Shipping Container Market by Type, Size (High Cube Container, Large Container (40 Feet), Small Container (20 Feet)), Transport Mode, End Use

List of Tables

[186 Pages Report] The Shipping Container Market size was estimated at USD 14.90 billion in 2023 and expected to reach USD 15.62 billion in 2024, at a CAGR 5.43% to reach USD 21.59 billion by 2030.

Shipping containers, known as freight containers, are large, standardized metal containers designed for intermodal freight transport that can be used across various modes of transportation without unloading the cargo. Typically constructed from steel, they provide durable and secure enclosures that protect goods from the elements and theft during transit, whether by ship, rail, or truck. The shipping container market is driven by several factors, primarily the globalization of trade, which necessitates the efficient movement of goods across different locations. Increased demand for consumer goods and advancements in transportation infrastructure have also contributed to the market's growth. Furthermore, the rise in e-commerce activities has led to an increased need for containers for the transportation of a wide variety of products. Despite the strong drivers, the market faces challenges such as fluctuations in freight rates due to volatile fuel costs and the impact of international trade policies. However, there are significant opportunities in the shipping container market, with advancements in technology, such as IoT integration, offering the potential for smart containers that can be handled and monitored more effectively.

KEY MARKET STATISTICS
Base Year [2023]	USD 14.90 billion
Estimated Year [2024]	USD 15.62 billion
Forecast Year [2030]	USD 21.59 billion
CAGR (%)	5.43%

Type: Significance of refrigerated ISO containers for temperature-regulated products

Car carriers are specialized containers designed to transport vehicles by sea efficiently and securely. These carriers often have built-in ramps for easy loading and unloading and include tie-down points to stabilize the vehicles during transit. Cargo storage roll containers are wheeled units designed for the easy transportation of goods within warehouses, factories, and trucks. They often feature foldable walls that allow for flexibility in storage space and improved accessibility. Dry storage containers are among the most common types of shipping containers and are utilized for a variety of general cargo. These include flat-rack containers with collapsible sides for heavy or bulky items; half-height containers for denser goods, including stones or coal; open-side containers with doors that open completely for ease of loading broader merchandise; open-top ones for tall cargo; and tunnel containers with doors on both ends for quicker unloading and loading processes. Insulated or thermal containers are designed to maintain a stable temperature inside, regardless of external weather conditions. These containers often have a layer of insulated material lining the walls, roof, and floor and are typically used to transport perishable goods such as food and pharmaceuticals over long distances without spoilage. Intermediate bulk shift containers, or IBCs, are containers used for the efficient transport and storage of fluids and bulk materials. These are often made from materials like heavy-duty plastic, steel, or a combination of both and are mounted on pallets for easy handling. They are commonly used in industries such as chemicals, oils, and foodstuffs, offering a reliable and reusable packing solution. Refrigerated ISO containers, also known as reefers, are temperature-regulated shipping containers that maintain a cold chain for the shipment of perishable goods. Equipped with a refrigeration unit, they can control the internal temperature to keep products like fruits, meats, fish, and dairy fresh throughout transportation over long distances. Special purpose containers are custom-made for specific cargoes or transportation conditions. These can include features such as extra security systems for high-value items, special rack systems for glass or heavy machinery, and container modifications to support the particular needs of unique cargo types or projects. Tanks and drums are cylindrical containers specifically designed for the transportation and storage of liquids, gases, and powders. Tanks are often made of strong steel or other durable materials to withstand pressure, potentially hazardous conditions, and the demands of intermodal freight transport. Drums, either steel or plastic, are also used for shipping smaller quantities of similar materials.

End Use: Growing demand for shipping containers heavy industrial products

Shipping containers are crucial for the global distribution of consumer goods, encompassing electronics, apparel, and other manufactured products. With their standard sizes and sturdy construction, containers protect and transport these goods efficiently from manufacturers to markets worldwide, ensuring that retail shelves are continually stocked and consumer demands are met. Valued for their ability to maintain the integrity of perishable goods, shipping containers equipped with refrigeration units, known as reefer containers, are essential for the food and beverage industry. They provide a controlled environment for the safe transportation of fresh produce, meats, seafood, dairy, and beverages, safeguarding the quality and extending the shelf life of these products as they travel across continents. The healthcare sector relies on shipping containers for the secure and sterile transport of medical equipment, pharmaceuticals, and supplies. Specialized containers with temperature control and clean room capabilities ensure that sensitive products such as vaccines, insulin, and biologics are delivered in optimal conditions, thus playing a vital role in global health logistics. Shipping containers are indispensable for transporting a wide range of industrial products, including machinery, construction materials, chemicals, and heavy equipment. Their robust design allows for the safe loading, transit, and unloading of heavy and oversized items, facilitating the movement of goods that are fundamental to industrial and infrastructural development. The automotive industry utilizes shipping containers for the transport of vehicles, including cars, motorcycles, and even specialty vehicles. Containers provide protection against external elements and secure anchoring systems, thereby preventing damage during transit. This mode of transportation is a cost-effective and reliable means for manufacturers to deliver vehicles to international dealerships and customers.

Regional Insights

The shipping container market in the Americas has been experiencing a period of growth driven by increasing trade activities, particularly in North America. In the United States, the rising eCommerce sales necessitate robust logistics and transport infrastructure, driving the adoption of shipping containers. Investments in port modernization and the expansion of the Panama Canal have also contributed to market growth. The European, Middle Eastern, and African (EMEA) regions' shipping container market is diverse and influenced by a variety of factors. European countries, with well-established trade links, have seen steady demand, whereas the Middle East shows potential for growth, particularly due to investments in infrastructure and an emphasis on diversifying economies away from oil. Africa's market is emerging, with significant potential for growth owing to infrastructural developments and increasing intra-regional trade. Asia-Pacific (APAC) is the fastest-growing market for shipping containers globally, owing to the rapid industrialization of emerging economies, growth in international trade, and sizable investments in logistics infrastructure. Additionally, initiatives such as China's Belt and Road project could further enhance trade routes and demand for containers. The region also shows an increasing trend towards 'smart containers' that embed technology for tracking and monitoring, reflecting a push towards efficiency and security in supply chains.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Shipping Container Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Shipping Container Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Shipping Container Market, highlighting leading vendors and their innovative profiles. These include Ab Sea Container Private Limited, APPL Containers Pvt. Ltd., China Eastern Containers, China International Marine Containers (Group) Ltd., CXIC Group Containers Company Limited, DCM Hyundai Limited, Dong Fang International Container Co. Ltd., IWES Ltd., J K Technologies Private Limited, Kalyani Cast Tech Pvt. Ltd., KEN Containers, OEG Offshore Limited, Ritveyraaj Cargo Shipping Containers, Sea Box Inc., Silversea Container, Singamas Container Holdings Limited, Thurston Group, TLS Offshore Containers International Pvt Ltd, Valisons & Co., and W&K Containers Inc..

Market Segmentation & Coverage

This research report categorizes the Shipping Container Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Car Carriers
- Cargo Storage Roll Container
- Dry Storage Container
  - Flat-Rack
  - Half Height
  - Open-Side
  - Open-Top
  - Tunnel

Insulated or Thermal Containers
Intermediate Bulk Shift Containers
Refrigerated ISO Containers
Special Purpose Containers
Tanks & Drums

Size
- High Cube Container
- Large Container (40 Feet)
- Small Container (20 Feet)

Transport Mode
- Air
- Ocean
- Rail
- Road

End Use
- Consumer Goods
- Food & Beverages
- Healthcare
- Industrial Products
- Vehicle Transport

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Shipping Container Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Shipping Container Market?

3. What are the technology trends and regulatory frameworks in the Shipping Container Market?

4. What is the market share of the leading vendors in the Shipping Container Market?

5. Which modes and strategic moves are suitable for entering the Shipping Container Market?

Product Code: MRR-43586BB08BF5

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growth in National and International Trade & Transport Activities
  - 5.1.1.2. Increased Production Rate and Demand for Shipping Container in Specialized Applications
  - 5.1.1.3. Increasing Requirements for Improved Cold Chain and Surge in Container Leasing Services
- 5.1.2. Restraints
  - 5.1.2.1. Potential Impact on the Environment Associated with the Shipping Containers
- 5.1.3. Opportunities
  - 5.1.3.1. Booming E-Commerce Industry and Preferences for Superior Shipping Containers
  - 5.1.3.2. Rising Trend of Remote Container Management (RCM) Solutions and Smart Shipping Containers
- 5.1.4. Challenges
  - 5.1.4.1. High Costs Associated with Shipping Containers
5.2. Market Segmentation Analysis
- 5.2.1. Type: Significance of refrigerated ISO containers for temperature-regulated products
- 5.2.2. End Use: Growing demand for shipping containers heavy industrial products
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework Analysis
5.8. Client Customization

6. Shipping Container Market, by Type

6.1. Introduction
6.2. Car Carriers
6.3. Cargo Storage Roll Container
6.4. Dry Storage Container
6.5. Insulated or Thermal Containers
6.6. Intermediate Bulk Shift Containers
6.7. Refrigerated ISO Containers
6.8. Special Purpose Containers
6.9. Tanks & Drums

7. Shipping Container Market, by Size

7.1. Introduction
7.2. High Cube Container
7.3. Large Container (40 Feet)
7.4. Small Container (20 Feet)

8. Shipping Container Market, by Transport Mode

8.1. Introduction
8.2. Air
8.3. Ocean
8.4. Rail
8.5. Road

9. Shipping Container Market, by End Use

9.1. Introduction
9.2. Consumer Goods
9.3. Food & Beverages
9.4. Healthcare
9.5. Industrial Products
9.6. Vehicle Transport

10. Americas Shipping Container Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Shipping Container Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Shipping Container Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Harim Group Succeeds in Strategic Acquisition of Hyundai Merchant Marine Stake
- 13.3.2. Textainer's Strategic Acquisition by Stonepeak: A New Horizon in Shipping Container Industry
- 13.3.3. Samudera Shipping Line Bolsters Fleet with Strategic Acquisition of Two Container Vessels

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio