The ISO container market is predicted to capture a valuation of US$ 266.53 million in 2023 and is estimated to rise to US$ 630.97 million by 2033. The market is anticipated to record a CAGR of 9% during the forecast period. The driving factors are as follows
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The key vendors invest a lot in producing standardized ISO containers using advanced technology. However, the increasingly high cost of raw materials used to develop these containers may limit the market growth. In addition, the vast capital required to invest in new developments may constrain market expansion. The growing cost of steel, labor, inspection, and certification are a few production and manufacturing costs that limit the market share.
Nowadays, online presence and digitization are adopted by almost all industries to operate their work efficiently. The innovation of advanced technology such as artificial intelligence, 5G technology, the Internet of Things, and cloud computing are propelling the market growth. The container shipping sector is adopting these technologies to satisfy customer requirements, driving the market share.
The increasing adoption of the Internet of Things can track real-time location easily. The manufacturers are investing millions of dollars in research and development activities by adopting these technologies. In Mar 2022, ORBCOMM Inc. provided solutions for the Internet of Things by launching CT 3500 IoT telematics devices. This product is a next-generation device with an intelligent management system to store cargo for refrigerator containers.
| Attributes | Details |
|---|---|
| Market CAGR (2023 to 2033) | 9% |
| Market Valuation (2023) | US$ 266.53 million |
| Market Valuation (2033) | US$ 630.97 million |
Principal Consultant
According to Future Market Insights, the global ISO container market may register a healthy 9% CAGR during the forecast period. Historically, the market registered a CAGR of 8.1% between 2017 and 2022.
The end-user industries such as food & beverages, chemicals, industrial gas, petrochemicals and pharmaceuticals are expected to aid market expansion by 2033. During the pandemic, the market faced a huge downfall due to a lack of raw materials and a limited supply chain and distribution channels. The market growth declined due to the lack of labor, surging freight rates and COVID-19 restrictions in port areas.
The market is estimated to reach US$ 630.97 million by the end of the forecast period.
Based on transportation mode, road transportation is estimated to secure a maximum share of the global market by 2033. Many goods transferred across nations through transportation are driving the market growth. In addition, the growing demand for effective logistics, rapid infrastructure, and vehicle productivity are flourishing road transportation.
The improving roads & inauguration of highways for sufficient and smooth driving are uplifting the market size. Rail and marine transportation may also capture a relevant share of the global market by 2033. Marine transport secures a considerable share by carrying freight for long distances, flourishing the global market share-the cost of transport, international trade, and world economy fuel marine transportation space.
Based on container type, the multi-compartment tank is securing a maximum share of the global market. Due to carrying freight simultaneously, the demand for multi-compartment tanks is growing. The multi-compartment tank contains two or more compartments. For instance, manufacturers inked three colors to deliver a specific multi-compartment tank for storing multiple items simultaneously, expanding market growth.
The Cryogenic & gas tank is another category that registers substantial growth in the global market. Lined and swap body tanks are the other categories that register a relevant share in the global market.
Based on the end-use industry, the petrochemicals sector is projected to hold a high revenue share in the global market by 2033. The rising demand for petrochemicals such as petrol & diesel is surging the market growth. In addition, the adoption of advanced technologies for monitoring chemical manufacturing on a real-time basis, including cost-efficient, maintaining accuracy and improving efficiency, are driving the market growth. Other end-use industries, such as food & beverages, pharmaceuticals and others, may also capture a significant share.
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Asia Pacific dominates the global market by capturing a higher share of the global market. Asian Countries such as India, South Korea, China and Japan are significant contributors to the global market. Due to increasing transportation and maritime industries, the market is rapidly surging in these countries.
China captures a modest growth in the global market. As a result, China's market has flourished due to the rising demand for shipping containers and manufacturing industries. In addition, the adoption of ISO container due to their non-hazardous and premium quality products fuel the China market.
Growing investment, low production and labor costs are propelling the market in the country. In addition, rising government initiatives, environmental concerns, and new launches are growing market opportunities.
The United Kingdom is estimated to register a significant global market share by 2033. The rapidly growing investment in the marine sector and pharmaceuticals sector are increasing the United Kingdom ISO container market share. The manufacturers are increasing the production of advanced ISO shipping containers, uplifting the market opportunities in the country. In addition, the rising chemicals and petrochemicals sector in the nation is capturing huge revenue in the global market.
The United States is expected to register a significant global market share during the forecast period. The rapidly growing production, urbanization and advanced technologies are growing the market smoothly. The rising export activities of oil & gas in huge quantities influence the United States ISO container market size. The production of crude oil and gas continuously expands the market revenue in the nation.
In 2018, the United States was expected to produce nearly 12 million barrels daily. In addition, emerging economies, present manufacturers, advanced Internet of Things devices and research and development activities are bolstering the market in the United States. The growing pharmaceuticals, chemicals and petrochemicals are advancing the market revenue in the country.
The Middle East & Africa are anticipated to contribute a considerable share of the global market by 2033. The increasing demand for affordable and convenient products is driving the market size. In addition, the growing transportation of oil & gas and import-export activities propel the Middle East & Africa ISO container market.
The increasing urbanization, digitization and innovation of products are surging the market growth. Therefore, the present manufacturers and domestic players are focusing on maintaining premium quality products to expand the market growth in the country.
The prominent players are focusing on advanced quality ISO containers by increasing the adoption of technologies, including Artificial Intelligence. In addition, the players launch innovative products through their research and development activities. These players invest millions of dollars in acquiring maximum output in the global market.
Key players adopt several marketing methodologies: collaborations, acquisitions, product launches, partnerships, mergers and agreements. The prominent vendors continue expanding the global market with innovative ideas.
Recent Developments in the Market are
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2017 to 2022 |
| Market Analysis | US$ Billion for Value |
| Key Countries Covered | USA, Canada, Germany, United kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Türkiye, Northern Africa, and South Africa |
| Key Segments Covered | Container Type, End Use Industry, Transport Mode, Region |
| Key Companies Profiled | Danteco Industries; HOYER; Welfit Ody; Meeberg; Tankcon; Tankformator; Bertschi AG; Stolt-Nielsen Limited; China International Marine Containers Ltd; VIG Tanktainer GmbH; Intermodal Tank Transport; Bulkhaul Limited; Interflow TCS Ltd; Royal Den Hartogh Logistics; New Port Tank; Sinochain Logistics Co., Ltd. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The market is valued at US$ 266.53 million in 2023.
Danteco Industries, HOYER, and Welfit Ody are the key market players.
Multi-compartment tank is the key segment by container type.
The market expanded at an 8.1% CAGR from 2017 to 2022,
The global market size is estimated to reach US$ 630.97 million in 2033.
1. Executive Summary | ISO Container Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Container Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Container Type, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Container Type, 2023 to 2033 5.3.1. Dry Container 5.3.2. Thermal And Refrigerated Container 5.3.3. Insulated Container 5.3.4. Open Top Container 5.3.5. Flat Rack Container 5.3.6. Other Container Types 5.4. Y-o-Y Growth Trend Analysis By Container Type, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Container Type, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Transport Mode 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Transport Mode, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Transport Mode, 2023 to 2033 6.3.1. Road 6.3.2. Rail 6.3.3. Marine 6.4. Y-o-Y Growth Trend Analysis By Transport Mode, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Transport Mode, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033 7.3.1. Chemicals Transport 7.3.2. Petrochemicals Transport 7.3.3. Food Transport 7.3.4. Industrial Transport 7.3.5. Pharmaceuticals Transport 7.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022 8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. Asia Pacific 8.3.5. MEA 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 9.2.1. By Country 9.2.1.1. USA 9.2.1.2. Canada 9.2.2. By Container Type 9.2.3. By Transport Mode 9.2.4. By Application 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Container Type 9.3.3. By Transport Mode 9.3.4. By Application 9.4. Key Takeaways 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Container Type 10.2.3. By Transport Mode 10.2.4. By Application 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Container Type 10.3.3. By Transport Mode 10.3.4. By Application 10.4. Key Takeaways 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. United kingdom 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By Container Type 11.2.3. By Transport Mode 11.2.4. By Application 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Container Type 11.3.3. By Transport Mode 11.3.4. By Application 11.4. Key Takeaways 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.1.4. Singapore 12.2.1.5. Thailand 12.2.1.6. Indonesia 12.2.1.7. Australia 12.2.1.8. New Zealand 12.2.1.9. Rest of Asia Pacific 12.2.2. By Container Type 12.2.3. By Transport Mode 12.2.4. By Application 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Container Type 12.3.3. By Transport Mode 12.3.4. By Application 12.4. Key Takeaways 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Country 13.2.1.1. GCC Countries 13.2.1.2. South Africa 13.2.1.3. Israel 13.2.1.4. Rest of MEA 13.2.2. By Container Type 13.2.3. By Transport Mode 13.2.4. By Application 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Container Type 13.3.3. By Transport Mode 13.3.4. By Application 13.4. Key Takeaways 14. Key Countries Market Analysis 14.1. USA 14.1.1. Pricing Analysis 14.1.2. Market Share Analysis, 2022 14.1.2.1. By Container Type 14.1.2.2. By Transport Mode 14.1.2.3. By Application 14.2. Canada 14.2.1. Pricing Analysis 14.2.2. Market Share Analysis, 2022 14.2.2.1. By Container Type 14.2.2.2. By Transport Mode 14.2.2.3. By Application 14.3. Brazil 14.3.1. Pricing Analysis 14.3.2. Market Share Analysis, 2022 14.3.2.1. By Container Type 14.3.2.2. By Transport Mode 14.3.2.3. By Application 14.4. Mexico 14.4.1. Pricing Analysis 14.4.2. Market Share Analysis, 2022 14.4.2.1. By Container Type 14.4.2.2. By Transport Mode 14.4.2.3. By Application 14.5. Germany 14.5.1. Pricing Analysis 14.5.2. Market Share Analysis, 2022 14.5.2.1. By Container Type 14.5.2.2. By Transport Mode 14.5.2.3. By Application 14.6. United kingdom 14.6.1. Pricing Analysis 14.6.2. Market Share Analysis, 2022 14.6.2.1. By Container Type 14.6.2.2. By Transport Mode 14.6.2.3. By Application 14.7. France 14.7.1. Pricing Analysis 14.7.2. Market Share Analysis, 2022 14.7.2.1. By Container Type 14.7.2.2. By Transport Mode 14.7.2.3. By Application 14.8. Spain 14.8.1. Pricing Analysis 14.8.2. Market Share Analysis, 2022 14.8.2.1. By Container Type 14.8.2.2. By Transport Mode 14.8.2.3. By Application 14.9. Italy 14.9.1. Pricing Analysis 14.9.2. Market Share Analysis, 2022 14.9.2.1. By Container Type 14.9.2.2. By Transport Mode 14.9.2.3. By Application 14.10. China 14.10.1. Pricing Analysis 14.10.2. Market Share Analysis, 2022 14.10.2.1. By Container Type 14.10.2.2. By Transport Mode 14.10.2.3. By Application 14.11. Japan 14.11.1. Pricing Analysis 14.11.2. Market Share Analysis, 2022 14.11.2.1. By Container Type 14.11.2.2. By Transport Mode 14.11.2.3. By Application 14.12. South Korea 14.12.1. Pricing Analysis 14.12.2. Market Share Analysis, 2022 14.12.2.1. By Container Type 14.12.2.2. By Transport Mode 14.12.2.3. By Application 14.13. Singapore 14.13.1. Pricing Analysis 14.13.2. Market Share Analysis, 2022 14.13.2.1. By Container Type 14.13.2.2. By Transport Mode 14.13.2.3. By Application 14.14. Thailand 14.14.1. Pricing Analysis 14.14.2. Market Share Analysis, 2022 14.14.2.1. By Container Type 14.14.2.2. By Transport Mode 14.14.2.3. By Application 14.15. Indonesia 14.15.1. Pricing Analysis 14.15.2. Market Share Analysis, 2022 14.15.2.1. By Container Type 14.15.2.2. By Transport Mode 14.15.2.3. By Application 14.16. Australia 14.16.1. Pricing Analysis 14.16.2. Market Share Analysis, 2022 14.16.2.1. By Container Type 14.16.2.2. By Transport Mode 14.16.2.3. By Application 14.17. New Zealand 14.17.1. Pricing Analysis 14.17.2. Market Share Analysis, 2022 14.17.2.1. By Container Type 14.17.2.2. By Transport Mode 14.17.2.3. By Application 14.18. GCC Countries 14.18.1. Pricing Analysis 14.18.2. Market Share Analysis, 2022 14.18.2.1. By Container Type 14.18.2.2. By Transport Mode 14.18.2.3. By Application 14.19. South Africa 14.19.1. Pricing Analysis 14.19.2. Market Share Analysis, 2022 14.19.2.1. By Container Type 14.19.2.2. By Transport Mode 14.19.2.3. By Application 14.20. Israel 14.20.1. Pricing Analysis 14.20.2. Market Share Analysis, 2022 14.20.2.1. By Container Type 14.20.2.2. By Transport Mode 14.20.2.3. By Application 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Container Type 15.3.3. By Transport Mode 15.3.4. By Application 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. Intermodal Tank Transport 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.1.5.2. Product Strategy 16.1.1.5.3. Channel Strategy 16.1.2. Bertschi AG 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.2.5.2. Product Strategy 16.1.2.5.3. Channel Strategy 16.1.3. Bulkhaul Limited 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.3.5.2. Product Strategy 16.1.3.5.3. Channel Strategy 16.1.4. Royal Den Hartogh Logistics 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.4.5.2. Product Strategy 16.1.4.5.3. Channel Strategy 16.1.5. HOYER GmbH 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.5.5.2. Product Strategy 16.1.5.5.3. Channel Strategy 16.1.6. Interflow TCS Ltd. 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.6.5.2. Product Strategy 16.1.6.5.3. Channel Strategy 16.1.7. New Port Tank 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.7.5.2. Product Strategy 16.1.7.5.3. Channel Strategy 16.1.8. Sinochain Logistics Co., Ltd 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.8.5.2. Product Strategy 16.1.8.5.3. Channel Strategy 16.1.9. Stolt-Nielsen Limited 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.9.5.2. Product Strategy 16.1.9.5.3. Channel Strategy 16.1.10. VTG Tanktainer GmbH 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 16.1.10.5.2. Product Strategy 16.1.10.5.3. Channel Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
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ISO Container Market
