Europe Shipping Container Market, 2020-2028
Europe Shipping Container Market, 2017-2028 (US$M)
Global Market
Related Markets
Europe shipping container market highlights
- The Europe shipping container market generated a revenue of USD 803.0 million in 2020.
- The market is expected to grow at a CAGR of 11.9% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2021 to 2028.
Europe data book summary
| Market revenue in 2020 | USD 803.0 million |
| Market revenue in 2028 | USD 1,972.3 million |
| Growth rate | 11.9% (CAGR from 2020 to 2028) |
| Largest segment | Iso containers |
| Fastest growing segment | ISO Containers |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 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, Europe region accounted for 12.5% of the global shipping container market in 2020.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,935.7 million by 2028.
Rising maritime trade activities are projected to remain a key growth factor for the European shipping container market. Maritime trade assists in transportation of commodities, food, and industrial items to the rest of the world. Around 90% of Europe’s external freight trade is seaborne.
The U.S., China, Switzerland, and Russia are the top exporting destinations of the European Union and cumulatively accounted for a share of 45.2% in the overall exports of 2020. The COVID-19 severely impacted supply chains across Europe and the world, limiting trade activities in the first quarter of 2020. This created negative impact on the demand of shipping containers.
Countries such as China, Turkey, and Indonesia witnessed a decline of 15% in trade from Europe, while some countries such as Indonesia reported 44% decrease in trade from Europe.
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Publish Date: Dec 16, 2024
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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 |
Europe 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 97.72% in 2020.
Horizon Databook has segmented the Europe shipping container market based on iso containers, non-standard containers covering the revenue growth of each sub-segment from 2017 to 2028.
Rising maritime trade activities are projected to remain a key growth factor for the European shipping container market. Maritime trade assists in transportation of commodities, food, and industrial items to the rest of the world. Around 90% of Europe’s external freight trade is seaborne.
The U.S., China, Switzerland, and Russia are the top exporting destinations of the European Union and cumulatively accounted for a share of 45.2% in the overall exports of 2020. The COVID-19 severely impacted supply chains across Europe and the world, limiting trade activities in the first quarter of 2020. This created negative impact on the demand of shipping containers.
Countries such as China, Turkey, and Indonesia witnessed a decline of 15% in trade from Europe, while some countries such as Indonesia reported 44% decrease in trade from Europe.
- Europe Shipping Container Market Product Outlook (Revenue, USD Million , 2017-2028)
- ISO Containers
- Non-standard Containers
- Europe Shipping Container Market Type Outlook (Revenue, USD Million , 2017-2028)
- Dry containers
- Reefer containers
- Tank containers
- Others
- Europe Shipping Container Market Size Outlook (Revenue, USD Million , 2017-2028)
- 20' Containers
- 40' Containers
- High Cube Containers
- Others
- Europe Shipping Container Market Flooring Outlook (Revenue, USD Million , 2017-2028)
- Wood
- Bamboo
- Metal
- Vinyl
- Others
- Europe Shipping Container Market Application Outlook (Revenue, USD Million , 2017-2028)
- Consumer goods transport
- Industrial transport
- Food Transport
- Others
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Europe Shipping Container Market, 2017-2028 (US$M)
Europe shipping container market report statistics, by product, 2017-2028 (US$M)
