In 2018, the Global Container Shipping Market Size valued for USD xx million and anticipated to project the rise of USD xx million in 2025, registering a CAGR of x.x% during the forecast period.

Containers are generally created of aluminum and steel. Individual size and type of container comply with specifications and regulation formulated by the International Organization for Standardization (ISO).

Shipping containers holds a wide variety of types. The most essential type of container shipping market trends is dry cargo. Dry cargo containers are often called as a special containers as it include open end, half-height, open side, open top, refrigerated, modular, flat rack, liquid bulk. These containers are created with a standardized exterior lengths and widths.

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However, open top containers are specifically used for easy loading of cargo such as machineries, and odd sized goods. Flat racks are used for machineries, vehicles, industrial equipment, and boats. Furthermore, open side containers are used for transporting vegetable such as potatoes, onions and more other. Tank containers are used to transport liquids such as oil, wine, chemicals, and petrol.

Each containers has its own unique unit number, which is basically known as box number. Box numbers are used by ship captains, customs officers, crew members, dock supervisors, and warehouse managers to recognize the owner of a container and exactly who is using it to ship goods, and to track the containers location across the world.

Discussing the geographical outlook, North America influences the global container shipping market to improve transportation services in this region. The U.S. efficiently represents the largest market for container shipping followed by Canada in North America. In Europe, Germany, The U.K. Spain, Italy, and France hold the major share of the container shipping market. Asia is anticipated to witness high growth rates in the next five years, as many key players are manufacturing facilities in this region. The increasing number of manufacturing units would result in significant rise in demand for containers. Improving transportation services are boosting growth of the container shipping market in this region. Japan, China, and India are expected to be the fastest-growing container shipping market in Asia.

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Growing demand for transportation services is believed to be a major driver of the global container shipping market 2018. Increasing number of manufacturing units and factories fueled the growth of the global container shipping market. In addition, several government associations are also uplifting growth of the global container shipping market by providing specific guidelines to shipping companies for better results.

Geographically, the global container shipping market 2018 is widely driven in North America, U.S., Canada, Europe, France, Germany, Italy, Spain, U.K., Easter Europe, CIS, APAC, China, India, Japan, Australia, Latin America, Argentina, Brazil, and more others.

Leading players of the global container shipping market include HANJIN, China Ocean Shipping Company, HAPAG-LLOYD, Mediterranean Shipping Company, MAERSK, and China Shipping Container Lines.

Key geographies evaluated in this report are:

• North America
• S
• Canada
• Europe
• France, Germany, Italy, Spain, and the UK
• Eastern Europe
• CIS
• APAC
• China
• India
• Japan
• Australia
• Others
• Latin America
• Argentina
• Brazil
• Others

What to expect from the upcoming report on ‘Global Container Shipping Market’:

- Future prospects and current trends of the global container shipping market 2018 by the end of forecast period. (2017 – 2025).

- Information regarding technological progressions as well as innovations across the world

- Supportive initiatives by government likely to influence the market dynamics.

- In-depth analysis of different market segmentations including regional segmentations, applications and types.

- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market.

- Trends, drivers, opportunities, restraints, challenges and key developments in the market

Who should buy this report?

Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers ,researchers, strategy managers, and academic institutions looking for insights into the market to determine future strategies.

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27 December 2018, The global Container Shipping Market is estimated to exhibit a steady growth over the forecast period owing to increasing number of manufacturing units and factories in developed as well as developing regions. Container shipping makes use of multi-sized vessels, including 20, 40, 45, 48, and 53 feet for the transportation of goods from one place to another. Twenty-foot Equivalent Unit (TEU) and Forty-foot Equivalent Units (FEU) are the most widely used container sizes. The type and size of these containers comply with regulations set by the International Organization of Standardization (ISO) for easy transportation through trains, trucks, cranes, and ships. The most commonly used type is special or dry cargo, which can further include half-height, open side, open top, open end, flat rack, liquid bulk, modular, and refrigerated. Flat racks are used for boats, vehicles, and industrial equipment. Open side vessels are employed for transportation of vegetables, whereas open top are utilized for easy loading of odd-sized machineries and goods.

Moreover, rising demand for transportation services across the globe is also likely to drive the market over the coming years. On the other hand, growing shipping freight may pose a challenge for the global market. However, revolutionizing IT sector and growing usage of automation solutions in container transfer processes at ports, such as ship to shore operations of APM terminals at Rotterdam and the TraPac terminal in LA, are projected to support the industry growth. Furthermore, growing number of mergers and acquisitions activities is projected to have a positive impact on the market growth. For example, Ocean Network Express (ONE), a new joint venture, announced by three Japanese companies including K-Line, NYK, and MOL, received merger approvals in the recent past and the new firm started its operations in April 2018.

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IBM Corp. and Maersk Group recently announced a new blockchain-based joint venture to offer a global trade digitization platform and address the needs for simplicity and transparency in shipping across border and trading zones. Development of block chain technology to support the intercontinental e-commerce will eventually fuel demand for the product in the years to come. The market is expected to witness significant growth in developed regions, such as North America and Europe on account of presence of better transportation services. U.S. is the leading country for container transport in North America, followed by Canada. Whereas in Europe, countries including, U.K., Germany, France, Italy, and Spain, are likely to contribute significantly to the market growth.

Asia Pacific is projected to witness potential growth opportunities on account of presence of several developing nations, including Japan, China, and India and emergence of a number of leading companies due to low labor costs. Rising number of manufacturing units in the region is also contributing significantly to the growth. Key companies are adopting marketing strategies, such as partnerships, mergers and acquisitions, joint ventures, novel product development, and technological innovations in order to strengthen their position in the market. For instance, recently at Innovation Expo 2018, Kotug demonstrated its remote-controlled tug, which can eliminate risks to crew members during normal ship handling operations. The demonstration was a joint industry project supported by several stakeholders including Alphatron. Kotug believes that this development will eventually lead to unmanned autonomous shipping.

Some of the prominent companies operating the global container shipping market are A.P. Moller–Maersk Group; HAPAG-LLOYD AG, China Ocean Shipping Company, Mediterranean Shipping Company S.A., China Shipping Container Lines Co., Ltd., and Hanjin Shipping Co., Ltd.

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