COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.This report presents a comprehensive overview, market shares, and growth opportunities of Shipping Containers market 2020 by product type, application, key manufacturers and key regions and countries. “Global Shipping Containers Market size”2020 has covered and analyzed the potential of Worldwide Shipping Containers Industry and provides statistics and information on market dynamics, growth factors, key challenges, major drivers & restraints, opportunities and forecast.
Global “Shipping Containers Market” Size report 2020 – 2024 gives complete analysis of industry position and viewpoint of main regions based on of major key players, country, product types, and end industries. Shipping Containers Market report categorizes the market based on manufacturers, regions, type and application. Shipping Containers Report 2020 (value and volume) by company, regions, product types, end industries, history data and estimate data. Shipping Containers Market report categorizes the market based on manufacturers, regions, type, and application. Shipping Containers Market reports offer a detailed assessment of the Shipping Containers including enabling technologies, current market situation, market assumptions, restraining factors.
Report focuses on the global market, especially in United States, Europe, China, Japan, South Korea, North America, and India.
Get a Sample PDF of Shipping Containers Market 2020
Also, the Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions.
Top-List of Key-players in 2020 of Shipping Containers Market:-
- TLS Offshore Containers International Pvt Ltd China International Marine Containers (Group) Ltd (CIMC) Maersk Container Industry AS W&K Containers Inc. Singamas Container Holdings Limited YMC Container Solutions Sea Box Inc.Dong Fang International Container (Hong Kong) Co. Ltd / Oriental International CXIC (CHANGZHOU XINHUACHANG INT’L CONTAINERS Co
- .Ltd) Group Containers Company Limited Storstac Inc. China Eastern Containers CARU Containers B.V. American Intermodal Container Manufacturing Company (AICM) Valisons & Co. Ritveyraaj Cargo Shipping Containers ContainerWest Manufacturing Ltd
The Global Shipping Containers market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
TO UNDERSTAND HOW COVID-19 IMPACT IS COVERED IN THIS REPORT – REQUEST SAMPLE
The global Shipping Containers market is expected to witness high growth during the forecast period, owing to the rise in the global economy, leading to increase in the trade, in turn, boosting the demand for containers. The trade volume of the world has increased by 4.3% in 2017, and the global GDP witnessed a 3.8% rise in 2017. Owing to the factors, such as growing sea-borne trade, and the increasing trend of containerization of goods, a strong demand for shipping containers is anticipated in the forecast period. As of 2016, the share of the containerized goods in the total freight, in billion metric ton miles, stands at 15.7%.
Besides this, there exists a huge potential for shipping containers in the rail freight industry. However, the factors, such as protectionist measures by some nations and high freight rates in the transportation of containerized goods, are likely to restrain the growth up to some extent. In addition, the environmental regulations on using water-based coatings are also likely to incur some extra costs.
Growth of Seaborne Trade is Expected to Drive the Shipping Containers Market
The containerized transport of goods, by sea, accounts for almost 60% of the total sea-borne trade in the world (in terms of value), and this represents the high usage of containers in the sea freight transportation. Hence, the growth in the sea-borne trade is one of the significant factors that drive the shipping containers market.
Additionally, the growing number of container ships, and their capacity, also propels the demand for new containers. The global fleet of larger-sized vessels (i.e. greater than 8000 TEUs) grew by a substantial 4%, in terms of TEU capacity. Moreover, the global container fleet capacity grew by 1%, while the demand grew by 5%, which is nearly twice as much as in 2016.
Refrigerated Containers – to witness high growth
The sea-borne trade, through reefers, registered an increase of 5% in 2017, compared to the previous year, with a total of 124 million metric ton being transported. However, the average growth rate per year, during the last ten years, stands at 3.6%. The growth rate of the reefer traffic in 2017 is estimated at around 8%. The growth in the reefer traffic is faster than that of the overall containers trade, and this trend is expected to remain strong during the forecast period. The demand for the perishable goods is growing across the world, with the rise in the middle-class population and the income levels. This demand, along with the growth in the containerized trade, is driving the growth of the reefer containers market.
Additionally, the shift of the temperature-controlled cargo, from specialized vessels to reefer containers, offers the flexibility of transshipment, without loading and unloading during multimodal transportation. This is also expected to boost the market for the refrigerated containers in the forecast period. The specialized sector has a share of 20% in the total reefer trade through sea. However, this share is expected to fall to 14% by 2022, due to the shift to the container mode.
China – Market Leader
China dominates the global container production, as well as, the container trade. The total production output of the metal containers in China stood at 103.48 million cubic meter, in 2017. The production in 2018 (between January and April) reached 36.354 million cubic meter, growing by 25%. China accounts for more than 90% of the world’s container manufacturing, with an advantage of low labor cost.
The country stands at top of the container trade as a net exporter, and is followed by the United States. Additionally, China is the world leader, in terms of the container throughput in the sea ports. Shanghai port is the top container port in the world, with its throughput growing by 8.4% in 2017, reaching 40 million TEUs. As the largest exporter, the country plays an important role in the trade between Asia and other countries. Most of the TEUs shipped are east bound, from Asia to North America (among the four container trade routes).
Get a Sample PDF of Report @ https://www.360marketupdates.com/enquiry/request-sample/12887728
The global Shipping Containers market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Highlighted points of Shipping Containers Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
Inquire more and share questions if any before the purchase on this report @ https://www.360marketupdates.com/enquiry/pre-order-enquiry/12887728
Key Developments in the Shipping Containers Market: in the Road Construction Machinery Market
June 2018: Russia imposes additional tariffs on U.S. road construction equipment.
June 2018: Kansas transportation officials are beginning a pilot project to determine how drones could be used in future road design work.
Road Construction Machinery Market
Reasons to Purchase the ReportTo study current and future market outlook in the developed and emerging marketsAnalyzing various perspectives of the market, with the help of Porter’s five forces analysisDetailed analysis of the segment that is expected to dominate the marketRegions that are expected to witness the fastest growth during the forecast periodIdentify the latest developments, market shares, and strategies employed by the major market players3-month analyst’s support, along with the market estimate sheet (in excel)
Purchase this report (Price 4250 USD for a single-user license) @ https://www.360marketupdates.com/purchase/12887728
Finally, the report Global Shipping Containers Market 2020 describes the Shipping Containers industry expansion game plan, the Shipping Containers industry knowledge supply, appendix, analysis findings, and the conclusion.
About 360 Market Updates:
360 Market Updates is a credible source for gaining the market reports that will provide you with the lead your business needs. At 360 Market Updates, our objective is to provide a platform for many top-notch market research firms worldwide to publish their research reports, as well as helping the decision-makers in finding the most suitable market research solutions under one roof. Our aim is to provide the best solution that matches the exact customer requirements. This drives us to provide you with custom or syndicated research reports.
Contact Info: –
360 Market Updates
Mr. Ajay More
USA: +1 424 253 0807
UK: +44 203 239 8187
