Global Shipping Containers Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026
MarketResearch.biz delivers in-depth insights on the global shipping containers market in its upcoming report titled, “Global Shipping Containers Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global shipping containers market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The 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 2026. The 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 size of container, product type, application, and region.
This report is based on 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 future.
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 system is rising preference for seaborne trade among developed and developing countries is a major factor driving 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 national and international level is further expected to fuel growth of the global shipping containers market.
However, longer duration required for water transportation is a major factor expected to challenge growth of the global shipping containers market to certain extent.
Favorable government insurance and trade policies and development of superior quality containers by manufacturers is expected to create new opportunities in terms of revenue to 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 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 neighborhood, dependency on sea routes by most of the countries, and presence of prominent players operating in countries in this region. Favorable government trade policies are expected to support growth of the market for containers in 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 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
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- 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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