Press release
Freight Forwarding Market Size 2024: Global Share, Industry And Report Analysis By 2031 | Lazzerini S.r.l. Magna International Inc. Progressive Manufacturing, Inc.
Freight Forwarding Market
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Apart from this, the increased demand for freight forwarding services to bring efficiency in time management is further driving the growth of the global freight forwarding market. According to the Container Xchange Report, Container xChange survey of 1,000+ logistics professionals reveals that 92.0% spend 3-4 hours to source one new partner and 53.0% spend 3-4 hours discussing T&Cs with new partners; 93% spend 2-4 hours contacting depots for release + drop off references. Freight forwarders using online marketplaces spend only 5-10 minutes sourcing partners, saving 170 minutes per new partner compared to non-digital counterparts. The rise in incidences of nearshoring manufacturing actions across the globe, which is to conclude in the absence of acceptance of trade activities, is anticipated to restrain the market growth.
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• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
Global Freight Forwarding Market Report Segment
By Product Type
• Business-to-Business (B2B)
• Business-to-Customer (B2C)
By Mode of Transport
• Road
• Railway
• Air
• Ocean
By Application
• Industrial And Manufacturing
• Retail
• Healthcare
• Oil And Gas
• Food And Beverages
• Other Application
Global Freight Forwarding Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global freight forwarding market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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