The market for feeder containers was valued at US$ 7.8 billion in 2022 and is anticipated to grow to US$ 13.8 billion by 2032, with a CAGR of 5.9% between 2022 and 2032.
The logistics sector can’t be thought of without optimal packaging on the part of products. Feeder containers, better known as container vessels or feeder vessels, are used on frequent basis in maritime shipping and the logistics vertical and do account for bigger part of cargo.
The WTO has stated that worldwide merchandise trade volume had increased by 4.7% in 2022 alone. Also, transportation sector is coming up as one of the key end-users of the feeder containers owing to higher adoption regarding transportation of products in electrical and electronics, healthcare, automotive, food & beverages, mining, oil & gas, and likewise.
Smart containers are also being used. They are abreast with technologies like GPS, sensors, and IoT devices for improving track location and security.
However, in the wake of Russia-Ukraine conflict, the feeder containers market is expected to suffer a setback regarding growth rate. This factor could restrain the feeder containers market going forward.
Download Sample Report to learn about recent in the Compound Feed industry observed: https://www.futuremarketinsights.com/reports/sample/rep-gb-14600
Manufacturing Companies:
- Maersk group
- Mediterranean Shipping Company
- China COSCO Shipping
- Hapag Lloyd
- Orient Overseas container line
- Hamburg Sud
- NYK line
- Mitsui O.S.K lines
- Pacific International line
- K line
- Evergreen Marine Corp
- Star Feeders
- Saraf Shipping Agency
- Global Feeder Shipping
- Bahri
- Gulftainer
- Hapag-Lloyd AG
- Mediterranean Shipping Company
- AP Moller Maersk
- X-Press Feeders
- Orient Overseas Container Line Limited
- Safeen Feeders (Abu Dhabi Ports)
- FeederTech (Unifeeder Group)
- CMA CGM Group
- PIL (UAE) LLC
- COSCO Shipping Lines
- HMM, Co. Ltd.
Key Takeaways from Feeder Containers Market
- Europe holds the largest market share with the food and beverages sector witnessing an upswing with respect to exports. The European Commission is reported to be working on improvement in food sector; which would, in turn, enhance trade activities with the other countries as well.
- North America holds the second-largest market share on the analogous grounds, followed by the Asia-Pacific.
What does the Report feed?
- The research study is based on product type (dry containers, reefer containers, and likewise), container size (small-size containers, medium-size containers, and high cube size containers), and by end-use (oil, gas and mining, food & beverages, automotive, healthcare, electrical and electronics, and other industries).
- As high cube-size containers are known for being cost-effective with regards to shipping for bulk volume, the global feeder containers market is bound to grow on an irresistible note in the forecast period.
Ready to Learn About Our Approach? Explore Our Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-14600
Segmentation of Feeder Containers Market:
By Product Type:
- Dry Containers
- Reefer Containers
- Others
By Container Size:
- Small Size Containers
- Medium Size Containers
- High Cube Size Containers
By End Use:
- Oil, Gas, and Mining
- Food & Beverages
- Automotive
- Healthcare
- Electrical and Electronics
- Other Industries
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Middle East and Africa (MEA)
- Oceania
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
