Shipping Container Market Trends, Business Overview, Industry Growth and Forecast to 2028

The global shipping container market is expected to reach USD 12.08 billion by 2027 from USD 8.7 billion in 2019, registering a CAGR of 4% during the forecast period 2022-2028. A shipping container is a container that has the strength to withstand shipping, storage and handling. These containers range from large, reusable steel boxes used for intermodal transport to ubiquitous corrugated boxes. Containers are a means of bundling cargo and goods into large units that can be easily handled, moved and stacked, and can be tightly packed on ships or yards, similar to cartons and pallets. They are usually made of aluminum and steel. The size and type of each container complies with the specifications and regulations established by the International Organization for Standardization (ISO).

 

Company Profiles

Key players operating in the market include A.P. Moller–Maersk Group, CARU containers, China International Marine Containers, COSCO SHIPPING Development Co., Ltd, CXIC Group, OEG Offshore limited, Singamas Container Holdings Limited, TLS Offshore Containers International, W&K Containers, Inc., YMC Container Solutions,and others.

 

Shipping Container Market – Segmentation

By Container Size

• Small Containers (20 feet)
• Large Containers (40 feet)
• High Cube Containers (40 feet)

By Product Type

• Dry Storage Containers
• Flat Rack Containers
• Refrigerated Containers
• Special Purpose Containers
• Others

By End Use

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

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Key Questions Answered by Shipping Container Market Report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?