DUBLIN , Aug. 3, 2022 /PRNewswire/ — The “Inland Water Transport Global Market Report 2022:” report has been added to ResearchAndMarkets.com’s offering.
The global inland water transport market is expected to grow from $17.40 billion in 2021 to $18.31 billion in 2022 at a compound annual growth rate (CAGR) of 5.2%. The market is expected to grow to $21.33 billion in 2026 at a compound annual growth rate (CAGR) of 3.9%.
The inland water transport market consists of sales of inland water transportation services and related goods by entities (organizations, sole traders, and partnerships) that provide inland water transportation of passengers and cargo on lakes, rivers, or intracoastal waterways. Inland waterways are stretches of water, not part of the sea, over which crafts of a carrying capacity not less than 50 tonnes can navigate when normally loaded. The inland water transport market is segmented into inland water freight transportation and inland water passenger transportation.
The main types in the inland water transport market are inland water freight transport and inland water passenger transport. Inland Water Freight Transport refers to the stretches of water that are not part of the sea but are suitable for navigation for vessels. Freight movement using .. .