ISO Shipping Container - Global Market Outlook
According to this report, the Global ISO Shipping Container Market is growing at a CAGR of 8.6% during the forecast period. Growth of
seaborne trade,growing demand for commodities and rising industrial expansion in China are the key driving factors
for the market growth. However, factors
such as the effect on the environment and fluctuating raw material prices are hindering the market
ISO container is any type of shipping container which is designed, manufactured, tested and certified
to the standards of the International Standards
Organisation in terms of size, strength and durability. They are made out of various grades of steel
and built for freight transport. Their intended use is for transportation across modes which include rail, road or sea freight.
Based on Type, High Cube Refrigerated Container segment held considerable market share during
the forecast period which is attributed to the advantage
of the versatility and higher payload. By geography, Asia Pacific is expected to grow at a faster rate
due to is driven by China's low-cost labor and huge dependency
on seaborne trade.
Some of the key players profiled in the ISO Shipping Container market include CIMC, CXIC Group,
Maersk Container Industry, Sea Box, SINGAMAS, Shanghai
Universal Logistics Equipment, Charleston Marine Containers, Hoover Container Solutions, HapagLloyd,
Evergreen Marine Corporation., 3M Company, Cardinal
Health, Inc., Spectrum Chemical Manufacturing Corp., Medline Industries, Inc. and Micronova
—— Select from "ISO Shipping Container - Global Market Outlook (2017-2026) "
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