PUBLISHER: Allied Market Research | PRODUCT CODE: 1225143
PUBLISHER: Allied Market Research | PRODUCT CODE: 1225143
The transportation of heavy goods and materials by sea from one port to another is called cargo shipping. It is considered the best mode of movement and transportation of goods and all business items. This is because it is very safe when working with delicate materials and is relatively inexpensive. Cargo transport is the cheapest and the oldest mode of transport. Caro ships have the largest carrying capacity and are most suitable for carrying bulky goods over long distances. There are three different types of goods shipped, and they are classified based on the cargo such as dry cargo, liquid cargo, and general cargo.
In addition, factor such as the introduction of containerization has brought about a dramatic shift in the waterway logistics industry. The increasing popularity of containerization and the rise in the number of new ports have influenced the growth of the market. Moreover, the demand for economical transportation facilities for the movement of bulk goods is expected to boost the growth of the cargo shipping market. Furthermore, growth in the oil & gas industry is also expected to fuel the growth of the logistics market in the waterways segment. For instance, in January 2020, Blue Water Shipping, a provider of transportation services, expanded its business in Latin America and opened an office in Guyana to offer support to the country's oil industry.
The report on the global cargo shipping market focuses on current market trends and future growth opportunities for various cargo types such as liquid cargo, dry cargo, and general cargo.
It categorizes the market, in terms of ship types such as bulk carriers, general cargo ships, container ships, tankers, reefer ships, and others). By industry type, it is classified into food & beverages, manufacturing, retail, oil & gas, automotive, pharmaceutical, electrical & electronics, and others. Furthermore, it analyzes current trends of cargo shipping across different regions such as North America, Europe, Asia-Pacific, and LAMEA.
The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights key areas of investment. In addition, it includes Porter's five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder.
The report features strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of key players to increase their market share and sustain the intense competition in the industry.
Prominent players profiled in the cargo shipping market report include A.P. Moller-Maersk Group, CMA CGM S.A, COSCO Shipping Co., Limited, DB Schenker, DHL Global Forwarding, Evergreen International Corp., Hapag-Lloyd AG, MSC Mediterranean Shipping Company S.A, Ocean Network Express Pte. Ltd., and Yang Ming Group.
Key Benefits For Stakeholders
By Industry Type
By Cargo Type
By Ship Type
By Region