Global “China Europe Rail Freight Transport Market” (2021-2024) report identifies Sales of Market by regional analysis by product type and product applications from 2019. China Europe Rail Freight Transport Market research report gives analysis on products sales, price, margin, growth (regionally volume). Market research report gives analysis on Historical and Current scenario on China Europe Rail Freight Transport Market. Research provides potential market opportunities and strong industry focus on China Europe Rail Freight Transport market forecast from 2019 till 2024. Research report provides CAGR value in percent during 2021 to 2024.
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A Decade ago, the proposal of China Government to build a robust rail network to connect Europe and China was regarded as a nightmare by most of the logistics service providers and shipping liners. Today, the rail network connects roughly 34 European cities with 35 Chinese cities and regarded as the cheaper service than air and faster than sea. In 2017, it is estimated that more than 3000 container trains ran between the two continents and rail share by cargo value increased by 144% in the first half of 2017. Owing to the growing trade forecasts between the two regions, increasing Chinese infrastructure spending for Belt and Road Initiative (BRI) and subsidies for rail freight network, the international union of railways (UIC) estimated that the China-Europe rail services is expected to double its share of trade by volume over the next decade.
MAJOR CATALYSTS PROPELLING THE CHINA-EUROPE RAIL FREIGHT TRANSPORT MARKET
Owing to the rising capital costs and wages in costal areas, many manufacturing and production companies are relocating their plants to inland cities in China, which are far away from the Chinese commercial costal lines. The companies like HP find difficult to export products to Europe since the commodities needs to travel thousands of kilometers east to the sea ports and ship them back to the west of Europe. The development of railroads has offered the companies in reducing transit times and shipping of the goods from the production site directly to the Countries in the Europe. Furthermore, the rail services are partially subsidized by both the Chinese and European governments. According to the industry sources, Chinese provincial governments collectively spent over USD300 million in subsidizing China-Europe block trains during the period 2011-16. Additionally, European Union (EU) and its members subsidize both railway infrastructure and operations to promote the more environmental friendly transportation over road. Additionally, the demand for the Chinese automobile parts and hi-tech products in Europe have been increasing significantly and the trend is expected to rise the rail volumes during the forecast period.
KAZAKHSTAN – THE GATEWAY FOR CHINA-EUROPE SOUTHERN RAILROAD
China has been focusing on southern railway lines to build a new silk road and plans to develop a robust rail network through the central Asia. But a major hindrance to the direct rail route between the two regions is the different track gauges in China and Russia. Hence, China and Kazakhstan has been investing heavily in the Khorgos Gateway, which is dry port at the border with china that used to lift containers to Kazakh trains from Chinese ones to overcome the change in track width problem. Kazakhstan has spent nearly USD3.2 billion in upgrading its rail lines and rolling stock since 2011to accommodate the growing demand for rail freight. This has resulted in 500,000 tonnes of rail freight movement in 2016 between the two regions. Furthermore, Kazakhstan Temir Zholy (KTZ), national railway company plans to increase its container handling capacity to 1.7 million a year by 2020. Additionally, China also eyes the Khorgos Gateway as a major segment in the rail corridor and coming up with investments. For instance, Chinese shipping company COSCO handled a 49% stake in the Khorgos Gateway and aims to boost the inland port capacity.
The development of the rail lines and the new Silk Road in the places that are far away from sea has created ocean of opportunities for logistics companies and storage facility providers. This scenario is expected to ignite spark in the local distribution and manufacturing potentialities, which stimulate new commercial & residential areas and need for intermodal transport in the central Asia.
China-Europe Rail Freight Transport Market Key Developments:
May 2018: United Parcel Service (UPS) launched a new Full Container Load (FCL) service between Hong Kong and Europe that leverages on the China to Europe service line. This two-way service adds to the existing freight rail services and offers 30% lesser cost than maritime transport and 60% lesser than Air transport.
Feb, 2018: Rail freight logistics company Rail Cargo Group (RCG), JSC United Transport and Logistics Company (UTLC), the rail freight division of the (OBB) and have signed a MoU to improve rail freight service connections and increase intermodal transport on the China-Europe rail freight route.
Major Players: DB Cargo, UPS, Russian Railways (RZD), China Railway (CR), JSC United Transport and Logistics Company, DHL Rail, Hellmann Worldwide Logistics, Kazakhstan Temir Zholy (KTZ), Far East Land Bridge Ltd, InterRail Group, PKP, Rail Cargo Austria, Nunner Logistics, Wuhan Han’ou International Logistics Co among others.
Reasons to Purchase China-Europe Rail Freight Transport Market Report:
To study current and future market outlook in the developed and emerging markets
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
Detailed analysis of the segment that is expected to dominate the market
Regions that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet in excel
China-Europe Rail Freight Transport Market Report Customization and Benefits:
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List of TOP KEY PLAYERS in China Europe Rail Freight Transport Market Report are –
- DB Cargo, UPS, Russian Railways (RZD), China Railway (CR), JSC United Transport and Logistics Company, DHL, Kazakhstan Temir Zholy (KTZ), Far East Land Bridge Ltd, Hellmann Worldwide Logistics, InterRail Group, Nunner Logistics, Wuhan Han’ou International Logistics Co, Changjiu Logistics, Kerry Logistics, HLT International Logistics, DSV
Global China Europe Rail Freight Transport Market Segmentation by Types, By Applications and by Region:
Global China Europe Rail Freight Transport market is analyses and market size information is provided by regions (countries). Segment by Application, the China Europe Rail Freight Transport market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World. The report includes region-wise market size for the period 2019-2024. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2019-2024.
China Europe Rail Freight Transport Market Segment by Region:
- United States
- Southeast Asia
- Rest of World
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Reasons to Purchase this Report:
- To know how the need for rapid data processing is expected to affect the growth of the global China Europe Rail Freight Transport
- To analyze various perspectives of the market with the help of Porters five forces analysis
- To know how SME’s are dominating the market.
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- To identify the latest developments, market shares, and strategies employed by major market players.
- Three months analyst support, along with the Market Estimate Sheet (in excel).
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COVID-19 Impact on Market:
The recent COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread around the globe at a fast pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-affected countries in terms of positive cases and reported deaths, as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global food and beverage industry is one of the major industries facing serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. China is the global manufacturing hub, with the presence of and the largest raw material suppliers. The overall market break down due to COVID-19 is also affecting the growth of the bacon market due to shutting down of factories, obstacle in supply chain, and downturn in world economy.
Major Points from Table of Contents:
1.1 Scope of the Market
1.2 Market Definition
1.3 Executive Summary
2. RESEARCH METHODOLOGY
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Analysis Methodology
2.4 Research Phases
3. CHINA-EUROPE RAIL FREIGHT TRANSPORT MARKET INSIGHTS
3.1 Current Market Scenario
3.2 Technological Trends
3.3 Insights on Dry Ports
3.4 Government Regulations and Initiatives
4.CHINA-EUROPE RAIL FREIGHT TRANSPORT MARKET DYNAMICS (Drivers, Restraints, and Opportunities)
4.1 Rail Services are Considerably Cheaper than Air and Faster than Sea
4.2 Major Investments & Subsidies in Rail Infrastructure From China Government
4.3 Trade Imbalance Between China and Europe
5. CHINA-EUROPE RAIL FREIGHT TRANSPORT MARKET SEGMENTATION AND ANALYSIS (MARKET SIZE, GROWTH, AND FORECAST)
5.1 By Type of Cargo
5.2 By Tonnage Handled and Transported
5.3 Revenue Statistics
5.4 Pair Analysis with China by European Country
6. COMPETITVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Concentration Overview
6.3 Strategies Adopted by Major Players
7. COMPANY PROFILES (OVERVIEW, FINANCIALS**, PRODUCTS & SERVICES, RECENT DEVELOPMENTS, AND ANALYST VIEW)
7.1 DB Cargo
7.3 Russian Railways (RZD)
7.4 China Railway (CR)
7.5 JSC United Transport and Logistics Company
7.7 Kazakhstan Temir Zholy (KTZ)
7.8 Far East Land Bridge Ltd
7.9 Hellmann Worldwide Logistics
7.10 InterRail Group
7.11 Nunner Logistics
7.12 Wuhan Han’ou International Logistics Co
7.13 Changjiu Logistics
7.14 Kerry Logistics
7.15 HLT International Logistics
*List not Exhaustive
8.1 Map of Railway Routes and Insights on Freight Trains Between China and Europe
8.2 External Trade Statistics – Insights on key products imported and exported by rail (China-Europe)
Browse complete table of contents at – https://www.researchreportsworld.com/TOC/13104384#TOC
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