Freight Forwarding Services Market, Global Outlook and Forecast 2023-2030
The global Freight Forwarding Services market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Sea Freight forwarder is an individual or company that acts as an intermediary and dispatches shipments via common sea carriers and makes all arrangements for those shipments on behalf of its clients. Sea Freight forwarders handle all the logistics needed and performs related activities pertaining to shipments.
The Sea Freight Forwarding market is very fragmented market; the revenue of top twenty-nine players accounts about 67% of the total revenue in 2016.
This report aims to provide a comprehensive presentation of the global market for Freight Forwarding Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Freight Forwarding Services. This report contains market size and forecasts of Freight Forwarding Services in global, including the following market information:
- Global Freight Forwarding Services Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global top five companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Full Container Load (FCL) Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Freight Forwarding Services include Kuehne + Nagel, DHL Group, Sinotrans, DB Schenker Logistics, GEODIS, Panalpina, DSV, Bollor? Logistics and Expeditors, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Freight Forwarding Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Freight Forwarding Services Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Freight Forwarding Services Market Segment Percentages, by Type, 2022 (%)
- Full Container Load (FCL)
- Less-than Container Load (LCL)
- Others
Global Freight Forwarding Services Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Freight Forwarding Services Market Segment Percentages, by Application, 2022 (%)
- Agricultural
- Automotive
- Beverage
- Electronic
- Others
Global Freight Forwarding Services Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Freight Forwarding Services Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Freight Forwarding Services revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Freight Forwarding Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Kuehne + Nagel
- DHL Group
- Sinotrans
- DB Schenker Logistics
- GEODIS
- Panalpina
- DSV
- Bollor? Logistics
- Expeditors
- Dachser
- Nippon Express
- CEVA Logistics
- Pantos Logistics
- Agility Logistics
- Hellmann
- Damco
- KWE
- Hitachi Transport
- UPS Supply Chain
- Sankyu
- Kerry Logistics
- Logwin
- CJ Korea Express
- C.H.Robinson
- Yusen Logistics
- NNR Global Logistics
- Dimerco
- Toll Holdings
- Pilot Freight Services
Outline of Major Chapters:
Chapter 1: Introduces the definition of Freight Forwarding Services, market overview.
Chapter 2: Global Freight Forwarding Services market size in revenue.
Chapter 3: Detailed analysis of Freight Forwarding Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Freight Forwarding Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
