Global Seafreight Forwarding Market 2024-2028
The seafreight forwarding market is forecasted to grow by USD 21.6 bn during 2023-2028, accelerating at a CAGR of 5.29% during the forecast period. The report on the seafreight forwarding market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a growing global cross-border e-commerce market driving LCL volume, rising demand for intermodal freight transportation, and an increasing number of FTAs among nations.
Technavio's seafreight forwarding market is segmented as below:
By End-user
- Manufacturing
- Retail and consumer goods
- Healthcare
- Others
By Type
- Full container load
- Less-than container load
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the introduction of blockchain in the shipping industry as one of the prime reasons driving the seafreight forwarding market growth during the next few years. Also, the increasing deployment of mega-ships and the increasing deployment of online freight management platforms will lead to sizable demand in the market.
The report on the seafreight forwarding market covers the following areas:
- Seafreight forwarding market sizing
- Seafreight forwarding market forecast
- Seafreight forwarding market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading seafreight forwarding market vendors that include Agility Public Warehousing Co. K.S.C.P, AP Moller Maersk AS, Bollore SE, C H Robinson Worldwide Inc., CEVA Logistics S A, DACHSER SE, DB Schenker, Deutsche Post AG, DSV AS, Expeditors International of Washington Inc., GEODIS, Glaube Logistics, Hellmann Worldwide Logistics SE and Co KG, Hitachi Ltd., Inchcape Shipping Services, Kuehne Nagel Management AG, LX Pantos India Pvt Ltd., Mullen Group, Nippon Express Holdings Inc., Nippon Yusen Kabushiki Kaisha, SF Express Co. Ltd., Total Group, United Parcel Service Inc., and Sinotrans Ltd.. Also, the seafreight forwarding market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.