Marine Freight in United States

Marine Freight in United States

  • May 2020 •
  • 37 pages •
  • Report ID: 364583 •
  • Format: PDF
Marine Freight in United States

Summary
Marine Freight in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
- The marine freight sector is defined as consisting of revenues generated from freight transportation by ship of container (only LoLo) and dry bulk cargo , by sea and ocean going vessels. The sector includes both domestic and international freight, which for the purposes of this report is counted in the country of origin. Only outbund trips are considered. The vaues are calculated by multiplying the averge price of the goods per ton and volume of cargo transported. Any currency conversions used in the creation of this report have been calculated using constant 2019 annual average exchange rates.
- The UK marine freight industry had total revenues of $5.6bn in 2019, representing a compound annual growth rate (CAGR) of 8.6% between 2015 and 2019.
- The containerized segment was the industry’s most lucrative in 2019, with total revenues of $4.6bn, equivalent to 81.7% of the industry’s overall value.
- Prices rose in 2019 despite there being oversupply in the industry, as ships are running at full capacity.

Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the marine freight market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the marine freight market in the United States
- Leading company profiles reveal details of key marine freight market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States marine freight market with five year forecasts

Reasons to Buy

- What was the size of the United States marine freight market by value in 2019?
- What will be the size of the United States marine freight market in 2024?
- What factors are affecting the strength of competition in the United States marine freight market?
- How has the market performed over the last five years?
- What are the main segments that make up the United States’s marine freight market?
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