Market Snapshot:
Container Leasing is referred to as an agreement between a shipping container owner (lessor) and a consignor (lessee) that describes the terms associated with a temporary lease of a container. Leasing a full container is costlier than owning a container from an operational standpoint, about 60% to 70%. Still, there is a large market of leasing with about 40% of the global fleet of containers is owned by leasing companies. This confers flexibility & some leasing arrangements enable the lessee to leave the container back to the leasing company at its destination. If there is a surge in the demand, a carrier can lease containers instead of buying them wholly, particularly if the surge is expected to be temporary.The research analyst at AMA estimates Container Leasing market to grow at a compounded annual growth rate of 17.9%
Segment Analysis
AMA Research have segmented the market of Global Container Leasing market by Type, Application and Region. On the basis of Type, Dry Containers are dominating the market in the year 2021
On the basis of geography, the market of Container Leasing 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).
Market Trend
Growth In Global Demand For Refrigerated Transportation, Consolidation In The Global Container Leasing Market, Rising Demand From The Energy Sector and The Growth Of Mining Activities In The Emerging Economy
Market Drivers
Rising Construction Sector, Growth In International Containerized Seaborne Trade and Rising Global Container Traffic
Opportunities
Emerging Demand From Economies
Restraints
- No Ownership
- Maintenance Of The Assets
In addition to the aforementioned factor, Rising Construction Sector
is expected to propel the growth of the market over the forecast period.
The key Manufacturers profiled in the study are China COSCO Shipping (China), Seaco (United Kingdom), Textaine (Bermuda), Triton International (Bermuda), Beacon Intermodal Leasing (United States), Blue Sky Intermodal (United Kingdom), CAI International (United States), CARU Containers (Netherlands), Magellan Maritime Services (Germany) and Raffles Lease (United States). A lot of United States players are profiled in the research study indicating a strong market dependence.