Asia-Pacific water transportation market accounts for the largest share in the global water transportation market.
Water Transportation market comprises establishments (except offices of CPAs) engaged in providing accounting services (except tax return preparation services only or payroll services only). These establishments may also provide tax return preparation or payroll services. Accountant (except CPA) offices, bookkeeper offices, and billing offices are included in this market.
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Water Transportation Market Size
The water transportation market is expected to reach a value of nearly $767 billion by 2022, significantly growing at a growth rate of around 9% during the forecast period. The growth in the water transportation market is due to population expansion, emerging countries growth and rapid urbanization.
However, the market for water transportation is expected to face certain restraints from several factors such as narrowing the price-cost gap, change in government policies and change in interest rates.
Banks adopting digitization in water transportation, growth in online water transportation offering new competition for banks, alternative water transportation gaining traction among users, is the major trends witnessed in the global water transportation market.
With technological advances, improved earning capacity, e-commerce growth, the scope and potential for the global water transportation market is expected to significantly rise in the forecast period.
The global water transportation is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Major players in the market are A.P. Møller-Maersk, Mediterranean Shipping Company (MSC), CMA-CGM, Evergreen Marine Corporation, Nippon Yusen Kabushiki Kaisha (NYK)).
A.P. Møller – Mærsk A/S, also known as simply Maersk, is a Danish business conglomerate with activities in the transport, logistics and energy sectors. Maersk has been the largest container ship and supply vessel operator in the world since 1996. The company is based in Copenhagen, Denmark, with subsidiaries and offices across 130 countries and around 88,000 employees. The company builds on an impressive heritage of pioneering success and growth.
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Few Points from Table of Contents:
6. Water Transportation Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Water Transportation Market Trends And Strategies
8. Water Transportation Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market
9. Water Transportation Market Regional Analysis
9.1. Global Water Transportation Market, 2018, By Region, Value ($ Billion)
9.2. Global Water Transportation Market, 2014 – 2022, Historic And Forecast, By Region
9.3. Global Water Transportation Market, Growth And Market Share Comparison, By Region
10. Water Transportation Market Segmentation
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