Press release
North America Shipping Containers Market Outlook 2023-2033: A Regional Analysis BY CAGR: 5.0%
Shipping Containers Market
Shipping Containers Market - Report Scope
Shipping containers are standardized steel boxes used for intermodal transportation of goods by sea, land, or air. They are made in standard sizes and can be easily loaded onto various types of transport vehicles, including trucks, trains, and ships. Shipping containers have revolutionized the transportation and storage of goods, making it easier, faster, and more efficient. This report analyzes the global shipping containers market and its growth prospects.
The increasing demand for intermodal transportation of goods, rising trade activities, and the growth of e-commerce are driving the growth of the shipping containers market. The COVID-19 pandemic has also accelerated the demand for shipping containers as it disrupted global supply chains, leading to a shortage of containers in many regions.
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This research is relevant to stakeholders in the market as well as manufacturers, distributors, suppliers and investors as it can help understand applicable strategies to grow in the market. Stakeholders, investors, industry experts, researchers and journalists as well as business researchers in the shipping container market can benefit from the information and statistics presented in this research report.
The report contains facts and figures pertaining to macroeconomic and microeconomic factors that influence market growth. The survey also provides actionable information based on future market trends for shipping containers. Additionally, regional players and market new entrants can use the information presented in this report to make business decisions and build momentum in this area.
Drivers, Restraints and Challenges:
Drivers:
• The growth of international trade and e-commerce, which require efficient and secure transportation of goods across borders and continents.
• The increasing popularity of modular and eco-friendly buildings, which often use repurposed shipping containers as the main structural elements.
• The rising demand for specialized and customized containers that can store or transport delicate, hazardous, or oversized items.
• The expansion of container leasing and rental services, which enable companies to reduce upfront investment and operational costs while maintaining flexibility and scalability.
Restraints:
• The fluctuations of fuel prices, exchange rates, and geopolitical risks, which can affect the profitability and stability of container shipping companies and their customers.
• The competition from other modes of transportation, such as air, rail, and trucking, which offer faster delivery and more direct routes for certain types of cargo.
• The regulatory challenges of complying with different standards and regulations across different countries and regions, particularly in terms of safety, security, and environmental sustainability.
Challenges:
• The uncertainty and disruptions caused by the COVID-19 pandemic, which has affected the demand, supply, and operations of the entire global shipping industry, including the availability and prices of containers.
• The potential risks and consequences of trade tensions, protectionism, and political instability in different parts of the world, which may disrupt the flow of goods and increase trade barriers and costs.
• The emerging technologies and business models that could disrupt or transform the container shipping industry, such as autonomous vessels, blockchain, and digital marketplaces.
Key market segments
Persistence Market Research's study of the shipping container market is divided into four major segments: type, material, end user, and geography. This report provides comprehensive data and information on important market dynamics and growth parameters related to these classes.
Type
Dry container
• 20′ (20′)
• 40′ (40′)
• 40′ High Cube
• Other
Refrigerated containers
• 20′ (20′)
• 40′ (40′)
• 40′ High Cube
• Other
• Tanker container
• Marine container
Ingredient
• Steel
• Aluminum
• FRP
• Hybrid
End-user
• Bulk Raw Materials
• Automotive
• Capital Equipment
• Pharmaceutical
• Chemicals
• Perishables and Refrigerated Items
• Others
Region
• North America
• Latin America
• Europe
• East
• Asia South Asia Pacific
• Middle East & Africa
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Key questions answered in the report
• Which region is expected to hold a prominent market share during the forecast period?
• What are the key driving factors fueling the demand for shipping containers during the forecast period?
• How will current trends affect the market?
• Who are the significant players in the shipping container market?
• What are the important strategies of prominent players to expand their position in this environment?
Research methodology
Persistence Market Research's report conducts a comprehensive study on the development of the shipping container market and utilizes a proprietary research methodology to reach conclusions on the future growth factors of the market. In this research methodology, analysts use secondary and primary research to ensure the accuracy and reliability of the results.
Secondary resources are consulted by analysts during market assessments consisting of International Trade Commissions, company websites, online shipping container sales and leasing websites, regional and regional government websites, white papers, trade journals, and external facts and figures. and an internal database.
To provide insightful information, the analysts closely interviewed several industry experts, such as sales supervisors, sales operations managers, product portfolio managers, senior managers, market intelligence managers, marketing/product managers, engineering managers, and production managers.
Comprehensive information from primary and secondary sources is validated by companies operating in the shipping container market, making Persistence Market Research's forecasts about the market's growth prospects more accurate and reliable.
Key Companies:
• China International Marine Containers Co., Ltd.
• Singamas Container Holdings Limited
• CXIC Group Containers Company Limited
• Maersk Container Industry
• Sea Box, Inc.
• W&K Container
• YMC Container Solutions
• TLS Offshore Containers International
• OEG OFFSHORE LIMITED
• CARU Containers B.V.
• IWES LTD.
• Others.
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Expert analysis, actionable insights, and strategic recommendations - the industrial automation team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on IT & Telecommunications of which 100+ reports specific for IT & Telecommunications. The team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the IT & Telecommunications industry.
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