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NEW YORK, April 8, 2022 /PRNewswire/ -- The global container fleet market size is expected to increase by 5.69 million teu between 2020 and 2025. The market observed a YOY growth of 2.96% in 2021 and the growth momentum is expected to accelerate at a CAGR of 4.53% during the forecast period. The report provides a comprehensive analysis of recent developments, new product launches, major revenue-generating segments, and market behavior across geographies.
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Technavio has announced its latest market research report titled Container Fleet Market by Type and Geography - Forecast and Analysis 2021-2025
The global container fleet market is fragmented due to the presence of several established players. Vendors in the market are competing in terms of revenues, market dominance, geographical presence, product portfolio, and financials. Technavio identifies A.P. Moller - Maersk AS, COSCO Shipping Co., Ltd., CMA CGM Group, Evergreen Marine Corp. (Taiwan) Ltd., Hapag-Lloyd AG, Hyundai Merchant Marine (Europe) Ltd., Kawasaki Kisen Kaisha Ltd., Mitsui O.S.K. Lines Ltd., MSC Mediterranean Shipping Company S.A., and Nippon Yusen Kabushiki Kaisha as major players in the market.
Although the growing intermodal freight transportation, demand from refrigerated sea transportation will offer immense growth opportunities, declining freight rates, trade imbalance causing low back-haul utilization rate, and strict government regulations and volatile global economy will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Container Fleet Market 2021-2025: Segmentation
Container Fleet Market is segmented as below:
- Type
- Dry Containers
- Reefer Containers
- Tank Containers
- Geography
- APAC
- Europe
- North America
- MEA
- South America
By type, the dry containers segment generated maximum revenue in the market in 2021. The segment is driven by the rising demand for commodities and goods, led by expanding population and the increasing purchasing power of people. The market growth in the segment will be significant during the forecast period.
By region, APAC will be dominating the market growth. The region currently holds 46% of the global market share. The increased production and export of horticulture products such as fruits and vegetables in China and India has been crucial in driving the regional market. In addition, the availability of efficient labor, excellent infrastructure, and good transportation system in countries such as Hong Kong, Singapore, and New Zealand are contributing to the growth of the container fleet market in APAC. China is the major market for container fleets in APAC. The market growth in the region will be faster than the growth of the market in Europe, North America, and South America.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our container fleet market report covers the following areas:
- Container Fleet Market size
- Container Fleet Market trends
- Container Fleet Market industry analysis
Container Fleet Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the container fleet market. Backed with competitive intelligence and benchmarking, our research report on the container fleet market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Container Fleet Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist container fleet market growth during the next five years
- Estimation of the container fleet market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the container fleet market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of container fleet market vendors
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| Container Fleet Market Scope |
| Report Coverage | Details |
| Page number | 120 |
| Base year | 2020 |
| Forecast period | 2021-2025 |
| Growth momentum & CAGR | Accelerate at a CAGR of 4.53% |
| Market growth 2021-2025 | 5.69 mn teu |
| Market structure | Fragmented |
| YoY growth (%) | 2.96 |
| Regional analysis | APAC, Europe, North America, MEA, and South America |
| Performing market contribution | APAC at 46% |
| Key consumer countries | China, Germany, US, UAE, and Brazil |
| Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
| Companies profiled | A.P. Moller - Maersk AS, COSCO Shipping Co., Ltd., CMA CGM Group, Evergreen Marine Corp. (Taiwan) Ltd., Hapag-Lloyd AG, Hyundai Merchant Marine (Europe) Ltd., Kawasaki Kisen Kaisha Ltd., Mitsui O.S.K. Lines Ltd., MSC Mediterranean Shipping Company S.A., and Nippon Yusen Kabushiki Kaisha |
| Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period. |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Dry containers - Market size and forecast 2020-2025
- Reefer containers - Market size and forecast 2020-2025
- Tank containers - Market size and forecast 2020-2025
- Market opportunity by Type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- A.P. Moller - Maersk AS
- CMA CGM Group
- Evergreen Marine Corp. (Taiwan) Ltd.
- Hapag-Lloyd AG
- Hyundai Merchant Marine (Europe) Ltd.
- Kawasaki Kisen Kaisha Ltd.
- Mitsui O.S.K. Lines Ltd.
- MSC Mediterranean Shipping Company S.A.
- Nippon Yusen Kabushiki Kaisha
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected] Website:
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