New Report Linker Research Mentions Global Shipping Container Market Size to reach USD$20.02 Billion by 2026
Report Linker has released its latest market report on shipping containers titled, “Shipping Container Market Research Report by Type, by Size, by Region – Global Forecast to 2026 – Cumulative Impact of Covid-19”. In its report summary, it mentions that the global shipping container market size was estimated at USD$14.08 billion in 2020 and expected to reach USD$14.88 billion in 2021, at a compounded annual growth rate (CAGR) of 6.03% from 2020 to 2026 and to reach USD$20.02 billion by 2026.
The report, which can be purchased here, provides market information to allow shipping container stakeholders the ability to make informed decisions through the break down in market sizing & forecast across five major currencies – USD, EUR, GBP, JPY and AUD. The report also covers market revenue forecast and analyses trends in different sub-markets including by type (cargo, car carriers, dry storage, thermal containers, special purpose containers etc), size (40 feet & 20 feet) and by geography (Asia Pacific, Europe, Middle East and more)
In terms of the impact of Covid-19, the research stated in its summary that the virus is an incomparable global public health emergency that has affected almost every industry and the long term effects are projected to impact the industry growth during the forecast period.
“Our ongoing research amplifies our research framework to ensure the inclusion of underlaying Covid-19 issues and potential paths forward. The report is delivering insights on Covid-19 considering the changes in consumer behaviour and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations and forecast, considering the Covid-19 impact on the market,” the summary mentioned.
For stakeholders, the report answers questions like, “what is the market size and forecast of the global shipping container market?”, “what are the inhibiting factors and impact of Covid-19 shaping the global shipping container market during the forecast period?” as well as “what modes and strategic moves are considered suitable for entering the global shipping container market?”
For companies seeking additional market information from industry experts on shipping containers or various shipping container products and modular containers for a wide range of purposes, please visit Solid Horizon’s website here, email the company at solid@sh.engimedia.com.my or call them at 03 3396 3888.