Press release
Cargo Shipping Global Market 2023 | Global Key Player; A.P. Moller-Maersk Group, Mediterranean Shipping Company S.A, Panalpina World Transport (Holding) Ltd.
A cargo ship is any kind of ship that carries cargo, goods and materials from one port to another. Cargo ships are specially designed for the task, often being equipped with cranes and other mechanisms to load and unload, and are available in all sizes.
The growth of global cargo shipping market can be attributed to the global economic growth and progress in trading. Also, growing trend of globalization and demographic changes are driving the growth of cargo shipping industry. However, environmental changes globally and geopolitics is the major restraint that could hinder the market growth.
The Global Cargo Shipping Market is expected to grow over the CAGR of around 3.45% during the period 2017 to 2023.
Study Objectives of Global Cargo Shipping Market:
• To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the global cargo shipping market.
• To provide insights about factors affecting the market growth
• To analyze global cargo shipping market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- Asia-Pacific, North America, Europe, Rest of World.
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by cargo type, by industry and by region.
• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global cargo shipping market.
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Regional Analysis of Global Cargo Shipping Market:
Asia-Pacific is expected to dominate the global cargo shipping market during the forecast period. Developing economies are driving growth in the region. China is major exporter in Asia-Pacific, owing to its well-developed manufacturing hub. It is followed by Europe, which is estimated to account for the second-largest share in the global cargo shipping market due to the presence of developed nations such as Germany, France and U.K.
Table of Content.
4 Global Cargo Shipping Market, By Cargo Type
4.1 Introduction
4.2 Container Cargo
4.3 Bulk Cargo
4.4 General Cargo
5 Global Cargo Shipping Market, By Industry
5.1 Introduction
5.2 Food
5.3 Manufacturing
5.4 Oil & Ores
5.5 Electrical & Electronics
Industry/ Innovation/ Related News:
The key strategies followed by most companies within the global Cargo Shipping market are that of new product development.
On May 2017, The merger between the two liner shipping companies, Hapag-Lloyd and United Arab Shipping Company (UASC), completed in Hamburg. With 230 vessels and a shared fleet capacity of approximately 1.6 million TEU, Hapag-Lloyd is the fifth-largest liner shipping company in the world.
On March 2017, Maersk Container Industry launched enhanced reefer container system for high-value fruits.
On June 2017, Maersk Container Industry launched energy meter to power cold chain transparency in Star Cool containers.
On March 2016, Maersk Container Industry developed reefer solution to save container operators millions.
Cargo Shipping Market – Segmentation
The global cargo shipping market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Cargo Type: Comprises container cargo, bulk cargo, and general cargo
Segmentation by Industry: Comprises food, manufacturing, oil & ores, electrical & electronics
Segmentation by Region: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
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A.P. Moller-Maersk Group (Denmark)
Mediterranean Shipping Company S.A. (Switzerland)
Panalpina World Transport (Holding) Ltd. (Switzerland)
CMA-CGM SA (France)
DHL Global Forwarding (Germany)
China COSCO Holdings Company Limited (China)
Nippon Express Co., Ltd. (Japan)
Deutsche Bahn AG (Germany)
Hapag-Lloyd AG (Germany)
Panalpina Welttransport Holding AG (Switzerland)
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global cargo shipping market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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