Market Overview:
The global flat rack container fleet market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for flat rack containers from various end-use industries, such as steel products, lumber, livestock, machine tools & heavy machinery, and others. North America is expected to lead the global flat rack container fleet market in terms of revenue during the forecast period. Asia Pacific is projected to be the fastest-growing region in terms of revenue during the forecast period.
Product Definition:
A flat rack container fleet is a collection of flat rack containers that are used to transport goods. The importance of a flat rack container fleet is that it can be used to transport goods in a variety of ways, which makes it versatile and useful.
20ft:
20ft is the measurement of length and it's used to define the size of flat rack container (FRC) fleet. It is also known as 20-foot equivalent unit (FEU). The FRCs are fabricated from high strength steel and designed to carry heavy commercial goods. They have a capacity between 1,000 kg to 10,000 kg load which can be transported through roadways or railways by using either low-bed type or high-bed type trucks.
40ft:
40ft is the measurement of length and it’s used to define the size of flat rack container (FRC) fleet. It is also known as 20-foot equivalent unit (EEU). The 40ft consists of four 20FT containers connected by cross beams, with a total capacity between 2,000 kg to 8,000 kg. It can be used for transportation purposes in various modes including road, rail or seaborne.
Application Insights:
The steel products application segment led the global flat rack container fleet market and accounted for more than a 29% share of the total revenue in 2017. The segment is projected to expand further at a steady CAGR from 2018 to 2030 owing to increasing demand for various types of steel products, such as bars, rods, beams and sheets across end-use industries.
The other applications include construction materials such as cement and aggregates along with agricultural commodities such as fertilizers and pesticides. The growth of these sectors is largely dependent upon regional development policies adopted by governments at federal, state and local levels in different parts of the world. Henceforth stable economic growth coupled with effective government policies will determine the future course of agriculture-related activities in regions including Latin America Pacific Asia Africa ,and Middle East & North Africa over the forecast period thereby influencing product demand positively.
Regional Analysis:
Asia Pacific dominated the global flat rack container fleet market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of rapid industrialization and urbanization. Countries such as China, India, Thailand, Vietnam are among the prominent manufacturing hubs with high demand for transportation equipment owing to their large production capacities and robust manufacturing industry.
The Asia Pacific regional market was followed by Europe in terms of revenue share in 2017 owing to a rise in demand from countries such as Germany, U.K.
Growth Factors:
- Increasing demand for flat rack containers in the transportation and logistics sector
- Rising popularity of intermodal freight transport
- Proliferation of e-commerce and the need for fast, reliable delivery services
- Growing international trade and investment flows
- Advances in container manufacturing technology that make flat racks more affordable and accessible
Scope Of The Report
Report Attributes
Report Details
Report Title
Flat Rack Container Fleet Market Research Report
By Type
20ft, 40ft
By Application
Steel Products, Lumber, Livestock, Machine Tools & Heavy Machinery, Others
By Companies
Maersk, MSC, COSCO Shipping, CMA CGM, Hapag-Lloyd AG, Ocean Network Express (ONE), Evergreen Line, HMM Co Ltd., YangMing Marine Transport Corp., ZIM, Wan Hai Lines, Pacific International Lines, Zhonggu Logistic, KMTC, HDS LINE, Sinokor Merchant Marine
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Flat Rack Container Fleet Market Report Segments:
The global Flat Rack Container Fleet market is segmented on the basis of:
Types
20ft, 40ft
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Steel Products, Lumber, Livestock, Machine Tools & Heavy Machinery, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Maersk
- MSC
- COSCO Shipping
- CMA CGM
- Hapag-Lloyd AG
- Ocean Network Express (ONE)
- Evergreen Line
- HMM Co Ltd.
- YangMing Marine Transport Corp.
- ZIM
- Wan Hai Lines
- Pacific International Lines
- Zhonggu Logistic
- KMTC
- HDS LINE
- Sinokor Merchant Marine
Highlights of The Flat Rack Container Fleet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 20ft
- 40ft
- By Application:
- Steel Products
- Lumber
- Livestock
- Machine Tools & Heavy Machinery
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flat Rack Container Fleet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A flat rack container fleet is a type of maritime transportation that uses containers to move goods. These fleets are typically used for the transport of goods between ports.
Some of the key players operating in the flat rack container fleet market are Maersk, MSC, COSCO Shipping, CMA CGM, Hapag-Lloyd AG, Ocean Network Express (ONE), Evergreen Line, HMM Co Ltd., YangMing Marine Transport Corp., ZIM, Wan Hai Lines, Pacific International Lines, Zhonggu Logistic, KMTC, HDS LINE, Sinokor Merchant Marine.
The flat rack container fleet market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flat Rack Container Fleet Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flat Rack Container Fleet Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flat Rack Container Fleet Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flat Rack Container Fleet Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flat Rack Container Fleet Market Size & Forecast, 2018-2028
4.5.1 Flat Rack Container Fleet Market Size and Y-o-Y Growth
4.5.2 Flat Rack Container Fleet Market Absolute $ Opportunity
Chapter 5 Global Flat Rack Container Fleet Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Flat Rack Container Fleet Market Size Forecast by Type
5.2.1 20ft
5.2.2 40ft
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Flat Rack Container Fleet Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Flat Rack Container Fleet Market Size Forecast by Applications
6.2.1 Steel Products
6.2.2 Lumber
6.2.3 Livestock
6.2.4 Machine Tools & Heavy Machinery
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flat Rack Container Fleet Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flat Rack Container Fleet Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Flat Rack Container Fleet Analysis and Forecast
9.1 Introduction
9.2 North America Flat Rack Container Fleet Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Flat Rack Container Fleet Market Size Forecast by Type
9.6.1 20ft
9.6.2 40ft
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Flat Rack Container Fleet Market Size Forecast by Applications
9.10.1 Steel Products
9.10.2 Lumber
9.10.3 Livestock
9.10.4 Machine Tools & Heavy Machinery
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Flat Rack Container Fleet Analysis and Forecast
10.1 Introduction
10.2 Europe Flat Rack Container Fleet Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Flat Rack Container Fleet Market Size Forecast by Type
10.6.1 20ft
10.6.2 40ft
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Flat Rack Container Fleet Market Size Forecast by Applications
10.10.1 Steel Products
10.10.2 Lumber
10.10.3 Livestock
10.10.4 Machine Tools & Heavy Machinery
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Flat Rack Container Fleet Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Flat Rack Container Fleet Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Flat Rack Container Fleet Market Size Forecast by Type
11.6.1 20ft
11.6.2 40ft
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Flat Rack Container Fleet Market Size Forecast by Applications
11.10.1 Steel Products
11.10.2 Lumber
11.10.3 Livestock
11.10.4 Machine Tools & Heavy Machinery
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Flat Rack Container Fleet Analysis and Forecast
12.1 Introduction
12.2 Latin America Flat Rack Container Fleet Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Flat Rack Container Fleet Market Size Forecast by Type
12.6.1 20ft
12.6.2 40ft
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Flat Rack Container Fleet Market Size Forecast by Applications
12.10.1 Steel Products
12.10.2 Lumber
12.10.3 Livestock
12.10.4 Machine Tools & Heavy Machinery
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Flat Rack Container Fleet Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Flat Rack Container Fleet Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Flat Rack Container Fleet Market Size Forecast by Type
13.6.1 20ft
13.6.2 40ft
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Flat Rack Container Fleet Market Size Forecast by Applications
13.10.1 Steel Products
13.10.2 Lumber
13.10.3 Livestock
13.10.4 Machine Tools & Heavy Machinery
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flat Rack Container Fleet Market: Competitive Dashboard
14.2 Global Flat Rack Container Fleet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Maersk
14.3.2 MSC
14.3.3 COSCO Shipping
14.3.4 CMA CGM
14.3.5 Hapag-Lloyd AG
14.3.6 Ocean Network Express (ONE)
14.3.7 Evergreen Line
14.3.8 HMM Co Ltd.
14.3.9 YangMing Marine Transport Corp.
14.3.10 ZIM
14.3.11 Wan Hai Lines
14.3.12 Pacific International Lines
14.3.13 Zhonggu Logistic
14.3.14 KMTC
14.3.15 HDS LINE
14.3.16 Sinokor Merchant Marine
