The India container market size is anticipated to reach USD 10.3 billion by 2028, registering a CAGR of 1.7% from 2021 to 2028. Factors such as the growing demand for cargo transportation through ships, increasing trade-related agreements, rising demand for specialized shipping containers by the defense department, and digitalization in container shipping are driving the demand for containers.
Numerous trade-related agreements have been formed between developing and developed nations for the trading of goods. This has led suppliers to opt for waterways as an efficient means of transportation. According to an IBEF report, ports in India handle around 95% of the international trade volume of the country. The increase in trade activities in India is expected to boost the demand for containers over the forecast period.
Increasing automation of ships, coupled with the demonstrations and testing of autonomous ships of leading companies, has encouraged various countries to develop automated vessels for cargo and passenger transport. Furthermore, the e-commerce industry has witnessed a significant increase in the last few years. The growth of the transportation industry on account of the increasing online retail is expected to support the growth of the container market in India. However, fluctuations in transportation and inventory costs are likely to hamper market growth.
Strong growth potential, Standard Operating Procedures (SOPs) provided by the government, and favorable investment activities have encouraged domestic and foreign private players to enter the Indian port. Additionally, with the expansion of ports and terminals, private players are extensively participating in port logistics service, which is expected to drive the demand for shipping containers over the forecast period. Factors such as the special economic zones being developed near several ports and terminals and an increase in marine safety norms are anticipated to provide growth opportunities for the shipping container market.
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Increasing automation of ships, coupled with the demonstrations and testing of autonomous ships of leading companies, has encouraged various countries to develop automated vessels for cargo and passenger transport. Furthermore, the e-commerce industry has witnessed a significant increase in the last few years. The growth of the transportation industry on account of the increasing online retail is expected to support the growth of the container market in India. However, fluctuations in transportation and inventory costs are likely to hamper market growth.
Strong growth potential, Standard Operating Procedures (SOPs) provided by the government, and favorable investment activities have encouraged domestic and foreign private players to enter the Indian port. Additionally, with the expansion of ports and terminals, private players are extensively participating in port logistics service, which is expected to drive the demand for shipping containers over the forecast period. Factors such as the special economic zones being developed near several ports and terminals and an increase in marine safety norms are anticipated to provide growth opportunities for the shipping container market.
India Container Market Report Highlights
- The food and beverage segment dominated the market for containers in India container in 2020 with a revenue share of 50%
- The 40 feet segment dominated the market in 2020. Factors such as increased durability and large space offered by 40 feet containers are contributing to their high adoption across various applications
- India has emerged as the world’s fastest-growing economy for the past five years owing to the rising demand for consumer goods and services
- The increasing demand for freight transport in India, owing to the growing population and improved living standards, along with high demand for consumer goods among consumers and businesses, is expected to drive the demand for India container market
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Table of Contents
Chapter 1. Methodology and Scope1.1. Research Methodology
1.2. Information Procurement
1.2.1. Purchased Database
1.2.2. Internal Database
1.2.3. List of Primary Sources
1.2.4. List of Secondary Sources
1.3. Information Analysis
1.3.1. Data Analysis Model
1.4. Market Formulation & Data Visualization
1.5. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Summary
Chapter 3. Container Market Variables, Trends &Scope
3.1. Market Segmentation
3.2. Market Size and Growth Prospects
3.3. Global Container Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraints Analysis
3.3.3. Market Opportunity Analysis
3.4. Industry Value Chain Analysis
3.5. Penetration and Growth Prospect Mapping
3.6. Container Market Key Company Ranking Analysis, 2020
3.7. Market Analysis Tools
3.7.1. Container Industry Analysis - Porter’s
3.7.2. Container Industry Analysis - PEST Analysis
3.8. Impact of COVID-19 on Container Market
Chapter 4. Container Market: Product Outlook
4.1. Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (Revenue, USD Million)
4.1.1. 20 Feet
4.1.2. 40 Feet
4.1.3. 45 Feet
Chapter 5. Container Market: End-Use Outlook
5.1. Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (Revenue, USD Million)
5.1.1. Food & Beverage
5.1.2. Consumer Goods
5.1.3. Industrial Goods
5.1.4. Healthcare
5.1.5. Others
Chapter 6. Competitive Landscape
6.1. A.P. Moller and Maersk
6.1.1. Company Overview
6.1.2. Financial Performance
6.1.3. Product Benchmarking
6.1.4. Recent Developments
6.2. COSCOShipping Development Co., Ltd.
6.2.1. Company Overview
6.2.2. Financial Performance
6.2.3. Product Benchmarking
6.2.4. Recent Developments
6.3. China International Marine Container (Group) Ltd.
6.3.1. Company Overview
6.3.2. Financial Performance
6.3.3. Product Benchmarking
6.3.4. Recent Developments
6.4. CXIC Group
6.4.1. Company Overview
6.4.2. Financial Performance
6.4.3. Product Benchmarking
6.4.4. Recent Developments
6.5. Singamas Container Holdings Limited
6.5.1. Company Overview
6.5.2. Financial Performance
6.5.3. Product Benchmarking
6.5.4. Recent Developments
6.6. Hapag-Lloyd AG
6.6.1. Company Overview
6.6.2. Financial Performance
6.6.3. Product Benchmarking
6.6.4. Recent Developments
6.7. Evergreen Marine Corporation
6.7.1. Company Overview
6.7.2. Financial Performance
6.7.3. Product Benchmarking
6.7.4. Recent Developments
6.8. MSC Mediterranean Shipping Company S.A
6.8.1. Company Overview
6.8.2. Financial Performance
6.8.3. Product Benchmarking
6.8.4. Recent Developments
6.9. Yang Ming
6.9.1. Company Overview
6.9.2. Financial Performance
6.9.3. Product Benchmarking
6.9.4. Recent Developments
6.10. ZIM Integrated Shipping Services Ltd.
6.10.1. Company Overview
6.10.2. Financial Performance
6.10.3. Product Benchmarking
6.10.4. Recent Developments
6.11. Hyundai Ltd.
6.11.1. Company Overview
6.11.2. Financial Performance
6.11.3. Product Benchmarking
6.11.4. Recent Developments
6.12. J.K. Technologies Pvt. Ltd.
6.12.1. Company Overview
6.12.2. Financial Performance
6.12.3. Product Benchmarking
6.12.4. Recent Developments
6.13. AB Sea Container Pvt. Ltd.
6.13.1. Company Overview
6.13.2. Financial Performance
6.13.3. Product Benchmarking
6.13.4. Recent Developments
6.14. Techno-Cap Equipments India Pvt. Ltd.
6.14.1. Company Overview
6.14.2. Financial Performance
6.14.3. Product Benchmarking
6.14.4. Recent DevelopmentsList of Tables
Table 1 India container market, 2018 - 2028 (USD Million)
Table 2 India container market, by product, 2018 - 2028 (USD Million)
Table 3 India container market, by end use, 2018 - 2028 (USD Million)
Table 4 20 feet market, by region, 2018 - 2028 (USD Million)
Table 5 40 feet market, by region, 2018 - 2028 (USD Million)
Table 6 45 feet market, by region, 2018 - 2028 (USD Million)
Table 7 Food & beverage market, by region, 2018 - 2028 (USD Million)
Table 8 Consumer goods market, by region, 2018 - 2028 (USD Million)
Table 9 Industrial goods market, by region, 2018 - 2028 (USD Million)
Table 10 Healthcare market, by region, 2018 - 2028 (USD Million)
Table 11 Others market, by region, 2018 - 2028 (USD Million)List of Figures
Fig. 1 India container market: Research methodology
Fig. 2 India container market: Data triangulation technique
Fig. 3 India container market Primary research scope
Fig. 4 India container market: Market segmentation
Fig. 5 India container market: Market snapshot, 2020
Fig. 6 India container market: Value chain analysis
Fig. 7 India container market: Penetration and growth prospect mapping
Fig. 8 India container market: Key company analysis, 2020
Fig. 9 India container market: PESTLE analysis
Fig. 10 India container market: Porter's five forces analysis
Fig. 11 India container market: Product segment analysis, 2018 - 2028 (USD Million)
Fig. 12 India container market: End-use segment analysis, 2018 - 2028 (USD Million)
Companies Mentioned
- A.P. Moller and Maersk
- COSCOShipping Development Co. Ltd.
- China International Marine Container (Group) Ltd.
- CXIC Group
- Singamas Container Holdings Limited
- Hapag-Lloyd AG
- Evergreen Marine Corporation
- MSC Mediterranean Shipping Company S.A
- Yang Ming
- ZIM Integrated Shipping Services Ltd.
- Hyundai Ltd.
- J.K. Technologies Pvt. Ltd.
- AB Sea Container Pvt. Ltd.
- Techno-Cap Equipments India Pvt. Ltd.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 130 |
| Published | December 2021 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 9.1 Billion |
| Forecasted Market Value ( USD | $ 10.3 Billion |
| Compound Annual Growth Rate | 1.7% |
| Regions Covered | India |
| No. of Companies Mentioned | 14 |
