Industry Analysis & Industry Trends
The main factors propelling the Global Marine and Container Terminal Operation industry's growth in the past 15 years have been trade liberalization, world economic expansion and ongoing growth in Asian economies. Even after the global economic downturn, the industry was able to initially rapidly recover due to trends in emerging market growth. Over the next five years, the industry is anticipated to benefit from improving trade levels with greater demand stemming from the logistics and shipping sectors. Trade between Asian countries and the rest of the world is expected to propel global revenue during the five years to 2021, with accelerated growth in developed economies forecast to provide an additional boost... read more
Industry SWOT Analysis
The Global Marine and Container Terminal Operation industry is in the mature phase of its economic life cycle. In the 10 years to 2021, the industry's contribution to the global economy, as measured by industry value added (IVA), is forecast to grow at an average annual rate of 2.0%, while global GDP grows at an annualized 2.7%. IVA performance so close to GDP indicates a mature industry. In general, the industry's portion as a key intermediary in the global supply chain means that the industry usually grows in line or in the same direction as economic growth. Moreover, this means that industry performance is impacted by the same macro factors to influence overall economic growth, such as geopolitics, interest rates, business cycles and so on.
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