Shipping Container Industry Outlook, Strategies, Analysis, Future Scope, Key Drivers Forecast To 2023
Shipping Container Industry 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
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.
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.
The exhaustive coverage of the Shipping Container Industry 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.
The report lists the annual trend analysis of the Shipping Container Industry across the primary regions and countries of Europe, South Korea, North America, China, Japan, India, and Southeast Asia.
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
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.