March 2025
The global shipping container market size was evaluated at US$ 10.41 billion in 2024 and is expected to attain around US$ 33.81 billion by 2034, growing at a CAGR of 12.5% from 2025 to 2034.
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A shipping container is a type of container which is considered suitable for product storage, handling, and shipment. There is a wide variety of these containers for several sectors such as pharmaceuticals, food & beverages, personal care & cosmetics, electronics, and many more. This market experiences robust growth due to the rising international trade which requires enhanced quality containers for safe transportation of products. These are reusable containers made up of steel utilized for intermodal transportation to the global corrugated boxes. Technological advancement, evolving customer preferences, and sustainability programs have enhanced the scope of enhancement for the market players.
Several major companies such as Maersk Line India Private Limited, Mediterranean Shipping Company, CMA CGM, Hapag-Lloyd, Ocean Network Express (ONE) Pte. Ltd, Yang Ming Marine Transport Corporation, and many others are introducing innovation in this market significantly which increases the demand for this market. The rising demand for safe transportation of a variety of products has influenced the growth of the shipping container market.
In the shipping container, there is a huge impact AI as it is extensively used for tracking routes, planning, security, and operational efficacy by recognizing the huge data gathered and enhancing the potential of the market. The major challenge during transporting to long distances is to track the direction where artificial intelligence plays a significant role. With the integration of advanced technology, it becomes easy to predict the chances for machine failure as it can exactly pinpoint areas where there might be any chances for failure.
It can determine the history of the route and provide a safe and smooth pathway for transportation without any risk of damage and minimum fuel consumption. It simplifies cargo optimization, loading and unloading procedures can be enhanced based on the volume and weight of the cargo. Artificial intelligence provides scalability, permitting market players to accomplish rising fleets without a relational upsurge in directorial overhead. AI-powered organizations can routinely summarize and interpret actions, serving shipping businesses to stay acquiescent with worldwide guidelines.
The shipping container market is driven by the increasing trend in the direction of environmentally friendly resolutions and specific containers. Rising ecological awareness influences the request for containers manufactured from sustainable resources, decreasing carbon footprints. At the same time, industries' necessity for particular containers, such as reefers for consumable products or flat stands for huge cargo, reflects developing logistics demands. These trends initiate a revolution and provide for the varied requirements of a dynamic worldwide shipping business.
The request for the most operative transport products is discreetly growing along with globalisation and the rising e-commerce segment. Furthermore, there is a strong trend in the trade in the direction of sustainability as green shipping containers have developed a style. Hence, container processes are becoming harmless and more effective with tracking arrangements, container administration software, and IoT-permitted containers.
Shipping containers have driven other than being shifted from place to place, such as transporting housing necessities, building equipment, and transport machinery. The major market players are progressively undertaking planned creativities to strive efficiently with altering market trends. These market players are focused on dropping their carbon footprint via sustainable solutions, revolutionizing green packaging, and finding alternative resources. There is a growth in requests for the transport of cargo via waterways. This is due to the number of cargo that are proficiently transported to the other end in a secure method related to several other modes of transport. Furthermore, cargo ships are inexpensive for shipping products related to air and road transportation.
Ships can transmit huge numbers of cargo to various places within a short period. Shipping containers are accessible in myriad forms, ranging from enormous refillable steel containers to corrugated containers. They aid in hustling cargo & products into massive united loads and can be effortlessly accomplished, lifted, and loaded. These goods are easily packed in ships such as cardboard boxes and pallets. The growth in cargo transportation activities via ships and steamers will outgrowth the market extent.
Moreover, shipping containers are utilized for transferring as well as product shipment without uploading and reloading requirements at transitional ideas. This has improved the acceptance of goods chief to the enormous development of the shipping container market. Apart from this, the growth in sea routes shipping events with increasing in business arrangements across the world will elaborate business tendencies. Moreover, the increasing adoption of robotics in container depots ensuing in container adjustment will influence the market trends.
However, massive charges for goods can pose a risk to the development of the shipping container market shortly. Rising fuel costs have also hampered transportation and also shipping container market. Trade rules and regulations also get affected due to geopolitical disputes which has a significant impact on this market.
The ISO shipping container products segment dominated the market in 2024 due to the rising trade globally and the increasing requirement for transportation. The growing international trade business needs huge transportation of goods safely in all air, water, and roadways. These are considered to be standard containers extensively used for shipping purposes in huge quantities safely. The growing acceptance of automation in shipping containers has influenced the demand for ISO containers.
The dry container segment dominated the market in 2024 due to the rising usage, low charges, and wide accessibility of these containers. These are airtight containers effective for protecting products which have a high risk of damage due to external factors. Dry containers are made up of resources such as aluminum, steel, and many other materials that do not react with products stored inside. These are widely used for the packaging of dry products to transport from one port to another.
The 40’ container size segment dominated the market in 2024 due to several factors such as durability and large space. These containers are versatile and permit several cargo conformations whereas standardized pattern facilitates seamless intermodal transfers between trains, ships, and trucks. This comfort of multimodal transit enhances the attraction towards large containers and influences the logistics market. They also comprise the growth of port set-up and the growing usage of extra-large containers, which significantly improve the usual management of large vessels.
The wood flooring segment dominated the market in 2024 due to the rising concern for durability, aesthetic look, less charge, and adequate strength. There is a huge demand for durable floors for the transportation of shipping containers and considered affordable choices. Wooden flooring are eco-friendly solutions which enhance its demand in this shipping container market. These are in high demand as these can be used in both small and large ports which raise the adoption of such flooring.
The industrial transport segment dominated the market in 2024 due to the rising transportation of raw resources such as aircraft parts, gases, oils, metals, automobiles, chemicals, minerals, machinery, and several others. There is huge demand for industrial machinery and products in the international market has favoured the growth of this segment. These heavy parts are majorly transported through shipping containers on waterways instead of roads or airways. There are several benefits linked to the transport of industrial goods through ships.
Asia Pacific held the largest share in 2024. This is due to the strong maritime trade in countries such as China, India, Japan, Thailand, and South Korea. There are affordable resources available and low labour charges have significantly influenced the growth of this market. This region exports in large volumes which raises the demand for shipping containers of a variety of sizes. The growing manufacturing activities of the containers have majorly driven this market to grow rapidly. Several Asian countries are investing in the development of this market technologically and also enlarging the capacity of the ports for shipping goods.
There is a robust production economy in China which helps market players to develop technologically advanced containers. It fulfils export demand by providing economical and efficient containerized transportation of goods. The expansion in manufacturing activities of containers in a variety of shapes and sizes with durability due to the easy availability of resources has influenced the growth of the market. Several market players such as COSCO SHIPPING International, Shenzhen Marine Shipping Agency, China International Marine Containers, Shanghai Hada International Co., Kerry Logistics, and many others are introducing innovation in this market which has influenced the development.
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Flooring Outlook
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By Region Covered
March 2025
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