Global Maritime Freight Transport Market Growth (Status and Outlook) 2024-2030

Global Maritime Freight Transport Market Growth (Status and Outlook) 2024-2030

Maritime Freight Transport is the transport of people or goods via waterways. Freight transport by sea has been widely used throughout recorded history. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air as well. “Logistics”, a term borrowed from the military environment, is also used in the same sense.

The global Maritime Freight Transport market size is projected to grow from US$ 71870 million in 2023 to US$ 96870 million in 2030; it is expected to grow at a CAGR of 4.4% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Maritime Freight Transport Industry Forecast” looks at past sales and reviews total world Maritime Freight Transport sales in 2023, providing a comprehensive analysis by region and market sector of projected Maritime Freight Transport sales for 2024 through 2030. With Maritime Freight Transport sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Maritime Freight Transport industry.

This Insight Report provides a comprehensive analysis of the global Maritime Freight Transport landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Maritime Freight Transport portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Maritime Freight Transport market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Maritime Freight Transport and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Maritime Freight Transport.

Some of the future market trends of Maritime Freight Transport are:

Containerization is evolving as a trend, as it offers efficiency, security, and convenience for the movement of goods. Containerized and dry bulk trades are expected to register a compound annual growth rate of 4.5% and 3.9%, respectively, over the forecast period.

The traditional port world is changing as the demographical, technological, and sustainability drivers are affecting the daily business and shaping several important trends. Some of these trends are digitalization, automation, port-city relations, environmental regulations, and port diversification.

The maritime freight transport industry is also facing challenges and uncertainties due to geopolitical tensions, trade disputes, and global pandemics like COVID-19. These factors may affect the demand and supply of goods, the port operations, the shipping routes, and the environmental performance of the sector.

This report presents a comprehensive overview, market shares, and growth opportunities of Maritime Freight Transport market by product type, application, key players and key regions and countries.

Segmentation by type
General
Reefer
Non-Containerized

Segmentation by application
Short-distance
Long-distance

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AP Moller (Maersk)
Mediterranean Shipping Company S.A. (MSC)
CMA-CGM
China Ocean Shipping (Group) Company (COSCO)
Hapag-Lloyd
ONE - Ocean Network Express
Evergreen Line
HMM Co. Ltd
Yang Ming Marine Transport
Zim
Wan Hai Lines
PIL Pacific International Line*

Please note: The report will take approximately 2 business days to prepare and deliver.