The global container leasing market size was valued at USD 5.8 billion in 2021 and is poised to grow at a significant CAGR of 14% during the forecast period 2023-29. Container leasing involves entering into a working agreement with a container supplier. The supplier agrees to deliver a minimum number of containers to the client, with the understanding that the containers will be used for a specified time and at a rate documented within the terms of the lease agreement. The supplier and the customer will also agree to other terms and conditions required by applicable laws, and any other negotiations made between the two entities.

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The global container leasing market segmentation:

• By Product Type: Dry Containers, Reefer Containers, Tank Containers, Special Containers, Others
• By Application: Food Transport, Consumer Goods Transport, Industrial Product Transport, Others

Based on application type, global container leasing market is segmented into food transport, consumer goods transport, industrial product transport, others. Industrial Product Transport is accounted for higher revenue. Industrial transport is divided into internal and external transport depending on the area in which the conveyance occurs and its relationship to the production process. In the manufacturing industry, internal transport includes transport within a production shop and between shops; in the mining industry, it encompasses underground transport, surface transport, and quarry transport. Intrashop industrial transport, an integral part of the production process, is used to move workpieces and assemblies between working areas, sections, and departments within a shop.

Based on regional analysis, global container leasing market segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America global container leasing market contributed the largest share in 2021. The long-term lease is much less flexible than the master lease and favorite among leasing firms. A contract for a fixed period of time is settled upon, so there is a fixed number of containers and a timetable of distribution. A contract that leaves nothing to do for the leasing firm until the containers are signed over with the significant number of market markers boost the global market.

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Key player’s profiles in the global container leasing market are: Triton International, Blue Sky Intermodal, Florens, Seaco, Beacon Intermodal Leasing, Textainer, Touax, SeaCube Container Leasing, UES International (HK) Holdings, CAI International, CARU Containers, and Raffles Lease.

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