According to latest report published by VynZ Research, the global cargo shipping market is entering a phase of steady yet transformative growth, driven by the critical role maritime transport continues to play in global trade and supply chain resilience. The market, valued at approximately USD 15.17 billion in 2025 and estimated to reach USD 16.61 billion in 2026, is projected to grow significantly to nearly USD 30.62 billion by 2035, expanding at a CAGR of about 7.0% during the forecast period.
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