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The Rail Freight Global Market Report 2021-30 by The Business Research Company describes and explains the global rail freight market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Rail Freight Global Market Report 2021 covers rail freight market drivers, rail freight market trends, rail freight market segments, rail freight market growth rate, rail freight market major players, and rail freight market size.
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The rail freight market report provides an in-depth analysis of the impact of COVID-19 on the global rail freight industry, along with revised market numbers due to the effects of the coronavirus and the expected rail freight market growth numbers 2021-2030.
Rail Freight Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global rail freight market is expected to grow from $247.39 billion in 2020 to $271.87 billion in 2021 at a compound annual growth rate (CAGR) of 9.9%. The market is expected to reach $351 billion in 2025 at a CAGR of 7%.
The report covers the rail freight market’s segments-
1) By Type: Intermodals, Tank Wagons, Freight Cars.
2) By Destination: Domestic, International.
3) By Application: Oil And Gas, Mining Industry, Logistic Industry, Post Service, Others.
4) By Freight Type: Containerized, Liquid, Commodities, Others.
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