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Sustainable Sourcing in Shipping Containers Procurement: Trends and Best Practices

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The shipping containers category is anticipated to grow at a CAGR of 7.1% from 2023 to 2030. The expansion can be attributed to the rise in international trade, facilitated by the digitization of the shipping sector and the rising utilization of specialized containers. Additionally, the container industry has experienced further growth in response to increasing consumer demand. The shipping industry contributes to around 90% of the goods transported. According to the International Chamber of Shipping 2022 report, around 11 billion tons of goods are transported through shipping containers every year.

Apart from transportation, shipping containers have also been gaining momentum in the construction industry, from building homes to creating pop-up stores. Shipping containers are used for modular construction as they reduce costs and construction time and are efficient and easy to construct. They are used in the construction of homes, schools, hotels, and emergency shelters. For instance, in 2022, Spanish studio Fenwick Iribarren Architects constructed a thousand dormitory rooms using shipping containers for fans attending the FIFA World Cup 2022. Additionally, countries such as Australia and the UK are carrying out constructing activities using containers due to the need for affordable housing, specifically in urban areas. Rising demand for the category from the construction industry is expected to drive the growth of the category.

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2 months ago

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