Shipping containers market is anticipated to grow at a CAGR of 4.1% during the forecast period (2024-2031). The global shipping container market is driven by the continuous growth of international trade and globalization, which has led to increased demand for efficient and reliable transportation of goods across borders. As trade volumes rise, companies seek more cost-effective and secure ways to transport their products, boosting the demand for shipping containers. Additionally, advancements in container design and technology, such as eco-friendly and smart containers with tracking and monitoring capabilities, are further propelling market growth. The rise of e-commerce and the need for rapid and efficient logistics solutions also contribute to the expansion of the shipping container market. Furthermore, the adoption of intermodal transportation, where containers can be seamlessly transferred across different modes of transport like ships, trains, and trucks, enhances efficiency and cost savings, thereby stimulating market demand.
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New technologies like big data, the Internet of Things (loT), and Artificial Intelligence (Al) have modernized ships and containers. Better tracking, enhanced environmental management, and the ability for captains and customers to identify possible issues before they become emergencies are all made possible by this. The outcome of this technology is Remote Container Management (RCM), which makes it possible to track containers’ present locations, their internal temperature and humidity, and the state of their electrical connections at any time, from any point globally, during their transportation. When it comes to the transportation of goods in the food service and healthcare industries, where environmental concerns are paramount, this RCM is helpful. In August 2023, Evergreen inaugurated Taiwan’s premier fully automated container terminal, the largest of its kind, with remote-controlled gantry cranes. Developed with Taiwan International Ports Corporation (TIPC), it aligns with industry trends and operational needs for mega container ships. Over time, it is anticipated that this cutting-edge container will create a substantial amount of demand.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Shipping Containers Market Report Segment
By Size
- Small containers (20 feet)
- Large containers (40 feet)
- High cube containers
By Container
- Dry storage
- Flat rack
- Refrigerated
By End-User
- Food and beverages
- Consumer goods
- Healthcare
- Industrial products
- Oil and gas
- Chemicals
Global Shipping Containers Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global shipping containers market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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