Dry Bulk Shipping Market - 57% of Growth to Originate from APAC | Evolving Opportunities with Bulk Marine and Diana Shipping Inc. |17000+ Technavio Reports

NEW YORK, Jan. 17, 2022 /PRNewswire/ -- 57% of the growth will originate from APAC for the dry bulk shipping market. China and India are the key markets for the dry bulk shipping market in the region. Market growth in this region will be slower than the growth of the market in North America. The high population creating the need for commodities will facilitate the dry bulk shipping market growth in APAC over the forecast period. The dry bulk shipping market is expected to grow by USD 930.41 million from 2021 to 2026. However, the growth momentum is likely to decelerate at a CAGR of 3.59% as per the latest market forecast report by Technavio.

Attractive Opportunities in 
Dry Bulk Shipping Market by Type and Geography - Forecast and Analysis 2022-2026

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Read the 120-page report with TOC on "Dry Bulk Shipping Market Analysis Report by Type and Geography (APAC, Europe, North America, South America, and MEA), and the Segment Forecasts,2022-2026". Gain competitive intelligence about market leaders. Track key industry opportunities, trends and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/report/report/dry-bulk-shipping-market-industry-analysis

Dry bulk shipping market - Driver & Challenge
The dry bulk shipping market is driven by the rising seaborne trade across the world.  However, the factors such as volatility in steel prices may impede market growth. The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Some of key Dry Bulk Shipping Players with Key Offerings:

  • Bulk Marine - The company offers transportation for both major and minor bulks including Iron Ore, Coal, Coking Coal, Petcoke and Mineral Concentrates (major bulks) and Alumina, Cement Clinker, Fertiliser, Grain, Gypsum, Limestone, Steel & Scrap, and Sugar.
  • Dampskibsselskabet Norden A/S - The company offers Dry operator which offers advanced risk management, market analytics, and a trading-oriented mindset to match cargoes such as grain, wood pellets, and coal to an ever-changing fleet of Panamax, Supramax, and Handysize vessels.
  • Diana Shipping Inc. - The company offers a quality and experienced team for shipping transportation services in dry bulk shipping.
  • Egon Oldendorff Management GmbH - The company offers transport for a wide range of dry bulk commodities including ores, coal, petcoke, grains, agricultural products, bauxite, alumina, cement, aggregates, forest products, scrap, concentrates, fertilizers, and many more.
  • Golden Ocean Group Ltd - The company offers customers flexible and reliable transportation services in dry bulk shipping.

To know about all major players with key offerings - Download a free sample report now!

Dry Bulk Shipping Market Type Outlook (Revenue, USD mn, 2021-2026)

  • Capesize - size and forecast 2021-2026
  • Panama - size and forecast 2021-2026
  • Supramax - size and forecast 2021-2026
  • Handysize - size and forecast 2021-2026

Dry Bulk Shipping Market Geography Outlook (Revenue, USD mn, 2021-2026)

  • APAC - size and forecast 2021-2026
  • Europe - size and forecast 2021-2026
  • North America - size and forecast 2021-2026
  • South America - size and forecast 2021-2026
  • MEA - size and forecast 2021-2026

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Dry Bulk Shipping Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Decelerate at a CAGR of 3.59%

Market growth 2022-2026

USD 930.41 million

Market structure


YoY growth (%)


Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 57%

Key consumer countries

China, US, Germany, India, and Denmark

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Bulk Marine, Dampskibsselskabet Norden A/S, Diana Shipping Inc., Egon Oldendorff Management GmbH, Golden Ocean Group Ltd, Mitsui O.S.K. Lines Ltd., Nippon Yusen Kabushiki Kaisha, Pacific Basin Shipping Limited., Star Bulk Carriers Corp, and Western Bulk

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
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