Press release
Shipping Containers Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2025
Shipping Containers Market
Shipping containers also referred to as 'freight containers or cargo containers', are rectangular steel containers used for intermodal transportation of goods across the globe. The use of shipping containers for transportation of goods has emerged as an effective alternative to conventional methods involving loading of cargo directly onto ships. As such, adoption of shipping containers for intermodal transportation of goods and perishables has resulted in improved efficiency and greater ease in handling cargo.
To remain 'ahead' of your competitors, request for a samples@ https://www.persistencemarketresearch.com/samples/6748
Growth of seaborne trade is expected to emerge as a major factor driving the growth of the global shipping containers market during the forecast period. Besides, growing containerization, i.e. adoption of containers for transportation as against traditional methods of loading goods directly onto ships, is another factor expected to fuel the growth of the global shipping containers market during the forecast period. Moreover, the decline in global oil prices is resulting in cost savings, which shipping companies can invest in the purchase of shipping containers. Also, variation in prices of steel in turn is affecting the average selling price of these containers. However, slower economic growth in countries such as China and certain European countries is likely to impede the growth of the global shipping containers market during the forecast period. Revenue from the global shipping containers market is expected to increase from US$ 8.29 Bn in 2015 to US$ 11.47 Bn by 2021, expanding at a CAGR of 5.6% during the forecast period.
In terms of market value, Europe is expected to dominate the global shipping containers market during the forecast period. Asia Pacific is expected to be the second largest market for shipping containers and account for a revenue share of around 35% of the estimated global shipping containers market value for 2015. It is slated to expand at a CAGR of around 5.4% between 2015 and 2021.
For critical insights on this market, request for customization here @ https://www.persistencemarketresearch.com/request-customization/6748
On the basis of product types, the dry containers segment is slated to dominate the global shipping containers market throughout the forecast period. However, due to increasing adoption of reefer containers for transportation of perishables, this segment is expected to be the fastest-growing segment in terms of product type in the global shipping containers market during the forecast period. In terms of market value, the reefer containers segment is expected to expand at a CAGR of 6.3% between 2015 and 2021.
Browse the full Shipping Containers Market; Reefers Segment to Exhibit Firm Growth: Global Industry Analysis and Forecast 2015 - 2021 report at http://www.persistencemarketresearch.com/market-research/shipping-containers-market.asp
China International Marine Containers Co., Ltd. (CIMC), Singamas Container Holdings Ltd., and CXIC Group Containers Company Limited are leading players in the global shipping containers market. Other players include Maersk Container Industry AS and Dong Fang International Container (Hong Kong) Co., Ltd.
The global shipping containers market is segmented as follows:
By Product Type:
Dry Containers
20' (20 ft.)
40' (40 ft.)
40' HC (40 ft. High Cube)
Others
Reefer Containers
20' (20 ft.)
40' (40 ft.)
40' HC (40 ft. High Cube)
Others
Tank Containers
Others
By Region
North America
Europe
APAC
The Middle East & Africa
Latin America
Buy Full Report Now and Get Up to 20% Discount @ https://www.persistencemarketresearch.com/checkout/6748
Persistence market research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About us: -
Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Growth Factors, Opportunities, Ongoing Trends and Key Players 2025 here
News-ID: 2843883 • Views: …
More Releases from Persistence Market Research
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for Container
Food Container
The Food Container market value was US$ $$ million in 2020. The Food Container market value is forecast to reach US$ $$ million by 2031, growing at a compound annual growth rate (CAGR) % during the forecast period from 2023-2031.
Request To Download Sample of This Strategic Report @https://reportocean.com/industry-verticals/sample-request?report_id=AR37613
As the global economy recovers in 2021 and the supply of the industrial chain improves, the Food Container market will undergo major changes.…
Container Fleet Market: Information by Type (Reefer Container, Tank Container, D …
Container fleets are bulky shipping containers that are capable of withstanding the transportation of various goods ranging from dry goods to hazardous liquids. Before the emergence of container fleets, the cost associated with ocean freight and port handling in tandem with the uncertainties involved resulted in less economic outcomes. However, modern specialized container vessels offer several cost reduction benefits in the transportation of goods, thus acting as the primary source…
Aircraft Container & Pallet Loader Market size and Key Trends in terms of volume …
Aircraft Container & Pallet Loader Market: Introduction
Aircraft container & pallet loader is a unit load device used across airports to transport containers & pallet loads. Aircraft container & pallet loader eases the transport of cargo by allowing different types of goods, which are to be packed and kept into a single unit container. The aircraft container & pallet loader helps the cargo handlers across the entire cargo chain, from…
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…
