[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Freight Forwarding Market size & share revenue was valued at approximately USD 200 Billion in 2022 and is expected to reach USD 212 Billion in 2023 and is expected to reach around USD 320 Billion by 2032, at a CAGR of 5.5% between 2023 and 2032. The key market players listed in the report with their sales, revenues and strategies are DHL Global Forwarding, Kuehne + Nagel, DB Schenker, C.H. Robinson, Expeditors International of Washington, Panalpina, Nippon Express, DSV Panalpina, UPS Supply Chain Solutions, Sinotrans, and others.
Austin, TX, USA, Nov. 16, 2023 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Freight Forwarding Market Size, Trends and Insights By Service Type (Air Freight, Ocean Freight, Road Freight, Rail Freight), By End-User (Manufacturing and Automotive, Oil and Gas, Healthcare, Retail, Food and Beverage, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” in its research database.
“According to the latest research study, the demand of global Freight Forwarding Market size & share was valued at approximately USD 200 Billion in 2022 and is expected to reach USD 212 Billion in 2023 and is expected to reach a value of around USD 320 Billion by 2032, at a compound annual growth rate (CAGR) of about 5.5% during the forecast period 2023 to 2032.”
Click Here to Access a Free Sample Report of the Global Freight Forwarding Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=33865
Freight Forwarding Market: Growth Factors and Dynamics:
- Key Enabler of Global Trade: The freight forwarding industry is an indispensable player in the global trade landscape, serving as a crucial link between manufacturers, suppliers, and consumers across the world.
- Multimodal Solutions: Freight forwarders provide multimodal transportation solutions, combining air, ocean, road, and rail freight to optimize the efficiency and cost-effectiveness of moving goods.
- Supply Chain Efficiency: The industry’s focus on supply chain optimization enhances the timely delivery of goods and minimizes transportation costs, driving its growth.
- Technological Advancements: The integration of cutting-edge technology solutions, including IoT, AI, and blockchain, is revolutionizing supply chain visibility and improving operational efficiency.
- Sustainability Initiatives: Environmental sustainability is gaining prominence, leading to innovations in sustainable logistics practices and the adoption of cleaner transportation options.
- Customized Logistics Solutions: Freight forwarders tailor their services to meet the specific needs of diverse industries, such as automotive, retail, and healthcare, contributing to their relevance and growth.
- Global Trade Agreements: Evolving trade agreements and regulations influence global trade patterns, presenting opportunities and challenges for the industry.
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Report Scope
| Feature of the Report | Details |
| Market Size in 2023 | USD 212 Billion |
| Projected Market Size in 2032 | USD 320 Billion |
| Market Size in 2022 | USD 200 Billion |
| CAGR Growth Rate | 5.5% CAGR |
| Base Year | 2022 |
| Forecast Period | 2023-2032 |
| Key Segment | By Service Type, End-User and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
(A free sample of the Freight Forwarding report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2023
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Freight Forwarding report has been modified to include the COVID-19 impact study prior to delivery.)
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Freight Forwarding Market: COVID-19 Analysis
- Resilience and Adaptation: The COVID-19 pandemic demonstrated the industry’s resilience as it swiftly adapted to changing market dynamics, including restrictions, lockdowns, and fluctuating demand.
- Pandemic-Induced Changes: The pandemic expedited the adoption of digital solutions, contactless interactions, and remote logistics management, ushering in an era of enhanced efficiency.
- E-commerce Boost: E-commerce flourished during the pandemic, creating a surge in demand for effective last-mile delivery and cross-border transportation services, bolstering the freight forwarding sector.
- Supply Chain Optimization: Companies refocused on supply chain resilience, prompting a review of supply chain strategies and the role of freight forwarders in ensuring smooth operations.
- Health and Safety Priority: Occupational health and safety measures gained prominence to ensure the well-being of the workforce, fostering a secure and efficient working environment.
- Environmental Considerations: Sustainability remained a core concern, pushing the industry towards sustainable practices, alternative fuels, and eco-friendly transportation modes.
- Quality Assurance: The industry upheld stringent quality standards, ensuring that transported goods maintained their integrity and quality, even under challenging circumstances.
- Regulatory Compliance: Adherence to evolving regulations governing international trade and logistics was crucial, facilitating smooth cross-border operations.
- Consumer Safety: Ensuring that transported goods posed no health risks to consumers became a critical aspect, aligning with the industry’s commitment to responsible operations.
- Responsible Waste Management: Proper waste management practices were reinforced, minimizing the environmental impact of logistics operations and contributing to sustainability objectives.
- Environmental Awareness: Environmental regulations and the push for more eco-friendly practices continued to guide the industry’s sustainability efforts and operations.
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Key questions answered in this report:
- What is the size of the Freight Forwarding market and what is its expected growth rate?
- What are the primary driving factors that push the Freight Forwarding market forward?
- What are the Freight Forwarding Industry’s top companies?
- What are the different categories that the Freight Forwarding Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Freight Forwarding market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2023−2032
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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List of the prominent players in the Freight Forwarding Market:
- DHL Global Forwarding
- Kuehne + Nagel
- DB Schenker
- H. Robinson
- Expeditors International of Washington
- Panalpina
- Nippon Express
- DSV Panalpina
- UPS Supply Chain Solutions
- Sinotrans
- Others
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(We customized your report to meet your specific research requirements. Inquire with our sales team about customizing your report.)
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Browse the full “Freight Forwarding Market Size, Trends and Insights By Service Type (Air Freight, Ocean Freight, Road Freight, Rail Freight), By End-User (Manufacturing and Automotive, Oil and Gas, Healthcare, Retail, Food and Beverage, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” Report at https://www.custommarketinsights.com/report/freight-forwarding-market/
Freight Forwarding Market – Regional Analysis
North America:
- North America, led by the United States, benefits from its mature logistics infrastructure and international trade relationships.
- The region has a diverse range of end-users, from manufacturing to healthcare, contributing to market growth.
- Technological advancements and investments in transportation networks drive the industry’s development.
Europe:
- Europe has a robust road and rail network, making it a vital part of global logistics.
- The region’s diverse industries, including automotive, manufacturing, and healthcare, rely on efficient freight services.
- Strict regulatory compliance and environmental concerns influence the choice of transport modes.
Asia-Pacific:
- Asia-Pacific, led by China, is a thriving hub for global trade, with substantial manufacturing and e-commerce industries.
- The region’s rapid economic growth creates a growing demand for efficient and cost-effective freight services.
- Infrastructure development and technology integration are key drivers in the Asia-Pacific market.
Latin America:
- In Latin America, countries like Brazil and Mexico are expanding their global trade networks.
- Growth is driven by increased manufacturing and exports, especially in the automotive and agriculture sectors.
- Challenges include regulatory complexities and infrastructure limitations.
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The Freight Forwarding Market is segmented as follows:
By Service Type
- Air Freight
- Ocean Freight
- Road Freight
- Rail Freight
By End-User
- Manufacturing and Automotive
- Oil and Gas
- Healthcare
- Retail
- Food and Beverage
- Others
By Mode of Transport
- Land Freight Forwarding
- Sea Freight Forwarding
- Air Freight Forwarding
By Customer Type
- B2B
- B2C
Click Here to Get a Free Sample Report of the Global Freight Forwarding Market @ https://www.custommarketinsights.com/report/freight-forwarding-market/
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Freight Forwarding Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Freight Forwarding Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Freight Forwarding Market? What Was the Capacity, Production Value, Cost and PROFIT of the Freight Forwarding Market?
- What Is the Current Market Status of the Freight Forwarding Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of Freight Forwarding Market by Considering Applications and Types?
- What Are Projections of the Global Freight Forwarding Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Freight Forwarding Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Freight Forwarding Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Freight Forwarding Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Freight Forwarding Industry?
Click Here to Access a Free Sample Report of the Global Freight Forwarding Market @ https://www.custommarketinsights.com/report/freight-forwarding-market/
Reasons to Purchase Freight Forwarding Market Report
- Freight Forwarding Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Freight Forwarding Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Freight Forwarding Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Freight Forwarding Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Freight Forwarding market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
Buy this Premium Freight Forwarding Research Report | Fast Delivery Available – [220+ Pages] @ https://www.custommarketinsights.com/report/freight-forwarding-market/
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Freight Forwarding market analysis.
- The competitive environment of current and potential participants in the Freight Forwarding market is covered in the report, as well as those companies’ strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Freight Forwarding market should find this report useful. The research will be useful to all market participants in the Freight Forwarding industry.
- Managers in the Freight Forwarding sector are interested in publishing up-to-date and projected data about the worldwide Freight Forwarding market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Freight Forwarding products’ market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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About Custom Market Insights:
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