Global Cargo Shipping Market Forecast to 2020-2027


Posted January 20, 2021 by Vidhyanigam98

Global Cargo Shipping Market is valued approximately at USD 11.44 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.6% over the forecast period 2020-2027.

 
Bharat Book Bureau Provides the Trending Market Research Report on “Global Cargo Shipping Market Size study, By Cargo Type (Liquid, Dry, General, And Containers), By Industry Type (Food, Electrical/Electronics, Mineral Fuels & Oils, Manufacturing, and Others), and Regional Forecasts 2020-2027 ”under TransportationCategory. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Global Cargo Shipping Market is valued approximately at USD 11.44 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.6% over the forecast period 2020-2027. The global market for freight transport is projected to draw substantial demand and the market is powered primarily by global economic growth. Depending on the freight and the type of accommodation, packing, receiving and securing requires various kind of ships to be transported. Investment in port facilities and the global supply-command period would have a positive impact on the cargo shipping industry. Growing investment in port facilities, the global supply and demand cycle are also main drivers for the cargo shipping industry. Expansion of commercial passages, such as the Panama Canal and the Suez Canal, increases the ability of the waterways and allows the movement of larger vessels to be used for freight transport. A growing number of countries entering into free trade negotiations would improve the freight shipping industry. In addition, numerous free trade agreements such as NAFTA, AFTA, TPSEP and others have greatly enabled countries to improve their economies. These agreements are not only responsible for the development of trade between countries, but also have a significant impact on the shipping industry.

The regional analysis of global Cargo Shipping Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific region is expected to register significant growth rate over the forecast period owing to growing demand for transport facilities is a core factor of the global shipping market for containers. The growing number of factories and processing units has fueled the development of the global shipping market for containers. In addition, a number of governments organizations are now boosting the development of the global shipping container industry by giving detailed advice to shipping firms.

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Major market player included in this report are:
A.P. Moller – Mersk A/S
Mediterranean Shipping Company Sa
China Cosco Holdings Company Limited
CMA CGM S.A
Hapag-Lloyd AG
Deutsche Post DHL Group
Ceva Logistics
Panalpina Welttransport (Holding) AG
Deutsche Bahn AG
Nippon Express Co. Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Cargo Type:
Liquid
Dry
General
Containers
By Industry Type:
Food
Electrical/Electronics
Mineral Fuels & Oils
Manufacturing
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Cargo Shipping Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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Last Updated January 20, 2021