openPR Logo
Press release

Freight Forwarding Market Growth Soars Toward USD 243.19 Billion by 2030

Freight Forwarding Market

Freight Forwarding Market

The ๐…๐ซ๐ž๐ข๐ ๐ก๐ญ ๐…๐จ๐ซ๐ฐ๐š๐ซ๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ was valued at US$ 192.44 Bn. in 2023. Global Freight Forwarding Market size is expected to grow at a CAGR of 3.4 % through the forecast period.

๐…๐ซ๐ž๐ข๐ ๐ก๐ญ ๐…๐จ๐ซ๐ฐ๐š๐ซ๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

Freight forwarding involves the strategic coordination and transport of goods across regions through various modes like air, sea, rail, or road. This process ensures that commodities are efficiently moved while maintaining their quality throughout the journey. Freight forwarders play a crucial role in handling logistics complexities to ensure timely delivery, leveraging advanced tools and systems for smooth operations. The increasing focus on streamlined supply chain management has highlighted the importance of freight forwarding in global trade.

๐–๐š๐ง๐ญ ๐ญ๐จ ๐’๐ž๐ž ๐ญ๐ก๐ž ๐“๐ซ๐ž๐ง๐๐ฌ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š :https://www.maximizemarketresearch.com/request-sample/148362/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐…๐ซ๐ž๐ข๐ ๐ก๐ญ ๐…๐จ๐ซ๐ฐ๐š๐ซ๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The growing number of international trade agreements has significantly boosted the freight forwarding industry. Trade pacts like the Regional Comprehensive Economic Partnership (RCEP) have enhanced import and export activities by reducing tariffs, which facilitates smoother cross-border movement of goods. This has created a robust demand for freight forwarding services as countries increasingly rely on streamlined logistics to foster economic growth.

Additionally, the integration of artificial intelligence (AI) into logistics has revolutionized freight forwarding operations. AI enables real-time data analysis, cost optimization, and improved accuracy in supply chain management. Companies adopting AI-driven platforms, such as Kuehne Nagel's eTrucknow, have seen enhanced efficiency and customer satisfaction. This technological advancement is becoming a key growth driver in the industry.

๐…๐ซ๐ž๐ข๐ ๐ก๐ญ ๐…๐จ๐ซ๐ฐ๐š๐ซ๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The rise of e-commerce has transformed the freight forwarding landscape, with online retail driving significant growth in air and ocean freight. Air cargo, bolstered by e-commerce, now accounts for a growing share of freight trade volumes, providing substantial revenue opportunities for logistics companies. With online retail sales increasing globally, freight forwarders are adapting to cater to high-demand sectors such as cross-border e-commerce.

๐“๐ก๐ž ๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ ๐œ๐š๐ง ๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ :https://www.maximizemarketresearch.com/inquiry-before-buying/148362/

๐…๐ซ๐ž๐ข๐ ๐ก๐ญ ๐…๐จ๐ซ๐ฐ๐š๐ซ๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

The ongoing digital transformation in logistics presents immense opportunities for the freight forwarding market. Advancements in automation, blockchain, and AI are reshaping traditional operations, allowing for enhanced transparency, efficiency, and cost savings. These technologies enable real-time tracking and secure documentation, offering competitive advantages to early adopters in the freight forwarding sector.

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐…๐ซ๐ž๐ข๐ ๐ก๐ญ ๐…๐จ๐ซ๐ฐ๐š๐ซ๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ?

North America continues to lead the freight forwarding market, supported by the United States' robust trade partnerships and economic strength. The region's advanced infrastructure and high export-import volumes contribute to its dominance. The U.S., with its strong GDP contribution and diverse trade networks, remains a critical player in shaping the freight forwarding landscape.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐…๐ฎ๐ฅ๐ฅ ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @https://www.maximizemarketresearch.com/request-sample/148362/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐…๐ซ๐ž๐ข๐ ๐ก๐ญ ๐…๐จ๐ซ๐ฐ๐š๐ซ๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Mode of Transport

Air
Ocean
Rail
Road

by Application

Industrial and Manufacturing
Retail
Healthcare
Media and Entertainment
Military
Oil and Gas
Food and Beverages
Others

by Customer Type

B2B
B2C

by Service

Transportation and Warehousing
Packaging and Documentation
Insurance
Value-Added Services

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐…๐ซ๐ž๐ข๐ ๐ก๐ญ ๐…๐จ๐ซ๐ฐ๐š๐ซ๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1. Agility
2. Bollorรฉ Logistics
3. CEVA Logistics
4. Sinotrans India Private Limited
5. DB Schenker
6. DHL Global Forwarding
7. Imerco
8. Dachser
9. DSV Panalpina A/S
10. Expeditors International
11. Hellmann Worldwide Logistics
12. Kuehne + Nagel International AG
13. MGF (Manitoulin Global Forwarding)
14. Nippon Express Co.
15. UPS Supply Chain Solutions

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.maximizemarketresearch.com/market-report/freight-forwarding-market/148362/

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape
Freight Forwarding Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Freight Forwarding Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก :

โ™ฆ Business Travel Market : https://www.linkedin.com/pulse/business-travel-market-demand-key-growth-development-forecasts-nilam-d3lhf/?trackingId=0%2Bn3kHExQTGU8cIds%2BqQ2g%3D%3D

โ™ฆ Fuel Additives Market https://www.maximizemarketresearch.com/market-report/global-fuel-additives-market/32500/

โ™ฆ Packaged Food Market https://www.maximizemarketresearch.com/market-report/packaged-food-market/122151/

โ™ฆ Silicon On Insulator (SOI) Market https://www.maximizemarketresearch.com/market-report/silicon-on-insulator-soi-market/11657/

โ™ฆ Stacker Crane Market https://www.maximizemarketresearch.com/market-report/stacker-crane-market/161538/

โ™ฆ Global Cumene Market https://www.maximizemarketresearch.com/market-report/cumene-market/13867/

โ™ฆ Distributed Generation Market https://www.maximizemarketresearch.com/market-report/distributed-generation-market/1141/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Freight Forwarding Market Growth Soars Toward USD 243.19 Billion by 2030 here

News-ID: 3745633 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD

GPS Tracking Device Market Surge Ahead at a CAGR of 13.1% from 2025 to 2032: Smart Monitoring Ushering in Next-Gen Mobility Solutions
GPS Tracking Device Market Surge Ahead at a CAGR of 13.1% from 2025 to 2032: Sma โ€ฆ
GPS Tracking Device Market size was valued at USD 3.50 Billion in 2024 and the total GPS Tracking Device revenue is expected to grow at a CAGR of 13.1% from 2025 to 2032, reaching nearly USD 9.38 Billion. GPS Tracking Device Market Overview: The GPS tracking device market is entering a dynamic growth phase, propelled by mounting demand in logistics, automotive, personal safety, and healthcare industries. Innovations such as IoT integration, telematics,โ€ฆ
Iron and Steel Slag Market to Grow at a CAGR of 1.5% in the Forecast Period of 2025-2032
Iron and Steel Slag Market to Grow at a CAGR of 1.5% in the Forecast Period of 2 โ€ฆ
The Iron and Steel Slag Market size was valued at USD 25.81 Billion in 2024 and the total Iron and Steel Slag revenue is expected to grow at a CAGR of 1.5% from 2025 to 2032, reaching nearly USD 29.08 Billion. Iron and Steel Slag Market Overview: Iron and steel slag, a byproduct of metal smelting, is emerging as a linchpin in modern industrial ecosystems. Far from being waste, this versatile materialโ€ฆ
Shooting Ranges Market Expected To Hit USD 2.57 Bn by 2032, with a CAGR of 7.85% from 2024 to 2032
Shooting Ranges Market Expected To Hit USD 2.57 Bn by 2032, with a CAGR of 7.85% โ€ฆ
The Shooting Ranges Market size was valued at USD 1.40 Billion in 2024 and the total Shooting Ranges revenue is expected to grow at a CAGR of 7.85% from 2025 to 2032, reaching nearly USD 2.57 Billion. Shooting Ranges Market Overview: Shooting ranges serve as specialized facilities-both indoor and outdoor-where firearms and archery training, recreational shooting, and competitive events take place in controlled, safe environments. These venues support a wide spectrum ofโ€ฆ
Fuel Cell UAV Market Taking Flight at Robust Growth Pace: A Clean-Energy Drone Revolution at a CAGR of 13.95% from 2025 to 2032
Fuel Cell UAV Market Taking Flight at Robust Growth Pace: A Clean-Energy Drone R โ€ฆ
The Fuel Cell UAV Market size was valued at USD 1661.38 Million in 2024 and the total Fuel Cell UAV revenue is expected to grow at a CAGR of 13.95% from 2025 to 2032, reaching nearly USD 4722.62 Million. Fuel Cell UAV Market Overview: Fuel-cell-powered unmanned aerial vehicles (UAVs) are swiftly redefining the drone landscape with their promise of prolonged flight times and greener operations. Leading aerospace innovators and emerging startups alikeโ€ฆ

All 5 Releases


More Releases for Freight

Freight and logistics : Innovation In Freight and logistics
Frieght and Logistics Market is expected to register a CAGR of 5.2% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031. Freight and logistics involve transportation of goods and commodities by railroad cars, trucks, large ships and airplanes. Today, almost every region is involved in import and export of goods, and these trade activities are growing on a largeโ€ฆ
Less than Truckload Market to Get an Explosive Growth | DHL Freight, Geodis, UPS โ€ฆ
The latest research document on "Global Less than Truckload Market Size, Share, Sales and Forecast 2024-2030" Published by HTF MI with 123+ pages. The Study is segmented by key a region that is accelerating the marketization. Less than Truckload study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources. Major Key Players in This Report Include: A. Duie Pyle (United States),โ€ฆ
Online Freight Platform Market Digital Platforms for Freight Booking and Managem โ€ฆ
Online Freight Platform Market 2023 Forecast: Unveiling Opportunities and Growth Online Freight Platform Market research report helps to recognize the market challenges and opportunities. Global Online Freight Platform Market report contains the recent forecast research for the predicted period. The report extensively offers the latest information about the technological developments and market growth prospect on the basis of the regional landscape. This Report offers a complete evaluation of every area includingโ€ฆ
Freight Trucking Market is Booming Worldwide | Concargo, Procet Freight, Transte โ€ฆ
The Latest published a market study on Global Freight Trucking Market provides an overview of the current market dynamics in the Freight Trucking space, as well as what our survey respondents- all outsourcing decision-makers- predict the market will look like in 2028. The study breaks the market by revenue and volume (wherever applicable) and price history to estimate the size and trend analysis and identify gaps and opportunities. Some ofโ€ฆ
Freight Transport Management Market Forecast to 2028 - COVID-19 Impact and Globa โ€ฆ
Freight transport management includes a logistics platform which utilizes technology to support businesses plans, execute the physical movement of goods and commodities, and ensure the compliance of the shipment with required documentation. This freight transport management system is able to manage transport via road, rail, air and water to various parts of the world. Considering rapid growth in various developing countries, the freight transport management market is predicted to riseโ€ฆ
Ocean freight and Air freight Market Report 2018: Segmentation by Type (Ocean fr โ€ฆ
Global Ocean freight and Air freight market research report provides company profile for Damco, KWE, Hitachi Transport, China Airlines Cargo, FedEx Express, UPS Airlines, Cathay Pacific Cargo, Korean Air Caro, Kuehne + Nagel, DHL Group, DB Schenker Logistics, GEODIS, Nippon Express and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 inโ€ฆ