Freight Rail Transport in China - Industry Market Research Report

Freight Rail Transport in China - Industry Market Research Report

Freight Rail Transport in China

The Freight Rail Transport industry is expected to generate $62.3 billion in 2022, up by 3.9% from 2021. Over the five years to 2022, industry revenue is expected to grow at an annualized 4.1%. In 2022, approximately 118 establishments operate in the industry, employing about 593,881 workers and paying total wages of $6.3 billion. In the first nine months of 2022, the total railway freight volume turnover increased by 9.6%, and is forecast to increase to 3.5 trillion ton-kilometers for the whole year.

The Freight Rail Transport industry in China operates railways for the transportation of freight across China. The industry comprises state-owned railways as well as local railways (invested and operated by local governments) for transferring freight or cargo. The management and operation of railway terminals and station facilities is not included in this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.