Asia Pacific Rail Freight Transport Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Asia Pacific Rail Freight Transport Market is segmented by cargo type (containerized (intermodal), non-containerized, and liquid bulk), destination (domestic and international), service type (transportation and services allied to transportation), and by country (India, China, Australia, Japan, Indonesia, Thailand and Rest of Asia-Pacific). The report offers the market size and forecasts in volume (thousand metric tons) and value (USD billion) for all the above segments.

Asia Pacific Rail Freight Transport Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

APAC Rail Freight Transport Industry Overview

The Asia Pacific Rail Freight Transport Market is moderately consolidated in nature, with a mix of global and local players. Major players include China State Railway Group Co. Ltd., Aurizon Holdings Ltd., M & W China Limited, Japan Freight Railway Co., Indian Railways, and many more. According to industry sources, the rail industry has been facing huge competition from its similar service providers, road and air transporters, since the last decade. Many countries are heavily investing in railroad infrastructural developments, and investments are especially huge in China and India. International companies hold a large market share by acquiring or joining hands with local companies in many regions. At the country level, most of the markets seem to be concentrated with the presence of one or two major players.

APAC Rail Freight Transport Market Leaders

  1. China State Railway Group Co. Ltd.

  2. Aurizon Holdings Ltd.

  3. M & W China Limited

  4. Japan Freight Railway Co.

  5. Indian Railways

  6. *Disclaimer: Major Players sorted in no particular order
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