The Global Inland Water Freight Transport Market Report by The Business Research Company covers inland water freight transport market drivers and restraints, inland water freight transport market size, major players, and the impact of COVID-19 on the inland water freight transport market.
The inland water freight transport market consists of sales of inland water freight transportation services and related goods by entities (organizations, sole traders, and partnerships) that provide inland water transportation of cargo on lakes, rivers, or intra-coastal waterways. Only goods and services traded between entities or sold to end consumers are included.
The need for economical transportation for cargo has been the main driving factor for the inland water freight transport market. The global inland water freight transport market is expected to grow from $17.89 billion in 2020 to $18.66 billion in 2021 at a compound annual growth rate (CAGR) of 4.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $22.29 billion in 2025 at a CAGR of 4.5%.
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Some inland water freight transport market trends include the development of information technology platforms. The development of information technology platforms for better vessel management is an emerging trend in the inland water freight transport market. According to the United Nations Conference on Trade and Development (UNCTAD) in 2019, about 80% of global trade by volume was carried by waterways with a fleet of 95402 ships. Information technology on ships is used for- fuel optimization and monitoring vessel performance, recognizing scanned copies and photos of documents, customer relationship management, warehouse management, and Que management system.
Global inland water freight transport market segments include:
1) By Type Of Transportation: Liquid Bulk Transportation, Dry Bulk Transportation.
2) By Fuel: Heavy Fuel Oil, Diesel, Biofuel, Others.
3) By Vessel Type: Cargo Ships, Container Ships, Tankers, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Inland Water Freight Transport Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides inland water freight transport market overviews, analyzes and forecasts market size, share, inland water freight transport market players, inland water freight transport market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The inland water freight transport market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Inland Water Freight Transport Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: American Commercial Barge Line, Ingram Barge, Kirby Inland Marine, American River Transportation, CMA CGM Group, McKeil Marine Limited, AP Moller – Maersk A/S, Rhenus Group, Rhenus Group, Imperial Logistics International.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Inland Water Freight Transport Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Inland Water Freight Transport Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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