Increasing Production and Global Trade of Passenger Cars Drives Growth in the Market

Global car Ro-Ro shipping service market was valued at $42.3 billion in 2024 and is projected to reach $74.3 billion by 2035, growing at a CAGR of 5.3% during the forecast period (2025–2035). The demand for Ro-Ro shipping is driven by the increased production and international trade of passenger vehicles and commercial vehicles. The manufacturers rely on Ro-Ro ships to ship huge quantities of finished vehicles globally. Ro-Ro (Roll-on/Roll-off) shipping solution is applicable to short-sea as well as deep-sea, with high capacity to handle international flows.

Browse the full report description of “Car Ro-Ro Shipping Service Market Size, Share & Trends Analysis Report by Type of Vessel (Pure Car Carrier, Large Car Carrier) by Application (Passenger Car, Commercial Vehicle) Forecast Period (2025-2035)” at https://www.omrglobal.com/industry-reports/car-ro-ro-shipping-service-market

According to the Indian Brand Equity Foundation (IBEF), in March 2025, the total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles was 24,76,915 units. Moreover, automobile exports from India surged by 19% to over 5.3 million units in the FY25, driven by strong demand for passenger vehicles, two-wheelers, and commercial vehicles in international markets.

Several leading automobile manufacturers use Car Ro-Ro (Roll-on/Roll-off) shipping services to transport their vehicles internationally. These companies utilize Ro-Ro ships since it is efficient, safe, and cost-saving for moving new passenger vehicles and commercial vehicles straight from factories to markets. Tesla used Ro-Ro ships extensively to ship vehicles such as the Model S and Model 3 from its factory in Shanghai to Europe, the Middle East, and Asia.

Recent Developments

• In June 2025, CEVA Logistics strengthened its presence in the finished vehicle logistics (FVL) market with the expansion of its deep-sea car carrier operations. The company introduced a new regular trade lane and expanded spot services connecting the Far East with Central and South America.

• In April 2025, BYD launched its RoRo car carrier, BYD Xi’an. The company also announced that its next newbuild, BYD Shenzhen, has embarked on its maiden voyage. Part of an eight-ship program worth CNY 5 billion ($687 million), these carriers can transport between 7,000 and 9,200 vehicles each.

• In March 2025, Wallenius Wilhelmsen renewed its shipping contract with a European-based automotive manufacturer, lasting five years. The contract has an estimated value of USD 380 million over the contract period.

Market Coverage

• The market number available for – 2024-2035
• Base year- 2024
• Forecast period- 2025-2035
• Segment Covered-
  • By Type of Vessel
  • Application
• Competitive Landscape - CEVA Logistics, Wallenius Wilhelmsen ASA, Höegh Autoliners, Hyundai Glovis Co., Ltd., Maersk, EUKOR Car Carriers Inc.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Car Ro-Ro Shipping ServiceMarket Report Segment

By Type of Vessel

• Pure Car Carrier (PCC)
• Large Car Carrier

By Application

• Passenger Car
• Commercial Vehicle

Global Car Ro-Ro Shipping Service Market Report Segment by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Russia
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Australia and New Zealand
• ASEAN Economies
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa

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