Market Overview:
The global project cargo market is estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2030, at a CAGR of XX%, during the forecast period. The growth of the global project cargo market can be attributed to the increasing demand for transportation, warehousing, and other services from various end-use industries. In addition, the growth of oil & gas and construction industries is expected to fuel the demand for project cargo globally. The transportation segment accounted for a major share of the global project cargo market in 2017. This can be attributed to increased demand for transportation services from various end-use industries such as oil & gas, energy & power, construction, and manufacturing. The warehousing segment is projected to grow at a higher CAGR during the forecast period owing to rising demand from various end-use industries for storage and handling services. In terms of region, North America held a major share of the global project cargo market in 2017 followed by Europe and Asia Pacific respectively.
Product Definition:
Project cargo is a phrase used in the transportation industry to describe shipments that are not typically transported as part of routine operations. Project cargo can include oversized or heavy items, items that are time-sensitive, or items that require special handling. The term is often used to describe shipments for construction projects, but it can also be applied to other types of projects such as oil and gas exploration or mining operations.
Transportation:
Transportation is the process that moves people and goods from one place to another. The study of moving people and goods in any economy, including developing countries like India, China or Brazil is known as transportation economics. Factors such as GDP growth rate, population growth rate, industrial development are some macroeconomic indicators for evaluating the progress of a country’s transportation sector.
Warehousing:
Warehousing is a storage facility that offers safekeeping of goods and products manufactured or produced by a company. It is an organized system having the equipment and space to store various products during the time when they are not being used. Warehouses have different departments such as production, quality control, inventory management, packaging etc., which helps in smooth flow of operations.
Application Insights:
The manufacturing application segment led the global project cargo market and accounted for more than 30.0% share of the overall revenue in 2017. The growth can be attributed to an increase in industrialization and construction activities in emerging economies including China, India, Brazil, Mexico and South Africa. These countries are also expected to account for a major part of global manufacturing capacity over the forecast period which will further propel demand for project cargoes during construction projects across various regions globally.
The others application segment includes retail stores or big-box retailers such as Walmart Inc., Target Corporation., Costco Wholesale Corporation., Home Depot Inc., along with e-commerce companies like Amazon.com, Inc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments, rising disposable income, and expanding industrial sector. Moreover, rapid urbanization coupled with growing population in emerging countries such as China and India is expected to boost demand for transportation services over the forecast period.
The Asia Pacific regional market accounted for a revenue share of 37% in 2017 owing to high growth rates observed in various application industries across economies such as China, India, Singapore, Thailand among others. In addition industry players are making strategic initiatives such as partnerships or mergers & acquisitions that will help them cater to customer needs better thereby strengthening their position within the industry space. For instance; In January 2018; APL Corporation (Shanghai) Ltd., a subsidiary of Apeldoornsche Veerleman Stichting NV acquired Shanghai Zhenhua Heavy Industries Co., Ltd.
Growth Factors:
- Increasing globalization and trade: The global Project Cargo market is expected to grow at a CAGR of 5.5% from 2016 to 2021, owing to the increasing globalization and trade. This is mainly because of the rise in foreign investments, technological advancements, and the growing demand for goods and services across different geographies.
- Development of new infrastructure projects: The development of new infrastructure projects, such as airports, seaports, railways, hospitals etc., is expected to drive the growth of the Project Cargo market during the forecast period. This is because these projects require heavy equipment and machinery that need to be transported through air or sea freight carriers.
- Rise in e-commerce activities: The growth in e-commerce activities has led to an increase in demand for express delivery services for time-sensitive shipments such as project cargo consignments. As a result, this segment is projected to grow at a higher rate than other segments during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Project Cargo Market Research Report
By Type
Transportation, Warehousing, Others
By Application
Transportation, Oil and Gas, Energy and Power, Construction, Manufacturing
By Companies
Kuehne + Nagel, Deutsche Post DHL, DB Schenker, Nippon Express, DSV Panalpina, XPO Logistics, C.H. Robinson Worldwide, Agility Logistics, Cosco Shipping, Sinotrans, SNCF Logistics, Yusen Logistics, Bollore Logistics, Expeditors International, Rhenus Logistics, GEFCO
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Project Cargo Market Report Segments:
The global Project Cargo market is segmented on the basis of:
Types
Transportation, Warehousing, Others
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
Transportation, Oil and Gas, Energy and Power, Construction, Manufacturing
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:
- Kuehne + Nagel
- Deutsche Post DHL
- DB Schenker
- Nippon Express
- DSV Panalpina
- XPO Logistics
- C.H. Robinson Worldwide
- Agility Logistics
- Cosco Shipping
- Sinotrans
- SNCF Logistics
- Yusen Logistics
- Bollore Logistics
- Expeditors International
- Rhenus Logistics
- GEFCO
Highlights of The Project Cargo 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:
- Transportation
- Warehousing
- Others
- By Application:
- Transportation
- Oil and Gas
- Energy and Power
- Construction
- Manufacturing
- 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 Project Cargo 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.
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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?
Project Cargo is a cargo shipping company that specializes in transporting goods between Asia and the Americas.
Some of the major companies in the project cargo market are Kuehne + Nagel, Deutsche Post DHL, DB Schenker, Nippon Express, DSV Panalpina, XPO Logistics, C.H. Robinson Worldwide, Agility Logistics, Cosco Shipping, Sinotrans, SNCF Logistics, Yusen Logistics, Bollore Logistics, Expeditors International, Rhenus Logistics, GEFCO.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Project Cargo 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 Project Cargo Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Project Cargo 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 Project Cargo 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 Project Cargo Market Size & Forecast, 2020-2028 4.5.1 Project Cargo Market Size and Y-o-Y Growth 4.5.2 Project Cargo 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 Transportation
5.2.2 Warehousing
5.2.3 Others
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 Transportation
6.2.2 Oil and Gas
6.2.3 Energy and Power
6.2.4 Construction
6.2.5 Manufacturing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Project Cargo 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 Project Cargo 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 Transportation
9.6.2 Warehousing
9.6.3 Others
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 Transportation
9.10.2 Oil and Gas
9.10.3 Energy and Power
9.10.4 Construction
9.10.5 Manufacturing
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 Transportation
10.6.2 Warehousing
10.6.3 Others
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 Transportation
10.10.2 Oil and Gas
10.10.3 Energy and Power
10.10.4 Construction
10.10.5 Manufacturing
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 Transportation
11.6.2 Warehousing
11.6.3 Others
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 Transportation
11.10.2 Oil and Gas
11.10.3 Energy and Power
11.10.4 Construction
11.10.5 Manufacturing
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 Transportation
12.6.2 Warehousing
12.6.3 Others
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 Transportation
12.10.2 Oil and Gas
12.10.3 Energy and Power
12.10.4 Construction
12.10.5 Manufacturing
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 Transportation
13.6.2 Warehousing
13.6.3 Others
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 Transportation
13.10.2 Oil and Gas
13.10.3 Energy and Power
13.10.4 Construction
13.10.5 Manufacturing
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 Project Cargo Market: Competitive Dashboard
14.2 Global Project Cargo Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kuehne + Nagel
14.3.2 Deutsche Post DHL
14.3.3 DB Schenker
14.3.4 Nippon Express
14.3.5 DSV Panalpina
14.3.6 XPO Logistics
14.3.7 C.H. Robinson Worldwide
14.3.8 Agility Logistics
14.3.9 Cosco Shipping
14.3.10 Sinotrans
14.3.11 SNCF Logistics
14.3.12 Yusen Logistics
14.3.13 Bollore Logistics
14.3.14 Expeditors International
14.3.15 Rhenus Logistics
14.3.16 GEFCO