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Barge Transportation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global barge transportation market reached a value of US$ 122 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 149.6 Billion by 2027, exhibiting a CAGR of 3.42% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

A barge is a long boat with a flat bottom that is used for transporting passengers and heavy goods through rivers, canals, and lakes. It is widely preferred over heavy freight shipping as it is economical and environment-friendly and can be easily employed for transporting bulk commodities, such as grains, coal, and petroleum. At present, the significant growth in the international trade of chemicals, minerals, petroleum, agricultural, electronic, pharmaceutical, and food products is positively influencing the demand for barge transportation around the world.

 

 
 

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Barge Transportation Market Trends:

In confluence with the increasing offshore production of oil and gas, rapid industrialization acts as a major growth-inducing factor catalyzing the demand for barge transportation. Moreover, the rising consumption of packaged food products on account of hectic lifestyles, the escalating demand for medical supplies, and the thriving agriculture industry are also bolstering the market growth. Apart from this, governing authorities of numerous countries are increasingly investing in improving infrastructure for inland waterways, which is contributing to the market growth. Additionally, several leading companies are offering distinct facilities, such as infrastructure, warehouses, refueling, and intermodal shipment. These companies are also emphasizing on mergers and acquisitions (M&A), collaborations, and partnerships with other companies to upgrade existing designs, develop innovative products and expand their existing reach in the market. This, along with the growing adoption of the internet of things (IoT), is anticipated to increase the utilization of barge transportation in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global barge transportation market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type of cargo, barge fleet, application and activities.

Breakup by Type of Cargo:

 

 
 

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  • Dry Cargo
  • Liquid Cargo
  • Gaseous Cargo
     

Breakup by Barge Fleet:

  • Open Barge
  • Covered Barge
  • Tank Barge
     

Breakup by Application:

  • Coal and Crude Petroleum Products
  • Agricultural Products
  • Coke and Refined Petroleum Products
  • Metal Ores and Fabricated Metal Products
  • Chemicals, Rubber and Plastic, Nuclear Fuel
  • Food Products, Beverages, and Tobacco
  • Others
     

Breakup by Activities:

  • Intracoastal Transportation
  • Inland Water Transportation
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Alter Logistics (Goldstein Group Inc.), American Commercial Barge Line (American Commercial Lines Inc), Anderson Trucking Service Inc, Bouchard Transportation Co. Inc., Campbell Transportation Company Inc (Blue Danube Incorporated), Heartland Barge Management LLC, Ingram Marine Group, Kirby Corporation, McAllister Towing and Transportation Co. Inc., PACC Offshore Services Holdings Ltd., Poh Tiong Choon Logistics Ltd. and SEACOR Marine Holdings Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type of Cargo, Barge Fleet, Application, Activities, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Alter Logistics (Goldstein Group Inc.), American Commercial Barge Line (American Commercial Lines Inc), Anderson Trucking Service Inc, Bouchard Transportation Co. Inc., Campbell Transportation Company Inc (Blue Danube Incorporated), Heartland Barge Management LLC, Ingram Marine Group, Kirby Corporation, McAllister Towing and Transportation Co. Inc., PACC Offshore Services Holdings Ltd., Poh Tiong Choon Logistics Ltd. and SEACOR Marine Holdings Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Barge Transportation Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Type of Cargo
    6.1    Dry Cargo
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Liquid Cargo
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Gaseous Cargo
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Barge Fleet
    7.1    Open Barge
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Covered Barge
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Tank Barge
        7.3.1 Market Trends
        7.3.2 Market Forecast
8   Market Breakup by Application
    8.1    Coal and Crude Petroleum Products
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Agricultural Products
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Coke and Refined Petroleum Products
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Metal Ores and Fabricated Metal Products
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Chemicals, Rubber and Plastic, Nuclear Fuel
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Food Products, Beverages, and Tobacco
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7    Others
        8.7.1 Market Trends
        8.7.2 Market Forecast
9   Market Breakup by Activities
    9.1    Intracoastal Transportation
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Inland Water Transportation
        9.2.1 Market Trends
        9.2.2 Market Forecast
10  Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Price Analysis
15  Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Alter Logistics (Goldstein Group Inc.)
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    American Commercial Barge Line (American Commercial Lines Inc)
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    Anderson Trucking Service Inc
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    Bouchard Transportation Co. Inc.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
        15.3.5    Campbell Transportation Company Inc (Blue Danube Incorporated)
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    Heartland Barge Management LLC
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Ingram Marine Group
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Kirby Corporation
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    McAllister Towing and Transportation Co. Inc.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
        15.3.10    PACC Offshore Services Holdings Ltd.
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
        15.3.11    Poh Tiong Choon Logistics Ltd.
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
        15.3.12    SEACOR Marine Holdings Inc.
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 Financials

List of Figures

Figure 1: Global: Barge Transportation Market: Major Drivers and Challenges
Figure 2: Global: Barge Transportation Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Barge Transportation Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Barge Transportation Market: Breakup by Type of Cargo (in %), 2021
Figure 5: Global: Barge Transportation Market: Breakup by Barge Fleet (in %), 2021
Figure 6: Global: Barge Transportation Market: Breakup by Application (in %), 2021
Figure 7: Global: Barge Transportation Market: Breakup by Activities (in %), 2021
Figure 8: Global: Barge Transportation Market: Breakup by Region (in %), 2021
Figure 9: Global: Barge Transportation (Dry Cargo) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Barge Transportation (Dry Cargo) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Barge Transportation (Liquid Cargo) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Barge Transportation (Liquid Cargo) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Barge Transportation (Gaseous Cargo) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Barge Transportation (Gaseous Cargo) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Barge Transportation (Open Barge) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Barge Transportation (Open Barge) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Barge Transportation (Covered Barge) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Barge Transportation (Covered Barge) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Barge Transportation (Tank Barge) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Barge Transportation (Tank Barge) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Barge Transportation (Coal and Crude Petroleum Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Barge Transportation (Coal and Crude Petroleum Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Barge Transportation (Agricultural Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Barge Transportation (Agricultural Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Barge Transportation (Coke and Refined Petroleum Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Barge Transportation (Coke and Refined Petroleum Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Barge Transportation (Metal Ores and Fabricated Metal Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Barge Transportation (Metal Ores and Fabricated Metal Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Barge Transportation (Chemicals, Rubber and Plastic, Nuclear Fuel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Barge Transportation (Chemicals, Rubber and Plastic, Nuclear Fuel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Barge Transportation (Food Products, Beverages, and Tobacco) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Barge Transportation (Food Products, Beverages, and Tobacco) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Barge Transportation (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Barge Transportation (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Barge Transportation (Intracoastal Transportation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Barge Transportation (Intracoastal Transportation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Barge Transportation (Inland Water Transportation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Barge Transportation (Inland Water Transportation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: North America: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: North America: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: United States: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: United States: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Canada: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Canada: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Asia-Pacific: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Asia-Pacific: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: China: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: China: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Japan: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Japan: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: India: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: India: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: South Korea: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: South Korea: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Australia: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Australia: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Indonesia: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Indonesia: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Others: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Others: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Europe: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Europe: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Germany: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Germany: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: France: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: France: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: United Kingdom: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: United Kingdom: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Italy: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Italy: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Spain: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Spain: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Russia: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Russia: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Others: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Others: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Latin America: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Latin America: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Brazil: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Brazil: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Mexico: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Mexico: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Others: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Others: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Middle East and Africa: Barge Transportation Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Middle East and Africa: Barge Transportation Market: Breakup by Country (in %), 2021
Figure 87: Middle East and Africa: Barge Transportation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Global: Barge Transportation Industry: SWOT Analysis
Figure 89: Global: Barge Transportation Industry: Value Chain Analysis
Figure 90: Global: Barge Transportation Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Barge Transportation Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Barge Transportation Market Forecast: Breakup by Type of Cargo (in Million US$), 2022-2027
Table 3: Global: Barge Transportation Market Forecast: Breakup by Barge Fleet (in Million US$), 2022-2027
Table 4: Global: Barge Transportation Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Barge Transportation Market Forecast: Breakup by Activities (in Million US$), 2022-2027
Table 6: Global: Barge Transportation Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Barge Transportation Market: Competitive Structure
Table 8: Global: Barge Transportation Market: Key Players


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Key Questions Answered in This Report

The global barge transportation market was valued at US$ 122 Billion in 2021.

We expect the global barge transportation market to exhibit a CAGR of 3.42% during 2022-2027.

The rising demand for barge transportation for transporting bulk commodities, such as grains, coal,
petroleum, etc., is primarily driving the global barge transportation market.

The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of barge
transportation services across several nations to transport essential items and medical aids, such as
medicine and PPE kits.

Based on the type of cargo, the global barge transportation market has been segmented into dry cargo,
liquid cargo, and gaseous cargo. Among these, dry cargo holds the majority of the total market share.

Based on the barge fleet, the global barge transportation market can be divided into open barge,
covered barge, and tank barge. Currently, tank barge exhibits a clear dominance in the market.

Based on the application, the global barge transportation market has been categorized into coal and
crude petroleum products, agricultural products, coke and refined petroleum products, metal ores and
fabricated metal products, chemicals, rubber and plastic, nuclear fuel, food products, beverages, and
tobacco, and others. Among these, coal and crude petroleum products currently account for the
majority of the global market share.

Based on the activities, the global barge transportation market can be segregated into intracoastal
transportation and inland water transportation. Currently, inland water transportation holds the largest
market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where Europe currently dominates the global market.

Some of the major players in the global barge transportation market include Alter Logistics (Goldstein
Group Inc.), American Commercial Barge Line (American Commercial Lines Inc), Anderson Trucking
Service Inc, Bouchard Transportation Co. Inc., Campbell Transportation Company Inc (Blue Danube
Incorporated), Heartland Barge Management LLC, Ingram Marine Group, Kirby Corporation, McAllister
Towing and Transportation Co. Inc., PACC Offshore Services Holdings Ltd., Poh Tiong Choon Logistics
Ltd., and SEACOR Marine Holdings Inc.

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