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Freight Forwarding-Global Market Insights and Sales Trends 2024

Freight Forwarding-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1823146

No of Pages : 110

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Synopsis

Freight forwarders, also known as non-vessel operating common carriers, are agents that arrange shipments for industries from manufacturers to the final destination. Forwarders have contracts with shipping line carriers to move cargo. This provides help them offer a secure network of movement of cargo at low prices.

The global Freight Forwarding market size is expected to reach US$ 559.6 million by 2029, growing at a CAGR of 5.5% from 2023 to 2029. The market is mainly driven by the significant applications of Freight Forwarding in various end use industries.

The expanding demands from the Airfreight Forwarding, Rail Freight Transportation and Sea Freight Forwarding,, are propelling Freight Forwarding market. Packaging, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Documentation segment is estimated at % CAGR for the next seven-year period.

Asia Pacific shows high growth potential for Freight Forwarding market, driven by demand from China, the second largest economy with some signs of stabilising, the Freight Forwarding market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.

Report Objectives

This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Freight Forwarding, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:

This report provides in-depth analysis of the global Freight Forwarding market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global Freight Forwarding market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Freight Forwarding sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of Freight Forwarding covered in this report include DSV, Deutsche Post DHL Group, Kuehne + Nagel, DB Schenker, Sinotrans, Expeditors International, NIPPON EXPRESS, UPS Supply Chain Solutions and Hellmann Worldwide Logistics, etc.

The global Freight Forwarding market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.

Market Segmentation

Company Profiles:

  • DSV
  • Deutsche Post DHL Group
  • Kuehne + Nagel
  • DB Schenker
  • Sinotrans
  • Expeditors International
  • NIPPON EXPRESS
  • UPS Supply Chain Solutions
  • Hellmann Worldwide Logistics
  • Panalpina
  • C.H. Robinson Worldwide
  • CJ Korea Express
  • DACHSER
  • Dimerco
  • GEODIS
  • Bollore Logistics

Global Freight Forwarding market, by region:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, UK, Italy, etc.)
  • Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
  • South America (Brazil, etc.)
  • Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Freight Forwarding market, Segment by Type:

  • Packaging
  • Documentation
  • Transportation and warehousing
  • VAS (Value-added services)

Global Freight Forwarding market, by Application

  • Airfreight Forwarding
  • Rail Freight Transportation
  • Sea Freight Forwarding

Core Chapters

Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Freight Forwarding companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion

Index

1 Market Overview of Freight Forwarding
1.1 Freight Forwarding Market Overview
1.1.1 Freight Forwarding Product Scope
1.1.2 Freight Forwarding Market Status and Outlook
1.2 Global Freight Forwarding Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Freight Forwarding Market Size by Region (2018-2029)
1.4 Global Freight Forwarding Historic Market Size by Region (2018-2023)
1.5 Global Freight Forwarding Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Freight Forwarding Market Size (2018-2029)
1.6.1 North America Freight Forwarding Market Size (2018-2029)
1.6.2 Europe Freight Forwarding Market Size (2018-2029)
1.6.3 Asia-Pacific Freight Forwarding Market Size (2018-2029)
1.6.4 Latin America Freight Forwarding Market Size (2018-2029)
1.6.5 Middle East & Africa Freight Forwarding Market Size (2018-2029)
2 Freight Forwarding Market by Type
2.1 Introduction
2.1.1 Packaging
2.1.2 Documentation
2.1.3 Transportation and warehousing
2.1.4 VAS (Value-added services)
2.2 Global Freight Forwarding Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Freight Forwarding Historic Market Size by Type (2018-2023)
2.2.2 Global Freight Forwarding Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Freight Forwarding Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Freight Forwarding Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Freight Forwarding Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Freight Forwarding Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Freight Forwarding Revenue Breakdown by Type (2018-2029)
3 Freight Forwarding Market Overview by Application
3.1 Introduction
3.1.1 Airfreight Forwarding
3.1.2 Rail Freight Transportation
3.1.3 Sea Freight Forwarding
3.2 Global Freight Forwarding Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Freight Forwarding Historic Market Size by Application (2018-2023)
3.2.2 Global Freight Forwarding Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Freight Forwarding Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Freight Forwarding Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Freight Forwarding Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Freight Forwarding Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Freight Forwarding Revenue Breakdown by Application (2018-2029)
4 Freight Forwarding Competition Analysis by Players
4.1 Global Freight Forwarding Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Freight Forwarding as of 2022)
4.3 Date of Key Players Enter into Freight Forwarding Market
4.4 Global Top Players Freight Forwarding Headquarters and Area Served
4.5 Key Players Freight Forwarding Product Solution and Service
4.6 Competitive Status
4.6.1 Freight Forwarding Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 DSV
5.1.1 DSV Profile
5.1.2 DSV Main Business
5.1.3 DSV Freight Forwarding Products, Services and Solutions
5.1.4 DSV Freight Forwarding Revenue (US$ Million) & (2018-2023)
5.1.5 DSV Recent Developments
5.2 Deutsche Post DHL Group
5.2.1 Deutsche Post DHL Group Profile
5.2.2 Deutsche Post DHL Group Main Business
5.2.3 Deutsche Post DHL Group Freight Forwarding Products, Services and Solutions
5.2.4 Deutsche Post DHL Group Freight Forwarding Revenue (US$ Million) & (2018-2023)
5.2.5 Deutsche Post DHL Group Recent Developments
5.3 Kuehne + Nagel
5.3.1 Kuehne + Nagel Profile
5.3.2 Kuehne + Nagel Main Business
5.3.3 Kuehne + Nagel Freight Forwarding Products, Services and Solutions
5.3.4 Kuehne + Nagel Freight Forwarding Revenue (US$ Million) & (2018-2023)
5.3.5 DB Schenker Recent Developments
5.4 DB Schenker
5.4.1 DB Schenker Profile
5.4.2 DB Schenker Main Business
5.4.3 DB Schenker Freight Forwarding Products, Services and Solutions
5.4.4 DB Schenker Freight Forwarding Revenue (US$ Million) & (2018-2023)
5.4.5 DB Schenker Recent Developments
5.5 Sinotrans
5.5.1 Sinotrans Profile
5.5.2 Sinotrans Main Business
5.5.3 Sinotrans Freight Forwarding Products, Services and Solutions
5.5.4 Sinotrans Freight Forwarding Revenue (US$ Million) & (2018-2023)
5.5.5 Sinotrans Recent Developments
5.6 Expeditors International
5.6.1 Expeditors International Profile
5.6.2 Expeditors International Main Business
5.6.3 Expeditors International Freight Forwarding Products, Services and Solutions
5.6.4 Expeditors International Freight Forwarding Revenue (US$ Million) & (2018-2023)
5.6.5 Expeditors International Recent Developments
5.7 NIPPON EXPRESS
5.7.1 NIPPON EXPRESS Profile
5.7.2 NIPPON EXPRESS Main Business
5.7.3 NIPPON EXPRESS Freight Forwarding Products, Services and Solutions
5.7.4 NIPPON EXPRESS Freight Forwarding Revenue (US$ Million) & (2018-2023)
5.7.5 NIPPON EXPRESS Recent Developments
5.8 UPS Supply Chain Solutions
5.8.1 UPS Supply Chain Solutions Profile
5.8.2 UPS Supply Chain Solutions Main Business
5.8.3 UPS Supply Chain Solutions Freight Forwarding Products, Services and Solutions
5.8.4 UPS Supply Chain Solutions Freight Forwarding Revenue (US$ Million) & (2018-2023)
5.8.5 UPS Supply Chain Solutions Recent Developments
5.9 Hellmann Worldwide Logistics
5.9.1 Hellmann Worldwide Logistics Profile
5.9.2 Hellmann Worldwide Logistics Main Business
5.9.3 Hellmann Worldwide Logistics Freight Forwarding Products, Services and Solutions
5.9.4 Hellmann Worldwide Logistics Freight Forwarding Revenue (US$ Million) & (2018-2023)
5.9.5 Hellmann Worldwide Logistics Recent Developments
5.10 Panalpina
5.10.1 Panalpina Profile
5.10.2 Panalpina Main Business
5.10.3 Panalpina Freight Forwarding Products, Services and Solutions
5.10.4 Panalpina Freight Forwarding Revenue (US$ Million) & (2018-2023)
5.10.5 Panalpina Recent Developments
5.11 C.H. Robinson Worldwide
5.11.1 C.H. Robinson Worldwide Profile
5.11.2 C.H. Robinson Worldwide Main Business
5.11.3 C.H. Robinson Worldwide Freight Forwarding Products, Services and Solutions
5.11.4 C.H. Robinson Worldwide Freight Forwarding Revenue (US$ Million) & (2018-2023)
5.11.5 C.H. Robinson Worldwide Recent Developments
5.12 CJ Korea Express
5.12.1 CJ Korea Express Profile
5.12.2 CJ Korea Express Main Business
5.12.3 CJ Korea Express Freight Forwarding Products, Services and Solutions
5.12.4 CJ Korea Express Freight Forwarding Revenue (US$ Million) & (2018-2023)
5.12.5 CJ Korea Express Recent Developments
5.13 DACHSER
5.13.1 DACHSER Profile
5.13.2 DACHSER Main Business
5.13.3 DACHSER Freight Forwarding Products, Services and Solutions
5.13.4 DACHSER Freight Forwarding Revenue (US$ Million) & (2018-2023)
5.13.5 DACHSER Recent Developments
5.14 Dimerco
5.14.1 Dimerco Profile
5.14.2 Dimerco Main Business
5.14.3 Dimerco Freight Forwarding Products, Services and Solutions
5.14.4 Dimerco Freight Forwarding Revenue (US$ Million) & (2018-2023)
5.14.5 Dimerco Recent Developments
5.15 GEODIS
5.15.1 GEODIS Profile
5.15.2 GEODIS Main Business
5.15.3 GEODIS Freight Forwarding Products, Services and Solutions
5.15.4 GEODIS Freight Forwarding Revenue (US$ Million) & (2018-2023)
5.15.5 GEODIS Recent Developments
5.16 Bollore Logistics
5.16.1 Bollore Logistics Profile
5.16.2 Bollore Logistics Main Business
5.16.3 Bollore Logistics Freight Forwarding Products, Services and Solutions
5.16.4 Bollore Logistics Freight Forwarding Revenue (US$ Million) & (2018-2023)
5.16.5 Bollore Logistics Recent Developments
6 North America
6.1 North America Freight Forwarding Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Freight Forwarding Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Freight Forwarding Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Freight Forwarding Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Freight Forwarding Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Freight Forwarding Market Dynamics
11.1 Freight Forwarding Industry Trends
11.2 Freight Forwarding Market Drivers
11.3 Freight Forwarding Market Challenges
11.4 Freight Forwarding Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List

Published By : QY Research

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