Shipping Container Market | 2031 Strategic Insights | Recent updates
The Shipping Container Market is expected to register a CAGR of 5.2% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The market is segmented into by Container Size (Small Container (20 feet), Large Container (40 feet), High Cube Container (40 feet)); Product Type (Dry Storage Container, Flat Rack Container, Refrigerated Container, Special Purpose Container) , and Geography (North America, Europe, Asia Pacific, and South and Central America)
Purpose of the ReportThe report Shipping Container Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Shipping Container Market Segmentation
Container Size- Small Container
- Large Container
- High Cube Container
- Dry Storage Container
- Flat Rack Container
- Refrigerated Container
- Special Purpose Container
Strategic Insights
Shipping Container Market Growth Drivers- Increasing Global Trade: The shipping container market is highly dependent on increasing global trade. Owing to the continually interrelated nature of economies across borders, the demand to transport goods efficiently across borders has increased. Increasing global trade requires an even greater fleet of shipping containers to embrace such rising volumes of imports and exports.
- E-commerce Boom: An increase in the growth rates of e-commerce has revolutionized practices within logistics and shipping. Growing consumers shopping online are pushing shipping in one direction-from manufacturers to consumers-with a corresponding increase in return shipping, where containers are now in high demand. Thus, logistics companies are investing in more containers which meet the demands of the ever increasing e-commerce sector.
- Digitalization and Automation: The shipping container market is digitalized and automated today. Blockchain technology will be used regarding tracking shipments, IoT for real-time monitoring, and increasingly more automated logistics systems are coming online. Such technological changes or improvements enhance the efficiency of operations, reduce costs, and create transparency in the supply chain.
- Increased attention to supply chain resilience: With the recent disruptions as a result of the COVID-19 pandemic, companies today are more aware of needing resilient supply chains. In this regard, firms pay more attention to agile and adaptive logistics practices. The consequence has been investment in shipping containers that support diverse needs of supply chains and minimize disruptions.
- Sustainable Practices: There is an increasing opportunity in the shipping container market to embrace sustainable practices. Innovations in eco-friendly designs of containers and renewable energy resources in shipping operations may attract business-conscious consumers and companies that have serious sensitivities to the environment. Businesses that obtain positive differences through sustainability principles can reap competitive advantage within the marketplace.
- Repurposing Shipping Containers: Industry players can capitalize on the repurpose of shipping containers for informal purposes like housing, offices, and retail stores. Raised rates of urbanization and high demands for cheap housing make the repurposing of shipping containers useful in realizing cost-effective outcomes. A new income stream opens up for manufacturers and suppliers
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Shipping Container Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Shipping Container Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The Shipping Container Market is estimated to witness a CAGR of 5.2% from 2023 to 2031
The major factors driving the Shipping Containermarket are: Increasing Global Trade
Risks of Goods Damage
A.P. MOLLER - MAERSK GROUP, China International Marine Containers (Group) Ltd., China Shipping Container Lines Co. Ltd., CXIC GROUP, Singamas Container Holdings Limited, TLS Offshore Containers International, W&K Containers, Inc., YMC Container Solutions, Bertschi AG, BNH Gas Tank, Bulkhaul Limited
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Shipping Containers Market - By Container Size
1.3.2 Shipping Containers Market - By Product Type
1.3.3 Shipping Containers Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SHIPPING CONTAINERS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. SHIPPING CONTAINERS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. SHIPPING CONTAINERS MARKET - GLOBAL MARKET ANALYSIS
6.1. SHIPPING CONTAINERS - GLOBAL MARKET OVERVIEW
6.2. SHIPPING CONTAINERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SHIPPING CONTAINERS MARKET - REVENUE AND FORECASTS TO 2028 - CONTAINER SIZE
7.1. OVERVIEW
7.2. CONTAINER SIZE MARKET FORECASTS AND ANALYSIS
7.3. SMALL CONTAINER (20 FEET)
7.3.1. Overview
7.3.2. Small Container (20 feet) Market Forecast and Analysis
7.4. LARGE CONTAINER (40 FEET)
7.4.1. Overview
7.4.2. Large Container (40 feet) Market Forecast and Analysis
7.5. HIGH CUBE CONTAINER (40 FEET)
7.5.1. Overview
7.5.2. High Cube Container (40 feet) Market Forecast and Analysis
8. SHIPPING CONTAINERS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
8.1. OVERVIEW
8.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
8.3. DRY STORAGE CONTAINER
8.3.1. Overview
8.3.2. Dry Storage Container Market Forecast and Analysis
8.4. FLAT RACK CONTAINER
8.4.1. Overview
8.4.2. Flat Rack Container Market Forecast and Analysis
8.5. REFRIGERATED CONTAINER
8.5.1. Overview
8.5.2. Refrigerated Container Market Forecast and Analysis
8.6. SPECIAL PURPOSE CONTAINER
8.6.1. Overview
8.6.2. Special Purpose Container Market Forecast and Analysis
9. SHIPPING CONTAINERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Shipping Containers Market Overview
9.1.2 North America Shipping Containers Market Forecasts and Analysis
9.1.3 North America Shipping Containers Market Forecasts and Analysis - By Container Size
9.1.4 North America Shipping Containers Market Forecasts and Analysis - By Product Type
9.1.5 North America Shipping Containers Market Forecasts and Analysis - By Countries
9.1.5.1 United States Shipping Containers Market
9.1.5.1.1 United States Shipping Containers Market by Container Size
9.1.5.1.2 United States Shipping Containers Market by Product Type
9.1.5.2 Canada Shipping Containers Market
9.1.5.2.1 Canada Shipping Containers Market by Container Size
9.1.5.2.2 Canada Shipping Containers Market by Product Type
9.1.5.3 Mexico Shipping Containers Market
9.1.5.3.1 Mexico Shipping Containers Market by Container Size
9.1.5.3.2 Mexico Shipping Containers Market by Product Type
9.2. EUROPE
9.2.1 Europe Shipping Containers Market Overview
9.2.2 Europe Shipping Containers Market Forecasts and Analysis
9.2.3 Europe Shipping Containers Market Forecasts and Analysis - By Container Size
9.2.4 Europe Shipping Containers Market Forecasts and Analysis - By Product Type
9.2.5 Europe Shipping Containers Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Shipping Containers Market
9.2.5.1.1 Germany Shipping Containers Market by Container Size
9.2.5.1.2 Germany Shipping Containers Market by Product Type
9.2.5.2 France Shipping Containers Market
9.2.5.2.1 France Shipping Containers Market by Container Size
9.2.5.2.2 France Shipping Containers Market by Product Type
9.2.5.3 Italy Shipping Containers Market
9.2.5.3.1 Italy Shipping Containers Market by Container Size
9.2.5.3.2 Italy Shipping Containers Market by Product Type
9.2.5.4 United Kingdom Shipping Containers Market
9.2.5.4.1 United Kingdom Shipping Containers Market by Container Size
9.2.5.4.2 United Kingdom Shipping Containers Market by Product Type
9.2.5.5 Russia Shipping Containers Market
9.2.5.5.1 Russia Shipping Containers Market by Container Size
9.2.5.5.2 Russia Shipping Containers Market by Product Type
9.2.5.6 Rest of Europe Shipping Containers Market
9.2.5.6.1 Rest of Europe Shipping Containers Market by Container Size
9.2.5.6.2 Rest of Europe Shipping Containers Market by Product Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Shipping Containers Market Overview
9.3.2 Asia-Pacific Shipping Containers Market Forecasts and Analysis
9.3.3 Asia-Pacific Shipping Containers Market Forecasts and Analysis - By Container Size
9.3.4 Asia-Pacific Shipping Containers Market Forecasts and Analysis - By Product Type
9.3.5 Asia-Pacific Shipping Containers Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Shipping Containers Market
9.3.5.1.1 Australia Shipping Containers Market by Container Size
9.3.5.1.2 Australia Shipping Containers Market by Product Type
9.3.5.2 China Shipping Containers Market
9.3.5.2.1 China Shipping Containers Market by Container Size
9.3.5.2.2 China Shipping Containers Market by Product Type
9.3.5.3 India Shipping Containers Market
9.3.5.3.1 India Shipping Containers Market by Container Size
9.3.5.3.2 India Shipping Containers Market by Product Type
9.3.5.4 Japan Shipping Containers Market
9.3.5.4.1 Japan Shipping Containers Market by Container Size
9.3.5.4.2 Japan Shipping Containers Market by Product Type
9.3.5.5 South Korea Shipping Containers Market
9.3.5.5.1 South Korea Shipping Containers Market by Container Size
9.3.5.5.2 South Korea Shipping Containers Market by Product Type
9.3.5.6 Rest of Asia-Pacific Shipping Containers Market
9.3.5.6.1 Rest of Asia-Pacific Shipping Containers Market by Container Size
9.3.5.6.2 Rest of Asia-Pacific Shipping Containers Market by Product Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Shipping Containers Market Overview
9.4.2 Middle East and Africa Shipping Containers Market Forecasts and Analysis
9.4.3 Middle East and Africa Shipping Containers Market Forecasts and Analysis - By Container Size
9.4.4 Middle East and Africa Shipping Containers Market Forecasts and Analysis - By Product Type
9.4.5 Middle East and Africa Shipping Containers Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Shipping Containers Market
9.4.5.1.1 South Africa Shipping Containers Market by Container Size
9.4.5.1.2 South Africa Shipping Containers Market by Product Type
9.4.5.2 Saudi Arabia Shipping Containers Market
9.4.5.2.1 Saudi Arabia Shipping Containers Market by Container Size
9.4.5.2.2 Saudi Arabia Shipping Containers Market by Product Type
9.4.5.3 U.A.E Shipping Containers Market
9.4.5.3.1 U.A.E Shipping Containers Market by Container Size
9.4.5.3.2 U.A.E Shipping Containers Market by Product Type
9.4.5.4 Rest of Middle East and Africa Shipping Containers Market
9.4.5.4.1 Rest of Middle East and Africa Shipping Containers Market by Container Size
9.4.5.4.2 Rest of Middle East and Africa Shipping Containers Market by Product Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Shipping Containers Market Overview
9.5.2 South and Central America Shipping Containers Market Forecasts and Analysis
9.5.3 South and Central America Shipping Containers Market Forecasts and Analysis - By Container Size
9.5.4 South and Central America Shipping Containers Market Forecasts and Analysis - By Product Type
9.5.5 South and Central America Shipping Containers Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Shipping Containers Market
9.5.5.1.1 Brazil Shipping Containers Market by Container Size
9.5.5.1.2 Brazil Shipping Containers Market by Product Type
9.5.5.2 Argentina Shipping Containers Market
9.5.5.2.1 Argentina Shipping Containers Market by Container Size
9.5.5.2.2 Argentina Shipping Containers Market by Product Type
9.5.5.3 Rest of South and Central America Shipping Containers Market
9.5.5.3.1 Rest of South and Central America Shipping Containers Market by Container Size
9.5.5.3.2 Rest of South and Central America Shipping Containers Market by Product Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. SHIPPING CONTAINERS MARKET, KEY COMPANY PROFILES
11.1. A.P. MOLLER - MAERSK GROUP
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CHINA INTERNATIONAL MARINE CONTAINERS (GROUP) LTD.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CHINA SHIPPING CONTAINER LINES CO. LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. CXIC GROUP
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. DONG FANG INTERNATIONAL ASSET MANAGEMENT LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. JINDO CO. LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SINGAMAS CONTAINER HOLDINGS LIMITED
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TLS OFFSHORE CONTAINERS INTERNATIONAL
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. WK CONTAINERS, INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. YMC CONTAINER SOLUTIONS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. A.P. MOLLER - MAERSK GROUP2. China International Marine Containers (Group) Ltd.3. China Shipping Container Lines Co. Ltd.4. CXIC GROUP5. Dong Fang International Asset Management Ltd.6. Jindo Co. Ltd.7. Singamas Container Holdings Limited8. TLS Offshore Containers International9. WK Containers, Inc.10. YMC Container Solutions
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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