Press release
Global Container Market Set to Surge as Trade and E-Commerce Drive Growth Through 2032
Container Market
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Key Market Players
CIMC,
CEC,
W&K Container Inc,
DCM Hyundai,
Singamas,
CXIC,
Daikin Industries,
TLS Offshore Containers International,
Maersk Container Industry,
YMC Container Solutions
Top impacting factors: market scenario analysis, trends, drivers and impact analysis
Rise in trade activities and development of supply chain and logistics sector is primarily driving the container market. Additionally, increasing trend for containerization of goods for enhanced security is propelling the demand for container market. Besides, advancements in containers according to the demanding application from various sector is proliferating the container market growth. Moreover, rising need of container to transport vehicles is fueling the container market. However, fluctuation in transportation cost and introduction of more efficient packaging solutions at cheaper costs is restraining the container market. Furthermore, expansion of production facilities is bolstering the container market growth.
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The container market trends are as follows:
Innovation to drive the market growth
The rising demand for container manufacturing industry is increasing with expansion of trade activities. As a result, the need for innovation is a necessity to fulfil the demand from various sectors. Additionally, introduction in IoT and outline of industry 4.0 has brought revolutionary changes in container segment. The manufacturers are thereby developing various platforms for fulfilling these demands. For instance, in 2017, Arviem launched real-time container monitoring and tracking services. Accordingly, improvement in security is essential in container. To fulfil the security needs, Princeton Identity created a multi-biometric access control system for container in 2018.
Rising demand for refrigerated containers
A refrigerated container is an enclosed unit engineered to transport goods at specific temperatures. The container needs external power for operation. They look almost identical to regular containers but function as large refrigerators that can control the temperature of their goods. The development of global supply chain and growth of cold chain logistics is primarily driving the market of refrigerated containers. In 2020, Maersk delivered 1,800 empty refrigerated 40-foot containers to South Africa to support the nation's agricultural sector.
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By Container size
Small Containers
Large Containers
High Cube Containers
By Product Type
Dry Storage Containers
Flat Rack Containers
Refrigerated Containers
Special Purpose Containers
Others
By End use
Food & Beverages
Consumer Goods
Healthcare
Industrial Products
Vehicle Transport
Others
By Region
North America (US, Canada)
Europe (Germany, UK, France, rest of Europe)
Asia-Pacific (China, Japan, India, rest of Asia-Pacific)
Latin America (Brazil, Mexico, rest of LATAM)
The Middle East
Africa
Key benefits of the report:
This study presents the analytical depiction of the container industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
The current market is quantitatively analyzed to highlight the growth scenario.
Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed container market analysis based on competitive intensity and how the competition will take shape in coming years.
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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