The Shipping Containers Market report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2031.
The Shipping Containers Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global shipping containers market report has been segmented on the basis of the size of the container, product type, application, and region.
This Shipping Containers Market report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources.
Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.
Shipping Containers Market Overview:
“The Shipping Containers Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Shipping containers have high strength capability suitable to withstand shipment, storage, and handling activities. Shipping containers range from large reusable steel boxes used for intermodal shipments to ubiquitous corrugated boxes.
Well-developed waterways transportation systems are a rising preference for seaborne trade among developed and developing countries and are a major factor driving the growth of the global shipping containers market.
In addition, low freight rates as compared to other mode of transportations, and easy and reliable transportation of material in bulk are other factors expected to support growth of the global shipping containers market.
Moreover, rapid industrialization and increasing manufacturing units in developing countries leading to increasing trade activities on a national and international level are further expected to fuel the growth of the global shipping container market.
However, the longer duration required for water transportation is a major factor expected to challenge the growth of the global shipping container market to a certain extent.
Favorable government insurance and trade policies and the development of superior quality containers by manufacturers is expected to create new opportunities in terms of revenue for players operating in the global shipping containers market over the forecast period.
Asia Pacific market is expected to dominate in the global shipping containers market with a higher revenue share as compared to that of the other regional markets and is expected to continue its dominance during the forecast period.
This can be attributed to increasing trade activities between countries in the neighborhood, dependency on sea routes by most of the countries, and the presence of prominent players operating in countries in this region.
Favorable government trade policies are expected to support the growth of the market for containers in the Asia Pacific.
North America and Europe markets account for significant revenue share in the global shipping containers market, followed by markets in Latin America and the Middle East & Africa respectively.
Global Shipping Containers Market Segmentation:
By Size of Container:
- Small Container (20 feet)
- Large Container (40 feet)
- High Cube Container (40 feet)
By Product Type:
- Dry Storage Container
- Flat Rack Container
- Refrigerated Container
- Special Purpose Container
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- China International Marine Containers (Group) Ltd.
- TLS Offshore Containers International
- Cxic Group Containers Co Ltd
- P. MOLLER - MAERSK GROUP
- Singamas Container Holdings Limited
- Dong Fang International Asset Management Ltd.
- W&K Containers, Inc.
- YMC Container Solutions
- China Shipping Container Lines Co. Ltd.
- Jindo Co. Ltd.
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