Cargo Inspection Market – Global Industry Analysis and Forecast (2023-2029)

Global Cargo Inspection Market is expected to reach US$ 4.13 Bn by 2029, at a CAGR of 3.66% during the forecast period. The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

cargo inspection market Definition

Cargo is the goods carried on a motor vehicle, ship, rail or aircraft. Cargo inspection is the process of ensuring the quality of commodity cargos and its services are also used to meet all the standards and regulations. This process is carried out to inspect the quality and quantity of goods that get traded.Cargo Inspection Market To know about the Research Methodology :- Request Free Sample Report

cargo inspection market Dynamics

An increasing transportation of goods and services and rising demand for quality-assured commodities are the major driving factors behind the growth of the market. Growing transport infrastructure, rising awareness regarding the quality of food products and agriculture products and increasing government’s rules and regulations are expected to improve the growth of the market during the forecast period. Cargo inspection process provides some benefits such as reduced risks, improved inspection of the damaged container or goods and increased goodwill, which are ultimately propelling the growth of the market. However, different regulations and standards across regions and non-intrusive inspection services are the major restraining factors that could hamper the growth of the market.

Cargo Inspection Market: Segmentation Analysis

By industry, the agriculture segment dominated the market in 2022 and is expected to witness fast growth at a CAGR of XX% during the forecast period. In agriculture industry, cargo inspection process is performed by well specialized cargo inspectors and surveyors, which are certified by FOSFA and GAFTA associations. The inspection service in agriculture industry includes the grain test for infestation, moisture, damaged grains and density. Fresh vegetables and fruits are inspected on their packaging, size, acidity and pressure test. It also includes tank and hold cleanliness, measuring, weighing and sampling. Rising government rules and regulations regarding the quality of food products is driving the growth of the market. Alternatively, oil, gas and petrochemical segment is projected to witness fast growth at a CAGR of XX% during the forecast period. The cargo inspection services in oil, gas and petrochemical industry includes inspection, testing, and sampling of petroleum products, crude oil, LPG and chemical gases, bulk oil cargo measurement, ship to ship inspections, bunker inspections, loss control and tank cleanliness inspections. Increasing market for oil, gas and petrochemical industry across the globe is propelling the growth of the market.

Cargo Inspection Market: Regional Analysis

Region-wise, Asia pacific held the largest market share in 2022 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. The economies such as China, Japan, South Korea, and India are the major key contributors behind the growth of the market. The growth is attributed to the stringent government regulations and policies and different economic factors. Rising export activities of goods and services, increasing market for transportation industry in India and China, growing export of the agro-commodity, increasing significance of safety and security among consumers and growing market for Indian air cargo are driving the growth of the market in the APAC region. For instance, India’s whole air cargo volume is grown to approximately 3.75m tonnes in fiscal year 2022 with a 7.5% of growth rate. The objective of the report is to present a comprehensive analysis of the Global Cargo Inspection Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Cargo Inspection Market dynamics, structure by analyzing the market segments and projects the Global Cargo Inspection Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Cargo Inspection Market make the report investor’s guide.

The Scope of Global Cargo Inspection Market: Inquire before buying

Global Cargo Inspection Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 3.21 Bn.
Forecast Period 2023 to 2029 CAGR: 3.66% Market Size in 2029: US $ 4.13 Bn.
Segments Covered: by Industry Oil, Gas, & Petrochemicals Metals & Mining Agriculture Others

Cargo Inspection Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Cargo Inspection Market, Key Players

1.Millennium Solutions 2.Qtech Control Limited 3.CERTISPEC Services Inc 4.CWM Survey & Inspection BV 5.AHK Group Ltd 6.Peterson and Control Union 7.Alex Stewart International 8.Cargo Inspections International Limited 9.AIM Control Group 10.SWISS APPROVAL International 11.Cotecna Inspection SA 12.Intertek Group plc 13.Bureau Veritas 14.CMA CGM 15.The Maersk Group 16.MSC Mediterranean Shipping Company S.A. 17.PALANPINA WORLD TRANSPORT (HOLDING) LTD Frequently Asked Questions: 1. Which region has the largest share in Cargo Inspection Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Cargo Inspection Market? Ans: The Global market is growing at a CAGR of 3.66% during forecasting period 2023-2029. 3. What is scope of the Cargo Inspection Market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the Cargo Inspection Market size in 2022? Ans: The Global market was valued at US$ 3.21 Bn. In 2022. 5. What is the study period of this Market? Ans: The Global market is studied from 2022 to 2029.
Global Cargo Inspection Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Cargo Inspection Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Cargo Inspection Market Analysis and Forecast 6.1. Cargo Inspection Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Cargo Inspection Market Analysis and Forecast, By Industry 7.1. Introduction and Definition 7.2. Key Findings 7.3. Cargo Inspection Market Value Share Analysis, By Industry 7.4. Cargo Inspection Market Size (US$ Bn) Forecast, By Industry 7.5. Cargo Inspection Market Analysis, By Industry 7.6. Cargo Inspection Market Attractiveness Analysis, By Industry 8. Global Cargo Inspection Market Analysis, by Region 8.1. Cargo Inspection Market Value Share Analysis, by Region 8.2. Cargo Inspection Market Size (US$ Bn) Forecast, by Region 8.3. Cargo Inspection Market Attractiveness Analysis, by Region 9. North America Cargo Inspection Market Analysis 9.1. Key Findings 9.2. North America Cargo Inspection Market Overview 9.3. North America Cargo Inspection Market Value Share Analysis, By Industry 9.4. North America Cargo Inspection Market Forecast, By Industry 9.4.1. Oil, Gas, & Petrochemicals 9.4.2. Metals & Mining 9.4.3. Agriculture 9.4.4. Others 9.5. North America Cargo Inspection Market Value Share Analysis, by Country 9.6. North America Cargo Inspection Market Forecast, by Country 9.6.1. U.S. 9.6.2. Canada 9.7. North America Cargo Inspection Market Analysis, by Country 9.8. U.S. Cargo Inspection Market Forecast, By Industry 9.8.1. Oil, Gas, & Petrochemicals 9.8.2. Metals & Mining 9.8.3. Agriculture 9.8.4. Others 9.9. Canada Cargo Inspection Market Forecast, By Industry 9.9.1. Oil, Gas, & Petrochemicals 9.9.2. Metals & Mining 9.9.3. Agriculture 9.9.4. Others 9.10. North America Cargo Inspection Market Attractiveness Analysis 9.10.1. By Industry 9.11. PEST Analysis 9.12. Key Trends 9.13. Key Developments 10. Europe Cargo Inspection Market Analysis 10.1. Key Findings 10.2. Europe Cargo Inspection Market Overview 10.3. Europe Cargo Inspection Market Value Share Analysis, By Industry 10.4. Europe Cargo Inspection Market Forecast, By Industry 10.4.1. Oil, Gas, & Petrochemicals 10.4.2. Metals & Mining 10.4.3. Agriculture 10.4.4. Others 10.5. Europe Cargo Inspection Market Value Share Analysis, by Country 10.6. Europe Cargo Inspection Market Forecast, by Country 10.6.1. Germany 10.6.2. U.K. 10.6.3. France 10.6.4. Italy 10.6.5. Spain 10.6.6. Norway 10.6.7. Russia 10.6.8. Rest of Europe 10.7. Europe Cargo Inspection Market Analysis, by Country 10.8. Germany Cargo Inspection Market Forecast, By Industry 10.8.1. Oil, Gas, & Petrochemicals 10.8.2. Metals & Mining 10.8.3. Agriculture 10.8.4. Others 10.9. U.K. Cargo Inspection Market Forecast, By Industry 10.9.1. Oil, Gas, & Petrochemicals 10.9.2. Metals & Mining 10.9.3. Agriculture 10.9.4. Others 10.10. France Cargo Inspection Market Forecast, By Industry 10.10.1. Oil, Gas, & Petrochemicals 10.10.2. Metals & Mining 10.10.3. Agriculture 10.10.4. Others 10.11. Italy Cargo Inspection Market Forecast, By Industry 10.11.1. Oil, Gas, & Petrochemicals 10.11.2. Metals & Mining 10.11.3. Agriculture 10.11.4. Others 10.12. Spain Cargo Inspection Market Forecast, By Industry 10.12.1. Oil, Gas, & Petrochemicals 10.12.2. Metals & Mining 10.12.3. Agriculture 10.12.4. Others 10.13. Norway Cargo Inspection Market Forecast, By Industry 10.13.1. Oil, Gas, & Petrochemicals 10.13.2. Metals & Mining 10.13.3. Agriculture 10.13.4. Others 10.14. Russia Cargo Inspection Market Forecast, By Industry 10.14.1. Oil, Gas, & Petrochemicals 10.14.2. Metals & Mining 10.14.3. Agriculture 10.14.4. Others 10.15. Rest of Europe Cargo Inspection Market Forecast, By Industry 10.15.1. Oil, Gas, & Petrochemicals 10.15.2. Metals & Mining 10.15.3. Agriculture 10.15.4. Others 10.16. Europe Cargo Inspection Market Attractiveness Analysis 10.16.1. By Industry 10.17. PEST Analysis 10.18. Key Trends 10.19. Key Developments 11. Asia Pacific Cargo Inspection Market Analysis 11.1. Key Findings 11.2. Asia Pacific Cargo Inspection Market Overview 11.3. Asia Pacific Cargo Inspection Market Value Share Analysis, By Industry 11.4. Asia Pacific Cargo Inspection Market Forecast, By Industry 11.4.1. Oil, Gas, & Petrochemicals 11.4.2. Metals & Mining 11.4.3. Agriculture 11.4.4. Others 11.5. Asia Pacific Cargo Inspection Market Value Share Analysis, by Country 11.6. Asia Pacific Cargo Inspection Market Forecast, by Country 11.6.1. China 11.6.2. India 11.6.3. Japan 11.6.4. South Korea 11.6.5. Australia 11.6.6. Malaysia 11.6.7. Indonesia 11.6.8. Rest of Asia Pacific 11.7. Asia Pacific Cargo Inspection Market Analysis, by Country 11.8. China Cargo Inspection Market Forecast, By Industry 11.8.1. Oil, Gas, & Petrochemicals 11.8.2. Metals & Mining 11.8.3. Agriculture 11.8.4. Others 11.9. India Cargo Inspection Market Forecast, By Industry 11.9.1. Oil, Gas, & Petrochemicals 11.9.2. Metals & Mining 11.9.3. Agriculture 11.9.4. Others 11.10. Japan Cargo Inspection Market Forecast, By Industry 11.10.1. Oil, Gas, & Petrochemicals 11.10.2. Metals & Mining 11.10.3. Agriculture 11.10.4. Others 11.11. South Korea Cargo Inspection Market Forecast, By Industry 11.11.1. Oil, Gas, & Petrochemicals 11.11.2. Metals & Mining 11.11.3. Agriculture 11.11.4. Others 11.12. Australia Cargo Inspection Market Forecast, By Industry 11.12.1. Oil, Gas, & Petrochemicals 11.12.2. Metals & Mining 11.12.3. Agriculture 11.12.4. Others 11.13. Malaysia Cargo Inspection Market Forecast, By Industry 11.13.1. Oil, Gas, & Petrochemicals 11.13.2. Metals & Mining 11.13.3. Agriculture 11.13.4. Others 11.14. Indonesia Cargo Inspection Market Forecast, By Industry 11.14.1. Oil, Gas, & Petrochemicals 11.14.2. Metals & Mining 11.14.3. Agriculture 11.14.4. Others 11.15. Rest of Asia Pacific Cargo Inspection Market Forecast, By Industry 11.15.1. Oil, Gas, & Petrochemicals 11.15.2. Metals & Mining 11.15.3. Agriculture 11.15.4. Others 11.16. Asia Pacific Cargo Inspection Market Attractiveness Analysis 11.16.1. By Industry 11.17. PEST Analysis 11.18. Key Trends 11.19. Key Developments 12. Middle East & Africa Cargo Inspection Market Analysis 12.1. Key Findings 12.2. Middle East & Africa Cargo Inspection Market Overview 12.3. Middle East & Africa Cargo Inspection Market Value Share Analysis, By Industry 12.4. Middle East & Africa Cargo Inspection Market Forecast, By Industry 12.4.1. Oil, Gas, & Petrochemicals 12.4.2. Metals & Mining 12.4.3. Agriculture 12.4.4. Others 12.5. Middle East & Africa Cargo Inspection Market Value Share Analysis, by Country 12.6. Middle East & Africa Cargo Inspection Market Forecast, by Country 12.6.1. GCC 12.6.2. South Africa 12.6.3. Rest of Middle East & Africa 12.7. Middle East & Africa Cargo Inspection Market Analysis, by Country 12.8. GCC Cargo Inspection Market Forecast, By Industry 12.8.1. Oil, Gas, & Petrochemicals 12.8.2. Metals & Mining 12.8.3. Agriculture 12.8.4. Others 12.9. South Africa Cargo Inspection Market Forecast, By Industry 12.9.1. Oil, Gas, & Petrochemicals 12.9.2. Metals & Mining 12.9.3. Agriculture 12.9.4. Others 12.10. Rest of Middle East & Africa Cargo Inspection Market Forecast, By Industry 12.10.1. Oil, Gas, & Petrochemicals 12.10.2. Metals & Mining 12.10.3. Agriculture 12.10.4. Others 12.11. Middle East & Africa Cargo Inspection Market Attractiveness Analysis 12.11.1. By Industry 12.12. PEST Analysis 12.13. Key Trends 12.14. Key Developments 13. South America Cargo Inspection Market Analysis 13.1. Key Findings 13.2. South America Cargo Inspection Market Overview 13.3. South America Cargo Inspection Market Value Share Analysis, By Industry 13.4. South America Cargo Inspection Market Forecast, By Industry 13.4.1. Oil, Gas, & Petrochemicals 13.4.2. Metals & Mining 13.4.3. Agriculture 13.4.4. Others 13.5. South America Cargo Inspection Market Value Share Analysis, by Country 13.6. South America Cargo Inspection Market Forecast, by Country 13.6.1. Brazil 13.6.2. Mexico 13.6.3. Argentina 13.6.4. Rest of South America 13.7. South America Cargo Inspection Market Analysis, by Country 13.8. Brazil Cargo Inspection Market Forecast, By Industry 13.8.1. Oil, Gas, & Petrochemicals 13.8.2. Metals & Mining 13.8.3. Agriculture 13.8.4. Others 13.9. Mexico Cargo Inspection Market Forecast, By Industry 13.9.1. Oil, Gas, & Petrochemicals 13.9.2. Metals & Mining 13.9.3. Agriculture 13.9.4. Others 13.10. Argentina Cargo Inspection Market Forecast, By Industry 13.10.1. Oil, Gas, & Petrochemicals 13.10.2. Metals & Mining 13.10.3. Agriculture 13.10.4. Others 13.11. Rest of South America Cargo Inspection Market Forecast, By Industry 13.11.1. Oil, Gas, & Petrochemicals 13.11.2. Metals & Mining 13.11.3. Agriculture 13.11.4. Others 13.12. South America Cargo Inspection Market Attractiveness Analysis 13.12.1. By Industry 13.13. PEST Analysis 13.14. Key Trends 13.15. Key Developments 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Competition Matrix 14.2.1. Competitive Benchmarking of key players by price, presence, market share, Vehicles and R&D investment 14.2.2. New Product Launches and Product Enhancements 14.2.3. Market Consolidation 14.2.3.1. M&A by Regions, Investment and Vehicles 14.2.3.2. M&A Key Players, Forward Integration and Backward Integration 14.3. Company Profiles: Key Players 14.3.1. Millennium Solutions 14.3.1.1. Company Overview 14.3.1.2. Financial Overview 14.3.1.3. Product Portfolio 14.3.1.4. Business Strategy 14.3.1.5. Recent Developments 14.3.1.6. Development Footprint 14.3.2. Qtech Control Limited 14.3.3. CERTISPEC Services Inc 14.3.4. CWM Survey & Inspection BV 14.3.5. AHK Group Ltd 14.3.6. Peterson and Control Union 14.3.7. Alex Stewart International 14.3.8. Cargo Inspections International Limited 14.3.9. AIM Control Group 14.3.10. SWISS APPROVAL International 14.3.11. Cotecna Inspection SA 14.3.12. Intertek Group plc 14.3.13. Bureau Veritas 14.3.14. CMA CGM 14.3.15. The Maersk Group 14.3.16. MSC Mediterranean Shipping Company S.A. 14.3.17. PALANPINA WORLD TRANSPORT (HOLDING) LTD 15. Primary Key Insights
  • INQUIRE BEFORE BUYING