Ocean Freight Market Estimated to Flourish by 2027 - Top Competitors A.P. Moller Maersk, DB Schenker, Deutsche Post AG DHL Group, Global Shipping Services, KUEHNE NAGEL, Kvaver, Nippon Express and United Parcel Service of America
Ocean freight is the most common method of transportation used by exporters and importers to transport goods through seaways. In comparison to other freight services the ocean freight is cheaper, requires less maintenance, and is ideal for transporting bulky goods. The increasing focus towards reaching the global market is aiding the growth of ocean freight market. The ocean freight market is saturated and some of the major players holds the significant market share making it difficult for the smaller players to compete.
The increasing demand for reaching the global customer, cost optimization, and bulk transport of goods are expected to influence the ocean freight market positively. However, slow speed and risk related to the ocean freight are the significant factors that might hinder the growth of the ocean freight market. The growing popularity of cross border e-commerce sector is the factor that is creating opportunities for the companies operating in the ocean freight market to gain a strong customer base and generate more revenues.
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Some of The Major Players In Global Market:
1. A.P. Moller Maersk
2. DB Schenker
3. Deutsche Post AG DHL Group
4. Expeditors International of Washington Inc.
5. Global Shipping Services LLC
6. KUEHNE NAGEL
7. Kvaver LTD.
8. Nippon Express
9. Panalpina World Transport Holding Ltd.
10. United Parcel Service of America Inc.
Market Segmentation :
The global ocean freight market is segmented on the basis of offering, carrier type, freight type, and industry vertical. Based offering, the market is segmented as solution and service. On the basis of the carrier type the market is segmented as containers, bulk carriers, tankers, and others. On the basis of freight type the market is divided into less than container load LCL, full container load FCL, and others. On the basis of industry vertical the market is segmented as automotive, manufacturing, electrical and electronics, government, and others.
• Global Ocean Freight Market Overview
• Economic Impact on Market
• Market Competition
• Global Ocean Freight Market Analysis by Application
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Global Ocean Freight Market Effect, Factors, Analysis
• Global Ocean Freight Market Forecast
Ocean Freight Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
The Ocean Freight Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 18 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
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