Product Code: SR112023A3890
Abstract
The global barge transportation market size reached US$ 126.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 154.6 Billion by 2028, exhibiting a growth rate (CAGR) of 3.4% during 2022-2028.
A barge is a long boat with a flat bottom that is used for transporting passengers and heavy goods through rivers, canals, and lakes. It is widely preferred over heavy freight shipping as it is economical and environment-friendly and can be easily employed for transporting bulk commodities, such as grains, coal, and petroleum. At present, the significant growth in the international trade of chemicals, minerals, petroleum, agricultural, electronic, pharmaceutical, and food products is positively influencing the demand for barge transportation around the world.
Barge Transportation Market Trends:
In confluence with the increasing offshore production of oil and gas, rapid industrialization acts as a major growth-inducing factor catalyzing the demand for barge transportation. Moreover, the rising consumption of packaged food products on account of hectic lifestyles, the escalating demand for medical supplies, and the thriving agriculture industry are also bolstering the market growth. Apart from this, governing authorities of numerous countries are increasingly investing in improving infrastructure for inland waterways, which is contributing to the market growth. Additionally, several leading companies are offering distinct facilities, such as infrastructure, warehouses, refueling, and intermodal shipment. These companies are also emphasizing on mergers and acquisitions (M&A), collaborations, and partnerships with other companies to upgrade existing designs, develop innovative products and expand their existing reach in the market. This, along with the growing adoption of the internet of things (IoT), is anticipated to increase the utilization of barge transportation in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global barge transportation market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type of cargo, barge fleet, application and activities.
Breakup by Type of Cargo:
Dry Cargo
Liquid Cargo
Gaseous Cargo
Breakup by Barge Fleet:
Open Barge
Covered Barge
Tank Barge
Breakup by Application:
Coal and Crude Petroleum Products
Agricultural Products
Coke and Refined Petroleum Products
Metal Ores and Fabricated Metal Products
Chemicals, Rubber and Plastic, Nuclear Fuel
Food Products, Beverages, and Tobacco
Others
Breakup by Activities:
Intracoastal Transportation
Inland Water Transportation
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alter Logistics (Goldstein Group Inc.), American Commercial Barge Line (American Commercial Lines Inc), Anderson Trucking Service Inc, Bouchard Transportation Co. Inc., Campbell Transportation Company Inc (Blue Danube Incorporated), Heartland Barge Management LLC, Ingram Marine Group, Kirby Corporation, McAllister Towing and Transportation Co. Inc., PACC Offshore Services Holdings Ltd., Poh Tiong Choon Logistics Ltd. and SEACOR Marine Holdings Inc.
Key Questions Answered in This Report
- 1. What was the size of the global barge transportation market in 2022?
- 2. What is the expected growth rate of the global barge transportation market during 2023-2028?
- 3. What are the key factors driving the global barge transportation market?
- 4. What has been the impact of COVID-19 on the global barge transportation market?
- 5. What is the breakup of the global barge transportation market based on the type of cargo?
- 6. What is the breakup of the global barge transportation market based on the barge fleet?
- 7. What is the breakup of the global barge transportation market based on the application?
- 8. What is the breakup of the global barge transportation market based on the activities?
- 9. What are the key regions in the global barge transportation market?
- 10. Who are the key players/companies in the global barge transportation market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Barge Transportation Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type of Cargo
- 6.1 Dry Cargo
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Liquid Cargo
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Gaseous Cargo
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Barge Fleet
- 7.1 Open Barge
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Covered Barge
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Tank Barge
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Application
- 8.1 Coal and Crude Petroleum Products
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Agricultural Products
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Coke and Refined Petroleum Products
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Metal Ores and Fabricated Metal Products
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Chemicals, Rubber and Plastic, Nuclear Fuel
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Food Products, Beverages, and Tobacco
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 8.7 Others
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
9 Market Breakup by Activities
- 9.1 Intracoastal Transportation
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Inland Water Transportation
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Alter Logistics (Goldstein Group Inc.)
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 American Commercial Barge Line (American Commercial Lines Inc)
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 Anderson Trucking Service Inc
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Bouchard Transportation Co. Inc.
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 Campbell Transportation Company Inc (Blue Danube Incorporated)
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 Heartland Barge Management LLC
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 Ingram Marine Group
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Kirby Corporation
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 McAllister Towing and Transportation Co. Inc.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 PACC Offshore Services Holdings Ltd.
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 Poh Tiong Choon Logistics Ltd.
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 SEACOR Marine Holdings Inc.
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials