Barge Transportation Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
Barge Transportation Market in 2025 is estimated at USD 138.76 billion. The global market size was valued at over USD 134.88 billion in 2024 and is predicted to grow at a CAGR of more than 3.6%, surpassing USD 213.61 billion by 2037. Europe is forecasted to climb to USD 74.76 billion by 2037, impelled by port investments and a developed inland waterways network.
Barges have a substantial carrying capacity, thus, they can be regarded as the perfect kind of transportation for moving large quantities of goods. A river barge, for example, has a carrying capacity of about 1,500 tons, which is fifteen times the carrying capacity of a 100-ton jumbo hopper train car and sixty times the carrying capacity of a trailer truck with a 25-ton carrying capacity.
The market has enormous growth potential in the upcoming years due to a number of factors, including the rise in government investments and initiatives for the construction of efficient inland water infrastructure and the research and development efforts of major industry players to create new and improve existing barge designs. For example, hybrid LNG barges are an environmentally beneficial and fuel-efficient substitute for traditional diesel-fired barges.
