There are many types of containers are available for shipping purposes. Some of such containers are dry containers, flat rack containers, open top containers, side open storage containers, refrigerated ISO containers, half height containers and others. Half height containers are used for transit of heavy goods. Heavy goods can be transferred but the volume of cargo should be less.
These containers can be transported through railways and waterways. These are specialized containers of half the height of full-sized dry containers. Generally, steel is used in the formation of half height containers.
These half-height containers are used for such goods which require easy loading and unloading, such goods are coal, sand, stones, and gravel. They are also useful for transporting goods having extra height, such as tools, pipes and other equipment. They are generally equipped with waterproof removable lids which protect goods from dust during transit.
The half height containers are useful for manufacturers and exporters who need to ship heavy goods with small volume. The goods which are generally used for transit are coal, sand, gravel, stones, and other heavy items. These factors are expected to drive the market over the forecast period. Growing import and export between countries is expected to fuel the growth of the global half height containers market over the next decade.
These half height containers are largely used in industries such as mining industries, production industries such as steel parts producing industries. These half height containers have cubic capacity of around 16.5 m3, and a gross weight of about 33,000 kg. This factor is expected to increase preference for half height containers. It is easy to stack half height containers on trucks, trains and cargo ships.
These factors are expected to drive global half height containers market by the end of forecast period. General material used for the manufacturing of half height containers is steel, as they are stackable, hence, it needs to be heavy duty. The factor which can hamper the growth of global half height containers market is availability of various cargo containers in the market.
The global outlook in the half height containers market seems to be positive. The APEJ region is expected to drive the global half height containers market over the forecast period due to growing industrial and manufacturing activities. China is a prime exporter in the world and is likely to boost the overall growth in the global half height containers market over the next decade.
The North America and Western Europe regions are expected to witness high growth due to well established market and growing intercontinental trade. It gives rise to the growth of global half height containers market over the forecast period. Growing cargo and shipping industries in the Latin America region is expected to witness positive growth in the global half height containers market.
The Eastern Europe region is expected to witness average growth over the next decade due to confined market in the region. The MEA is expected to witness high growth due to developing construction industry in the region. Japan is expected to witness average growth in global half height containers market over the next decade.
Key Players
Few of the key players in the global half height containers market are – Seaco (A division of HNA Group Co. Ltd.), Container Container Ltd., Hoover Ferguson Group, Inc., Qingdao Pacific Container Co., Ltd., Bootle Containers Ltd., Cleveland Containers, BSL Containers Ltd., TLS Offshore Containers International among others.
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On the basis of closing type, the global half height containers market has been segmented as:
On the basis of end use industry, the global half height containers market has been segmented as:
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Half Height Containers Market
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