What is Moving and Storage Containers?
Moving industry is one vast family, and it is not limited to moving and truck companies alone; there are other moving businesses in the industry and one of them is referred to as moving and storage container companies. This is a kind of business that serves as an intermediary and offers satisfactory service between a DIY and a full-service moving experience. Hiring moving container companies tend to save cost on moving compared to renting a truck. Thereby, the moving and storage containers' popularity has increased substantially across the North America region. Moreover, there are immense potential opportunities are emerging for companies to expand the business across the globe. Additionally, due to higher profitably, several new players are expected to enter the market during the projected period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | U-Pack (ArcBest brand) (United States), COWs- Container on Wheels Mobile Storage (United States), United and Mayflower (United States), PODS (United States), 1-800-PACK-RAT (United States), Smartbox (United States), U-Haul (United States), Allied Van Lines, Inc. (United States), Zippy Shell Incorporated (United States) and Go Minis Franchising, LLC. (United States) |
The study covers a detailed analysis segmented by key business segments i.e. , by application (Shipping Items and Apartment Moves) and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of North America Moving and Storage Containers market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Moving and Storage Containers market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are U-Pack (ArcBest brand) (United States), COWs- Container on Wheels Mobile Storage (United States), United and Mayflower (United States), PODS (United States), 1-800-PACK-RAT (United States), Smartbox (United States), U-Haul (United States), Allied Van Lines, Inc. (United States), Zippy Shell Incorporated (United States) and Go Minis Franchising, LLC. (United States).
Market Overview:
On 20 March 2020, ZippyU, along with 1-800-PACK-RAT, LLC, a leader in the portable storage and moving industry, has announced it will give college students 30 days of free storage. With campuses closing early due to the COVID-19 pandemic, ZippyU and 1-800-PACK-RAT want to help students and families being affected. 1-800-PACK-RAT provides all-steel, secure, portable storage containers that can be delivered directly to a location. Students can pack the container at their own pace, lock it up with their own lock, and then call 1-800-PACK-RAT for pick up. The container will be stored at a secure storage facility nearby until the student returns in the Fall. Alternatively, the container can be transported and delivered to a different location within the 1-800-PACK-RAT service area.
Influencing Trend:
The Increased Popularity of Metal Containers Due to Its Rough Nature
Market Growth Drivers:
The Growing Moving Industry Worldwide, The Rising Demand for the Low Cost Packers & Movers Solutions among the Consumers, The Growing DIY Approach, The Upsurging Demand from the Logistics Companies and The Growing Rented Housing Accommodations
Restraints:
Moving Containers Can Be Quite Costly For Long Distance Moves, Especially For Larger Homes
Opportunities:
The Lucrative Opportunities from the Developing Countries
Key highlights of the North America Moving and Storage Containers market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Moving and Storage Containers market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the North America Moving and Storage Containers market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Moving and Storage Containers Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the North America Moving and Storage Containers market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Moving and Storage Containers market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Moving & Storage Containers Key Service Providers, Regulatory & Government Bodies, End Users, Downstream Vendors and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.