Global Marine Freight

Global Marine Freight

Summary

Global Marine Freight industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The marine freight sector includes revenues generated from the transportation of containers (only LoLo) and dry bulk cargo by sea and ocean-going vessels. The sector encompasses domestic and international freight, which, for the purposes of this report, is counted in the country of origin.
• The global marine freight industry recorded revenues of $1,368.7 billion in 2023, representing a compound annual growth rate (CAGR) of 1.3% between 2018 and 2023.
• The containerized segment accounted for the industry’s largest proportion in 2023, with total revenues of $1,118.1 billion, equivalent to 81.7% of the industry’s overall value.
• In the global marine freight industry, the Asia-Pacific region is the largest industry, accounting for 49.2% of the global industry in 2023. Europe is the second-largest industry, followed by North America, South America, and the Middle East.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the marine freight market in the global
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global marine freight market
• Leading company profiles reveal details of key marine freight market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Global marine freight market with five year forecasts

Reasons to Buy

• What was the size of the Global marine freight market by value in 2023?
• What will be the size of the Global marine freight market in 2028?
• What factors are affecting the strength of competition in the Global marine freight market?
• How has the market performed over the last five years?
• What are the main segments that make up the global's marine freight market?