PUBLISHER: TechNavio | PRODUCT CODE: 1705209
PUBLISHER: TechNavio | PRODUCT CODE: 1705209
The cargo shipping market is forecasted to grow by USD 55.8 bn during 2024-2029, accelerating at a CAGR of 4.6% during the forecast period. The report on the cargo shipping market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing global trade volume, rise in number of mergers and acquisitions among companies, and rapid expansion of e-commerce surges cargo shipping demand.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 4.2% |
CAGR | 4.6% |
Incremental Value | $55.8 bn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's cargo shipping market is segmented as below:
By Type
By End-user
By Product Type
By Product
By Geographical Landscape
This study identifies the digitalization and automation in shipping industry as one of the prime reasons driving the cargo shipping market growth during the next few years. Also, robust import and export of commodities and natural resources and growing number of regional trade agreements will lead to sizable demand in the market.
The report on the cargo shipping market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cargo shipping market vendors that include AP Moller Maersk AS, C H Robinson Worldwide Inc., CMA CGM Group, COSCO Shipping Ports Ltd., DB Schenker, DHL International GmbH, Evergreen Group, Freight Forwarders Inc, Hapag Lloyd AG, K Line America Inc., MSC Mediterranean Shipping Co. SA, Ocean Network Express Pte. Ltd., Pacific International Lines Pte. Ltd., Panalpina Cargo, PSA International, Wallenius Wilhelmsen ASA, Yang Ming Marine Transport Corp., and ZIM Integrated Shipping Services Ltd.. Also, the cargo shipping market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: