Spain Shipping Container Market Size & Outlook, 2020-2028
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Spain shipping container market highlights
- The Spain shipping container market generated a revenue of USD 59.0 million in 2020 and is expected to reach USD 142.6 million by 2028.
- The Spain market is expected to grow at a CAGR of 11.7% from 2021 to 2028.
- In terms of segment, iso containers was the largest revenue generating product in 2020.
- ISO Containers is the most lucrative product segment registering the fastest growth during the forecast period.
Shipping container market data book summary
| Market revenue in 2020 | USD 59.0 million |
| Market revenue in 2028 | USD 142.6 million |
| Growth rate | 11.7% (CAGR from 2020 to 2028) |
| Largest segment | Iso containers |
| Fastest growing segment | ISO Containers |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | ISO Containers, Non-standard Containers |
| Key market players worldwide | A. P. Moller Maersk A/S Class A, China International Marine Containers (Group) Co Ltd Class H, Singamas Container Holdings Ltd, Sea Ltd ADR |
Other key industry trends
- In terms of revenue, Spain accounted for 0.9% of the global shipping container market in 2020.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany shipping container market is projected to lead the regional market in terms of revenue in 2028.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 538.4 million by 2028.
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Shipping Container Market Scope
Shipping Container Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Singamas Container Holdings Ltd | View profile | 3089 | 75-83 King’s Road, 19th Floor, SUP Tower, Hong Kong, Hong Kong | https://www.singamas.com |
| China International Marine Containers (Group) Co Ltd Class H | View profile | 50632 | CIMC R&D Centre, 2 Gangwan Avenue, 8th Floor, Shekou, Nanshan Distritct, Guangdong, Shenzhen, China, People's Republic of, 518067 | https://www.cimc.com |
| A. P. Moller Maersk A/S Class A | View profile | 100000 | Esplanaden 50, Copenhagen, Denmark, 1263 | https://www.maersk.com |
| Sea Ltd ADR | View profile | 62700 | 1 Fusionopolis Place, No. 17-10, Galaxis, Singapore, Singapore, 138522 | https://www.sea.com |
Spain shipping container market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to shipping container market will help companies and investors design strategic landscapes.
Iso containers was the largest segment with a revenue share of 98.31% in 2020. Horizon Databook has segmented the Spain shipping container market based on iso containers, non-standard containers covering the revenue growth of each sub-segment from 2017 to 2028.
Spain is the second-largest automotive producer and exporter in Europe after Germany. Spain’s vehicle exports from 2013 to 2019, observed an annual growth of 2.6%, following Germany at 2.9% over the same period. Thus, production and exports of vehicles represents a large opportunity for shipping container vendors in the country over long term.
However, sluggish growth of the exports is a concern for Spain and other European countries. It is projected to act as short-term restraint for the market. The key reasons behind sluggish growth of exports are—slower growth for new vehicle registration in the main European market, rise in competition in foreign markets, and uncertainty regarding clean energy technology.
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Our clientele includes a mix of shipping container market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain shipping container market, including forecasts for subscribers. This country databook contains high-level insights into Spain shipping container market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Spain shipping container market report size, by product, 2017-2028 (US$M)
Spain Shipping Container Market Share, 2020 & 2028 (US$M)
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