What is Cargo Shipping Market?
Cargo shipping is carrying cargo, goods and materials from one port to another by cargo or freighter ship. Cargo ships are specially designed ships for the task often being equipped with cranes and other mechanisms to load and unload and come in all sizes. The cargo shipping is considered as a best mode of transportation because of its safe in handling of delicate materials and it is quite cheap. It carries foods, footwear, garments, petroleum products and other material.
The market study is being classified by Type (Container Cargo, Bulk Cargo, General Cargo and Multipurpose Cargo), by Application (Food Industry, Manufacturing Industry, Oil and Gas, Metal Ores and Electrical and Electronics) and major geographies with country level break-up.
CMA CGM Group (France), Maersk (Denmark), Mediterranean Shipping Company (Switzerland), Panalpina (Switzerland), DHL Global Forwarding (Germany), China COSCO Holdings Company Limited (China), Nippon Express Co., Ltd (Japan), Hapag-Lloyd AG (Germany), Deutsche Bahn AG (Germany) and CEVA Logistics (Switzerland) are some of the key players profiled in the study.
Research Analyst at AMA predicts that Global Manufacturers will contribute to the maximum growth of Global Cargo Shipping market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Cargo Shipping market by Type, Application and Region.
On the basis of geography, the market of Cargo Shipping has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Number of Manufacturing and Factory Units
- Safe and Cheap Handling of Material
Market Trend
- Improving Transportation Services
Restraints
- Global Environmental Changes
Opportunities
- Economic Development across the Globe
- Rising Demand for Cargo Shipping
Key Target Audience
Cargo Shipping Providers, Research Professionals, Emerging Companies, Government Body & Associations and End-user