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Global Barge Transportation Market: By Type: Liquid Cargo, Gaseous Cargo, Dry Cargo; By Barge Fleet: Covered Barge, Open Barge, Tank Barge; By Application; By Barge Activities; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Barge Transportation Market Outlook
The global barge transportation market reached a value of around USD 130.9 billion in 2021. The market is further expected to grow at a CAGR of 3.50% in the forecast period of 2023-2028 to attain a value of about USD 160.7 billion by 2027.
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Heightened Demand for Dry Cargo Barge to Bolster the Barge Transportation Industry
Based on type, the dry cargo segment is predicted to hold a significant market share in the barge transportation industry. This growth can be attributed to the large share of dry cargo including goods and resources like sand, food grains, and coals, among others, hence surging the demand for barge transportation. Meanwhile, based on application, the crude and petroleum products segment is anticipated to account for a considerable market share. This can be attributed to the increased demand for petroleum products in various upstream and downstream sectors. Such factors are expected to contribute to the overall market growth in the forecast period.
North America to Facilitate Promising Growth Opportunities for the Barge Transportation Industry Growth
North America is estimated to hold a substantial share of the barge transportation industry in the forecast period. This growth can be attributed to the rising transportation and shipment of crude oil and the increased production of shale oil in the region. In addition, the rising government investments in the marine transportation sector is predicted to propel the market growth. The increased use of inland waterways for the transportation of agricultural goods are also expected to add to the industry growth. Furthermore, rapid technological advancements are anticipated to propel the market demand in the region, which is estimated to contribute to the overall market growth in the forecast period.
Barge Transportation: Market Segmentation
Barge transportation refers to a mode of transportation that utilises long flat-bottomed vessels to transport goods through water bodies like rivers and canals. It is typically used to transport grains, consumer goods, coal, and fuel, among others. Various types of barges such as dry bulk cargo, car float barges and liquid cargo barges, among others, are deployed for diverse applications during transportation. Barge transportation offers a cost-effective and environmentally friendly mode of waterway transportation.
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By type, the market is divided into:
- Liquid Cargo
- Gaseous Cargo
- Dry Cargo
On the basis of barge fleet, the market can be segregated into:
- Covered Barge
- Open Barge
- Tank Barge
Based on application, the industry can be segmented into:
- Crude and Petroleum Products
- Coal and Crude Petroleum Products
- Food Products, Beverages, and Tobacco
- Metal Ores and Fabricated Metal Products
- Chemicals, Rubber and Plastic, Nuclear Fuel
- Others
On the basis of barge activities, the market can be bifurcated into:
- Intracoastal Transportation
- Inland Water Transportation
The EMR report looks into the regional markets of barge transportation like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rapid Industrialisation to Drive the Global Market of Barge Transportation
The barge transportation industry is being driven by rapid industrialisation across the globe, which is increasing the demand for inland waterway shipping. The market growth can also be attributed to the increasing import and export activities, especially in the petrochemical and oil and gas industry. Furthermore, the rising investments in the marine transportation industry by various governments are projected to augment the industry growth in the forecast period.
With the growing demand for consumer goods such as packaged goods, especially among the working population with improved purchasing power, the market for barge transportation is anticipated to witness a healthy growth. Moreover, the increased demand for cost-effective transportation is projected to propel the market growth of barge transportation. As barge transportation is a sustainable mode of transportation, it is increasingly preferred due to the growing environmental consciousness, which is projected to further bolster the industry growth in the coming years.
Key Industry Players in the Global Barge Transportation Market
The report gives a detailed analysis of the following key players in the global barge transportation market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Campbell Transportation Company, Inc.
- Alter Logistics
- American Commercial Lines LLC
- Heartland Barge
- Kirby Corporation
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Barge Fleet, Application, Barge Activities, Region |
| Breakup by Type | Liquid Cargo, Gaseous Cargo, Dry Cargo |
| Breakup by Barge Fleet | Covered Barge, Open Barge, Tank Barge |
| Breakup by Application | Crude and Petroleum Products, Coal and Crude Petroleum Products, Food Products, Beverages, and Tobacco, Metal Ores and Fabricated Metal Products, Chemicals, Rubber and Plastic, Nuclear Fuel, Others |
| Breakup by Barge Activities | Intracoastal Transportation, Inland Water Transportation |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Campbell Transportation Company, Inc, Alter Logistics, American Commercial Lines LLC, Heartland Barge, Kirby Corporation, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Barge Transportation Market Analysis
8.1 Key Industry Highlights
8.2 Global Barge Transportation Historical Market (2018-2022)
8.3 Global Barge Transportation Market Forecast (2023-2028)
8.4 Global Barge Transportation Market by Type
8.4.1 Liquid Cargo
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Gaseous Cargo
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Dry Cargo
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Barge Transportation Market by Barge Fleet
8.5.1 Covered Barge
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Open Barge
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Tank Barge
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global Barge Transportation Market by Application
8.6.1 Crude and Petroleum Products
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Coal and Crude Petroleum Products
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Food Products, Beverages, and Tobacco
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Metal Ores and Fabricated Metal Products
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Chemicals, Rubber and Plastic, Nuclear Fuel
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
8.6.6 Others
8.7 Global Barge Transportation Market by Barge Activities
8.7.1 Intracoastal Transportation
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Inland Water Transportation
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.8 Global Barge Transportation Market by Region
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America Barge Transportation Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Barge Transportation Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Barge Transportation Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Barge Transportation Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Barge Transportation Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Campbell Transportation Company, Inc
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Alter Logistics
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 American Commercial Lines LLC
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Heartland Barge
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Kirby Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Barge Transportation Market: Key Industry Highlights, 2018 and 2028
2. Global Barge Transportation Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Barge Transportation Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Barge Transportation Historical Market: Breakup by Barge Fleet (USD Billion), 2018-2022
5. Global Barge Transportation Market Forecast: Breakup by Barge Fleet (USD Billion), 2023-2028
6. Global Barge Transportation Historical Market: Breakup by Application (USD Billion), 2018-2022
7. Global Barge Transportation Market Forecast: Breakup by Application (USD Billion), 2023-2028
8. Global Barge Transportation Historical Market: Breakup by Barge Activities (USD Billion), 2018-2022
9. Global Barge Transportation Market Forecast: Breakup by Barge Activities (USD Billion), 2023-2028
10. Global Barge Transportation Historical Market: Breakup by Region (USD Billion), 2018-2022
11. Global Barge Transportation Market Forecast: Breakup by Region (USD Billion), 2023-2028
12. North America Barge Transportation Historical Market: Breakup by Country (USD Billion), 2018-2022
13. North America Barge Transportation Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Europe Barge Transportation Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Europe Barge Transportation Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Asia Pacific Barge Transportation Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Asia Pacific Barge Transportation Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Latin America Barge Transportation Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Latin America Barge Transportation Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Middle East and Africa Barge Transportation Historical Market: Breakup by Country (USD Billion), 2018-2022
21. Middle East and Africa Barge Transportation Market Forecast: Breakup by Country (USD Billion), 2023-2028
22. Global Barge Transportation Market Structure
Key Questions Answered in the Report
In 2021, the global barge transportation market attained a value of nearly USD 130.9 billion.
The market is projected to grow at a CAGR of 3.5% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach a value of about USD 160.7 billion by 2027.
The major drivers of the industry, such as the increased demand for consumer goods, rapid technological advancements, and increasing demand for barge transportation in the petrochemical industry, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the heightened expenditure by the governments in the marine transportation industry and the rising investments in the R&D of barge transportation by the leading manufacturers.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant types include liquid cargo, gaseous cargo, and dry cargo.
The significant barge fleets include covered barge, open barge, and tank barge.
The major applications include crude and petroleum products, coal and crude petroleum products, food products, beverages, and tobacco, metal ores and fabricated metal products, chemicals, rubber and plastic, nuclear fuel, among others.
The significant barge activities include intracoastal transportation and inland water transportation.
The major players in the industry are Campbell Transportation Company, Inc., Alter Logistics, American Commercial Lines LLC, Heartland Barge, and Kirby Corporation, among others.
Analyst Review
The global barge transportation market attained a value of about USD 130.9 billion in 2021, driven by increased expenditure in the marine transportation industry. Aided by the rapid industrialisation, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 3.5%. The market is projected to reach around USD 160.7 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By types, the market can be distributed into liquid cargo, gaseous cargo and dry cargo. On the basis of barge fleet, the industry can be segmented into covered barge, open barge and tank barge. Based on applications, the market can be categorised into crude and petroleum products, coal and crude petroleum products, food products, beverages, and tobacco, metal ores and fabricated metal products, chemicals, rubber and plastic, nuclear fuel, among others. On the basis of barge activities, the industry can be segregated into intracoastal transportation and inland water transportation. The major regional markets for barge transportation are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Campbell Transportation Company, Inc., Alter Logistics, American Commercial Lines LLC, Heartland Barge, and Kirby Corporation, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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