Press release
Shipping Container Market Expected to Attain USD 12.5 Billion Value by End of 2023
Shipping Container Market
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China International Marine Containers (Group) Ltd ., China Shipping Container Lines Co., Ltd., A.P. Moller - Maersk Group are some of the key players in the Shipping Container market with A.P. Moller - Maersk Group holding the substantial market share because of its better global presence both at production and at an operational level. Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.
Drivers:
• Increasing trade through sea
• Increasing number of global manufacturing facilities
Restraints:
• The slow economic growth of developing countries
Opportunities:
• A new bunkering approach can yield savings
Challenges:
• The supply/demand imbalance
Between Dry Containers, Tank Containers, Refrigerated Containers, Dry Containers segment because of the growing popularity and availability is expected to hold the highest market share during the forecast period.
On the other hand Tank Containers for this market is expected to grow at the highest CAGR of XXX during the year 2017-2022.
Key Benefits for Stakeholders
• Shipping Container Manufacturers, Distributors and Retailers
• Research and Consulting organization
• Technology Standards Organizations, Forums, Alliances and Associations
• End-use industries
• Regulatory bodies, policy actors, and consumers.
By Type
• Dry Containers
• Tank Containers
• Refrigerated Containers
• Others
By Size of Container
• Small Containers
• Large Containers
By Region
• North America
• Europe
• Asia-Pacific
• LAMEA
Key Market Players
• Sigma’s Container Holdings Limited (Hong Kong)
• A.P. Moller - Maersk Group (Denmark)
• China International Marine Containers (Group) Ltd. (China)
• Dong Fang International Asset Management Ltd. (Hong Kong)
• Jindo Co., Ltd. (South Korea)
• W&K Containers, Inc. (US)
• China Shipping Container Lines Co., Ltd. (China)
Read Report Overview with Full TOC @ https://genesismarketinsights.com/viewreport/66/23/Shipping-Container-Market
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