Global Barge Transportation Market 2024-2028
The barge transportation market is forecasted to grow by USD 38.3 bn during 2023-2028, accelerating at a CAGR of 5.39% during the forecast period. The report on the barge transportation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising crude oil movement by barges, rising demand for barges from grain transportation, and growing e-commerce industry.
Technavio's barge transportation market is segmented as below:
By Type
- Dry cargo barge
- Liquid cargo barge
By Application
- Agricultural products
- Coal and crude petroleum
- Food and beverage
- Others
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the growth opportunities in petrochemical industries as one of the prime reasons driving the barge transportation market growth during the next few years. Also, inland waterway transportation development and strategic moves by vendors for profit-making will lead to sizable demand in the market.
The report on the barge transportation market covers the following areas:
- Barge transportation market sizing
- Barge transportation market forecast
- Barge transportation market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading barge transportation market vendors that include Alter Logistics Co., American Commercial Barge Line LLC, Argosy International Inc., Blessey Marine Services Inc., Danser Group, Dubbelman Container Transporten BV, Ergon Inc., Haeger and Schmidt Logistics GmbH, Heartland Barge Management LLC, Ingram Marine Group, Kirby Corp., Livingston International Inc., Marquette Transportation Co. LLC, McAllister Towing and Transportation Co. Inc., neska Container Line BV, Poh Tiong Choon Logistics Ltd., SEACOR Holdings Inc., Singa KBH Industry Sdn Bhd, The Greenbrier Companies Inc., and Waalhaven Holding BV. Also, the barge transportation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.