Cargo shipping means transportation of goods of various types through ships from one location to another. The cargo transported by ships can be of various types. Dry cargoes are common traded goods such as scrap metals, white-goods, paper, etc. that are transported by ships. Shipping cargoes are transported through large cuboidal shaped containers. Reefer cargo or refrigerated cargo means food and perishable items. They are transported through special dehumidified containers providing a temperature range from ~ -35 degrees to up to ~ +30 degrees when the ambient temperature is up to 50 degrees. Food items, rare and precious items, hazardous items such as chemicals and coffee can also be transported by ships. The Baltic Dry Index (BDI) is an index with provides information on prices of moving raw materials or cargo by sea. The indictor is issued by London-based Baltic Exchange. The cargos that are generally shipped are electrical and electronics equipment, iron ore, diesel, petrol, fruits, drinks, solids, manufacturing raw materials, bulk cargo consisting of commodity, materials and oil.     

By cargo type the market is segmented into dry cargo, hazardous cargo, reefer cargo and over-sized cargo. By vessel type the market is segmented into less than 2,300 Twenty-foot Equivalent Unit (TEU), 2,300 – 4,000 TEU, 4,000 – 6,000 TEU, 6,000 – 8,000 TEU, 8,000 – 10,000 TEU, 10,000 – 13,000 TEU, 13,000 – 15,000 TEU, 15,000 – 18,000 TEU and more than 18,000 TEU. By industry the market is segmented into food & beverages, chemical, manufacturing, oil & gas, white-goods, etc.   

By geography the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. North America is a prominent cargo shipping market in the world. The U.S. is the largest market in the region. Canada and Mexico are other major market in North America. Europe is one of the largest cargo shipping market in the world. Germany, Italy, France, Spain, the U.K, Belgium, Sweden and Netherlands are major markets in Europe. Asia Pacific is one of the largest cargo shipping market in the world. China which is one of the largest exporter in the world is the largest market for cargo shipping in the Asia Pacific region. Japan, India, South Korea and Australia are other major markets in Asia Pacific. Middle East and Africa is a significant cargo shipping market led by Iran, Saudi Arabia, Turkey and South Africa. Latin America is another major cargo shipping market led by Brazil and Argentina. Brazil is the largest market in the region.

Rising imports of soybeans, coal and iron ore to China from Australia, Brazil, etc have not increased the shipping rates and increased the demand for cargo shipping. Due to increase in new shipping vessels, shipping prices of commodities have not increased. Growth in foreign trade agreements such as NAFTA (North Atlantic Free Trade Agreement), TPSEP (Trans-Pacific Strategic Economic Partnership) and AFTA (ASEAN Free Trade Area), etc. is increasing the demand of cargo shipping market. A restraint for cargo shipping is goods and materials transported through air. As air transport is faster than transportation by ships, the former is the preferred mode of transport for quick transportation.       

The report mentions the diverse competitive strategies implemented by key players operating in the market to gain market share. Company profiles mention company details, market presence by geography and segments, strategic overview, SWOT analysis and historical revenue. The report also contains details of market share analysis of key players in the market. The major firms operating in the market are A.P. Moller – Mærsk A/S (Denmark), Mediterranean Shipping Company SA (Switzerland), China Cosco Holdings Company Limited (China), CMA CGM S.A (France), Hapag-Lloyd AG (Germany), CEVA Logistics (the Netherlands), Panalpina Welttransport (Holding) AG (Switzerland) and Nippon Express Co. Ltd. (Japan).

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market    

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Cargo Shipping Market

Pre Book