Logistic Containers Market (Container Type - Dry Storage Container, Flat Rack Container, Open Side Containers, Refrigerated ISO Containers, ISO Tanks, Special Purpose Containers, Insulated or Thermal Containers, and Others; Use - Transportation, and Storage; End User - Shipping, Automotive, Manufacturing, Pharmaceuticals, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2030

A recent report published by Infinium Global Research on logistic containers market provides in-depth analysis of segments and sub-segments in the global as well as regional logistic containers market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional logistic containers market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global logistic containers market.

Market Insight:

The global logistic containers market was valued at USD 25.15 billion in 2022 and is expected to reach USD 28.35 billion in 2030, with a CAGR of 1.52% during the forecast period 2023-2030.

The container is a standard transport product that can be handled anywhere in the world (ISO standard) through specialized modes such as ships, trucks, and others, along with equipment and terminals. Containers can carry a wide variety of goods, including commodities, manufactured goods, cars, and refrigerated (perishable) goods. There are adapted containers for dry cargo, liquids like oil and chemical products, and refrigerated cargo. Containers offer lower transport costs due to the advantages of standardization. Moving the same amount of break-bulk freight in a container is about much less expensive than conventional means. The container acts as its warehouse, protecting the cargo it contains. This implies simpler and less expensive packaging for containerized cargo, particularly consumer goods. The stacking capacity on ships, trains (double-stacking), and on the ground (container yards) is a significant advantage of logistics containers.

The logistics container market is experiencing significant growth, driven primarily by the expanding volume of international trade. As global commerce continues to increase, the demand for efficient and reliable transportation solutions becomes more critical. Logistics containers, essential for the safe and efficient movement of goods across long distances, are in higher demand than ever before. This trade growth not only necessitates a larger fleet of containers but also drives innovations and improvements in container design and functionality to meet diverse shipping needs. Additionally, there is a rising demand for specialized containers. These containers are designed to meet specific requirements for transporting various types of goods, such as temperature-controlled containers for perishable items. The need for such tailored solutions is propelling the growth of the logistics container market, as companies seek to ensure the integrity and safety of their products during transit. However, economic downturns can impact the logistics container market growth. During periods of economic instability, global trade volumes often decrease, leading to reduced demand for logistics containers. Nonetheless, the increasing use of smart containers offers a substantial opportunity for the logistics container market. These containers come with advanced features including real-time tracking, temperature monitoring, and enhanced security measures. These advancements result in improved cargo visibility, reduced risk of theft or damage, and increased efficiency and transparency in logistics operations. As more companies recognize the benefits of smart containers in optimizing their logistics operations, the demand for these technologically advanced containers is expected to rise, driving growth of the market in the forecasted period.

The global logistics container market is geographically segmented into North America, Europe, Asia Pacific, and the rest of the world. Among the regions, the Asia Pacific region is anticipated to dominate the logistics container market during the forecasted period. The region has become the hub of global manufacturing and trade activities. Countries like China, India, Japan, and South Korea are major exporters of goods ranging from electronics and automobiles to textiles and machinery. This high volume of exports necessitates a substantial number of logistics containers to facilitate the movement of goods across international borders. The increasing need for efficient supply chain solutions to support expanding industries drives the demand for containers. Moreover, the development of major ports and improvements in maritime infrastructure in the region enhance the efficiency of container handling and shipping operations, further boosting the market. Further, the North America region is expected to grab a significant share of the market during the forecasted period. Countries in the region such as the United States and Canada, have a well-established and sophisticated logistics and transportation infrastructure. Moreover, North America is a major hub for international trade, with substantial imports and exports that drive the demand for logistics containers.

Report Scope of the Logistic Containers Market:

Segment Covered

The report on provides a detailed analysis of segments in the market based on Container Type, Use, and End User.

Segmentation Based on Container Type

·       Shipping

·       Automotive

·       Manufacturing

·       Pharmaceuticals

·       Others

Segmentation Based on Use

·       Shipping

·       Automotive

·       Manufacturing

·       Pharmaceuticals

·       Others

Segmentation Based on End User

·       Shipping

·       Automotive

·       Manufacturing

·       Pharmaceuticals

·       Others

Companies Profiled:

·       China International Marine Containers Co., Ltd

·       Maersk Container Industry

·       DCM Hyundai Limited

·       Singamas Container Holdings Limited

·       Hapag-Lloyd AG

·       Evergreen Marine Corp. (Taiwan) Ltd.

·       COSCO SHIPPING Lines Co., Ltd.

·       Orient Overseas Container Line Limited

·       W&K Containers, Inc.

·       China Eastern Containers

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the logistic containers market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.