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Ocean & Coastal Transportation in Canada - Industry Market Research Report

Publisher IBISWorld
Published Dec 01, 2024
Length 78 Pages
SKU # IBSS19493106

Description

Ocean & Coastal Transportation in Canada - Industry Market Research Report


Ocean & Coastal Transportation in Canada

The freight, bulk cargo and passengers' transportation of the Canadian Ocean and Coastal Transportation industry has faced varied conditions, resulting in a decline in revenue. Economic growth in emerging markets and the growing need for Canadian natural resources enabled industry-relevant shipping companies to benefit from Canada's substantial dry and liquid-bulk exports. Stable, pre-pandemic economic growth in the United States also has increased demand for industry services, as shipping to the United States makes up a substantial share of the industry's total export traffic. However, COVID-19 crippled demand for cruises and reduced global trade as countries closed down borders. Ultimately, industry revenue is expected to decline at a CAGR of 2.7% to $5.6 billion over the five years to 2023, although revenue is forecast to surge 14.0% during the current year.

Operators in the Ocean and Coastal Transportation industry in Canada primarily transport freight and passengers using deep sea, coastal and Great Lakes water transportation. This industry also includes ocean-going cruise ships.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

78 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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