Global Container Fleet Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Container Fleet Market By Product and Application: Global Opportunity Analysis and Industry Forecast, 2018–2025,” the Container Fleet Market was valued at XX million in 2017, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.
History of modern container fleet goes back to 1955 when Malcom P. McLean commercialize the idea of transporting entire truck trailers with cargo still inside. His ideas were based on concept of intermodalism. Transpiration through modern container is simpler and quicker as one container can be lifted from a vehicle directly and can install on ship, train, truck etc. without first having to unload its contents.
Increased international trading activities, global economic growth, increased import- export activities and enhanced industrialization internationally are the major factors driving growth of container fleet market.
The large steel container can be transported through railways, by road and ships without loading and unloading the inside goods and this benefit of containerization is influencing the growth of global container fleet market. However stringent government policies regarding curb pollution at sea is expected to hamper the growth of this market.
This report provides a detailed analysis of container fleet market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and porter’s analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources supported with either bottom up or top down approach.
Global Container Fleet Market is majorly segmented on the basis of Product (Reefer Container, Dry Container and Tank Container), & End-User (Automotive, Oil, Gas and Chemicals, Mining and Minerals, Food and Agriculture, Retails and Other).
By geography, global Container Fleet market is studied across North America, Europe, Asia-Pacific, and LAMEA. Growth of container fleet market in Asia Pacific region is influenced by factors such as expansion of international trading activities, and enhanced industrialization. Additionally, strengthened economies like India and China are fuelling the growth of container fleet in Asia Pacific region.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in global container fleet market and what are their strategies?
• What segment and region will lead the market and why?
The major companies profiled in the report include: Maersk, China COSCO Shipping, MSC, and CMA CGM, Hanjin Shipping, Kawasaki Kisen Kaisha, Ltd. (K Line), Evergreen Marine Corporation, Hyundai Merchant Marine (HMM), Hapag-Lloyd, Mitsui O.S.K., NYK Line, Yang Ming Marine Transport Corporation (Yang Ming), Orient Overseas Container Line, and ZIM Integrated Shipping Services (ZIM).
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