Market Overview: Shipping Container Market FY24-30
This reports provides an essential and dependable overview of the Shipping Container Market, serving as a guide for stakeholders navigating the industry's future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.
Shipping Container Market Report Coverage Details:
- Base Year: 2023
- Historical Data: 2019-22
- Forecast Period: 2024-2030
- CAGR: 2% (2024-2030)
The Global Shipping Container Market size is valued at around USD 10.5 billion in 2023 and it is estimated to grow at a CAGR of about 4.2% during the forecast period, i.e., 2024-30.
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Shipping Container Market Trend:
Rise of AI-based Container Tracking in Global Ports – AI-based container tracking has been a growing trend in the field of shipping containers, and global ports have embraced this technology to optimize their processes and gain a competitive edge in the market. Given that a significant portion of the country's trade was conducted through maritime channels, a large volume of containers has been entering & leaving the ports daily. Further, to effectively monitor & locate these containers, port authorities are increasingly integrating AI-based container tracking systems. For instance:
- In 2023, Gorilla Technology entered a strategic relationship with British Telecom to deliver an innovative Container Identification and Container Damage Detection solution.
Therefore, as the integration of AI-based tracking systems has been rapidly gaining traction, it has been fueling the demand for the shipping industry. By leveraging advanced technologies, the port authorities aim to streamline operations, improve efficiency, and provide seamless container tracking services. The adoption of an AI-based tracking system is projected to increase in the coming years, which would drive the demand for the maritime industry globally and consequently expected to influence the Shipping Container Market Growth in the forecast years
Shipping Container Market Segmentation Analysis - FY24-30
Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the Shipping Container Market (2024-30). We prioritize uncovering the pivotal factors that presently drive and will shape the industry's growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.
The Shipping Container Market segmentation is enlisted below:
By Product
- ISO Container- Market Size & Forecast 2019-2030, (Thousand Units)
- Non Standardized Container- Market Size & Forecast 2019-2030, (Thousand Units)
By Type
- Dry Container - Market Size & Forecast 2019-2030, (Thousand Units)
- Reefer Container - Market Size & Forecast 2019-2030, (Thousand Units)
- Tank Container- Market Size & Forecast 2019-2030, (Thousand Units)
By Size
- 20 feet- Market Size & Forecast 2019-2030, (Thousand Units)
- 40 feet - Market Size & Forecast 2019-2030, (Thousand Units)
- High Cube Containers- Market Size & Forecast 2019-2030, (Thousand Units)
By Application
- Food & Beverages- Market Size & Forecast 2019-2030, (Thousand Units)
- Consumer Goods - Market Size & Forecast 2019-2030, (Thousand Units)
- Healthcare- Market Size & Forecast 2019-2030, (Thousand Units)
- Industrial Product- Market Size & Forecast 2019-2030, (Thousand Units)
- Vehicle Transport- Market Size & Forecast 2019-2030, (Thousand Units)
- Others- Market Size & Forecast 2019-2030, (Thousand Units)
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By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Shipping Container Market Competitive Landscape
- Bertschi AG.
- Bulkhaul Limited
- BNH Gas Tanks
- P Moller Maersk
- NewPort
- Danteco Industries BV
- China International Marine Containers (Group) Ltd.
- COSCO SHIPPING Development Co., Ltd.
- TLS Offshore Containers / TLS Energy
- CXIC Group
- W&K Container
- Thurston Group
- Caru Container
- OEG Offshore
- Sea Box
- Others
Shipping Container Industry News:
- 2022: A.P. Moller – Maersk launched launched a new ocean shipping service, ‘Shaheen Express’. The service would rotate between Mundra, Pipavav, Jebel Ali, Dammam, and Jebel Ali and back to Mundra, creating a stable and reliable service for the India-UAE-Saudi Arabia corridor.
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Key Report Highlights
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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