Global Shipping Container Industry was valued at USD 7.6 Billion in the year 2017. Global Shipping Container Industry is further estimated to grow at a CAGR of 7.23% from 2018 to reach USD 14.36 Billion by the year 2025. Asia-Pacific region holds the highest Industry share in 2016 and it is considered as the fastest growing Industry in the forecasted period. At a country level, developed Industry like China with highest population base holds the notable Industry share in 2016 and it is projected to grow at a gradual rate in the coming years.
Global Shipping Container Industry Share by 2025
Between Dry Containers, Tank Containers, Refrigerated Containers, Dry Containers segment because of the growing popularity and availability is expected to hold the highest Industry share during the forecast period.
The major Industry players in Shipping Container Industry are Sigma’s Container Holdings Limited (Hong Kong), A.P. Moller - Maersk Group (Denmark), China International Marine Containers (Group) Ltd. (China), Dong Fang International Asset Management Ltd. (Hong Kong), Jindo Co. Ltd. (South Korea), W&K Containers Inc. (US), China Shipping Container Lines Co. Ltd. (China) (other 13 companies information is provided in research report). A.P. Moller - Maersk Group holding the substantial Industry share because of its better global presence both at production and at an operational level. Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.
Shipping Container Industry Overview By Size of Container
Shipping Container Industry Overview By Type
Shipping Container Industry Overview By Region
• Rest of Europe
• Rest of Asia-Pacific
• Latin America
• Middle East & Africa