The transportation of heavy goods and materials by sea from one port to another is called cargo shipping. It is considered the best mode of movement and transportation of goods and all business items. This is because it is very safe when working with delicate materials and is relatively inexpensive. Cargo transport is the cheapest and the oldest mode of transport. Caro ships have the largest carrying capacity and are most suitable for carrying bulky goods over long distances. There are three different types of goods shipped, and they are classified based on the cargo such as dry cargo, liquid cargo, and general cargo.
In addition, factor such as the introduction of containerization has brought about a dramatic shift in the waterway logistics industry. The increasing popularity of containerization and the rise in the number of new ports have influenced the growth of the market. Moreover, the demand for economical transportation facilities for the movement of bulk goods is expected to boost the growth of the cargo shipping market. Furthermore, growth in the oil & gas industry is also expected to fuel the growth of the logistics market in the waterways segment. For instance, in January 2020, Blue Water Shipping, a provider of transportation services, expanded its business in Latin America and opened an office in Guyana to offer support to the country’s oil industry.
The report on the global cargo shipping market focuses on current market trends and future growth opportunities for various cargo types such as liquid cargo, dry cargo, and general cargo.
It categorizes the market, in terms of ship types such as bulk carriers, general cargo ships, container ships, tankers, reefer ships, and others). By industry type, it is classified into food & beverages, manufacturing, retail, oil & gas, automotive, pharmaceutical, electrical & electronics, and others. Furthermore, it analyzes current trends of cargo shipping across different regions such as North America, Europe, Asia-Pacific, and LAMEA.
The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder.
The report features strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of key players to increase their market share and sustain the intense competition in the industry.
Prominent players profiled in the cargo shipping market report include A.P. Moller-Maersk Group, CMA CGM S.A, COSCO Shipping Co., Limited, DB Schenker, DHL Global Forwarding, Evergreen International Corp., Hapag-Lloyd AG, MSC Mediterranean Shipping Company S.A, Ocean Network Express Pte. Ltd., and Yang Ming Group.
In addition, factor such as the introduction of containerization has brought about a dramatic shift in the waterway logistics industry. The increasing popularity of containerization and the rise in the number of new ports have influenced the growth of the market. Moreover, the demand for economical transportation facilities for the movement of bulk goods is expected to boost the growth of the cargo shipping market. Furthermore, growth in the oil & gas industry is also expected to fuel the growth of the logistics market in the waterways segment. For instance, in January 2020, Blue Water Shipping, a provider of transportation services, expanded its business in Latin America and opened an office in Guyana to offer support to the country’s oil industry.
The report on the global cargo shipping market focuses on current market trends and future growth opportunities for various cargo types such as liquid cargo, dry cargo, and general cargo.
It categorizes the market, in terms of ship types such as bulk carriers, general cargo ships, container ships, tankers, reefer ships, and others). By industry type, it is classified into food & beverages, manufacturing, retail, oil & gas, automotive, pharmaceutical, electrical & electronics, and others. Furthermore, it analyzes current trends of cargo shipping across different regions such as North America, Europe, Asia-Pacific, and LAMEA.
The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder.
The report features strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of key players to increase their market share and sustain the intense competition in the industry.
Prominent players profiled in the cargo shipping market report include A.P. Moller-Maersk Group, CMA CGM S.A, COSCO Shipping Co., Limited, DB Schenker, DHL Global Forwarding, Evergreen International Corp., Hapag-Lloyd AG, MSC Mediterranean Shipping Company S.A, Ocean Network Express Pte. Ltd., and Yang Ming Group.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cargo shipping market analysis from 2021 to 2031 to identify the prevailing cargo shipping market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the cargo shipping market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global cargo shipping market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Industry Type
- Food and Beverages
- Manufacturing
- Retail
- Oil and gas
- Automotive
- Pharmaceutical
- Electrical and Electronics
- Others
By Cargo Type
- Liquid Cargo
- Dry Cargo
- General Cargo
By Ship Type
- Bulk Carriers
- General Cargo Ship
- Container Ship
- Tanker
- Reefer Ship
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Deutsche Post DHL Group
- Ocean Network Express Pte. Ltd.
- Evergreen International Corp.
- COSCO SHIPPING
- YANG MING Group
- db schenker
- Mediterranean Shipping Company S.A.
- Hapag-Lloyd AG
- CMA CGM GROUP
- a.p. moller - maersk
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increase in international marine freight transport
3.4.1.2. Increase in demand for cargo transportation through ships
3.4.1.3. Increase in trade-related agreements
3.4.2. Restraints
3.4.2.1. Fluctuations in transportation & inventory costs
3.4.2.2. Global trade tensions
3.4.3. Opportunities
3.4.3.1. Automation in marine transportation
3.4.3.2. Increase in marine safety norms
3.4.3.3. Growth of the digital freight forwarding industry
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: CARGO SHIPPING MARKET, BY CARGO TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2. Liquid Cargo
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. Dry Cargo
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4. General Cargo
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
CHAPTER 5: CARGO SHIPPING MARKET, BY SHIP TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2. Bulk Carriers
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3. General Cargo Ship
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4. Container Ship
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.5. Tanker
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country
5.6. Reefer Ship
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market share analysis by country
5.7. Others
5.7.1 Key market trends, growth factors and opportunities
5.7.2 Market size and forecast, by region
5.7.3 Market share analysis by country
CHAPTER 6: CARGO SHIPPING MARKET, BY INDUSTRY TYPE
6.1 Overview
6.1.1 Market size and forecast
6.2. Food and Beverages
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3. Manufacturing
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4. Retail
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
6.5. Oil and gas
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market share analysis by country
6.6. Automotive
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market share analysis by country
6.7. Pharmaceutical
6.7.1 Key market trends, growth factors and opportunities
6.7.2 Market size and forecast, by region
6.7.3 Market share analysis by country
6.8. Electrical and Electronics
6.8.1 Key market trends, growth factors and opportunities
6.8.2 Market size and forecast, by region
6.8.3 Market share analysis by country
6.9. Others
6.9.1 Key market trends, growth factors and opportunities
6.9.2 Market size and forecast, by region
6.9.3 Market share analysis by country
CHAPTER 7: CARGO SHIPPING MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Cargo Type
7.2.3 North America Market size and forecast, by Ship Type
7.2.4 North America Market size and forecast, by Industry Type
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Cargo Type
7.2.5.1.3 Market size and forecast, by Ship Type
7.2.5.1.4 Market size and forecast, by Industry Type
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Cargo Type
7.2.5.2.3 Market size and forecast, by Ship Type
7.2.5.2.4 Market size and forecast, by Industry Type
7.2.5.3 Mexico
7.2.5.3.1 Key market trends, growth factors and opportunities
7.2.5.3.2 Market size and forecast, by Cargo Type
7.2.5.3.3 Market size and forecast, by Ship Type
7.2.5.3.4 Market size and forecast, by Industry Type
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Cargo Type
7.3.3 Europe Market size and forecast, by Ship Type
7.3.4 Europe Market size and forecast, by Industry Type
7.3.5 Europe Market size and forecast, by country
7.3.5.1 UK
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Cargo Type
7.3.5.1.3 Market size and forecast, by Ship Type
7.3.5.1.4 Market size and forecast, by Industry Type
7.3.5.2 Germany
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Cargo Type
7.3.5.2.3 Market size and forecast, by Ship Type
7.3.5.2.4 Market size and forecast, by Industry Type
7.3.5.3 France
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Cargo Type
7.3.5.3.3 Market size and forecast, by Ship Type
7.3.5.3.4 Market size and forecast, by Industry Type
7.3.5.4 Russia
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Cargo Type
7.3.5.4.3 Market size and forecast, by Ship Type
7.3.5.4.4 Market size and forecast, by Industry Type
7.3.5.5 Rest of Europe
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Cargo Type
7.3.5.5.3 Market size and forecast, by Ship Type
7.3.5.5.4 Market size and forecast, by Industry Type
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Cargo Type
7.4.3 Asia-Pacific Market size and forecast, by Ship Type
7.4.4 Asia-Pacific Market size and forecast, by Industry Type
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Cargo Type
7.4.5.1.3 Market size and forecast, by Ship Type
7.4.5.1.4 Market size and forecast, by Industry Type
7.4.5.2 India
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Cargo Type
7.4.5.2.3 Market size and forecast, by Ship Type
7.4.5.2.4 Market size and forecast, by Industry Type
7.4.5.3 Japan
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Cargo Type
7.4.5.3.3 Market size and forecast, by Ship Type
7.4.5.3.4 Market size and forecast, by Industry Type
7.4.5.4 South Korea
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Cargo Type
7.4.5.4.3 Market size and forecast, by Ship Type
7.4.5.4.4 Market size and forecast, by Industry Type
7.4.5.5 Rest of Asia-Pacific
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Cargo Type
7.4.5.5.3 Market size and forecast, by Ship Type
7.4.5.5.4 Market size and forecast, by Industry Type
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Cargo Type
7.5.3 LAMEA Market size and forecast, by Ship Type
7.5.4 LAMEA Market size and forecast, by Industry Type
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Cargo Type
7.5.5.1.3 Market size and forecast, by Ship Type
7.5.5.1.4 Market size and forecast, by Industry Type
7.5.5.2 Middle East
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Cargo Type
7.5.5.2.3 Market size and forecast, by Ship Type
7.5.5.2.4 Market size and forecast, by Industry Type
7.5.5.3 Africa
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Cargo Type
7.5.5.3.3 Market size and forecast, by Ship Type
7.5.5.3.4 Market size and forecast, by Industry Type
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
9.1 Deutsche Post DHL Group
9.1.1 Company overview
9.1.2 Key Executives
9.1.3 Company snapshot
9.1.4 Operating business segments
9.1.5 Product portfolio
9.1.6 Business performance
9.1.7 Key strategic moves and developments
9.2 Ocean Network Express Pte. Ltd.
9.2.1 Company overview
9.2.2 Key Executives
9.2.3 Company snapshot
9.2.4 Operating business segments
9.2.5 Product portfolio
9.2.6 Business performance
9.2.7 Key strategic moves and developments
9.3 Evergreen International Corp.
9.3.1 Company overview
9.3.2 Key Executives
9.3.3 Company snapshot
9.3.4 Operating business segments
9.3.5 Product portfolio
9.3.6 Business performance
9.3.7 Key strategic moves and developments
9.4 COSCO SHIPPING
9.4.1 Company overview
9.4.2 Key Executives
9.4.3 Company snapshot
9.4.4 Operating business segments
9.4.5 Product portfolio
9.4.6 Business performance
9.4.7 Key strategic moves and developments
9.5 YANG MING Group
9.5.1 Company overview
9.5.2 Key Executives
9.5.3 Company snapshot
9.5.4 Operating business segments
9.5.5 Product portfolio
9.5.6 Business performance
9.5.7 Key strategic moves and developments
9.6 db schenker
9.6.1 Company overview
9.6.2 Key Executives
9.6.3 Company snapshot
9.6.4 Operating business segments
9.6.5 Product portfolio
9.6.6 Business performance
9.6.7 Key strategic moves and developments
9.7 Mediterranean Shipping Company S.A.
9.7.1 Company overview
9.7.2 Key Executives
9.7.3 Company snapshot
9.7.4 Operating business segments
9.7.5 Product portfolio
9.7.6 Business performance
9.7.7 Key strategic moves and developments
9.8 Hapag-Lloyd AG
9.8.1 Company overview
9.8.2 Key Executives
9.8.3 Company snapshot
9.8.4 Operating business segments
9.8.5 Product portfolio
9.8.6 Business performance
9.8.7 Key strategic moves and developments
9.9 CMA CGM GROUP
9.9.1 Company overview
9.9.2 Key Executives
9.9.3 Company snapshot
9.9.4 Operating business segments
9.9.5 Product portfolio
9.9.6 Business performance
9.9.7 Key strategic moves and developments
9.10 a.p. moller - maersk
9.10.1 Company overview
9.10.2 Key Executives
9.10.3 Company snapshot
9.10.4 Operating business segments
9.10.5 Product portfolio
9.10.6 Business performance
9.10.7 Key strategic moves and developments
List of Tables
Table 1. Global Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 2. Cargo Shipping Market for Liquid Cargo, by Region, 2021-2031 (Revenue, $Billion)
Table 3. Cargo Shipping Market for Dry Cargo, by Region, 2021-2031 (Revenue, $Billion)
Table 4. Cargo Shipping Market for General Cargo, by Region, 2021-2031 (Revenue, $Billion)
Table 5. Global Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 6. Cargo Shipping Market for Bulk Carriers, by Region, 2021-2031 (Revenue, $Billion)
Table 7. Cargo Shipping Market for General Cargo Ship, by Region, 2021-2031 (Revenue, $Billion)
Table 8. Cargo Shipping Market for Container Ship, by Region, 2021-2031 (Revenue, $Billion)
Table 9. Cargo Shipping Market for Tanker, by Region, 2021-2031 (Revenue, $Billion)
Table 10. Cargo Shipping Market for Reefer Ship, by Region, 2021-2031 (Revenue, $Billion)
Table 11. Cargo Shipping Market for Others, by Region, 2021-2031 (Revenue, $Billion)
Table 12. Global Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 13. Cargo Shipping Market for Food and Beverages, by Region, 2021-2031 (Revenue, $Billion)
Table 14. Cargo Shipping Market for Manufacturing, by Region, 2021-2031 (Revenue, $Billion)
Table 15. Cargo Shipping Market for Retail, by Region, 2021-2031 (Revenue, $Billion)
Table 16. Cargo Shipping Market for Oil and Gas, by Region, 2021-2031 (Revenue, $Billion)
Table 17. Cargo Shipping Market for Automotive, by Region, 2021-2031 (Revenue, $Billion)
Table 18. Cargo Shipping Market for Pharmaceutical, by Region, 2021-2031 (Revenue, $Billion)
Table 19. Cargo Shipping Market for Electrical and Electronics, by Region, 2021-2031 (Revenue, $Billion)
Table 20. Cargo Shipping Market for Others, by Region, 2021-2031 (Revenue, $Billion)
Table 21. Cargo Shipping Market, by Region, 2021-2031 (Revenue, $Billion)
Table 22. North America Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 23. North America Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 24. North America Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 25. North America Cargo Shipping Market, by Country, 2021-2031 (Revenue, $Billion)
Table 26. U.S. Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 27. U.S. Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 28. U.S. Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 29. Canada Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 30. Canada Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 31. Canada Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 32. Mexico Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 33. Mexico Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 34. Mexico Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 35. Europe Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 36. Europe Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 37. Europe Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 38. Europe Cargo Shipping Market, by Country, 2021-2031 (Revenue, $Billion)
Table 39. UK Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 40. UK Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 41. UK Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 42. Germany Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 43. Germany Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 44. Germany Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 45. France Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 46. France Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 47. France Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 48. Russia Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 49. Russia Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 50. Russia Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 51. Rest of Europe Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 52. Rest of Europe Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 53. Rest of Europe Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 54. Asia-Pacific Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 55. Asia-Pacific Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 56. Asia-Pacific Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 57. Asia-Pacific Cargo Shipping Market, by Country, 2021-2031 (Revenue, $Billion)
Table 58. China Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 59. China Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 60. China Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 61. India Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 62. India Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 63. India Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 64. Japan Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 65. Japan Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 66. Japan Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 67. South Korea Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 68. South Korea Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 69. South Korea Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 70. Rest of Asia-Pacific Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 71. Rest of Asia-Pacific Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 72. Rest of Asia-Pacific Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 73. LAMEA Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 74. LAMEA Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 75. LAMEA Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 76. LAMEA Cargo Shipping Market, by Country, 2021-2031 (Revenue, $Billion)
Table 77. Latin America Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 78. Latin America Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 79. Latin America Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 80. Middle East Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 81. Middle East Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 82. Middle East Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 83. Africa Cargo Shipping Market, by Cargo Type, 2021-2031 (Revenue, $Billion)
Table 84. Africa Cargo Shipping Market, by Ship Type, 2021-2031 (Revenue, $Billion)
Table 85. Africa Cargo Shipping Market, by Industry Type, 2021-2031 (Revenue, $Billion)
Table 86. Deutsche Post Dhl Group: Key Executives
Table 87. Deutsche Post Dhl Group: Company Snapshot
Table 88. Deutsche Post Dhl Group: Operating Segments
Table 89. Deutsche Post Dhl Group: Product Portfolio
Table 90. Deutsche Post Dhl Group: Net Sales
Table 91. Deutsche Post Dhl Group: Key Stratergies
Table 92. Ocean Network Express Pte. Ltd.: Key Executives
Table 93. Ocean Network Express Pte. Ltd.: Company Snapshot
Table 94. Ocean Network Express Pte. Ltd.: Operating Segments
Table 95. Ocean Network Express Pte. Ltd.: Product Portfolio
Table 96. Ocean Network Express Pte. Ltd.: Net Sales
Table 97. Ocean Network Express Pte. Ltd.: Key Stratergies
Table 98. Evergreen International Corp.: Key Executives
Table 99. Evergreen International Corp.: Company Snapshot
Table 100. Evergreen International Corp.: Operating Segments
Table 101. Evergreen International Corp.: Product Portfolio
Table 102. Evergreen International Corp.: Net Sales
Table 103. Evergreen International Corp.: Key Stratergies
Table 104. Cosco Shipping: Key Executives
Table 105. Cosco Shipping: Company Snapshot
Table 106. Cosco Shipping: Operating Segments
Table 107. Cosco Shipping: Product Portfolio
Table 108. Cosco Shipping: Net Sales
Table 109. Cosco Shipping: Key Stratergies
Table 110. Yang Ming Group: Key Executives
Table 111. Yang Ming Group: Company Snapshot
Table 112. Yang Ming Group: Operating Segments
Table 113. Yang Ming Group: Product Portfolio
Table 114. Yang Ming Group: Net Sales
Table 115. Yang Ming Group: Key Stratergies
Table 116. Db Schenker: Key Executives
Table 117. Db Schenker: Company Snapshot
Table 118. Db Schenker: Operating Segments
Table 119. Db Schenker: Product Portfolio
Table 120. Db Schenker: Net Sales
Table 121. Db Schenker: Key Stratergies
Table 122. Mediterranean Shipping Company S.A.: Key Executives
Table 123. Mediterranean Shipping Company S.A.: Company Snapshot
Table 124. Mediterranean Shipping Company S.A.: Operating Segments
Table 125. Mediterranean Shipping Company S.A.: Product Portfolio
Table 126. Mediterranean Shipping Company S.A.: Net Sales
Table 127. Mediterranean Shipping Company S.A.: Key Stratergies
Table 128. Hapag-Lloyd Ag: Key Executives
Table 129. Hapag-Lloyd Ag: Company Snapshot
Table 130. Hapag-Lloyd Ag: Operating Segments
Table 131. Hapag-Lloyd Ag: Product Portfolio
Table 132. Hapag-Lloyd Ag: Net Sales
Table 133. Hapag-Lloyd Ag: Key Stratergies
Table 134. Cma Cgm Group: Key Executives
Table 135. Cma Cgm Group: Company Snapshot
Table 136. Cma Cgm Group: Operating Segments
Table 137. Cma Cgm Group: Product Portfolio
Table 138. Cma Cgm Group: Net Sales
Table 139. Cma Cgm Group: Key Stratergies
Table 140. A.P. Moller - Maersk: Key Executives
Table 141. A.P. Moller - Maersk: Company Snapshot
Table 142. A.P. Moller - Maersk: Operating Segments
Table 143. A.P. Moller - Maersk: Product Portfolio
Table 144. A.P. Moller - Maersk: Net Sales
Table 145. A.P. Moller - Maersk: Key Stratergies
List of Figures
Figure 1. Segmentation of Cargo Shipping Market, 2021-2031
Figure 2. Cargo Shipping Market, 2021-2031
Figure 3. Top Investment Pockets, by Region
Figure 4. Porter Five-1
Figure 5. Porter Five-2
Figure 6. Porter Five-3
Figure 7. Porter Five-4
Figure 8. Porter Five-5
Figure 9. Cargo Shipping Market: Drivers, Restraints and Opportunities
Figure 10. Cargo Shipping Market, by Cargo Type, 2021 (%)
Figure 11. Comparative Share Analysis of Liquid Cargo Cargo Shipping Market, 2021 and 2031 (%)
Figure 12. Comparative Share Analysis of Dry Cargo Cargo Shipping Market, 2021 and 2031 (%)
Figure 13. Comparative Share Analysis of General Cargo Cargo Shipping Market, 2021 and 2031 (%)
Figure 14. Cargo Shipping Market, by Ship Type, 2021 (%)
Figure 15. Comparative Share Analysis of Bulk Carriers Cargo Shipping Market, 2021 and 2031 (%)
Figure 16. Comparative Share Analysis of General Cargo Ship Cargo Shipping Market, 2021 and 2031 (%)
Figure 17. Comparative Share Analysis of Container Ship Cargo Shipping Market, 2021 and 2031 (%)
Figure 18. Comparative Share Analysis of Tanker Cargo Shipping Market, 2021 and 2031 (%)
Figure 19. Comparative Share Analysis of Reefer Ship Cargo Shipping Market, 2021 and 2031 (%)
Figure 20. Comparative Share Analysis of Others Cargo Shipping Market, 2021 and 2031 (%)
Figure 21. Cargo Shipping Market, by Industry Type, 2021 (%)
Figure 22. Comparative Share Analysis of Food and Beverages Cargo Shipping Market, 2021 and 2031 (%)
Figure 23. Comparative Share Analysis of Manufacturing Cargo Shipping Market, 2021 and 2031 (%)
Figure 24. Comparative Share Analysis of Retail Cargo Shipping Market, 2021 and 2031 (%)
Figure 25. Comparative Share Analysis of Oil and Gas Cargo Shipping Market, 2021 and 2031 (%)
Figure 26. Comparative Share Analysis of Automotive Cargo Shipping Market, 2021 and 2031 (%)
Figure 27. Comparative Share Analysis of Pharmaceutical Cargo Shipping Market, 2021 and 2031 (%)
Figure 28. Comparative Share Analysis of Electrical and Electronics Cargo Shipping Market, 2021 and 2031 (%)
Figure 29. Comparative Share Analysis of Others Cargo Shipping Market, 2021 and 2031 (%)
Figure 30. Cargo Shipping Market by Region, 2021
Figure 31. U.S. Cargo Shipping Market, 2021-2031 ($Billion)
Figure 32. Canada Cargo Shipping Market, 2021-2031 ($Billion)
Figure 33. Mexico Cargo Shipping Market, 2021-2031 ($Billion)
Figure 34. UK Cargo Shipping Market, 2021-2031 ($Billion)
Figure 35. Germany Cargo Shipping Market, 2021-2031 ($Billion)
Figure 36. France Cargo Shipping Market, 2021-2031 ($Billion)
Figure 37. Russia Cargo Shipping Market, 2021-2031 ($Billion)
Figure 38. Rest of Europe Cargo Shipping Market, 2021-2031 ($Billion)
Figure 39. China Cargo Shipping Market, 2021-2031 ($Billion)
Figure 40. India Cargo Shipping Market, 2021-2031 ($Billion)
Figure 41. Japan Cargo Shipping Market, 2021-2031 ($Billion)
Figure 42. South Korea Cargo Shipping Market, 2021-2031 ($Billion)
Figure 43. Rest of Asia-Pacific Cargo Shipping Market, 2021-2031 ($Billion)
Figure 44. Latin America Cargo Shipping Market, 2021-2031 ($Billion)
Figure 45. Middle East Cargo Shipping Market, 2021-2031 ($Billion)
Figure 46. Africa Cargo Shipping Market, 2021-2031 ($Billion)
Figure 47. Top Winning Strategies, by Year
Figure 48. Top Winning Strategies, by Development
Figure 49. Top Winning Strategies, by Company
Figure 50. Product Mapping of Top 10 Players
Figure 51. Competitive Dashboard
Figure 52. Competitive Heatmap of Top 10 Key Players
Figure 53. Top Player Positioning, 2021
Figure 54. Deutsche Post Dhl Group.: Net Sales ($Billion)
Figure 55. Ocean Network Express Pte. Ltd..: Net Sales ($Billion)
Figure 56. Evergreen International Corp..: Net Sales ($Billion)
Figure 57. Cosco Shipping.: Net Sales ($Billion)
Figure 58. Yang Ming Group.: Net Sales ($Billion)
Figure 59. Db Schenker.: Net Sales ($Billion)
Figure 60. Mediterranean Shipping Company S.A..: Net Sales ($Billion)
Figure 61. Hapag-Lloyd Ag.: Net Sales ($Billion)
Figure 62. Cma Cgm Group.: Net Sales ($Billion)
Figure 63. A.P. Moller - Maersk.: Net Sales ($Billion)
Executive Summary
The Cargo Shipping Market is expected to experience a significant growth rate of 7.04% from 2022-2031 owing to the rising import and export activity globally.Cargo shipping is the way to move items, goods, cargo, etc. from a seaport to a destination via watercraft, such as a boat, ship, or sailboat, over a body of water such as a sea, ocean, canal, or river. It is the cheapest and the oldest mode of transport. It operates on a natural track; hence, it does not require huge capital investment in the construction and maintenance of its track except in the case of canals. The cost of operation of water transport is also very less. It has the largest carrying capacity and is most suitable for carrying bulky goods over long distances.
The major drivers for the market growth are the imports and exports of manufactured goods, bulk transportation of raw materials, and increasing demand for affordable food products are increasing the demand for water freight transportation. Global expansion of supply chains, liberalization of trade policies, and technological advances in shipping have facilitated trade in intermediate and final products, greatly reducing coordination and transportation costs. Furthermore, the introduction of containerization has brought dramatic changes to the waterborne logistics industry. The increasing popularity of containerization and the rise of new ports are influencing the growth of the market. In addition, new technological developments such as machine-to-machine (M2M) communications have transformed the transportation industry with dramatic changes in waterway transportation expected to drive demand in the cargo shipping market. Moreover, the demand for economical transportation facilities for bulk freight transportation is expected to boost the growth of the market. In addition, growth in the oil and gas industry is also expected to boost the growth of the waterway segment logistics market. For instance, in January 2020, shipping services provider Blue Water Shipping opened an office in Guyana to expand its operations in Latin America and support the country's oil industry.
The market also offers growth opportunities to the key players in the market. Large-scale construction activity in the industrial, residential, and non-residential sectors has increased the demand for steel. Increased shipments of steel and coal have significantly changed the market share of dry cargo shipping. In addition, the rise of the pharmaceutical industry has also boosted the need for refrigerated sea transportation solutions for the temperature-controlled transportation of medical supplies and medicines.
The cargo shipping market segmentation is based on cargo type, ship type, and industry type. By cargo type, it is divided into liquid cargo, dry cargo, and general cargo. By ship type, it is classified into bulk carriers, general cargo ships, container ships, tankers, reefer ships, and others. By industry type, it is divided into food & beverages, manufacturing, retail, oil & gas, automotive, pharmaceutical, electrical & electronic, and others. By region, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, and the Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and the Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The key players profiled in the study include A.P. Moller-Maersk Group, CMA CGM S.A, COSCO Shipping Co., Limited, DB Schenker, DHL Global Forwarding, Evergreen International Corp., Hapag-Lloyd AG, MSC Mediterranean Shipping Company S.A, Ocean Network Express Pte. Ltd., and Yang Ming Group. The players in the market have been actively engaged in the adoption of various strategies such as have adopted acquisition, agreement, expansion, partnership, investments, and product launches to remain competitive and gain an advantage over the competitors in the market. For instance, in November 2022, A.P. Moller-Maersk (Maersk) has launched a new ocean shipping service,"Shaheen Express," starting in the last week of November 2022. The"Shaheen Express" will rotate between Mundra, Pipavav, Jebel Ali, Dammam, and Jebel Ali, then back to Mundra. It will primarily aim at addressing rising demand from customers trading between the Indian and Gulf markets.
Key Market Insights
- By cargo type, the dry cargo segment was the highest revenue contributor to the market and is estimated to dominate the market during the forecast period.
- By ship type, the general cargo ship segment was the highest revenue contributor to the market in 2021 and is estimated to capture the highest revenue during the forecast period.
- By industry type, the food and beverages segment dominated the global market in 2021, and distributed area network is estimated to capture the highest market share during the forecast period.
- By region, Asia-Pacific was the highest revenue contributor, accounting for the largest market share in 2021, and is estimated to grow with a significant CAGR during the forecast period.
Companies Mentioned
- Deutsche Post DHL Group
- Ocean Network Express Pte. Ltd.
- Evergreen International Corp.
- COSCO SHIPPING
- YANG MING Group
- db schenker
- Mediterranean Shipping Company S.A.
- Hapag-Lloyd AG
- CMA CGM GROUP
- a.p. moller - maersk
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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