ISO Container Market to Experience 9.4% CAGR during 2023-2030; Novel Technology for Container Tank Will Spur Market Growth

The global ISO container market size was valued at 737.9 thousand units in 2022. The market is projected to grow from 801.5 thousand units in 2023 to 1,499.2 thousand units by 2030, exhibiting a CAGR of 9.4% during the forecast period. “ISO Container Market Size, Share & COVID-19 Impact Analysis, By Transport Mode (Road, Rail, and Marine), By Container Type (Multi-Compartment Tank, Lined Tank, Reefer Tank, Cryogenic & Gas Tanks, and Swap Body Tank), By End-use Industry (Chemicals, Petrochemicals, Food & Beverage, Pharmaceuticals, Industrial Gas, and Others) and Regional Forecast, 2023– 2030”.

To transport huge quantities of liquids, gases, and powders, specialized shipping containers called ISO tank containers are employed. The design and construction of these containers, which are extensively utilized in the chemical and petrochemical sectors, comply with all applicable international safety regulations. The market for ISO tank containers is expected to grow significantly in the future as a result of the increased demand for these containers across a number of industries. There are four basic kinds of ISO Container: lined tanks, multi-compartment tanks, reefer tanks, and cryogenic and gas tanks.

Market Growth Was Accelerated by Rising Demand in Several Industries During COVID-19 Pandemic

In the long run, the need for ISO container is rising in the healthcare, e-commerce, and chemicals and petrochemicals industries. In order to handle future emergencies like the COVID-19 pandemic, manufacturers will attempt to restructure their operational business model and develop a more disruption-proof approach. In China, though, exports have fared better than imports. While exports increased by 1.3% between March and May of 2020, imports fell by 5.8% during that time. The UNCTAD has investigated the complication factors preventing trade recovery as a result of extraordinary container shortages.

Companies Focus on Acquisitions to Develop Novel Products

In November 2021, Royal Den Hartogh Logistics, an independent logistics service provider for the Korean chemical and petrochemical industries, merged with MUTO Group. The regional reach of both organizations is increased by this tactical maneuver.

Market Expansion Will Be Aided By Rising Demand for Oil and Gas Exports

On the global market, usage of gas and crude oil has rapidly increased. With every year that goes by, the aggregate production reaches previously unheard-of heights. The finding of shale gas in Russia and the United States has contributed to this. According to our data, production will keep growing faster than real need in the upcoming years. On the other side, fewer active wells are being drilled as output increases. For instance, in 2018 and 2019, the U.S. produced more than 12 million barrels per day (12.8 million in 2018). Additionally, daily gross natural gas withdrawals in the aforementioned years were 109.4 billion cubic feet and 116.8 billion cubic feet, respectively. These factors are anticipated to increase the global ISO container market share.

However, accidents during transit, loading, or unloading may result from variations in temperature and pressure inside the container, which may also put stress on the shell. These factors may stifle the market growth.

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Competitive Landscape

Major Players Concentrate on New Products and Technology for Container Tanks

With several competitors competing on a global scale, and in some places where domestic firms hold a sizable share of the industry, the market is recognized as being extremely competitive. These players also own joint manufacturing investments and distribution channels that are expanded to many countries. The robust R&D infrastructure of these companies empowers them to develop and unveil modern products with high world standards in terms of operational efficiency and the level of accuracy and precision.

Notable Industry Development:

• January, 2022 – The HOYER Group has been investing in safety equipment for heavy trucks for a long time. It also includes technical innovations to protect particularly vulnerable road users, such as cyclists and pedestrians.

List of Key Players Profiled in the Report:

• Intermodal Tank Transport (U.S.)


• Bertschi AG(Switzerland)


• Bulkhaul Limited (U.K.)


• Royal Den Hartogh Logistics (Netherlands)


• HOYER GmbH (Taiwan)


• Interflow TCS Ltd. (U.K.)


• New Port Tank (Netherlands)


• Sinochain Logistics Co., Ltd. (China)


• Stolt-Nielsen Limited (U.K.)


• VTG Tanktainer GmbH (Germany)

Further Report Findings:

• The Asia Pacific region won the regional market, and it will continue to hold a sizable portion of the market share in the years to come. Its dominant position in the world market is mostly due to concrete marine trade from Asia Pacific nations, including China, India, South Korea, and Japan. China, the biggest manufacturer of ISO Container, is where more than 80% of global production is done.


• As marine trade activities increase, the industry is expected to experience significant expansion in Europe.


• North America is also predicted to hold a substantial share of the market because of the increasing construction of warehouses and distribution centers in the region.


• The Middle East & Africa is predicted to enjoy tremendous expansion in the coming years. This is attributable to a growing transport and logistics sector and an increase in sea and land commerce activities.

Table of Segmentation