United States (US) Marine Freight Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Marine Freight in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). 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 is defined as consisting of revenues generated from freight transportation by ship of container (only LoLo) and dry bulk cargo, by sea- and ocean-going vessels. The sector includes both domestic and international freight, which for the purposes of this report is counted in the country of origin. The values are calculated by multiplying the average price of the goods per ton of volume of cargo transported. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The US marine freight industry had total revenues of $116.8 billion in 2021, representing a compound annual growth rate (CAGR) of 6.3% between 2016 and 2021.
- The containerized segment was the industry's most lucrative in 2021, with total revenues of $112.6 billion, equivalent to 96.4% of the industry's overall value.
- The US President was found signing the Ocean Reform Act of 2022, that is aiming to support to address the shipping challenges.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the marine freight market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the marine freight market in the United States
- 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 United States marine freight market with five year forecasts
- What was the size of the United States marine freight market by value in 2021?
- What will be the size of the United States marine freight market in 2026?
- What factors are affecting the strength of competition in the United States marine freight market?
- How has the market performed over the last five years?
- What are the main segments that make up the United State's marine freight market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive Landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What has been the recent M&A activity?
- 8 Company Profiles
- 8.1. A.P. Moller-Maersk A/S
- 8.2. Landstar System, Inc.
- 8.3. MSC Mediterranean Shipping Co SA
- 8.4. COSCO Shipping Holdings Co Ltd
- 8.5. CMA CGM SA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United States marine freight industry value: $ billion, 2016–21
- Table 2: United States marine freight industry category segmentation: % share, by value, 2016–2021
- Table 3: United States marine freight industry category segmentation: $ billion, 2016-2021
- Table 4: United States marine freight industry geography segmentation: $ billion, 2021
- Table 5: United States marine freight industry value forecast: $ billion, 2021–26
- Table 6: A.P. Moller-Maersk A/S: key facts
- Table 7: A.P. Moller-Maersk A/S: Annual Financial Ratios
- Table 8: A.P. Moller-Maersk A/S: Key Employees
- Table 9: A.P. Moller-Maersk A/S: Key Employees Continued
- Table 10: Landstar System, Inc.: key facts
- Table 11: Landstar System, Inc.: Annual Financial Ratios
- Table 12: Landstar System, Inc.: Key Employees
- Table 13: MSC Mediterranean Shipping Co SA: key facts
- Table 14: MSC Mediterranean Shipping Co SA: Key Employees
- Table 15: COSCO Shipping Holdings Co Ltd: key facts
- Table 16: COSCO Shipping Holdings Co Ltd: Annual Financial Ratios
- Table 17: COSCO Shipping Holdings Co Ltd: Key Employees
- Table 18: CMA CGM SA: key facts
- Table 19: CMA CGM SA: Key Employees
- Table 20: United States size of population (million), 2017–21
- Table 21: United States gdp (constant 2005 prices, $ billion), 2017–21
- Table 22: United States gdp (current prices, $ billion), 2017–21
- Table 23: United States inflation, 2017–21
- Table 24: United States consumer price index (absolute), 2017–21
- Table 25: United States exchange rate, 2017–21
- List of Figures
- Figure 1: United States marine freight industry value: $ billion, 2016–21
- Figure 2: United States marine freight industry category segmentation: $ billion, 2016-2021
- Figure 3: United States marine freight industry geography segmentation: % share, by value, 2021
- Figure 4: United States marine freight industry value forecast: $ billion, 2021–26
- Figure 5: Forces driving competition in the marine freight industry in the United States, 2021
- Figure 6: Drivers of buyer power in the marine freight industry in the United States, 2021
- Figure 7: Drivers of supplier power in the marine freight industry in the United States, 2021
- Figure 8: Factors influencing the likelihood of new entrants in the marine freight industry in the United States, 2021
- Figure 9: Factors influencing the threat of substitutes in the marine freight industry in the United States, 2021
- Figure 10: Drivers of degree of rivalry in the marine freight industry in the United States, 2021
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