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Dry Bulk Shipping Market 2025: Detailed Insights into Market Size and Future Growth

30 Apr, 2025

The Dry Bulk Shipping Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.

What are the Historical Growth Trends in the Dry Bulk Shipping Market?

The Dry Bulk Shipping Global Market has experienced significant growth recently. The market size is anticipated to increase from $11.36 billion in 2024 to $12.16 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 7.0%.

What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Dry Bulk Shipping Industry?

The Dry Bulk Shipping Global Market is predicted to reach a value of $15.79 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 6.8%.

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What are the Key Growth Drivers Fueling the Dry Bulk Shipping Market?

The key drivers in the dry bulk shipping market are:

• Growing demand for energy resources
• Rising demand for clean energy
• Increasing investment in port infrastructure
• Increased focus on sustainable practices

Global Market Segmentation: Identifying Major Dry Bulk Shipping Industry Segments

The dry bulk shipping market covered in this report is segmented –
1) By Type: Capesize, Panamax, Supramax, Handysize
2) By Design: Gearless Bulk Carriers, Conventional Bulkers, Combined Bulk Carriers, Self-Dischargers, Bulker Lakers
3) By Application: Iron Ore, Coal, Grains, Bauxite Or Alumina, Phosphate Rock Subsegments:
1) By Capesize: Iron Ore Transport, Coal Transport, Bauxite And Alumina Transport, Grain Transport, Other Bulk Commodities
2) By Panamax: Coal Transport, Grain Transport, Fertilizers Transport, Minor Bulk Transport, Other Dry Bulk Cargo
3) By Supramax: Agricultural Products Transport, Cement and Clinker Transport, Fertilizers Transport, Steel Products Transport, Other General Bulk Cargo
4) By Handysize: Grain And Agricultural Commodities Transport, Steel And Scrap Metal Transport, Fertilizers Transport, Forest Products Transport, Other Minor Bulk Cargo

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What are the emerging Trends Shaping the Future of the Dry Bulk Shipping Market?

The key trends in the dry bulk shipping market are:

• Advancements in shipping methods are a notable emerging trend.
• The digitalization of shipping processes is increasingly influencing the future of the market.
• The adoption of environmentally-friendly technologies is becoming a significant trend.
• Automation in shipping and digital tracking with data analytics are upcoming impactful trends.

Who Are the Top Competitors & Leading Players in the Dry Bulk Shipping Market?

Major players in the dry bulk shipping market are:

• COSCO Shipping Bulk Co. Ltd.
• Mitsui O.S.K. Lines (MOL)
• Oldendorff Carriers GmbH & Co. KG
• Pan Ocean Co. Ltd.
• Pacific Basin Shipping Limited
• Western Bulk Carriers AS
• Star Bulk Carriers Corp.
• Golden Ocean Group Limited
• Genco Shipping & Trading Limited
• Safe Bulkers Inc.
• Diana Shipping Inc.
• Navios Maritime Partners L.P.
• Fednav Limited
• Seanergy Maritime Holdings Corp.
• EuroDry Ltd.
• Globus Maritime Limited
• Ultrabulk A/S
• Berge Bulk
• Polaris Shipping
• Belships ASA

Regional Dominance: Which Area Leads the Global Template Market?

North America was the largest region in the dry bulk shipping market in 2024