The global cargo shipping market is projected to grow at a CAGR of over 3%, in value terms, during 2023-2027. Global trade of manufactured goods, increasing demand & supply for sea transportation, growing infrastructure development in various countries are the factors for growth in global cargo shipping market. Challenges related to global environmental changes and geopolitics can hamper the growth of cargo shipping market.
The global cargo shipping market is segmented based on product, industry and geography. Based on product type, general cargo dominated the market in 2024-2032 as it includes advantages such as individual transport of commodities that help in reduced ship time at port terminals and enhanced utilization of ship space. Regionally, Asia-Pacific dominated the market share in 2024-2032 which can be attributed to rising trend of globalization and demographic changes.
Some of the major players operating in the global cargo shipping market include CMA-CGM SA, A.P. Moller-Maersk Group, Mediterranean Shipping Company S.A., Panalpina World Transport Ltd., DHL Global Forwarding, China COSCO Holdings Company Limited, Nippon Express Co., Ltd, Hapag-Lloyd AG, Ceva Logistics and Deutsche Bahn AG.
Objective of the Study
- To analyze andforecast market size of the Global Cargo Shipping market, in terms of value& volume.
- To define, classifyand forecast the global cargo shipping market on the basis of cargo type, byindustry and regional distribution.
- To scrutinize thedetailed market segmentation and forecast the market size, in terms of value,on the basis of region by segmenting global Cargo Shipping market into fiveregions, namely, North America, South America, Europe, Asia Pacific and MEA.
- To identify tailwindsand headwinds for the global cargo shipping market.
- To examinecompetitive developments such as expansions, new product launches, supplycontracts, and mergers & acquisitions in the global Cargo Shipping market.
- To evaluatecompetitor and trends in the global Cargo Shipping market.
- To strategicallyprofile the leading players, which are involved in the Cargo Shipping globally.
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Market insights research performed primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of cargo shipping providers and suppliers globally. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research was able to include providers that could not be identified due to the limitations of secondary research. Market insights research regional presence of all major Cargo Shipping suppliers across the globe.
Market insights research calculated the market size for the global cargo shipping market using a bottom-up approach, where providers’ value data for different cargo type of (Container Cargo, Bulk Cargo & General Cargo) Cargo Shipping was recorded as well as forecast for the future years was made. Market insights research sourced these values from industry experts and company representatives, and externally validated through
Key Target Audience
- Global cargo shipping providers
- Global cargo shipping suppliers
- Research organizations and consulting companies
- Organizations, associations and alliances related to cargo shipping providers
- Government bodies such as regulating authorities and policy makers.
- Industry associations
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as cargo shipping providers and policy makers,
Attribute | Details |
Base Year | 2024-2032 |
Historical Data | 2024-2032 – 2024-2032 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2024-2032-2024-2032 and 2022E-2027F |
Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Product Type · Industry |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain, Italy; South Africa, UAE, Saudi Arabia; Iraq; Brazil, Argentina, Colombia; |
Key companies profiled | CMA-CGM SA, A.P. Moller-Maersk Group, Mediterranean Shipping Company S.A., Panalpina World Transport Ltd., DHL Global Forwarding, China COSCO Holdings Company Limited, Nippon Express Co., Ltd, Hapag-Lloyd AG, Ceva Logistics and Deutsche Bahn AG. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |