Modular Container Market Share, Size, Trends, Industry Analysis Report, By Type (Mobile Modular Containers and Fixed Modular Containers); By Revenue Source; By Usage; By Container Size; By Application; By Region; Segment Forecast, 2023 - 2032

Modular Container Market Share, Size, Trends, Industry Analysis Report, By Type (Mobile Modular Containers and Fixed Modular Containers); By Revenue Source; By Usage; By Container Size; By Application; By Region; Segment Forecast, 2023 - 2032

The global modular container market size is expected to reach USD 56,658.50 Million by 2032, according to a new study by Polaris Market Research. The report “Modular Container Market Share, Size, Trends, Industry Analysis Report, By Type (Mobile Modular Containers and Fixed Modular Containers); By Revenue Source; By Usage; By Container Size; By Application; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

A rapid increase in the need and demand for cargo transportation, with the increasing penetration of automation in marine transportation, are escalating various safety norms are key factors propelling the growth of the global market. In addition, the growing focus on the development of manufacturing facilities of containers by key market players and the extensive rise in the penetration of green building projects, which requires modular containers for a variety of purposes including storage of raw materials and many others are influencing the market growth.

In recent years, manufacturers and suppliers are increasingly focusing on developing energy-efficient modular containers for a variety of end-use industries including education, manufacturing, retail, agriculture, and construction and to minimize or reduce the pollution and emission footprint throughout the period the project.

As a result, the introduction of innovative and advanced modular containers, which can be customized as per need and requirements with cost-effectiveness is growing rapidly and impacting the market growth positively.

Modular Container Market Report Highlights

Mobile modular containers segment dominated the market with a healthy share in 2021 due to its various beneficial offerings such as ready-to-use offices and easily portable

Rental segment accounted for the largest global market share in 2022 on account of high penetration for leasing container units instead of selling new ones for revenue generation

Office container segment is expected to grow at the fastest CAGR during the projected period, which is accelerated by higher advancements and development in prefabricated technology

10-20 feet segment held the largest market revenue share on account of its integration in a wide range of applications including locker, office space, and storage

Construction segment is likely to register the highest market growth with a CAGR over the anticipated period, which is mainly driven by the increased prevalence of modular construction across the globe

North American region dominated the global market and held the majority of the share in 2022 owing to a rapid increase in investments and government initiatives to support infrastructure developments.

The global key market players include PODS Enterprises, WillScot Mobile Mini Holding, China International Marine Containers, and Singamas Containers Holdings

Polaris Market Research has segmented the modular container market report based on type, revenue source, usage, container size, application, and region:

Modular Container, Type Outlook (Revenue – USD Million, 2019 – 2032)

Mobile Modular Containers

Fixed Mobile Containers

Modular Container, Revenue Source Channel Outlook (Revenue – USD Million, 2019-2032)

New Product Sales

Rental

Modular Container, Usage Outlook (Revenue – USD Million, 2019 – 2032)

Office Container

Sanitary Container

Locker Container

Showroom Container

Accommodation Container

Storage Containers

Others

Modular Container, Container Size Outlook (Revenue – USD Million, 2019 – 2032)

Below 10 Feet

10-20 Feet

21-40 Feet

Above 40 Feet

Modular Container, Application Outlook (Revenue – USD Million, 2019 – 2032)

Construction

Industrial

Education

Healthcare

Automotive

Others

Modular Container, Regional Outlook (Revenue – USD Million, 2019 – 2032)

North America

U.S

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa