The global demand for Shipping Containers Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Shipping containers are large reusable steel boxes used to store, handle, and transport shipments from one location to another. Shipping containers are part of the supply chain logistics and can be used across different transport modes without loading and unloading cargo. Many variations of the containers are available as well for use with varying loads. According to ISO prerequisites, these containers satisfy the needs of exporters/merchants associated with international trade and come in standard sizes. Modern-day containers are equipped with software management systems and communication networks for easy monitoring. The used shipping containers can be converted for use in housing, office, and retail spaces.
The globalization of trade and commerce is the key driver for the growth of the shipping containers market. The rapidly growing world economy and rise in seaborne trade will boost the growth of this market. Demand for highly efficient and superior smart shipping containers will continue to grow to meet the expanding e-commerce industry. Increased use of shipping containers by industries like the defense will be a market booster. The use of remote container management (RCM) solutions for convenient monitoring of these containers will further propel the market growth. The main factors hampering this market's growth are fluctuating prices of the raw material steel and varying oil prices.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of shipping containers.
The entire shipping containers market has been sub-categorized into container size, product type and end use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Container Size
By Product Type
- Small Containers (20 feet)
- Large Containers (40 feet)
- High Cube Containers (40 feet)
By End Use
- Dry Storage Containers
- Flat Rack Containers
- Refrigerated Containers
- Special Purpose Containers
- Food & Beverages
- Consumer Goods
- Industrial Products
- Vehicle Transport
This section covers regional segmentation which accentuates on current and future demand for shipping containers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Shipping Containers Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the shipping containers market include A.P. Moller–Maersk Group, CARU containers, China International Marine Containers, COSCO SHIPPING Development Co., Ltd., CXIC Group, OEG Offshore limited, Singamas Container Holdings Limited, TLS Offshore Containers International, W&K Containers, Inc., YMC Container Solutions. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.