According to Fortune Business Insights™, the global container ship market size was valued at USD 13.49 billion in 2024 and is projected to grow from USD 15.37 billion in 2025 to USD 21.40 billion by 2032, exhibiting a CAGR of 4.8% during the forecast period. Asia Pacific dominated the market in 2024, accounting for 47.89% of the global share, driven by robust shipbuilding activities in countries such as China, Japan, and South Korea.
Container ships, also known as box ships, are the backbone of global maritime trade, transporting standardized containers filled with a wide range of goods—from electronics and machinery to perishable food products. These containers, measured in 20-foot or 40-foot equivalent units (TEUs/FEUs), are efficiently stacked on hatch covers and decks, enabling quick loading, unloading, and transfer across global supply chains. Refrigerated containers (reefers) are commonly used to transport temperature-sensitive goods, preserving product quality during transit.
Operating primarily on regular liner services, container vessels connect major ports worldwide, ensuring efficient, economical, and large-scale transportation that supports international trade and global economic growth.
The global container ship market is highly competitive, with players focusing on eco-friendly vessel design, automation, and large-scale operations. Leading companies include:
https://www.fortunebusinessinsights.com/container-ship-market-112874