Market for maritime transport of goods worth 22.15 billion USD by 2030,

New York, December 6, 2021 (GLOBE NEWSWIRE) – Maritime freight transport market Overview: According to a comprehensive research report from Market Research Future (MRFR), Maritime freight transport market Research Report: Information by Cargo Type (Container Cargo, Bulk Cargo, General Cargo, and Liquid Cargo), End-Use Industry (Food, Manufacturing, Petroleum and Minerals, and Electricity and Electronics) and Region [North America, Europe, Asia-Pacific (APAC) and Rest of the World] – Forecast until 2030 ”, The market is expected to be worth USD 22.15 billion by 2030, registering a CAGR of 5.17% during the forecast period (2022 – 2030). The market was valued at USD 13 billion in 2021.

Major players:

List of Companies Presented in the Global Maritime Freight Market Research Report are:

  • Ocean Network Express Pte. Ltd.
  • DB Schenker
  • Nippon Express Co., Ltd
  • Deutsche Bahn AG
  • Panalpina World Transport (Holding) Ltd.
  • Hapag-Lloyd AG
  • COSCO SHIPPING (Hong Kong) Co., Limited
  • MSC Mediterranean Shipping Company SA
  • AP Moller – Maersk
  • Among others.

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Future’s Review Market Research on the Maritime Freight Market

The global maritime freight transport market is growing steadily. The rapid digitization and automation of logistics and the growth of freight forwarding services across all industries is driving the growth of the market.

With the growing number of import-export shops and shipping and courier companies around the world, the market is likely to perceive substantial traction over the next few years. In addition, advancements in production and manufacturing technologies and processes are increasing the size of the market. The growing need to improve the productivity, performance and safety of logistics-intensive companies is increasing market share.

In addition, the growing demand for software as a service solutions to route, plan, track and measure delivery resources is influencing the growth of the market. Forward-looking logistics service providers (LSPs) are constantly working to create value with innovations that can take the customer experience to the next level. Freight transport has become relatively affordable than before, making it almost indispensable to the global economy.

Browse the in-depth market research report (188 pages) on Freight Shipping

Industry / Innovation / Related news

November 11, 2021 — Freightwalla (India), one of the leading digital freight forwarders, has launched an AI-powered freight tracker to assist exporting and importing MSMEs. This supply chain automation platform offers intelligent shipment tracking service for MSME companies. The advanced predictive analytics system uses ML’s latest algorithm to help exporters / importers tackle the risks associated with shipping delays and improve supply chain efficiency at no cost.

Maritime Freight Transport Market – Segments

The market is divided into cargo type, end-use industry, and regions. The cargo types segment is divided into containerized cargo, general cargo, liquid cargo, and bulk cargo. The end-use industry segment is divided into food, petroleum and minerals, manufacturing, electrical and electronics, and others. The regional segment is divided between the Americas, Asia-Pacific, MEA, Europe and the rest of the world.

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Maritime Freight Transport Market – Geographic Analysis

The Asia-Pacific region is the largest market for the transportation of goods. Factors such as rapid industrialization and increase in commercial and military activities are the main drivers for the growth of the market. In addition, the increase in investment and demand for freight transportation is stimulating the growth of the regional market.

The increase in imports and exports and the huge demand for logistics services are accelerating the region’s shares in freight transport. In addition, the growing e-commerce industry and the huge demand for online shopping are increasing the size of the market in the region. India’s maritime freight market is witnessing the implementation of overhauled incentive programs by various state governments to boost coastal and air freight activities.

Maritime Freight Market – Competitive Landscape

With the presence of several well-established players, the global maritime freight transport market appears to be highly competitive. Well-established players are integrating the acquisition, collaboration, partnership, expansion and launch of technologies to gain a greater competitive advantage in this market. Heavy investments are made to drive R&D activities and expansion plans.

Market segmentation covered by research:

Maritime Freight Transportation Market Research Report: Information by Cargo Type (Container Cargo, Bulk Cargo, General Cargo, and Liquid Cargo), End Use Industry (Food, Manufacturing, Petroleum & Minerals, & Electricity & electronics) and region [North America, Europe, Asia-Pacific (APAC) and Rest of the World] – Forecast until 2030

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