Marine Freight in China

September 2024 | 45 pages | ID: M311E4F9450EN
MarketLine

Abstracts

Marine Freight in China

Summary

Marine Freight in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). 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 includes revenues generated from the transportation of containers (only LoLo) and dry bulk cargo by sea and ocean-going vessels. The sector encompasses domestic and international freight, which, for the purposes of this report, is counted in the country of origin.
• The Chinese marine freight industry recorded revenues of $336.5 billion in 2023, representing a compound annual growth rate (CAGR) of 1.4% between 2018 and 2023.
• The containerized segment accounted for the industry's largest proportion in 2023, with total revenues of $313.2 billion, equivalent to 93.1% of the industry's overall value.
• Increasing total merchandise exports and imports is a significant driver for the marine freight industry. Higher trade volumes necessitate a more extensive and efficient shipping network to handle the increased flow of cargo between countries. According to the World Trade Organization (WTO), in 2023, Chinese merchandise exports grew by 3.6%, while imports rose by 2.4% from the previous year, reflecting a substantial expansion in international trade.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the marine freight market in China
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the marine freight market in China
• 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 China marine freight market with five year forecasts

Reasons to Buy

• What was the size of the China marine freight market by value in 2023?
• What will be the size of the China marine freight market in 2028?
• What factors are affecting the strength of competition in the China marine freight market?
• How has the market performed over the last five years?
• What are the main segments that make up China's marine freight market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments in the market?

8 COMPANY PROFILES

8.1. Orient Overseas (International) Ltd
8.2. Yang Ming Marine Transport Corp
8.3. Evergreen Marine Corp Taiwan Ltd
8.4. COSCO Shipping Holdings Co Ltd

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: China marine freight industry value: $ billion, 2018-23
Table 2: China marine freight industry category segmentation: % share, by value, 2018-23
Table 3: China marine freight industry category segmentation: $ billion, 2018-23
Table 4: China marine freight industry geography segmentation: $ billion, 2023
Table 5: China marine freight industry value forecast: $ billion, 2023-28
Table 6: Orient Overseas (International) Ltd: Key Facts
Table 7: Orient Overseas (International) Ltd: Annual Financial Ratios
Table 8: Orient Overseas (International) Ltd: Key Employees
Table 9: Yang Ming Marine Transport Corp: Key Facts
Table 10: Yang Ming Marine Transport Corp: Annual Financial Ratios
Table 11: Yang Ming Marine Transport Corp: Key Employees
Table 12: Yang Ming Marine Transport Corp: Key Employees Continued
Table 13: Evergreen Marine Corp Taiwan Ltd: Key Facts
Table 14: Evergreen Marine Corp Taiwan Ltd: Annual Financial Ratios
Table 15: Evergreen Marine Corp Taiwan Ltd: Key Employees
Table 16: Evergreen Marine Corp Taiwan Ltd: Key Employees Continued
Table 17: Evergreen Marine Corp Taiwan Ltd: Key Employees Continued
Table 18: COSCO Shipping Holdings Co Ltd: Key Facts
Table 19: COSCO Shipping Holdings Co Ltd: Annual Financial Ratios
Table 20: COSCO Shipping Holdings Co Ltd: Key Employees
Table 21: China Size of Population (million), 2019-23
Table 22: China real GDP (constant 2010 Prices, $ billion), 2019-23
Table 23: China GDP (current prices, $ billion), 2019-23
Table 24: China Inflation, 2019-23
Table 25: China Consumer Price Index (absolute), 2019-23
Table 26: China exchange rate, 2018-23

List Of Figures

LIST OF FIGURES

Figure 1: China marine freight industry value: $ billion, 2018-23
Figure 2: China marine freight industry category segmentation: $ billion, 2018-23
Figure 3: China marine freight industry geography segmentation: % share, by value, 2023
Figure 4: China marine freight industry value forecast: $ billion, 2023-28
Figure 5: Forces driving competition in the marine freight industry in China, 2023
Figure 6: Drivers of buyer power in the marine freight industry in China, 2023
Figure 7: Drivers of supplier power in the marine freight industry in China, 2023
Figure 8: Factors influencing the likelihood of new entrants in the marine freight industry in China, 2023
Figure 9: Factors influencing the threat of substitutes in the marine freight industry in China, 2023
Figure 10: Drivers of degree of rivalry in the marine freight industry in China, 2023