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Global Cargo Shipping Market Research Report: Information by Cargo Type (Container Cargo, Bulk Cargo, General Cargo and Liquid Cargo), End-Use Industry (Food, Manufacturing, Oil & Ores, and Electrical & Electronics) and Region [North America, Europe, Asia-Pacific (APAC) and Rest of the World] - Forecast till 2025
ID: MRFR/CO/2287-HCR | February 2021 | Region: Global | 100 pages
Market Synopsis: Global Cargo Shipping Market
The Global Cargo Shipping Market has been witnessing substantial growth in the past couple of years. Factors such as the growing imports and exports of liquid, dry, general, and container cargo trade in Asia Pacific & the Middle East countries and the rapid growth of the end-use industries are propelling the market growth.
The global cargo shipping market is expected to be driven by the establishment of new ports and extension of existing ports. Furthermore, agreements such as the free trade agreements that are passed by different countries such as ASEAN Free Trade Area (AFTA), North American Free Trade Agreement (NAFTA), and Trans-Pacific Strategic Economic Partnership (TPSEP) is another important factor that is boosting the cargo shipping market, globally.
The Global Cargo Shipping Market is expected to witness a 3.67% CAGR during the forecast period. The global cargo shipping market size is expected to be valued at ~USD 16.06 billion tons by the end of 2025.
Regional Analysis: Global Cargo Shipping Market
Based on region, the global cargo shipping market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
Asia-Pacific accounted for the largest market share in 2018 and is expected to register the highest growth rate during the forecast period. China is the major manufacturing hub in Asia-Pacific. Other factors that have contributed to the market growth in the region are the developments in the infrastructure of the port, the increased market demand, and the constant government support.
Additionally, Asia-Pacific is also the fastest-growing region during the forecast period and is expected to register the highest growth rate during the forecast period. Furthermore, rapid globalization and demographic changes are also few other key factors that are driving the market region. The Shanghai Port (China), Shenzhen Port (China), Hong Kong, S.A.R.(China), Ningbo-Zhoushan (China), and Singapore Port & Keihin Port (Japan) are a few port terminals that handle millions of TEU, annually, and will thereby drive the growth of in the market in Asia-Pacific.
Segmentation: Global Cargo Shipping Market
The global cargo shipping market has been segmented based on cargo type and industry. Based on cargo type, the global market has been classified as container cargo, bulk cargo, general cargo, and liquid cargo. The general cargo segment is anticipated to witness the highest CAGR due to its features like high flexibility for shipping containers.
Based on end-use industry, the global market has been segmented into food, manufacturing, oil & ores, and electrical & electronics. The manufacturing segment accounted for the highest share in 2018, owing to its growing economy as one of the important factors for market expansion.
The key players in the global cargo shipping market are A.P Moller – Maersk (Denmark), CMA CGM Group (France), and MSC Mediterranean Shipping Company S.A. (Switzerland), Panalpina World Transport (Holding) Ltd. (Switzerland), and DB Schenker (Germany).
The global cargo shipping market is fairly competitive, with a moderate number of players, across the globe. The players are expected to adopt various strategies to expand their global presence and increase their market shares. Some of the key strategies adopted by the players include a focus on a high-quality product, cost-effectiveness, expansions, strategic partnerships, and collaborations with manufacturing companies.
For instance, In June 2019, Maersk introduces Maersk Spot, a new fully online product that simplifies the buying process for customers. With the launch of Maersk Spot, Maersk aims to introduce a truly online product that can break the cycle of overbookings and offer a much simpler way to ship a container with load guarantee. With the launch of the new product, Maersk takes further steps towards simplifying the supply chains of its customers by addressing some of the fundamental inefficiencies that exist across the industry.
In May 2019, Panalpina acquired Newport Cargo. Newport Cargo handles approximately 24,000 tons of air freight exports each year. It has added tremendous value to Panalpina’s Perishables Network in expertise, customer base, and business development. It will strengthen business development in Chile and improved cross-selling for dry cargo throughout the network.
Intended Audience:
- Market manufacturers
- Raw material suppliers
- Research consultants
- Traders, distributors, and suppliers
- Government and regional agencies and research organizations
- Investment research firms
- Association and industry bodies
- Market research and consulting firms
- Potential Investors
- Key executive (CEO and COO) and strategy growth manager
Frequently Asked Questions (FAQ) :
Cargo shipping market is projected to grow at a 3.67% CAGR between 2019-2025.
Cargo shipping market is predicted to touch USD 16.06 billion tons by 2025.
The Asia Pacific is expected to lead the cargo shipping market.
Free trade agreements and establishment of new ports are boosting the cargo shipping market growth.
Different end use industries of the cargo shipping market include electrical and electronics, oil and ores, manufacturing, and food.
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objectives
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
5 Global Cargo Shipping Market, by Cargo Type
5.1 Introduction
5.2 Container Cargo
5.2.1 Market Estimates & Forecast, 2019–2025
5.2.2 Market Estimates & Forecast, by Region, 2019–2025
5.3 Bulk Cargo
5.3.1 Market Estimates & Forecast, 2019–2025
5.3.2 Market Estimates & Forecast, by Region, 2019–2025
5.4 General Cargo
5.4.1 Market Estimates & Forecast, 2019–2025
5.4.2 Market Estimates & Forecast, by Region, 2019–2025
5.5 Liquid Cargo
5.5.1 Market Estimates & Forecast, 2019–2025
5.5.2 Market Estimates & Forecast, by Region, 2019–2025
6 Global Cargo Shipping Market, by End-Use Industry
6.1 Introduction
6.2 Food
6.2.1 Market Estimates & Forecast, 2019–2025
6.2.2 Market Estimates & Forecast, by Region, 2019–2025
6.3 Manufacturing
6.3.1 Market Estimates & Forecast, 2019–2025
6.3.2 Market Estimates & Forecast, by Region, 2019–2025
6.4 Oil & Ores
6.4.1 Market Estimates & Forecast, 2019–2025
6.4.2 Market Estimates & Forecast, by Region, 2019–2025
6.5 Electrical & Electronics
6.5.1 Market Estimates & Forecast, 2019–2025
6.5.2 Market Estimates & Forecast, by Region, 2019–2025
7 Global Cargo Shipping Market, by Region
7.1 Introduction
7.2 North America
7.2.1 Market Estimates & Forecast, 2019–2025
7.2.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.2.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.2.4 US
7.2.4.1 Market Estimates & Forecast, 2019–2025
7.2.4.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.2.4.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.2.5 Canada
7.2.5.1 Market Estimates & Forecast, 2019–2025
7.2.5.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.2.5.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.2.6 Mexico
7.2.6.1 Market Estimates & Forecast, 2019–2025
7.2.6.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.2.6.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.3 Europe
7.3.1 Market Estimates & Forecast, 2019–2025
7.3.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.3.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.3.4 UK
7.3.4.1 Market Estimates & Forecast, 2019–2025
7.3.4.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.3.4.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.3.5 Germany
7.3.5.1 Market Estimates & Forecast, 2019–2025
7.3.5.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.3.5.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.3.6 France
7.3.6.1 Market Estimates & Forecast, 2019–2025
7.3.6.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.3.6.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.3.7 Italy
7.3.7.1 Market Estimates & Forecast, 2019–2025
7.3.7.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.3.7.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.3.8 Rest of Europe
7.3.8.1 Market Estimates & Forecast, 2019–2025
7.3.8.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.3.8.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.4 Asia-Pacific
7.4.1 Market Estimates & Forecast, 2019–2025
7.4.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.4.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.4.4 China
7.4.4.1 Market Estimates & Forecast, 2019–2025
7.4.4.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.4.4.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.4.5 Japan
7.4.5.1 Market Estimates & Forecast, 2019–2025
7.4.5.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.4.5.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.4.6 India
7.4.6.1 Market Estimates & Forecast, 2019–2025
7.4.6.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.4.6.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.4.7 Rest of Asia-Pacific
7.4.7.1 Market Estimates & Forecast, 2019–2025
7.4.7.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.4.7.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.5 Rest of the World
7.5.1 Market Estimates & Forecast, 2019–2025
7.5.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.5.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.5.4 South America
7.5.4.1 Market Estimates & Forecast, 2019–2025
7.5.4.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.5.4.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
7.5.5 Middle East & Africa
7.5.5.1 Market Estimates & Forecast, 2019–2025
7.5.5.2 Market Estimates & Forecast, by Cargo Type, 2019–2025
7.5.5.3 Market Estimates & Forecast, by End-Use Industry, 2019–2025
8 Competitive Landscape
9 Company Profile
9.1 A.P. Moller – Maersk
9.1.1 Company Overview
9.1.2 Products/Services Offered
9.1.3 Financial Overview
9.1.4 Key Developments
9.1.5 Key Strategies
9.1.6 SWOT Analysis
9.2 MSC Mediterranean Shipping Company S.A
9.2.1 Company Overview
9.2.2 Products/Services Offered
9.2.3 Financial Overview
9.2.4 Key Developments
9.2.5 Key Strategies
9.2.6 SWOT Analysis
9.3 COSCO SHIPPING (Hong Kong) Co., Limited
9.3.1 Company Overview
9.3.2 Products/Services Offered
9.3.3 Financial Overview
9.3.4 Key Developments
9.3.5 Key Strategies
9.3.6 SWOT Analysis
9.4 CMA CGM S.A
9.4.1 Company Overview
9.4.2 Products/Services Offered
9.4.3 Financial Overview
9.4.4 Key Developments
9.4.5 Key Strategies
9.4.6 SWOT Analysis
9.5 Hapag-Lloyd AG
9.5.1 Company Overview
9.5.2 Products/Services Offered
9.5.3 Financial Overview
9.5.4 Key Developments
9.5.5 Key Strategies
9.5.6 SWOT Analysis
9.6 Panalpina World Transport (Holding) Ltd.
9.6.1 Company Overview
9.6.2 Products/Services Offered
9.6.3 Financial Overview
9.6.4 Key Developments
9.6.5 Key Strategies
9.6.6 SWOT Analysis
9.7 Deutsche Bahn AG
9.7.1 Company Overview
9.7.2 Products/Services Offered
9.7.3 Financial Overview
9.7.4 Key Developments
9.7.5 Key Strategies
9.7.6 SWOT Analysis
9.8 Nippon Express Co., Ltd
9.8.1 Company Overview
9.8.2 Products/Services Offered
9.8.3 Financial Overview
9.8.4 Key Developments
9.8.5 Key Strategies
9.8.6 SWOT Analysis
9.9 DB Schenker
9.9.1 Company Overview
9.9.2 Products/Services Offered
9.9.3 Financial Overview
9.9.4 Key Developments
9.9.5 Key Strategies
9.9.6 SWOT Analysis
9.10 Ocean Network Express Pte. Ltd.
9.10.1 Company Overview
9.10.2 Products/Services Offered
9.10.3 Financial Overview
9.10.4 Key Developments
9.10.5 Key Strategies
9.10.6 SWOT Analysis
List of Manufacturing
Table 1 Global Cargo Shipping Market, by Region, 2019–2025
Table 2 North America: Global Cargo Shipping Market, by Country, 2019–2025
Table 3 Europe: Global Cargo Shipping Market, by Country, 2019–2025
Table 4 Asia-Pacific: Global Cargo Shipping Market, by Country, 2019–2025
Table 5 Rest of the World: Global Cargo Shipping Market, by Country, 2019–2025
Table 6 Global Cargo Shipping Market, by Cargo Type, by Region, 2019–2025
Table 7 North America: Global Cargo Shipping Market, by Cargo Type, by Country, 2019–2025
Table 8 Europe: Global Cargo Shipping Market, by Cargo Type, by Country, 2019–2025
Table 9 Asia-Pacific: Global Cargo Shipping Market by Cargo Type, by Country, 2019–2025
Table 10 Rest of the World: Global Cargo Shipping Market by Cargo Type, by Country, 2019–2025
Table 11 Global Cargo Shipping Market, by End-Use Industry, by Region, 2019–2025
Table 12 North America: Global Cargo Shipping Market, by End-Use Industry, by Country, 2019–2025
Table 13 Europe: Global Cargo Shipping Market, by End-Use Industry, by Country, 2019–2025
Table 14 Asia-Pacific: Global Cargo Shipping Market by End-Use Industry, by Country, 2019–2025
Table 15 Rest of the World: Global Cargo Shipping Market by End-Use Industry, by Country, 2019–2025
Table 21 Global Cargo Shipping Market, by Region, 2019–2025
Table 22 Global Cargo Shipping Market, by Cargo Type, 2019–2025
Table 23 Global Cargo Shipping Market, by End-Use Industry, 2019–2025
Table 25 North America: Global Cargo Shipping Market, by Country
Table 26 North America: Global Cargo Shipping Market, by Cargo Type
Table 27 North America: Global Cargo Shipping Market, by End-Use Industry
Table 29 Europe: Global Cargo Shipping Market, by Country
Table 30 Europe: Global Cargo Shipping Market, by Cargo Type
Table 31 Europe: Global Cargo Shipping Market, by End-Use Industry
Table 33 Asia-Pacific: Global Cargo Shipping Market, by Country
Table 34 Asia-Pacific: Global Cargo Shipping Market, by Cargo Type
Table 35 Asia-Pacific: Global Cargo Shipping Market, by End-Use Industry
Table 37 Rest of the World: Global Cargo Shipping Market, by Region
Table 38 Rest of the World: Global Cargo Shipping Market, by Cargo Type
Table 39 Rest of the World: Global Cargo Shipping Market, by End-Use Industry
List of Figures
FIGURE 1 Research Process of MRFR
FIGURE 2 Top-Down and Bottom-Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
FIGURE 8 Global Cargo Shipping Market Share, by Cargo Type, 2018 (%)
FIGURE 9 Global Cargo Shipping Market, by Cargo Type, 2019–2025 (USD MILLION)
FIGURE 10 Global Cargo Shipping Market Share, by End-Use Industry, 2018 (%)
FIGURE 11 Global Cargo Shipping Market, by End-Use Industry, 2019–2025 (USD MILLION)
FIGURE 14 Global Cargo Shipping Market Share (%), by Region, 2018
FIGURE 15 Global Cargo Shipping Market, by Region, 2019–2025 (USD MILLION)
FIGURE 16 North America: Global Cargo Shipping Market Share (%), 2018
FIGURE 17 North America: Global Cargo Shipping Market by Country, 2019–2025 (USD MILLION)
FIGURE 18 Europe: Global Cargo Shipping Market Share (%), 2018
FIGURE 19 Europe: Global Cargo Shipping Market, by Country, 2019–2025 (USD MILLION)
FIGURE 20 Asia-Pacific: Global Cargo Shipping Market Share (%), 2018
FIGURE 21 Asia-Pacific: Global Cargo Shipping Market, by Country, 2019–2025 (USD MILLION)
FIGURE 22 Rest of the World: Global Cargo Shipping Market Share (%), 2018
FIGURE 23 Rest of the World: Global Cargo Shipping Market, by Country, 2019–2025 (USD MILLION)
