The Latest Released Global Freight Forwarding market study offers a critical assessment of key growth dynamics, emerging avenues, investment trends in key regional markets, and the competitive landscape in various regions, and strategies of top players. The assessments also offer insight into the share and size of various segments in the Global Freight Forwarding market.
Major Players in This Report Include
Kuehne + Nagel [Switzerland], DHL Group [Germany], DB Schenker Logistics [Germany], C.H.Robinson [United States], CEVA Logistics [United Kingdom], DACHSER Germany), GEODIS [France], DSV [Denmark], Sinotrans Limited (China), Panalpina [Switzerland], Expeditors [United States], Nippon Express [Japan], Pantos Logistics [South Korea] and Agility Logistics [Switzerland]
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Brief Overview on Global Freight Forwarding
Freight transportation can be defined as all activities to move commodities. These activities include transportation by trucks, aircraft, ships, barges, railways, and related logistics activities such as handling and storage. According to the expertise, “Ocean Freight Forwarding to witness high growth through the forecast period. the Ocean Freight Forwarding market size will reach USD 152145 million by 2025, from USD 99800 million in 2019.” In 2019, the total mail volume delivered by the United States postal service alone was over 142.5 Billion units. The export value of U.S.-NAFTA air freight flows in 2019 amounted to almost 21.8 US Dollars. According to American trucking associations, “Truck moved almost 11 Billion tons for freight in 2017.” The booming e-commerce market and the growth in international trade volumes is a major driver for the freight forwarding market. New trade corridors between Asia and Africa, Asia, and South America and within Asia will re-chart global supply chains. Trade volumes will shift towards emerging markets and least developed countries will take their first steps into the global marketplace. Emerging markets provide outstanding opportunities for logistics service providers, both in terms of overall growth rates and in response to rapidly changing market trends. The impact of Covid-19 has amplified pre-existing troubles in freight forwarding. According to reserch, global freight forwarding market could contract by 7.5% in 2020 as a result of the crisis.
The Global Freight Forwarding Market segments and Market Data Break Down are illuminated below:
Application (Industrial and Manufacturing, Retail, Healthcare, Media & Entertainment, Military, Oil & Gas, Food & Beverages, Others (Agro Commodities, Government and Public Utilities, & Fertilizer, Jewelry, etc.)), Services (Freight Transportation, Warehousing, Documentation, Packaging, Insurance, Others (Value Added Services – Custom Clearance, Inventory Management etc.)), Logistics Model (First Party Logistics, Second Party Logistics, Third-Party Logistics), Type of Freight Forwarders (Consolidators, Multimodal transport operator, Customer Broker, Port Agent, Air Freight Agent, Loading Brokers, Others), Mode of Transportation (Road, Waterways, Rail, Air), Customer Type (B2C, B2B)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Freight Forwarding Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Freight Forwarding market
Chapter 2: Exclusive Summary – the basic information of the Global Freight Forwarding Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Freight Forwarding
Chapter 4: Presenting the Global Freight Forwarding Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2014-2019
Chapter 6: Evaluating the leading manufacturers of the Global Freight Forwarding market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2020-2025)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Global Freight Forwarding Market is a valuable source of guidance for individuals and companies in their decision framework.
Data Sources & Methodology
The primary sources involves the industry experts from the Global Freight Forwarding Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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