Freight Forwarding Market, By Mode of Transport (Air Freight Forwarding, Ocean Freight Forwarding, Road Freight Forwarding, and Rail Freight Forwarding), By Services (Transportation & Warehousing, Packaging & Documentation, Insurance, and Value-added Serv

Freight Forwarding Market, By Mode of Transport (Air Freight Forwarding, Ocean Freight Forwarding, Road Freight Forwarding, and Rail Freight Forwarding), By Services (Transportation & Warehousing, Packaging & Documentation, Insurance, and Value-added Services (Customs Clearance, Transportation Tracking, and Others)), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

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 (2022-2028), considering 2021 as the base year.
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 (2022-2028), considering 2021 as the base year.
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”