Global Sea Freight Forwarding Market Growth (Status and Outlook) 2023-2029
Sea Freight forwarder is an individual or that acts as an intermediary and dispatches shipments via common sea carriers and makes all arrangements for those shipments on behalf of its clients. Sea Freight forwarders handle all the logistics needed and performs related activities pertaining to shipments.
LPI (LP Information)' newest research report, the “Sea Freight Forwarding Industry Forecast” looks at past sales and reviews total world Sea Freight Forwarding sales in 2022, providing a comprehensive analysis by region and market sector of projected Sea Freight Forwarding sales for 2023 through 2029. With Sea Freight Forwarding sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sea Freight Forwarding industry.
This Insight Report provides a comprehensive analysis of the global Sea Freight Forwarding landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sea Freight Forwarding portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Sea Freight Forwarding market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sea Freight Forwarding and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sea Freight Forwarding.
The global Sea Freight Forwarding market size is projected to grow from US$ 71870 million in 2022 to US$ 85370 million in 2029; it is expected to grow at a CAGR of 2.5% from 2023 to 2029.
Global Sea Freight Forwarding key players include Kuehne + Nagel, DHL Group, Sinotrans, DB Schenker Logistics, GEODIS, etc. Global top five manufacturers hold a share about 35%. Europe is the largest market, with a share about 35%, followed by North America and China, both with a share about 20 percent. In terms of product, LCL is the largest segment, with a share about 50%. And in terms of application, the largest application is Automotive, followed by Electronic, Agricultural, Beverage, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Sea Freight Forwarding market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Full Container Load (FCL)
Less-Than Container Load (LCL)
Others
Segmentation by application
Agricultural
Automotive
Beverage
Electronic
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Kuehne + Nagel
DHL
Sinotrans
DB Schenker Logistics
GEODIS
Panalpina
DSV
Bolloré Logistics
Expeditors
Dachser
Nippon Express
CEVA Logistics
Pantos Logistics
Agility Logistics
Hellmann
Damco
KWE
Hitachi Transport
UPS Supply Chain
Sankyu
Kerry Logistics
Logwin
CJ Korea Express
C.H.Robinson
Yusen Logistics
NNR Global Logistics
Dimerco
Toll Holdings
Pilot Freight Services
Please note: The report will take approximately 2 business days to prepare and deliver.
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