Global shipping logistics market to reach $13.9 trillion by 2035: New opportunities and challenges for Australian resource exports and supply chains
The global shipping logistics market is expected to reach $13.9 trillion by 2035, with a compound annual growth rate of 4.9%. The Asia-Pacific region accounts for 39% of demand. As a major resource exporter and a trade hub in the Asia-Pacific, Australia’s port efficiency, logistics digitalization, and green transformation will profoundly impact the competitiveness of the mining industry and international trade. This article provides an in-depth analysis of market trends, industry impacts, and investment opportunities from the perspective of Australian business and resource economics.