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Global Dry Container Fleet Market 2017-2021

Global Dry Container Fleet Market 2017-2021

About Dry Container Fleet

Dry containers are available in 20' and 40' sizes and are manufactured either from steel or aluminum. These containers are suitable for numerous types of cargo. Dry containers are totally enclosed and weatherproof, with rigid side walls, rigid roofs, and floors. At least one of the end walls is equipped with doors to facilitate the transport of a variety of cargo. These containers can carry all types of “dry” goods, including ready-to-wear clothing, textiles, consumer goods and sundries, and goods that are packed in cartons, bags, drums, boxes, cases, bales, and pallets. These types of containers are also used for certain types of bulk cargo.

Technavio’s analysts forecast the global Dry Container Fleet market to grow at a CAGR of 2.08% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global dry container fleet market for 2017-2021. To calculate the market size, the report considers the volume which is based on the container fleet capacity for the respective region and the container type.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Dry Container Fleet Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Maersk Group,
  • MSC,
  • CMA CGM Group,
  • China COSCO Shipping.
Other prominent vendors
  • APL
  • Hamburg Sud
  • Orient Overseas Container Line
  • Hapag-Lloyd
Market driver
  • Growing intermodal transportation
  • For a full, detailed list, view our report
Market challenge
  • Low container rates and collapse in freight rates
  • For a full, detailed list, view our report
Market trend
  • Increase in demand for fleet management systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Dry Container Fleet Market 2017-2021

Technavio recognizes the following companies as the key players in the global dry container fleet market: Maersk Group, MSC, CMA CGM Group, and China COSCO Shipping.

Other Prominent Vendors in the market are: APL, Hamburg Sud, Orient Overseas Container Line, and Hapag-Lloyd.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increase in demand for fleet management systems. Container fleet management involves dealing with demand imbalance, dynamic operation, and uncertainty. It includes several activities such as tracking containers, container distribution, fleet sizing, maintenance, and repositioning of empty containers. Fleet management techniques help to resolve these issues and improve the operational efficiency and enable fleet tracking, cost control, and risk minimization.”

According to the report, one of the major drivers for this market is Growing intermodal transportation. Intermodal transportation is highly efficient, environmentally friendly, and requires low investments. It uses different modes of transportation for the transport of goods from one place to another. It is estimated that intermodal transportation will grow at a CAGR of more than 8% during the forecast period. This transportation is easy to track and involves only a few idle periods during the operation. It offers door-to-door delivery, a shorter delivery time, ensures cargo safety, and involves the use of different routes.

Further, the report states that one of the major factors hindering the growth of this market is Decline and volatility in industry earnings. The container fleet industry is dependent on the global economy, which, in recent times, has shown signs of volatility in China and negative growth in Brazil. Adding to the problem is that the container fleet industry continues to add capacity. The typical vessel delivered handled about 10,020 TEUs in 2015, which was five times more than what a typical vessel could handle in the 1990s. The pressure to increase this capacity and address the issue of efficiency in large vessels has led to uncertainty. Therefore, profits have become exceptionally volatile.

Companies Mentioned

Maersk Group, MSC, CMA CGM Group, China COSCO Shipping, APL, Hamburg Sud, Orient Overseas Container Line, and Hapag-Lloyd.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Global dry container fleet market
      • Table Process of goods transportation
      • Table Types of containers
    • Market overview
      • Table Global dry container fleet market overview
    • Market size and forecast
      • Table Global dry container fleet market 2016-2021 (million TEUs)
      • Table Dry container fleet market analysis
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by container type
    • Global dry container fleet market by container type
      • Table Global dry container fleet market by container type 2016 (%)
    • Global dry container fleet market by open-top containers
      • Table Global dry container fleet market by open-top containers 2016-2021 (million TEUs)
    • Global dry container fleet market by bulk containers
      • Table Global dry container fleet market by bulk containers 2016-2021 (million TEUs)
    • Global dry container fleet market by flat rack containers
      • Table Global dry container fleet market by flat rack containers 2016-2021 (million TEUs)
    • Global dry container fleet market by ventilated containers
      • Table Global dry container fleet market by ventilated containers 2016-2021 (million TEUs)
    • Global dry container fleet market by others
      • Table Global dry container fleet market by others 2016-2021 (million TEUs)
  • Geographical segmentation
    • Dry container fleet market by geography
      • Table Market share of dry container fleet by geography 2016-2021 (million TEUs)
      • Table Growth rate of dry container fleet market by geography 2017-2021 (%)
    • Dry container fleet market in APAC
      • Table Dry container fleet market in APAC 2016-2021 (million TEUs)
    • Dry container fleet market in EMEA
      • Table Dry container fleet market in EMEA 2016-2021 (million TEUs)
    • Dry container fleet market in Americas
      • Table Dry container fleet market in Americas 2016-2021 (million TEUs)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global intermodal market by modes of transportation 2016 (%)
    • Market challenges
  • Market trends
    • Increase in demand for fleet management systems
    • Growing use of large-capacity loading/unloading equipment
    • Use of high-capacity vessels
  • Vendor landscape
    • Competitive scenario
    • China COSCO Shipping
      • Table China COSCO Shipping: Business sectors
      • Table China COSCO Shipping: Fleet segmentation 2016
      • Table China COSCO Shipping: Recent developments
    • CMA CGM Group
      • Table CMA CGM Group: Revenue 2011-2016 ($ billions)
      • Table CMA CGM Group: Recent developments
    • Maersk Group
      • Table Maersk Group: Revenue 2011-2016 ($ billions)
      • Table Maersk Group structure
      • Table Maersk Group: Recent developments
    • MSC
      • Table MSC: Recent developments
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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