Shipping Container Market size is expected to reach USD 15.83 billion by 2028
Shipping Container Industry Overview The global shipping container market size is expected to reach USD 15.83 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 12.0% from 2020 to 2028. The market is expected to be driven by maritime trade, expanding penetration of the e-commerce industry, digitization in shipping container space, and increasing demand for specialized shipping containers by the department of defense. Shipping Container Market Segmentation Grand View Research has segmented the global shipping container market report based on product, type, size, flooring, application, and region: Based on the Product Insights, the market is segmented into ISO Containers and Non-standardized Containers Market ISO container led the market and accounted for more than 98.0% share in the product segment in 2020. ISO is the standard container used for universal cargo transportation. The extensive utilizatio...