Container Leasing Market Growth Analysis 2023-29
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.