Austin, TX, USA, Feb. 12, 2025 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Water Transport Market Size, Trends and Insights By Transport Type (Freight Transport, Passenger Transport), By Type (Inland Water Transport, Deep Sea, Coastal, Great Lakes), By Propulsion Type (Diesel-powered, LNG-powered, Hybrid and Electric-powered, Others (Nuclear, Hydrogen)), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034“ in its research database.
“According to the latest research study, the demand of global Water Transport Market size & share was valued at approximately USD 610.72 Billion in 2024 and is expected to reach USD 653.30 Billion in 2025 and is expected to reach a value of around USD 1014.41 Billion by 2034, at a compound annual growth rate (CAGR) of about 5.8% during the forecast period 2025 to 2034.”
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Water Transport Market: Overview
Water transport refers to moving goods and passengers through rivers, seas, and oceans using boats, ferries, tankers, etc. It is considered an essential mode of transport for global trade. They offer cost-effective and environmentally friendly solutions. For bulk and heavy goods, the water transport market is evolving along with advances in shipbuilding technology.
Growing demand for container shipping and the growth of e-commerce drive maritime transport. Increasing concerns about carbon emissions are also spurring investment in greener, more energy-efficient containers. Essential market segments include domestic water transportation, sea transportation, and passenger service. There are crucial opportunities in emerging economies.
However, factors such as lack of adequate infrastructure, dearth of skilled labor, dynamic regulatory landscape, high cost of water transport, and climate change are restraining the market growth.
The growing urbanization, increasing investment by global companies in emerging economies, and environmental benefits of water transport are some of the factors expected to create lucrative opportunities for the market.
Global Water Transport Market is segmented into transport type, by type, by propulsion type, by region. By type, deep-sea shipping dominated the market in 2024 and is expected to keep its dominance during the forecast period. Deep sea shipping plays a vital role in international trade. Coastal transport, which facilitates movement to the coast of the country.
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The efficiency of domestic transportation of goods supports this. Inland water transport is gaining attention. This is especially true in regions with extensive river networks, such as Europe and Asia. It offers cost-effective solutions for bulk products such as minerals and agricultural products. The increasing focus on green transport and government investment in water infrastructure further shapes these sectors’ development.
By Propulsion type, diesel-powered boats dominate the water transport market due to their wide adoption and infrastructure set and fuel readiness. This is because, especially in the large container segment, LNG-based vessels, which account for the largest share, are gaining significant momentum because they are a cleaner alternative, reduce greenhouse gas emissions, and follow strict environmental regulations, especially in developed areas.
Report Scope
| Feature of the Report | Details |
| Market Size in 2025 | USD 653.30 Billion |
| Projected Market Size in 2034 | USD 1014.41 Billion |
| Market Size in 2024 | USD 610.72 Billion |
| CAGR Growth Rate | 5.8% CAGR |
| Base Year | 2024 |
| Forecast Period | 2025-2034 |
| Key Segment | By Transport Type, Type, Propulsion Type and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your research requirements. |
(A free sample of the Water Transport report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Water Transport report has been modified to include the COVID-19 impact study prior to delivery.)
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CMI has comprehensively analyzed Global Water Transport market. The drivers, restraints, challenges, opportunities, and key trends have been explained in depth to depict the scenario of the Water Transport market. Segment-wise, the market size and market share for water transport during the forecast period are duly addressed to portray the probable picture of the global water transport industry.
The competitive landscape includes key innovators, market giants, and niche players, which are studied and analyzed extensively concerning their strengths, weaknesses, and value-addition prospects. In addition, the report covers Water Transport key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
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Key questions answered in this report:
- What is the size of the Water Transport market and what is its expected growth rate?
- What are the primary driving factors that push the Water Transport market forward?
- What are the Water Transport Industry’s top companies?
- What are the different categories that the Water Transport Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Water Transport market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2025−2034
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Water Transport Market: Regional Analysis
By Region, the global water transport market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and Latin America. Among these, the Asia Pacific region held the largest share in 2025 and is expected to keep its dominance during the forecast period.
This is driven by the region’s expanding business activities, strong industrial base and strategic geographic advantage. There is also considerable investment in the development of inland waterways. The increase in container shipping, along with the increasing demand for transporting bulk cargoes such as coal, oil and grains, is fuelling the water transport market expansion.
Moreover, sustainable practices such as adopting friendly transport technologies for the environment and integrating digital solutions for custom logistics are shaping the competition and supporting the region’s long-term growth in the maritime transport sector.
The European water transport market is showing remarkable growth, driven by increasing demand for sustainable and efficient travel options with water transport, including ferry river cruises and private boat service, offering an environmentally friendly alternative to traditional ground transport.
This is in line with increasing environmental concerns across the continent. Moreover, tourism is important in creating luxury demand for ferry services and private boat rentals, expanding the market. Government initiatives promoting sustainable maritime transport coupled with technological advancements in electric boats and digital booking platforms are set to boost market growth.
Emphasizing sustainability and innovation, the regional market addresses leisure and commercial needs. For instance, recently the UBER company has launched its “limo boat” that takes people around the Venetian lagoon in Venice, Italy, in Greece. “Uber boat” service to Athens, Corfu and Santorini as it expands, bringing tourists to beach clubs and more remote areas. Uber also plans to offer Seine River cruises in Paris.
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Browse the full “Water Transport Market Size, Trends and Insights By Transport Type (Freight Transport, Passenger Transport), By Type (Inland Water Transport, Deep Sea, Coastal, Great Lakes), By Propulsion Type (Diesel-powered, LNG-powered, Hybrid and Electric-powered, Others (Nuclear, Hydrogen)), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034“ Report at https://www.custommarketinsights.com/report/water-transport-market/
List of the prominent players in the Water Transport Market:
- P. Møller-Mærsk A/S
- American Commercial Barge Line Inc.
- Anglo-Eastern Ship Management Ltd.
- Cargill Incorporated
- China Ocean Shipping Company Limited
- CMA CGM S. A.
- COSCO Shipping Holdings Co. Ltd.
- Evergreen Marine Corp
- Flexport Inc.
- Freightos Ltd.
- Hapag-Lloyd AG
- Hyundai Merchant Marine Co.
- Ingram Barge Company Ltd.
- K-Line
- Kuehne + Nagel International AG.
- Mediterranean Shipping Company Ltd.
- MSC Mediterranean Shipping Company Inc.
- Nippon Yusen
- Wärtsilä Voyage Inc.
- Others
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- Maximum number of market tables and figures
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- Service guarantees are available.
- Personalized market brief by author.
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The Water Transport Market is segmented as follows:
By Transport Type
- Freight Transport
- Passenger Transport
By Type
- Inland Water Transport
- Deep Sea
- Coastal
- Great Lakes
By Propulsion Type
- Diesel-powered
- LNG-powered
- Hybrid and Electric-powered
- Others (Nuclear, Hydrogen)
Click Here to Get a Free Sample Report of the Global Water Transport Market @ https://www.custommarketinsights.com/report/water-transport-market/
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Water Transport Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Water Transport Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Water Transport Market? What Was the Capacity, Production Value, Cost and PROFIT of the Water Transport Market?
- What Is the Current Market Status of the Water Transport Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of Water Transport Market by Considering Applications and Types?
- What Are Projections of the Global Water Transport Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Water Transport Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Water Transport Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Water Transport Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Water Transport Industry?
Click Here to Access a Free Sample Report of the Global Water Transport Market @ https://www.custommarketinsights.com/report/water-transport-market/
Reasons to Purchase Water Transport Market Report
- Water Transport Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Water Transport Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Water Transport Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Water Transport Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Water Transport market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
Buy this Premium Water Transport Research Report | Fast Delivery Available – [220+ Pages] @ https://www.custommarketinsights.com/report/water-transport-market/
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Water Transport market analysis.
- The competitive environment of current and potential participants in the Water Transport market is covered in the report, as well as those companies’ strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Water Transport market should find this report useful. The research will be useful to all market participants in the Water Transport industry.
- Managers in the Water Transport sector are interested in publishing up-to-date and projected data about the worldwide Water Transport market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Water Transport products’ market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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