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Global Freight Forwarding Services Market 2024 by Company, Regions, Type and Application, Forecast to 2029
Synopsis
The global Freight Forwarding Services market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period.
Freight forwarding service is an agency that takes on the responsibility of the movement of cargo on behalf of the owner or the exporter or importer of the goods. The freight forwarder does not really move the freight itself, but acts as an intermediary between the company shipping the goods and the logistics and transportation services such as trucking, moving freight by land or by the ocean, or by air. Freight forwarders specialize in a number of areas such as arranging for transport of shipment from one place to another, storage, preparation for shipping, warehousing, documentation, booking spaces for the cargo, negotiating prices, cargo insurance, filing insurance claims, freight consolidation, and deconsolidation and collection services. Many exporters who pick freight forwarding services do so to delegate the task of export documentation and shipping requirements as the forwarder has the expertise to advise and assists their clients in the most efficient way to move their goods from one destination to another. Exporters often find that the extensive knowledge of the forwarder in the regulations, documentation, transportation costs, exporting process, and negotiation works out to be more economical than any other method of exporting their goods. Therefore although a freight forwarder is not mandatory for exporting or importing goods, it is their expertise in the process and navigating through the regulations that cut downtime and costs for exporters. Also, freight forwarders work with a well-knit network of logistics partners such as shipping companies and agents involved with customs and documentation who ease the process and move the shipment through as fast as possible. This means an International freight forwarder is an indispensable partner for any company that deals with the export or import of goods across the globe. They are all the more important for businesses when their in-house resources are not adept in shipping internationally or know the procedures.
The Global Info Research report includes an overview of the development of the Freight Forwarding Services industry chain, the market status of Automobile Traffic (Warehouse Planning, Cargo Insurance), Chemicals (Warehouse Planning, Cargo Insurance), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Freight Forwarding Services.
Regionally, the report analyzes the Freight Forwarding Services markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Freight Forwarding Services market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Freight Forwarding Services market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Freight Forwarding Services industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Warehouse Planning, Cargo Insurance).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Freight Forwarding Services market.
Regional Analysis: The report involves examining the Freight Forwarding Services market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Freight Forwarding Services market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Freight Forwarding Services:
Company Analysis: Report covers individual Freight Forwarding Services players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Freight Forwarding Services This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automobile Traffic, Chemicals).
Technology Analysis: Report covers specific technologies relevant to Freight Forwarding Services. It assesses the current state, advancements, and potential future developments in Freight Forwarding Services areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Freight Forwarding Services market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Freight Forwarding Services market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Warehouse Planning
Cargo Insurance
Customs Brokerage
Air Freight Forwarding
Sea Freight Forwarding
Road Freight Forwarding
Rail Freight Forwarding
Multi-Modal Freight Forwarding
Market segment by Application
Automobile Traffic
Chemicals
Consumer Products
Other
Market segment by players, this report covers
Sinotrans
Kuhne + Nagel
DHL Global Forwarding
DSV Global Transport and Logistics
DB Schenker
C.H. Robinson
Kerry Logistics
Expeditors
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Freight Forwarding Services product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Freight Forwarding Services, with revenue, gross margin and global market share of Freight Forwarding Services from 2018 to 2023.
Chapter 3, the Freight Forwarding Services competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Freight Forwarding Services market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Freight Forwarding Services.
Chapter 13, to describe Freight Forwarding Services research findings and conclusion.
The global Freight Forwarding Services market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period.
Freight forwarding service is an agency that takes on the responsibility of the movement of cargo on behalf of the owner or the exporter or importer of the goods. The freight forwarder does not really move the freight itself, but acts as an intermediary between the company shipping the goods and the logistics and transportation services such as trucking, moving freight by land or by the ocean, or by air. Freight forwarders specialize in a number of areas such as arranging for transport of shipment from one place to another, storage, preparation for shipping, warehousing, documentation, booking spaces for the cargo, negotiating prices, cargo insurance, filing insurance claims, freight consolidation, and deconsolidation and collection services. Many exporters who pick freight forwarding services do so to delegate the task of export documentation and shipping requirements as the forwarder has the expertise to advise and assists their clients in the most efficient way to move their goods from one destination to another. Exporters often find that the extensive knowledge of the forwarder in the regulations, documentation, transportation costs, exporting process, and negotiation works out to be more economical than any other method of exporting their goods. Therefore although a freight forwarder is not mandatory for exporting or importing goods, it is their expertise in the process and navigating through the regulations that cut downtime and costs for exporters. Also, freight forwarders work with a well-knit network of logistics partners such as shipping companies and agents involved with customs and documentation who ease the process and move the shipment through as fast as possible. This means an International freight forwarder is an indispensable partner for any company that deals with the export or import of goods across the globe. They are all the more important for businesses when their in-house resources are not adept in shipping internationally or know the procedures.
The Global Info Research report includes an overview of the development of the Freight Forwarding Services industry chain, the market status of Automobile Traffic (Warehouse Planning, Cargo Insurance), Chemicals (Warehouse Planning, Cargo Insurance), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Freight Forwarding Services.
Regionally, the report analyzes the Freight Forwarding Services markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Freight Forwarding Services market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Freight Forwarding Services market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Freight Forwarding Services industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Warehouse Planning, Cargo Insurance).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Freight Forwarding Services market.
Regional Analysis: The report involves examining the Freight Forwarding Services market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Freight Forwarding Services market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Freight Forwarding Services:
Company Analysis: Report covers individual Freight Forwarding Services players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Freight Forwarding Services This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automobile Traffic, Chemicals).
Technology Analysis: Report covers specific technologies relevant to Freight Forwarding Services. It assesses the current state, advancements, and potential future developments in Freight Forwarding Services areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Freight Forwarding Services market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Freight Forwarding Services market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Warehouse Planning
Cargo Insurance
Customs Brokerage
Air Freight Forwarding
Sea Freight Forwarding
Road Freight Forwarding
Rail Freight Forwarding
Multi-Modal Freight Forwarding
Market segment by Application
Automobile Traffic
Chemicals
Consumer Products
Other
Market segment by players, this report covers
Sinotrans
Kuhne + Nagel
DHL Global Forwarding
DSV Global Transport and Logistics
DB Schenker
C.H. Robinson
Kerry Logistics
Expeditors
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Freight Forwarding Services product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Freight Forwarding Services, with revenue, gross margin and global market share of Freight Forwarding Services from 2018 to 2023.
Chapter 3, the Freight Forwarding Services competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Freight Forwarding Services market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Freight Forwarding Services.
Chapter 13, to describe Freight Forwarding Services research findings and conclusion.
Index1 Market Overview
1.1 Product Overview and Scope of Freight Forwarding Services
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Freight Forwarding Services by Type
1.3.1 Overview: Global Freight Forwarding Services Market Size by Type: 2018 Versus 2022 Versus 2029
1.3.2 Global Freight Forwarding Services Consumption Value Market Share by Type in 2022
1.3.3 Warehouse Planning
1.3.4 Cargo Insurance
1.3.5 Customs Brokerage
1.3.6 Air Freight Forwarding
1.3.7 Sea Freight Forwarding
1.3.8 Road Freight Forwarding
1.3.9 Rail Freight Forwarding
1.3.10 Multi-Modal Freight Forwarding
1.4 Global Freight Forwarding Services Market by Application
1.4.1 Overview: Global Freight Forwarding Services Market Size by Application: 2018 Versus 2022 Versus 2029
1.4.2 Automobile Traffic
1.4.3 Chemicals
1.4.4 Consumer Products
1.4.5 Other
1.5 Global Freight Forwarding Services Market Size & Forecast
1.6 Global Freight Forwarding Services Market Size and Forecast by Region
1.6.1 Global Freight Forwarding Services Market Size by Region: 2018 VS 2022 VS 2029
1.6.2 Global Freight Forwarding Services Market Size by Region, (2018-2029)
1.6.3 North America Freight Forwarding Services Market Size and Prospect (2018-2029)
1.6.4 Europe Freight Forwarding Services Market Size and Prospect (2018-2029)
1.6.5 Asia-Pacific Freight Forwarding Services Market Size and Prospect (2018-2029)
1.6.6 South America Freight Forwarding Services Market Size and Prospect (2018-2029)
1.6.7 Middle East and Africa Freight Forwarding Services Market Size and Prospect (2018-2029)
2 Company Profiles
2.1 Sinotrans
2.1.1 Sinotrans Details
2.1.2 Sinotrans Major Business
2.1.3 Sinotrans Freight Forwarding Services Product and Solutions
2.1.4 Sinotrans Freight Forwarding Services Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Sinotrans Recent Developments and Future Plans
2.2 Kuhne + Nagel
2.2.1 Kuhne + Nagel Details
2.2.2 Kuhne + Nagel Major Business
2.2.3 Kuhne + Nagel Freight Forwarding Services Product and Solutions
2.2.4 Kuhne + Nagel Freight Forwarding Services Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Kuhne + Nagel Recent Developments and Future Plans
2.3 DHL Global Forwarding
2.3.1 DHL Global Forwarding Details
2.3.2 DHL Global Forwarding Major Business
2.3.3 DHL Global Forwarding Freight Forwarding Services Product and Solutions
2.3.4 DHL Global Forwarding Freight Forwarding Services Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 DHL Global Forwarding Recent Developments and Future Plans
2.4 DSV Global Transport and Logistics
2.4.1 DSV Global Transport and Logistics Details
2.4.2 DSV Global Transport and Logistics Major Business
2.4.3 DSV Global Transport and Logistics Freight Forwarding Services Product and Solutions
2.4.4 DSV Global Transport and Logistics Freight Forwarding Services Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 DSV Global Transport and Logistics Recent Developments and Future Plans
2.5 DB Schenker
2.5.1 DB Schenker Details
2.5.2 DB Schenker Major Business
2.5.3 DB Schenker Freight Forwarding Services Product and Solutions
2.5.4 DB Schenker Freight Forwarding Services Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 DB Schenker Recent Developments and Future Plans
2.6 C.H. Robinson
2.6.1 C.H. Robinson Details
2.6.2 C.H. Robinson Major Business
2.6.3 C.H. Robinson Freight Forwarding Services Product and Solutions
2.6.4 C.H. Robinson Freight Forwarding Services Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 C.H. Robinson Recent Developments and Future Plans
2.7 Kerry Logistics
2.7.1 Kerry Logistics Details
2.7.2 Kerry Logistics Major Business
2.7.3 Kerry Logistics Freight Forwarding Services Product and Solutions
2.7.4 Kerry Logistics Freight Forwarding Services Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Kerry Logistics Recent Developments and Future Plans
2.8 Expeditors
2.8.1 Expeditors Details
2.8.2 Expeditors Major Business
2.8.3 Expeditors Freight Forwarding Services Product and Solutions
2.8.4 Expeditors Freight Forwarding Services Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Expeditors Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Freight Forwarding Services Revenue and Share by Players (2018-2023)
3.2 Market Share Analysis (2022)
3.2.1 Market Share of Freight Forwarding Services by Company Revenue
3.2.2 Top 3 Freight Forwarding Services Players Market Share in 2022
3.2.3 Top 6 Freight Forwarding Services Players Market Share in 2022
3.3 Freight Forwarding Services Market: Overall Company Footprint Analysis
3.3.1 Freight Forwarding Services Market: Region Footprint
3.3.2 Freight Forwarding Services Market: Company Product Type Footprint
3.3.3 Freight Forwarding Services Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Freight Forwarding Services Consumption Value and Market Share by Type (2018-2023)
4.2 Global Freight Forwarding Services Market Forecast by Type (2024-2029)
5 Market Size Segment by Application
5.1 Global Freight Forwarding Services Consumption Value Market Share by Application (2018-2023)
5.2 Global Freight Forwarding Services Market Forecast by Application (2024-2029)
6 North America
6.1 North America Freight Forwarding Services Consumption Value by Type (2018-2029)
6.2 North America Freight Forwarding Services Consumption Value by Application (2018-2029)
6.3 North America Freight Forwarding Services Market Size by Country
6.3.1 North America Freight Forwarding Services Consumption Value by Country (2018-2029)
6.3.2 United States Freight Forwarding Services Market Size and Forecast (2018-2029)
6.3.3 Canada Freight Forwarding Services Market Size and Forecast (2018-2029)
6.3.4 Mexico Freight Forwarding Services Market Size and Forecast (2018-2029)
7 Europe
7.1 Europe Freight Forwarding Services Consumption Value by Type (2018-2029)
7.2 Europe Freight Forwarding Services Consumption Value by Application (2018-2029)
7.3 Europe Freight Forwarding Services Market Size by Country
7.3.1 Europe Freight Forwarding Services Consumption Value by Country (2018-2029)
7.3.2 Germany Freight Forwarding Services Market Size and Forecast (2018-2029)
7.3.3 France Freight Forwarding Services Market Size and Forecast (2018-2029)
7.3.4 United Kingdom Freight Forwarding Services Market Size and Forecast (2018-2029)
7.3.5 Russia Freight Forwarding Services Market Size and Forecast (2018-2029)
7.3.6 Italy Freight Forwarding Services Market Size and Forecast (2018-2029)
8 Asia-Pacific
8.1 Asia-Pacific Freight Forwarding Services Consumption Value by Type (2018-2029)
8.2 Asia-Pacific Freight Forwarding Services Consumption Value by Application (2018-2029)
8.3 Asia-Pacific Freight Forwarding Services Market Size by Region
8.3.1 Asia-Pacific Freight Forwarding Services Consumption Value by Region (2018-2029)
8.3.2 China Freight Forwarding Services Market Size and Forecast (2018-2029)
8.3.3 Japan Freight Forwarding Services Market Size and Forecast (2018-2029)
8.3.4 South Korea Freight Forwarding Services Market Size and Forecast (2018-2029)
8.3.5 India Freight Forwarding Services Market Size and Forecast (2018-2029)
8.3.6 Southeast Asia Freight Forwarding Services Market Size and Forecast (2018-2029)
8.3.7 Australia Freight Forwarding Services Market Size and Forecast (2018-2029)
9 South America
9.1 South America Freight Forwarding Services Consumption Value by Type (2018-2029)
9.2 South America Freight Forwarding Services Consumption Value by Application (2018-2029)
9.3 South America Freight Forwarding Services Market Size by Country
9.3.1 South America Freight Forwarding Services Consumption Value by Country (2018-2029)
9.3.2 Brazil Freight Forwarding Services Market Size and Forecast (2018-2029)
9.3.3 Argentina Freight Forwarding Services Market Size and Forecast (2018-2029)
10 Middle East & Africa
10.1 Middle East & Africa Freight Forwarding Services Consumption Value by Type (2018-2029)
10.2 Middle East & Africa Freight Forwarding Services Consumption Value by Application (2018-2029)
10.3 Middle East & Africa Freight Forwarding Services Market Size by Country
10.3.1 Middle East & Africa Freight Forwarding Services Consumption Value by Country (2018-2029)
10.3.2 Turkey Freight Forwarding Services Market Size and Forecast (2018-2029)
10.3.3 Saudi Arabia Freight Forwarding Services Market Size and Forecast (2018-2029)
10.3.4 UAE Freight Forwarding Services Market Size and Forecast (2018-2029)
11 Market Dynamics
11.1 Freight Forwarding Services Market Drivers
11.2 Freight Forwarding Services Market Restraints
11.3 Freight Forwarding Services Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
11.5 Influence of COVID-19 and Russia-Ukraine War
11.5.1 Influence of COVID-19
11.5.2 Influence of Russia-Ukraine War
12 Industry Chain Analysis
12.1 Freight Forwarding Services Industry Chain
12.2 Freight Forwarding Services Upstream Analysis
12.3 Freight Forwarding Services Midstream Analysis
12.4 Freight Forwarding Services Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Published By : GlobalInfoResearch
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