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Global Cargo Shipping Market Reaches 12.81 Billion Tons in 2023, Projected to Grow at a 4.6% CAGR Over the Forecast Period

08-22-2024 11:46 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: STELLAR MARKET RESEARCH

Global Cargo Shipping Market

Global Cargo Shipping Market

Anticipated Growth in Revenue:

Cargo Shipping Market was valued at USD 12.81 Billion tons in 2023. Global Cargo Shipping Market size is estimated to grow at a CAGR of 4.6 % over the forecast period.

Cargo Shipping Market Overview:

Cargo shipping is a way of transporting cargo and supplies from ships, boats, and other types of vessels. The product's acceptance is expected to be boosted by increased demand for import and export activities. The decreased cost of shipping, as well as its efficient and cost-effective transportation, is expected to increase its popularity.



Further, the Cargo Shipping market is segmented by Cargo Type, End-user Industry, and geography. On the basis of Cargo Type, the Cargo Shipping market is segmented under Liquid Bulk, Dry Bulk, General Cargo and Container Cargo. Based on the End-user Industry, the Cargo Shipping market is segmented under Food and Beverages, Manufacturing, Oil, gas and ores and Electrical and electronics. By geography, the market covers the following Regions: North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD Billion tons).

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/Cargo-Shipping-Market/1146

What are Cargo Shipping Market Dynamics?

Optimizing Capacity Through Digital Transformation: Several carriers are increasingly collaborating with shipping companies that specialise in data gathering of cargo movements and vessels, which may lead to improved cargo routing and vessel employment, among other benefits.



Start-ups like Transmetrics, for example, use cargo placement data to precisely anticipate cargo quantities, allowing carriers to avoid empty back-haul journeys. As a result, cargo shipping industry income is expected to increase as deployed vessel capacity is optimised. This is driving the growth of the Cargo Shipping Market.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.stellarmr.com/report/req_sample/Cargo-Shipping-Market/1146

What is Cargo Shipping Market Regional Insight?

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the Global Cargo Shipping market. The report also analyses if the Global Cargo Shipping market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.

What is Cargo Shipping Market Segmentation?

By Cargo Type

Liquid Bulk
Dry Bulk
General Cargo
Container Cargo
By End-user Industry

Food and Beverages
Manufacturing
Oil, gas and ores
Electrical and electronics

๐…๐‘๐„๐„ ๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ!https://www.stellarmr.com/report/req_sample/Cargo-Shipping-Market/1146

Some of the current players in the Cargo Shipping Market are:
A.P. Moller-Maersk (Copenhagen, Denmark)
Mediterranean Shipping Company S.A. (MSC) (Geneva, Switzerland)
CMA CGM Group (Marseille, France)
Orient Overseas Container Line Limited (OOCL) (Wan Chai, Hong Kong)
China COSCO Shipping (Shanghai, China)
Evergreen International Corp. (Taipei, Taiwan)
Hapag-Lloyd AG (Hamburg, Germany)
Ocean Network Express Pte. Ltd. (ONE) (Tokyo, Japan)
Yang Ming Group (Keelung City, Taiwan)
HMM Co., Ltd. (Seoul, South Korea)
Panalpina World Transport (Holding) Ltd. (Basel, Switzerland)
Key Offerings:

Past Market Size and Competitive Landscape
Cargo Shipping Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Cargo Shipping Market Segmentation - A detailed analysis by Product
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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Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656

About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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