Shipping Containers Market Update Report 2024 | Industry Trends, Demand, Leading Companies and Segmentation till 2032


Posted December 5, 2024 by Tan8121

Shipping containers market is anticipated to grow at a CAGR of 4.1% during the forecast period (2024-2031).

 
The global shipping container market is driven by the continuous growth of international trade and globalization, which has led to increased demand for efficient and reliable transportation of goods across borders. As trade volumes rise, companies seek more cost-effective and secure ways to transport their products, boosting the demand for shipping containers. Additionally, advancements in container design and technology, such as eco-friendly and smart containers with tracking and monitoring capabilities, are further propelling market growth. The rise of e-commerce and the need for rapid and efficient logistics solutions also contribute to the expansion of the shipping container market. Furthermore, the adoption of intermodal transportation, where containers can be seamlessly transferred across different modes of transport like ships, trains, and trucks, enhances efficiency and cost savings, thereby stimulating market demand.

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New technologies like big data, the Internet of Things (loT), and Artificial Intelligence (Al) have modernized ships and containers. Better tracking, enhanced environmental management, and the ability for captains and customers to identify possible issues before they become emergencies are all made possible by this. The outcome of this technology is Remote Container Management (RCM), which makes it possible to track containers' present locations, their internal temperature and humidity, and the state of their electrical connections at any time, from any point globally, during their transportation. When it comes to the transportation of goods in the food service and healthcare industries, where environmental concerns are paramount, this RCM is helpful. In August 2023, Evergreen inaugurated Taiwan's premier fully automated container terminal, the largest of its kind, with remote-controlled gantry cranes. Developed with Taiwan International Ports Corporation (TIPC), it aligns with industry trends and operational needs for mega container ships. Over time, it is anticipated that this cutting-edge container will create a substantial amount of demand.

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Market Coverage
Market number available for – 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Market Segmentation

Global Shipping Containers Market by Size

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

Global Shipping Containers Market by Container

Dry Shipping Containers
Reefer Shipping Containers
Tank Shipping Containers
Offshore Shipping Containers

Global Shipping Containers Market by End-User

Automotive
Food and beverages
Consumer goods
Healthcare
Industrial Products
Oil and gas
Chemicals
Other

Regional Analysis

North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East and Africa

Company Profiles 

ALMAR Container Group
BD Containers BV
BSL Containers Ltd.
CARU Containers B.V.
China Eastern Containers (CEC)
China International Marine Container Group Co., Ltd.
CXIC Group Containers Co., Ltd. (CXIC)
DCM Hyundai Ltd.
Evergreen Marine (Taiwan) Ltd.
Hapag-Lloyd AG
IPL Management
IWES Ltd.
Klinge Corp.
OEG OFFSHORE
Ritveyraaj Cargo Shipping Containers
Sea Box, Inc.
Singamas Container Holdings Limited
Triton International, Ltd.
W&K Containers, Inc.
YMC Container Solutions

The Report Covers

Market value data analysis of 2023 and forecast to 2031.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global shipping containers market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.

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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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Last Updated December 5, 2024