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Freight Forwarding Market Trends, Drivers, and Restraints: Analysis and Forecast by 2030
Data Bridge Market Research analyses that the global freight forwarding market is expected to reach USD 14,461.05 million by 2030, from USD 8,353.8 million in 2022 and is expected to undergo a CAGR of 7.1% during the forecast period of 2023 to 2030. “Freight Transportation” dominates
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Freight Forwarding Market research report is an ideal key. It makes available statistics on the current state of the industry and hence works as a valuable source of guidance and direction for companies and investors interested in this market. The report acts as a thorough synopsis on the study, analysis and estimation of the market and how it is affecting the industry. Besides, Freight Forwarding Market report contains an extensive evaluation of the market’s growth prospects and restrictions.
By applying market intelligence for the winning Freight Forwarding Market business report, industry experts assess strategic options, outline successful action plans and support companies with critical bottom-line decisions. Furthermore, all the stats, data, facts and figures collected to prepare this market report are obtained from the trustworthy sources such as websites, journals, merges, newspapers and other authentic sources. Not to mention, this gathered data and information is represented very well in the whole report with the help of most appropriate graphs, charts or tables to simplify the flow of information for better user understanding. Freight Forwarding Market research report is a sure fire solution that businesses can adopt to thrive in this swiftly changing marketplace.
Data Bridge Market Research analyses that the global freight forwarding market is expected to reach USD 14,461.05 million by 2030, from USD 8,353.8 million in 2022 and is expected to undergo a CAGR of 7.1% during the forecast period of 2023 to 2030. “Freight Transportation” dominates the service type segment of the global freight forwarding market due to rise in trend of intermodal freight. Increased need for less expensive shipping is expected to influence the growth of freight forwarding market over the forecast period of 2023 to 2030. The rise in demand for connect devices across the globe is one of the major factors driving the growth of the freight forwarding market. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Market Overview
Freight forwarding is a business that establishes shipments for personnel or corporations to get goods from the manufacturer to a customer or a final distribution point. Freight forwarders customize to reduce expenses and aiding the logistics of transportation.
Some of the major players operating in the global freight forwarding market are:
Agility (Kuwait)
DHL International GmbH. (Germany)
DSV (Denmark)
Expeditors International of Washington, Inc. (U.S.)
CEVA Logistics (U.K.)
DB Schenker (Germany)
Kuehne + Nagel (Switzerland)
Bolloré Logistics (France)
PANALPINA WORLD TRANSPORT (HOLDING) LTD. (Switzerland)
Sinotrans India Private Limited (India)
CMA CGM (France)
C.H. Robinson Worldwide, Inc. (U.S.)
Nippon Express (Japan)
Dachser (Germany)
DIMERCO (India)
CJ Logistics Corporation (South Korea)
Hellmann Worldwide Logistics (Germany)
GEODIS. (France)
Global Freight Forwarding Market Scope
The
Global Freight Forwarding Market is segmented on the basis of service type, mode of transportation, logistics model, customer type and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Service Type
Freight Transportation
Warehousing
Documentation
Packaging
Insurance
Others
Value Added Services
Custom Clearance
Inventory Management
Mode of Transportation
Logistics Model
First Party Logistics
Second Party Logistics
Third Party Logistics
Customer Type
Application
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Freight Forwarding Market Landscape
Part 04: Global Freight Forwarding Market Sizing
Part 05: Global Freight Forwarding Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Global Freight Forwarding Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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