Freight Forwarding Market Dynamics and Developments by 2031

MARKET INTRODUCTION

Freight forwarding is the management and forwarding of shipments from origin to the final destination. A variety of modes of transportation can be utilized by a carrier to transfer these shipments, such as air, rail, road, and sea. High demand for low-cost shipping and growing global cross-border shipments are propelling the growth of the freight forwarding market.

MARKET DYNAMICS

Growth in international trade volumes coupled with the rising number of trade agreements, especially in the emerging economies is a key factor driving the freight forwarding market growth. Additionally, the booming e-commerce sector and other integrated services offered by freight forwarders such as packaging, insurance, documentation, and others also influence the growth of the freight forwarding market. Further, the increasing trend of intermodal freight transportation will further boost the freight forwarding market growth in the near future.

MARKET SCOPE

The "Global Freight Forwarding Market Analysis to 2031" is a specialized and in-depth study of the freight forwarding industry with a special focus on the global market trend analysis. The report aims to provide an overview freight forwarding market with detailed market segmentation as of service, mode of transportation, business function, end-user, and geography. The global freight forwarding market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading freight forwarding market players and offers key trends and opportunities in the freight forwarding market.

MARKET SEGMENTATION

The global freight forwarding market is segmented on the basis of service, mode of transportation, business function, end-user. On the basis of service the market is segmented as packaging, documentation, transportation and warehousing, VAS (value-added services). On the basis of mode of transportation the market is segmented as air, sea, road, rail. On the basis of business function the market is segmented as B2C, B2B. On the basis of end-user the market is segmented as manufacturing, retail and FMCG, healthcare, consumer appliances, textile, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Freight forwarding market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The freight forwarding market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting freight forwarding market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the freight forwarding market in these regions.

MARKET PLAYERS

The reports cover key developments in the freight forwarding market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from freight forwarding market are anticipated to lucrative growth opportunities in the future with the rising demand for freight forwarding in the global market. Below mentioned is the list of few companies engaged in the freight forwarding market.

The report also includes the profiles of key freight forwarding companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Bollor© Logistics
  
•   C.H. Robinson Worldwide, Inc.
  
•   CEVA Logistics
  
•   DB Schenker
  
•   DHL International GmbH
  
•   DSV Panalpina A/S
  
•   Expeditors International of Washington, Inc.
  
•   Kuehne + Nagel International AG
  
•   Nippon Express Co., Ltd.
  
•   United Parcel Service of America, Inc.
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Freight Forwarding Report Scope