Analyzing the Future of Growth in Freight Forwarding Service Provider Services Market Boom| Flexport, Freightwalla, XPO Logistics

Latest business intelligence report released on Global Freight Forwarding Service Provider Services Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Freight Forwarding Service Provider Services market outlook.

List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis:
United Parcel Service of America, Inc. (United Kingdom), Flexport (United States), Freightwalla (India), DSV Freight Forwarding (Denmark), XPO Logistics (United States), Agility (Kuwait), RHENUS (Germany), Cargologik (United States), GEODIS (France), Navegate Services (United States)

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Brief Overview on Freight Forwarding Service Provider Services:
A freight forwarder is an agent who is in charge of moving goods on behalf of the cargo owner. This responsibility can begin when the goods are picked up from the seller and ends when delivered to the buyer's specified location. Freight forwarding services provider of freight forwarding services, including customs brokerage and transportation to the final destination. Freight forwarding services include all services related to the carriage, consolidation, storage, handling, packing, or distribution of goods, as well as ancillary and advisory services in connection with such services, such as customs and fiscal matters, declaring the goods for official purposes, procuring insurance for the goods, and collecting or procuring payment or documents relating to the goods. The booming e-commerce market, as well as the increase in international trade volumes, is a major driver for the freight forwarding market. Emerging markets offer outstanding opportunities for logistics service providers, both in terms of overall growth rates and in responding to rapidly changing market trends.

Key Market Trends:
The Integration of Advance Technology Artificial Intelligence (AI) Key Trend Gaining Popularity In the Freight Forwarding

Opportunities:
Increasing Trade Volumes and Rising Trade Agreements Will Accelerate the Growth of the Freight Forwarding
Economic Growth in Emerging Countries

Market Growth Drivers:
Increasing Demand for Cost-Effective Shipping
Growing Cross Border Trade Activities

Challenges:
Volatile Nature of Trade Activities
Market Leaders and their expansionary development strategies:
On September 2021, UPS entered into an agreement to acquire Roadie, a technology platform that enables local same-day delivery with operations throughout the U.S. UPS customers, including large enterprises, are increasingly looking for local same-day delivery solutions for goods of all types, not traditional packages

Segmentation of the Global Freight Forwarding Service Provider Services Market:
by Type (Online Service, Offline Service), Application (Individual, Enterprise), Services (Road Freight, Air Freight, Sea Freight, Project Cargo, Supply Chain Logistics), Types of Freight Forwarders (Consolidators/NVOCC (Non-Vessel Operating Common Carriers), Multimodal Transport Operators (MTO´S), Customs Brokers, Port Agent, Air Freight Agent, Road Haulage Brokers, Loading Brokers)

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Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

Furthermore, the years considered for the study are as follows:
Historical data - 2018-2022
The base year for estimation - 2022
Estimated Year - 2023
Forecast period** - 2023 to 2028 [** unless otherwise stated]

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Summarized Extracts from TOC of Global Freight Forwarding Service Provider Services Market Study
Chapter 1: Exclusive Summary of the Freight Forwarding Service Provider Services market
Chapter 2: Objective of Study and Research Scope the Freight Forwarding Service Provider Services market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2018-2028
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source

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