ISO Shipping Container - Global Market Outlook
2019-04-23
According to this report, the Global ISO Shipping Container Market is growing at a CAGR of 8.6% during
the forecast period. Growth of seaborne trade, growing demand for commodities and rising industrial expansion
in China are the key driving factors for the market growth. However, factors such as the effect on the environment
and fluctuating raw material prices are hindering the market growth.
ISO container is any type of shipping container which is designed, manufactured, tested and certified to the
standards of the International Standards Organisation in terms of size, strength and durability. They are made out
of various grades of steel and built for freight transport. Their intended use is for transportation across modes which
include rail, road or sea freight.
Based on Type, High Cube Refrigerated Container segment held considerable market share during the forecast period
which is attributed to the advantage of the versatility and higher payload. By geography, Asia Pacific is expected to grow
at a faster rate due to is driven by China's low-cost labor and huge dependency on seaborne trade.
Some of the key players profiled in the ISO Shipping Container market include CIMC, CXIC Group, Maersk Container Industry,
Sea Box, SINGAMAS, Shanghai Universal Logistics Equipment, Charleston Marine Containers, Hoover Container Solutions,
HapagLloyd, Evergreen Marine Corporation., 3M Company, Cardinal Health, Inc., Spectrum Chemical Manufacturing Corp.,
Medline Industries, Inc. and Micronova Manufacturing Inc.
—— Select from "ISO Shipping Container - Global Market Outlook (2017-2026) "
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