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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 Investment Chapter

For every dollar spent on wages, about 2.8 dollars are invested in capital, which indicates a very high level of capital intensity.

Firms in the industry require large purchases on ships, containers and other facilities that shoulder the shipping services. To guarantee shipping safety and avoid unnecessary freight loss, a high cost is also necessary to repair or replace of these freighters. Investment on fixed assets purchases will grow slowly over the next few years in response to over-capacity. However, operating costs related to fuel and technology applications to meet with stricter environmental protection regulations will increase. In addition, companies are also establishing automated systems to trace freight. Whi.. 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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