The shipping container market is estimated to be US$ 10.66 Billion in 2023. The market is projected to reach US$ 17.19 Billion by 2033.
The shipping container market is expected to grow at a CAGR of 4.9% between 2024 to 2033.
The shipping container market was valued at US$ 10.16 Billion in 2022.
The global shipping container market is driven by several key factors increasing volume of international trade and globalization and growing trend of using shipping containers for various purposes beyond just transportation, such as modular construction and storage solutions, has opened up new opportunities and expanded the market's reach.
The Refrigerated Containers segment is the fastest-growing due to the increasing demand for transporting temperature-sensitive goods.
The Consumer Goods segment is the largest in the shipping container market, driven by global population growth, rising disposable incomes, and the popularity of e-commerce.
A.P. Moller–Maersk Group, CARU Containers, China International Marine Containers, COSCO SHIPPING Development Co. Ltd, CXIC Group, OEG OFFSHORE LIMITED, Singamas Container Holdings Limited, TLS Offshore Containers / TLS Special Containers, W&K Containers, Inc., YMC Container Solutions among others, are the key players in the global shipping container market.
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