The global cargo shipping market is projected to grow at a CAGR of over 3%, in value terms, during 2023-2027. Global trade of manufactured goods, increasing demand & supply for sea transportation, and growing infrastructure development in various countries are the factors for growth in the global cargo shippings market. Challenges related to global environmental changes and geopolitics can hamper the growth of the cargo shippings market.
The global cargo shipping market is segmented based on product, industry, and geography. Based on product type, general cargo dominated the market in 2021 as it includes advantages such as individual transport of commodities that help in reduced ship time at port terminals and enhanced utilization of ship space. Regionally, Asia-Pacific dominated the market share in 2021 which can be attributed to the rising trend of globalization and demographic changes.
Some of the major players operating in the global cargos shipping market
- CMA-CGM SA
- A.P. Moller-Maersk Group
- Mediterranean Shipping Company S.A.
- Panalpina World Transport Ltd.
- DHL Global Forwarding
- China COSCO Holdings Company Limited
- Nippon Express Co., Ltd
- Hapag-Lloyd AG
- Ceva Logistics, and Deutsche Bahn AG.
The objective of the Study:
- To analyze and forecast the market size of the Global Cargo Shipping market, in terms of value & volume.
- To define, classify and forecast the global cargo shipping market on the basis of cargo type, industry, and regional distribution.
- To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of the region by segmenting the global Cargo Shipping market into five regions, namely, North America, South America, Europe, Asia Pacific, and MEA.
- To identify tailwinds and headwinds for the global cargo shipping market.
- To examine competitive developments such as expansions, new product launches, supply contracts, and mergers & acquisitions in the global Cargo Shipping market.
- To evaluate competitors and trends in the global Cargo Shippings market.
- To strategically profile the leading players, which are involved in Cargo Shipping globally.
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TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of cargo shipping providers and suppliers globally. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include providers that could not be identified due to the limitations of secondary research. TechSci Research regional presence of all major Cargo Shipping suppliers across the globe.
TechSci Research calculated the market size for the global cargos shipping market using a bottom-up approach, where providers’ value data for different cargo types (Container Cargo, Bulk Cargo & General Cargo) Cargo Shipping was recorded as well as a forecast for future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated by analyzing the historical sales data of respective providers to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations, and financial reports were also used by the TechSci Research
Key Target Audience:
- Global cargo shipping providers
- Global cargo shipping suppliers
- Research organizations and consulting companies
- Organizations, associations, and alliances related to cargo shipping providers
- Government bodies such as regulating authorities and policymakers.
- Industry associations
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as cargo shipping providers and policymakers, and which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on the growth of the market.
| Attribute | Details |
| Base Year | 2021 |
| Historical Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022E-2027F |
| Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Product Type· Industry |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain, Italy; South Africa, UAE, Saudi Arabia; Iraq; Brazil, Argentina, Colombia; |
| Key companies profiled | CMA-CGM SA, A.P. Moller-Maersk Group, Mediterranean Shipping Company S.A., Panalpina World Transport Ltd., DHL Global Forwarding, China COSCO Holdings Company Limited, Nippon Express Co., Ltd, Hapag-Lloyd AG, Ceva Logistics and Deutsche Bahn AG. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, global cargos shipping market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Cargo Shipping Market, by Product Type:
- Global Cargo Shipping Market
- Container Cargo
- Bulk Cargo
- General Cargo
- Global Cargo Shipping Market
- Global Cargo Shippings Market, by Industry:
- Food
- Manufacturing
- Oils & Ores
- Electrical & Electronics
- Global Cargo Shippings Market, by Geography:
- North America
- United States
- Canada
- Mexico
- Rest of North America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Australia
- India
- Rest of APAC
- South America
- Brazil
- Argentina
- Colombia
- Rest of South America
- MEA
- Saudi Arabia
- UAE
- Iraq
- South Africa
- Rest of MEA
Competitive Landscape
Competition Benchmarking: Benchmarking of leading 20 players on the basis of product portfolio, market pricing, average selling price sales footprint, etc.
Company Profiles: Detailed analysis of the major companies present in the global Cargos Shipping market.
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Table of Content
1. Product Overview
- Research Methodology
- Impact of COVID-19 on Global Cargo Shipping Market
- Analyst View
- Global Cargo Shipping Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
5.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
5.2.3. By Region (North America, South America, Asia-Pacific, Europe and Middle East & Africa)
5.2.4. By Company
5.3. Market Attractiveness Index (By Cargo Type, By Industry & By Region)
- Asia-Pacific Cargo Shippings Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
6.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
6.2.3. By Country (China, Japan, India, South Korea, Australia & Rest of Asia Pacific)
6.2.3.1. China Cargo Shipping Market Outlook
6.2.3.1.1. Market Size & Forecast
6.2.3.1.1.1. By Value & Volume
6.2.3.1.2. Market Share & Forecast
6.2.3.1.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
6.2.3.1.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
6.2.3.2. India Cargo Shipping Market Outlook
6.2.3.2.1. Market Size & Forecast
6.2.3.2.1.1. By Value & Volume
6.2.3.2.2. Market Share & Forecast
6.2.3.2.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
6.2.3.2.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
6.2.3.3. Japan Cargo Shipping Market Outlook
6.2.3.3.1. Market Size & Forecast
6.2.3.3.1.1. By Value & Volume
6.2.3.3.2. Market Share & Forecast
6.2.3.3.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
6.2.3.3.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
6.2.3.4. Australia Cargo Shippings Market Outlook
6.2.3.4.1. Market Size & Forecast
6.2.3.4.1.1. By Value & Volume
6.2.3.4.2. Market Share & Forecast
6.2.3.4.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
6.2.3.4.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
6.2.3.5. South Korea Cargo Shipping Market Outlook
6.2.3.5.1. Market Size & Forecast
6.2.3.5.1.1. By Value & Volume
6.2.3.5.2. Market Share & Forecast
6.2.3.5.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
6.2.3.5.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
- North America Cargo Shipping Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
7.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
7.2.3. By Country (United States, Canada, Mexico & Rest of North America)
7.2.3.1. United States Cargos Shipping Market Outlook
7.2.3.1.1. Market Size & Forecast
7.2.3.1.1.1. By Value & Volume
7.2.3.1.2. Market Share & Forecast
7.2.3.1.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
7.2.3.1.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
7.2.3.2. Canada Cargo Shipping Market Outlook
7.2.3.2.1. Market Size & Forecast
7.2.3.2.1.1. By Value & Volume
7.2.3.2.2. Market Share & Forecast
7.2.3.2.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
7.2.3.2.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
7.2.3.3. Mexico Cargo Shipping Market Outlook
7.2.3.3.1. Market Size & Forecast
7.2.3.3.1.1. By Value & Volume
7.2.3.3.2. Market Share & Forecast
7.2.3.3.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
7.2.3.3.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
- South America Cargo Shipping Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
8.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
8.2.3. By Country (Brazil, Argentina, Colombia & Rest of South America)
8.2.3.1. Brazil Cargo Shipping Market Outlook
8.2.3.1.1. Market Size & Forecast
8.2.3.1.1.1. By Value & Volume
8.2.3.1.2. Market Share & Forecast
8.2.3.1.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
8.2.3.1.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
8.2.3.2. Argentina Cargo Shipping Market Outlook
8.2.3.2.1. Market Size & Forecast
8.2.3.2.1.1. By Value & Volume
8.2.3.2.2. Market Share & Forecast
8.2.3.2.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
8.2.3.2.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
8.2.3.3. Colombia Cargo Shipping Market Outlook
8.2.3.3.1. Market Size & Forecast
8.2.3.3.1.1. By Value & Volume
8.2.3.3.2. Market Share & Forecast
8.2.3.3.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
8.2.3.3.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
- Europe Cargo Shipping Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
9.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
9.2.3. By Country (UK, Germany, France, Italy, Spain & Rest of Europe)
9.2.3.1. Germany Cargo Shipping Market Outlook
9.2.3.1.1. Market Size & Forecast
9.2.3.1.1.1. By Value & Volume
9.2.3.1.2. Market Share & Forecast
9.2.3.1.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
9.2.3.1.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
9.2.3.2. France Cargo Shipping Market Outlook
9.2.3.2.1. Market Size & Forecast
9.2.3.2.1.1. By Value & Volume
9.2.3.2.2. Market Share & Forecast
9.2.3.2.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
9.2.3.2.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
9.2.3.3. United Kingdom Cargo Shipping Market Outlook
9.2.3.3.1. Market Size & Forecast
9.2.3.3.1.1. By Value & Volume
9.2.3.3.2. Market Share & Forecast
9.2.3.3.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
9.2.3.3.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
9.2.3.4. Italy Cargo Shipping Market Outlook
9.2.3.4.1. Market Size & Forecast
9.2.3.4.1.1. By Value & Volume
9.2.3.4.2. Market Share & Forecast
9.2.3.4.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
9.2.3.4.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)
9.2.3.5. Spain Cargo Shipping Market Outlook
9.2.3.5.1. Market Size & Forecast
9.2.3.5.1.1. By Value & Volume
9.2.3.5.2. Market Share & Forecast
9.2.3.5.2.1. By Cargo Type (Container Cargo, Bulk Cargo & General Cargo)
9.2.3.5.2.2. By Industry (Food, Manufacturing, Oils & Ores & Electrical & Electronics)