KEY TAKEAWAYS
- Shipping containers help with gaining a steady income.
- These can be leased or resold at a great price.
- Apart from shipping, they can be used for other things as well.
- The global shipping market is expanding, and so are the needs for containers.
- It’s a cost-effective investment.
Have you ever paid attention to shipping containers? They are very useful and without them, world trade would be in trouble. Not to mention, the global shipping container market was valued at $10.60 billion in 2024.
But did you ever think that this can actually be a good investment? As you can see that its market is valued at billions, and several sectors rely on it heavily. People are missing out by not investing in it.
Well, just so you don’t make this mistake, in this article, I’ll mention why shipping containers are the smartest investment that you haven’t considered yet. Let’s get started.
Shipping containers have the potential to create a steady income. Once you have purchased them, they can be leased to others on a weekly or monthly basis. Look for companies that are looking for these things as they can pay good amount.
Shipping containers are needed by many sectors, but some need them for a certain number of them, and they intend to rent them until their work is done. Areas with steady commercial activity, like Queensland, often see increased demand for container hire Sunshine Coast services, making it easier for investors to lease out units regularly. Even if you are buying 4-5 of the containers and leasing them for an average of $120 weekly or $480 a month, you’ll be able to obtain half of the price paid within a month or two.
These work as a tangible asset because they are made up of solid items with a long lifespan span, meaning they can be sold anytime. Suppose any individual bought them for any work purpose, but now they don’t need them any longer, they can easily resell it.
Depending on its condition, size, and capacity, you can get at least 80% of the amount back, which is not bad at all. One more thing that can be done is buy it from the manufacturer at factory price and further sell it on market price, making a good amount of profit.
DID YOU KNOW?Malcolm McLean is the person who created the standard shipping containers in 1956!
Containers are usually large because they are used for storing or shipping items in bulk. But it can be used for other things as well. For example, they are suitable for small businesses like cafés. People can buy it and further customize it according to their needs, and turn it into a cozy place where people can come and get great food or drink.
If not this, brands can get them and modify them. This can later be displayed at various places and increase visibility. Given how big containers can be, they’ll be hard to ignore and grab the attention of those passing by.
These are also known for promoting sustainable practices as they are quite environmentally friendly. It’s like it can be anything you want it to be. Treat it as a canvas and make good use of it.
The shipping industry has been growing at a rapid rate because the demand for supplies and world trade is only increasing. Data showed in 2021 revealed that the cargo shipping market was valued at $2.2 trillion.
This industry relies on shipping containers, as they provide good safety and can carry tons of weight. They often look for second-hand containers in good shape as they are cheaper, and small cargo shipping companies even rent them.
If you are worried that it is going to cost you a lot of money to acquire these containers, then you are wrong. They are quite affordable, the standard 20ft containers cost $1000 in brand new contend and $500 if it’s used or old.
This is still the market value; if you managed to get it at the factory price, they’ll be even cheaper. You can get loans for it and pay it with the money gained by reselling or leasing this asset.
Transportation packages come in variants, and their functions and prices depend on the type you are getting. Below, you can see some of the ocean shipping containers and their benefits.
It’s visible that shipping containers make a good investment. While many might treat it as a big, bulky box made of metal, those who are smart will make good use of it. These are in high demand at the moment, so it would be a smart move to invest in them.
But don’t go overboard and only spend that amount that wouldn’t put you in any financial crisis. Understand the market and potential buyers to whom you can sell or lease it. It can be used for your business as well, and once you are done, get rid of it and get the amount paid back.
Ans: Yes, shipping containers are said to be a profitable investment. Their prices can increase over time, and the demand is already at an all-time high.
Ans: New technologies are being used to make these containers even better. With time, the operational cost would be reduced, and customer satisfaction would be enhanced.
Ans: Shipping containers do have a lifespan; if maintained properly, they can last up to 25 years or even more.