Cargo Shipping Market was valued at USD 11.36 billion in 2021 and is expected to reach USD 16.43 billion by 2029, registering a CAGR of 4.72% during the forecast period – 2029.

Industry Analysis

The rise in the number of cargo shipping is being witnessed around the world due to the trade liberalization and global economic growth. Various type of storage, loading, unloading and securing require different types of ships for transportation. A direct increase in commodity consumption has been seen with economic growth and development. Manufacturing accounts for the largest end user segment in the respective market owing to the growing economy. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Cargo ships are the ships responsible for transporting goods and materials of all kinds from one destination to another. The biggest advantage of cargo shipping is that it allows the transportation of the bulkiest goods which is not possible via roadways or airways. However, there is one drawback to cargo shipping. These are slow as compared to other modes of transportation. Cargo ships are generally equipped with cranes and other similar equipment to load and unload the cargo.

Global Cargo Shipping Market Scope and Market Size

The cargo shipping market is segmented on the basis of type, cargo type and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.


  • Tramp Ships
  • Linear Ships

Cargo Type

  • Container Cargo

                               20 foot (6.08 m) twenty-foot equivalent unit (TEU)

                               40 foot (12.8 m) forty-foot equivalent unit (FEU)

                               45 foot (13.7m)

                               48 foot (14.6m)

  • Bulk Cargo




  • General Cargo


                        Raw Materials


End User

  • Food and Beverages
  • Manufacturing
  • Oil and Gas
  • Metal Ores
  • Electrical and Electronics
  • Others

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Cargo Shipping Market Regional Analysis/Insights

The cargo shipping market is analyzed and market size insights and trends are provided by country, type, cargo type and end user.

The countries covered in the Cargo Shipping Market report are

  • S.
  • Canada and Mexico in North America
  • Germany
  • France
  • K.
  • Netherlands
  • Switzerland
  • Belgium
  • Russia
  • Italy
  • Spain
  • Turkey
  • Rest of Europe in Europe
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Australia
  • Thailand
  • Indonesia
  • Philippines
  • Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
  • Saudi Arabia
  • A.E
  • Israel
  • Egypt
  • South Africa
  • Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
  • Brazil
  • Argentina and Rest of South America as part of South America.

Competitive Landscape and Cargo Shipping Market

The cargo shipping market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cargo shipping market.

Some of the major players operating in the cargo shipping market are

  • YANG MING Group. (Taiwan)
  • Evergreen Marine Corp. (Taiwan) Ltd. (Taiwan)
  • Ocean Network Express Pte. Ltd. (Singapore)
  • Mitsui O.S.K.Lines (Japan)
  • Pacific International Lines Pte Ltd (Singapore)
  • CMA CGM Group (France)
  • P. Moller – Maersk (Denmark)
  • MSC Mediterranean Shipping Company S.A. (Switzerland)
  • Panalpina World Transport (Holding) Ltd. (Switzerland)
  • DHL International GmbH (Germany)
  • Nippon Express Co., Ltd (Japan)
  • Hapag-Lloyd AG (Germany)
  • CEVA Logistics AG (France)
  • Deutsche Bahn AG (Germany)
  • DB Schenker (Germany)

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  • Chapter One: Introduction
  • Chapter Two: Market Segmentation
  • Chapter Three: Market Overview
  • Chapter Four: Executive Summary
  • Chapter Five: Premium Insights
  • Chapter Six: Cargo Shipping Market by Product & Procedure type

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