Market Outlook and Forecast:
MRFR recognizes key players in Global Cargo Shipping Market as: A.P. Moller-Maersk Group (Denmark), Mediterranean Shipping Company S.A. (Switzerland), Panalpina World Transport (Holding) Ltd. (Switzerland), CMA-CGM SA (France), DHL Global Forwarding (Germany), China COSCO Holdings Company Limited (China), Nippon Express Co., Ltd. (Japan), Deutsche Bahn AG (Germany), Hapag-Lloyd AG (Germany) and Panalpina Welttransport Holding AG (Switzerland).
Global Cargo Shipping Market is expected to grow around 3.45% CAGR during the period 2017 to 2023.
Asia-Pacific region is expected to dominate the Cargo Shipping Market with the highest CAGR, owing to developing economies such as China and India. In addition, factors such as market demand, developments in port infrastructure and strong government support have boosted the growth of the market in the region and have enabled to achieve largest market share.
North America is anticipated to grow at a promising CAGR during the forecast period due to the presence of Canada and Mexico, which are export oriented economies.
Market Key Players:
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In recent years, cargo shipping market has advanced rather productively. While, increasing number of countries forging of free trade agreements like ASEAN Free Trade Area (AFTA), Trans-Pacific Strategic Economic Partnership (TPSEP) and North American Free Trade Agreement (NAFTA) will boost the growth of cargo shipping market further. In addition, the market is gaining momentum with initiatives such as the One Belt, One Road, as well as the expanded Panama Canal and Suez Canal are expected to positively affect the seaborne trade by generating business opportunities.
This study provides an overview of the Global Cargo Shipping Market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region.
Details of Report @ https://www.marketresearchfuture.com/reports/cargo-shipping-market-3165
The scope of the study segments the Global Cargo Shipping Market by its cargo Type, Industry and Region.
- By Cargo Type
- Container Cargo
- Bulk Cargo
- General Cargo
- By Industry
- Oil & Ores
- Electrical & Electronics
- By Region
- Asia Pacific
- North America
- Rest of World
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