Shipping Container Market Size, Share, Growth Report 2032

Shipping Container Market

Shipping Container Market- By Container Size (High Cube Containers, Large Containers, And Small Containers), By Product Type (Special Purpose Containers, Refrigerated Containers, Flat Rack Containers, and Dry Storage Containers), And By End-Use (Transport, Industrial Products, Healthcare, Consumer Goods, And Food & Beverages): Global Industry Perspective, Comprehensive Analysis, And Forecast 2021–2028

Category: Packaging Report Format : PDF Pages: 168 Report Code: ZMR-6787 Published Date: Jan-2022 Status : Published
Market Size in 2020 Market Forecast in 2028 CAGR (in %) Base Year
USD 6.45 Billion USD 16.01 Billion 4.24% 2020

Shipping Container Market: Industry Perspective

The global Shipping Container Market accrued earnings worth approximately 6.45 (USD Billion) in 2020 and is predicted to gain revenue of about 16.01(USD Billion) by 2028, is set to record a CAGR of nearly 12.1% over the period from 2021 to 2028. The report offers an assessment and analysis of the Shipping Container Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

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Shipping Container Market: Overview

Shipping containers are available in myriad shapes and range from huge reusable steel boxes to corrugated boxes. They help in bundling cargo & goods into huge unitized loads and can be easily managed, shifted, and stacked. These products are easily packaged in ship just like pallets & cardboard boxes. They are manufactured from steel and aluminum and their production is made as per the laws of ISO (International Organization for Standardization).

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Shipping Container Market: Growth Factors

The surge in cargo transport activities through ships & steamers will spur market size. Additionally, shipping containers are used for transporting as well as goods carriage without uploading & reloading needs at intermediate points. This has enhanced the popularity of product leading to the humungous growth of the shipping container industry. Apart from this, the rise in maritime shipping activities with rising in trade deals across the globe will embellish business trends. Nonetheless, huge costs of products can pose a threat to the expansion of the shipping container industry in near future.

Furthermore, the growing acceptance of automation in container terminals resulting in container standardization will drive market trends. In addition to this, some the countries such as India are producing cargo containers with help of regional producers as a part of its Atmanirbhar Bharat initiative. Such moves will create humungous demand for shipping containers across the globe.

Shipping Container Market: Report Scope

Report Attributes Report Details
Report Name Shipping Container Market Research Report
Market Size in 2020 USD 6.45 Billion
Market Forecast in 2028 USD 16.01 Billion
Growth Rate CAGR of 4.24%
Number of Pages 214
Key Companies Covered TLS Offshore Containers International, Sea Box Inc., YMC Container Solutions, CXIC Group Containers Company Limited, CARU Containers B.V., Maersk Container Industry, Singamas Container Holdings Limited, China International Marine Containers Co. Ltd., OEG OFFSHORE Limited, and W&K Container.
Segments Covered By Container Size, By Product Type, By End-User, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2020
Historical Year 2016 to 2020
Forecast Year 2021 - 2028
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Shipping Container Market: Regional Insights

The Asia Pacific To Contribute Huge Market Share Over Forecast Timeframe

The growth of the shipping container market in the Asia Pacific over the forecast timeline is subject to a rise in trade through sea and land route activities in the sub-continent.  In addition to this, huge demand for shipping containers across countries such as Japan, India, and China will prop up the expansion of the shipping container market in the Asia Pacific zone. Additionally, the large-scale presence of key manufacturers in the sub-continent will help in contributing sizably toward regional market revenue over the coming years.

Shipping Container Market: Competitive Landscape

Key players impacting the market landscape and profiled in the study are TLS Offshore Containers International, Sea Box, Inc., YMC Container Solutions, CXIC Group Containers Company Limited, CARU Containers B.V., Maersk Container Industry, Singamas Container Holdings Limited, China International Marine Containers Co., Ltd., OEG OFFSHORE LIMITED, and W&K Container.

The global Shipping Container Market is segmented as follows:

By Container Size

  • High Cube Containers
  • Large Containers
  • Small Containers

By Product Type

By End-Use

  • Transport
  • Food & Beverages
  • Industrial Products
  • Healthcare
  • Consumer Goods

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Surge in cargo transport activities through ships & steamers will spur market size. Additionally, shipping containers are used for transporting as well as goods carriage without uploading & reloading need at intermediate points. This has enhanced popularity of product leading to humungous growth of shipping container industry. Apart from this, rise in maritime shipping activities with rise in trade deals across globe will embellish business trends. Furthermore, growing acceptance of automation in container terminals resulting in container standardization will drive market trends. In addition to this, some of the countries such as India are producing cargo containers with help of regional producers as a part of its Atmanirbhar Bharat initiative. Such moves will create humungous demand for shipping containers across globe.

According to Zion market research report, the global Shipping Container Market accrued earnings worth approximately 6.45 (USD Billion) in 2020 and is predicted to gain revenue of about 16.01(USD Billion) by 2028, is set to record a CAGR of nearly 12.1% over the period from 2021 to 2028.

Asia Pacific will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject to rise in trade through sea and land route activities in sub-continent. In addition to this, huge demand for shipping containers across countries such as Japan, India, and China will prop up expansion of shipping container market in Asia Pacific zone. Additionally, large-scale presence of key manufacturers in sub-continent will help in contributing sizably towards regional market revenue over coming years.

The key market participants include TLS Offshore Containers International, Sea Box, Inc., YMC Container Solutions, CXIC Group Containers Company Limited, CARU Containers B.V., Maersk Container Industry, Singamas Container Holdings Limited, China International Marine Containers Co., Ltd., OEG OFFSHORE LIMITED, and W&K Container.

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