Marine Freight in Asia-Pacific
SummaryMarine Freight in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). 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 includes revenues generated from the transportation of containers (only LoLo) and dry bulk cargo by sea and ocean-going vessels. The sector encompasses domestic and international freight, which, for the purposes of this report, is counted in the country of origin.
- The Asia-Pacific marine freight industry recorded revenues of $673.7 billion in 2023, representing a compound annual growth rate (CAGR) of 1.0% between 2018 and 2023.
- The containerized segment accounted for the industry’s largest proportion in 2023, with total revenues of $598.9 billion, equivalent to 88.9% of the industry’s overall value.
- The Asia-Pacific region is the largest industry, accounting for 49.2% of the global marine freight industry in 2023.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the marine freight market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the marine freight market in Asia-Pacific
- 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 Asia-Pacific marine freight market with five year forecasts
Reasons To Buy
- What was the size of the Asia-Pacific marine freight market by value in 2023?
- What will be the size of the Asia-Pacific marine freight market in 2028?
- What factors are affecting the strength of competition in the Asia-Pacific marine freight market?
- How has the market performed over the last five years?
- Who are the top competitors in Asia-Pacific's marine freight market?
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