Konings and Thijs summarized clearly the conditions for the success of foldable containers in the market: (1) low costs for folding and unfolding the containers; (2) low manufacturing costs; (3) compatibility with existing equipment for intermodal transport; and (4) structural robustness.
The satisfaction of such conditions and the eventual adoption of the foldable container by the market would reduce the operation costs by 50% to 60% , the storage space in yard and depot by 80% and CO 2 emissions by 20% [8, 12].
This paper presents the design of a new 5-tier stacking foldable container with convenient folding and unfolding process and that can be produced economically compared to previous products. The selected size of the container is the standard 40-ft high cube because it represents about 70% of the maritime container fleet transiting Korean ports.
One main reason for this controversy is the high purchase cost of the foldable container. The current purchase cost of the developed foldable container is currently set to US$ 20,000 but will be lowered to US$ 10,000 in case of mass production, which is still significantly higher than the purchase price of US$ 5,000 of a standard 40-foot container.
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