Product Code: PM3949
The global dry van container market size is expected to reach USD 9.21 billion by 2032, according to a new study by Polaris Market Research. The report "Dry Van Container Market Share, Size, Trends, Industry Analysis Report, By Material Type (Steel, Aluminum, and Others); By Application; By End-Use; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rising production of goods across various industries such as automotive, electronics, and textiles among others, resulting in increased import and export activities of such goods that requires efficient containers along with the growing innovations in container design, tracking, and security technologies, are positive impacting the global market growth.
Beside this, the drastic rise of e-commerce with the exponential rise in number of digital buyers and emergence of various new online shopping platforms around the world has also led to increased demand for transportation and logistics services, and could lead to innovations of new dry van containers with more improved handling capacities to meet emerging demand for goods globally.
In February 2023, Ocean Network Express, a global leading name in container shipping industry, announced about their plans to develop a new smart container solution in a collaboration with Sony Network Communications Europe. The new smart container will enhance container visibility and proactive & quicker decision-making.
Moreover, there has been significant proliferation towards the integration of IoT technology into containers that has led to the rapid development of smart containers, as these containers are equipped with sensors and communication devices that makes them able for real-time monitoring of cargo conditions and container location, which in turn, enhances the overall cargo security and allows for better supply chain visibility and is gaining huge traction in the recent years.
Apart from this, with the surging use use of lightweight materials such as advanced alloys and composites in dry van containers because of their ability to offer several benefits in terms of increased cargo capacity and reduced fuel consumption, contributing to cost savings and environmental sustainability, which will have a positive impact on the global market at exponential rate.
Dry Van Container Market Report Highlights
- Steel segment accounted for noteworthy market share, owing to its advantageous characteristics including lower manufacturing cost and higher durability
- Sea transport segment held the majority market share, which is mainly accelerated to growing international trade through sea transport mode across the world
- Electronics segment will grow at highest growth rate, mainly due to growing import and export of electronics components with higher efficiency
- Asia Pacific dominated the global market, on account of rising number of favorable government policies and leading exporter countries in the region
- The global key market players include: Maritime Cargo Services, Lotus Container GmbH, China International Marine Containers, and Alconet Containers
Polaris Market Research has segmented the dry van container market report based on material type, application, end-use, and region:
Dry Van Container, Material Type Outlook (Revenue - USD Billion, 2023 - 2032)
Dry Van Container, Application Outlook (Revenue - USD Billion, 2023 - 2032)
- Sea Transport
- Land Transport
- Intermodal Transport
Dry Van Container, End-Use Outlook (Revenue - USD Billion, 2023 - 2032)
- Chemicals
- Pharmaceuticals
- Food & Beverages
- Electronics
- Automotive
- Others
Dry Van Container, Regional Outlook (Revenue - USD Billion, 2023 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Dry Van Container Market Insights
- 4.1. Dry Van Container Market - End-Use Snapshot
- 4.2. Dry Van Container Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increase in containers lease and rental services driving the global market growth
- 4.2.1.2. The rapid growth of e-commerce has boosted the demand for dry van containers to transport goods from manufacturers and warehouses to consumers
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Capital Investment
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Dry Van Container Market End-Use Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Dry Van Container Market, by Material Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 5.3. Steel
- 5.3.1. Global Dry Van Container Market, by Steel, by Region, 2019-2032 (USD Billion)
- 5.4. Aluminium
- 5.4.1. Global Dry Van Container Market, by Aluminium, by Region, 2019-2032 (USD Billion)
- 5.5. Others
- 5.5.1. Global Dry Van Container Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Dry Van Container Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 6.3. Sea Transport
- 6.3.1. Global Dry Van Container Market, by Sea Transport, by Region, 2019-2032 (USD Billion)
- 6.4. Land Transport
- 6.4.1. Global Dry Van Container Market, by Land Transport, by Region, 2019-2032 (USD Billion)
- 6.5. Intermodal Transport
- 6.5.1. Global Dry Van Container Market, by Intermodal Transport, by Region, 2019-2032 (USD Billion)
7. Global Dry Van Container Market, by End-Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 7.3. Chemicals
- 7.3.1. Global Dry Van Container Market, by Chemicals, By Region, 2019-2032 (USD Billion)
- 7.4. Pharmaceuticals
- 7.4.1. Global Dry Van Container Market, by Pharmaceuticals, By Region, 2019-2032 (USD Billion)
- 7.5. Food & Beverages
- 7.5.1. Global Dry Van Container Market, by Food & Beverages, By Region, 2019-2032 (USD Billion)
- 7.6. Electronics
- 7.6.1. Global Dry Van Container Market, by Electronics, By Region, 2019-2032 (USD Billion)
- 7.7. Automotive
- 7.7.1. Global Dry Van Container Market, by Automotive, By Region, 2019-2032 (USD Billion)
- 7.8. Others
- 7.8.1. Global Dry Van Container Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Dry Van Container Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Dry Van Container Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Dry Van Container Market - North America
- 8.3.1. North America: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.3.3. North America: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.3.4. Dry Van Container Market - U.S.
- 8.3.4.1. U.S.: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.3.5. Dry Van Container Market - Canada
- 8.3.5.1. Canada: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.4. Dry Van Container Market - Europe
- 8.4.1. Europe: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.3. Europe: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.4.4. Dry Van Container Market - UK
- 8.4.4.1. UK: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.4.5. Dry Van Container Market - France
- 8.4.5.1. France: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.5.3. France: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.4.6. Dry Van Container Market - Germany
- 8.4.6.1. Germany: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.4.7. Dry Van Container Market - Italy
- 8.4.7.1. Italy: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.4.8. Dry Van Container Market - Spain
- 8.4.8.1. Spain: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.4.9. Dry Van Container Market - Netherlands
- 8.4.9.1. Netherlands: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.4.10. Dry Van Container Market - Russia
- 8.4.10.1. Russia: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.5. Dry Van Container Market - Asia Pacific
- 8.5.1. Asia Pacific: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.5.4. Dry Van Container Market - China
- 8.5.4.1. China: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.4.3. China: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.5.5. Dry Van Container Market - India
- 8.5.5.1. India: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.5.3. India: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.5.6. Dry Van Container Market - Malaysia
- 8.5.6.1. Malaysia: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.5.7. Dry Van Container Market - Japan
- 8.5.7.1. Japan: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.5.8. Dry Van Container Market - Indonesia
- 8.5.8.1. Indonesia: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.5.9. Dry Van Container Market - South Korea
- 8.5.9.1. South Korea: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.6. Dry Van Container Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.6.4. Dry Van Container Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.6.5. Dry Van Container Market - UAE
- 8.6.5.1. UAE: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.6.6. Dry Van Container Market - Israel
- 8.6.6.1. Israel: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.6.7. Dry Van Container Market - South Africa
- 8.6.7.1. South Africa: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.7. Dry Van Container Market - Latin America
- 8.7.1. Latin America: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.7.4. Dry Van Container Market - Mexico
- 8.7.4.1. Mexico: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.7.5. Dry Van Container Market - Brazil
- 8.7.5.1. Brazil: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
- 8.7.6. Dry Van Container Market - Argentina
- 8.7.6.1. Argentina: Dry Van Container Market, by Material Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Dry Van Container Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Dry Van Container Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. A.P. Moller-Maersk
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Alconet Containers
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Aqua Air Enterprises
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. China International Marine Containers
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. CIMC Group
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. CXIC Group
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Hapag-Llyod AG
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Hyundai Translead
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Lotus Container GmbH
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Maritime Cargo Services
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. SEA BOX
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Singamas Container Holdings Limited
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. WandK Containers Inc.
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. ZIM Integrated Shipping Services
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development