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Insulated shipping containers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

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Over the years, Shipping of temperature sensitive goods has emerged as the matter of concern across the globe. Thermal fluctuations are the key concern faced during the transit of heat sensible products. As a result, major industries such as chemical & pharmaceutical, food & beverages, consumer goods, etc. heavily rely on insulated containers for shipping. Insulated shipping containers play a significant role in shipping of goods that needs to resist extreme temperature variations which can be either too high or too low. Goods manufacturers usually prefer insulated shipping containers for shipping goods a short distance. Not only insulated shipping containers are used for transportation but also for secure storage of goods such as leather lounges, books, wine, etc. with no temperature fluctuation.   

Global Insulated shipping containers Market: Drivers & Restraints

Growth in demand for insulated shipping containers is anticipated to grow strongly over the forecast period for several reasons. The increase of commodity trade in developed as well as developing nations is expected to drive the demand for insulated shipping containers across the globe. One major factor that contributes towards the demand of for insulated shipping containers is expanded use of higher value, larger size containers that offer improved performance and are economical shipping solutions than other containers with shorter service capability. However, higher initial cost and lack of product awareness among manufacturers are likely to be some of the restraining factors towards the growth of the insulated shipping containers market.  Additionally, competition from flexible insulated packaging solutions which are considerably less expensive than rigid insulated shipping containers is another major challenge towards the growth of the global insulated shipping containers market.

Global Insulated shipping containers Market: Segmentation

The global insulated shipping containers market is segmented as follows

On the basis of type, the insulated shipping containers market is segmented into:

  • Non-Operational (NOR) Refrigerated Containers
  • Insulated Purpose-Built Shipping Containers

On the basis of material type, the insulated shipping containers market is segmented into:

  • Steel
  • Timber

On the basis of size of containers, the insulated shipping containers market is segmented into:

  • 20 foot Containers
  • 40 foot Containers

On the basis applications, the insulated shipping containers market is segmented into:

  • Chemicals
  • Pharmaceuticals
  • Food & Beverages
  • Automotive
  • Consumer Goods
  • Others

Global Insulated shipping containers Market: Segmentation Overview

Insulated shipping containers are in high demand for bulk shipping of goods across the globe. Based on the material type, insulated containers made stainless steel are expected to dominate the insulated shipping containers market over the forecast period.  Insulated shipping containers are used for shipping goods such as chemicals, pharmaceuticals and some packaged goods which need to avoid extreme temperature fluctuations.

Global Insulated shipping containers Market: Regional Overview

Geographically, the insulated shipping containers market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

The global insulated shipping containers market is projected to grow at a double digit CAGR throughout the forecast period. North America and European countries are likely showing a steady rate of growth over the forecast period as the insulated shipping containers market is well established in this region. Asia-Pacific region is estimated to be the most lucrative marketplace for the growth of insulated shipping containers due to rise in end use shipping applications in the region over the forecast period. China is estimated to bag the largest share in the insulated shipping containers market followed by India in Asia Pacific region, and market in this developing economies expected to witness sharp growth in the near future. Likewise, with the growing chemical & pharmaceuticals industry, the Latin America and MEA regions are likely to create opportunities for the insulated shipping containers manufacturers over the forecast period.

Global Insulated shipping containers Market: Key Payers

Some of the key players that operate in the insulated shipping containers market across the globe are Gateway Container International Limited Company, Port Containers LLC., and Containers Direct Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
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