The shipping container market in the UAE is expected to reach a projected revenue of US$ 55.8 million by 2028. A compound annual growth rate of 11.2% is expected of the UAE shipping container market from 2021 to 2028.
The UAE shipping container market generated a revenue of USD 23.8 million in 2020 and is expected to reach USD 55.8 million by 2028.
The UAE market is expected to grow at a CAGR of 11.2% 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 23.8 million
Market revenue in 2028
USD 55.8 million
Growth rate
11.2% (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, UAE 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 Middle East & Africa, UAE shipping container market is projected to lead the regional market in terms of revenue in 2028.
UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 55.8 million by 2028.
The shipping container demand in the UAE is largely impacted by exports and other trade activities. The UAE was the 24th leading exporter in the world and exported goods worth USD 248 billion in 2019. The market is projected to benefit from the exports of crude petroleum, refined petroleum, gold, jewelry, and broadcasting equipment, among others.
The key exporting destinations are India, Japan, China, Switzerland, and Saudi Arabia. Investments in ports and infrastructure are projected to generate the demand for shipping containers in the country over the coming years.
For instance, as part of country’s maritime goals, ports such as Abu Dhabi are improving their capabilities to store medical supplies. Recently, the port opened the 19,000 sq. meters cold and ultra-cold storage facility for COVID-19 supply operations.
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 98.32% in 2020.
Horizon Databook has segmented the Uae shipping container market based on iso containers, non-standard containers covering the revenue growth of each sub-segment from 2017 to 2028.
The shipping container demand in the UAE is largely impacted by exports and other trade activities. The UAE was the 24th leading exporter in the world and exported goods worth USD 248 billion in 2019. The market is projected to benefit from the exports of crude petroleum, refined petroleum, gold, jewelry, and broadcasting equipment, among others.
The key exporting destinations are India, Japan, China, Switzerland, and Saudi Arabia. Investments in ports and infrastructure are projected to generate the demand for shipping containers in the country over the coming years.
For instance, as part of country’s maritime goals, ports such as Abu Dhabi are improving their capabilities to store medical supplies. Recently, the port opened the 19,000 sq. meters cold and ultra-cold storage facility for COVID-19 supply operations.
Uae Shipping Container Market Product Outlook (Revenue, USD Million , 2017-2028)
ISO Containers
Non-standard Containers
Uae Shipping Container Market Type Outlook (Revenue, USD Million , 2017-2028)
Dry containers
Reefer containers
Tank containers
Others
Uae Shipping Container Market Size Outlook (Revenue, USD Million , 2017-2028)
20' Containers
40' Containers
High Cube Containers
Others
Uae Shipping Container Market Flooring Outlook (Revenue, USD Million , 2017-2028)
Wood
Bamboo
Metal
Vinyl
Others
Uae 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 UAE shipping container market report, including forecasts for subscribers. This country databook contains high-level insights into UAE shipping container market report from 2017 to 2028, including revenue numbers, major trends, and company profiles.