Shipping Containers Market is Projected to be Valued at close to US$ 13.7 Bn by the end of 2031
Global shipping container sales are set to increase in valuation from around US$ 7.9 Bn currently to US$ 13.7 Bn by the end of 2031, which would equate to 2.1 Mn units, according to latest market insights by Persistence Market Research. Growing need to transport products via waterways, which is both, economically feasible and secure, is majorly driving demand for shipping containers market.
Request for Free Sample Report of “Shipping Containers” Market @ https://www.persistencemarketresearch.com/samples/3798
Dry containers account for over 70% of the total market share, and have been the mainstay of the shipping industry over the years, especially dry insulated containers. Steel is the most widely used material for the manufacturing of shipping containers, representing 40% market share, and most manufacturers prefer its use as it makes the containers weldable and rust-resistant, and also provides higher corrosion resistance and tensile strength.
The report has profiled some of the Important players prevalent in the global like – Hapag Lloyd AG, Evergreen Marine Corp. and others, Cleveland Containers, BSL Containers Ltd., Sicom SpA, China International Marine Containers Co., Ltd., and Maersk Container Industry and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Shipping Containers.
Key Takeaways from Market Study
Key manufacturers are inclined toward 40 feet high cube containers as compared to 40 feet conventional containers as they provide around 12% more carrying capacity.
Inclusion of specially constructed features to speed up loading & unloading while keeping containers secure will drive the global market.
Demand is high for uniquely configured specialized shipping containers to protect and support content while being handled, shipped, stored, and unpacked by users.
Market players are developing new materials such as hybrid and fiber-reinforced polymer (FRP) to reduce the weight of containers, which helps in cutting expenses on labor and installation.
Steel shipping containers account for 40% market share.
Dry shipping containers account for over 70% of the global market share.
The global shipping containers market witnessed a slump in 2020 due to the COVID-19 pandemic, with a recorded growth of -4.4%.
“Significant surge in demand from pharmaceutical industry for shipping containers is expected to offer lucrative opportunities for market players. Prices of shipping containers are on the rise due to strong demand where the supply rate is being outpaced,” says a Persistence Market Research analyst.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Shipping Containers Market Manufacturers
Shipping Containers Market Distributors/Traders/Wholesalers
Shipping Containers Market Subcomponent Manufacturers
If you have any special requirements, please let us know and we will offer you the report as you want.
View Report Table of Contents, Figures, and Tables@ https://www.persistencemarketresearch.com/market-research/container-shipping-market/toc
Major Highlights of the Shipping Containers Market Report:
The Shipping Containers Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
The report dives deeper into the market and explains the dynamic factors bolstering market growth.
The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
The report analyzes the Shipping Containers Market presence across major regions of the world.
It determines the production & consumption capacities and demand & supply dynamics of each regional market.
The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
Click Here to Buy/Pre-book this Report@ https://www.persistencemarketresearch.com/checkout/3798
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1 800-961-0353
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Shipping Containers Market is Projected to be Valued at close to US$ 13.7 Bn by the end of 2031 here
News-ID: 2527707 • Views: 378
More Releases from Persistence Market Research
Plantbased Protein Market to Witness Rise in Revenues During the Period 2019 - 2 …
Persistence Market Research has published a report on the plant-based protein market, which includes the global industry analysis for 2014-2018 and opportunity assessment for 2019-2029, and projects that the global plant-based protein market is expected to reach ~ US$ 9.6 Bn by the end of 2019 in terms of value, and is forecasted to reach ~ US$ 17.3 Bn by the end of 2029. According to the report, proteins are
The Chained Consumer Foodservice Market To Grasp Through The Fine Courses Of Nov …
The latest study by Persistence Market Research opines that the global chained consumer foodservice market is more popular than ever with paradigm changes in the way guests are eating and receiving their food. The chained consumer foodservice service market is expected to grow by around 4% over the forecast years, producing over US$ 280 Bn of incremental value from 2019 to 2027. This is partly driven by technology and mobile
New Product Launches To Put The Natural Organic Personal Care Product Market In …
The global natural and organic personal care products market was valued at ~US$ 10 Bn in 2014, which is estimated to reach ~US$ 14 Bn by the end of 2019. The natural and organic personal care products market is projected to expand at a robust CAGR during the next decade. Persistence Market Research (PMR) recently released a new market research on the natural and organic personal care products market covering
The Digestive Remedies Market To Ride On The Curve Of Innovation
According to a recently published PMR report, global digestive remedies market in 2018 exceeded US$ 15 Bn and is expected to grow at a moderate CAGR during the forecast period. Digestive remedies such as probiotics are used for therapy of gastrointestinal (GI) illnesses. The most prevalent digestive disorders include indigestion, heartburn, diarrhea, irritable bowel syndrome (IBS), movement disease, pediatric digestive illnesses, and constipation. To remain ‘ahead’ of your competitors, request
More Releases for Container
Laboratory Glass Container market
The global Laboratory Glass Container market is likely to experience dynamic growth in the forthcoming years as a result of rapid innovations and technological advancements, along with speedy globalization. The Laboratory Glass Container market size is forecasted to reach the Highest Revenue by 2026. According to a report published by Fortune Business Insights, titled “Laboratory Glass Container market size, share & industry analysis, By Type (Dish, Bottle, Flask, Pipette, Burette,
Marine Container Market Surprising Growth| CIMC, SINGAMAS, Maersk Container Indu …
HTF MI presents an in-depth overview of the Global Marine Container Market Study, detailing the latest product / industry coverage and market forecasts and status by 2023. Market research is categorized as a key area to accelerate marketization. The current market is evolving its presence and some of the major players in the entire study are CIMC, SINGAMAS, Maersk Container Industry, Hoover Container Solutions, Sea Box, Charleston Marine Containers &
Shipping Containers Market by Size of Container (Small Container (20 feet), Larg …
Asia-Pacific and Europe are the potential markets for the growth of shipping container industry. Moreover, rise in seaborne trade and improvement in transportation services further supplements the market growth. However, slower economic growth in European countries and loss of containers in ocean during sea storms hinders the market growth. Investment in high cube container segment can be beneficial for the growth of the market of key players. According to a new
Global Marine Container Market 2019 - CIMC, SINGAMAS, Maersk Container Industry, …
The new market research study on Global Marine Container Market in-depth market analysis with specific segments such as application, regional markets, end-users, policy analysis, value chain structure, and emerging trends. The Marine Container market report makes a case for investments in particular regions based on a realistic view of their regulatory environment, manufacturing dynamics and availability of skills and resources.The report’s analysis is based on technical data and industry figures
Shipping Container Market is Booming (9% CAGR)| CXIC, Dong Fang International Co …
HTF MI published a new industry research that focuses on Shipping Container market and delivers in-depth market analysis and future prospects of Global Shipping Container market. The study covers significant data which makes the research document a handy resource for managers, analysts, industry experts and other key people get ready-to-access and self-analyzed study along with graphs and tables to help understand market trends, drivers and market challenges. The study is
Emerging Trends: Insulated Shipping Container Market By Key Players: W&K Contain …
Qyresearchreports include new market research report Insulated Shipping Container to its huge collection of research reports. This report studies the global Insulated Shipping Container market status and forecast, categorizes the global Insulated Shipping Container market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East