Mexico - North America Shipping Container Market, 2020-2028
Mexico - North America Shipping Container Market, 2017-2028 (US$M)
Global Market
Related Markets
Mexico shipping container market highlights
- The Mexico shipping container market generated a revenue of USD 24.0 million in 2020 and is expected to reach USD 51.6 million by 2028.
- The Mexico market is expected to grow at a CAGR of 10% 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 24.0 million |
| Market revenue in 2028 | USD 51.6 million |
| Growth rate | 10% (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, Mexico accounted for 0.4% 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 North America, U.S. shipping container market is projected to lead the regional market in terms of revenue in 2028.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,386.3 million by 2028.
Mexican government’s efforts to improve its maritime trade activities are projected to benefit the growth of shipping container market. For instance, in November 2019, Mexico signed an agreement with Florida Ports Council (FPC), to promote economic development and international commerce.
This will also benefit cost and time savings for both regions, maximizing efficiencies between Mexican Gulf Ports and Florida Ports. Diversion of the U.S. customs officers to immigration tasks from their inspection duties has resulted in cross-border congestion in Mexico.
Thus, delays at borders during transportation from trucks and rails have boosted the interest of shippers to transport materials by sea. This is projected to benefit the shipping lines and is likely to create positive impact on the demand of shipping containers.
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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 |
Mexico - North America 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 96.25% in 2020.
Horizon Databook has segmented the Mexico - North America shipping container market based on iso containers, non-standard containers covering the revenue growth of each sub-segment from 2017 to 2028.
Mexican government’s efforts to improve its maritime trade activities are projected to benefit the growth of shipping container market. For instance, in November 2019, Mexico signed an agreement with Florida Ports Council (FPC), to promote economic development and international commerce.
This will also benefit cost and time savings for both regions, maximizing efficiencies between Mexican Gulf Ports and Florida Ports. Diversion of the U.S. customs officers to immigration tasks from their inspection duties has resulted in cross-border congestion in Mexico.
Thus, delays at borders during transportation from trucks and rails have boosted the interest of shippers to transport materials by sea. This is projected to benefit the shipping lines and is likely to create positive impact on the demand of shipping containers.
- Mexico - North America Shipping Container Market Product Outlook (Revenue, USD Million , 2017-2028)
- ISO Containers
- Non-standard Containers
- Mexico - North America Shipping Container Market Type Outlook (Revenue, USD Million , 2017-2028)
- Dry containers
- Reefer containers
- Tank containers
- Others
- Mexico - North America Shipping Container Market Size Outlook (Revenue, USD Million , 2017-2028)
- 20' Containers
- 40' Containers
- High Cube Containers
- Others
- Mexico - North America Shipping Container Market Flooring Outlook (Revenue, USD Million , 2017-2028)
- Wood
- Bamboo
- Metal
- Vinyl
- Others
- Mexico - North America Shipping Container Market Application Outlook (Revenue, USD Million , 2017-2028)
- Consumer goods transport
- Industrial transport
- Food Transport
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - North America shipping container market report, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America shipping container market report from 2017 to 2028, including revenue numbers, major trends, and company profiles.
Mexico - North America Shipping Container Market, 2017-2028 (US$M)
Mexico shipping container market report statistics, by product, 2017-2028 (US$M)
