Reading Time: 3 minutes

Dublin, March 27, 2020 (GLOBE NEWSWIRE) — The “Smart Container Market to 2027 – Global Analysis and Forecasts by Components; Technology; Industry Vertical” report has been added to ResearchAndMarkets.com’s offering.

The global smart container market accounted for US$ 2.14 billion in 2018 and is expected to grow at a CAGR of 20.8% over the forecast period 2019-2027, to account for US$ 11.29 billion by 2027.

With rising global trade and complexities in the supply ecosystem, the need for the advanced smart container is rising. Demand for connected, modular, and flexible would assist in enhancing the process efficiency and will facilitate shipment visibility and monitoring. With escalating city delivery volumes, the smaller containers and innovative packaging have the potential to standardize urban logistics. Improved materials, advancement in automation aid the development and commercialization of efficient & sustainable supply chains.

The application of next-generation IoT solutions in packaging will transform visibility, traceability, and security. The e-commerce industry is growing in popularity. With such high internet penetration and growing demand for convenience, consumers are increasingly ordering groceries and other food products online. The above-mentioned factors are projected to render plenty of growth opportunities to the players of smart container market during the forecast period.

Globally, the smart container market is experiencing an intense growth with regards to continuous development in the box industry. In the US and Europe, consumer demand for healthy food products is increasing. Additionally, the shipping companies are witnessing a trend of movement towards containerized shipments of food than conventional break-bulk. Europe is considered as a chief market for imports of pharmaceuticals.

For export of temperature-sensitive pharmaceuticals, North America is the leading continent, while SAM and APAC are the major importers. Europe held the largest share of the smart container market in 2018 and is expected to continue its dominance during the forecast period of 2019-2027. Asia pacific and North America held the second and third position in the global smart container market in 2018 with market shares of >25% and >20%, respectively.

Reasons to Buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global smart container market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the global smart container market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Key Topics Covered

1. Introduction
1.1 Scope of the Study
1.2 Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Smart Container Market Landscape
4.1 Market Overview
4.2 Ecosystem Analysis
4.3 Expert Opinions
4.1 PEST Analysis
4.1.1 North America PEST Analysis
4.1.2 Europe PEST Analysis
4.1.3 Asia Pacific PEST Analysis
4.1.4 Middle East and Africa PEST Analysis
4.1.5 South America PEST Analysis

5. Smart Container Market – Key Industry Dynamics
5.1 Drivers
5.1.1 Increasing Demand for Perishable Food Bolstering the Smart Container Market Growth
5.1.2 Integration of IoT and Big Data into Box Industry
5.2 Restraint
5.2.1 High Cost of Smart Containers
5.3 Opportunity
5.3.1 Demand for Smart Reefer Vendors in the Diversified Verticals
5.4 Future Trend
5.4.1 Blockchain in Logistics Industry
5.5 Impact Analysis of Drivers and Restraints

6. Smart Container Market – Global Market Analysis
6.1 Global Smart Container Market Overview
6.2 Global Smart Container Market Forecast and Analysis
6.3 Market Positioning- Top Five Players

7. Global Smart Container Market Analysis – By Component
7.1 Overview
7.2 Smart Container Breakdown, By Component, 2018 & 2027
7.3 Hardware
7.4 Software
7.5 Services

8. Smart Container Market Analysis – Technology
8.1 Overview
8.2 Smart Container Market Breakdown, By Technology, 2018 & 2027
8.3 GPS
8.4 Cellular
8.5 Long Range Wide Area Network
8.6 Bluetooth Low Energy (BLE)
8.7 Others

9. Smart Container Market Analysis – By Industry Vertical
9.1 Overview
9.2 Smart Container Market Breakdown, By Industry Vertical, 2018 & 2027
9.3 Food and Beverages
9.4 Pharmaceutical
9.5 Oil and Gas
9.6 Chemicals
9.7 Others

10. Global Smart Container Market – Geographic Analysis
10.1 Overview
10.2 North America Smart Container Market, Revenue and Forecast to 2027
10.3 Europe Smart Container Market Revenue and Forecast to 2027
10.4 APAC Smart Container Market, Revenue and Forecast to 2027
10.5 Middle East & Africa Smart Container Market, Revenue and Forecast to 2027
10.6 South America Smart Container Market, Revenue and Forecast to 2027

11. Smart Container Market – Industry Landscape
11.1 Overview
11.2 Market Initiatives
11.3 Mergers & Acquisitions
11.4 New Developments

12. Smart Container Market – Company Profiles
12.1 A.P. Moller-Maersk A/S
12.2 Ambrosus
12.3 Globe Tracker, ApS
12.4 Hapag-Lloyd AG
12.5 Nexxiot AG
12.6 ORBCOMM Inc.
12.7 Phillips Connect Technologies
12.8 Smart Containers Group
12.9 Traxens
12.10 Zillionsource Technologies

For more information about this report visit https://www.researchandmarkets.com/r/i0ffgp

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: 
CONTACT: ResearchAndMarkets.com
         Laura Wood, Senior Press Manager
         press@researchandmarkets.com
         For E.S.T Office Hours Call 1-917-300-0470
         For U.S./CAN Toll Free Call 1-800-526-8630
         For GMT Office Hours Call +353-1-416-8900