Global Shipping Containers market will reach 4130 million US$ by the end of 2025
Publisher: QYResearch
Published Date: 2019/8/15
The sudden boom in the international trade is the primary reason for global shipping containers market to swell at a significant pace. Betterment of the transportation systems has also had a positive impact on the global shipping containers market. The easy process of packing different products has shown prominence for this market to expand. The packaging industry is flourishing with its innovative processes through development of newer technologies, which is indirectly impacting the global shipping containers market. Furthermore, the global political scenario in favor of open markets and trade is also influencing the global shipping containers market growth.
The global shipping containers market was worth US$3760 mn in 2018 and the report suggests that it will reach US$4130 mn by 2025, surging at a sluggish CAGR of 1.3% during the period of 2019 and 2025.
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