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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 | May 2016

The Freight Transport by Sea market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$36bn
Annual Growth 11-16
4.8%
Annual Growth 16-21
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Profit
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Employment
260,051
Businesses
741
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 as it determines demand for Chinese goods.

Over the five years through 2016, industry revenue has been increasing at an annualized rate of 4.8%. In 2016, industry revenue is expected to increase to $35.6 billion, up 2.5% from 2015. Slowing global trade volume growth has created a large challenge for the development of the industry.

Over the five years through 2021, ACMR-IBISWorld projects that revenue will grow at the slower rate of of 2.7%.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The International Transportation of Freight by Sea industry is in the medium level of concentration: the top four companies account for an estimated 63.4% of total revenue. These four are large state-owned companies under government administration, which makes it easier for them to get government support.

International freight shipping is reliant on high investment into fixed assets like ships, and its business has economies of scale. Therefore, government capital plays a dominant role and the business is concentrated in the major state-owned players.

The concentration level increased slightly over the past five-year period. Smaller players are less likely to weather economic challenges when both demand and shipping price drop as they did in 2009... 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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