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.
Frequently Asked Questions
The market is segmented based on Segmentation, By Type (Tramp Ships and Linear Ships), Cargo Type (Container Cargo, Bulk Cargo, General Cargo and Passenger), End User (Food and Beverages, Manufacturing, Oil and Gas, Metal Ores and Electrical and Electronics and Others) - Industry Trends and Forecast to 2032
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The Global Cargo Shipping Market size was valued at USD 13.05 USD Billion in 2024.
The Global Cargo Shipping Market is projected to grow at a CAGR of 4.72% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)..
