Germany Freight Forwarding Market Overview, 2029

Germany Freight Forwarding Market Overview, 2029

In freight forwarding market, the German transportation industry is key to maintaining well-functioning services and moving goods within and outside the nation. The country has some of the highest-ranked infrastructural networks in the world, with its roads being some of the more heavily traveled thoroughfares in Europe. Germany is actively pursuing sustainable transportation, with several private trucking companies now introducing electric trucks. For instance, in 2023, Maersk, a prominent player, procured 25 cutting-edge Volvo FH electric trucks in Germany for local deliveries. These trucks are set to be delivered between Q4 2023 and Q1 2024. Furthermore, Germany is pushing for a digitized urban mobility system, with a target of enabling autonomous trucking on Hamburg's streets by 2030. In 2023, road trials for autonomous trucks commenced through a collaboration between Iveco and Plus, a global leader in autonomous driving technology. In February 2024, DHL and Fraport AG, the owner and operator of Frankfurt Airport (FRA), broke ground on a new air freight facility. This expansion is taking place at Fraport's CargoCity South, adjacent to Airport Gate 31. DHL plans to inaugurate the air cargo center by mid-2025.German consumers faced the fastest price rise, and the high annual inflation rate was primarily driven by extreme price increases for energy and groceries since the Russia-Ukraine War. Germany is among the world's biggest natural gas importers. Germany is developing its port infrastructure and enhancing hinterland connectivity to cater to trade volumes generated from major maritime partners. The major players in this market are Dachser, DB Schenker, DHL Group, Kuehne + Nagel and United Parcel Service of America, Inc. (UPS) (sorted alphabetically).

According to the research report ""Germany Freight Forwarding Market Overview, 2029,"" published by Bonafide Research, the Germany freight forwarding market is anticipated to grow at more than 3 % CAGR from 2024 to 2029. A number of key factors govern growth in the freight forwarding market, not only in Germany but globally. Globalization has been reaching higher heights and thus fuels international trade, thereby providing an excellent opportunity for freight forwarders. More particularly, as Germany is an export-oriented economy, it would actually benefit greatly from logistics solutions that can effectively help the country make its products available across the globe. Furthermore, the e-commerce world is becoming huge, which has been a critical factor in the design of the path of the industry. This rise in online shopping increases the need for simplified logistics and freight forwarders to deal with cross-border shipments quickly and efficiently. Other key drivers include technological innovations blockchain technology in improving supplies chain transparency, AI-powered logistic optimization systems, and IoT-enabled mechanisms for shipment tracking. These innovations offer an overall change in traditional freight forwarding operations, bringing more operational efficiency and real-time insights on freight movements, thereby improving the reliability of service and customer satisfaction. Moreover, the freight forwarder segment has been gradually turning green. With increasing concerns for the environment all across the world, no doubt there has been more emphasis lately on reducing carbon footprints and ensuring that all activities undertaken by the logistics are green. This shift toward green has not been merely mandatorily enacted in most regions but is also a strategic ask for companies looking to build their reputation and win hearts among environmentally sensitive consumers and businesses.

The Industrial & Manufacturing fragment assumes a significant part in the freight forwarding market because of the great volume of unrefined components and completed products it transports. This fragment benefits from Germany's strong modern base, which incorporates hardware, gadgets, and synthetic compounds. The interest for effective operations arrangements, including warehousing and dissemination, drives development in this fragment. Manufacturing require dependable transportation to guarantee ideal conveyance of merchandise and parts, which upholds their creation cycles and store network proficiency. The Retail and E-commerce portion has seen huge development, filled by the ascent of web based shopping and the requirement for quick, solid conveyance administrations. Web based business goliaths and corporate store depend intensely on freight forwarders to deal with the progression of merchandise from stockrooms to end customers. This portion's development is driven by buyer interest for fast completion times and cutthroat transportation choices. The Automotive sector is one more key portion, portrayed by the transportation of vehicles, parts, and embellishments. Germany's auto industry is prestigious all around the world, adding to significant freight forwarding exercises. The area requests particular coordinated factors answers for handle enormous volumes of delicate and high-esteem freight productively. Shopper Merchandise envelop a wide scope of items, including dress, gadgets, and family things. This fragment benefits from's major areas of strength for Germany market and different retail scene, driving interest for effective inventory network answers for meet purchaser assumptions for item accessibility and conveyance speed. The Medical services area includes the transportation of drugs, clinical gear, and supplies. It requests rigid strategies arrangements because of administrative necessities and the delicate idea of the freight. The medical services section's development is moved by progressions in clinical innovation and a maturing populace, expanding the interest for solid coordinated factors administrations. Others include more modest fragments like short-lived products, aviation, and energy areas, each with explicit planned operations needs determined by industry-explicit variables.

The Transportation and Warehousing segment drives growth in the German freight forwarding market and is one of its leaders, as it forms the very bedrock of logistics operations in the form of physical movement of goods and management of storage facilities integral to effective supply chain management. Germany's geographical position in Europe and its developed infrastructure have much to do with the dominance of this segment. It acts as an important transit country and the country's smooth transit of goods to other parts of Europe and beyond supports demand for freight transport and warehousing services. There are many reasons that drive the increase of the Transportation and Warehousing sector. Germany has a strong manufacturing industry that requires reliable transport services for the delivery of raw materials and finished products in a timely manner. This has further made it a major exporter, hence more demanding of efficient logistics solutions to have a competitive edge in various markets. Apart from that, growing e-commerce and online retailing demands are driving last-mile delivery services and sophisticated warehousing facilities to handle a diversified array of product inventories. Another core segment in the freight forwarding market is packaging, meaning safe preparation and protection of goods during transportation. Effective packaging can give a guarantee that the products will arrive undamaged at their destination included this minimizes risks, improving customer satisfaction. In Germany, this sector derives an advantage from the strict standards of quality and clean environment, which dictate the usage and type of materials to be used for packing in tandem with sustainability concerns and consumer preference. Documentation is one of the largest aspects of logistics operations, covering management of customs paperwork, shipping manifests, and compliance documents with the applicable regulations. In the freight forwarders market in Germany, professional documentation services are a prerequisite for the smooth conduct of international trade operations, giving due consideration to compliance with laws and regulations on the one hand and hastening clearance at customs on the other.

In the German freight forwarding market, road freight forwarding comes out as one of the top segments. It is versatile in nature, efficient, and has manifold infrastructure support across the continent of Europe. Germany's geographical position, centrally located in Europe, underlines more than ever the importance of road transportation in moving goods in and out quickly and inexpensively across borders. The dominance of this segment is further supported by the flexibility it can offer in door-to-door delivery solutions, ranging from large industrial shipments to smaller consignments for all kinds of industries. Several factors are driving growth for Road Freight forwarding in Germany. The country has a large, well-maintained road network that ensures great connectivity not only within Germany but throughout the broader European Union as well. This network integration provides reliability in transit times and enables the efficient management of supply chain logistics for any business, enhancing operational efficiency overall. Ocean Freight forwarding is an integral part of the German market, particularly considering that Germany is one of the world's major exporters and importers. This is a section that deals in bulk volume shipment over long distances through sea routes to destinations like industries such as manufacturing, automotive, and consumer goods. Economies of scale and cost efficiency due to bulk shipments are the reasons behind the growth of Ocean Freight forwarding. It also gives an expansive reach into international markets. In contrast, air freight forwarding caters to needs such as express shipments of high-value, time-critical goods like perishables, pharmaceuticals, and electronic goods. This is coupled with the strong export-oriented economy of Germany and its acting as a significant air cargo hub in Europe, with Frankfurt Airport being one of the major gateways across the world.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Freight Forwarding market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By End-User
• Industrial & Manufacturing
• Retail and E-commerce
• Automotive
• Consumer Goods
• Healthcare
• Others

By Service Type
• Transportation and Warehousing
• Packaging
• Documentation
• Value-added Services

By Transport Mode
• Ocean Freight forwarding
• Air Freight forwarding
• Road Freight forwarding
• Rail Freight forwarding

By Customer Type
• B2B
• B2C

The approach of the report:

This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Freight Forwarding industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.