A winning Freight Forwarding Market report is an established source of information that presents with a telescopic view of the current market trends, situations, opportunities and status. This report helps clients recognize new opportunities and most important customers for their business growth and increased revenue. Moreover, the trends in consumer and supply chain dynamics are also recognized and then accordingly strategies about marketing, promotion and sales are interpreted for an extreme success. The report gives details about the top players and brands that are driving the market. The current market scenario and future prospects of the sector have also been examined in the comprehensive Freight Forwarding Marketing report.
Simplicity maintained in research method and application of best tools and techniques makes Freight Forwarding Market research report an exceptional. This market report provides an ideal window to the industry which explains what market definition, classifications, applications, engagements and market trends are. The report also gives description about the complete market analysis with inputs from industry experts. A market research analysis and estimations carried out in the credible Freight Forwarding Market report aids businesses in gaining knowledge about what is already there in the market, what market looks forward to, the competitive background and steps to be followed for outdoing the rivals.
Data Bridge Market Research analyses that the global freight forwarding market is expected to reach USD 14,461.05 million by 2030, from USD 8,353.8 million in 2022 and is expected to undergo a CAGR of 7.1% during the forecast period of 2023 to 2030. “
Explore Further Details about This Research Freight Forwarding Market Report https://www.databridgemarketresearch.com/reports/global-freight-forwarding-market
Freight Forwarding Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015-2020) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | Service Type (Freight Transportation, Warehousing, Documentation, Packaging, Insurance, Others), Mode of Transportation (Road, Waterways, Rail, Air), Logistics Model (First Party Logistics, Second Party Logistics, Third Party Logistics), Customer Type (B2C, B2B), Application (Industrial and Manufacturing, Retail, Healthcare, Media and Entertainment, Military, Oil and Gas, Food and Beverages, Others) |
Countries Covered | U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) |
Market Players Covered | Agility (Kuwait), DHL International GmbH. (Germany), DSV (Denmark), Expeditors International of Washington, Inc. (U.S.), CEVA Logistics (U.K.), DB Schenker (Germany), Kuehne + Nagel (Switzerland), Bolloré Logistics (France), PANALPINA WORLD TRANSPORT (HOLDING) LTD. (Switzerland), Sinotrans India Private Limited (India), CMA CGM (France), C.H. Robinson Worldwide, Inc. (U.S.), Nippon Express (Japan), Dachser (Germany), DIMERCO (India), CJ Logistics Corporation (South Korea), Hellmann Worldwide Logistics (Germany) and GEODIS. (France), among others |
Market Opportunities |
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Market Definition
Freight forwarding is a business that establishes shipments for personnel or corporations to get goods from the manufacturer to a customer or a final distribution point. Freight forwarders customize to reduce expenses and aiding the logistics of transportation.
Global Freight Forwarding Market Dynamics
Drivers
- Rise in Logistics Services
The increased need for less expensive shipping, the capability to recognize the consumer’s demands, and reply rapidly with logistics services is one of the major factors driving the growth of the freight forwarding market. Furthermore, an increase in the trade agreements between nations also aid in the rising in the growth of the freight forwarding market.
- Growth in E-Commerce Sector
The swift growth and growing of acceptance of e-commerce across the globe owing to the increased purchasing capabilities of the population accelerate the market growth. The increase in the incidences of inter-country trade and the rising need for low-cost trade solutions from several users assist in expanding the market.
- Increase in Warehouses
The surge in warehouse developments in the advancing countries further influences the market. The rise in need from the manufacturing industry for supply and demand chains has a positive impact on the growth of the market.
In addition, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the freight forwarding market.
Opportunity
- Rise in intermodal freight transportation
Furthermore, the rise in intermodal freight transportation and technological developments in freight forwarding solutions extend profitable opportunities to the market players in the forecast period of 2023 to 2030. Also, increase in the cargo volume will further expand the market.
What insights readers can gather from the Freight Forwarding Market report?
- Learn the behavior pattern of every Freight Forwarding Market -product launches, expansions, collaborations and acquisitions in the market currently.
- Examine and study the progress outlook of the global Freight Forwarding Market landscape, which includes, revenue, production & consumption and historical & forecast.
- Understand important drivers, restraints, opportunities and trends (DROT Analysis).
- Important trends, such as carbon footprint, R&D developments, prototype technologies, and globalization.
Why choose Data Bridge Market Research?
- Modern technologies, such as artificial intelligence, to provide updated industry growth.
- DBMR team provides clients with the top notch Freight Forwarding Market research report.
- Interaction with research scientists and development heads to understand the nature of the Freight Forwarding Market more precisely.
- 24/7 availability of services.
- Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Freight Forwarding Market size
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