Shipping Container Market Research’s Latest: 2023 Valuation Hits 10.5 Billion, Projects 4.2% CAGR Escalation by 2030
Report Overview:
The following report titled “Global Shipping Container Market: By Product (ISO Container, Non Standardized Container), By Type (Dry Container, Reefer Container, Tank Container), By Size (20 feet, 40 feet, High Cube Containers), By Application (Food & Beverages, Consumer Goods, Healthcare, Industrial Product, Vehicle Transport, Others) and other forecast 2024-2030” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.
Daftar Isi
Global Shipping Container Market Summary
The Global Shipping Container Market size is valued at around USD 10.5 billion in 2023 and it is estimated to grow at a CAGR of about 4.2% during the forecast period, i.e., 2024-30. The market is witnessing substantial growth, primarily driven by the increasing volume of maritime shipping resulting from the proliferation of trade agreements among nations. This growth is attributed to the secure & efficient transfer of cargo, a hallmark of containerized shipping compared to alternative transportation methods.
Report Coverage & Details
- Forecast Period: 2024-2030
- Base Year: 2023
- Market Size in 2023: USD 10.5 Billion
- CAGR: 4.2%
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Shipping Container Market Driver:
Technology Advancement is Driving Shipping Container Market Growth – The global shift towards automation & the demonstration of autonomous ships has fostered collaboration among nations in the development of self-piloting vessels for both passenger & cargo transport. Due to this freight, companies are developing and launching new technologies to cater to this new age demand in the market. This collective effort is driving advancements in the shipping industry, propelling it toward growth. For instance:
- In 2022, Japanese freight company Mitsui Lines launched fully automated container ships to help keep freight moving in the future with technology.
Consequently, with the introduction of automation in the shipping industry, the utilization of shipping containers is anticipated to expand, driven by enhanced safety protocols. Hence, this, in turn, is expected to foster global growth in the Shipping Container Market.
Segmentation Analysis: Shipping Container Market
By Product
- ISO Container- Market Size & Forecast 2019-2030, (Thousand Units)
- Non Standardized Container- Market Size & Forecast 2019-2030, (Thousand Units)
By Type
- Dry Container – Market Size & Forecast 2019-2030, (Thousand Units)
- Reefer Container – Market Size & Forecast 2019-2030, (Thousand Units)
- Tank Container- Market Size & Forecast 2019-2030, (Thousand Units)
By Size
- 20 feet- Market Size & Forecast 2019-2030, (Thousand Units)
- 40 feet – Market Size & Forecast 2019-2030, (Thousand Units)
- High Cube Containers- Market Size & Forecast 2019-2030, (Thousand Units)
By Application
- Food & Beverages- Market Size & Forecast 2019-2030, (Thousand Units)
- Consumer Goods – Market Size & Forecast 2019-2030, (Thousand Units)
- Healthcare- Market Size & Forecast 2019-2030, (Thousand Units)
- Industrial Product- Market Size & Forecast 2019-2030, (Thousand Units)
- Vehicle Transport- Market Size & Forecast 2019-2030, (Thousand Units)
- Others- Market Size & Forecast 2019-2030, (Thousand Units)
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Region: Asia-Pacific Holds a Major Market Share
Among all regions globally, Asia-Pacific is anticipated to dominate the Shipping Container Market with the largest share during 2024-30.
Leading Players Analysis: Shipping Container Market
The report provides detailed analysis of key players in the global Shipping Container market, highlighting their strategies and competitive scenario.
- Bertschi AG.
- Bulkhaul Limited
- BNH Gas Tanks
- P Moller Maersk
- NewPort
- Danteco Industries BV
- China International Marine Containers (Group) Ltd.
- COSCO SHIPPING Development Co., Ltd.
- TLS Offshore Containers / TLS Energy
- CXIC Group
- W&K Container
- Thurston Group
- Caru Container
- OEG Offshore
- Sea Box
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- Identifying Investment Opportunities: Through trend analysis and industry insights, stakeholders can identify attractive investment opportunities and stay ahead in the market for better ROI.
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