We have an updated report [Version - 2023] available. Kindly sign up to get the sample of the report.
all report title image

Freight forwarding is the shipment and coordination of goods from one destination to another destination via multiple or a single carrier via marine, air, rail or road. The other task of freight forwarder includes warehouse planning, supplying cargo insurance, and others. The global freight forwarding market is segmented on the basis of mode of transport, and services.

Market Dynamics

The continuous improvement in the aviation infrastructure has laid a solid foundation for the development of freight forwarding industry. For instance, in December 2020, the government of the U.K. finalized plans of constructing a third runway at the Heathrow International Airport. The new third runway will help the Heathrow Airport to fuel their capabilities, in terms of conducting airport cargo operations. Furthermore, renovation of runways, new construction of terminals, along with new airports are expanding the capacity of airports in order to cater to increasing volume of air cargo. For instance, in March 2019, Jakarta’s Soekarno-Hatta International Airport built 148,000 sq metre cargo facility in Jakarta, Indonesia. The new cargo facility’s volume ramped up from 700,000 tons to 900,000 tons, which is expected to propel the development of freight forwarding industry. Therefore, these factors are expected to propel the Global Freight forwarding Market growth over the forecast period (2021-2028).

Market Taxonomy

This report segments the Global Freight forwarding Market on the basis of mode of transport, services and region. On the basis of mode of transport, the Global Freight forwarding Market is segmented into Air Freight Forwarding, Ocean Freight Forwarding, Road Freight Forwarding, and Rail Freight Forwarding. On the basis of services, the Global Freight forwarding Market is segmented into Transportation & Warehousing, Packaging & Documentation, Insurance, and Value-added Services (Customs Clearance, Transportation Tracking, and Others). On the basis of region, the Global Freight forwarding Market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA).

Key features of the study:

  • This report provides an in-depth analysis of the Global Freight Forwarding Market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2021-2028).
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the Global Freight Forwarding Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered in the Global Freight Forwarding Market are Agility, Bolloré Logistics, CEVA Logistics, DB Schenker, DHL Global Forwarding, Dimerco, DSV Panalpina A/S, Expeditors International, Hellmann Worldwide Logistics, Kuehne + Nagel International AG, MGF (Manitoulin Global Forwarding), Nippon Express Co., Ltd., and UPS Supply Chain Solutions.
  • The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The Global Freight Forwarding Market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Freight Forwarding Market.

Detailed Segmentation:

  •  Global Freight Forwarding Market, By Mode of Transport:
    • Air Freight Forwarding
    • Ocean Freight Forwarding
    • Road Freight Forwarding
    • Rail Freight Forwarding
  • Global Freight Forwarding Market, By Services:
    • Transportation & Warehousing
    • Packaging & Documentation
    • Insurance
    • Value-added Services (Customs Clearance, Transportation Tracking, and Others)
  • Global Freight Forwarding Market, By Region:
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa
  • Company Profiles
    • Agility*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Bolloré Logistics
    • CEVA Logistics
    • DB Schenker
    • DHL Global Forwarding
    • Dimerco
    • DSV Panalpina A/S
    • Expeditors International
    • Hellmann Worldwide Logistics
    • Kuehne + Nagel International AG
    • MGF (Manitoulin Global Forwarding)
    • Nippon Express Co., Ltd.
    • UPS Supply Chain Solutions

*Browse all the market data tables and figures on “Global Freight Forwarding Market- Forecast to 2028”

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Mode of Transport
      • Market Snippet, By Services
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New System Launch/Approval
  4. Global Freight Forwarding Market - Impact of Coronavirus (Covid-19) Pandemic
    • Short Term and Long Term Impact, By Region
      • North America
      • Latin America
      • Europe
      • Asia-Pacific
      • Middle East & Africa (MEA)
    • Short Term and Long Term Impact, By Mode of Transport
      • Air Freight Forwarding
      • Ocean Freight Forwarding
      • Road Freight Forwarding
      • Rail Freight Forwarding
  5. Global Freight Forwarding Market, By Mode of Transport, 2017-2028 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2019 and 2028 (%)
      • Segment Trends
    • Air Freight Forwarding
      • Introduction
      • Market Size and Forecast, 2021–2028, (US$ Billion)
    • Ocean Freight Forwarding
      • Introduction
      • Market Size and Forecast, 2021–2028, (US$ Billion)
    • Road Freight Forwarding
      • Introduction
      • Market Size and Forecast, 2021–2028, (US$ Billion)
    • Rail Freight Forwarding
      • Introduction
      • Market Size and Forecast, 2021–2028, (US$ Billion)
  6. Global Freight Forwarding Market, By Services, 2017-2028 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2019 and 2028 (%)
      • Segment Trends
    • Transportation & Warehousing
      • Introduction
      • Market Size and Forecast, 2021–2028, (US$ Billion)
    • Packaging & Documentation
      • Introduction
      • Market Size and Forecast, 2021–2028, (US$ Billion)
    • Insurance
      • Introduction
      • Market Size and Forecast, 2021–2028, (US$ Billion)
    • Value-added Services (Customs Clearance, Transportation Tracking, and Others)
      • Introduction
      • Market Size and Forecast, 2021–2028, (US$ Billion)
  7. Global Freight Forwarding Market, By Region, 2017-2028  (US$ Billion)
    • Introduction
      • Market Share Analysis, By Region, 2019 and 2028 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Mode of Transport, 2021–2028 (US$ Billion)
      • Market Size and Forecast, By Services, 2021–2028 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2028 (%)
        • U.S.
        • Canada
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Mode of Transport, 2021–2028 (US$ Billion)
      • Market Size and Forecast, By Services, 2021–2028 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2028 (%)
        • Argentina
        • Brazil
        • Mexico
        • Rest of Latin America
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Mode of Transport, 2021–2028 (US$ Billion)
      • Market Size and Forecast, By Services, 2021–2028 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2028 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Mode of Transport, 2021–2028 (US$ Billion)
      • Market Size and Forecast, By Services, 2021–2028 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2028 (%)
        • China
        • India
        • ASEAN
        • Japan
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Middle East & Africa
      • Regional Trends
      • Market Size and Forecast, By Mode of Transport, 2021–2028 (US$ Billion)
      • Market Size and Forecast, By Services, 2021–2028 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2028 (%)
        • GCC Countries
        • South Africa
        • Rest of Middle East & Africa
  8. Competitive Landscape
    • Company Profiles
      • Agility
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Bolloré Logistics
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • CEVA Logistics
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • DB Schenker
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • DHL Global Forwarding
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Dimerco
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • DSV Panalpina A/S
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Expeditors International
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hellmann Worldwide Logistics
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Kuehne + Nagel International AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • MGF (Manitoulin Global Forwarding)
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Nippon Express Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • UPS Supply Chain Solutions
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  9. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

*Browse market data tables and figures on “Global Freight Forwarding Market-forecast to 2028”

View Our Licence Options

  • Need a Custom Report?

    We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports

    Customize Now
  • Want to Buy a Report but have a Limited Budget?

    We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail

    Request Discount
Logo

Reliability and Reputation

EXISTING CLIENTELE

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo