Shipping Containers Market by Type (Dry Storage Container, Flat Rack Container, and Others), Size (Small, Large and High), End User (Food and Beverages, Healthcare and Others) and Region - Global Industry Analysis, Opportunities and Forecast up to 2026

The global Shipping Containers market size was valued at $6.92 billion in 2020 and is projected to reach $10.25 billion by 2026, growing at a CAGR of 6.8% during the forecast period.
 
• Growing adoption for highly efficient and superior capacity shipping containers, rising demand for a cost-effective shipping solution, and increased globalization due to rapid growth in economies of some developing countries are the major drivers driving the market growth.
 
• Additionally, increasing demand for cargo transportation through ships along with the rise in trade-related agreements and anticipated trend of automation in marine transportation are the factors that are anticipated to drive the shipping container market.

• However, slow economic growth in countries such as China and certain European countries and fluctuations in transportation and inventory costs are likely to hamper the market.
 
• Moreover, growing cross-border activities and inland marine cargo transport, and adoption of Remote Container Management (RCM) solutions are creating opportunities for the growth of the market.
 
Shipping containers refer to the containers used in the transport and carriage of goods without the need for unloading and reloading at intermediate points. These containers transport goods through land and seaborne modes carrying them between the trucks, ships, and rails. Shipping containers are used for around 10-15 years before being retired into the domestic fleet and are kept under regular surveillance at the time of the journey to ensure safety principles. Shipping containers are generally made up of aluminum and steel. The size and type built for each container complies with specifications and norms formulated by the International Organization for Standardization (ISO).

By Type, the Dry Storage Container Emerge as the Dominant Segment

The dry Storage Container segment dominates the Shipping container market this is mainly attributed to an increase in Intermodal transportation; as it requires low investments, is highly efficient, and is eco-friendly, and offers door-to-door delivery in a short delivery time. Intermodal transportation also ensures the safety of the cargo and involves the use of various routes and it involves only a few idle periods during the operation and it is easy to track. An increase in the demand-supply scenario of manufacturing and construction industries worldwide is estimated to fuel the demand for the dry containers segment.  

By Geography, Asia-Pacific Region to Hold Major Share of the Shipping Container Market

Asia-Pacific region dominates the Shipping container market and to remain in the forecast period as well, owing to the growth in the trade activities and several supportive government policies of trade. Rising seaborne trade activities, development in the transportation services, and the rising trend of containerization of goods will further create ample growth opportunities in the market across the Asia-Pacific region.

List of the Key Players Profiled in the Market Include:
• TLS Offshore Containers International Pvt. Ltd
• CXIC Group
• Singamas Container Holdings Limited
• CARU containers
• W&K Container Inc.
• China International Marine Containers
• COSCO SHIPPING Development Co., Ltd
• A.P. Moller–Maersk Group
• OEG Offshore limited
• Maersk Container Industry AS
• Shanghai Universal Logistics Equipment
• YMC Container Solutions
• Sea Box Inc
• Ritveyraaj Cargo Shipping Containers

What Can be Explored with this Research Report:
• Understand the key trends that will drive the market, challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Global Shipping Containers Market by, Type
• Dry Storage Container
• Flat Rack Container
• Refrigerated Container
• Special-Purpose Container
• Open Top Container
• Double Door Container
• Other Types

Global Shipping Containers Market by, Size
• Small Container (20 feet)
• Large Container (40 feet)
• High Cube Container (40 feet)

Global Shipping Containers Market by, End-User
• Food and Beverages
• Healthcare
• Consumer Goods
• Industrial Products
• Vehicle Transport
• Other End Users

Global Shipping Containers Market by, Geography
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Table Of Content

1 Market Overview           
    1.1 Introduction       
    1.2 Research Objectives      
    1.3 Market Segmentation      
    1.4 Stakeholders       
    1.5 List of Acronyms       
             
2 Executive Summary           
             
3 Research Methodology          
    3.1 Identification of Data      
    3.2 Evaluation of Market Dynamics     
    3.3 Collaboration of Data      
    3.4 Verification and Analysis      
    3.5 Data Sources       
    3.6 Assumptions       
             
4 Market Dynamics           
    4.1 Market Drivers       
            4.1.1 Growing adoption for highly efficient and superior capacity shipping containers
            4.1.2 Rising demand for cost-effective shipping solution
            4.1.3 Increased globalization due to rapid growth in economies of some developing countries
    4.2 Market Restraints       
            4.2.1 Slow economic growth in countries such as China and Certain European Countries
            4.2.2 Fluctuations in transportation and inventory costs
    4.3 Impact of COVID-19 on Shipping Containers Market    
             
5 Porter's Five Force Analysis          
    5.1 Bargaining Power of Suppliers      
    5.2 Bargaining Power of Buyers      
    5.3 Threat of New Entrants      
    5.4 Threat of Substitutes      
    5.5 Competitive Rivalry in the Market     
             
6 Global Shipping Containers Market by, Type        
    6.1 Overview       
    6.2 Dry Storage Container      
    6.3 Flat Rack Container       
    6.4 Refrigerated Container      
    6.5 Special-Purpose Container      
    6.6 Open Top Container      
    6.7 Double Door Container      
    6.8 Other Types       
             
7 Global Shipping Containers Market by, Size        
    7.1 Overview       
    7.2 Small Container (20 feet)      
    7.3 Large Container (40 feet)      
    7.4 High Cube Container (40 feet)      
             
8 Global Shipping Containers Market by, End User        
    8.1 Overview       
    8.2 Food and Beverages      
    8.3 Healthcare       
    8.4 Consumer Goods       
    8.5 Industrial Products       
    8.6 Vehicle Transport       
    8.7 Other End Users       
             
9 Global Shipping Containers Market by, Geography        
    9.1 Overview       
    9.2 North America       
    9.3 Europe        
    9.4 Asia Pacific       
    9.5 South America       
    9.6 Middle East & Africa      
             
10 Key Developments           
             
11 Company Profiling           
    11.1 TLS Offshore Containers International Pvt. Ltd    
             11.1.1 Business Overview
             11.1.2 Product/Service Offering
             11.1.3 Financial Overview
             11.1.4 SWOT Analysis
             11.1.5 Key Activities
    11.2 CXIC Group       
    11.3 Singamas Container Holdings Limited     
    11.4 CARU containers       
    11.5 W&K Container Inc.       
    11.6 China International Marine Containers     
    11.7 COSCO SHIPPING Development Co., Ltd     
    11.8 A.P. Moller–Maersk Group      
    11.9 OEG Offshore limited      
    11.10 Maersk Container Industry AS      
    11.11 Shanghai Universal Logistics Equipment     
    11.12 YMC Container Solutions      
    11.13 Sea Box Inc       
    11.14 Ritveyraaj Cargo Shipping Containers