Global ISO Container Market Size study & Forecast, by Transport Mode (Road, Rail, Marine) by Container Type (Multi-Compartment Tank, Lined Tank, Reefer Tank, Cryogenic & Gas Tanks, Swap Body Tank), by End-use Industry (Chemicals, Petrochemicals, Food & Beverage, Pharmaceuticals, Industrial Gas, Others) and Regional Analysis, 2022-2029
Global ISO Container Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. International Organization for Standardization (ISO) containers are multimodal international containers made to their specifications (ISO). The design of ISO containers considers all from size to the type of steel used in construction to the permitted gross weight. They are made for usage on ships, trains, and trucks. The fundamental goal of an ISO container is to guarantee that it can survive harsh conditions and maintain its structural integrity while being transported by land, rail, or water. Additionally, the ISO regulation guarantees that the containers are of the proper size and strength for safe and even stacking on transportation systems. The surge in demand for highly efficient and superior capacity containers, growing application of remote container management solutions, and rising trade agreements are some prominent factors that are driving the market growth around the world.
The growth of the container shipping industry due to rising containerization and globalization is directly associated with the demand of ISO container in the global market. According to Statista, in 2021, the global shipping container market was estimated to be worth around USD 7.18 billion, which is projected to grow and is likely to reach nearly USD 15.87 by the year 2028. Therefore, these aforementioned factors are exhibiting a positive influence on market growth. Moreover, the rising inclination towards high cube containers, as well as the increasing use of IoT-based solutions in ISO containers are presenting various lucrative opportunities over the forecasting years. However, the presence of stringent government regulations and high initial investment requirements are challenging the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global ISO Container Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to the high demand for shipping containers, along with the rapid construction of warehouses and distribution centers in the region. Whereas, Europe is expected to grow with the highest CAGR during the forecast period, owing to factors such as growing industrial capabilities, as well as increasing investments to expand its ports and shipping capacity in the market space.
Major market players included in this report are:
Intermodal Tank Transport
Bertschi AG
Bulkhaul Limited
Royal Den Hartogh Logistics
HOYER GmbH
Interflow TCS Ltd.
New Port Tank
Sinochain Logistics Co., Ltd
Stolt-Nielsen Limited
VTG Tanktainer GmbH
Recent Developments in the Market:
In November 2021, Royal Den Hartogh Logistics announced that the company merged with MUTO Group- an independent logistics service provider for the Korean chemical and petrochemical market. The aim of this strategic initiative is to enlarge the regional presence of both organizations.
In September 2020, Den Hartogh Holding B.V.’s Board of Directors unveiled the acquisition of maximum shares of XT Logistics with the objective of boost Den Hartogh’s ability to deliver logistics services for chemicals in China.
In March 2020, Bertschi AG announced that the company partnered with Mapon. Bertschi AG to conduct training and improvement programs to drivers the better quality of their driving and safety of operations.
Global ISO Container Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Transport Mode, Container Type, End-use Industry, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Transport Mode:
Road
Rail
Marine
By Container Type:
Multi-Compartment Tank
Lined Tank
Reefer Tank
Cryogenic & Gas Tanks
Swap Body Tank
By End-use Industry:
Chemicals
Petrochemicals
Food & Beverage
Pharmaceuticals
Industrial Gas
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies Mentioned
Intermodal Tank Transport
Bertschi AG
Bulkhaul Limited
Royal Den Hartogh Logistics
HOYER GmbH
Interflow TCS Ltd.
New Port Tank
Sinochain Logistics Co., Ltd
Stolt-Nielsen Limited
VTG Tanktainer GmbH
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