iso shipping container market size

1. Summary Global Container Shipping Market By Type (Standard Dry Container, High Cube Dry Container, Refrigerated Container and High Cube Refrigerated Container), By Application (Food Transport, Consumer Goods Transport and Industrial Transport) by Region (North America, Europe, China, India, Japan, South Korea and Southeast Asia) - Global Forecast to 2023 Global Container Shipping Market Overview Market Research Future (MRFR) offers primary, secondary as well as advanced information about the Global Container Shipping market 2020. Following a study of the growth prospects and the latest trends, MRFR reveals that the market can expand at a rate of close to 5.60% during the forecast period (2017 to 2022). Top Drivers and Main Barriers With the intense growth of the freight sector, the shipping container market can also gain massive traction over the coming years. Moreover, the rising stack heights on container ships combined with the expanding volumes of high-density cargo has boosted the loads as well as stresses on containers, leading to a high requirement for assessing the current container strength specifications. As a result, with the objective of bringing down the risk of conducting tasks from the top, manufacturers are coming up with several modifications for containers, which entails the operator to remain at the ground level while filling, loading and accessing all the points. Request Free Sample @ https://www.marketresearchfuture.com/sample_request/5033 Furthermore, it has been noted that seaborne trade is increasing rapidly across the globe. Additionally, surge in international trade, increasing import/export of manufactured goods, and the bulk transport of raw materials have also been observed across various economies. Reports say that the international shipping trade industry carries out roughly 90% of the world trade, and the boost in the seaborne trade can drive the growth of the ISO container market in the approaching years. Apart from this, many government and non-government institutes are working on boosting the export capacity of various commodities, which ushers in an inflow of foreign currency within the country and region. To cite a reference, Increasing Agricultural Commodity Trade (IACT) project by the European Union is working on enhancing the export capacity of all the Pacific countries across sectors like livestock, forestry, agriculture, and more. Top Participants The top participants in the global market for Global Container Shipping include Evergreen Marine Corporation, CXIC Group, Shanghai Universal Logistics Equipment, Hoover Container Solutions Inc., CIMC, Sea Box Inc., SINGAMAS, Hapag-Lloyd, Charleston Marine Containers, Inc., Maersk Container Industry A/S, to name a few.

2. Market Segmentation The exhaustive coverage of the Global Container Shipping Market in the report specifies the primary segments as type and application. The types considered in the market are high cube dry containers, standard dry containers, high cube refrigerated containers, and refrigerated containers. Standard dry containers, with a share of over 45%, led the market in 2016 and was valued at approximately USD 3,800 Million. The segmental shows a strong potential of achieving the highest growth rate in the years ahead. The main applications of shipping containers are consumer goods transport, industrial transport, and food transport. Food transport accounted for the major share of more than 40%, in 2016, and held a value of roughly USD 3,500 Million. The segment can progress at the highest rate of close to 6% in the coming years. Regional Insight The report lists the annual trend analysis of the Global Container Shipping market across the primary regions and countries of Europe, South Korea, North America, China, Japan, India, and Southeast Asia. Over the years, China has noted a rapid expansion of manufacturing capabilities with respect to shipping containers. The country’s shipping sector is administered by CIMC (Shenzhen, China). The Global Container Shipping market in China is fueled by low labor costs and the rising number of small and medium scale players. In fact, many of the international brands such as Hapag-Lloyd, Maersk, OOCL, Cronos, Evergreen, Hamburg, and Hyundai have set up their manufacturing base in China, in order to take advantage of the low costs. This has made China a lucrative market for shipping, which includes shipping containers. The favorable policies, as well as the inductive environment in China, combined with the continuously increasing industrial capabilities has fostered the market growth not only in China but also in APAC to some extent. In Europe, advancements in transportation services, surge in seaborne trade, and the mounting number of manufacturing facilities has led to a strong growth of the container shipping market. The falling oil prices have led to significant cost savings, which is prompting the shipping companies to invest substantially in the purchase of new shipping containers in the region. Access Full Report With TOC @ https://www.marketresearchfuture.com/reports/iso- shipping-container-market-5033 Table Of Content 1 Executive Summary 2 Introduction 2.1 Definition 2.2 Scope Of The Study 2.3 Assumptions 2.4 Market Structure

3. 3 Research Methodology 3.1 Research Process 3.2 Primary Research 3.3 Secondary Research 3.4 Market Size Estimation 3.5 Forecast Model Continues……. About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact Market Research Future Office No. 528, Amanora Chambers Pune – 411028 Maharashtra, India Phone: +1646 845 9312 Email: sales@marketresearchfuture.com