China road transportation market is anticipated to reach US$970.67 billion in 2026, growing at a CAGR of 633% during the period spanning 2022-2026. An increase in import and export of products and materials is expected to boost the road freight transport market during the forecast period. China’s road transportation market can be segmented as follows: Full-truck-load (FTL), Less-than-truckloa ..
North America packaging market is forecasted to reach US$231.9 billion, growing at a CAGR of 2.50%, for the period 2022-2026. Factors such as rising demand for cosmetics, growing sales of entertainment equipment, accelerating consumption of single-use packaging, upsurge in goods exports and rapid urbanization would drive the growth of the market. However, the market growth would be challenged b ..
The global aircraft leasing market is forecasted to reach US$247.41 billion in 2026, experiencing growth at a CAGR of 7.8% during the period spanning from 2022 to 2026. Growth in the global aircraft leasing market was supported by factors such as rising air passenger traffic, increased use of air cargo, rise in global gross domestic product, increasing share of leasing aircrafts, rising demand ..
The global liquid carton market by value is forecasted to reach US$16.62 billion in 2025, experiencing growth at a CAGR of 3.10% during the period spanning from 2021 to 2025. Growth in the global liquid carton market has been supported by rising disposable income, increasing urban population, increased consumption of packaged beverages, growing health & wellness spending, convenience and di ..
The global sack paper market is expected to record a value of US$38.32 billion in 2025, rising at a CAGR of 4.39%, for the time period of 2021-2025. Factors such as expansion of biodegradable packaging industry, growth in grocery retail sales, upsurge in courier services, accelerating demand for agricultural fertilizer, rapid urbanization and growing public awareness about the hazards of single ..
The global contract logistics market is forecasted to reach US$315.67 billion in 2025, growing at a CAGR of 5.45% for the period spanning from 2021 to 2025.
Factors such as growing e-commerce industry, increasing food and beverages demand, improving consumer confidence index, rising urbanization levels and rising focus on green supply chain are expected to drive the market growth. However ..
The global warehouse automation market is likely to record growth at a CAGR of 13.60% during the period spanning 2021-2025, and reach US$30.99 billion in 2025. Growth in the global warehouse automation market was supported by several factors like surging adoption of industrial IoT, rising urbanization and growing e-commerce sales. The market is predicted to experience growth in the future years ..
The global container shipping market is predicted to reach US$10.93 billion in 2025, progressing at a CAGR of 8.49% over the period 2021-2025. The factors such as growing population, accelerating economic growth, rising demand for shipping containers, increasing steel production and rapid urbanization would drive the growth of the market. However, the market growth would be challenged by mounti ..
The global crude tanker fleet size is anticipated to reach 423 million dead weight tonnes (DWT) in 2020, as compared to 389 million dead weight tonnes (DWT) in 2018. The growth in the crude tanker market has been driven by fluctuating crude oil prices, rising oil demand and increasing urban population. The market faced challenges like fluctuating crude oil production and the US shale revolution ..
The global shipbuilding new orders reached 42.74 million GT in 2019. The factors such as increasing sea-borne trade, accelerating economic growth, growing energy consumption and rising demand of eco-friendly ships are expected to drive the market. However, growth of the industry would be challenged by the environmental regulations, risk of cyber breaches and trade wars. A few notable ..