Global Container Shipping Market Insights & Forecast Report 2021 - Dropping Oil Prices / Surging Coal Demand / Advancements in Container Shipping / Growing Trend of Containerization
Share this article Share this article ResearchAndMarkets.com's offering. The global container shipping market is predicted to reach US$10.93 billion in 2025, progressing at a CAGR of 8.49% over the period 2021-2025. Factors such as a growing population, accelerating economic growth, rising demand for shipping containers, increasing steel production and rapid urbanization are set to drive market growth. However, market growth is set to be challenged by mounting concerns regarding CO2 emissions, high shipment costs and environmental regulations. A few notable trends include dropping oil prices,...
Source: prnewswire.com