How big is the north American shipping container market?

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Luay Jum'a

Check out this link:

https://www.globenewswire.com/news-release/2022/05/19/2446732/0/en/North-America-Insulated-Shipping-Containers-Market-Growth-Trends-COVID-19-Impact-and-Forecast-2022-2027.html

Good luck

Oliver Tekyi-Arhin

The North American shipping container market is a significant segment of the global container market. According to a report by ResearchAndMarkets.com, the North American container market size was valued at USD 17.94 billion in 2020 and is projected to reach USD 28.09 billion by 2028, growing at a CAGR of 5.8% from 2021 to 2028.

The North American container market includes various segments, such as dry containers, reefer containers, and tank containers. The market is driven by factors such as the growth of international trade, increasing demand for containerized goods transportation, and the rising popularity of container housing and modular construction.

The United States is the largest market in North America, accounting for the majority of the market share. However, Canada and Mexico are also significant markets in the region. The North American container market is highly competitive, with several global and regional players operating in the region, such as Maersk, CMA CGM, MSC, Hapag-Lloyd, and many others.

Overall, the North American container market is expected to continue growing, driven by increasing demand for containerized shipping and the rising popularity of containerization in various industries.

Merwan Djahmi

according to a report by ResearchAndMarkets.com in 2020, the North American shipping container market was valued at $5.96 billion in 2019 and is expected to reach $8.22 billion by 2027, growing at a CAGR of 4.2% from 2020 to 2027. The growth is attributed to the increasing demand for intermodal transportation and the rising adoption of shipping containers for storage purposes.