Market Values:
The Cargo Shipping Market, : size was volume at 12.48 Bn. Tons in 2022. Tankers, one of the segments reviewed in our reports dominated the Cargo Shipping Market.
Report Scope:
The comprehensive report analyzes market trends from 2018 to project market dynamics through 2029, with a special focus on the effects of the 2022 lockdown on demand, supply, and strategic analysis of resilient companies. COVID-19's impact on production, demand, supply chains, and financial markets is thoroughly examined.
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Research Methodology:
The study incorporates a blend of primary and secondary research methods, with special attention to the year 2022 and the pandemic's aftermath on the market for the next two years.
Drivers and Restraints:
Cargo Shipping , the preferred material for storing beverages, food, and pharmaceuticals, owes its popularity to its recyclability and preservation properties. The market is driven by the demand for eco-friendly packaging, emphasis on sustainable practices, and the rise in demand for healthy and organic food products. The alcoholic beverages industry, choosing glass bottles for preserving taste and quality, significantly contributes to market growth.
Market Dynamics:
The report segments the global market by Application Type (Packaging, Tableware, Decorative Containers), End-User Type (Food & Beverage Packaging, Cosmetics Packaging, Healthcare Packaging, Consumer Applications Packaging, Chemical, Others), and Region (North America, Europe, Asia Pacific, Middle East & Africa, Latin America).
Glass Cargo Shipping Market Segmentation:
by Vessel
Multi-Purpose Vessels
Tankers
Container Vessels
Others
With a 41% share, the tanker segment of the market by vessel dominated the industry in 2022. Tankers are cargo shipping boats that are frequently used to move bulk liquid and gas commodities. They are the best option for moving gas, chemicals and petrochemicals. Refinery. Oil tankers, chemical tankers, and petrol tankers are some of the major types of tankers utilised for service purposes based on their cargo-carrying capability. Extended journeys and port visits by a limited number of boats can be advantageous. This segment is predicted to increase at a CAGR of 3.4% across the forecast period.
by Vessel
Cargo <1000 TEU
1000-14000 TEU
14000-18000 TEU
>20000 TEU
In terms of vessel cargo, the 1,4000–18,000 TEU sector held a 41% market share in 2022. This category includes ultra-large container vessels with capacities of 15,000 and above, as well as Neo-Panamax vessels with capacity of 1400015000 TEU. Neo-Panamax refers to medium to big vessels that are 43 metres wide and can carry 19 rows of containers equal to Suezmax tankers, and ultra-large container vessels are at least the largest container vessels with capacity. applies to 366 metres in length, 49 metres in breadth, and 15.2 metres and higher in draft. This provides an advantage in the risky end-user market. These elements are fueling the cargo shipping segment's market expansion. Over the course of the projection period, this segment is anticipated to rise at a CAGR of 4% due to an increase.
by Industry Type
Food & Beverages
Manufacturing
Oil, Gas & Ores
Electrical & Electronics
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Glass Cargo Shipping Market Key Players
1. CMA-CGM SA
2. A.P. Moller-Maersk Group
3. China COSCO Holdings Company Limited
4. Mediterranean Shipping Company S.A.
5. Panalpina World Transport (Holding) Ltd.
6. DHL Global Forwarding
7. Nippon Express Co., Ltd
8. Hapag-Lloyd AG
9. Ceva Logistics
10. Deutsche Bahn AG
11. DB Schenker
12. Evergreen Marine
13. Hamburg Sud Group
14. Mitsui O.S.K Lines, Ltd.
15. Pacific International Lines (PIL)
16. Yang Mang Marine Transport Corporation
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Table of content for the Glass Cargo Shipping Market includes:
Part 01: Executive Summary
Part 02: Scope of the Glass Cargo Shipping Market Report
Part 03: Global Glass Cargo Shipping Market Landscape
Part 04: Global Glass Cargo Shipping Market Sizing
Part 05: Global Glass Cargo Shipping Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Regional Insights:
The global Glass Cargo Shipping market encompasses regions like North America, Asia Pacific, Europe, Middle East and Africa, and South America. Each region plays a significant role in shaping the market. For instance, the North America Glass Cargo Shipping Market is experiencing a rise in demand , driven by the adoption of electric and zero-emission vehicles for the non-tactical fleet of the U.S. military. The Asia Pacific region, on the other hand, is witnessing strong investments in Glass Cargo Shipping to bolster military capabilities.
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