About ISO Shipping Container
ISO shipping container is an intermodal container is made in a same specifications of height width and length. They are made according to the international organization for standardization. This standard includes size, quality and the weight of the container. The ISO shipping containers can be used for transportation of goods through different modes such as ship, rail or truck. Through these containers the goods cans be handled easily. Hence it is widely used for shipping which will propel the market of the containers.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
In this market of aircraft undercarriage, the major companies are focusing on product innovation and customer preference to drive sustained growth which will propel the market Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global ISO Shipping Container market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
COSCO (China), 3M Company (United States), CIMC (China), SINGAMAS (China), CXIC Group (China), Shanghai Universal Logistics Equipment (China), Maersk Container Industry (Denmark), Charleston Marine Containers (United States), Sea Box (United States), Hoover Container Solutions (United States) and Hapag-Lloyd (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Evergreen Marine Corporation (Taiwan) and Others.
Segmentation Overview
AMA Research has segmented the market of Global ISO Shipping Container market by Type (High Cube Refrigerated Container, Refrigerated Container, High Cube Dry Container and Standard Dry Container), Application (Consumer Goods Transport, Industrial Transport and Food Transport) and Region.
On the basis of geography, the market of ISO Shipping Container has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Mode of transportation, the sub-segment i.e. Ships will boost the ISO Shipping Container market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Adoption of Shipping Containers for Seaborne Trade
Market Growth Drivers:
Increasing Seaborne Trade is Fueling the Market and Rising E-Commerce Industry is affecting the Market Positively
Challenges:
Fluctuating Prices of Raw Materials
Restraints:
Slow Growth of the Economy can hamper the Market and Environmental Impact can hinder the Growth of the Market
Opportunities:
Rising Industrial Expansion in Developing Countries and Increasing Disposable Income of Consumers
Market Leaders and their expansionary development strategies
In 2019, Cosco has acquired four container making units of PIL. The company is engaged in the manufacturing of containers through Shanghai Universal Logistics Equipment.
In March 2019, Singamas has agreed to dispose its wholly owned subsidiaries which are Qidong Singamas Energy Equipment, Qingdao Pacific Container, Ningbo Pacific Container, Singamas Container Holdings (Shanghai) Limited, and Qidong Pacific Port.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Arak Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.