Press release
Freight Forwarding Market Study by Dynamics, Opportunities and Driving Forces to 2032 | Leading Players: C.H. Robinson Worldwide, CEVA Logistics, CJ Korea Express
The Freight Forwarding market is expected to perform astoundingly well between the forecast years, predicts 𝗤𝘂𝗶𝗻𝗰𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀. The market's growth will be determined by the changing political scenario, initiating fast-paced trade. With qualitative and quantitative analysis, we help you with thorough and comprehensive research on the Freight Forwarding Market. We have also focused on SWOT, PESTLE, and Porter's Five Forces analyses of the Freight Forwarding Market.Analysis of the Freight Forwarding Market trend and marketing channels. The viability of new investment initiatives is then evaluated, and general study conclusions are presented. Along with the rise in production, the Freight Forwarding Market report also includes the market share attained by each product in the market.
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Freight forwarding is the process of organizing, coordinating, and shipping of goods from one place to another across international borders through a single or multiple carriers. The shipment of the goods occurs via air, land or sea. The company responsible for organizing the shipment is known as freight forwarder. Freight forwarders manage the risks and benefits of shipping both nationally and internationally by performing the required tasks such as freight rate negotiations, container tracking, customs documentation and freight consolidation.
Some of the Major Key players profiled in the study are C.H. Robinson Worldwide, CEVA Logistics, CJ Korea Express, DACHSER, Dimerco, DSV, Expeditors International, GEODIS, Hellmann Worldwide Logistics, Deutsche Post DHL Group, and Kuehne + Nagel International AG and others.
Key Drivers of the Market:
• Increase in international trade volume transported by air freight and ocean freight
• Development of the aviation sector
Market Segmentation:
The Freight Forwarding market is segmented on the basis of application, type, distribution channel, and geography.
• By Service (Packaging, Documentation, Transportation & warehousing and VAS (Value-added services)
Regional Analysis:
➳ North America (U.S., Canada, Mexico)
➳ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
➳ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
➳ South America (Colombia, Brazil, Argentina, Rest of South America)
➳ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Industry Development of the market:
• Kuehne+Nagel purchased Apex International Corporation in May 2021. They will be able to make strong proposals in the cutthroat Asian logistics market, particularly in e-commerce fulfilment, high technology, and e-mobility, thanks to this acquisition.
• June 2022: Forwarder Cargo Holland has been bought by time-sensitive logistics company Global Transport Solutions (GTS). It is situated at Schiphol Airport and specialises in airfreight solutions. The forwarder will be integrated into Best Global Logistics, a 3PL logistics company that offers time-sensitive services to GTS.
Report Includes Following Questions:
1. Who are the top five Freight Forwarding Market players?
2. How will the Freight Forwarding Market evolves over the next 10 years?
3. What application and product will dominate the Freight Forwarding Market?
4. What are the market drivers and constraints for Freight Forwarding Market?
5. What will be the Freight Forwarding Market's CAGR and size during the forecast period?
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Freight Forwarding Market Industry Report Covers the Following Data Points:
Section 1: The market manufacturer's profile in this field is classified by company overview, product type and application. Each company is detailed in this study in its sales volume, product prices in the market, gross margin analysis and market share.
Section 2 And Section 3: Depending on the sales, profitability and market share of each manufacturer, these sections describe the competitiveness of the market.
Section 4 And Section 5: These sections provide forecast data for the Freight Forwarding Market (2023-2032) by country. The study presents development trends as well as sales channels including merchants, distributors and direct and indirect marketing.
Section 6 And Section 7: These pieces deal with important research results and conclusions for industry, analysis methods and data sources.
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