Worldwide Shipping
Containers Market are containers that assist the transport and carriage
of goods without the need to unload and reload the cargo at intermediate
points. Shipping containers are also known as 'freight containers or cargo
containers. These containers are large rectangular boxes made of a special
corrosion resistant grade of steel and are characterized by high strength and
durability. Shipping containers are made from materials such as steel,
aluminium, fibre-reinforced polymer etc. or a combination of all.
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Shipping containers have modernized
the way cargo is transported on ships across oceans. Containerization has not
only facilitated in guaranteeing the safety of the cargo but has also enhanced
the overall cargo carrying capacity. Consequently, shipping containers of
different types are being built and used for transporting a range of cargo
across the globe. The factors that propel the market growth include growing
seaborne trade. In addition, rising demand for transportation services is a
primary driver of the Shipping Containers market.
Also, increasing number of
factories and manufacturing units has fuelled the growth of the Shipping
Containers market. Moreover, a number of government associations are also
enhancing the market growth by providing specific guidelines to shipping companies.
On the other hand, there are also factors that hamper the growth of the market
such as high shipping cargo rates. In addition, sluggish economic growth across
certain parts of the globe may also restrain the growth of the market.
The growth of reefer
containers segment is mainly driven by the growing preference for reefer
containers over conventional refrigerated ships for transportation of
perishable goods. The use of reefer containers ensures flexibility, efficacy,
and decreased turnaround time as compared to the conventional means of
perishables transport. On the basis of applications, the Market Report is
classified as food transport, chemical transport and others.
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