Freight Forwarding Market Competitive Landscape and Qualitative Analysis by 2030

Global freight forwarding market was valued at $192.50 billion in 2021, and is projected to reach $285.15 billion by 2031, growing at a CAGR of 4.1% from 2022 to 2031.

This report examines all the key factors influencing growth of global Freight Forwarding market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Freight Forwarding market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.

Businesses that export goods have a number of difficulties in delivering their products to end users. Businesses use freight forwarders in these situations to assist them in overcoming the difficulties. Freight forwarders act as a liaison between their clients and the various transportation providers, such as carriers, handlers, and customs officers, in charge of getting their goods to international customers. Freight forwarders are skilled in reducing costs associated with transportation and streamlining operations. On the other side, freight forwarding aims to ensure a prompt and safe delivery. Additionally, freight forwarders provide insurance to customers so they can be reimbursed for their losses if a product is damaged in transit.

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Global Freight Forwarding Market: Major Players
Yusen Logistics
Nippon Express
SDV
Panalpina Welttransport (Holding)
C.H. Robinson
Logwin
Hellmann Worldwide Logistics
CEVA Logistics
Sinotrans
DSV
UTi Worldwide
Kerry Logistics
DAMCO
DB Schenker
UPS Supply Chain Solutions
BDP International
Toll Holdings
Geodis
Sankyu
Deutsche Post
Agility Global Integrated Logistics
Expeditors International
Kuehne + Nagel International

Global Freight Forwarding Market: By Types
Packaging
Documentation
Transportation and warehousing
VAS (Value-added services)

Global Freight Forwarding Market: By Applications
Ships
Aircraft
Trucks
Railroads

Global Freight Forwarding Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Freight Forwarding market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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By negotiating tariffs and customs regulations and being knowledgeable about the requirements of land, sea, rail, and air shipping, freight forwarders are able to manage the risks and rewards of shipping both domestically and internationally. To put it another way, freight forwarders may help export-oriented companies streamline their shipping processes and guarantee that their clients receive their orders promptly and in good condition. A freight forwarder is accountable for moving goods from one point to another. A company called freight forwarding plans shipments for people and companies to transport goods from a manufacturer to a client or a point of distribution at the end of the supply chain. Freight forwarding is one of the 3PL offerings.

Key Questions Answered in This Report:
1. How has the global Freight Forwarding performed so far and how will it perform in the coming years?
2. What are the key regional Markets?
3. What has been the impact of COVID-19 on the global Freight Forwarding?
4. What is the breakup of the Freight Forwarding based on the type?
5. What is the breakup of the Market based on the application?
6. What is the breakup of the Freight Forwarding based on the manufacturing process?
7. What is the breakup of the Market based on the price range?
8. What are the various stages in the value chain of the industry?
9. What are the key driving factors and challenges in the industry?
10. What is the structure of the global Freight Forwarding and who are the key players?
11. What is the degree of competition in the industry?

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This release was published on openPR.