Global Cargo Shipping Market Report 2019, Competitive Landscape, Trends and Opportunities
Overview
The word Cargo Shipping refers to the shipping or transportation of different kinds of articles, and goods, that include the materials and merchandise also. The Cargo Shipping also includes wares carried by aircraft on board, or by a ship, or even by trains and trucks. The carrier of the Cargo is the one who pays for the bills of different kinds including, the airway bill and the landing bill. The Cargo Shipping also includes livestock in it but mostly exclude the fuels that power the vehicles and other machinery product. It also excludes mails. Spare parts of vehicles and baggage.
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Market Segmentation of the Cargo Shipping Industry
The Cargo Shipping has mainly been segmented into:
Liquid cargo Shipping
The Liquid Cargo Shipping is the shipping of chemicals, liquefied natural gas, and crude oil. These are the products that cannot be packed in boxes nor can be baggage. Hence, they are filled in large tank spaces and shipped.
Dry Cargo Shipping
This method of Cargo Shipping generally includes the carriage of solid and dry goods that can sustain extreme temperatures of heat and cold. The materials that are shipped in this segment include metal ores, products of steel, coal, food grains, and other forest products.
General Cargo Shipping
The General method of Cargo Shipping generally includes the Cargo that is to be loaded individually and not in bulk amount.
Container Cargo Shipping
As the name suggests, the Container Cargo Shipping is the method of shipping Containers from one place to the other.
Application of Cargo Shipping Industry
The Cargo Shipping industry has been a massive industry in the recent past that covers almost every segment, and its use in industries like Food industry, Manufacturing industry, Electrical & Electronics industry and also Mineral Fuels & Oil industry has grown convincingly.
Major Geographical Regions of the Cargo Shipping Industry
Based on the region, the global market of the Cargo Shipping Industry includes the United States of America, from North America. Germany, France, United Kingdom, Italy, Spain, Poland, and Russia from Europe. China, Japan, South Korea, India, Indonesia, Singapore, Thailand, Malaysia, Philippines, Vietnam, and Australia from Asia-Pacific. Brazil, Mexico, and Colombia from Central & South America. And Turkey, Egypt, South Africa, Saudi Arabia, United Arab Emirates, and GCC Countries from the Middle East & Africa.
Leading Market Players of the Cargo Shipping Industry
The leading market players of the Cargo Shipping Industry include the Panalpina World Transport (Holding) Ltd., Hapag-Lloyd AG, Nippon Express Co., Ltd, Mediterranean Shipping Company S.A., A.P. Moller-Maersk Group, China COSCO Holdings Company Limited, Deutsche Bahn AG, CMA-CGM SA, Ceva Logistics, and DHL Global Forwarding.
Factors affecting the growth
Some of the significant factors influencing the growth are,
The Global Seaborne trade and its rise.
Growth in the trade of the Asia Pacific and the Middle-East Countries.
Extension of the Pharmaceutical, automotive, and agricultural industry.
Continued…..
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