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Container Market Literature Review

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1. Literature review:

Several aspects of the container market has been broadly discussed in several studies. To gain insight in such a broad subject as the container market, the subject container market is divided in some important parts:

 Containerization.
 Globalization.
 Port efficiency.
 Container handling capacity.
 Port investments.
 Port competition.
 Market developments.

1.1 Containerization:

To understand the container market, it is important to understand what the development of the container market has been. First of all, it is important to understand what kind of developments there have been in the container market after it’s introduction. The second question that arises is what trend the container market is following, and if a clear trend can be seen. If a trend can be seen, a conclusion could be …show more content…

The double digit growth rates are not possible to maintain and the only growth in the market could be an improvement of efficiency or the changes in level of economic activity (Notteboom & Rodrigue, 2009).

To link the containerization to the product life cycle a figure is seen below which shows the above standing phase and the time series in which it can hold up:

Figure 1.1 Graphic view of the product life cycle theory on the container market. (Notteboom & Rodrigue, 2009).

Concluding remarks are that the container market have had minimal developments after it’s introduction, only the markets surrounding the container have been developed through the years. Secondly, a clear trend can bee seen in the global container market, and this trend can be explained by the normal product life cycle. This means that future developments and forecasts should define in what stage of the life cycle the container market is in on that current time, in order to make reliable decision concerning the container

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