How big is the Container Shipping Market?

The Container Shipping Market size is expected to reach USD 116.04 billion in 2024 and grow at a CAGR of 3.11% to reach USD 134.03 billion by 2029. Read More

What is the current Container Shipping Market size?

In 2024, the Container Shipping Market size is expected to reach USD 116.04 billion. Read More

Who are the key players in Container Shipping Market?

A. P. Moller-Maersk A/S, MSC Mediterranean Shipping Company S. A., CMA CGM, China COSCO Holdings Company Limited and Hapag-Lloyd are the major companies operating in the Container Shipping Market. Read More

Which is the fastest growing region in Container Shipping Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Container Shipping Market?

In 2024, the North America accounts for the largest market share in Container Shipping Market. Read More

What years does this Container Shipping Market cover, and what was the market size in 2023?

In 2023, the Container Shipping Market size was estimated at USD 112.43 billion. The report covers the Container Shipping Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Container Shipping Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Which end-user industries are major contributors to the Shipping Container Market?

Major end-user industries that significantly contribute to the Shipping Container Market include a) Food and Beverages b) Consumer Goods and Healthcare c) Industrial Products and Vehicle Transport Read More

Container Shipping Market - Size, Share & Growth Analysis

Container Shipping Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The Container Shipping Market Report is Segmented by Size (Small, Large, And High Cube Containers), Type (General Container Shipping and Reefer Container Shipping), And Geography (North America, Europe, Asia-pacific, Middle East and Africa, And South America). The Report Offers Market Size Forecasts for the Container Shipping Market Value (USD) for all the Above Segments.

Container Shipping Industry Overview

The container shipping market is fragmented in nature, with the presence of many international companies. The top players in the segment include Maersk, MSC, CMA, COSCO, and Hapag Lloyd. Due to the increased seaborne trade and industrialization worldwide, the global shipping container market is expected to grow steadily.

The growth of the shipping container market is supported by increased demand for cargo transport via ships and a rise in trade-tied agreements. In addition, the growth of the shipping container market is affected by fluctuations in transportation and storage costs. Nevertheless, growth prospects for the market in the forecast period will be driven by factors such as a planned shift towards automation of shipping and increased safety standards at sea.