The global demand for Cargo Shipping Market is presumed to reach the valuation of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2021 - 2027. Whereas with regards to volume, the market was calculated XX Million Tons in 2020 and foreseen to touch XX Million Tons by 2027 with a CAGR of XX% during 2021-2027.
A cargo ship, also called a freighter, refers is a commercial ship that carries goods, cargo, and materials from one port to another. Cargo ships come in all sizes and specifically designed for the task, usually assembled with cranes and other mechanisms to unload and load. There are mainly five cargo types: liquid bulk, container cargo, breakbulk, dry bulk, and ro-ro. Majorly four different cargo ships are there as per the cargo they carry, including multi-purpose vessels, general cargo vessels, dry-bulk carriers, and tankers. Cargo shipping is considered the best approach for transportation of trade goods and any business item because it is cheap and very safe in handling delicate materials.
The growth in the global commodity demand that increases seaborne trade is the primary factor driving the Cargo Shipping market. The rising imports and exports of liquid, dry, general, and container cargo trade in the Asia Pacific & the Middle East countries contribute to the Cargo Shipping market's growth. The expanding industrial, pharmaceutical, petrochemical, agricultural, and automotive industry is positively impacting the Cargo Shipping market's growth. Moreover, the development of port infrastructure and rising inland marine cargo transport is likely to generate beneficial growth opportunities for key players of the Cargo Shipping market in the coming years.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of cargo shipping.
This section of the cargo shipping market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service..
By Cargo Infrastructure
By Cargo Type
- Port Developments in Asia
- Port Developments in Europe
- Port Developments in North America
- Port Developments in South America
- Port Developments in Africa
By Industry Type
- Container Cargo
- Bulk Cargo
- General Cargo
- Oil & Gas
- Food, Manufacturing
- Oil & Ores
- Electrical & Electronics
This section covers regional segmentation which accentuates on current and future demand for cargo shipping market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Cargo Shipping Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cargo shipping market include A.P. Moller Maersk, CMA CGM SA, Mediterranean Shipping Company S.A.,DHL Global Forwarding , Panalpina, Ceva, DB Schenker.S. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.