Sea Freight

Container market to grow 5.6% a year

- By Staff reporter
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A new market report published by Persistence Market Research, calculates that the global market for shipping containers is estimated to reach value of US$8.29 billion by the end of this year.

The “Global Market Study on Shipping Containers” said the market is expected to expand at a compound annual growth rate (CAGR) of 5.6% from 2015 - to reach a market value of US$11.47bn in 2021.

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