UAE Shipping Container Market Size & Outlook, 2020-2028
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UAE shipping container market highlights
- The UAE shipping container market generated a revenue of USD 23.8 million in 2020 and is expected to reach USD 55.8 million by 2028.
- The UAE market is expected to grow at a CAGR of 11.2% 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 23.8 million |
| Market revenue in 2028 | USD 55.8 million |
| Growth rate | 11.2% (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, UAE accounted for 0.4% 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 Middle East & Africa, UAE shipping container market is projected to lead the regional market in terms of revenue in 2028.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 55.8 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 |
UAE 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 98.32% in 2020. Horizon Databook has segmented the UAE shipping container market based on iso containers, non-standard containers covering the revenue growth of each sub-segment from 2017 to 2028.
The shipping container demand in the UAE is largely impacted by exports and other trade activities. The UAE was the 24th leading exporter in the world and exported goods worth USD 248 billion in 2019. The market is projected to benefit from the exports of crude petroleum, refined petroleum, gold, jewelry, and broadcasting equipment, among others.
The key exporting destinations are India, Japan, China, Switzerland, and Saudi Arabia. Investments in ports and infrastructure are projected to generate the demand for shipping containers in the country over the coming years.
For instance, as part of country’s maritime goals, ports such as Abu Dhabi are improving their capabilities to store medical supplies. Recently, the port opened the 19,000 sq. meters cold and ultra-cold storage facility for COVID-19 supply operations.
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Target buyers of UAE shipping container market databook
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Our clientele includes a mix of shipping container market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE shipping container market, including forecasts for subscribers. This country databook contains high-level insights into UAE shipping container market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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UAE shipping container market report size, by product, 2017-2028 (US$M)
UAE Shipping Container Market Share, 2020 & 2028 (US$M)
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