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Freight Transport by Sea in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Freight Transport by Sea Market Research Report | Mar 2015

IBISWorld’s Freight Transport by Sea market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$36bn
Annual Growth 10-15
4.1%
Annual Growth 15-20
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Profit
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Employment
255,699
Businesses
733
Industry Analysis & Industry Trends

The Freight Transport by Sea industry in China is mainly engaged in shipping exported items to their destination countries and territories from China. Therefore, industry performance is extremely sensitive to the global economic climate, which determines demand for Chinese goods.

Over the five years through 2015, industry revenue has been increasing at an annualized rate of 4.1%. In 2015, industry revenue is set to reach $35.9 billion, up 7.0% from 2014. Slowing global trade growth has created a large challenge for the development of the industry. In addition, the appreciation of the yuan will limit export growth and industry demand, and subject industry players to exchange losses.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

Industry value-added is estimated to increase by an annualized 3.0% from 2010 to 2020, lower than that of China's GDP (valuing at 6.5%) during the same period. That means the industry is in the mature life cycle.

In recent years, global economic situation recovery gets slow, which has resulted in lower growth of global trade economy and China's exports and imports. For example, in 2013, China's international trade increased 6.9% from 2012. In 2014, growth of China's import and export value slowed to 6.1%, Accordingly, market demand growth for the industry also becomes lower. In addition, there are no significant technology changes occurring with the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Freight Transport by Sea Industry?

Businesses in the Freight Transport by Sea industry provide cargo transportation services between China and other countries, including the leasing of ocean-going freighters equipped with operators. This industry only includes businesses that make trans-oceanic journeys using ships made in China. Passenger delivery and coastal freight transportation are excluded.

Industry Products
Dry bulk shippingContainer shippingLiquid bulk shippingOther activities
 
Industry Activities
Dry bulk shipping Liquid bulk shippingContainer shippingShip chartering with operators


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