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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

IBISWorld’s Freight Transport by Sea market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 SWOT Analysis Chapter

Industry value-added is estimated to increase an annualized 3.5% from 2011 to 2021, lower than that of China's GDP (6.5% per year) during the same period. This indicates the industry is in the mature life cycle.

In recent years, slow growth in the global trade economy has affected China's exports and imports. For example, in 2013, China's international trade increased 6.9% from 2012. In 2014, growth in China's import and export value slowed to 6.1%. China's foreign trade value decreased 8% in 2015. Accordingly, market demand growth for the industry is falling. 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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