Freight Forwarding Market 2021 Global Trends, Share, Business Growth, Analysis, Opportunities and Forecast to 2027

Freight Forwarding Market was valued at US$ 180 Bn. in 2021. Global Freight Forwarding Market size is expected to grow at a CAGR of 3.4 % through the forecast period.

Freight Forwarding Market Overview:

Maximize Market Research performed extensive primary and secondary research to produce its report, which is titled Global Freight Forwarding Market by Manufacturers, Regions, Type, and Application, Forecast to 2027. The study looks at every significant aspect of the market, as well as its dynamic trends, business climate, and distinguishing traits. The global Freight Forwarding market was examined using this research methodology, and the findings were logically presented in this report.

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Market Scope:

Critical information and analytical insights are included in the global Freight Forwarding market research report to give readers a thorough understanding of the market's size, share, growth, trend, demand, top players and industry profiles, opportunities, value cycle, end users, technology, types, and application. The study will also provide stakeholders with access to micro-market investment prospects and a comprehensive analysis of the competitive environment and key rivals' product offerings.

The qualitative and quantitative data in the Freight Forwarding market analysis may help decision-makers identify important potential areas as well as market segments, geographies, and driving factors that are most likely to grow quickly. The report also looks at future market trends and the competitive environment of major industry players.

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Segmentation:

In 2021, the segment was dominated by ocean freight forwarding with a 43 percent share. During the forecast period, it is anticipated to expand at a CAGR of about 4.5 percent. Due to widespread use of the internet, rising living costs, infrastructure improvements (new ports, containers, and ships), and services best suited for the e-commerce market, the maritime freight forwarding industry is flourishing. Since air freight rates have increased, there is a greater demand for ocean freight forwarding. The industry leader, Kuehne + Nagel International, generated over US$ 28 billion through its operations in 2021.

Key Players:

• Agility
• Bolloré Logistics
• CEVA Logistics
• Sinotrans India Private Limited
• DB Schenker
• DHL Global Forwarding
• Imerco
• Dachser
• DSV Panalpina A/S
• Expeditors International
• Hellmann Worldwide Logistics
• Kuehne + Nagel International AG
• MGF (Manitoulin Global Forwarding)
• Nippon Express Co.
• UPS Supply Chain Solutions

The competitive environment is a critical element that all significant participants need to be aware of. Readers can understand competitiveness at both the domestic and international levels thanks to the research's illumination of the competitive environment of the global Freight Forwarding market. Production, product portfolio, and operational regions are all important variables. Additionally, key criteria such as firm size, market share, market growth, revenue, production volume, and profitability are used to evaluate the study's participants' companies.

The study emphasises the BCG matrix, heat map analysis, Competitive Benchmarking, SWOT analysis, player market share analysis, in-depth profiling, product/service, and business description in order to better correlate market competitiveness.

Regional Analysis:

You can better grasp the Freight Forwarding market in various regions thanks to the geographic analysis in our study. Anywhere, a multitude of factors, including politics, geography, and consumer tastes, have an impact on the Freight Forwarding market. The way the Freight Forwarding market is run has a big impact on the ambitions for local development. We swiftly outline each region's characteristics, market size, growth rate, imports, and exports in our research of North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report, which evaluated the domestic and international Freight Forwarding markets by examining market trends, significant opportunities, and factors that affect particular sectors, strategically presented the study's findings.

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Posted in News blogs on August 06 at 11:06 PM

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