Container Fleet Market is segmented By Type (Dry Container, Reefer Container, Tank Container, Special Container), By Application (Automotive, Oil and ....
Market Size in USD
CAGR5.7%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 5.7% |
Market Concentration | High |
Major Players | China COSCO Shipping Corporation Limited, CMA CGM S.A., MSC Mediterranean Shipping Company S.A., Maersk, Hapag-Lloyd AG |
The container fleet market is estimated to be valued at USD 13.36 Billion in 2024 and is expected to reach USD 19.7 Billion by 2031, growing at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031. The demand for container shipment and transportation is increasing rapidly driven by the exponential growth in international trade. Thereby, the container fleet market has been witnessing significant growth over the past few years.