Shipping containers are also known as typical ISO shipping containers which are manufactured within identical sized restriction in position of exterior length, exterior width and exterior height. ISO (International standards organization) shipping containers that modulate of mass shipments and all ISO shipping containers for sales must conform to their standards. These standards include different types of qualities such as strength, durability and sizes are made to be the most reliable. These differs ISO shipping container and normal container type. ISO standards must be ten times stronger than a typical house. ISO most probably used for heavy duty conditions that are thrown and twisted their way on a typical voyage. ISO shipping containers are not only strong but also useful in all type of stages as well as extreme weather condition and temperatures.
Driver and Trends of Market
ISO shipping container market is extremely driven by the demand and prices of international commodities includes; metals, crude oil, agricultural commodities and others. Increasing population and their disposable income is one of the major driver for this market which has increased demand of food products, consumer goods and basic commodities includes; metal, mineral and oil & gas. By they help of such commodities trades between countries has driven the ISO shipping container market. Furthermore, various institutes such as government and non-government encourage trade capability of various commodities, which in turn brings inflow of foreign currency in the economy. European Union’s exploding agricultural commodity trade (IACT) projects towards increasing the export capability of pacific countries across manufactures such as livestock, agriculture, forestry and more.
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North America is considered as most dominant region in the global market and the U.S. is also contributing majority of market share followed by Europe. Furthermore, the APAC is projected to grow at the highest CAGR during the forecast period, 2019 to 2023. Geographic is segmented into
- North America (U.S., Canada & Mexico)
- Asia-Pacific (India, China, Japan, Australia & New Zealand and Rest of APAC)
- Europe (U.K., Germany, Italy, France & rest of Europe)
- RoW (South America, Middle East and Africa)
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The leading players in global ISO Shipping Container market including:
- Fortune Container Trading Ltd
- Qingdao Double-Friend Container Co. Ltd
- J. U. H. Kohrs Elektrotechnik GmbH
- Container Produtcs Ltd
- CCB Scaffoding Supplies Ltd
- CXIC Group
- Shanghai Universal Logistics Equipment
- Maersk Container Industry
- Charleston Marine Containers
- Sea Box
- Hoover Container Solutions
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