global freight forwarding market
#3200,SEATTLE, WASHINGTION , UNITED STATES, February 23, 2022 /
EINPresswire.com/ -- The
global freight forwarding market was valued at US$ 204.6 Bn in 2019 and is expected to reach US$ 277.5 Bn by 2028 at a CAGR of 5.0% between 2021 and 2028.
Overview:
Freight forwarding is a service that coordinates the shipment from the point of manufacture to the point of distribution or final destination. A freight forwarder, also known as a forwarding agent, is a non-vessel operating common carrier. It coordinates transportation from the producer to the market and from the customer to the final point of distribution. A freight forwarding service will coordinate the transport of goods, which will take place through a single carrier or multiple carriers. It can be done via air, sea, rail, or highway. While the service has evolved over the years, the basic premise of freight forwarding is the same everywhere: coordinate the movement of goods from one point to another.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ณ๐ผ๐ฟ ๐ฎ ๐ฃ๐๐ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
https://www.coherentmarketinsights.com/insight/request-pdf/4464
Drivers:
Growing maritime trade amidst increasing trade deals among developed economies is expected to foster growth of the freight forwarding market throughout the forecast period.
In addition to this, increasing penetration of ports and air cargo for freight transportation is expected to boost growth of the freight forwarding market over the forecast period.
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ ๐๐ถ๐๐ต ๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐:
โฉ Agility
โฉ Bollorรฉ Logistics
โฉ CEVA Logistics
โฉ DB Schenker
โฉ DHL Global Forwarding
โฉ Dimerco
โฉ DSV Panalpina A/S
โฉ Expeditors International
โฉ Hellmann Worldwide Logistics
โฉ Kuehne + Nagel International AG
โฉ MGF (Manitoulin Global Forwarding)
โฉ Nippon Express Co. Ltd.
โฉ UPS Supply Chain Solutions
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ฎ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ฟ๐ผ๐ฐ๐ต๐๐ฟ๐ฒ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ :
https://www.coherentmarketinsights.com/insight/request-sample/4464
Summary of the COVID-19 Debacle
The emergence of the COVID-19 virus has created a serious dent in the progress of the global freight forwarding market. The pandemic-led delay/suspension of shipments, waterway and airway freight transportation, has significantly affected the prospects of the market. On the plus side, the market is looking more like the somewhat front-loaded forecasted period, which is showing some solid trends such as the adoption of IoT (Internet of Things) technology to clear the logistic backlogs.
Key Takeaways:
โ The global freight forwarding market is anticipated to grow at a CAGR of XX % during the forecast period owing to the increasing investments in the freight shipping sector amidst growing cross-border trade.
โ For instance, in December 2021, a logistic service provider, Nuvocargo, raised around US$ 20 million in a series of funding rounds conducted by Tiger Global Management to boost trade between the U.S. and Mexico.
โ In the cluster of regions, the European region is well-positioned to reign supreme in the global freight forwarding market at the helm of high demand from OEMs (Original Equipment Manufacturers) in Germany, the U.K., and others to export automotive parts.
โ Also standing out in the global freight forwarding market is the Asia Pacific region, which is driven by a robust rail transportation network, a booming e-commerce industry, and growing import/export activities.
๐๐ฒ๐ ๐๐ป๐ฎ๐บ๐ผ๐ฟ๐ผ๐๐ ๐๐ถ๐๐ฐ๐ผ๐๐ป๐ | ๐๐น๐ฎ๐ ๐ฎ๐ฌ๐ฌ๐ฌ ๐จ๐ฆ๐ ๐ข๐ณ๐ณ
https://www.coherentmarketinsights.com/promo/buynow/4464
Key Insights of Report:-
The study focuses on the market share, gross margin, net profit, sales, product portfolio, new applications, recent developments, and other characteristics of the top players in the global Freight Forwarding market. It also illuminates the vendor landscape, allowing attendees to better predict future competitive movements in the global Freight Forwarding business. This study provides a comprehensive overview of market value for the Freight Forwarding industry, including product pricing, demand, gross margin, and supply. The competitive viewpoint part of the study provides a comprehensive overview of the industry's main competitors' market share analysis.
Key Highlights of the Report:-
โค Market Performance
โค Market Outlook (2022-2027)
โค Market Trends
โค Market Drivers and Success Factors
โค The Impact of COVID-19 on the Global Market
โค Value Chain Analysis
โค Structure of the Global Market
โค Comprehensive mapping of the competitive landscape
๐๐๐ธ ๐๐ป๐ฎ๐น๐๐๐ ๐ณ๐ผ๐ฟ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ฎ๐ป๐ฑ ๐๐
๐ฝ๐น๐ผ๐ฟ๐ฒ ๐ณ๐๐น๐น ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐ถ๐๐ต ๐ง๐ข๐ & ๐๐ถ๐๐ ๐ผ๐ณ ๐๐ถ๐ด๐๐ฟ๐ฒ๐:
https://www.coherentmarketinsights.com/insight/talk-to-analyst/4464
๐ป๐๐๐๐ ๐๐๐ ๐๐๐ ๐๐๐๐
๐๐๐ ๐๐๐ ๐๐๐๐๐๐. ๐ฐ๐ ๐๐๐ ๐๐๐๐
๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐, ๐๐ ๐๐๐๐ ๐๐๐๐๐๐
๐ ๐๐ ๐๐ ๐๐๐ ๐๐ ๐ ๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐๐.
Mr. Shah
Coherent Market Insights Pvt. Ltd.
206-701-6702
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