Market Overview:
The global cargo shipping market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for goods and services across the globe, coupled with the growth in international trade. The container cargo segment is expected to dominate the global cargo shipping market during the forecast period, owing to its high efficiency and low cost as compared to other modes of transportation such as road or rail transport. Asia Pacific is expected to be the fastest-growing region in terms of revenue during the forecast period, followed by Europe and North America.
Product Definition:
Cargo shipping is the process of transporting goods or materials from one place to another by ship. Cargo shipping is important because it allows businesses to trade and conduct business with other countries around the world.
Container Cargo:
Container cargo is a type of cargo that is generally carried in shipping containers. Container cargos are most widely used for transporting goods within the boundaries of a country. However, it can also be used to transport goods across international borders.
The global container cargo market has been witnessing strong growth over the past few years and this trend is expected to continue over the forecast period owing to several factors such as globalization, rapid urbanization and industrialization in emerging economies such as India.
General Cargo:
General cargo is a catch-all term for the wide variety of goods that are transported in bulk from one destination to another. It can be classified as per its size, shape, density and load capacity. The general cargo market is expected to witness significant growth over the forecast period owing to increasing global trade activities coupled with growing e-commerce industry across the world.
Application Insights:
The manufacturing segment led the global cargo shipping market and accounted for more than 30.0% share of the total revenue in 2017. The growth is attributed to the rising demand for manufactured goods across various industries, including automotive, construction, consumer durables and electronics. Furthermore, growing foreign investments coupled with increasing production activities in emerging countries such as China India and Brazil are expected to drive the global manufacturing industry over the forecast period thereby propelling product demand globally.
The food segment is anticipated to register a CAGR of XX% from 2018 to 2030 owing to an increase in product variety along with changing consumer preferences towards convenience foods across various regions worldwide including North America Europe Asia Pacific Middle East & Africa Latin America The ore segment followed closely behind at 7%.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period, owing to factors such as growing population and rapid industrialization and urbanization. Moreover, increasing foreign investments coupled with favorable government policies are anticipated to drive regional growth over the coming years.
The Asia Pacific has emerged as a key trade hub for manufacturing industries across the globe due to availability of low-cost labor, proximity to raw material suppliers, easy access of export markets along with developed infrastructure facilities for transportation etc. Increasing demand for consumer electronics along with automobiles is also likely boost regional growth in future years.
Europe accounted for a significant share in terms of revenue and volume transported during 2017 on account of high import-export activities coupled within presence large number multinational companies engaged in manufacturing various products including chemicals & petrochemicals; machinery; food & beverage; oil & gas etc.).
Growth Factors:
- Increasing globalization and trade: The cargo shipping market is driven by the increasing globalization and trade. With the rise in international business, there is an increase in demand for cargo shipping services.
- Development of new shipping routes: The development of new shipping routes has helped to boost the growth of the cargo shipping market. This is because it has made it easier for businesses to transport goods between different parts of the world.
- Increase in maritime trade: The growth of maritime trade has also helped to drive the growth of the cargo shipping market. This is because it has resulted in an increase in demand for transportation services between different countries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cargo Shipping Market Research Report
By Type
Container Cargo, General Cargo, Bulk Cargo
By Application
Oil, Ores, Food, Manufacturing, Electrical & electronics
By Companies
A.P. Moller-Maersk Group, CMA-CGM SA, Mediterranean Shipping Company SA, DHL Global Forwarding, China Cosco Holdings Company Limited, Nippon Express Co. Ltd, Hapag-Lloyd AG, Hyundai Merchant Marine, Ceva Logistics, EVERGREEN MARINE CORP
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Cargo Shipping Market Report Segments:
The global Cargo Shipping market is segmented on the basis of:
Types
Container Cargo, General Cargo, Bulk Cargo
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil, Ores, Food, Manufacturing, Electrical & electronics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- A.P. Moller-Maersk Group
- CMA-CGM SA
- Mediterranean Shipping Company SA
- DHL Global Forwarding
- China Cosco Holdings Company Limited
- Nippon Express Co. Ltd
- Hapag-Lloyd AG
- Hyundai Merchant Marine
- Ceva Logistics
- EVERGREEN MARINE CORP
Highlights of The Cargo Shipping Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Container Cargo
- General Cargo
- Bulk Cargo
- By Application:
- Oil
- Ores
- Food
- Manufacturing
- Electrical & electronics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cargo Shipping Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cargo shipping is the transportation of goods by sea. Cargo shipping can be divided into two main categories: bulk cargo and containerized cargo. Bulk cargo includes items that are not typically packaged in containers, such as iron ore or coal. Containerized cargo, on the other hand, is transported in boxes or crates that are easily moved around and stacked on ships.
Some of the major companies in the cargo shipping market are A.P. Moller-Maersk Group, CMA-CGM SA, Mediterranean Shipping Company SA, DHL Global Forwarding, China Cosco Holdings Company Limited, Nippon Express Co. Ltd, Hapag-Lloyd AG, Hyundai Merchant Marine, Ceva Logistics, EVERGREEN MARINE CORP.
The cargo shipping market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cargo Shipping Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cargo Shipping Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cargo Shipping Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cargo Shipping Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cargo Shipping Market Size & Forecast, 2020-2028
4.5.1 Cargo Shipping Market Size and Y-o-Y Growth
4.5.2 Cargo Shipping Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Container Cargo
5.2.2 General Cargo
5.2.3 Bulk Cargo
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Oil
6.2.2 Ores
6.2.3 Food
6.2.4 Manufacturing
6.2.5 Electrical & electronics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cargo Shipping Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cargo Shipping Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Container Cargo
9.6.2 General Cargo
9.6.3 Bulk Cargo
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Oil
9.10.2 Ores
9.10.3 Food
9.10.4 Manufacturing
9.10.5 Electrical & electronics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Container Cargo
10.6.2 General Cargo
10.6.3 Bulk Cargo
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Oil
10.10.2 Ores
10.10.3 Food
10.10.4 Manufacturing
10.10.5 Electrical & electronics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Container Cargo
11.6.2 General Cargo
11.6.3 Bulk Cargo
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Oil
11.10.2 Ores
11.10.3 Food
11.10.4 Manufacturing
11.10.5 Electrical & electronics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Container Cargo
12.6.2 General Cargo
12.6.3 Bulk Cargo
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Oil
12.10.2 Ores
12.10.3 Food
12.10.4 Manufacturing
12.10.5 Electrical & electronics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Container Cargo
13.6.2 General Cargo
13.6.3 Bulk Cargo
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Oil
13.10.2 Ores
13.10.3 Food
13.10.4 Manufacturing
13.10.5 Electrical & electronics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cargo Shipping Market: Competitive Dashboard
14.2 Global Cargo Shipping Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 A.P. Moller-Maersk Group
14.3.2 CMA-CGM SA
14.3.3 Mediterranean Shipping Company SA
14.3.4 DHL Global Forwarding
14.3.5 China Cosco Holdings Company Limited
14.3.6 Nippon Express Co. Ltd
14.3.7 Hapag-Lloyd AG
14.3.8 Hyundai Merchant Marine
14.3.9 Ceva Logistics
14.3.10 EVERGREEN MARINE CORP
