Shipping Container Market Hits USD 10.5 billion in 2023, Targets 4.2% CAGR Soar Until 2030

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Shipping Container Market Hits USD 10.5 billion in 2023, Targets 4.2% CAGR Soar Until 2030

In-Depth Analysis of the Global Shipping Container Market: 2024-2030 Forecasts

MarkNtel Advisors has recently released an in-depth study on the Shipping Container Market, covering historical data, current market trends, marketing strategies, technological advancements, upcoming technologies, emerging opportunities, and technical advancements in the relevant industry.

How big is the Shipping Container Industry?

The Global Shipping Container Market was valued at USD 10.5 billion in 2023 and it is estimated to grow at a CAGR of about 4.2% during the forecast period, i.e., 2024-30. 

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Who are the top players in the Shipping Container Market?

  • Bertschi AG.
  • Bulkhaul Limited
  • BNH Gas Tanks
  • P Moller Maersk
  • NewPort
  • Danteco Industries BV
  • China International Marine Containers (Group) Ltd.
  • COSCO SHIPPING Development Co., Ltd.
  • TLS Offshore Containers / TLS Energy
  • CXIC Group
  • W&K Container
  • Thurston Group
  • Caru Container
  • OEG Offshore
  • Sea Box
  • Others

Global Shipping Container Market Segmentation:

By Product

  • ISO Container- Market Size & Forecast 2019-2030, (Thousand Units)
  • Non Standardized Container- Market Size & Forecast 2019-2030, (Thousand Units)

By Type

  • Dry Container - Market Size & Forecast 2019-2030, (Thousand Units)
  • Reefer Container - Market Size & Forecast 2019-2030, (Thousand Units)
  • Tank Container- Market Size & Forecast 2019-2030, (Thousand Units)

By Size

  • 20 feet- Market Size & Forecast 2019-2030, (Thousand Units)
  • 40 feet - Market Size & Forecast 2019-2030, (Thousand Units)
  • High Cube Containers- Market Size & Forecast 2019-2030, (Thousand Units)

By Application

  • Food & Beverages- Market Size & Forecast 2019-2030, (Thousand Units)
  • Consumer Goods - Market Size & Forecast 2019-2030, (Thousand Units)
  • Healthcare- Market Size & Forecast 2019-2030, (Thousand Units)
  • Industrial Product- Market Size & Forecast 2019-2030, (Thousand Units)
  • Vehicle Transport- Market Size & Forecast 2019-2030, (Thousand Units)
  • Others- Market Size & Forecast 2019-2030, (Thousand Units)

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Regional/ Countries Insight:

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

What are the primary market drivers influencing the growth of Shipping Container Market?

Global Shipping Container Market Driver

Technology Advancement is Driving Shipping Container Market Growth – The global shift towards automation & the demonstration of autonomous ships has fostered collaboration among nations in the development of self-piloting vessels for both passenger & cargo transport. Due to this freight, companies are developing and launching new technologies to cater to this new age demand in the market. This collective effort is driving advancements in the shipping industry, propelling it toward growth. For instance:

  • In 2022, Japanese freight company Mitsui Lines launched fully automated container ships to help keep freight moving in the future with technology.

Consequently, with the introduction of automation in the shipping industry, the utilization of shipping containers is anticipated to expand, driven by enhanced safety protocols. Hence, this, in turn, is expected to foster global growth in the Shipping Container Market.

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Gain a Competitive Edge with Market Research Report

  1. The Global Shipping Container Market Report by MarkNtel Advisors offers a detailed analysis of the market size, growth rate, competitive landscape, and key players, allowing businesses to gain a comprehensive understanding of market dynamics.
  2. Businesses can utilize the report to identify emerging opportunities and potential challenges in the market by highlighting current trends and providing future projections.
  3. The insights provided in the report enable companies to align their strategies based on market forecasts, ensuring they can stay ahead of the competition and make informed decisions.
  4. Apart from market trends and projections, the Global Shipping Container Market Report assists in assessing and mitigating risks associated with entering or operating in the market
  5. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategic approaches to minimize risks and optimize their operations, enhancing their competitive edge in the market.

About Us

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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