China Shipping Container Market, 2020-2028
China Shipping Container Market, 2017-2028 (US$M)
Global Market
Related Markets
China shipping container market highlights
- The China shipping container market generated a revenue of USD 2,595.9 million in 2020 and is expected to reach USD 6,625.0 million by 2028.
- The China market is expected to grow at a CAGR of 12.4% from 2021 to 2028.
- In terms of segment, iso containers was the largest revenue generating product in 2020.
- ISO Containers is the most lucrative product segment registering the fastest growth during the forecast period.
Shipping container market data book summary
| Market revenue in 2020 | USD 2,595.9 million |
| Market revenue in 2028 | USD 6,625.0 million |
| Growth rate | 12.4% (CAGR from 2020 to 2028) |
| Largest segment | Iso containers |
| Fastest growing segment | ISO Containers |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | ISO Containers, Non-standard Containers |
| Key market players worldwide | A. P. Moller Maersk A/S Class A, China International Marine Containers (Group) Co Ltd Class H, Singamas Container Holdings Ltd, Sea Ltd ADR |
Other key industry trends
- In terms of revenue, China accounted for 40.5% of the global shipping container market in 2020.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China shipping container market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 6,625.0 million by 2028.
China is the largest producer and consumer of shipping containers in the international market. Huge industrial sector, large volume production, and exports and imports of industrial goods are the key contributing factors for the growth of Chinese market. The world’s largest bilateral trade happens between China and the U.S.
In 2019, goods worth USD 472 billion were exported by China to the U.S., similarly U.S. exported goods worth USD 132 billion to China. This explains massive scale of trade operations from China and its strategic importance in the global shipping container market. China recovered quickly from disruptions caused by the COVID-19 with an increase in exports at a faster pace. This was mainly due to rapid vaccination programs and easing of lockdown restrictions around the world.
No credit card required*
Publish Date: Dec 16, 2024
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
Shipping Container Market Report
Shipping Container Market Report Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sea Ltd ADR | View profile | 62,700 | 1 Fusionopolis Place, No. 17-10, Galaxis, Singapore, Singapore, 138522 | www.sea.com |
| A. P. Moller Maersk A/S Class A | View profile | 100,000 | Esplanaden 50, Copenhagen, Denmark, 1263 | www.maersk.com |
| China International Marine Containers (Group) Co Ltd Class H | View profile | 50,632 | CIMC R&D Centre, 2 Gangwan Avenue, 8th Floor, Shekou, Nanshan Distritct, Guangdong, Shenzhen, China, People's Republic of, 518067 | www.cimc.com |
| Singamas Container Holdings Ltd | View profile | 3,089 | 75-83 King’s Road, 19th Floor, SUP Tower, Hong Kong, Hong Kong | www.singamas.com |
China shipping container market report
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 Shipping Container Market will help companies and investors design strategic landscapes.
Iso Containers was the largest segment with a revenue share of 98.3% in 2020.
Horizon Databook has segmented the China shipping container market based on iso containers, non-standard containers covering the revenue growth of each sub-segment from 2017 to 2028.
China is the largest producer and consumer of shipping containers in the international market. Huge industrial sector, large volume production, and exports and imports of industrial goods are the key contributing factors for the growth of Chinese market. The world’s largest bilateral trade happens between China and the U.S.
In 2019, goods worth USD 472 billion were exported by China to the U.S., similarly U.S. exported goods worth USD 132 billion to China. This explains massive scale of trade operations from China and its strategic importance in the global shipping container market. China recovered quickly from disruptions caused by the COVID-19 with an increase in exports at a faster pace. This was mainly due to rapid vaccination programs and easing of lockdown restrictions around the world.
- China Shipping Container Market Product Outlook (Revenue, USD Million , 2017-2028)
- ISO Containers
- Non-standard Containers
- China Shipping Container Market Type Outlook (Revenue, USD Million , 2017-2028)
- Dry containers
- Reefer containers
- Tank containers
- Others
- China Shipping Container Market Size Outlook (Revenue, USD Million , 2017-2028)
- 20' Containers
- 40' Containers
- High Cube Containers
- Others
- China Shipping Container Market Flooring Outlook (Revenue, USD Million , 2017-2028)
- Wood
- Bamboo
- Metal
- Vinyl
- Others
- China Shipping Container Market Application Outlook (Revenue, USD Million , 2017-2028)
- Consumer goods transport
- Industrial transport
- Food Transport
- Others
Reasons to subscribe to shipping container market report databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of shipping container market report databook
- Our clientele includes a mix of shipping container market report companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China shipping container market report, including forecasts for subscribers. This country databook contains high-level insights into China shipping container market report from 2017 to 2028, including revenue numbers, major trends, and company profiles.
China Shipping Container Market, 2017-2028 (US$M)
China shipping container market report statistics, by product, 2017-2028 (US$M)
