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. According to MarkNtel Advisors Study.
Global Shipping Container Market Opportunity:
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.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Shipping Container Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- 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
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Bertschi AG., Bulkhaul Limited, BNH Gas Tanks, A. 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, Others, are looking forward to strengthening their market positions.
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