Global Dry Bulk Shipping Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Commodity Type (Iron Ore, Coal, Grain, Bauxite, Others), By Vessel Type (Capesize, Handysize, Panamax, Handymax), And By Geography - Forecasts From 2023 To 2028

  • Published : Aug 2023
  • Report Code : KSI061611528
  • Pages : 145

The dry bulk shipping market was valued at US$343.483 billion in 2022 and is projected to expand at a CAGR of 7.85% over the forecast period to reach US$540.672 billion by 2028. 

This research study examines the dry bulk shipping market based on various segments: commodity type, vessel type and geography. First, a brief market overview details key driving factors and challenges. Next, Porter's five forces model analyzes the dry bulk shipping market comprehensively. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.

The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting the dry bulk shipping market. Moreover, the research study analyzes the overall regulatory framework of the dry bulk shipping market, offering stakeholders a better understanding of the key factors influencing the overall market environment.

Dry bulk shipping market – Forecasts from 2023 to 2028 is a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape and details strategies of key market players and also plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.

The scope and coverage of the dry bulk shipping market report is as below:

  • Dry bulk shipping market data tables and charts
  • Market outlook with sections on drivers, restraints, Porter’s and industry value chain analysis
  • Market assessment by commodity type into iron ore, coal, grain, bauxite, and others.
  • Detailed market trends, analysis and graphical representation by vessel type into capesize, handysize, panamax, and handymax.
  • A 360° view of the demand for dry bulk shipping market solutions/services across different geographies (North America, South America, Europe, Middle East and Africa, and Asia Pacific) with further breakdown for key countries within those regions.

Global Dry Bulk Shipping Market Scope:


Report Metric Details
Market Size Value in 2022 US$343.483 billion
Market Size Value in 2028 US$540.672 billion
Growth Rate CAGR of 7.85% from 2022 to 2028
Base Year 2022
Forecast Period 2023–2028
Forecast Unit (Value) USD Billion
Segments Covered Commodity Type, Vessel Type, and Geography
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered Diana Shippping, Inc., Star Bulk Management Inc., Genco Shipping & Trading Limited, GAC, NYK Line, Globus Maritime Limited, Western Bulk, Berge Bulk
Customization Scope Free report customization with purchase


Different segments covered under the dry bulk shipping market report are as below:

  • By Commodity Type
    • Iron ore
    • Coal
    • Grain
    • Bauxite
    • Others
  • By Vessel type
    • Capesize
    • Handysize
    • Panamax
    • Handymax
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Others

Frequently Asked Questions (FAQs)

The dry bulk shipping market is anticipated to reach a total market size of US$540.672 billion in 2028.
The global dry bulk shipping market is anticipated to grow at a CAGR of 7.85% during the forecast period.
Dry Bulk Shipping Market was valued at US$343.483 billion in 2022.
Increasing Adoption by industries driving the dry bulk shipping market growth.
Europe is expected to have a significant share in the dry bulk shipping market owing to the increasing demand for transportation across regions.


1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline


2.1. Research Data

2.2. Assumptions


3.1. Research Highlights


4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis


5.1. Introduction

5.2. Iron ore

5.3. Coal

5.4. Grain

5.5. Bauxite

5.6. Others


6.1. Introduction

6.2. Capesize

6.3. Handysize

6.4. Panamax

6.5. Handymax


7.1. Introduction

7.2. North America

7.2.1. United States

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. United Kingdom

7.4.2. Germany

7.4.3. France

7.4.4. Spain

7.4.5. Others

7.5. The Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Israel

7.5.4. Others

7.6. Asia Pacific

7.6.1. Japan

7.6.2. China

7.6.3. India

7.6.4. South Korea

7.6.5. Indonesia

7.6.6. Thailand

7.6.7. Others


8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix


9.1. Diana Shippping, Inc.

9.2. Star Bulk Management Inc.

9.3. Genco Shipping & Trading Limited

9.4. GAC

9.5. NYK Line

9.6. Globus Maritime Limited

9.7. Western Bulk

9.8. Berge Bulk

Diana Shippping, Inc.

Star Bulk Management Inc.

Genco Shipping & Trading Limited


NYK Line

Globus Maritime Limited

Western Bulk

Berge Bulk