Press release
Water Transport Market to reach USD 809.19 Bn by 2029, emerging at a CAGR of 6 percent and forecast 2023-2029
Water Transport Market
The report's accuracy is guaranteed through a meticulous research approach, encompassing comprehensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with internal databases and statistical tools. The quantitative data is underpinned by both top-down and bottom-up evaluation methodologies, ensuring logical, scientific, and mathematical coherence.
Over 1,000 verified secondary sources, including corporate annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, were tapped to collate the data. Additionally, more than ten extensive primary interviews were conducted with key market players and industry experts, providing a blend of qualitative and quantitative insights.
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What are Water Transport Market Dynamics:
The demand for cargo transportation at reasonable prices has fuelled the water transport business. Due to the disparity in fare costs vs those of other modes of transportation, water freight is sometimes regarded as inexpensive and reasonable for large cargo. The standard unit of measurement for calculating the cost of water transportation is the cubic meter of the usual container. On the other hand, while using air transportation, the chargeable weight is calculated by taking into consideration both the size and weight of the cargo.
Water Transport Market Regional Insights:
Asia Pacific emerged as the frontrunner in the Water Transport Market in 2022, and this region is projected to experience substantial growth, contributing to the market's expansion during the forecast period. In India, water transport accounts for approximately 95% of trade volume and 70% of trade value, with major port expansion plans and favorable policies bolstering the sector's growth.
Moreover, Europe, with its robust inland waterway transport system, showcased significant market activity in 2022. Notably, technological advancements like information technology systems for vessel management are creating new opportunities for operational efficiency and enhanced cargo tracking.
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What is Water Transport Market Segmentation:
by Type
1. Deep sea
2. Coastal
3. Great lakes
4. Inland water transport
by Application
1. Onshore
2. Offshore
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Who are Water Transport Market Key Players:
1. A.P. Møller-Mærsk A/S
2. China Ocean Shipping Company Limited
3. Cargill Incorporated
4. CMA CGM S. A.
5. Hapag-Lloyd AG
6. Nippon Yusen
7. Evergreen Marine Corp
8. K-Line
9. Hyundai Merchant Marine Co.
10. Kuehne + Nagel International AG.
Table of content for the Water Transport Market includes:
1. Global Water Transport Market: Research Methodology
2. Global Water Transport Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Water Transport Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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