A Staggering 5.7% CAGR Projected for Container Fleet Market During 2017-2025
The business landscape of the global container fleet market is characterized by the rivalry between several international and local yet established players, states a research report by Transparency Market Research (TMR). The market demonstrates a moderately consolidated structure with AP Moller – Maersk, CMA CGM, Mediterranean Shipping Co., China Ocean Shipping, Hapag Lloyd, and Evergreen Marine holding more than 58% of the overall market in 2016. The leading players are increasing focusing on mergers, acquisitions, and strategic collaborations to sustain...
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