The coronavirus outbreak poses a challenge for the world economy, negatively impacting global real GDP growth and affecting many industries. The international sea freight forwarding market is projected to contract by some 1.1 percent compared with the previous year under the ‘actual impact‘ scenario. In case of the ‘severe impact‘ scenario, the market is anticipated to contract by 7.3 percent. Regional markets will be affected differently, with the North American market suffering the most under both scenarios.
Decline in container shipping volume
Between January 2020 and June 2020, there was a considerable decline in container shipping volume compared with the previous year’s figures. This resulted in some 310 container ships staying idle in February alone.
Networked nature of the global container shipping market
When the outbreak of the virus became apparent in January 2020, governments across the globe started adopting measures that severely limited commercial activities, affecting both supply of and demand for goods. The sea freight forwarding market, however, is highly complex and interconnected, with many elements depending on one another. Many small cracks within the system can make it malfunction, further exacerbating the problems caused by the pandemic.
In a 2020 survey, roughly 71 percent of respondents stated that they experienced a volume decline as a consequence of the coronavirus (COVID-19) pandemic. During the same survey, over 43 percent of shipping and freight professionals revealed that they expect a slow recovery from the coronavirus pandemic.
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Since entering the World Trade Organization (WTO) in 2001, the global share of Chinese container shipments grew up from 10% in 2003 to 14% in 2019. While the share of imports of dry bulk commodities to world volumes has jumped sharply from only 11 % to 34% in the same period. Based on the total dry bulk commodities, the portion of China in the global market is very dominant and become the major player in this industry. China imports 20% of chemicals, 18% gas, and 16% crude oil in 2019. It is understandable that the turmoil in China will have an upstream and downstream impact in the global production chain including Indonesia. The rapid spread of coronavirus has had a major impact on global shipping markets, with the slump in demand for goods from China having a ripple effect on everything from container ships to oil tankers. The freight rate for global container lines generally drops at a sharp rate of 10% -15%. A radical drop in demand for Chinese crude tankers from an average of 3.4 billion tonne miles per day in 2019 to almost zero. This was just the start of what was about to become a global crisis for all sectors including shipping. Therefore, this study aims to analyze the impacts of the Coronavirus COVID-19 on the maritime industry especially in Indonesia, and how to overcome the coronavirus outbreak based on World Health Organization (WHO) and International Maritime Organization (IMO) recommendations. The research method used in this research is the study of literature with a descriptive analysis approach.
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The global COVID-19 vaccine packaging and delivery devices market is anticipated to reach USD 1,261.7 million in 2025 and expand to USD 2,436.1 million by 2035, reflecting a CAGR of 6.8% over the assessment period.
Metric | Value |
---|---|
Industry Size (2025E) | USD 1,261.7 million |
Industry Value (2035F) | USD 2,436.1 million |
CAGR (2025 to 2035) | 6.8% |
Country-wise Outlook
Country | CAGR (2025 to 2035) |
---|---|
USA | 7.1% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 6.5% |
Country | CAGR (2025 to 2035) |
---|---|
EU | 6.7% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 6.4% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 6.9% |
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Crew members aboard international voyage ships are susceptible to imported acute respiratory infections, leading to clusters of outbreaks that pose challenges to the health of crew members. The aim of the proposed study was to optimize a plan for the quarantine process and rescue measures in response to a coronavirus disease 2019 (COVID-19) outbreak at sea to provide policy guidance for the prevention and control of severe infectious diseases on international voyage ships. Here, we described the baseline characteristics of international voyage ships and crew members entering Zhoushan Port from 2020 to 2022 and analyzed the factors influencing the incidence rate of COVID-19 among crew members. There were 161 COVID-19 cases among cargo ships entering Zhoushan Port by sea, with an average incidence rate of 16.00% (95% CI: 13.73%–18.27%). The incidence rate of COVID-19 was significantly higher among crew members with replacement, long voyage, and those who stayed at multiple anchorages or stayed for a long time. The risk of COVID-19 infection for crew members staying at more than 4 anchorage was the highest, which was 2.667 (95% CI: 1.857–3.830) times that of crew members staying at less than 4 anchorage. We developed and refined the workflow for a public health assistance plan for outbreaks at sea on the basis of our experience with several COVID-19 outbreaks on international voyage ships. The workflow includes fundamental requirements, sampling and testing methods, personnel transfer procedures, medical waste disposal guidelines, and disinfection procedures for affected ships. Our public health assistance plan can be applied to other international voyage ships for which urgent public health assistance is needed during sudden infectious disease outbreaks.
In a 2020 survey, more than 54 percent of respondents from the supply chain logistics industry stated that they were somewhat prepared for the coronavirus (COVID-19) pandemic. During the same survey, over 43 percent of shipping and freight professionals revealed that they expect a slow recovery from the coronavirus pandemic.
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The global COVID-19 vaccine packaging and delivery devices market size is expected to reach USD 3.58 billion by 2028 according to a new study by Polaris Market Research
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COVID-19, more commonly known as the coronavirus, has developed into a pandemic. In order for maritime shipping to continue its operations, shipping companies should undertake measures to protect their members of crew and passengers. In the new guidance document "Coronavirus (COVID-19) - Guidance for Ship Operators for the Protection of the Health of Seafarers", the International Chamber of Shipping ICS explains the right protection measures for the novel coronavirus and how to react if a case of illness or a suspect case occurs on board. The purpose is to help shipping companies follow advice provided by United Nations agencies including the World Health Organization (WHO), the International Maritime Organization (IMO) and the International Labour Organization (ILO), as well as the European Centre for Disease Prevention and Control (ECDC). In the guidance document, it is explained how seafarers should generally protect themselves preventatively, especially with hygienic preventative measures such as regular hand washing and the right conduct when coughing and sneezing (i.e. with a tissue or in the crook of the arm). ICS published posters that can be put up by ship operators on board their ships for information purposes. They are free for download on the ICS website and can be found in Annex A of the Guidance. The crew should be informed about how to deal with suspect and confirmed cases. A ship-specific outbreak management plan should be developed for concrete guidance of the crew.
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Global COVID-19 Drug Delivery Devices Market demand was USD 2,232.7 Million in 2019 and is expected to reach USD 3,901.5 Million by 2026, growing 8.3%.
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Contain informative data related to COVID-19 pandemic. Specially, figure out about the First Case and First Death information for every single country. The datasets mainly focus on two major fields first one is First Case which consists of information of Date of First Case(s), Number of confirm Case(s) at First Day, Age of the patient(s) of First Case, Last Visited Country and the other one First Death information consist of Date of First Death and Age of the Patient who died first for every Country mentioning corresponding Continent. The datasets also contain the Binary Matrix of spread chain among different country and region.
*This is not a country. This is a ship. The name of the Cruise Ship was not given from the government.
"N+": the age is not specified but greater than N
“No Trace”: some data was not found
“Unspecified”: not available from the authority
“N/A”: for “Last Visited Country(s) of Confirmed Case(s)” column, “N/A” indicates that the confirmed case(s) of those countries do not have any travel history in recent past; in “Age of First Death(s)” column “N/A” indicates that those countries do not have may death case till May 16, 2020.
As of February 13, 2020, over 350,000 cancellations were registered in global container shipping traffic since the beginning of the coronavirus outbreak became apparent in January 2020. Over 151,000 boxes were removed from the Europe-Asia route. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.
In December 2021, airfreight rates between Hong Kong and North America were at an all-time high of ***** U.S. dollars per kilogram since the coronavirus pandemic started. As the novel coronavirus (COVID-19) outbreak spreads across the globe, many more countries restrict the transportation of goods across borders or ban it, thus, affecting the international airfreight rates as well.
International shipping carbon dioxide emissions increased *** percent in 2023, to *** million metric tons (MtCO₂). This was the third-consecutive year that international shipping emissions increased, continuing to rebound from the COVID-19-related slump in 2020. Annual international shipping CO₂ emissions have roughly doubled since 1990, and now account for roughly ** percent of global transportation CO₂ emissions.
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Get key insights from Market Research Intellect's Impact Of Covid 19 Outbreak On Cargo Insurance Market, valued at USD 150 billion in 2024, and forecast to grow to USD 250 billion by 2033, with a CAGR of 7.2% (2026-2033).
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According to Cognitive Market Research, the global Marine Container market size will be USD 9425.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 3770.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2857.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2167.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 471.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 188.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
The Automotive category is the fastest growing segment of the Marine Container industry
Market Dynamics of Marine Container Market
Key Drivers for Marine Container Market
Increasing International Trade to Boost Market Growth
The marine container market is expanding as a result of the unparalleled rise in worldwide trade brought about by globalization. There is an increasing need for economical and efficient ways to transport commodities as companies grow internationally. The foundation of international trade is evolving into shipping containers, which make it simple to transport goods between continents. Reliable and standardized shipping solutions are essential for businesses that source resources and sell goods globally. Marine containers are an essential component of the global supply chain because they offer a standardized, safe, and scalable solution. This aspect is driving innovation in infrastructure, logistics, and container technology to suit the ever-increasing demands of international trade. It is also boosting the market's growth.
Infrastructure Development to Drive Market Growth
The market is expanding because of the continuous infrastructural development taking place all over the world. The need for shipping containers is being fueled by investments made by numerous nations in transportation hubs, road networks, and port infrastructure. These infrastructural improvements open up previously underserved areas to the global market and promote international trade. Businesses in emerging markets can participate in international trade more actively by importing and exporting goods more easily with enhanced access to transportation networks. Shipping containers are essential to this operation because they offer a standardized and effective way to move cargo.
Restraint Factor for the Marine Container Market
Fluctuation in Transportation and Inventory Cost will Limit Market Growth
To move commodities, a suitable mode of transportation must be employed, necessitating the efficient use of the medium. The cost of keeping inventory and shipping goods is another important factor that has a big impact on logistics. Furthermore, from the first function until the point of delivery, price is crucial to logistics services. Since it has given consumers more options for carrying their goods, the ongoing fluctuation has affected the shipping industry's costs for transportation and material inventory, which has ultimately slowed the growth of the global shipping container market.
Impact of Covid-19 on the Marine Container Market
The marine container business was significantly impacted by the COVID-19 epidemic, which also affected other areas of the industry. Manufacturing and logistics were severely disrupted by lockdowns and restrictions, which delayed the manufacture and supply of maritime containers. Shortages caused by a sharp rise in demand for containers and industrial stoppages had an impact on shipping rates and timetables. Additionally, the mismatch in the supply and demand of containers led to a spike in freight rates, which affected the total cost of shipping for both consumers and businesses. A lot of shipping businesses responded to the limited supply of containers and rising demand by implementing surge pricing schemes...
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Sweden Business Survey: COVID-19 Effect: SO: Services: Freight Road Transport (FT): Response Rate data was reported at 29.000 % in 11 Aug 2021. This records an increase from the previous number of 27.000 % for 15 Jul 2021. Sweden Business Survey: COVID-19 Effect: SO: Services: Freight Road Transport (FT): Response Rate data is updated daily, averaging 37.000 % from May 2020 (Median) to 11 Aug 2021, with 19 observations. The data reached an all-time high of 40.000 % in 10 Jun 2020 and a record low of 27.000 % in 15 Jul 2021. Sweden Business Survey: COVID-19 Effect: SO: Services: Freight Road Transport (FT): Response Rate data remains active status in CEIC and is reported by National Institute of Economic Research. The data is categorized under Global Database’s Sweden – Table SE.S009: Business Survey: COVID-19 Effect: Seizing Operations (Discontinued).
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In 2023, the global parcel shipping services market size was valued at approximately USD 430 billion, with a projected CAGR of 7.2% from 2024 to 2032. By 2032, the market size is expected to reach nearly USD 807 billion. The primary growth factors driving this market include the exponential rise in e-commerce activities, increasing cross-border trade, and the growing adoption of digitalization in logistics, which enhances the efficiency and speed of delivery services.
One of the significant growth drivers is the unprecedented surge in e-commerce activities worldwide. The COVID-19 pandemic acted as a catalyst for this trend, accelerating the shift from physical retail to online shopping. This shift has led to a substantial increase in the volume of parcels being shipped, thereby driving the demand for parcel shipping services. Additionally, consumers' increasing preference for convenience and quick delivery options has compelled retailers and e-commerce platforms to optimize their logistics operations, further fueling market growth.
Another critical growth factor is the expansion of cross-border trade. As globalization continues to advance, businesses are increasingly seeking to tap into international markets. This expansion necessitates efficient and reliable parcel shipping services that can handle the complexities of international logistics, including customs clearance and varying regulatory requirements. Consequently, logistics companies are investing heavily in infrastructure and technology to streamline cross-border shipping, thereby contributing to market growth.
The integration of advanced technologies such as IoT, AI, and blockchain in the logistics sector is also playing a pivotal role in driving market growth. These technologies enhance transparency, efficiency, and security in the supply chain. For instance, IoT devices can provide real-time tracking of parcels, while AI can optimize delivery routes and improve last-mile delivery efficiency. Blockchain technology offers an immutable ledger for recording transactions, thereby enhancing the security of the shipping process. These technological advancements are attracting significant investments, thus propelling the growth of the parcel shipping services market.
The Courier Express and Parcel industry has seen remarkable growth in recent years, driven by the increasing demand for fast and reliable delivery services. This sector plays a crucial role in the parcel shipping services market, offering tailored solutions that cater to both individual and business needs. The rise of e-commerce has significantly contributed to the expansion of this industry, as consumers and businesses alike seek efficient ways to send and receive goods. Companies within the Courier Express and Parcel sector are continuously innovating to enhance their service offerings, focusing on speed, reliability, and customer satisfaction. The integration of technology, such as real-time tracking and automated sorting systems, has further improved operational efficiency and service quality. As the demand for quick and dependable delivery solutions continues to grow, the Courier Express and Parcel industry is poised to play an even more integral role in the global logistics landscape.
From a regional perspective, North America holds a significant share of the global parcel shipping services market, driven by the robust e-commerce ecosystem and advanced logistics infrastructure in the region. The Asia Pacific region is anticipated to witness the highest growth rate during the forecast period, fueled by rising internet penetration, increasing disposable income, and the rapid expansion of the e-commerce sector in countries like China and India. Europe also presents substantial growth opportunities, supported by the strong presence of established logistics players and a well-developed transportation network.
The parcel shipping services market is segmented into various service types, including Standard Delivery, Same Day Delivery, Next Day Delivery, and International Delivery. Each of these service types caters to different consumer needs and market demands, contributing uniquely to the overall market dynamics. Standard Delivery remains the most widely used service type, primarily due to its cost-effectiveness and widespread availability. This service type is particularly popular among e-commerce platforms and retail businesses that require reliable yet aff
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Ranked consensus statements on the most important challenges and solutions for implementation of COVID-19 vaccination programs in low- and middle-income countries (n = 39).
Between 2019 and 2020, the coronavirus (COVID-19) pandemic led to a growth in the use of digital restaurant delivery services across ** countries worldwide. Digital delivery services are defined as meals or snacks ordered via mobile app, internet, or text message. In total, digital restaurant delivery increased ** percent globally, with the United States increasing the most at *** percent. Online restaurant delivery market worldwide In 2019, the market size of the global online food delivery sector reached ****** billion U.S. dollars. This figure was forecast to rise to as much as ****** billion by 2023. The sector became especially relevant during the coronavirus (COVID-19) pandemic, where social distancing and hygiene measures caused many restaurants to have to close their doors to the public. At the start of 2020, there was a dramatic decline in sit-down dining worldwide. However, this did not continue throughout the year, with the number of seated diners fluctuating depending on regulations and COVID-19 case numbers. Impact of COVID-19 on U.S. online food delivery The United States saw an increase in digital restaurant food orders between March 2020 and March 2021. Delivery orders increased by *** percent, while carry-out orders increased by *** percent. During that same year, the distribution of digital restaurant food orders was such that carry-out represented ** percent of all digital orders and delivery represented ** percent of all digital orders.
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Global COVID-19 vaccine packaging and delivery device market was valued at USD 1.9 million in 2020 and is expected to grow at a CAGR of 20.1% during 2021 - 2028
The coronavirus outbreak poses a challenge for the world economy, negatively impacting global real GDP growth and affecting many industries. The international sea freight forwarding market is projected to contract by some 1.1 percent compared with the previous year under the ‘actual impact‘ scenario. In case of the ‘severe impact‘ scenario, the market is anticipated to contract by 7.3 percent. Regional markets will be affected differently, with the North American market suffering the most under both scenarios.
Decline in container shipping volume
Between January 2020 and June 2020, there was a considerable decline in container shipping volume compared with the previous year’s figures. This resulted in some 310 container ships staying idle in February alone.
Networked nature of the global container shipping market
When the outbreak of the virus became apparent in January 2020, governments across the globe started adopting measures that severely limited commercial activities, affecting both supply of and demand for goods. The sea freight forwarding market, however, is highly complex and interconnected, with many elements depending on one another. Many small cracks within the system can make it malfunction, further exacerbating the problems caused by the pandemic.