Storage of essential commodities such as potable water, fuel, and expensive chemicals to remote and deserted areas is a big challenge currently. Scarcity of resources and diminishing natural resources present a considerable challenge before the storage industry. Development of the pillow tank storage system is proving to be a robust and effective medium to store and transport essential and vital commodities around the globe safely. Pillow tanks, also known as pillow bladders, are primarily collapsible liquid storage tank systems. Pillow tanks are used for the temporary storage of water, chemicals, oils, and fuel for a short duration. Pillow tanks are known by different names across various industries, and these are utilized for a variety of purposes to meet specific needs and requirements. They are made from various fabricating materials. Some fabricating materials used in the manufacturing of pillow tanks are elvaloy, polyurethane, coated PVC, and epoxy resins. Pillow tanks also require fitting materials for extra durability, which includes stainless steel, aluminum, and polypropylene. High quality collapsible storage tanks are typically manufactured from XR-5 fabric, which offers UV and chemical-corrosion protection. Special types of fabric such as NSF 61 are also utilized for specific applications such as storage and transport of hazardous chemicals.

A significant advantage of a pillow-shaped tank is that it does not require any assembly or support structure, which helps to have a very low profile. This provides stability even during windy conditions. A commonly utilized pillow tank is the drinking water pillow tank. Drinking water pillow tanks are flexible storage units primarily designed for commercial, residential, and industrial potable water storage applications. Furthermore, pillow tanks offer high level of customization, depending on the type of liquid to be stored in them. Most commonly used customization includes the installation of emergency plugs, optional items ports, spare tank parts, repair kits, and pressure relief valves. The exterior of the pillow tank is made of robust and durable fabric, which is resistant to outdoor elements such as pollutants, dust, and temperature changes.

Portable liquid storage containers such as pillow tanks are the need of the hour, presently, due to increasing droughts, potable water shortage, scarcity in rainfall, and rising agricultural and industrial needs. Pillow tanks can serve as a critical medium for fulfilling the storage and transportation needs of a variety of agricultural and industrial applications. Moreover, pillow tanks are used in a variety of applications in the military due to their ease of use and ease of deployment. They also prove to be valuable for emergency management organizations, local, state, and global governmental bodies, which need to respond quickly to a broad range of environmental or weather-related disasters.

Pillow water storage tanks are available in a wide variety of sizes according to the type of application. Most commonly found storage pillow water tanks are used for residential purposes, with a storage range of 400, 1000, 2,000 and 5,000 liters. Pillow storage tanks are also utilized widely for rainwater harvesting, which can help reduce water scarcity and promote sustainability around the globe.

Increasing disaster relief activities, water scarcity, and commodity storage requirements across the globe provide vast potential for the pillow tank market. Rising demand for pillow tanks in disaster management programs is also driving the market around the globe. Lack of public awareness and material quality issues in emerging economies are the key restraints of the pillow tank market.

Currently, Asia Pacific and Europe lead the global pillow tank market in terms of consumption. China, India, and other countries of Southeast Asia are major consumers of pillow tanks in Asia Pacific. Technological advancements in material science and rapid economic expansion in countries of Asia Pacific are estimated to provide significant growth opportunities to global players in the pillow tank market. Prominent global players that manufacture pillow tanks are Flexi Tank, Husky Portable Containment, Simflex LLC, Canflex USA Inc., Genap B.V., and Chemtex Inc. Increase in investments for disaster management, promoting sustainability, rainwater harvesting, and potable water storage in deserted places led by the rise in per capita GDP of countries in Southeast Asia, are anticipated to boost the demand for pillow tanks in the near future.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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