The volume and value of merchandise traded across the world has doubled over the period from 2005 to 2015, which is only a span of a decade. The Share of trade conducted thru seaways is close to 90% which necessitates the use of containers. The advent of seaways transportation translated into the demand for large numbers of containers viz a viz container management, which surfaced as a critical element of a supply chain. To capitalize the opportunity equipment manufacturing companies such as Baltkran and Konecranes who leveraged early mover advantage, by engineering and designing container stacking machine that focuses on the mass handling of merchandise which further brings down the cost of container handling to a great extent. The upper hand to container stacking machine manufacturers are that it led to is lowering of packaging, damage of products and increase in productivity, in which the benefits is passed onto the entire supply chain process.
Market Dynamics on Container Stacking Machine Market
Many factors drive the global container stacking machine market and some of the key factors which are highlighted are end to end service offering by container stacking machine market which makes it a stand out point of differentiation. Along with the need to evolve from the earlier traditional way of doing business to IT support channels and this is possible with the enormous investment made by container stacking machine manufacturers which lead to a unique experience on business to business level. These is equally supported by the flexibility based charging to address the business uncertainty and to reduce risk from the distributers.
At the same time, the variation in supply and demand is the main reason that creates an imbalance which leads to volatility in revenue of container stacking machine market. Along with the high rate of unused containers which poses a serious fall back to container stacking machine market.
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One of the worst prudence faced by small players is squeezing of the market in a dirty price war game in which the major players dominate the market eventually leaving small players with no chance of profit which indirectly pushes them on the verge of closure. And also a sudden change in the dependent factors such as gases, etc which automatically affect the demand of correlated industries such as food and beverages which rely heavily on container stacking machine market.
Market Segmentation on Container Stacking Machine Market
Container stacking machine market by product Type:
- Automated RTG (ARTG) system
- Automated RMG (ARMG) system
- Ship to shore Gantry cranes
- Rubber tired gantry cranes
- Rail mounted gantry cranes
- Straddle carriers
There is a complete wide set of range on containers stacks from semiautomatic to fully automatic with each of them designed and manufactured taking in consideration it productivity, uses, reliability, maintenance cost and safety standard.
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As per the statically data published by world trade organization of the last decade, regions such as Asia, Europe and North America itself accounted for more than 80 percentage of trade. Merchandise trade between the developing nations has also significantly increased, showing positive signs of growth in regions of Asia. Brazil, China and India are a point of interest in coming years. With strong initiatives taken by the developing nations, it is bound to have a positive impact on packaging industry and eventually container stacking machine market.