Freight Forwarding Market 2020 Predictable to Witness Sustainable Evolution with DHL, DB Schenker Logistics, C.H.Robinson
Research Reports
Dec 24, 2020
Latest Research Study on Global Freight Forwarding Market published by AMA, offers a detailed overview of the factors influencing the global business scope. Global Freight Forwarding Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Global Freight Forwarding. This Report also covers the emerging player’s data, including: competitive situation, sales, revenue and global market share of top manufacturers are Kuehne + Nagel [Switzerland], DHL Group [Germany], DB Schenker Logistics [Germany], C.H.Robinson [United States], CEVA Logistics [United Kingdom], DACHSER Germany), GEODIS [France], DSV [Denmark], Sinotrans Limited (China), Panalpina [Switzerland], Expeditors [United States], Nippon Express [Japan], Pantos Logistics [South Korea] and Agility Logistics [Switzerland]
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Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Global Freight Forwarding Market various segments and emerging territory.
Brief Overview on Global Freight Forwarding
Freight transportation can be defined as all activities to move commodities. These activities include transportation by trucks, aircraft, ships, barges, railways, and related logistics activities such as handling and storage. According to the expertise, “Ocean Freight Forwarding to witness high growth through the forecast period. the Ocean Freight Forwarding market size will reach USD 152145 million by 2025, from USD 99800 million in 2019.” In 2019, the total mail volume delivered by the United States postal service alone was over 142.5 Billion units. The export value of U.S.-NAFTA air freight flows in 2019 amounted to almost 21.8 US Dollars. According to American trucking associations, “Truck moved almost 11 Billion tons for freight in 2017.” The booming e-commerce market and the growth in international trade volumes is a major driver for the freight forwarding market. New trade corridors between Asia and Africa, Asia, and South America and within Asia will re-chart global supply chains. Trade volumes will shift towards emerging markets and least developed countries will take their first steps into the global marketplace. Emerging markets provide outstanding opportunities for logistics service providers, both in terms of overall growth rates and in response to rapidly changing market trends. The impact of Covid-19 has amplified pre-existing troubles in freight forwarding. According to reserch, global freight forwarding market could contract by 7.5% in 2020 as a result of the crisis.
Market Trend
- Rising Demand For Integrated Service
- Shift Towards Ocean Freight Industry from Air Freight Industry
Market Drivers
- High Demand for Cost Effective Shipping
- Ability to Provide Quick Logistics Solution
The Global Freight Forwarding Market segments and Market Data Break Down are illuminated below:
Application (Industrial and Manufacturing, Retail, Healthcare, Media & Entertainment, Military, Oil & Gas, Food & Beverages, Others (Agro Commodities, Government and Public Utilities, & Fertilizer, Jewelry, etc.)), Services (Freight Transportation, Warehousing, Documentation, Packaging, Insurance, Others (Value Added Services – Custom Clearance, Inventory Management etc.)), Logistics Model (First Party Logistics, Second Party Logistics, Third-Party Logistics), Type of Freight Forwarders (Consolidators, Multimodal transport operator, Customer Broker, Port Agent, Air Freight Agent, Loading Brokers, Others), Mode of Transportation (Road, Waterways, Rail, Air), Customer Type (B2C, B2B)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Freight Forwarding Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Freight Forwarding market
Chapter 2: Exclusive Summary – the basic information of the Global Freight Forwarding Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Freight Forwarding
Chapter 4: Presenting the Global Freight Forwarding Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2014-2019
Chapter 6: Evaluating the leading manufacturers of the Global Freight Forwarding market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2020-2025)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Global Freight Forwarding Market is a valuable source of guidance for individuals and companies in their decision framework.
Data Sources & Methodology
The primary sources involves the industry experts from the Global Freight Forwarding Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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