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The ISO container market size is expected to value at USD 266.51 Million in 2023 and is estimated to reach USD 579.78 Million by 2032 with a growing CAGR of 9.2% over the forecast period 2024-2032.
Large-scale liquid, gas, and powder transfer necessitates the use of specialized shipping containers known as ISO tank containers. These containers are extensively used in the chemical and petrochemical industries and are designed and constructed in accordance with international safety requirements. The market for ISO-tank containers is anticipated to expand considerably over the coming years, as a consequence of the rise in demand for these containers across a variety of sectors.
MARKET DYNAMICS
DRIVERS
Growing World Trade The need for ISO containers is still being driven by the rise of global trade and continuous globalization. The need for standardized shipping containers is still quite high, as businesses want to move products across borders effectively.
E-Commerce Since items are transported internationally in containers, the boom in E-Commerce has raised the demand for containerized shipping. Container utilization is anticipated to increase as a result of this trend.
Optimization of Containerization In addition to speeding up loading and unloading processes and limiting product damage during transit, ISO containers enable efficient cargo management. Their utilization is significantly influenced by this efficiency.
RESTRAIN
Environmental regulations, economic cycles, and fluctuating steel prices.
The market for ISO containers is vulnerable to recessions and downturns in the economy. Reduced commerce and demand for containerized transportation during economic downturns may result in Overcapacity and price pressure. The sector may face difficulties as a result of rising environmental concerns, laws regarding shipping emissions, and the disposal of outdated containers. Steel makes up the majority of ISO containers, therefore changes in steel pricing may have an influence on production costs and, consequently, on container prices and availability.
OPPORTUNITY
Growth in Emerging Markets for Reuse and Recycling:
Opportunities exist in container reuse, refurbishing, and recycling, which may lower prices and environmental effects, as sustainability gains importance. Container usage, particularly for commodities and consumer items, may be influenced by the growth of middle-class populations and rising consumer demand in emerging nations.
CHALLENGES
Industry consolidation, supply chain disruptions, and trade tensions:
International supply chains can be disrupted and container demand may be affected by ongoing trade conflicts and protectionist policies between nations. The Susceptibility of global supply systems has been shown by incidents like the COVID-19 pandemic. Supply chain interruptions may impact container distribution and availability. Consolidation among container producers and transportation businesses may reduce competition and perhaps result in difficulties for consumers with pricing.
IMPACT OF RUSSIA-UKRAINE WAR
Due to Russia's limited market, the war's impact on container transportation has been minimal. Tanker shipping is an exception. The second-largest exporter of crude oil and diesel in the world is Russia. The conflict has had a significant influence on tanker markets. There are several reasons to quit supplying Russia, regardless of the shipping market. Even when commerce is permitted, there may be a desire to "self-sanction" and financial danger from genuine sanctions. Due to export control regulations requiring inspection for prohibited dual-use (civil/military) commodities, operational risk from ship delays is a significant problem for container shipping. A moral component is also present. Some maritime executives feel that serving Russia is improper and won't allow their firms to do so. Additionally, refraining from supporting Russia might have a negative financial impact on your business.
IMPACT OF ONGOING RECESSION
Reduced Recessions in the global economy frequently result in a downturn in commerce, as consumer demand and company investments fall. A drop in the use of ISO-Containers may occur when economic activity slows down since there is less of a need for the transportation of commodities.
Lower Demand for Containers The need for ISO-Containers may decline due to decreasing production, exports, and imports. There may be a decrease in container reservations, as a result of businesses making savings on shipping and logistical costs.
Decline in Container Pricing During a downturn, container leasing, and shipping businesses could lower container pricing and provide more affordable rates to draw customers. Dieses can affect the profitability of container leasing firms by putting pressure on container costs and leasing rates. Financial Stress on Transportation Businesses Shipping businesses that own or lease substantial fleets of ISO containers may experience financial strain during a downturn, particularly if they are unable to obtain sufficient transportation contracts to pay their expenses. Some businesses could postpone or cut their investments in containers.
By Transport Mode
Road
Rail
Marine
By Container Type
Multi-Compartment Tank
Lined Tank
Reefer Tank
Cryogenic & Gas Tanks
Swap Body Tank
By Application
Chemicals
Petrochemicals
Food & Beverage
Pharmaceuticals
Others (Paints etc.)
REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
REGIONAL ANALYSES
The Asia-Pacific region now controls a substantial chunk of the regional market and will continue to do so. Japan's ascent to market supremacy has been greatly facilitated by the active participation of Asia-Pacific countries, such as China, India, South Korea, and Japan, in concrete maritime trade. More than 80% of the world's ISO container production is produced in China. Chinese container manufacturing has suffered on the global market ever since India started making its own containers to reduce its dependency on Chinese traders.
Furthermore, North America is anticipated to account for a sizable portion of the market due to the rapid development of warehouses and distribution centers in the area. Chemical, petrochemical, and pharmaceutical industry expansion will be a key factor in the region's revenue growth. The significant presence of well-known overseas producers in the North American market also contributes to the industry's growth.
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The major key players are Intermodal Tank Transport, Bertschi AG, Bulkhaul Limited, Royal Den Hartogh Logistics, HOYER GmbH, Interflow TCS Ltd., New Port Tank, Sinochain Logistics Co., Ltd., Stolt-Nielsen Limited and others.
RECENT DEVELOPMENT
China International Marine Containers Ltd: In January 2022, announced the new installation of hydrogen refueling stations, hydrogen cylinders, and energy tank stations to reduce carbon dioxide emissions.
Report Attributes | Details |
Market Size in 2023 | US$ 266.51 Million |
Market Size by 2032 | US$ 496.71 Million |
CAGR | CAGR of 9.2%% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Transport Mode (Road, Rail, Marine) • By Container Type (Multi-Compartment Tank, Lined Tank, Reefer Tank, Cryogenic & Gas Tanks, Swap Body Tank) • By Application (Chemicals, Petrochemicals, Food & Beverage, Pharmaceuticals, Industrial Gas, Others (Paints etc.) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
Company Profiles | Intermodal Tank Transport, Bertschi AG, Bulkhaul Limited, Royal Den Hartogh Logistics, HOYER GmbH, Interflow TCS Ltd., New Port Tank, Sinochain Logistics Co., Ltd., Stolt-Nielsen Limited |
Key Drivers | • Growing World Trade The need for ISO containers is still being driven by the rise of global trade and continuous globalization. The need for standardized shipping containers is still quite high, as businesses want to move products across borders effectively. • E-Commerce Since items are transported internationally in containers, the boom in E-Commerce has raised the demand for containerized shipping. Container utilization is anticipated to increase as a result of this trend. • Optimization of Containerization In addition to speeding up loading and unloading processes and limiting product damage during transit, ISO containers enable efficient cargo management. Their utilization is significantly influenced by this efficiency. |
Market Opportunity | • Growth in Emerging Markets for Reuse and Recycling: Opportunities exist in container reuse, refurbishing, and recycling, which may lower prices and environmental effects, as sustainability gains importance. Container usage, particularly for commodities and consumer items, may be influenced by the growth of middle-class populations and rising consumer demand in emerging nations. |
The ISO Container Market is expected to grow at 9.5% CAGR from 2023 to 2030.
According to our analysis, the ISO Container Market is anticipated to reach 1,499.3 thousand units by 2030.
The likelihood of damage in lengthier tank containers is anticipated to impede market expansion.
The leading participants in the Intermodal Tank Transport, are Bertschi AG, Bulkhaul Limited, Royal Den Hartogh Logistics, and HOYER GmbH.
Yes, you may request customization based on your company's needs.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Ukraine- Russia War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. ISO Container Market, By Transport Mode
8.1 Road
8.2 Rail
8.3 Marine
9. ISO Container Market, By Container Type
9.1 Multi-Compartment Tank
9.2 Lined Tank
9.3 Reefer Tank
9.4 Cryogenic & Gas Tanks
9.5 Swap Body Tank
10. ISO Container Market, By Application
10.1 Chemicals
10.2 Petrochemicals
10.3 Food & Beverage
10.4 Pharmaceuticals
10.5 Industrial Gas
10.6 Others (Paints etc.)
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America ISO Container Market by Country
11.2.2North America ISO Container Market By Transport Mode
11.2.3 North America ISO Container Market By Container Type
11.2.4 North America ISO Container Market By Application
11.2.5 USA
11.2.5.1 USA ISO Container Market By Transport Mode
11.2.5.2 USA ISO Container Market By Container Type
11.2.5.3 USA ISO Container Market By Application
11.2.6 Canada
11.2.6.1 Canada ISO Container Market By Transport Mode
11.2.6.2 Canada ISO Container Market By Container Type
11.2.6.3 Canada ISO Container Market By Application
11.2.7 Mexico
11.2.7.1 Mexico ISO Container Market By Transport Mode
11.2.7.2 Mexico ISO Container Market By Container Type
11.2.7.3 Mexico ISO Container Market By Application
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe ISO Container Market by Country
11.3.1.2 Eastern Europe ISO Container Market By Transport Mode
11.3.1.3 Eastern Europe ISO Container Market By Container Type
11.3.1.4 Eastern Europe ISO Container Market By Application
11.3.1.5 Poland
11.3.1.5.1 Poland ISO Container Market By Transport Mode
11.3.1.5.2 Poland ISO Container Market By Container Type
11.3.1.5.3 Poland ISO Container Market By Application
11.3.1.6 Romania
11.3.1.6.1 Romania ISO Container Market By Transport Mode
11.3.1.6.2 Romania ISO Container Market By Container Type
11.3.1.6.4 Romania ISO Container Market By Application
11.3.1.7 Turkey
11.3.1.7.1 Turkey ISO Container Market By Transport Mode
11.3.1.7.2 Turkey ISO Container Market By Container Type
11.3.1.7.3 Turkey ISO Container Market By Application
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe ISO Container Market By Transport Mode
11.3.1.8.2 Rest of Eastern Europe ISO Container Market By Container Type
11.3.1.8.3 Rest of Eastern Europe ISO Container Market By Application
11.3.2 Western Europe
11.3.2.1 Western Europe ISO Container Market By Transport Mode
11.3.2.2 Western Europe ISO Container Market By Container Type
11.3.2.3 Western Europe ISO Container Market By Application
11.3.2.4 Germany
11.3.2.4.1 Germany ISO Container Market By Transport Mode
11.3.2.4.2 Germany ISO Container Market By Container Type
11.3.2.4.3 Germany ISO Container Market By Application
11.3.2.5 France
11.3.2.5.1 France ISO Container Market By Transport Mode
11.3.2.5.2 France ISO Container Market By Container Type
11.3.2.5.3 France ISO Container Market By Application
11.3.2.6 UK
11.3.2.6.1 UK ISO Container Market By Transport Mode
11.3.2.6.2 UK ISO Container Market By Container Type
11.3.2.6.3 UK ISO Container Market By Application
11.3.2.7 Italy
11.3.2.7.1 Italy ISO Container Market By Transport Mode
11.3.2.7.2 Italy ISO Container Market By Container Type
11.3.2.7.3 Italy ISO Container Market By Application
11.3.2.8 Spain
11.3.2.8.1 Spain ISO Container Market By Transport Mode
11.3.2.8.2 Spain ISO Container Market By Container Type
11.3.2.8.3 Spain ISO Container Market By Application
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands ISO Container Market By Transport Mode
11.3.2.9.2 Netherlands ISO Container Market By Container Type
11.3.2.9.3 Netherlands ISO Container Market By Application
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland ISO Container Market By Transport Mode
11.3.2.10.2 Switzerland ISO Container Market By Container Type
11.3.2.10.3 Switzerland ISO Container Market By Application
11.3.2.11.1 Austria
11.3.2.11.2 Austria ISO Container Market By Transport Mode
11.3.2.11.3 Austria ISO Container Market By Container Type
11.3.2.11.4 Austria ISO Container Market By Application
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe ISO Container Market By Transport Mode
11.3.2.12.2 Rest of Western Europe ISO Container Market By Container Type
11.3.2.12.3 Rest of Western Europe ISO Container Market By Application
11.4 Asia-Pacific
11.4.1 Asia-Pacific ISO Container Market by Country
11.4.2 Asia-Pacific ISO Container Market By Transport Mode
11.4.3 Asia-Pacific ISO Container Market By Container Type
11.4.4 Asia-Pacific ISO Container Market By Application
11.4.5 China
11.4.5.1 China ISO Container Market By Transport Mode
11.4.5.2 China ISO Container Market By Container Type
11.4.5.3 China ISO Container Market By Application
11.4.6 India
11.4.6.1 India ISO Container Market By Transport Mode
11.4.6.2 India ISO Container Market By Container Type
11.4.6.3 India ISO Container Market By Application
11.4.7 Japan
11.4.7.1 Japan ISO Container Market By Transport Mode
11.4.7.2 Japan ISO Container Market By Container Type
11.4.7.3 Japan ISO Container Market By Application
11.4.8 South Korea
11.4.8.1 South Korea ISO Container Market By Transport Mode
11.4.8.2 South Korea ISO Container Market By Container Type
11.4.8.3 South Korea ISO Container Market By Application
11.4.9 Vietnam
11.4.9.1 Vietnam ISO Container Market By Transport Mode
11.4.9.2 Vietnam ISO Container Market By Container Type
11.4.9.3 Vietnam ISO Container Market By Application
11.4.10 Singapore
11.4.10.1 Singapore ISO Container Market By Transport Mode
11.4.10.2 Singapore ISO Container Market By Container Type
11.4.10.3 Singapore ISO Container Market By Application
11.4.11 Australia
11.4.11.1 Australia ISO Container Market By Transport Mode
11.4.11.2 Australia ISO Container Market By Container Type
11.4.11.3 Australia ISO Container Market By Application
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific ISO Container Market By Transport Mode
11.4.12.2 Rest of Asia-Pacific ISO Container Market By Container Type
11.4.12.3 Rest of Asia-Pacific ISO Container Market By Application
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East ISO Container Market by Country
11.5.1.2 Middle East ISO Container Market By Transport Mode
11.5.1.3 Middle East ISO Container Market By Container Type
11.5.1.4 Middle East ISO Container Market By Application
11.5.1.5 UAE
11.5.1.5.1 UAE ISO Container Market By Transport Mode
11.5.1.5.2 UAE ISO Container Market By Container Type
11.5.1.5.3 UAE ISO Container Market By Application
11.5.1.6 Egypt
11.5.1.6.1 Egypt ISO Container Market By Transport Mode
11.5.1.6.2 Egypt ISO Container Market By Container Type
11.5.1.6.3 Egypt ISO Container Market By Application
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia ISO Container Market By Transport Mode
11.5.1.7.2 Saudi Arabia ISO Container Market By Container Type
11.5.1.7.3 Saudi Arabia ISO Container Market By Application
11.5.1.8 Qatar
11.5.1.8.1 Qatar ISO Container Market By Transport Mode
11.5.1.8.2 Qatar ISO Container Market By Container Type
11.5.1.8.3 Qatar ISO Container Market By Application
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East ISO Container Market By Transport Mode
11.5.1.9.2 Rest of Middle East ISO Container Market By Container Type
11.5.1.9.3 Rest of Middle East ISO Container Market By Application
11.5.2 Africa
11.5.2.1 Africa ISO Container Market by Country
11.5.2.2 Africa ISO Container Market By Transport Mode
11.5.2.3 Africa ISO Container Market By Container Type
11.5.2.4 Africa ISO Container Market By Application
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria ISO Container Market By Transport Mode
11.5.2.5.2 Nigeria ISO Container Market By Container Type
11.5.2.5.3 Nigeria ISO Container Market By Application
11.5.2.6 South Africa
11.5.2.6.1 South Africa ISO Container Market By Transport Mode
11.5.2.6.2 South Africa ISO Container Market By Container Type
11.5.2.6.3 South Africa ISO Container Market By Application
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa ISO Container Market By Transport Mode
11.5.2.7.2 Rest of Africa ISO Container Market By Container Type
11.5.2.7.3 Rest of Africa ISO Container Market By Application
11.6 Latin America
11.6.1 Latin America ISO Container Market by Country
11.6.2 Latin America ISO Container Market By Transport Mode
11.6.3 Latin America ISO Container Market By Container Type
11.6.4 Latin America ISO Container Market By Application
11.6.5 Brazil
11.6.5.1 Brazil ISO Container Market By Transport Mode
11.6.5.2 Brazil ISO Container Market By Container Type
11.6.5.3 Brazil ISO Container Market By Application
11.6.6 Argentina
11.6.6.1 Argentina ISO Container Market By Transport Mode
11.6.6.2 Argentina ISO Container Market By Container Type
11.6.6.3 Argentina ISO Container Market By Application
11.6.7 Colombia
11.6.7.1 Colombia ISO Container Market By Transport Mode
11.6.7.2 Colombia ISO Container Market By Container Type
11.6.7.3 Colombia ISO Container Market By Application
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America ISO Container Market By Transport Mode
11.6.8.2 Rest of Latin America ISO Container Market By Container Type
11.6.8.3 Rest of Latin America ISO Container Market By Application
12. Company profile
12.1 Intermodal Tank Transport
12.1.1 Company Overview
12.1.2 Financials
12.1.3 Speed/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Bertschi AG
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Speed/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Bulkhaul Limited
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Speed/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Royal Den Hartogh Logistics
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Speed/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 HOYER GmbH
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Speed/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Interflow TCS Ltd
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Speed/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 New Port Tank
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Speed/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Sinochain Logistics Co., Ltd.
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Speed/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Stolt-Nielsen Limited
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Speed/Services/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 VTG Tanktainer GmbH
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Speed/Services/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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