SAN FRANCISCO, July 4, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Shipping Containers - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
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What's New for 2022?
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to our digital archives and MarketGlass Research Platform
Complimentary updates for one year
Edition: 8; Released: January 2022
Executive Pool: 372
Companies: 33 - Players covered include CARU Containers B.V.; China International Marine Containers Co., Ltd.; CXIC Group Containers Company Limited; IWES LTD.; Maersk Container Industry; OEG OFFSHORE LIMITED; Sea Box, Inc.; Singamas Container Holdings Limited; TLS Offshore Containers International; W&K Container; YMC Container Solutions and Others.
Coverage: All major geographies and key segments
Segments: Segment (Dry Containers, Reefer Containers, Tank Containers, Offshore Containers)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Shipping Containers Market to Reach $8.2 Billion by 2026
Amid the COVID-19 crisis, the global market for Shipping Containers estimated at US$5.4 Billion, is projected to reach a revised size of US$8.2 Billion by 2026, growing at a CAGR of 7% over the analysis period. Dry Containers, one of the segments analyzed in the report, is projected to record a 6.3% CAGR and reach US$5.4 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Reefer Containers segment is readjusted to a revised 9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.6 Billion in 2021, While China is Forecast to Reach $1.7 Billion by 2026
The Shipping Containers market in the U.S. is estimated at US$1.6 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2026 trailing a CAGR of 10.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 6.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.
Tank Containers Segment to Reach US$841.4 Million by the year 2026
In the global Tank Containers segment, USA, Canada, Japan, China and Europe will drive the 6.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$407.1 Million will reach a projected size of US$649.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.