Europe Container Transshipment Market Size - By Size, By End-Use, By Port, By Container, Analysis, Share, Growth Forecast, 2024 - 2032

Europe Container Transshipment Market Size

The Europe container transshipment market size was valued at USD 2.7 billion in 2023 and is projected to grow at a CAGR of 2.8% between 2024 and 2032, due to significant investments in port infrastructure expansion and modernization. Rising global trade volumes between Asia and Europe necessitate the expansion of container handling capacity at key ports.
 

Digitalization, automation, and AI integration in port operations are enhancing efficiency, while investments in sustainable technologies such as electric and hybrid port machinery are reducing environmental impact. These advancements are creating new opportunities for market participants to meet increasing demand for container transshipment services.
 

In July 2024, the Port of Koper launched the public procurement process for the northern extension of Pier I. This USD 107 million investment will fund the construction of 326 meters of quayside, 7 hectares of stacking and handling areas, as well as dredging and essential power infrastructure. The quay extension will feature a reinforced concrete frame supported by transverse, longitudinal, and rail girders anchored to piles. A concrete slab will be placed over the girders, equipped with crane rails for ship-to-shore (STS) cranes with a 30-meter rail gauge.
 

The strategic development of multimodal transport solutions is another compelling growth driver for the Europe Container Transshipment Market. As logistics networks evolve, integrating various transport modes such as rail, road, and maritime, which allows for more flexible and efficient cargo movement. This interconnected approach reduces transit times and costs, catering to the needs of modern supply chains that demand rapid deliveries.
 

European ports are enhancing their intermodal facilities to facilitate seamless transitions between transport modes, driving higher throughput and operational efficiency. By embracing multimodal strategies, ports can better serve the growing demand for fast and reliable logistics services across the continent.
 

Europe Container Transshipment Market Trends

The Europe container transshipment industry is set for expansion as robust investments in port infrastructure catalyze improvements in capacity and operational efficiency. Enhanced facilities, such as specialized terminals for oversized and complex cargo, enable ports to better meet the evolving demands of global trade. This strategic focus on upgrading logistics capabilities not only streamlines operations but also bolsters Europe’s competitive edge as a key transit hub, ensuring it can accommodate increasing shipping volumes and foster economic growth in the region.
 

For instance, in May 2024, Dubai-based ports and logistics giant DP World announced an investment of USD 141 million across three distinct projects in Romania. In the Port of Constanta, the largest container port on the Black Sea, DP World has allocated approximately USD 70 million to establish two new facilities: a 5-hectare project cargo terminal designed for heavy, oversized, and complex cargo, and a new RORO terminal, which will eventually handle up to 80,000 vehicles annually at peak capacity. Additionally, approximately USD 54 million has been earmarked for a new multi-transport platform in Constanta, expected to launch in 2025.
 

The expansion of cold chain logistics to cater to perishable goods and temperature-sensitive products is providing significant market opportunities for container transshipment. With the growing demand for fresh produce, pharmaceuticals, and other temperature-controlled items, ports are enhancing their facilities to support cold storage and specialized handling. This trend not only increases the volume of goods that can be transshipped but also improves the overall efficiency of supply chains. As consumer preferences shift towards fresh and high-quality products, the emphasis on cold chain logistics is expected to drive further growth in the market.
 

Europe Container Transshipment Market Analysis

Based on size, the market is segmented into small containers and large containers. In 2023, the large containers segment accounted for USD 1.8 billion and is expected to grow significantly over the forecast time frame. Large containers, particularly 40-foot units, are gaining traction in the market due to their efficiency in transporting bulk goods. These containers maximize cargo space, allowing for the consolidation of shipments and reduction of per-unit shipping costs.
 

The rising demand for larger shipments driven by e-commerce and global trade is further propelling this trend. Additionally, advancements in container design and handling technology are facilitating the movement of these larger units through ports, enhancing throughput and operational efficiency. As businesses increasingly seek cost-effective and efficient logistics solutions, the popularity of 40-foot containers is set to rise.
 

Based on the end use, the Europe container transshipment market is divided into food & beverages, consumer goods, healthcare, industrial products, oil & gas, chemicals and others. The industrial products held 32% of the market share in 2023. The industrial products segment is experiencing significant growth within the market, driven by increasing demand from various sectors, including manufacturing, construction, and energy.
 

The resurgence of European manufacturing, coupled with the expansion of industries such as automotive and machinery, is fueling the need for efficient transportation of industrial goods. Additionally, the rise of just-in-time inventory practices necessitates reliable and timely logistics services, further enhancing demand for container transshipment. Ports are adapting to these needs by optimizing facilities and services for industrial products, ensuring they remain competitive in catering to this vital segment of the market.
 

Netherlands container transshipment market accounted for 22% of the revenue share in 2023, due to its strategic geographic location as a gateway to Europe. The Port of Rotterdam, one of the largest ports globally, serves as a crucial logistics hub, facilitating the seamless flow of goods across Europe and beyond. The country's robust infrastructure, including extensive road and rail networks, enables efficient distribution to inland markets.
 

Furthermore, continuous investments in port modernization and automation are enhancing operational efficiency, attracting global shipping lines. The Netherlands' commitment to sustainable logistics practices further positions it as a preferred destination for container transshipment.
 

Spain market is driven by its expanding ports and improved logistics capabilities. Major ports such as Barcelona and Valencia are investing heavily in infrastructure upgrades, including automated handling systems and enhanced connectivity to road and rail networks. This development fosters greater efficiency and capacity to accommodate rising shipping volumes. Additionally, Spain's strategic position along key maritime routes enhances its appeal for global shipping lines. The growth of sectors such as automotive and agriculture further drives demand for container transshipment services, positioning Spain as a vital logistics hub in Southern Europe.
 

Europe Container Transshipment Market Share

PSA International, APM Terminals, Hutchison Ports, DP World, CMA CGM, COSCO Shipping Ports, and Eurogate collectively held a significant market share of 19% in the Europe container transshipment industry in 2023. PSA International maintains its competitive edge in the Europe container transshipment market through strategic partnerships and ongoing investments in port infrastructure.
 

The company focuses on enhancing operational efficiency by implementing advanced automation technologies and digitized logistics solutions. By fostering collaboration with shipping lines and logistics providers, PSA International streamlines processes and improves service delivery. Additionally, their commitment to sustainability and environmentally friendly practices resonates well with modern shipping demands, further solidifying their position as a leading player in the competitive landscape of European container transshipment.
 

Eurogate remains competitive in the Europe container transshipment market by emphasizing flexibility and customer-oriented services. The company continuously invests in expanding and modernizing its terminal facilities to handle larger volumes and accommodate diverse cargo types. By adopting innovative technologies, including automated systems and real-time tracking solutions, Eurogate enhances operational efficiency and reduces turnaround times. Their strategic location across key ports in Germany and Italy enables them to serve a wide range of shipping routes, ensuring they remain a preferred choice for international shipping lines seeking reliable transshipment services.
 

Europe Container Transshipment Market Companies

Major players operating in the Europe container transshipment industry are:

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

Europe Container Transshipment Industry News

• In August 2024, Liebherr Maritime Cranes delivered four Ship-to-Shore (STS) cranes to Marport, Turkey’s third-largest container terminal. Located on the European side of the Bosphorus, around 20 km from Istanbul within the Ambarl? Port Facility, the terminal boasts a handling capacity of 2.3 million TEU.
   
• In January 2023, SANY introduced its range of electric-powered port machinery to the European market, with deliveries scheduled for the first half of the year. Alongside fully electric machines, SANY also unveiled a hybrid reach stacker. This equipment combines a combustion engine with a simple hydro-pneumatic drive, which together result in a 20% reduction in emissions, according to the company.
   

The Europe container transshipment market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and Volume (TEUs) from 2021 to 2032, for the following segments:

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Market, By Size

• Small containers (20 feet)
• Large containers (40 feet)

Market, By Container

• Dry storage
• Flat rack
• Refrigerated
• Special purpose
• Others

Market, By End-Use

• Food & beverages
• Consumer goods
• Healthcare
• Industrial products
• Oil & gas
• Chemicals
• Others

Market, By Port

• Deep-Water
• Shallow-Water

The above information is provided for the following regions and countries:

• Europe
  • Belgium
  • France
  • Germany
  • Greece
  • Italy
  • Netherlands
  • Norway
  • Poland
  • Romania
  • Russia
  • Spain
  • UK