Global Shipping Containers Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends
29 Oct, 2021
The shipping containers market consists of the sales of shipping containers and related services by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing shipping containers with suitable strength to withstand handling, storage, and shipment. Shipping containers range from ubiquitous corrugated boxes to large steel boxes used for intermodal shipments. Only goods and services traded between entities or sold to end consumers are included.
Global Shipping Containers Market Size And Drivers:
The global shipping containers market is expected to decline from $8.16 billion in 2020 to $8.36 billion in 2021 at a compound annual growth rate (CAGR) of 2.48%. The market is expected to reach $10.73 billion in 2025 at a CAGR of 6.46%.
An increase in demand for cargo transportation through ships contributed to the growth of the shipping container market.
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Trends In The Global Shipping Containers Market
The demand for the transportation of cargo through waterways is growing owing to factors such as cost-efficiency and secured way of moving goods as compared to other means of transportation.
Global Shipping Containers Market Segments:
The global shipping containers market is further segmented based on product type, container size, end use and geography.
By Product Type: Dry Storage Container, Flat Rack Container, Refrigerated Container, Special-Purpose Container, Open Top Container, Double Door Container, Others.
By Container Size: Small Container, Large Container, High Cube Container.
By End Use: Food And Beverages, Consumer Goods, Healthcare, Industrial Products, Vehicle Transport, Others.
By Geography: The global shipping containers market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global shipping containers market.
Read More On The Report For The Global Shipping Containers Market At:https://www.thebusinessresearchcompany.com/report/shipping-containers-global-market-report
Shipping Containers Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides shipping containers market overviews, analyzes and forecasts market size and growth for the global shipping containers market, shipping containers market share, shipping containers market players, shipping containers market segments and geographies, shipping containers market’s leading competitors’ revenues, profiles and market shares. The shipping containers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.