PUBLISHER: Value Market Research | PRODUCT CODE: 1547808
PUBLISHER: Value Market Research | PRODUCT CODE: 1547808
The global demand for Shipping Containers Market is presumed to reach the market size of nearly USD 25.36 Billion by 2032 from USD 9.29 Billion in 2023 with a CAGR of 11.8% under the study period 2024-2032.
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 research 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 an inclusive assessment of each segment in the global market of Shipping Containers. The growth and trends of Shipping Containers industry provide a holistic approach to this study.
This section of the Shipping Containers market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Shipping Containers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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 Bertschi AG, BNH Gas Tanks, Bulkhaul Limited, Danteco Industries BV, NewPort Tank, A.P. Moller - Maersk, China International Marine Containers (Group) Ltd., Cosco Shipping Development Co. Ltd., CXIC Group, Singamas Container Holdings Limited, TLS Offshore Containers/TLS Special Containers, W&K Containers Inc., Thurston Group Limited, CARU Containers, OEG, Sea Box Inc., Iwes Ltd, Norcomp Nordic AB. This section consists of 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.
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