Global Shipping Container Market Research Report and Forecast 2021-2026
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Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
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Report Description
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Report Description and Highlights
Report Description
Global Shipping Container Market Outlook 2026: IMARC Group's latest report, titled " Shipping Container Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021 -2026 ," finds that the global shipping container market size reached US$ 9.70 Billion in 2020. Shipping containers, or intermodal containers, are used for transporting and carrying goods and cargo by sea and land via ships, rails or trucks. These watertight containers have excellent strength and durability, making them ideal to withstand shipment, storage and handling. They are also cost-effective and convenient for cargo transportation and eliminate the need for unloading and reloading cargo at intermediate points. As a result, shipping containers have gained immense traction across the food and beverages (F&B), consumer goods, pharmaceuticals, chemical and automotive industries. Request for a free sample: https://www.imarcgroup.com/shipping-container-market/requestsample
Report Description and Highlights
Report Description
Global Shipping Container Market Trends: The escalating demand for cargo transportation via ships and the increasing number of trade-related agreements represent the primary factors driving the market. Additionally, the widespread adoption of automation at cargo terminals, coupled with the implementation of stringent safety norms in marine transportation, is augmenting the demand for shipping containers. Besides this, several major shipping companies are adopting the Internet of Things (IoT)-connected devices to collect valuable insights that are utilized to minimize downtime and streamline multiple processes to enhance operational efficiency in the maritime industry. Furthermore, shipping containers are extensively used for transporting industrial raw materials and manufactured goods such as metals, minerals, oil and gases, chemicals, and parts of machinery, automobiles and aircraft. This, in confluence with the rising investments in manufacturing healthcare products and shipping of the COVID-19 vaccine to different parts of the world, are also propelling the market growth.
Report Description and Highlights Report Description Market Summary: Breakup by Product: • Dry Storage Containers • Flat Rack Containers • Refrigerated Containers • Special Purpose Containers Breakup by Container Size: • Small Containers (20 feet) • Large Containers (40 feet) • High Cube Containers Breakup by Application: • Food and Beverages • Consumer Goods • Healthcare • Industrial Products • Vehicle Transport
Report Description and Highlights Report Description Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America Looking forward, IMARC Group expects the market to grow at a CAGR of 4.6% during 2021-2026.
Report Description and Highlights Report Description Competitive Landscape With Key players: • A.P. Moller - Maersk • CARU Containers B.V • China Eastern Containers • COSCO SHIPPING Lines Co. Ltd. (China COSCO Shipping Corporation Limited) • CXIC Group Containers Company Limited • OEG Offshore Limited • Ritveyraaj Cargo Shipping Containers • SEA BOX Inc • Singamas Container Holdings Limited • TLS Offshore Containers International • W&K Containers Inc • YMC Container Solutions View Report TOC, Figures and Tables: https://www.imarcgroup.com/shipping-container-market
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Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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