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Shipping Container Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 143 Pages
  • April 2022
  • Region: Global
  • IMARC Group
  • ID: 5577962

FEATURED COMPANIES

  • A.P. Moller - Maersk
  • CARU Containers B.V.
  • China Eastern Containers
  • OEG Offshore Limited
  • SEA BOX Inc.
  • W&K Containers Inc.
The global shipping container market reached a value of US$ 9.5 billion in 2021. Looking forward, the market is projected to reach US$ 15.3 billion by 2027, exhibiting a CAGR of 8.12% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use industries. These insights are included in the report as a major market contributor.



Shipping containers are considered suitable for withstanding shipment, storage, and handling. They are used in the transportation and carriage of goods without the requirement of unloading and reloading at intermediate points. Their size and built complies with the specifications and regulations of the International Organization for Standardization (ISO). As they are affordable, offer convenience and facilitate transportation of goods through both land and sea, renting of shipping containers is gaining immense traction among businesses of different sectors across the globe.

Shipping Container Market Trends


An increase in the demand for cargo transportation through ships, along with the rising in trade-related agreements, represents one of the key factors fueling the growth of the market. Additionally, the growing trend of automation in marine transportation and the escalating marine safety norms are offering lucrative growth opportunities to market players manufacturing shipping containers. However, the coronavirus disease (COVID-19) outbreak severely impacted the market on account of the implementation of complete lockdown in numerous countries and a temporary halt in the manufacturing units of different businesses. The market nonetheless is now experiencing growth again due to the upliftment of lockdown restrictions and a considerable rise in the need for transporting the COVID-19 vaccine to different parts of the world. This, in confluence with increasing investments in drug development and production of different healthcare products, is strengthening the growth of the market. Furthermore, the growing adoption of IoT-connected devices by major shipping companies is assisting in the collection of a large amount of data during the entire transportation process. These insights are utilized in reducing downtime and streamlining different procedures, thereby improving operational efficiency in the maritime industry.

Key Market Segmentation


This report provides an analysis of the key trends in each sub-segment of the global shipping container market, along with forecasts at the global, regional and country level from 2022-2027. The report has categorized the market based on product, container size and application.

Breakup by Product:

  • Dry Storage Containers
  • Flat Rack Containers
  • Refrigerated Containers
  • Special Purpose Containers
  • Others

Breakup by Container Size:

  • Small Containers (20 feet)
  • Large Containers (40 feet)
  • High Cube Containers
  • Others

Breakup by Application:

  • Food and Beverages
  • Consumer Goods
  • Healthcare
  • Industrial Products
  • Vehicle Transport
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape


The competitive landscape of the industry has also been examined along with the profiles of the key players being A.P. Moller - Maersk, CARU Containers B.V., China Eastern Containers, COSCO SHIPPING Lines Co. Ltd. (China COSCO Shipping Corporation Limited), CXIC Group Containers Company Limited, OEG Offshore Limited, Ritveyraaj Cargo Shipping Containers, SEA BOX Inc., Singamas Container Holdings Limited, TLS Offshore Containers International, W&K Containers Inc. and YMC Container Solutions (Thurston Group Limited).

Key Questions Answered in This Report

  • How has the global shipping container market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global shipping container market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the container size?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global shipping container market and who are the key players?
  • What is the degree of competition in the industry?
Frequently Asked Questions about the Global Shipping Container Market

What is the estimated value of the Global Shipping Container Market?

The Global Shipping Container Market was estimated to be valued at $9.5 Billion in 2021.

What is the growth rate of the Global Shipping Container Market?

The growth rate of the Global Shipping Container Market is 8.2%, with an estimated value of $15.3 Billion by 2027.

What is the forecasted size of the Global Shipping Container Market?

The Global Shipping Container Market is estimated to be worth $15.3 Billion by 2027.

Who are the key companies in the Global Shipping Container Market?

Key companies in the Global Shipping Container Market include A.P. Moller, Maersk, CARU Containers B.V., China Eastern Containers, COSCO SHIPPING Lines Co. Ltd. (China COSCO Shipping Corporation Limited), CXIC Group Containers Company Limited, OEG Offshore Limited, Ritveyraaj Cargo Shipping Containers and Singamas Container Holdings Limited.

FEATURED COMPANIES

  • A.P. Moller - Maersk
  • CARU Containers B.V.
  • China Eastern Containers
  • OEG Offshore Limited
  • SEA BOX Inc.
  • W&K Containers Inc.

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Shipping Container Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Dry Storage Containers
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Flat Rack Containers
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Refrigerated Containers
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Special Purpose Containers
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Container Size
7.1 Small Containers (20 feet)
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Large Containers (40 feet)
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 High Cube Containers
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Food and Beverages
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Consumer Goods
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Healthcare
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Industrial Products
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Vehicle Transport
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 A.P. Moller - Maersk
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 CARU Containers B.V.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 China Eastern Containers
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 COSCO SHIPPING Lines Co. Ltd. (China COSCO Shipping Corporation Limited)
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 CXIC Group Containers Company Limited
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 OEG Offshore Limited
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Ritveyraaj Cargo Shipping Containers
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 SEA BOX Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Singamas Container Holdings Limited
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.10 TLS Offshore Containers International
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 W&K Containers Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 YMC Container Solutions (Thurston Group Limited)
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Shipping Container Market: Major Drivers and Challenges
Figure 2: Global: Shipping Container Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Shipping Container Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Shipping Container Market: Breakup by Product (in %), 2021
Figure 5: Global: Shipping Container Market: Breakup by Container Size (in %), 2021
Figure 6: Global: Shipping Container Market: Breakup by Application (in %), 2021
Figure 7: Global: Shipping Container Market: Breakup by Region (in %), 2021
Figure 8: Global: Shipping Container (Dry Storage Containers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Shipping Container (Dry Storage Containers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Shipping Container (Flat Rack Containers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Shipping Container (Flat Rack Containers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Shipping Container (Refrigerated Containers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Shipping Container (Refrigerated Containers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Shipping Container (Special Purpose Containers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Shipping Container (Special Purpose Containers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Shipping Container (Other Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Shipping Container (Other Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Shipping Container (Small Containers-20 feet) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Shipping Container (Small Containers-20 feet) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Shipping Container (Large Containers-40 feet) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Shipping Container (Large Containers-40 feet) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Shipping Container (High Cube Containers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Shipping Container (High Cube Containers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Shipping Container (Other Container Sizes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Shipping Container (Other Container Sizes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Shipping Container (Food and Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Shipping Container (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Shipping Container (Consumer Goods) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Shipping Container (Consumer Goods) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Shipping Container (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Shipping Container (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Shipping Container (Industrial Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Shipping Container (Industrial Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Shipping Container (Vehicle Transport) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Shipping Container (Vehicle Transport) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Shipping Container (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Shipping Container (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: North America: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: North America: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: United States: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: United States: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Canada: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Canada: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Asia-Pacific: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Asia-Pacific: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: China: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: China: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Japan: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Japan: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: India: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: India: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: South Korea: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: South Korea: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Australia: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Australia: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Indonesia: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Indonesia: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Europe: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Europe: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Germany: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Germany: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: France: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: France: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: United Kingdom: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: United Kingdom: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Italy: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Italy: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Spain: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Spain: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Russia: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Russia: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Latin America: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Latin America: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Brazil: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Brazil: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Mexico: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Mexico: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Others: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Others: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Middle East and Africa: Shipping Container Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Middle East and Africa: Shipping Container Market: Breakup by Country (in %), 2021
Figure 86: Middle East and Africa: Shipping Container Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Global: Shipping Container Industry: SWOT Analysis
Figure 88: Global: Shipping Container Industry: Value Chain Analysis
Figure 89: Global: Shipping Container Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Shipping Container Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Shipping Container Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Shipping Container Market Forecast: Breakup by Container Size (in Million US$), 2022-2027
Table 4: Global: Shipping Container Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Shipping Container Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Shipping Container Market: Competitive Structure
Table 7: Global: Shipping Container Market: Key Players
  • A.P. Moller - Maersk
  • CARU Containers B.V.
  • China Eastern Containers
  • COSCO SHIPPING Lines Co. Ltd. (China COSCO Shipping Corporation Limited)
  • CXIC Group Containers Company Limited
  • OEG Offshore Limited
  • Ritveyraaj Cargo Shipping Containers
  • SEA BOX Inc.
  • Singamas Container Holdings Limited
  • TLS Offshore Containers International
  • W&K Containers Inc.
  • YMC Container Solutions (Thurston Group Limited)

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