Global Seafreight Forwarding Market Growth (Status and Outlook) 2023-2029

Global Seafreight 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 “Seafreight Forwarding Industry Forecast” looks at past sales and reviews total world Seafreight Forwarding sales in 2022, providing a comprehensive analysis by region and market sector of projected Seafreight Forwarding sales for 2023 through 2029. With Seafreight Forwarding sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Seafreight Forwarding industry.

This Insight Report provides a comprehensive analysis of the global Seafreight 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 Seafreight Forwarding portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Seafreight Forwarding market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Seafreight 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 Seafreight Forwarding.

The global Seafreight 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 Seafreight Forwarding market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Packaging
Documentation
Transportation and Warehousing
VAS (Value-Added Services)
Other

Segmentation by application
Domestic
International

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.
Deutsche Post DHL Group
Kuehne + Nagel
DB Schenker
Sinotrans
C.H. Robinson Worldwide
CEVA Logistics
CJ Korea Express
Dachser
Dimerco
DSV
Expeditors International
Geodis
Hellmann Worldwide Logistics
Hitachi Transport System
Kerry Logistics Network
Logwin
Nippon Express
NNR Global Logistics
Panalpina
Pantos Logistics
Pilot Freight Services
Bollore Logistics
Toll Holdings
UPS Supply Chain Solutions
Yusen Logistics

Please note: The report will take approximately 2 business days to prepare and deliver.