DUBLIN--(BUSINESS WIRE)--The "APAC Shipping Container Market By Size of Container, By Product Type , By Goods Transported (Machinery, Equipment & Electronics; Chemicals & Petrochemicals; Others), By Country, Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.
The APAC Shipping Container Market was valued at $4.5 billion in 2018 and is projected to grow at a CAGR of 4.6% by 2024.
Owing to the factors, such as growing sea-borne trade, and the increasing trend of containerization of goods, strong demand for shipping containers is anticipated during the forecast period. Furthermore, the availability of large coastal line and the presence of the majority of global shipping container manufacturers in Asia-Pacific is fueling the demand for shipping containers in the region. Moreover, increasing government initiatives, and expansion in untapped markets of Asia-Pacific such as India and Indonesia can unfold various opportunities for the growth of the market in the future.
In terms of size of containers, the APAC shipping container market is categorized into a small container (20 feet), a large container (40 feet), high cube container (40 feet) and others. Of all, high cube containers accounted for the majority of the APAC shipping container market for in 2018 and is anticipated to maintain its position during the forecast period as well. This is mainly attributed to the longer life, cost-effective maintenance, high efficiency, and versatility of these containers.
In Asia-Pacific shipping container market, China accounted for more than 40% share in 2018 and is expected to maintain its dominance during the forecast period as well. This is mainly due to the growing demand for commodities and a huge dependency on seaborne trade in the country.
The key players in the APAC shipping container market are TLS Offshore Containers International Pvt Ltd., China International Marine Containers (Group) Ltd (CIMC), Maersk Container Industry AS, W&K Containers Inc. among others.
Years Considered in this Study
- Historical Years: 2014-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Period: 2020-2024
The Objective of the Study
- To analyze and forecast the market size of the APAC shipping container market
- To forecast the APAC shipping container market based on the size of the container, product type, goods transported, and regional distribution
- To identify drivers and challenges for the APAC shipping container market
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the APAC shipping container market
- To conduct pricing analysis for the APAC shipping container market
To identify and analyze the profile of leading players in the APAC shipping container market
Key Topics Covered
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. Factors considered while selecting a supplier
4.2. Product awareness and applicability & usage analysis
4.3. Challenges/issues faced post-purchase
4.4. Unmet needs
5. APAC Shipping Container Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Size of Container (Small Container (20 feet); Large Container (40 feet); High Cube Container (40 feet); Others (45 feet, 48 feet, 53 feet))
5.2.2. By Product Type (Dry Container; Tank Container; Refrigerated Container; Others (Flat Rack Container, Special Purpose Container)
5.2.3. By Goods Transported (Food Products & Grains; Chemicals & Petrochemicals; Machinery, Equipment, & Electronics; Others)
5.2.4. By Country (China; India; Japan; Indonesia; Singapore; Malaysia; South Korea)
5.2.5. By Company (2018)
5.3. Market Attractive Index (By Size of Container; By Product Type; By Goods Transported; By Country)
6. China Shipping Container Market Outlook
7. Singapore Shipping Container Market Outlook
8. South Korea Shipping Container Market Outlook
9. Malaysia Shipping Container Market Outlook
10. Japan Shipping Container Market Outlook
11. Indonesia Shipping Container Market Outlook
12. India Shipping Container Market Outlook
13. Market Dynamics
14. Market Trends & Developments
15. Competitive Landscape
15.1. Competition Outlook
15.2. Company Profiles
15.2.1 Basic Details
15.2.2 Financials (As reported)
15.2.3 Planned Investments
15.2.4 Key Market Focus and Geographical Presence
15.3. APAC Players Profiled (10 Leading Companies)
15.3.1. TLS Offshore Containers International Pvt Ltd.
15.3.2. China International Marine Containers (Group) Ltd. (CIMC)
15.3.3. Maersk Container Industry AS
15.3.4. W&K Containers Inc.
15.3.5. Singamas Container Holdings Limited
15.3.6. Sea Box Inc.
15.3.7. Florens Asset Management Company Limited
15.3.8. CXIC (Changzhou Xinhuachang Int'l Containers Co. Ltd.) Group Containers Company Limited
15.3.9. China Eastern Containers
15.3.10. Guangdong Fuwa Engineering Group Co. Ltd.
16. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/7l1fnl