Inland Water Freight Transport Global Market Report 2022 – By Type Of Transportation (Liquid Bulk Transportation, Dry Bulk Transportation), By Fuel (Heavy Fuel Oil, Diesel, Biofuel, Other Fuels), By Vessel Type (Cargo Ships, Container Ships, Tankers, Other Vessel Types) – Market Size, Trends, And Global Forecast 2022-2026

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The inland water freight transport market consists of sales of inland water freight transportation services and related goods by entities (organizations, sole traders, and partnerships) that provide inland water transportation of cargo on lakes, rivers, or intra-coastal waterways. Only goods and services traded between entities or sold to end consumers are included.

The main types of transportation in the inland water freight transport market are liquid bulk transportation and dry bulk transportation. Dry bulk transportation involves the shipment of dry raw materials in large unpackaged parcels. It is also segmented by fuel into heavy fuel oil, diesel, biofuel, and others and by vessel type into cargo ships, container ships, tankers, and others.

The global inland water freight transport market size is expected to grow from $15.91 billion in 2021 to $16.71 billion in 2022 at a compound annual growth rate (CAGR) of 5.0%. The inland water freight transportation market is then expected to grow to $19.34 billion in 2026 at a CAGR of 3.7%.

The need for economical transportation for cargo has been the main driving factor for the inland water freight transport market. Water freight is usually considered inexpensive and economical for heavier cargo because of the difference in fare charging in comparison to other modes of transport. In water transport, the rate is often calculated by the cubic meter of the standard container and on other hand in air transport, the chargeable weight is calculated by a combination of size and weight of cargo. According to the U.S. Department of Transportation, goods worth approximately $736 billion were shipped through ocean vessels in 2000 and by 2020, the international trade is expected to be double within the US, with the majority of the trade is expected to move via ocean shipping. According to the World Bank, which is the major financer in India's National Waterway Project, the cost for transporting one ton of freight over 100 km through roadways is around $3.07, through railways is around $1.93 and through waterways is around $1.62 and this makes waterways the economical way of transporting cargo in India.

Volatility in the crude oil price is impacting the water transport and therefore it is expected to restrain the market for inland water freight transport during the period. According to the United Nations Conference on Trade and Development, fuel oil is a major source powering the global economy and supplies 95% of the energy used in world transport. Water transport carries over 80% of global merchandise trade by volume and is highly dependent on oil. As the cost of oil rises, the carriers are forced to raise prices or bear losses. Usually, the receiver is charged more to make up for added costs. Higher fuel costs cause product inflation and affect every aspect of product transportation. When fuel prices fall, the consumer receives goods at a low price and logistic companies use the saved money to improve their operations. An increase or decrease in fuel price affects the operations cost directly. For instance, according to US energy information administration data, crude oil prices rose during the year 2021, with Brent crude oil spot prices averaging $71/b for the year compared with $42/b in 2020., thus increasing the operating costs of water transport and hindering the inland water freight transport market growth.

The development of information technology platforms for better vessel management is an emerging trend in the inland water freight transport market. According to the United Nations Conference on Trade and Development (UNCTAD) in 2019, about 80% of global trade by volume was carried by waterways with a fleet of 95402 ships. Information technology on ships is used for fuel optimization and monitoring vessel performance, recognizing scanned copies and photos of documents, customer relationship management, warehouse management, and Que management system. Few significant online apps and portals used for operations management on the ship are - BunkerEx, an online portal for ship owners helping in finding optimal bunker port; Nautilus Labs, which takes data from sensors, manual reports, and market information to get a unified fleet intelligence picture; and Radiantfleet, with its software, helps in digitizing workflows, cut cost and improve budgeting. Therefore, the combination of digital and physical connectivity helps carriers and seaports to integrate their processes with shippers and track devices for containers and cargo.

In April 2020, Kirby Corporation, a USA-based waterway transport company acquired Savage Inland Marin’s inland barge fleet for $278 million. With this acquisition, Kirby Corporation will be enabled to provide better service to customers’ fleeting needs with young and well-maintained vessels. Savage Inland Marine is a USA-based company operating in inland water freight transport.

Major players in the inland water freight transport market are American Commercial Barge Line, Ingram Barge, Kirby Inland Marine, American River Transportation, CMA CGM Group, McKeil Marine Limited, AP Moller - Maersk A/S, Rhenus Group, and Imperial Logistics International.

Western Europe was the largest region in the inland water freight transport market in 2021. Asia Pacific was the second largest region in the inland water freight transportation market. The regions covered in the inland water freight market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the inland water freight transport market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The global inland water freight transport market is segmented -

1) By Type of Transportation: Liquid Bulk Transportation, Dry Bulk Transportation

2) By Fuel: Heavy Fuel Oil, Diesel, Biofuel, Others

3) By Vessel Type: Cargo Ships, Container Ships, Tankers, Others

    Table Of Contents

    1. Executive Summary

    2. Inland Water Freight Transport Market Characteristics

    3. Inland Water Freight Transport Market Trends And Strategies

    4. Impact Of COVID-19 On Inland Water Freight Transport

    5. Inland Water Freight Transport Market Size And Growth

    5.1. Global Inland Water Freight Transport Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Inland Water Freight Transport Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Inland Water Freight Transport Market Segmentation

    6.1. Global Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Liquid Bulk Transportation

    Dry Bulk Transportation

    6.2. Global Inland Water Freight Transport Market, Segmentation By Fuel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Heavy Fuel Oil

    Diesel

    Biofuel

    Other Fuels

    6.3. Global Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Cargo Ships

    Container Ships

    Tankers

    Other Vessel Types

    7. Inland Water Freight Transport Market Regional And Country Analysis

    7.1. Global Inland Water Freight Transport Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Inland Water Freight Transport Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Inland Water Freight Transport Market

    8.1. Asia-Pacific Inland Water Freight Transport Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8.3. Asia-Pacific Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Inland Water Freight Transport Market

    9.1. China Inland Water Freight Transport Market Overview

    9.2. China Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    9.3. China Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Inland Water Freight Transport Market

    10.1. India Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    10.2. India Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Inland Water Freight Transport Market

    11.1. Japan Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11.2. Japan Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Inland Water Freight Transport Market

    12.1. Australia Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12.2. Australia Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Inland Water Freight Transport Market

    13.1. Indonesia Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13.2. Indonesia Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Inland Water Freight Transport Market

    14.1. South Korea Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14.2. South Korea Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Inland Water Freight Transport Market

    15.1. Western Europe Inland Water Freight Transport Market Overview

    15.2. Western Europe Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15.3. Western Europe Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Inland Water Freight Transport Market

    16.1. UK Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16.2. UK Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Inland Water Freight Transport Market

    17.1. Germany Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17.2. Germany Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Inland Water Freight Transport Market

    18.4. France Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18.5. France Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Inland Water Freight Transport Market

    19.1. Eastern Europe Inland Water Freight Transport Market Overview

    19.2. Eastern Europe Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19.3. Eastern Europe Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Inland Water Freight Transport Market

    20.1. Russia Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20.2. Russia Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Inland Water Freight Transport Market

    21.1. North America Inland Water Freight Transport Market Overview

    21.2. North America Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21.3. North America Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Inland Water Freight Transport Market

    22.1. USA Inland Water Freight Transport Market Overview

    22.2. USA Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22.3. USA Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Inland Water Freight Transport Market

    23.1. South America Inland Water Freight Transport Market Overview

    23.2. South America Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23.3. South America Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Inland Water Freight Transport Market

    24.1. Brazil Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24.2. Brazil Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Inland Water Freight Transport Market

    25.1. Middle East Inland Water Freight Transport Market Overview

    25.2. Middle East Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25.3. Middle East Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Inland Water Freight Transport Market

    26.1. Africa Inland Water Freight Transport Market Overview

    26.2. Africa Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26.3. Africa Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Inland Water Freight Transport Market Competitive Landscape And Company Profiles

    27.1. Inland Water Freight Transport Market Competitive Landscape

    27.2. Inland Water Freight Transport Market Company Profiles

    27.2.1. American Commercial Barge Line

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Ingram Barge

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Kirby Inland Marine

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. American River Transportation

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. CMA CGM Group

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Inland Water Freight Transport Market

    29. Inland Water Freight Transport Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Inland Water Freight Transport Market, Segmentation By Fuel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Inland Water Freight Transport Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Inland Water Freight Transport Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: Asia-Pacific, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: China, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: China, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: India, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: India, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: Japan, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Japan, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: Australia, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Australia, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: Indonesia, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Indonesia, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: South Korea, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: South Korea, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: Western Europe, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: Western Europe, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: UK, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: UK, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Germany, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Germany, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 28: France, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 29: France, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 30: Eastern Europe, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 31: Eastern Europe, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 32: Russia, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 33: Russia, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 34: North America, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 35: North America, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 36: USA, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 37: USA, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 38: South America, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 39: South America, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 40: Brazil, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 41: Brazil, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 42: Middle East, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 43: Middle East, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 44: Africa, Inland Water Freight Transport Market, Segmentation By Type Of Transportation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 45: Africa, Inland Water Freight Transport Market, Segmentation By Vessel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 46: American Commercial Barge Line Financial Performance
  • Table 47: Ingram Barge Financial Performance
  • Table 48: Kirby Inland Marine Financial Performance
  • Table 49: American River Transportation Financial Performance
  • Table 50: CMA CGM Group Financial Performance

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