Israel ISO Tank Container Market 2024–2033

Reports Description

As per the current market research conducted by CMI Team, the Israel ISO Tank Container Market is expected to record a CAGR of 4.2% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 1,310.9 Million and in 2023 projected value at USD 1,258.1 Million. By 2033, the valuation is anticipated to reach USD 1,898.4 Million.

Top Ten Tank Container Operators (2024)

Source: According to International Tank Container Organisation (ITCO)

The market of ISO tank containers is most concentrated, according to the International Tank Container Association estimations, as of the beginning of 2024, 50,17% of all containerized tanks are in the hands of ten main operators.

The market leader in terms of fleet size is Stolt Tank Containers with 50,855 tanks, the second largest is Hoyer Group with 41,600 tanks and the third largest Newport with 38,500 tanks. Others are Bertschi Group handling 33,400 tanks, China Railway Logistics handling 27,500 tanks and Den Hartogh handling 24,100 tanks.

The significance of the ISO tank containers’ management is evident from the market share control by a few of the large global companies like as Bulkhaul, E-way Group, Intermodal Tank Transport, and NRS Ocean Logistics to name a few.

They are involved in transportation of bulk liquids, gases and chemicals and their fleet capacities show their readiness to meet increasing market challenges. On-account of the fact that the market remains highly consolidated, these operators tend to display a stiff competitive rivalry to widen their operational fleets as well as control a larger market share.

Israel ISO Tank Container Market: Significant Growth Factors

The Israel ISO Tank Container Market presents significant growth opportunities due to several factors:

• Expansion of Chemical and Pharmaceutical Industries: The expansion of such sectors in Israel increases the usage of ISO tank containers for movement of liquid chemicals and pharmaceuticals that requires safe and efficient transport method. Productivity and exportation capabilities are the root causes of this expansion.

• Technological Advancements: Technological advancements including the smart tracking systems, and IoT technology, have brought efficient tracking and handling of the tank containers to great efficiency as well as safety. All these innovations make ISO tank containers more appealing to firms eager to enhance their supply chain solutions.

• Focus on Environmental Sustainability: Environmental awareness has grown a number of folds forcing the uptake of reusable ISO tank containers cutting on packaging material usage as compared to disposable ones. This has brought market transformation in sync with global sustainable goals and standards hence fueling market expansion.

• Growth in E-commerce and Online Retail: Due to the growth of e-shopping increasing the demand on the logistics of the liquid products, there is new opportunities for the ISO tank container market. These trends present threats for the companies as they should develop new services to increase their range of work and cover new niches.

• Expansion into Emerging Markets: Israeli enterprises can grow their businesses into these new frontiers of Middle East and Africa where the market demand for economical means of liquid transportation is on the rise. It can also create market demand and generate additional revenues among industry competitors.

Israel ISO Tank Container Market: Key Developments

The Israel ISO Tank Container Market has seen several critical developments in the past couple of years. Companies were looking to increase their market presence and reap synergies that could help them build up their product offerings and profitability. Some important inorganic development that can be seen in the Israel ISO Tank Container Market is through mergers and acquisitions.

• In 2024, Stolt Tankers has agreed a long-term charter deal with SFL Corporation Ltd. Two of the latest-generation chemical tankers, 33,000 DWT with 22 cargo tanks, have been ordered from SFL Corporation Ltd. The newbuild vessels were constructed in 2022-2023. Delivery is scheduled between June and August 2024.

• In 2022, Royal Den Hartogh Logistics was a provider of marine logistics in the Middle East and Asia Pacific, having merged MUTO Group in 2022. This is the Korean specialist for chemical and petrochemical logistics. The strategic merger gives them an expanded regional presence along with enhanced offerings across both regions.

Such improvements have assisted the companies in improving their offerings and market presence and to capture growth opportunities in the Israel ISO Tank Container Market. This trend is expected to continue as companies seek ways to come out ahead in the market.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Israel ISO Tank Container Market – Significant Threats

The growth and profitability of the Israel ISO Tank Container Market are at a significant risk due to several threats in the near future. Some of these threats are:

• Supply Chain Disruptions: Among all the current global supply chain disruptions, port congestion, shipping delay, and ISO tank container shortages are a few. Such factors could increase the costs and fluctuations of the logistics operations.

• Regulatory Compliance: International and local laws for such transportation keep changing and therefore regular with intense regulations for compliance. Violations of these laws and regulations attract fines, legal ramifications, and a tarnished reputation for companies that do business in the market.

• Environmental Concerns and Pressures: With environmental laws getting even tougher, business entities are forced to embrace environmental solutions and products. The utility to minimize carbon emissions and improve environmental management may have the unwanted effect of adding overheads and involving capital outlay.

• Market Competition: This is due to the fact that there is strong competition that is felt from both the domestic and the global multifoods competitors may put intense pressure on the pricing strategies and the amount of profit to be made. As such, to sustain competitive advantage, businesses must look for a competitive advantage through value added services, special offer solutions among other aspects.

• Economic Volatility: Increase in the global and local economic cycle may affect cargo transportation and ISO tank containers demand. Economic instability that has a negative impact on industrialization processes or the demand for transports of bulk liquids may be a constraint on market growth.

Category-Wise Insights

By Container Type:

• ≤30 ft Containers: Specifically, containers with a length of no more than 30 feet are used for transporting smaller quantities of liquid blocking flexibility for short distances and small amounts of freight. It is common in Israel owing to high adaptability and low cost suitable for the developing pharma and specialty chemicals industries. They are being combined with additional tracking smart systems to facilitate logistics and ensure they meet required safety measures.

• >30 ft Containers: Those with a size of more than thirty feet are intended to carry out more volume of liquids and hence ideal for long distance or bulk transport. In Israel, they are used to foster rising chemical and food industries that need high volume carriage. It can be established that pressures towards sustainable logistics are making new innovations in the segment where better strengths of sturdiness of the container is being sought with the use of environmentally friendly material due to pressures resulting from regulations that seek to address the emissions of greenhouse gases while reducing the overall costs of operations.

By Mode of Transportation

• Rail: Rail transportation this is the use of train to transport ISO tank containers – a cheaper way and effective means of transporting bulk liquids for long distances. In Israel, rail transport system is be used frequently as a result of dealing with many volumes and avoiding road traffic. The demand for railway line development is increasing in order to upgrade the transportation network to support the increasing demand for efficiency and to decrease the carbon footprint in line with the sustainability theme.

• Marine: The marine transport involves the use of ships to transport of the ISO tank containers over seas and oceans and the best mode of shipping for cross-border trading and any other form of bulk international shipments. Marine Transport in Israel is growing through investments in ports structures and innovative shipping companies and fleets. New scale economies arising from expansion of world trade and shift to larger vessels are the underlying reasons for the growth. Greater efficiency and advanced technologies of tracking and handling marine shipments are growing sophisticated logistics solutions.

• Road: Road transport is the transportation of ISO tank containers by use of trucks; it is convenient and provides direct deliveries for short distances and for regional use. In Israel, it presented significant importance because it is flexible and its users can get to any place they want by road transport. A new focus on smart logistics technologies and the means to optimise routes are being increasingly stressed. E-commerce is also growing the need for road solutions for transport cargoes to arrive at their destinations promptly.

By Application

• Chemicals: ISO tank containers for chemicals are unique automobiles developed for the transportation of chemicals, both hazardous, and non-hazardous. They are safe and follow code of conduct in regard to leaks and contamination to respect environmental laws. Israel in particular is Exporting chemical Iso tank containers due to a growing Israel chemical industry and a growing popularity of container due to better safety measures and environmental friendly technology.

• Pharmaceuticals: These ISO tank containers are utilized for transportation of liquid pharmaceuticals as well as have temperature sustainment to maintain the product characteristics. They are meant to achieve high levels of correct hygiene and legal requirements. The pharma sector in Israel is increasingly insisting on ISO tank containers with sophisticated temperature conditioning and electronic monitoring capabilities for safe transport of vulnerable medicine products.

• Petrochemicals: ISO tank containers specifically for petrochemicals are meant to transport liquid fuels coupled with other petrochemically produced products effectively. They are designed to contain high pressure as well as corrosive fluids. The increased production of energy and petrochemicals in Israel increases the consumption of ISO tank containers. Due primarily to the demands of transportation, firms are dedicating their resources seriously towards the procurement of sustainable, densely packed configurable materials.

• Food and Beverage: The major application of ISO tank containers for food and beverage is in moving liquid food products such as juices, oils and dairy products among other types of food products. They are disciplined with cleanliness and also in maintaining the quality of the products before they get to the customer’s hand. Israel is focused on the food and beverage industry; therefore, the need to obtain ISO tank containers that are cleaner and have better qualities. This aspect of change is also restating itself in the design of the containers with emphasis placed on sustainability as well as the reduction of wasteful practices.

Report Scope

Competitive Landscape: Israel ISO Tank Container Market

The Israel ISO Tank Container Market is highly competitive, with a large number of manufacturers operating in Israel. Some of the key players in the market include:

• Intermodal Tank Transport (ITT)
• Stolt-Nielsen Limited
• Hoyer Group
• VTG Tanktainer GmbH
• Den Hartogh Logistics
• Bulkhaul Limited
• M.I. Global Logistic Services Ltd.
• Eagletainer Logistics Pte Ltd
• NewPort Tank Containers LLC
• TWS Tankcontainer-Leasing GmbH & Co. KG
• Leschaco Group (Lexzau Scharbau GmbH & Co. KG)
• Gruber Liquid Logistics GmbH
• Exsif Worldwide Inc.
• Bertschi AG
• Eurotainer SA
• Others

Such companies as exist in the market and include the use of strategies like product differentiation, acquisitions, and affiliations.

Some of new entrants are Eagle Tank Containers and Innovative Liquid Solutions that aim at the aggressive growth of the Israel ISO Tank Container Market by introducing novelties such as smart tracking systems, environmentally friendly materials, and modular conception.

The main market players include Stolt-Nielsen Limited and Hoyer group which have well established networks, integrated technology and vast array of services. Using the existing structures of infrastructure and research and development powers, these leaders continue to emerge as a pack of giants in corporate liquid transportation, without compromising on the stringent measures of safety and optimized operation.

The Israel ISO Tank Container Market is segmented as follows:

By Container Type

• ≤30 ft
• >30 ft

By Mode of Transportation

• Rail
• Marine
• Road

By Application

• Chemicals
• Pharmaceuticals
• Petrochemicals
• Food and Beverage