Container Fleet Market Size - Forecast and Analysis 2021-2025
The container fleet market share is expected to increase USD 5.69 million from 2020-2025. The market is expected to witness robust growth at a CAGR of 4.53% during the forecast period. The market sizing has been built and validated using multiple demand-side and supply-side approaches for a detailed understanding of the container fleet market. The growing intermodal freight transportation is notably driving the container fleet market growth, although factors such as declining freight rates may impede market growth.
The size of the global container fleet market has been derived by triangulating data from multiple sources and approaches. While arriving at the market size, we have considered data points, such as the size of the parent market and the revenues of key market participants, such as A.P. Moller - Maersk AS, China COSCO SHIPPING Corp. Ltd., CMA CGM Group, Evergreen Marine Corp. (Taiwan) Ltd., Hapag Lloyd, HYUNDAI Merchant Marine Co. Ltd., Kawasaki Kisen Kaisha Ltd., Mediterranean Shipping Co. SA, Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki Kaisha.
Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the container fleet industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
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