Moreover, ships can carry more cargo from one place to another within a short period. Ultimately, carriers’ newfound discipline could be positive for all, but only if service levels improve in a way that creates greater value throughout the international supply chain. Aviation Industry Outlook 2021 The last year has shaken the aviation industry to its core. Global Shipping Outlook: A Sneak Peek at 2021. In early January, I posted a report calling for 2021 to be "the year for shipping." Fitch Ratings 2021 Outlook: Global Shipping. The global shipping containers market is expected to decline from $8.16 billion in 2020 to $8.36 billion in 2021 at a compound annual growth rate (CAGR) of 2.48%. The report gives a guide to the shipping containers market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic. Overview 27.2.1.2. Will carriers work to improve poor service levels and reliability that many shippers have lamented this year, and if not, does that set the stage for contentious contract talks next spring? As historic a year as 2020 has been, its impact on the container shipping sector could be even more so. Global server shipments are expected to see a CAGR of 6.7% from 2020-2025, driven by demand for datacenter, HPC, AI and 5G related applications. Financial Performance 27.2.2. The outlook for the container shipping markets remains strong moving into 2021, a far cry from the dramatic declines the industry experienced at the start of 2020. Earnings of rated shipping companies will likely decline by around 6%-10% in 2020 ; Shipping demand shrinking on economic disruption, falling manufacturing output ; The outlook for the global shipping industry has changed to negative from stable in the wake of the coronavirus outbreak, Moody's Investors Service said today in a new report. Copyright and Disclaimer, For more information about this report visit https://www.researchandmarkets.com/r/fwcyhi, "Shipping Containers Global Market Report 2021: COVID-19 Implications and Growth", https://www.researchandmarkets.com/r/fwcyhi. The US economy is heating up—2021 growth will be the fastest since 1984. (CLIA), the leading voice of the global cruise industry, has released the annual 2021 State of the Cruise Industry Outlook. The Asia Pacific was the largest region in the shipping containers market in 2020. As one of the biggest contributors of greenhouse gases — contributing around 2.2% of global annual CO₂ emissions — the international shipping industry must make immediate and significant changes to help save the environment. Overview 27.2.3.2. As several effective vaccines begin to rollout in several countries, leaders are navigating the social, financial, and economic effects of the disease as they look to a post-pandemic world. Overview 27.2.4.2. Global Shipping Containers Market, Segmentation by End Use, 7. The market characteristics section of the report defines and explains the market. Decarbonization in the Shipping Industry: 2021 Outlook. Shipping Containers Market Trends and Strategies 4. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. Press Release Global Shipping Software Market 2021 Industry Analysis, Size, Share, Growth, Trends & Forecast To 2026 Published: Jan. 13, 2021 at 5:38 a.m. 2021 Global Mining Investment Outlook. Global Shipping Containers Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion 7.2. Global PC market to grow 8% in 2021 despite worsening component shortages. Restraints on the Market 5.2. CXIC Group 27.2.2.1. The market is expected to reach $10.73 billion in 2025 at a CAGR of 6.46%.Reasons to Purchase. Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies. After thirty days, you will receive 3 pieces of content and after sixty days you will receive 1 piece of content. Western Europe Shipping Containers Market, 19. By Emily Heaslip. Following a year unlike any other in the history of the industry, this report offers a look at the trends and analytics propelling the cruise industry forward in the coming year and beyond. And, the newer the unit, the more expensive it could be. South America Shipping Containers Market, 25. It analyses GDP proportion, expenditure per capita, shipping containers indicators comparison. Summary. For instance, in the USA, the average cost for a used container is around $2,000. The pandemic has sent shockwaves through global maritime transport and laid the foundations for … The 16 th annual KPMG global semiconductor industry outlook provides perspectives from a survey of 156 global semiconductor executives on the impact of COVID-19, financial expectations for the upcoming year, growth products and applications, industry issues, and strategic priorities. You can also subscribe to our daily newsletter. Global recovery prospects from the COVID-19 pandemic look brighter for 2021, but the sequence of the recovery matters. The global vertical farming market reached a value of about USD 3.1 billion in 2020. Market segmentations break down market into sub markets. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.The high costs associated with shipping containers is expected to restrain the growth of the shipping container market. 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