Latin America Modular Container Market Size & Outlook
The modular container market in Latin America is expected to reach a projected revenue of US$ 5,317.5 million by 2030. A compound annual growth rate of 10.4% is expected of Latin America modular container market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,663.0
Forecast, 2030 (US$M)
$5,317.5
CAGR, 2024 - 2030
10.4%
Report Coverage
Latin America
Latin America Modular Container Market, 2017-2030 (US$M)
Global Market
Related Markets
Latin America modular container market highlights
- The Latin America modular container market generated a revenue of USD 2,663.0 million in 2023.
- The market is expected to grow at a CAGR of 10.4% from 2024 to 2030.
- In terms of segment, mobile modular containers was the largest revenue generating type in 2023.
- Mobile Modular Containers is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 2,663.0 million |
| Market revenue in 2030 | USD 5,317.5 million |
| Growth rate | 10.4% (CAGR from 2023 to 2030) |
| Largest segment | Mobile modular containers |
| Fastest growing segment | Mobile Modular Containers |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mobile Modular Containers, Fixed Modular Containers |
| Key market players worldwide | McGrath RentCorp, WillScot Mobile Mini Holdings Corp, Kwikspace, Prefabex, Module-t Prefabricated Building Office Portacabin Construction |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.5% of the global modular container market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13,573.6 million by 2030.
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Modular Container Market Scope
Modular Container Market segmentation & scope
Others
Modular Container Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| McGrath RentCorp | View profile | 1,204 | 5700 Las Positas Road, Livermore, CA, United States, 94551-7800 | www.mgrc.com |
| WillScot Mobile Mini Holdings Corp | View profile | 5,000 | 4646 East Van Buren Street, Suite 400, Phoenix, AZ, United States, 85008 | www.willscotmobilemini.com |
| Kwikspace | View profile | 11-50 | Johannesburg, NA - South Africa, South Africa, Africa | www.kwikspace.co.za/# |
| Prefabex | View profile | 51-100 | Istanbul, Istanbul, Turkey, Europe | www.prefabex.com |
| Module-t Prefabricated Building Office Portacabin Construction | View profile | 51-100 | Kartal, Istanbul, Turkey, Europe | module-t.com/prefabricated-building/ |
Latin America Modular Container Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Modular Container Market Outlook will help companies and investors design strategic landscapes.
Mobile Modular Containers was the largest segment with a revenue share of 62.15% in 2023.
Horizon Databook has segmented the Latin America modular container market based on mobile modular containers, fixed modular containers covering the revenue growth of each sub-segment from 2017 to 2030.
- Latin America Modular Container Market Type Outlook (Revenue, USD Million , 2017-2030)
- Mobile Modular Containers
- Fixed Modular Containers
- Latin America Modular Container Market Revenue Source Outlook (Revenue, USD Million , 2017-2030)
- New Product Sales
- Rental
- Latin America Modular Container Market Usage Outlook (Revenue, USD Million , 2017-2030)
- Office Container
- Sanitory Container
- Locker Container
- Showroom Segment
- Accommodation Containers
- Storage Containers
- Others
- Latin America Modular Container Market Container Size Outlook (Revenue, USD Million , 2017-2030)
- Below 10 Feet
- 10-20 Feet
- 21-40 Feet
- Above 40 Feet
- Latin America Modular Container Market Application Outlook (Revenue, USD Million , 2017-2030)
- Construction
- Industrial
- Education
- Healthcare
- Automotive
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Modular Container Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Modular Container Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Modular Container Market, 2017-2030 (US$M)
Latin America modular container market statistics, by type, 2017-2030 (US$M)
