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Allied Market Research

Container Market by Container Size (Small Containers, Large Containers, High Cube Containers), by Product Type (Dry Storage Containers, Flat Rack Containers, Refrigerated Containers, Special Purpose Containers, and Others), and End Use (Food & Beverages, Consumer Goods, Healthcare, Industrial Products, Vehicle Transport, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A08911
Pages: NA
Dec 2020 | 46 Views
 
Author(s) : NA
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Container Market Outlook - 2027

The rising globalization and industrialization have paved the way for the container market. A container is a closed steel box packaging mechanism which is used across different application. The primary use of containers is to store and transport materials and products efficiently and with safety. Moreover, the containers are widely available in different size according to the end application. The containers are engineered to withstand the stresses of shipping to facilitate handling of material. The material used for container is usually aluminum or steel due to its high strength properties. Increase of sea borne trade and growth of e-commerce sector is favoring the demand for container market. 

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Container size, product type, end use

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa

  Companies covered

CIMC, W&K Container Inc, Daikin Industries, Maersk Container Industry, TLS Offshore Containers International, YMC Container Solutions, DCM Hyundai, Singamas, CXIC, CEC

 

COVID-19 scenario analysis: 

  • Due to Coronavirus (COVID-19), the worldwide governments are taking necessary precautionary measures.
  • Besides, the novel coronavirus outbreak is having an impact on the logistics industry and is set to cause more disruptions.
  • However, many sectors operation are running like essential services have been exempted from restriction laid by governments.
  • Additionally, rising social distancing norms is increasing the demand for e-commerce sector. For instance, Walmart has achieved all time high downloads in the U.S. during the pandemic period. As a result, the rising e-commerce sector is fueling the container market.

Top impacting factors: market scenario analysis, trends, drivers and impact analysis

Rise in trade activities and development of supply chain and logistics sector is primarily driving the container market. Additionally, increasing trend for containerization of goods for enhanced security is propelling the demand for container market. Besides, advancements in containers according to the demanding application from various sector is proliferating the container market growth. Moreover, rising need of container to transport vehicles is fueling the container market. However, fluctuation in transportation cost and introduction of more efficient packaging solutions at cheaper costs is restraining the container market. Furthermore, expansion of production facilities is bolstering the container market growth. 

The container market trends are as follows:

Innovation to drive the market growth 

The rising demand for container manufacturing industry is increasing with expansion of trade activities. As a result, the need for innovation is a necessity to fulfil the demand from various sectors. Additionally, introduction in IoT and outline of industry 4.0 has brought revolutionary changes in container segment. The manufacturers are thereby developing various platforms for fulfilling these demands. For instance, in 2017, Arviem launched real-time container monitoring and tracking services. Accordingly, improvement in security is essential in container. To fulfil the security needs, Princeton Identity created a multi-biometric access control system for container in 2018. 

Rising demand for refrigerated containers

A refrigerated container is an enclosed unit engineered to transport goods at specific temperatures.  The container needs external power for operation. They look almost identical to regular containers but function as large refrigerators that can control the temperature of their goods. The development of global supply chain and growth of cold chain logistics is primarily driving the market of refrigerated containers. In 2020, Maersk delivered 1,800 empty refrigerated 40-foot containers to South Africa to support the nation’s agricultural sector.

Key segments covered:

Segments

Sub-segments

  Container size

  • Small Containers
  • Large Containers
  • High Cube Containers

  Product type

  • Dry Storage Containers
  • Flat Rack Containers
  • Refrigerated Containers
  • Special Purpose Containers
  • Others

  End use

  • Food & Beverages
  • Consumer Goods
  • Healthcare
  • Industrial Products
  • Vehicle Transport
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the container industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed container market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the container market research report:

  • What are the leading market players active in the container market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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