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PUBLISHER: IMARC | PRODUCT CODE: 1390774

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PUBLISHER: IMARC | PRODUCT CODE: 1390774

Shipping Container Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Abstract

The global shipping container market size reached US$ 10.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 16.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.06% during 2022-2028.

Shipping containers are considered suitable for withstanding shipment, storage, and handling. They are used in the transportation and carriage of goods without the requirement of unloading and reloading at intermediate points. Their size and built complies with the specifications and regulations of the International Organization for Standardization (ISO). As they are affordable, offer convenience and facilitate transportation of goods through both land and sea, renting of shipping containers is gaining immense traction among businesses of different sectors across the globe.

Shipping Container Market Trends:

An increase in the demand for cargo transportation through ships, along with the rising in trade-related agreements, represents one of the key factors fueling the growth of the market. Additionally, the growing trend of automation in marine transportation and the escalating marine safety norms are offering lucrative growth opportunities to market players manufacturing shipping containers. However, the coronavirus disease (COVID-19) outbreak severely impacted the market on account of the implementation of complete lockdown in numerous countries and a temporary halt in the manufacturing units of different businesses. The market nonetheless is now experiencing growth again due to the upliftment of lockdown restrictions and a considerable rise in the need for transporting the COVID-19 vaccine to different parts of the world. This, in confluence with increasing investments in drug development and production of different healthcare products, is strengthening the growth of the market. Furthermore, the growing adoption of IoT-connected devices by major shipping companies is assisting in the collection of a large amount of data during the entire transportation process. These insights are utilized in reducing downtime and streamlining different procedures, thereby improving operational efficiency in the maritime industry.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global shipping container market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, container size and application.

Breakup by Product:

Dry Storage Containers

Flat Rack Containers

Refrigerated Containers

Special Purpose Containers

Others

Breakup by Container Size:

Small Containers (20 feet)

Large Containers (40 feet)

High Cube Containers

Others

Breakup by Application:

Food and Beverages

Consumer Goods

Healthcare

Industrial Products

Vehicle Transport

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. and YMC Container Solutions (Thurston Group Limited).

Key Questions Answered in This Report

  • 1. What was the size of the global shipping container market in 2022?
  • 2. What is the expected growth rate of the global shipping container market during 2023-2028?
  • 3. What has been the impact of COVID-19 on the global shipping container market?
  • 4. What are the key factors driving the global shipping container market?
  • 5. What is the breakup of the global shipping container market based on the product?
  • 6. What is the breakup of the global shipping container market based on the container size?
  • 7. What is the breakup of the global shipping container market based on the application?
  • 8. What are the key regions in the global shipping container market?
  • 9. Who are the key players/companies in the global shipping container market?
Product Code: SR112023A4631

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Shipping Container Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Product

  • 6.1 Dry Storage Containers
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Flat Rack Containers
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Refrigerated Containers
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Special Purpose Containers
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Others
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast

7 Market Breakup by Container Size

  • 7.1 Small Containers (20 feet)
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Large Containers (40 feet)
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 High Cube Containers
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Others
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Food and Beverages
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Consumer Goods
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Healthcare
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Industrial Products
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Vehicle Transport
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Others
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 A.P. Moller - Maersk
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 CARU Containers B.V.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 China Eastern Containers
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
    • 14.3.4 COSCO SHIPPING Lines Co. Ltd. (China COSCO Shipping Corporation Limited)
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 CXIC Group Containers Company Limited
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
    • 14.3.6 OEG Offshore Limited
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
    • 14.3.7 Ritveyraaj Cargo Shipping Containers
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 SEA BOX Inc.
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
    • 14.3.9 Singamas Container Holdings Limited
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
    • 14.3.10 TLS Offshore Containers International
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
    • 14.3.11 W&K Containers Inc.
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
    • 14.3.12 YMC Container Solutions (Thurston Group Limited)
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
Product Code: SR112023A4631

List of Figures

  • Figure 1: Global: Shipping Container Market: Major Drivers and Challenges
  • Figure 2: Global: Shipping Container Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Shipping Container Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Shipping Container Market: Breakup by Product (in %), 2022
  • Figure 5: Global: Shipping Container Market: Breakup by Container Size (in %), 2022
  • Figure 6: Global: Shipping Container Market: Breakup by Application (in %), 2022
  • Figure 7: Global: Shipping Container Market: Breakup by Region (in %), 2022
  • Figure 8: Global: Shipping Container (Dry Storage Containers) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 9: Global: Shipping Container (Dry Storage Containers) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 10: Global: Shipping Container (Flat Rack Containers) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 11: Global: Shipping Container (Flat Rack Containers) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 12: Global: Shipping Container (Refrigerated Containers) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 13: Global: Shipping Container (Refrigerated Containers) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 14: Global: Shipping Container (Special Purpose Containers) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 15: Global: Shipping Container (Special Purpose Containers) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 16: Global: Shipping Container (Other Products) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 17: Global: Shipping Container (Other Products) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 18: Global: Shipping Container (Small Containers-20 feet) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 19: Global: Shipping Container (Small Containers-20 feet) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 20: Global: Shipping Container (Large Containers-40 feet) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 21: Global: Shipping Container (Large Containers-40 feet) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 22: Global: Shipping Container (High Cube Containers) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 23: Global: Shipping Container (High Cube Containers) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 24: Global: Shipping Container (Other Container Sizes) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 25: Global: Shipping Container (Other Container Sizes) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 26: Global: Shipping Container (Food and Beverages) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 27: Global: Shipping Container (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 28: Global: Shipping Container (Consumer Goods) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 29: Global: Shipping Container (Consumer Goods) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 30: Global: Shipping Container (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 31: Global: Shipping Container (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 32: Global: Shipping Container (Industrial Products) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 33: Global: Shipping Container (Industrial Products) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 34: Global: Shipping Container (Vehicle Transport) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 35: Global: Shipping Container (Vehicle Transport) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 36: Global: Shipping Container (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 37: Global: Shipping Container (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 38: North America: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 39: North America: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 40: United States: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 41: United States: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 42: Canada: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 43: Canada: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 44: Asia-Pacific: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 45: Asia-Pacific: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 46: China: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 47: China: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 48: Japan: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 49: Japan: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 50: India: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 51: India: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 52: South Korea: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 53: South Korea: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 54: Australia: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 55: Australia: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 56: Indonesia: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 57: Indonesia: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 58: Others: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 59: Others: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 60: Europe: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 61: Europe: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 62: Germany: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 63: Germany: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 64: France: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 65: France: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 66: United Kingdom: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 67: United Kingdom: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 68: Italy: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 69: Italy: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 70: Spain: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 71: Spain: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 72: Russia: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 73: Russia: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 74: Others: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 75: Others: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 76: Latin America: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 77: Latin America: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 78: Brazil: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 79: Brazil: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 80: Mexico: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 81: Mexico: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 82: Others: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 83: Others: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 84: Middle East and Africa: Shipping Container Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 85: Middle East and Africa: Shipping Container Market: Breakup by Country (in %), 2022
  • Figure 86: Middle East and Africa: Shipping Container Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 87: Global: Shipping Container Industry: SWOT Analysis
  • Figure 88: Global: Shipping Container Industry: Value Chain Analysis
  • Figure 89: Global: Shipping Container Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Shipping Container Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Shipping Container Market Forecast: Breakup by Product (in Million US$), 2023-2028
  • Table 3: Global: Shipping Container Market Forecast: Breakup by Container Size (in Million US$), 2023-2028
  • Table 4: Global: Shipping Container Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 5: Global: Shipping Container Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 6: Global: Shipping Container Market: Competitive Structure
  • Table 7: Global: Shipping Container Market: Key Players
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