How big is the Maritime Freight Transport Market?

The Maritime Freight Transport Market size is expected to reach USD 381.69 billion in 2024 and grow at a CAGR of 4.33% to reach USD 471.81 billion by 2029. Read More

What is the current Maritime Freight Transport Market size?

In 2024, the Maritime Freight Transport Market size is expected to reach USD 381.69 billion. Read More

Who are the key players in Maritime Freight Transport Market?

AP Moller (Maersk), China Ocean Shipping (Group) Company (COSCO), Mediterranean Shipping Company S.A. (MSC), CMA-CGM and Hapag-Lloyd are the major companies operating in the Maritime Freight Transport Market. Read More

Which is the fastest growing region in Maritime Freight Transport Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Maritime Freight Transport Market?

In 2024, the Asia accounts for the largest market share in Maritime Freight Transport Market. Read More

What years does this Maritime Freight Transport Market cover, and what was the market size in 2023?

In 2023, the Maritime Freight Transport Market size was estimated at USD 365.85 billion. The report covers the Maritime Freight Transport Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Maritime Freight Transport Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key segments of the Maritime Freight Transport Market?

The key segments of the Maritime Freight Transport Market are a) By Cargo Type: Container Cargo, Bulk Cargo, General Cargo, Oil & Gas b) By Industry Type: Food & Beverages, Manufacturing, Oil & Ores, Electrical & Electronics and Others Read More

Which segment holds the largest Maritime Freight Transport Market share by Cargo Type?

Based on Cargo Type Container Cargo segment holds the largest Maritime Freight Transport Market share. Read More

Maritime Freight Transport Market Share

Statistics for the 2023 & 2024 Maritime Freight Transport market share, created by Mordor Intelligence™ Industry Reports. Maritime Freight Transport share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Maritime Freight Transport Industry

The maritime transport market is fairly concentrated, with a few players accounting for significant amounts of shares in the market. Some of the prominent companies in the market are MSC, COSCO, and AP Moller.

Maritime transport is a complex activity area, owing to the inherently international nature of shipping and its multi-stakeholder dimension. The companies in the sector currently are focusing on complying with the International Maritime Organization's lower global sulfur cap on marine fuels from January 2020 as the segment moves towards implementing the plans to reduce its carbon footprint and contribution to pollution.