Inland Water Transport Market 2024 – Market Insights, Industry Drivers, Market Size, Share And Forecast To 2033 | Deutsche Post AG, AP Moller – Maersk A/S, CMA CGM Group, Carnival Corporation, Nippon Yusen

The Inland Water Transport Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Inland Water Transport Global Market Report 2024, The inland water transport market size has grown strongly in recent years. It will grow from $20.51 billion in 2023 to $21.92 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to agricultural transport, bulk cargo transport, infrastructure development, environmental advantages, trade and commerce, industrialization.

The inland water transport market size is expected to see strong growth in the next few years. It will grow to $28.24 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to sustainable practices, inland port development, tourism development, river restoration projects, economic growth in riverine areas, water resource management. Major trends in the forecast period include fleet with eco-friendly technologies, smart ports and terminals, inland waterway information systems, predictive maintenance systems, intermodal connectivity with rail and road.

Recently, companies are encouraging lean and green inland transportation. For improved efficiency, companies are focusing on natural gas in shipping, improved vessel designs, efficient loading and unloading of cargo, and many more. The companies are also retrofitting old equipment in ships with emission reduction devices, hull cleaning and coating, and high-performance propellers and nozzles. Certain advanced propulsion systems, such as fuel cell hybrid drive technologies, will be available soon in the market. With these efforts, the inland transport market is seeing steady growth in the upcoming years.

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The inland water transport market covered in this report is segmented –

1) Inland Water Transport Market By Type: Inland Water Freight Transport, Inland Water Passenger Transport

Top Major Players

Deutsche Post AG

AP Moller – Maersk A/S

CMA CGM Group

Carnival Corporation

Nippon Yusen

The inland water transport market report table of contents includes:

1. Executive Summary

2. Inland Water Transport Market Characteristics