Shipping Container Homes: From Tiny Houses To Ambitious Builds
Prominent Manufacturers in shipping container Market includes : A.P. MOLLER - MAERSK GROUP, China International Marine Containers (Group) Ltd., China Shipping Container Lines Co. Ltd., CXIC GROUP, Dong Fang International Asset Management Ltd., Jindo Co. Ltd., Singamas Container Holdings Limited, TLS Offshore Containers International, W&K Containers, Inc., YMC Container Solutions.
The ever increasing seaborne trade, Improvement in transportation services, and increasing use of remote container management (RCM) solutions are the major drivers for the growth of the shipping container market. The rising government initiatives, as well as expansion in untapped shipping container market in the Asia Pacific such as Indonesia and India, are creating opportunities for the shipping container market in the coming years.
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The shipping containers range from large reusable steel boxes to the ubiquitous corrugated boxes which are used for intermodal shipments. The type and size of the container are built to comply with regulations and specifications set by the International Organization for Standardization (ISO). Thus, the growing demand for highly efficient as well as the superior capacity of shipping containers is anticipated to grow the shipping container market in the forecast period.
The global shipping container market is segmented on the container size and product type. Based on container size, the market is segmented into small container (20 feet), large container (40 feet), and high cube container (40 feet). Similarly, on the basis of product type the market is bifurcated into dry storage container, flat rack container, refrigerated container, and special purpose container.
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The reports cover key developments in the shipping container market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations.