Analysts’ Viewpoint on Container Fleet Market Scenario
Expanding supply chain and import-export activities across the globe are creating value-grab opportunities for players in the global container fleet market. The increase in trading of goods between two or more nations through road, sea, and air is driving the global container fleet market. However, some of the major restraining factors affecting the market growth are regulatory transportation norms in various developing regions, along with consistently rising fuel prices in major economies. Containers are carried by trucks, cargo ships, or cargo planes. It needs a large requirement of fuel in order to travel to different locations. Market players are trying to overcome these challenges through strategies approach.
The transportation sector has been harshly affected by the global spread of the coronavirus across the globe. It has had a huge impact on vehicle production in major developing region. Halted businesses and industrial activities due to forced lockdown have affected the production and manufacturing of container fleets during the pandemic. Although there has been a huge impact on industrial sectors affecting almost all industries, manufacturers from the global container fleet market are taking efforts to recover from the losses. Manufactures are adopting new trends and technologies to develop highly efficient containers.
The growth and expansion of the cargo sector across the globe is expected to create opportunities in a global market. The increasing demand for container fleet in logistics sector is driving the global market. The growing popularity of container fleets is due to assurance of safety and security of goods. Manufacturers in the global market are focusing on using durable materials and advanced technology to build containers. This factor is expected to drive the market for container fleets.
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Due to rising demand for safety in logistics, there is an increasing demand for dry container fleets across the globe. Convenient, spacious, and durable containers are used in various industries, owing to rising trade activities. Digitalization and growth of the eCommerce sector are responsible for the rising adoption of cargo services in order to transport goods from one place to another. Dry containers are widely used in the logistic sector. Reefer containers and tank containers are also popularly used in the transportation of goods.
The increase in international trade among countries is contributing to the container fleet market growth. In addition, market players are gaining profitable revenues due to containerization through sea in an intermodal transportation process. This factor is driving the market for container fleets.
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The global container fleet market is significantly driven by the rapid use in the oil & gas industry across the globe. Transportation of oil gases & chemicals is a major requirement of oil and gas companies in the world. These highly expensive and hazardous products are need to be transported safely. This factor is expected to drive the demand for high performing and efficient containers, which, in turn, is driving the global container fleet market. Rapid industrialization and economic growth are factors responsible for the expansion of container fleet market across the globe.
Governments of various developing nations are more likely to invest in container fleet to boost various transportation activities. In addition, increasing dependency on containers for high transportation capacity is also estimated to create revenue opportunities for market players in the global container fleet market during the forecast period.
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Factors such as rapid industrialization in metropolitan area and improvement in road connectivity are driving the Asia Pacific container fleet market during the forecast period. Asia Pacific is expected to hold a prominent share of the global market in the upcoming years. The growth in the transportation industry is expected to accelerate market expansion.
North America holds business opportunities for container fleet market players due to the presence of key competitors in the region, expanding maritime firms, and technological growth. Key market players operating in the North America container fleet market are marking their presence in the global market by focusing on the development of high performing containers with the help of technological advancements.
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Attribute |
Detail |
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Market Size Value in 2020 |
US$ 12.02 Bn |
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Market Forecast Value in 2031 |
US$ 20.77 Bn |
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Growth Rate (CAGR) |
5.10% |
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Forecast Period |
2021-2031 |
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Quantitative Units |
Units for Volume and US$ Bn for Value |
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Research Scope |
The report covers regional and global container fleet market size, along with key factors influencing the market. |
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Report Coverage |
It includes Executive Summary, Market Overview, Global Market, Regional Market, and Competition Landscape. |
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Format |
Electronic (PDF) |
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Market Segmentation |
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Regions Covered |
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Countries Covered |
|
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Companies Profiled |
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Customization Scope |
Available upon Request |
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Pricing |
Available upon Reques |
This report on the container fleet market provides information on the basis of product type, end-user, and region.
| Product Type |
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| End-user |
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| Region |
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This study also discusses the underlying trends and impact of various factors that are driving the container fleet market, along with their influence on the evolution of the market.
This study also offers Porter’s Five Point Analysis, value chain analysis, regulatory scenario, and a SWOT analysis of the container fleet market, in order to elaborate the crucial growth tactics and opportunities for market players contributing to the market.
In 2016, Container Fleet Market was valued at US$8812.4 mn
Container Fleet Market is estimated to rise at a CAGR of 5.7% during forecast period.
The major applications in Container Fleet Market include automotive, mining and minerals, oil, gas, and chemicals, food and agriculture, and the retail industries.
Asia Pacific is more attractive for vendors in the Container Fleet Market
Key players of Container Fleet Market are Hapag Lloyd (Germany), Maersk Line (Denmark), Westfal-Larsen Shipping A/S (Norway), Kawasaki Kisen Kaisha Ltd. (Japan), Evergreen Marine Corporation (Taiwan) Ltd. (Taiwan), China Ocean Shipping (Group) Company (China), Mitsui O.S.K. Lines, Ltd (Japan), CMA CGM (France), Mediterranean Shipping Corporation S.A. (Switzerland), Hyundai Merchant Marine Co. Ltd. (South Korea).
1. Executive Summary : Global Container Fleet Market
1.1. Global Container Fleet Market Volume (Units) and Value (US$ Bn), 2021‒2031
2. Market Overview
2.1. Introduction
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Opportunity
2.3. Market Factor Analysis
2.3.1. Porter’s Five Force Analysis
2.3.2. Value Chain Analysis
2.3.2.1. List of Key Manufacturers
2.3.2.2. List of Customers
2.3.2.3. Level of Integration
2.3.3. SWOT Analysis
2.4. Regulatory Scenario
2.5. Key Industry Development
2.6. Key Industry Trends
3. Global Container Fleet Market Analysis and Forecast, by Product Type
3.1. Definition
3.2. Market Snapshot
3.3. Global Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by Product Type, 2021‒2031
3.3.1. Dry Container
3.3.2. Reefer Container
3.3.3. Tank Container
4. Global Container Fleet Market Analysis and Forecast, by End-user
4.1. Definition
4.2. Market Snapshot
4.3. Global Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by End-user, 2021‒2031
4.3.1. Automotive
4.3.2. Mining and Minerals
4.3.3. Oil Gas and Chemicals
4.3.4. Food and Agriculture
4.3.5. Retails
5. Global Container Fleet Market Analysis and Forecast, by Region
5.1. Market Snapshot
5.2. Global Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by Region, 2021‒2031
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Middle East & Africa
5.2.5. South America
6. North America Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, 2021‒2031
6.1. Market Snapshot
6.2. North America Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by Product Type
6.2.1. Dry Container
6.2.2. Reefer Container
6.2.3. Tank Container
6.3. North America Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by End-user
6.3.1. Automotive
6.3.2. Mining and Minerals
6.3.3. Oil Gas and Chemicals
6.3.4. Food and Agriculture
6.3.5. Retails
6.4. North America Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by Country
6.4.1. U.S.
6.4.2. Canada
6.4.3. Mexico
7. Europe Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, 2021‒2031
7.1. Market Snapshot
7.2. Europe Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by Product Type
7.2.1. Dry Container
7.2.2. Reefer Container
7.2.3. Tank Container
7.3. Europe Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by End-user
7.3.1. Automotive
7.3.2. Mining and Minerals
7.3.3. Oil Gas and Chemicals
7.3.4. Food and Agriculture
7.3.5. Retails
7.4. Europe Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by Country and Sub-region
7.4.1. Germany
7.4.2. U.K.
7.4.3. France
7.4.4. Italy
7.4.5. Spain
7.4.6. Nordic Countries
7.4.7. Russia & CIS
7.4.8. Rest of Europe
8. Asia Pacific Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, 2021‒2031
8.1. Market Snapshot
8.2. Asia Pacific Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by Product Type
8.2.1. Dry Container
8.2.2. Reefer Container
8.2.3. Tank Container
8.3. Asia Pacific Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by End-user
8.3.1. Automotive
8.3.2. Mining and Minerals
8.3.3. Oil Gas and Chemicals
8.3.4. Food and Agriculture
8.3.5. Retails
8.4. Asia Pacific Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by Country and Sub-region
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. South Korea
8.4.5. ASEAN
8.4.6. ANZ
8.4.7. Rest of Asia Pacific
9. Middle East & Africa Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, 2021‒2031
9.1. Market Snapshot
9.2. Middle East & Africa Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by Product Type
9.2.1. Dry Container
9.2.2. Reefer Container
9.2.3. Tank Container
9.3. Middle East & Africa Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by End-user
9.3.1. Automotive
9.3.2. Mining and Minerals
9.3.3. Oil Gas and Chemicals
9.3.4. Food and Agriculture
9.3.5. Retails
9.4. Middle East & Africa Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by Country and Sub-region
9.4.1. GCC
9.4.2. Turkey
9.4.3. South Africa
9.4.4. Rest of Middle East & Africa
10. South America Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, 2021‒2031
10.1. Market Snapshot
10.2. South America Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by Product Type
10.2.1. Dry Container
10.2.2. Reefer Container
10.2.3. Tank Container
10.3. South America Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by End-user
10.3.1. Automotive
10.3.2. Mining and Minerals
10.3.3. Oil Gas and Chemicals
10.3.4. Food and Agriculture
10.3.5. Retails
10.4. South America Container Fleet Market Volume (Units) & Value (US$ Bn) Forecast, by Country and Sub-region
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Rest of South America
11. Competition Landscape
11.1. Market Analysis By Company (2020)
11.2. Market Player – Competition Matrix (By Tier and Size of companies)
11.3. Key Market Players (Details – Overview, Recent Developments, Strategy)
11.3.1. Hapag Lloyd
11.3.1.1. Overview
11.3.1.2. Recent Developments
11.3.1.3. Strategy
11.3.2. Maersk Line
11.3.2.1. Overview
11.3.2.2. Recent Developments
11.3.2.3. Strategy
11.3.3. Westfal-Larsen Shipping A/S
11.3.3.1. Overview
11.3.3.2. Recent Developments
11.3.3.3. Strategy
11.3.4. Kawasaki Kisen Kaisha Ltd.
11.3.4.1. Overview
11.3.4.2. Recent Developments
11.3.4.3. Strategy
11.3.5. Evergreen Marine Corporation Ltd.
11.3.5.1. Overview
11.3.5.2. Recent Developments
11.3.5.3. Strategy
11.3.6. China Ocean Shipping Company
11.3.6.1. Overview
11.3.6.2. Recent Developments
11.3.6.3. Strategy
11.3.7. Mitsui O.S.K. Lines, Ltd, CMA CGM,
11.3.7.1. Overview
11.3.7.2. Recent Developments
11.3.7.3. Strategy
11.3.8. Mediterranean Shipping Corporation S.A.
11.3.8.1. Overview
11.3.8.2. Recent Developments
11.3.8.3. Strategy
11.3.9. Hyundai Merchant Marine Co. Ltd.
11.3.9.1. Overview
11.3.9.2. Recent Developments
11.3.9.3. Strategy
11.3.10. Other Key Players
11.3.10.1. Overview
11.3.10.2. Recent Developments
11.3.10.3. Strategy
List of Tables
Table 1: Global Container Fleet Market Volume (Units) Forecast, by Product Type, 2021‒2031
Table 2: Global Container Fleet Market Value (US$ Bn) Forecast, by Product Type, 2021‒2031
Table 3: Global Container Fleet Market Volume (Units) Forecast, by End-user, 2021‒2031
Table 4: Global Container Fleet Market Value (US$ Bn) Forecast, by End-user, 2021‒2031
Table 5: Global Container Fleet Market Volume (Units) Forecast, by Region, 2021‒2031
Table 6: Global Container Fleet Market Value (US$ Bn) Forecast, by Region, 2021‒2031
Table 7: North America Container Fleet Market Volume (Units) Forecast, by Product Type, 2021‒2031
Table 8: North America Container Fleet Market Value (US$ Bn) Forecast, by Product Type, 2021‒2031
Table 9: North America Container Fleet Market Volume (Units) Forecast, by End-user, 2021‒2031
Table 10: North America Container Fleet Market Value (US$ Bn) Forecast, by End-user, 2021‒2031
Table 11: North America Container Fleet Market Volume (Units) Forecast, by Country, 2021‒2031
Table 12: North America Container Fleet Market Value (US$ Bn) Forecast, by Country, 2021‒2031
Table 13: Europe Container Fleet Market Volume (Units) Forecast, by Product Type, 2021‒2031
Table 14: Europe Container Fleet Market Value (US$ Bn) Forecast, by Product Type, 2021‒2031
Table 15: Europe Container Fleet Market Volume (Units) Forecast, by End-user, 2021‒2031
Table 16: Europe Container Fleet Market Value (US$ Bn) Forecast, by End-user, 2021‒2031
Table 17: Europe Container Fleet Market Volume (Units) Forecast, by Country and Sub-region, 2021‒2031
Table 18: Europe Container Fleet Market Value (US$ Bn) Forecast, by Country and Sub-region, 2021‒2031
Table 19: Asia Pacific Container Fleet Market Volume (Units) Forecast, by Product Type, 2021‒2031
Table 20: Asia Pacific Container Fleet Market Value (US$ Bn) Forecast, by Product Type, 2021‒2031
Table 21: Asia Pacific Container Fleet Market Volume (Units) Forecast, by End-user, 2021‒2031
Table 22: Asia Pacific Container Fleet Market Value (US$ Bn) Forecast, by End-user, 2021‒2031
Table 23: Asia Pacific Container Fleet Market Volume (Units) Forecast, by Country and Sub-region, 2021‒2031
Table 24: Asia Pacific Container Fleet Market Value (US$ Bn) Forecast, by Country and Sub-region, 2021‒2031
Table 25: Middle East & Africa Container Fleet Market Volume (Units) Forecast, by Product Type, 2021‒2031
Table 26: Middle East & Africa Container Fleet Market Value (US$ Bn) Forecast, by Product Type, 2021‒2031
Table 27: Middle East & Africa Container Fleet Market Volume (Units) Forecast, by End-user, 2021‒2031
Table 28: Middle East & Africa Container Fleet Market Value (US$ Bn) Forecast, by End-user, 2021‒2031
Table 29: Middle East & Africa Container Fleet Market Volume (Units) Forecast, by Country and Sub-region, 2021‒2031
Table 30: Middle East & Africa Container Fleet Market Value (US$ Bn) Forecast, by Country and Sub-region, 2021‒2031
Table 31: South America Container Fleet Market Volume (Units) Forecast, by Product Type, 2021‒2031
Table 32: South America Container Fleet Market Value (US$ Bn) Forecast, by Product Type, 2021‒2031
Table 33: South America Container Fleet Market Volume (Units) Forecast, by End-user, 2021‒2031
Table 34: South America Container Fleet Market Value (US$ Bn) Forecast, by End-user, 2021‒2031
Table 35: South America Container Fleet Market Volume (Units) Forecast, by Country and Sub-region, 2021‒2031
Table 36: South America Container Fleet Market Value (US$ Bn) Forecast, by Country and Sub-region, 2021‒2031
List of Figures
Figure 1: Global Container Fleet Market Value (US$ Bn) Projection, by Product Type, 2021‒2031
Figure 2: Global Container Fleet Market, US$ Bn, Incremental Opportunity, by Product Type, 2021‒2031
Figure 3: Global Container Fleet Market Value (US$ Bn) Projection, by End-user, 2021‒2031
Figure 4: Global Container Fleet Market, US$ Bn, Incremental Opportunity, by End-user, 2021‒2031
Figure 5: Global Container Fleet Market Value (US$ Bn) Projection by Region, 2021‒2031
Figure 6: Global Container Fleet Market, US$ Bn, Incremental Opportunity, by Region, 2021‒2031
Figure 7: North America Container Fleet Market Value (US$ Bn) Projection, by Product Type, 2021‒2031
Figure 8: North America Container Fleet Market, US$ Bn, Incremental Opportunity, by Product Type, 2021‒2031
Figure 9: North America Container Fleet Market Value (US$ Bn) Projection, by End-user, 2021‒2031
Figure 10: North America Container Fleet Market, US$ Bn, Incremental Opportunity, by End-user, 2021‒2031
Figure 11: North America Container Fleet Market Value (US$ Bn) Projection by Country, 2021‒2031
Figure 12: North America Container Fleet Market, US$ Bn, Incremental Opportunity, by Country, 2021‒2031
Figure 13: Europe Container Fleet Market Value (US$ Bn) Projection, by Product Type, 2021‒2031
Figure 14: Europe Container Fleet Market, US$ Bn, Incremental Opportunity, by Product Type, 2021‒2031
Figure 15: Europe Container Fleet Market Value (US$ Bn) Projection, by End-user, 2021‒2031
Figure 16: Europe Container Fleet Market, US$ Bn, Incremental Opportunity, by End-user, 2021‒2031
Figure 17: Europe Container Fleet Market Value (US$ Bn) Projection by Country and Sub-region, 2021‒2031
Figure 18: Europe Container Fleet Market, US$ Bn, Incremental Opportunity, by Country and Sub-region 2021‒2031
Figure 19: Asia Pacific Container Fleet Market Value (US$ Bn) Projection, by Product Type, 2021‒2031
Figure 20: Asia Pacific Container Fleet Market, US$ Bn, Incremental Opportunity, by Product Type, 2021‒2031
Figure 21: Asia Pacific Container Fleet Market Value (US$ Bn) Projection, by End-user, 2021‒2031
Figure 22: Asia Pacific Container Fleet Market, US$ Bn, Incremental Opportunity, by End-user, 2021‒2031
Figure 23: Asia Pacific Container Fleet Market Value (US$ Bn) Projection, by Country and Sub-region, 2021‒2031
Figure 24: Asia Pacific Container Fleet Market, US$ Bn, Incremental Opportunity, by Country and Sub-region 2021‒2031
Figure 25: Middle East & Africa Container Fleet Market Value (US$ Bn) Projection, by Product Type, 2021‒2031
Figure 26: Middle East & Africa Container Fleet Market, US$ Bn, Incremental Opportunity, by Product Type, 2021‒2031
Figure 27: Middle East & Africa Container Fleet Market Value (US$ Bn) Projection, by End-user, 2021‒2031
Figure 28: Middle East & Africa Container Fleet Market, US$ Bn, Incremental Opportunity, by End-user, 2021‒2031
Figure 29: Middle East & Africa Container Fleet Market Value (US$ Bn) Projection by Country and Sub-region, 2021‒2031
Figure 30: Middle East & Africa Container Fleet Market, US$ Bn, Incremental Opportunity, by Country and Sub-region 2021‒2031
Figure 31: South America Container Fleet Market Value (US$ Bn) Projection, by Product Type, 2021‒2031
Figure 32: South America Container Fleet Market, US$ Bn, Incremental Opportunity, by Product Type, 2021‒2031
Figure 33: South America Container Fleet Market Value (US$ Bn) Projection, by End-user, 2021‒2031
Figure 34: South America Container Fleet Market, US$ Bn, Incremental Opportunity, by End-user, 2021‒2031
Figure 35: South America Container Fleet Market Value (US$ Bn) Projection by Country and Sub-region, 2021‒2031
Figure 36: South America Container Fleet Market, US$ Bn, Incremental Opportunity, by Country and Sub-region 2021‒2031
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Container Fleet Market
