Marine Port Services Market Size, Share & Industry Analysis, By Service (Container Handling Services, Ship Repair and Maintenance Services, Navigation Services, Supply chain and Logistics Solution Services, and Mechanical and Electrical Engineering Services), and Regional Forecast, 2025-2032

The global marine port services market size was valued at USD 92.59 billion in 2024. The market is projected to grow from USD 96.57 billion in 2025 to USD 135.31 billion by 2032, exhibiting a CAGR of 4.94% during the forecast period. Asia Pacific dominated the marine port services market with a market share of 32.79% in 2024.

Marine services refer to port-related operations designed to ensure secure berthing for vessels, while moored or at anchor, and to facilitate the safe movement of vessel traffic in port approaches and harbors. Marine port services include the receiving, handling, unloading, and even additional shipping of clients' products upon arrival at the port. Port services also include product inspection at both arrival and departure.

These services are crucial for facilitating international trade and movement of goods via marine routes. These ports collectively ensure a smooth and safe flow of goods and people, making them crucial hubs for global trade and transportation. The surging volume of seaborne trade and ongoing advancements in port infrastructure are key factors driving the growth of the marine port services market. The key players in the marine port services such as DP World Limited (UAE), PSA International, COSCO Shipping Ports Limited, Hutchison Port Holdings are investing in development of ports and new equipment to enhance the efficiency of port services, which is expected to drive the growth of the marine port services industry. The market players differentiate themselves through advanced port infrastructure, technological innovation (automation, IoT, smart port solutions), and value-added logistics services

Global Marine Port Services Market Overview

Market Size & Forecast

• 2024 Market Size: USD 92.59 billion
• 2025 Market Size: USD 96.57 billion
• 2032 Forecast Market Size: USD 135.31 billion
• CAGR: 4.94% from 2025–2032

Market Share

• Asia Pacific dominated the marine port services market with a 32.79% share in 2024, driven by rapid expansion in maritime trade, major port infrastructure investments, and significant container handling capacities in countries like China, India, and Singapore.
• By service type, the container handling services segment held the largest share in 2024, fueled by the growing demand for efficient cargo handling and modernization of container terminals. The trend toward automation, IoT-enabled port operations, and sustainable port practices is further boosting market growth.

Key Regional Insights

• Asia Pacific: Largest and fastest-growing market, valued at USD 30.36 billion in 2024, projected to reach USD 48.21 billion by 2032; growth driven by industrialization, expanding port capacities, and initiatives like India’s Sagarmala Project and China’s Belt and Road Initiative.
• North America: Moderate growth supported by modernization of ports like Los Angeles, Long Beach, and Norfolk Harbor, with heavy investments in automation and green port technologies.
• Europe: Second-largest market, benefiting from high maritime trade volumes and transformation of ports into energy hubs; ports handled over 1.6 billion tons of cargo in 2023.
• Rest of the World: Emerging opportunities driven by growing e-commerce logistics, rising government investments in Africa and Latin America, and expansion of regional port operators.

IMPACT Of COVID-19

The COVID-19 pandemic significantly impacted the marine port services market in 2020 and 2021. The global economy suffered severe disruptions, resulting in a significant decline in international trade. Due to low demand for transportation, liner firms suspended certain routes to save money. However, the steps implemented by governments and companies helped improve port operations and services. In response, key players shifted their focus toward enhancing port operations, increasing automation and digitization in marine ports, and improving logistic-related services to adapt to the changing market landscape.

Market Dynamics

Market Drivers

Growth  in Maritime Trade and Transportation Sector To Propel Market Growth

The maritime sector plays a crucial role in the growth of the global economy. The market for marine port services is expected to expand due to the increase in global maritime trade. As per the United Nations Conference on Trade and Development (UNCTAD), approximately 80% of the world's trade volume is transported by sea and managed through ports globally.

Get comprehensive study about this report by, Download free sample copy

The graph above represents the variations in seaborne trade growth from 2000 to 2024, showing fluctuations in annual percentage changes. The data shows periods of both strong growth and decline, reflecting economic and global events. Growth rates ranged from a peak of 8.54% in 2010 to a low of -3.99% in 2005. Overall, the trend indicates resilience, with a positive growth rate of 2.87% in 2024.

As international trade expands, ports remain important for facilitating the movement of goods across countries. Growth in the maritime trade and transportation sector is expected to increase demand for port services such as terminal handling, chain and logistics solutions, cargo handling, and warehousing. Additionally, the rapid rise in containerized cargo is increasing the need for container handling services, further driving market growth. According to UNCTAD, the global maritime trade increased by 2.4% in 2023, following a contraction in 2022. The industry is projected to grow by 2% in 2024 and maintain an average growth rate of 2.4% by 2029. Therefore, the increase in maritime trade is expected to surge the demand for container handling, logistics, and port infrastructure upgrades to accommodate rising cargo volumes and larger vessels. The rising shipping demand, rapid expansion of the maritime sector, and increasing investments from governments in maritime projects are expected to propel the marine port service market growth.

Market Restraints

Stringent Regulations by Several Regulatory Authorities to Restrict the Market Growth of Marine Port Services

Ports are often located in ecologically sensitive areas, making this industry subject to increasing scrutiny over its environmental impact. Stricter regulations related to emissions, ballast, and other environmental concerns can lead to significant compliance costs for port operators. Other factors, such as air and water pollution and habitat disruption, can slow the port expansion process and hinder marine port services market growth.

Some regulatory developments were imposed, such as the International Maritime Organization (IMO) 2020 regulation and the International Chamber of Shipping to reduce carbon footprints from shipping. Moreover, in July 2023 (MEPC 80) IMO adopted the 2023 IMO Strategy on reduction of GHG emissions from ships. This strategy requires shipping companies to transition to cleaner fuels to reduce emissions. A global shift toward a cleaner and greener maritime sector is underway, impacting the shipping industry. Tightening international marine environmental regulations regarding greenhouse gas emissions, sulfur emissions, and ship recycling, are expected to restrain market growth.

Marine Port Services Market Trends

Growing Focus on Reducing Emissions and Greener Ships is a Prominent Trend

Ports are increasingly adopting sustainable practices and green technologies such as shore power for vessels, renewable energy sources, and equipment to comply with eco-friendly regulations.

• For instance, in September 2023, a plan for the first-ever Trans-Pacific Green Shipping Corridor was unveiled by the Ports of Los Angeles, Shanghai, Port of Long Beach, and some of the world’s largest ocean carriers such as CMA CGM, COSCO Shipping Lines Co., Ltd., Maersk, and ONE. Other core partners include Shanghai International Port (Group) Co., Ltd., China Classification Society, and the Maritime Technology Cooperation Centre of Asia.

The corridor aims to accelerate emissions reductions along one of the world’s busiest container shipping routes by leveraging advanced technologies, decarbonization practices, and efficient management strategies to reduce carbon emissions in shipping and marine port services activities.

• Moreover, in April 2023, the Indian government launched an initiative for decarbonizing its 12 major ports under the Green Port Guidelines and broader sustainability initiatives. By the end of 2025, these ports aim to provide a complete shore-to-ship power supply to reduce air pollution caused by ships at berths. 
• Asia Pacific witnessed marine port services market growth from USD 28.96 Billion in 2023 to USD 30.36 Billion in 2024.

Such instances boost the marine port services market by driving demand for green technologies and infrastructure upgrades. This shift attracts environmentally conscious shipping companies and contributes to increasing port traffic.

Download Free sample to learn more about this report.

 The Green Alliance and Surfrider Europe Foundation launched the voluntary environmental certification program, Green Marine Europe Label, in 2020. The program encourages shipowners and shipping companies to reduce their environmental impact by controlling greenhouse gas emissions, oily discharges, and ship recycling. These measures aim to protect marine ecosystem, making their ports ai fashioned smart ship ports. In addition, governments globally are investing in green port initiatives and electric-powered equipment to reduce emissions. For instance, in January 2024, the U.K. Government allocated approximately USD 41.5 million (£33 million) to support the development of green ports, eco-friendly ships, and clean maritime technologies. 

These technological advancements are making marine ports more efficient, sustainable, and interconnected, allowing them to meet evolving demands and increase global trade and logistics.

SEGMENTATION ANALYSIS

By Service

To know how our report can help streamline your business, Speak to Analyst

Container Handling Services Dominates the Market Owing to Rising Demand from Several Sectors

Based on service, the market is segmented into container handling services, ship repair and maintenance services, navigation services, supply chain and logistics solution services, and mechanical and electrical engineering services.

The container handling services segment is the dominant and fastest-growing segment of the market owing to increased spending on improved and reliable container handling services for FMCG and other core industrial applications.

• For instance, in August 2022, Singapore announced a long-term project to strengthen Tuas Port's capabilities, expected to be completed over the next 20 years. The port is expected to handle 65 million TEU annually, nearly double the current volume. According to the plan, the Phase 1 operation of the Port of Tuas would include 21 deepwater berths capable of handling 20 million TEU per year when fully operational.
• The container handling services segment is expected to hold a 40.56% share in 2024.

Moreover, infrastructure upgrades and capacity expansion across various docks are improving efficiency and increasing cargo handling capacity.

• For instance, in September 2024, Adani Ports and DP World competed for a USD 8.5 million project to modernize and mechanize berths 7 and 8 at the Netaji Subhas Dock under the Kolkata Dock System. The project, developed under a PPP model, includes installing rail-mounted quay cranes to enhance container handling efficiency and expand capacity from 500,000 TEUs to 800,000 TEUs. These developments are anticipated to enhance port efficiency and capacity, attracting more cargo and shipping traffic, thereby driving the segment growth.

The ship repair and maintenance services segment will showcase significant growth from 2025 to 2032. The segment is expected to grow significantly during the marine port services market forecast period. Rising demand for aftermarket services for large vessels is expected to be a key driver of the global marine port services market during the forecast period.

The growing demand for advanced communication, end-to-end deliveries, and a significant rise in travel cycles have boosted the growth of other segments.

Marine Port Services Market Regional Outlook

By region, the market is studied across North America, Europe, Asia Pacific, and the Rest of the World.

Asia Pacific

To get more information on the regional analysis of this market, Download Free sample

Asia Pacific is anticipated to dominate and grow with the highest CAGR during the forecast period. The market for marine port services was valued at USD 30.36 billion in 2024 and is projected to reach USD 48.21 billion by the end of 2032. The growth of the marine-related industries in countries such as China and India is driving higher demand for port services,  propelling industry growth in the region.

• In February 2025, Adani Ports and Special Economic Zone (APSEZ) announced plans to triple its international operations by 2029-30 through a USD 3 billion investment which will target important regions such as Israel, Tanzania, and Sri Lanka. The company is expanding container-handling capacity from 600 MMT to 800 MMT. Additionally, APSEZ focuses on strategic acquisitions along vital trade corridors connecting India to Europe. This expansion is expected to increase cargo volumes, boost demand for various marine port services, and stimulate market growth in the region.

North America

The North American market will grow moderately owing to increasing maritime transport and key port infrastructure developments. An increase in maritime trade and strategic investments in infrastructure are some of the other factors that boost market growth. Los Angeles, Long Beach, New York/Newark, and Savannah are leading ports in this growth. These ports are investing heavily in automation and green infrastructure to enhance efficiency and reduce environmental impact. Countries in the region such as U.S. is experiencing infrastructure modernization, technological adoption, and federal investments which provides growth opportunities for the market. There is rise in focus on the expansion of ports in the country to increase its efficiency and competitiveness of the ports. For instance, in 2024, The Port of Virginia and the US Army Corps of Engineers signed an agreement to conduct the  financial investment in the construction effort to widen and deepen the commercial shipping channels and Norfolk Harbor. Such expansion will allow simultaneous two-way vessel traffic, reducing congestion and wait times. Moreover, it also increases the port’s cargo handling capacity and operational efficiency which is expected to increase the demand for marine port services.

Europe

Europe holds the second-largest market share and is estimated to grow notably owing to rising sea trade activities across the region. According to the European Commission, 74% of the goods entering the region are transported by sea. Moreover, Europe has significant port facilities to support the exchange of goods. In 2023, Ports handled over 1.6 billion tons of cargo, with significant contributions from liquid bulk, dry bulk, and containerized goods. In addition, there is a growing trend of ports evolving into energy hubs, supporting both conventional and renewable energy logistics, further driving growth in marine port services.

Rest of the World

The Rest of the World will also witness moderate growth during the forecast period, driven by the increased port activities and the expansion of e-commerce platforms in these regions. Emerging companies such as Hamburger Hafen Und Logistik and increased government expenditure on marine port infrastructure, are contributing to the sector’s expansion in Europe and other regions.

Competitive Landscape

Key Market Players

Higher Container Volume and Services Offerings by DP World Made It Dominating in the Market

DP World Ltd. is headquartered in Dubai, UAE, and operates 181 centers across 75 countries globally. The company specializes in cargo logistics, port terminal operations, maritime services, and free trade zones. DP World handles 70 million containers each year, delivered by approximately 70,000 vessels. Representing around 10 to 15% of the global container traffic handled. Other key players include PSA International, COSCO Shipping Ports Limited, Hutchison Port Holdings, and others. The market is highly competitive and fragmented, with numerous global and regional port operators, terminal operators, and logistics companies vying for marine port services market share. Companies in the market handles vast global network through its APM Terminals unit, managing ports and terminals worldwide. Moreover, companies pursue growth through mergers, acquisitions, contracts, and strategic alliances to expand service offerings and strengthen market position. For instance, in March 2025, DP World and Maersk signed an agreement together to expand maritime services at DP World’s terminal in the Port of Santos, Brazil.

LIST OF KEY MARINE PORT SERVICES COMPANIES PROFILED

• DP World Limited (UAE)
• PSA International (Singapore)
• COSCO Shipping Ports Limited (Hong Kong)
• Hutchison Port Holdings (Hong Kong)
• Hamburger Hafen Und Logistik AG (Germany)
• Shanghai International Port (Group) (China)
• International Container Terminal Services Inc. (Philippines)
• Ningbo Zhoushan Port Company Limited (China)
• China Merchants Port Holdings Company Limited (Hong Kong)
• Tianjin Port Development Holdings Ltd (Hong Kong)

KEY INDUSTRY DEVELOPMENTS

• January 2025- DP World signed MoUs worth USD 3 billion (INR 250 billion) with the Gujarat government to develop maritime and logistics infrastructure. These projects include multi-purpose deep-draft ports, special economic zones (SEZs), and cargo terminals across key locations in Gujarat.
• October 2024- COSCO SHIPPING Ports acquired stakes in two major terminals at Thailand's Laem Chabang Port, investing USD 110 million in Thai Laemchabang Terminal (TLT) and Hutchison Laemchabang Terminal (HLT). This acquisition includes berths with a potential annual capacity of 6.7 million TEUs once fully operational. This acquisition would significantly boost Laem Chabang Port's capacity and efficiency, solidifying its position as Thailand's main container hub.
• September 2023: International Container Terminal Services, Inc. (ICTSI) announced the ICTSI App to provide port users and businesses with real-time cargo visibility. The ICTSI App is a secure operative tool that enables port users and cargo owners to monitor the status of their shipments loaded and offloaded from a vessel and those hauled in or out of the port. The ICTSI App currently has around 29,000 users and will soon be available at other port locations.
• August 2023: HHLA PLT Italy, the multi-purpose terminal of Hamburger Hafen und Logistik AG (HHLA) in Trieste, Italy, welcomed the container shipping company Ocean Network Express (ONE). For the first time, ONE is calling Trieste as part of the Adriatic Israel Butterfly (AIB) service. This cooperation enhances HHLA PLT Italy’s connectivity to key markets, reinforcing its importance as an important hub in the Adriatic region.
• July 2023: International Container Terminal Services Inc. (ICTSI) received a 25-year contract to operate and develop a South African terminal handling Durban Container Terminal (DCT) Pier 2 in the Port of Durban. It handles 72% of the Port of Durban’s throughput and 46% of South Africa’s port traffic. The company planned to increase Pier 2’s capacity from 2 million twenty-foot equivalent units (TEUs) to 2.9 million TEUs.
• May 2023: Ningbo Zhoushan Port and Zhejiang Seaport signed a MoU with DP World, located in Dubai's Jebel Ali Free Trade Zone, to jointly develop comprehensive strategic cooperation in automotive logistics and services for the entire automotive industry chain.

REPORT COVERAGE

The global marine port services market report analyzes the market in-depth and highlights crucial aspects such as prominent companies, market segmentation, competitive landscape, and technology adoption. Besides this, the market analysis provides insights into the automotive temperature sensor market trends and highlights significant industry developments. In addition to the aspects mentioned earlier, the report encompasses several factors contributing to the automotive temperature sensor market growth over recent years. .

To gain extensive insights into the market, Download for Customization

REPORT SCOPE & SEGMENTATION