Marine Freight in the United Kingdom

September 2024 | 40 pages | ID: MBB5867ED392EN
MarketLine

Abstracts

Marine Freight in the United Kingdom

Summary

Marine Freight in the United Kingdom 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 UK marine freight industry recorded revenues of $34.2 billion in 2023, representing a compound annual growth rate (CAGR) of 0.7% between 2018 and 2023.
• The containerized segment accounted for the industry's largest proportion in 2023, with total revenues of $30.0 billion, equivalent to 87.8% 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, UK merchandise exports grew by 7.5%, while imports rose by 9.5% 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 the United Kingdom
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the marine freight market in the United Kingdom
• 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 Kingdom marine freight market with five year forecasts

Reasons to Buy

• What was the size of the United Kingdom marine freight market by value in 2023?
• What will be the size of the United Kingdom marine freight market in 2028?
• What factors are affecting the strength of competition in the United Kingdom marine freight market?
• How has the market performed over the last five years?
• What are the main segments that make up the United Kingdom'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. MSC Mediterranean Shipping Co SA
8.2. COSCO Shipping Holdings Co Ltd
8.3. A.P. Moller-Maersk A/S
8.4. CMA CGM SA

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: United Kingdom marine freight industry value: $ billion, 2018-23
Table 2: United Kingdom marine freight industry category segmentation: % share, by value, 2018-23
Table 3: United Kingdom marine freight industry category segmentation: $ billion, 2018-23
Table 4: United Kingdom marine freight industry geography segmentation: $ billion, 2023
Table 5: United Kingdom marine freight industry value forecast: $ billion, 2023-28
Table 6: MSC Mediterranean Shipping Co SA: Key Facts
Table 7: MSC Mediterranean Shipping Co SA: Key Employees
Table 8: COSCO Shipping Holdings Co Ltd: Key Facts
Table 9: COSCO Shipping Holdings Co Ltd: Annual Financial Ratios
Table 10: COSCO Shipping Holdings Co Ltd: Key Employees
Table 11: A.P. Moller-Maersk A/S: Key Facts
Table 12: A.P. Moller-Maersk A/S: Annual Financial Ratios
Table 13: A.P. Moller-Maersk A/S: Key Employees
Table 14: A.P. Moller-Maersk A/S: Key Employees Continued
Table 15: CMA CGM SA: Key Facts
Table 16: CMA CGM SA: Key Employees
Table 17: United Kingdom Size of Population (million), 2019-23
Table 18: United Kingdom Real GDP (constant 2010 prices, $ billion), 2019-23
Table 19: United Kingdom GDP (current prices, $ billion), 2019-23
Table 20: United Kingdom Inflation, 2019-23
Table 21: United Kingdom Consumer Price Index (absolute), 2019-23
Table 22: United Kingdom Exchange Rate, 2018-23

List Of Figures

LIST OF FIGURES

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