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Asia Pacific Container Transshipment Market Share

Report ID: GMI11994
Published Date: Oct 2024
Report Format: PDF

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Asia Pacific Container Transshipment Market Share

Asia Pacific Container Transshipment Company Market Share, 2023

PSA, APM Terminals, Hutchison Ports, DP World, COSCO, Shanghai International Port, and China Merchants Port collectively held a significant market share of 35% in the Asia Pacific container transshipment industry in 2023. PSA International is staying competitive by continually investing in cutting-edge technologies, including automation and AI-driven solutions, to enhance the operational efficiency of its ports.

The ongoing expansion of Singapore's Tuas Mega Port and PSA’s focus on digitalization ensure its dominance in the transshipment market. With a strong global network and an emphasis on sustainability initiatives, PSA is positioned to remain a leader in Asia Pacific container transshipment by adapting to industry trends and meeting evolving customer demands.

China Merchants Port (CMPort) is leveraging its extensive port network and strategic investments in key transshipment hubs to stay competitive. CMPort’s expansion into Southeast Asia, along with significant investments in automation and smart port technologies, enhances its ability to handle increasing container volumes. By focusing on sustainable port operations and strengthening global connectivity through partnerships, CMPort ensures its leading position in the market, offering efficient and innovative solutions to global shipping lines.

Asia Pacific Container Transshipment Market Companies

Major players operating in the Asia Pacific container transshipment industry are:

APM Terminals
CMA CGM
COSCO Shipping Ports
DP World
Eurogate
Hamburger Hafen und Logistik
Hutchison Ports
MSC
PSA International
Terminal Investment Limited

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for container transshipment in Asia Pacific reached USD 9.4 billion in 2023 and is set to grow at a 3.3% CAGR from 2024 to 2032, driven by strategic port infrastructure development.

The large containers segment accounted for USD 6 billion in 2023, due to rising global trade volumes and the need for economies of scale.

Industrial products held 34% of the market share in 2023, led by steady growth in global manufacturing output.

Singapore market captured 53% of the market share in 2023, propelled by its strategic location and top-tier port infrastructure.

Major players include APM Terminals, CMA CGM, COSCO Shipping Ports, DP World, Eurogate, Hamburger Hafen und Logistik, Hutchison Ports, MSC, PSA International, and Terminal Investment Limited.