According to the latest report by IMARC Group, titled “Container Fleet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028″, offers a comprehensive analysis of the industry, which comprises insights on the market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
How big is the container fleet market?
The global container fleet market size reached US$ 11.8 billion in 2022 and market to reach US$ 17.4 billion by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.
What is a container fleet?
Container fleet is designed to carry shipping containers, which are standardized metal boxes used for the transportation of goods. Some common types of container fleets include dry containers, tank containers, and reefer containers. This is considered one of the most feasible procedures to transfer high quantities of freight. The container fleet is extensively employed to carry clothing, electronics, fuel, household cleaners, automotive components, vehicles, and beauty supplies. Consequently, it is utilized across the food, agriculture, automotive, chemicals, mining and minerals, oil and gas, and electronics industries.
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What are the emerging trends in the container fleet market?
The increasing expansion of the supply chain, along with the rising import-export industry is driving the market growth across the globe. In addition to this, the increasing demand for safety in logistics owing to the rising trade activities is aiding the growth of the market.
Apart from this, the rise in the demand for high-capacity vessels is propelling the growth of the market. In line with this, the container fleet stocks up more containers at a time and reduces the cost of operation, which, in turn, is contributing to the market growth. Furthermore, various manufacturers as well as logistics companies are preferring technology-enabled containers that do not impact the physical and qualitative properties of the product, which is expected to create a positive outlook for the market.
Who are the key players operating in the industry?
The report covers the major market players including:
Container Fleet Key Companies:
- P. Møller – Mærsk A/S
- China COSCO Shipping Corporation Limited
- CMA CGM S.A.
- Evergreen Marine Corporation
- Hapag-Lloyd AG
- Matson Inc.
- MSC Mediterranean Shipping Company S.A.
- Ocean Network Express Pte. Ltd.
- Orient Overseas Container Line Limited
- Pacific International Lines Pte. Ltd.
- Unifeeder A/S (DP World)
- Wan Hai Lines Ltd.
- Yang Ming Marine Transport Corporation
- ZIM Integrated Shipping Services Ltd. (Kenon Holdings Ltd)
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Market Segmentation:
The report has segmented the global container fleet market on the basis of type, end user and Region.
Breakup by Type:
- Dry Container
- Reefer Container
- Tank Container
- Special Container
Breakup by End User:
- Automotive
- Oil and Gas
- Food
- Mining and Minerals
- Agriculture
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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