CONTAINER LINER MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Container Liner Market, By Material Type (Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene, Metallized Film, and Others), By Type (Standard Containers, Reefer Containers, Specialized Containers, and Others), By End-use Industry (Agriculture, Chemical, Building & Construction, Mining, Food & Beverage, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
This market is expected to experience steady growth in the coming years driven by increasing seaborne trade globally. Rising exports and imports between countries will drive the demand for container liners for shipping goods. Growing manufacturing industries in emerging economies of Asia and Africa exporting more finished goods will generate more demand for shipping.
Container shipping companies are highly dependent on international trade agreements and trade policies formed by countries. The North America region, led by the U.S., currently dominates the market and is expected to maintain its dominance.
Growing intra-Asian trade and Africa's rising exports to Asia present lucrative opportunities. Shipping lines are adding capacity on Asian and African routes. Adoption of advanced fleet management software and automated terminal operating systems by major ports provide efficiency gains for shippers. Consolidation trend within the shipping industry allows operators to achieve economies of scale and gain competitive advantage.