Shipping Containers Market
By Size;
Small Container (20 Feet), Large Container (40 Feet), and High Cube ContainerBy Product ;
ISO Containers and Non-Standardized ContainersBy Flooring;
Wood, Metal, Bamboo, Vinyl, and OthersBy Type;
Dry Storage Container, Refrigerated Container, and Tank ContainerBy End-User;
Food & Beverages, Consumer Goods, Healthcare, Industrial Products, Vehicle Transport, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Shipping Containers Market Overview
Shipping Containers Market (USD Million)
Shipping Containers Market was valued at USD 10,777.55 million in the year 2024. The size of this market is expected to increase to USD 14,568.79 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.
Shipping Containers Market
*Market size in USD million
CAGR 4.4 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 4.4 % |
Market Size (2024) | USD 10,777.55 Million |
Market Size (2031) | USD 14,568.79 Million |
Market Concentration | High |
Report Pages | 372 |
Major Players
- TLS Offshore Containers International Pvt Ltd
- China International Marine Containers (Group) Ltd (CIMC)
- Maersk Container Industry AS
- W&K Containers Inc.
- Singamas Container Holdings Limited
- YMC Container Solutions
- Sea Box Inc.
- Dong Fang International Container (Hong Kong) Co. Ltd / Oriental International
- CXIC
- Storstac Inc.
- China Eastern Containers
- CARU Containers B.V.
- American Intermodal Container Manufacturing Company (AICM)
- Valisons & Co.
- Ritveyraaj Cargo Shipping Containers
- ContainerWest Manufacturing Ltd
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Shipping Containers Market
Fragmented - Highly competitive market without dominant players
The Shipping Containers Market is witnessing robust expansion owing to the rise in international trade volumes and evolving logistics networks. With over 68% of goods transported through containerized freight, demand for efficient and scalable storage and transport solutions has grown significantly. This growth is further fueled by advancements in intermodal transport, which simplify the transition between road, rail, and sea logistics.
Innovations Enhancing Product Utility
Manufacturers are increasingly focusing on customizable and reusable container designs, boosting operational efficiency and reducing costs. Approximately 42% of newly produced containers now incorporate smart tracking technologies, enabling real-time monitoring of shipments. The use of corrosion-resistant materials has also seen a 39% uptick, aimed at improving longevity and reducing maintenance.
Shift Toward Sustainable Container Solutions
The market is observing a notable transition toward eco-friendly container manufacturing, with recycled steel usage growing by over 33%. Additionally, collapsible and modular containers are gaining preference due to their space-saving benefits and lower carbon footprint. This shift aligns with global efforts to cut emissions and promote sustainable logistics practices.
Increased Demand from E-Commerce and Retail
The boom in e-commerce and direct-to-consumer logistics is driving a sharp rise in containerized transport demand, especially for smaller-sized and specialized containers. The e-commerce sector alone has contributed to a 45% surge in demand for short-haul container shipments. This reinforces the market’s critical role in meeting evolving consumer delivery expectations.
Shipping Containers Market Recent Developments
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In February 2024, CMA CGM completed its largest-ever acquisition by taking over Bolloré Logistics for approximately 4.85 billion (5 billion), significantly boosting its global logistics footprint.This strategic move enhances CMA CGM’s CEVA unit with new capabilities in pharmaceuticals, cosmetics, and luxury goods distribution, positioning it among the top five global logistics players.
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In July 2021, Hapag‑Lloyd strengthened its African operations by acquiring NileDutch, a leading West Africa container carrier, enhancing its access to regional markets and logistics networks.The deal supports Hapag‑Lloyd’s expansion strategy into high-growth corridors in Africa, diversifying its liner-shipping services.
Shipping Containers Market Segment Analysis
In this report, the Shipping Containers Market has been segmented by Size, Product, Flooring, Type, End-User, and Geography.
Shipping Containers Market, Segmentation by Size
The Shipping Containers Market has been segmented by Size into Small Container (20 Feet), Large Container (40 Feet), and High Cube Container
Small Container (20 Feet)
The 20-foot small shipping container is a widely used standard in international trade, especially for transporting lightweight goods or low-volume shipments. Its compact size makes it ideal for intermodal transport and ease of handling in congested ports or warehouses. This segment accounts for approximately 30% of the global shipping container market due to its affordability and flexibility.
Large Container (40 Feet)
The 40-foot large container is the most commonly used container size globally, preferred for its ability to handle high-volume cargo efficiently. It is widely used across sectors like manufacturing, consumer goods, and e-commerce. Representing nearly 50% of the shipping container demand, it offers a balance between cost-efficiency and cargo capacity for long-haul shipments.
High Cube Container
The high cube container is similar in footprint to the 40-foot container but provides an extra foot of internal height, making it ideal for bulky or voluminous cargo such as machinery or textiles. It is favored by logistics operators seeking increased internal volume without expanding the container’s footprint. This segment contributes to around 20% of the total market share and is steadily gaining traction in specialized logistics.
Shipping Containers Market, Segmentation by Product
The Shipping Containers Market has been segmented by Product into ISO Containers and Non-Standardized Containers
ISO Containers
ISO containers dominate the global shipping container market due to their strict adherence to international standards for dimensions, strength, and durability. These containers are widely used for intermodal freight transport, ensuring compatibility across ships, trucks, and trains. ISO containers make up nearly 80% of the market, driven by their efficiency, safety, and global interoperability.
Non-Standardized Containers
Non-standardized containers are designed for customized cargo needs or regional transport that does not require international compliance. Often used in specialized industries or for short-distance logistics, they offer flexibility in design and dimensions. This segment accounts for around 20% of the market, catering to niche or irregular shipping requirements.
Shipping Containers Market, Segmentation by Flooring
The Shipping Containers Market has been segmented by Flooring into Wood, Metal, Bamboo, Vinyl, and Others
Wood
Wooden flooring is the most commonly used type in shipping containers, especially plywood derived from hardwoods like bamboo or keruing. It offers a cost-effective and durable surface for general cargo. This segment accounts for approximately 60% of the market due to its affordability, shock resistance, and ease of repair.
Metal
Metal flooring—often made of steel or aluminum—is preferred for heavy-duty or industrial applications. Known for its high strength and fire resistance, it is ideal for transporting hazardous or heavy materials. This segment represents around 15% of the market and is growing with increased use in specialized containers.
Bamboo
Bamboo flooring is emerging as a sustainable alternative to traditional hardwoods, offering similar durability with a lower environmental footprint. Used mainly in eco-conscious container production, it holds about 10% of the market and is gaining popularity due to its renewability and strength.
Vinyl
Vinyl flooring provides a clean, smooth, and chemical-resistant surface, ideal for containers used in pharmaceuticals, food, or personal care logistics. It offers low maintenance and high hygiene, making up nearly 8% of the market share.
Others
The Others segment includes composite materials, rubberized flooring, and other customized options used for specialized needs. These cater to unique container applications and account for roughly 7% of the flooring market.
Shipping Containers Market, Segmentation by Type
The Shipping Containers Market has been segmented by Type into Dry Storage Container, Refrigerated Container, and Tank Container.
Dry Storage Container
Dry storage containers are the most common and versatile type, primarily used for transporting general cargo such as electronics, textiles, and furniture. These containers are typically 20 or 40 feet in size and are ideal for goods that don’t require temperature control. This segment holds the largest share—around 70% of the global market—due to its wide applicability and cost-effectiveness.
Refrigerated Container
Refrigerated containers or "reefers" are designed for temperature-sensitive goods such as pharmaceuticals, fresh produce, meat, and dairy. These containers maintain specific temperature ranges throughout long-haul shipments, ensuring product integrity. They account for approximately 20% of the shipping container market and are growing in demand due to the expansion of cold chain logistics.
Tank Container
Tank containers are specialized units used for transporting liquids, chemicals, gases, and food-grade substances. Made of stainless steel and surrounded by protective frames, they are designed for both safety and efficiency. This segment makes up nearly 10% of the market and plays a vital role in hazardous and bulk liquid logistics.
Shipping Containers Market, Segmentation by End-User
The Shipping Containers Market has been segmented by End-User into Food and Beverages, Consumer Goods, Healthcare, Industrial Products, Vehicle Transport, and Others.
Food and Beverages
Food and beverage companies heavily rely on containers, especially refrigerated units, to ship perishable goods like fruits, vegetables, dairy, and beverages. This segment accounts for approximately 25% of the market, driven by the global demand for cold chain logistics and food safety in international trade.
Consumer Goods
The consumer goods segment utilizes shipping containers for a wide range of items, including apparel, electronics, furniture, and household essentials. With rising e-commerce and retail globalization, this segment contributes nearly 22% to the market and emphasizes the need for efficient, secure, and scalable transport solutions.
Healthcare
The healthcare sector uses containers—especially temperature-controlled containers—to ship pharmaceuticals, vaccines, and medical devices. Maintaining product integrity is critical, and this segment accounts for around 15% of the total market, benefiting from the growth in global pharmaceutical distribution.
Industrial Products
Industrial products such as machinery, tools, and raw materials require durable containers, often with custom flooring or reinforced walls. This segment comprises about 18% of the market and benefits from the rise in global manufacturing and engineering exports.
Vehicle Transport
The vehicle transport segment uses specialized containers to ship automobiles, motorcycles, and spare parts. This niche holds nearly 10% of the market and supports global auto trade with containers designed for secure, stackable transport of vehicles.
Others
The Others segment includes sectors like chemicals, textiles, defense, and education materials. Although diverse in nature, these collectively make up about 10% of the market and often require customized or specialized containers based on unique shipping needs.
Shipping Containers Market, Segmentation by Geography
In this report, the Shipping Containers Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Regions and Countries Analyzed in this Report
Shipping Containers Market Share (%), by Geographical Region
North America
North America holds a significant share in the shipping containers market due to its strong infrastructure and demand from industries like retail, automotive, and food & beverage. The U.S. drives container demand through its robust import-export activity. This region contributes to around 20% of the global market share.
Europe
Europe is a mature market for shipping containers, supported by advanced logistics systems and high containerization rates. Countries like Germany, the Netherlands, and the UK play key roles in intermodal transport and automotive exports. Europe accounts for approximately 18% of the global market.
Asia Pacific
Asia Pacific dominates the shipping containers market with over 45% share, fueled by the presence of major manufacturing hubs and top port economies like China, India, Japan, and South Korea. The region benefits from high trade volumes, industrial growth, and massive container production in China.
Middle East and Africa
Middle East and Africa are emerging markets, showing steady growth driven by increased infrastructure investment, energy exports, and strategic port developments like the UAE and Saudi Arabia. This region represents around 9% of the global market.
Latin America
Latin America is gradually expanding its share in the shipping container market due to improvements in trade corridors and port modernization, especially in Brazil, Chile, and Mexico. This region contributes close to 8% of the market, driven by growing trade in agriculture and raw materials.
Shipping Containers Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Shipping Containers Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Growth in global seaborne trade volume
- Expansion of e-commerce and cross-border logistics
- Rising demand for intermodal container transport
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Infrastructure development in emerging port markets - Major investments in deep-water berths, automated cranes, and multimodal corridors across Asia, Africa, and Latin America are lifting demand for new shipping containers. Larger vessels offload more boxes per call, and upgraded yards must stock ample dry, reefer, and specialty units to keep pace.
Free-trade zones and inland depots linked by rail and express highways create continuous container flow between seaports and interior markets. Consistent equipment availability becomes crucial for exporters tapping global supply chains.
Government incentives—from customs digitization to tariff relief—attract liners and leasing firms eager to position fleets in these fast-growing hubs, fueling a sustained uptick in container procurement.
With developing economies prioritizing port modernization as an engine of trade, the steady rollout of state-of-the-art terminal infrastructure will continue to underpin container demand worldwide.
Restraints
- Fluctuating steel prices impacting container costs
- Limited container availability during peak seasons
- High capital investment for smart container tech
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Environmental concerns over container disposal - After decades of service, thousands of steel boxes reach retirement each year, creating significant disposal and recycling challenges. Abandoned units clutter ports and industrial zones, while improper scrapping releases pollutants and wastes valuable metal.
Regulators are tightening rules on materials recovery, emissions, and waste tracking. Compliance requires costly dismantling, certified recyclers, and verified chain-of-custody documentation—expenses that eat into operator margins.
Without standardized global protocols, inconsistent practices persist: some owners repurpose units responsibly, others leave them idle or send them to under-regulated yards. The absence of a coherent framework prolongs the environmental burden.
Until the industry adopts circular-economy design, reusable components, and harmonized take-back schemes, disposal concerns will continue to limit sustainable growth and attract greater scrutiny from policymakers and investors.
Opportunities
- Adoption of IoT-enabled smart containers
- Surging demand for refrigerated container solutions
- Rise in modular container construction applications
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Government support for trade and export zones - Many governments are fast-tracking special economic zones, bonded logistics parks, and inland container depots to boost export competitiveness. Reduced tariffs, streamlined customs, and tax breaks make containerized trade the preferred mode for manufacturers and agribusinesses.
Public-private partnerships channel capital into cold-chain facilities, smart gates, and IoT tracking, raising the bar for efficient, secure container handling. Shippers reward ports that offer transparent, accelerated clearance with increased volumes.
Leasing firms and ocean carriers respond by repositioning fleets to capture new trade lanes, driving up orders for both standard and specialized boxes. Demand spreads beyond coastal hubs to hinterland depots, widening the addressable market.
As nations compete to attract foreign direct investment through container-friendly policy frameworks, suppliers that align with these initiatives stand to gain from higher utilization rates and stronger, government-backed market stability.
Shipping Containers Market Competitive Landscape Analysis
Key players in Shipping Containers Market include:
- TLS Offshore Containers International Pvt Ltd
- China International Marine Containers (Group) Ltd (CIMC)
- Maersk Container Industry AS
- W&K Containers Inc.
- Singamas Container Holdings Limited
- YMC Container Solutions
- Sea Box Inc.
- Dong Fang International Container (Hong Kong) Co. Ltd / Oriental International
- CXIC
- Storstac Inc.
- China Eastern Containers
- CARU Containers B.V.
- American Intermodal Container Manufacturing Company (AICM)
- Valisons & Co.
- Ritveyraaj Cargo Shipping Containers
- ContainerWest Manufacturing Ltd
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Size
- Market Snapshot, By Product
- Market Snapshot, By Flooring
- Market Snapshot, By Type
- Market Snapshot, By End-User
- Market Snapshot, By Region
- Shipping Containers Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Growth in global seaborne trade volume
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Expansion of e-commerce and cross-border logistics
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Rising demand for intermodal container transport
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Infrastructure development in emerging port markets
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- Restraints
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Fluctuating steel prices impacting container costs
-
Limited container availability during peak seasons
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High capital investment for smart container tech
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Environmental concerns over container disposal
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- Opportunities
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Adoption of IoT-enabled smart containers
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Surging demand for refrigerated container solutions
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Rise in modular container construction applications
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Government support for trade and export zones
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Shipping Containers Market, By Size, 2021 - 2031 (USD Million)
- Small Container (20 Feet)
- Large Container (40 Feet)
- High Cube Container
- Shipping Containers Market, By Product, 2021 - 2031 (USD Million)
- ISO Containers
- Non-Standardized Containers
- Shipping Containers Market, By Flooring, 2021 - 2031 (USD Million)
- Wood
- Metal
- Bamboo
- Vinyl
- Others
- Shipping Containers Market, By Type, 2021 - 2031 (USD Million)
- Dry Storage Container
- Refrigerated Container
- Tank Container
- Shipping Containers Market, By End-User, 2021 - 2031 (USD Million)
- Food & Beverages
- Consumer Goods
- Healthcare
- Industrial Products
- Vehicle Transport
- Others
- Shipping Containers Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Shipping Containers Market, By Size, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- TLS Offshore Containers International Pvt Ltd
- China International Marine Containers (Group) Ltd (CIMC)
- Maersk Container Industry AS
- W&K Containers Inc.
- Singamas Container Holdings Limited
- YMC Container Solutions
- Sea Box Inc.
- Dong Fang International Container (Hong Kong) Co. Ltd / Oriental International
- CXIC
- Storstac Inc.
- China Eastern Containers
- CARU Containers B.V.
- American Intermodal Container Manufacturing Company (AICM)
- Valisons & Co.
- Ritveyraaj Cargo Shipping Containers
- ContainerWest Manufacturing Ltd
- Company Profiles
- Analyst Views
- Future Outlook of the Market