openPR Logo
Press release

Shipping Containers Market will Account for Around US$ 11.47 Bn by 2021

Shipping Containers Market will Account for Around US$ 11.47 Bn

According to a new market report published by Persistence Market Research, titled “Global Market Study on Shipping Containers: Asia Pacific to Witness Highest Growth by 2021 ”, the global market for shipping containers is estimated to reach value of US$ 8.29 Bn by 2015 end, and is expected to expand at a CAGR of 5.6% from 2015 to 2021, to reach a market value of US$ 11.47 Bn by 2021.

Shipping Containers Market Research Report Overview @ https://www.persistencemarketresearch.com/market-research/shipping-containers-market.asp

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.

Request to Sample of Report @ 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.

Download and View Report@ https://www.persistencemarketresearch.com/market-research/shipping-containers-market/toc

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. 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.

Get full Report Now @ https://www.persistencemarketresearch.com/checkout/6748

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

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 will Account for Around US$ 11.47 Bn by 2021 here

News-ID: 889406 • Views:

More Releases from Persistence Market Research

Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview: The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period. Market Size and Growth: The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and
The Global Graphene Market's Striking Growth and Innovative Applications
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities. Get Access To
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analysis, Emerging Trends with Upcoming Developments
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview: The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033. The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation and Industry Size
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products. To obtain the latest market

All 5 Releases


More Releases for Shipping

Container Shipping Market Next Big Thing | Major Giants Maersk, Mediterranean Sh …
Containers are basically used to transport the objects from one place to another. In container shipping, the containers are of various standard sizes that is 20 foot (6.09 m), 40 foot (12.18 m), 45 foot (13.7 m), 48 foot (14.6 m), and 53 foot (16.15 m), they are used to load, transport, and unload the objects or goods. As a result, then, containers can be moved by ships, trains, and
Container Shipping Market May See a Big Move | China Shipping Container Lines, H …
Global Container Shipping Market Insights, Forecast to 2025 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the Global Container Shipping Market. Some of the key players profiled in the study are China Shipping Container Lines,
Container Shipping Market - Global Growth Data Analysis by 2020-2025 | HANJIN, C …
n 2018, the Global Container Shipping Market Size valued for USD xx million and anticipated to project the rise of USD xx million in 2025, registering a CAGR of x.x% during the forecast period. Containers are generally created of aluminum and steel. Individual size and type of container comply with specifications and regulation formulated by the International Organization for Standardization (ISO). Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/533 Shipping containers holds a
Container Shipping Market Analysis & Industry Outlook 2019-2025| HANJIN, China O …
Containers are generally created of aluminum and steel. Individual size and type of container comply with specifications and regulation formulated by the International Organization for Standardization (ISO). Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/533 Shipping containers holds a wide variety of types. The most essential type of container shipping market trends is dry cargo. Dry cargo containers are often called as a special containers as it include open end, half- ,
Container Shipping Market Scenario & Industry Analysis 2019-2025| HANJIN, China …
The report on container shipping market has been compiled through extensive primary research and secondary research. The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry's value chain. Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/533 Shipping containers holds a wide variety of types. The most essential type of container shipping market trends is dry cargo.
Container Shipping Market 2018 Analysis By Key Players – Mediterranean Shippin …
This report studies the global Container Shipping market, analyzes and researches the Container Shipping development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like APM-Maersk CMA CGM COSCO Container Lines Evergreen Line Mediterranean Shipping APL China Shipping Hamburg Sud Hanjin Shipping Hapag-Lloyd Mitsui O.S.K Lines NYK Line Orient Overseas Container Line Request a Sample Report @ https://www.wiseguyreports.com/sample-request/3076626-global-container-shipping-market-size-status-and-forecast-2025 Market segment by Regions/Countries, this report covers United States EU Japan China India Southeast Asia Market segment by Type,