Container Fleet Global Market Report 2024

Description

“Container Fleet Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on container fleet market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
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Where is the largest and fastest growing market for container fleet? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The container fleet market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Dry Container; Reefer Container; Tank Container; Special Container; Other Types
2) By Application: Consume Goods Transport; Industrial Transport; Food Transport
3) By End-User: Automotive; Mining And Minerals; Oil Gas And Chemicals; Food And Agriculture; Retails
Companies Mentioned: Mitsui O.S.K. Lines Ltd.; Evergreen Marine Corporation S.A.; Mediterranean Shipping Company S.A.; HYUNDAI Merchant Marine Co. Ltd.; China Ocean Shipping (Group) Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

A container fleet, in the context of cargo logistics, is a fleet that utilizes containerization for the transportation of its cargo, employing larger-sized intermodal containers. Containerization involves the use of standardized containers to store and transport various items, akin to boxes or bottles.

The primary types of container fleets include dry containers, reefer containers, tank containers, special containers, and others. Dry containers are conventional shipping or cargo containers designed to transport dry, non-temperature-sensitive shipments. These containers find various applications in the transport of consumer goods, industrial materials, and food. They serve industries such as automotive, mining and minerals, oil and gas, chemicals, as well as food and agriculture, and are integral to the retail sector.

The container fleet market research report is one of a series of new reports from The Business Research Company that provides container fleet market statistics, including container fleet industry global market size, regional shares, competitors with container fleet market share, detailed container fleet market segments, market trends, and opportunities, and any further data you may need to thrive in the container fleet industry. This container fleet market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The container fleet market size has grown strongly in recent years. It will grow from $12.91 billion in 2023 to $13.86 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The expansion observed during the historic period can be attributed to several factors, including economic growth in emerging markets, the introduction of larger vessels and mega container ships, infrastructure development at ports, the globalization of supply chains, and the prevailing trends in containerization. These elements collectively contributed to the growth and evolution of container fleets during that timeframe.

The container fleet market size is expected to see strong growth in the next few years. It will grow to $18.24 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The anticipated growth in the forecast period can be attributed to various factors, including the continued expansion of e-commerce, a focus on supply chain resilience and optimization, shifts in manufacturing centers, an increasing emphasis on environmental sustainability, and challenges related to capacity and container shortages. Major trends expected during this period encompass the rise of intermodal transportation, increased technological integration for container tracking, a heightened focus on environmental sustainability, a growing demand for reefer containers, the adoption of automation and smart container technologies, as well as the digitalization of documentation processes. These factors are poised to shape and influence the trajectory of container fleets in the upcoming forecast period.

The escalating demand for cargo transportation via ships is poised to drive the expansion of the container fleet market in the foreseeable future. Cargo transportation, synonymous with freight transportation, involves conveying products or commodities from one location to another, often swiftly transporting substantial amounts of goods to their destinations. Consequently, the burgeoning cargo transportation industry is anticipated to surge, fostering an increased need for container fleets. For instance, in November 2022, as per the U.S. Department of Transportation's Bureau of Transportation Statistics (BTS), long-term projections indicate a fifty percent surge in U.S. freight activity to 28.7 billion tons, doubling in value. Therefore, the mounting reliance on ship-based cargo transportation is a primary catalyst for the burgeoning demand within the container fleet market.

Rapid industrial growth is expected to serve as a propellant for the expansion of the container fleet market in the near future. The industrial sector encompasses distinct categories or groups of businesses involved in similar economic activities or providing related goods and services. These industries extensively employ container fleets to optimize and streamline goods transportation, enhancing efficiency, scalability, and cost-effectiveness by standardizing cargo units for seamless global shipping and logistics. For instance, in August 2023, according to Eurostat, the statistical office of the European Union (EU), industrial production within the euro area and the EU increased by 0.5% and 0.4%, respectively, in June 2023 compared to May 2023. Therefore, the swift pace of industrial expansion is expected to propel growth within the container fleet market.

Technological innovation emerges as a prominent trend shaping the container fleet market. Companies operating in this sector are actively embracing new technologies to fortify their market standing. For example, in November 2022, the American Bureau of Shipping (ABS) Group, a U.S.-based project management service company, launched ABS Wavesight, a new maritime software aimed at assisting shipowners and operators in streamlining compliance while sustaining competitive, efficient, and sustainable operations. Combining the industry-leading platforms Nautical Systems and My Digital Fleet, both installed on over 5,000 vessels globally, ABS Wavesight features flagship products such as My Digital Fleet-an AI-driven analytics and performance visualization platform-and Nautical Systems-a comprehensive fleet management system offering tools to enhance reliability and performance.

Leading companies within the container fleet market are directing their focus toward product innovations, notably the introduction of container fleets powered by bio-methanol, as a pivotal aspect of their strategic initiatives towards investing in green methanol. Container fleets running on bio-methanol play a significant role in fostering a sustainable and environmentally conscious shipping industry by curbing carbon emissions and reducing dependence on conventional fossil fuels. For instance, in November 2022, Maersk, a Denmark-based shipping and logistics firm, unveiled the world's premier container ship powered by bio-methanol, christened as the 'Laura.' This groundbreaking development signifies a substantial stride in the company's endeavors to diminish its carbon footprint. The vessel is outfitted with a dual-fuel engine and has the capacity to transport 2,136 containers measuring 20 feet each.

In March 2022, Hapag-Lloyd, a Germany-based shipping corporation, executed the acquisition of Deutsche Afrika-container Linien (DAL) for an undisclosed sum. This strategic acquisition of Deutsche Afrika-container Linien (DAL) is expected to significantly bolster Hapag-Lloyd's expansion initiatives in Africa. Deutsche Afrika-container Linien (DAL) operates as a container fleet service provider based in Germany. This acquisition stands to enhance Hapag-Lloyd's operational capacities and market presence in the African shipping landscape.

Major companies operating in the container fleet market report are Mitsui O.S.K. Lines Ltd., Evergreen Marine Corporation S.A., Mediterranean Shipping Company S.A., HYUNDAI Merchant Marine Co. Ltd., China Ocean Shipping (Group) Company, Maersk Line Limited A/S, CMA CGM S.A., Kawasaki Kisen Kaisha Ltd., Westfal-Larsen Shipping A/S, Hapag-Lloyd Aktiengesellschaft, A.P. Moller - Maersk A/S, China COSCO Shipping Corporation Limited, Nippon Yusen Kabushiki Kaisha (NYK Line), China International Marine Containers (Group) Co. Ltd., China Shipping Container Lines Co. Ltd., Yang Ming Marine Transport Corporation, ZIM Integrated Shipping Services Ltd., Hamburg Sudamerikanische Dampfschiffahrts-Gesellschaft KG, Orient Overseas Container Line Limited, Wan Hai Lines Co. Ltd., Pacific International Lines Pte. Ltd., Sinotrans Limited, SITC International Holdings Co. Ltd., Islamic Republic of Iran Shipping Lines, Arkas Container Transport S.A., NileDutch B.V., Seaco Global Limited, Textainer Group Holdings Limited, Matson Navigation Company Inc., Seaspan Corporation .

Asia-Pacific was the largest region in the container fleet market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the container fleet market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the container fleet market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The container fleet market includes revenue earned by entities by providing integrated fleet sizzling, leasing, distribution, and repositioning. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r10862

1. Executive Summary

2. Container Fleet Market Characteristics

3. Container Fleet Market Trends And Strategies

4. Container Fleet Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Container Fleet Market Size and Growth

5.1. Global Container Fleet Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Container Fleet Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Container Fleet Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Container Fleet Market Segmentation

6.1. Global Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Dry Container
Reefer Container
Tank Container
Special Container
Other Types
6.2. Global Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Consume Goods Transport
Industrial Transport
Food Transport
6.3. Global Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Automotive
Mining And Minerals
Oil Gas And Chemicals
Food And Agriculture
Retails

7. Container Fleet Market Regional And Country Analysis

7.1. Global Container Fleet Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Container Fleet Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Container Fleet Market

8.1. Asia-Pacific Container Fleet Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Container Fleet Market

9.1. China Container Fleet Market Overview
9.2. China Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Container Fleet Market

10.1. India Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Container Fleet Market

11.1. Japan Container Fleet Market Overview
11.2. Japan Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Container Fleet Market

12.1. Australia Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Container Fleet Market

13.1. Indonesia Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Container Fleet Market

14.1. South Korea Container Fleet Market Overview
14.2. South Korea Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Container Fleet Market

15.1. Western Europe Container Fleet Market Overview
15.2. Western Europe Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Container Fleet Market

16.1. UK Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Container Fleet Market

17.1. Germany Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Container Fleet Market

18.1. France Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Container Fleet Market

19.1. Italy Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Container Fleet Market

20.1. Spain Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Container Fleet Market

21.1. Eastern Europe Container Fleet Market Overview
21.2. Eastern Europe Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Container Fleet Market

22.1. Russia Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Container Fleet Market

23.1. North America Container Fleet Market Overview
23.2. North America Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Container Fleet Market

24.1. USA Container Fleet Market Overview
24.2. USA Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Container Fleet Market

25.1. Canada Container Fleet Market Overview
25.2. Canada Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Container Fleet Market

26.1. South America Container Fleet Market Overview
26.2. South America Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Container Fleet Market

27.1. Brazil Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Container Fleet Market

28.1. Middle East Container Fleet Market Overview
28.2. Middle East Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Container Fleet Market

29.1. Africa Container Fleet Market Overview
29.2. Africa Container Fleet Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Container Fleet Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Container Fleet Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Container Fleet Market Competitive Landscape And Company Profiles

30.1. Container Fleet Market Competitive Landscape
30.2. Container Fleet Market Company Profiles
- 30.2.1. Mitsui O.S.K. Lines Ltd.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Evergreen Marine Corporation S.A.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Mediterranean Shipping Company S.A.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. HYUNDAI Merchant Marine Co. Ltd.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. China Ocean Shipping (Group) Company
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Container Fleet Market Competitive Benchmarking

32. Global Container Fleet Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Container Fleet Market

34. Container Fleet Market Future Outlook and Potential Analysis

34.1 Container Fleet Market In 2028 - Countries Offering Most New Opportunities
34.2 Container Fleet Market In 2028 - Segments Offering Most New Opportunities
34.3 Container Fleet Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer