Thursday, July 7, 2022
Market-Reporter
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
Market-Reporter
No Result
View All Result
Home Asia

Worldwide Freight Forwarding Industry to 2026 –

MtR by MtR
June 10, 2021
in Asia
0


Dublin, June 10, 2021 (GLOBE NEWSWIRE) — The “Freight Forwarding Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.

The global freight forwarding market is expected to grow steadily with a CAGR of more than 4% during the forecast period. The growth in international trade volumes is a major driver for the freight forwarding market. Moreover, the rise in trade agreements between countries is also contributing to the growth of the market. Asia-Pacific is the fastest growing and the largest market for freight forwarding, with the Chinese freight forwarding market holding the maximum share.

Related articles

Japan could be about to surprise markets with monetary policy

July 7, 2022

China's cities offer evictees sweeteners to boost housing market – Nikkei Asia

July 6, 2022

Being non-asset based, the sector is facing high competition from other players in supply chain and technology-based companies which are disrupting the freight forwarding market. The market is one of the sectors that were hit the hardest by the COVID-19 outbreak in 2020. With the lockdown in many countries and a major focus on the production of essential products, the volumes of air and ocean freight have fallen significantly in 2020. However, the market is now recovering backed by the manufacturing and e-commerce industries; especially the air freight forwarding market with significant thrust during the period as reported by the International Air Transport Association (IATA) in January 2021.

Key Market Trends

Sea Freight Forwarding to experience high growth rate through the forecast period

The global sea freight forwarding market is booming, owing to the growing internet penetration, increasing purchasing power parity, developments in infrastructure (ports, containers, and ships with new technologies), and services designed particularly for the e-commerce industry.

Sea freight forwarding is preferred by several end-user industries, and several strategic partnerships are also likely to promote the growth of sea freight forwarding during the forecast period. The growing global cross border e-commerce market is also driving the less-than-container load (LCL) volume and is positively impacting the sea freight forwarding market growth.

Factors, such as the growing trade volume in European trade routes, the increasing container port throughput, and the rising number of FTAs will significantly drive sea freight forwarding market growth in this region during the forecast period.

Germany and the United Kingdom are the key markets for sea freight forwarding in Europe. Market growth in this region will be faster than the growth of the market in other regions.

Asia-Pacific is anticipated to witness high growth through the forecast period

The global logistics industry is going through an uncertain period due to COVID-19. The Asia-Pacific market is one of the few regions that are still growing despite the pandemic.

For the freight and logistics market, Asia-Pacific is the fastest-growing region, globally. This is due to the increasing logistics in ASEAN countries and the presence of major economies, like China and India. Additionally, the high government support for the logistics sector in the region is also a factor boosting the industry growth.

China is the largest manufacturer in the region and in the world, with an increasing demand for pharmaceutical products and essentials. China reopened its factories way before other countries, as a result, it is still leading the freight forwarding market, globally.

Also, leading countries in the region are observing faster technological integration in the logistics process. In India, 80% of freight moves by road, and the trucking industry is adopting industry-leading tracking technology to trace and predict the exact delivery times. Thailand is incorporating IBM and Maersk’s blockchain project to streamline its shipment monitoring processes.

Competitive Landscape

The global freight forwarding market is made up of large number of players. However, the top 20 players dominate the market accounting for more than 50% of the total market. Leading players in the market include DHL Global Forwarding, Kuehne + Nagel International AG, DB Schenker, DSV and Expeditors International.

As the freight forwarding market is growing steadily and there exists abundant opportunity, the players need to embrace technologies, become more digitized, and increase the scale and efficiency of their operations. Having a strong network spanning across the globe is important for companies. As the industry is highly competitive and witnessing huge transformations, the companies need to develop specialized solutions to improve customer experience.

Companies are constantly under pressure to minimize cost and optimize operational efficiency. In the wake of investment shifts and diversification of global supply chains, international investors are increasingly interested in mergers and acquisitions in the ASEAN logistics market. Global logistics companies have been expanding in the ASEAN region, because of the increase in commerce and trade activities. As such, investment opportunities for the sector have been increasing accordingly.

Reasons to Purchase this report:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS
4.1 Current Market Scenario
4.2 Value Chain/Supply Chain Analysis
4.3 Government Regulations and Initiatives
4.4 Technological Trends and insights on E-Freight Forwarding Market
4.5 Insights on E-Commerce Industry in the Region (Domestic and Cross-Border)
4.6 Spotlight – Freight Transportation Costs/Freight Rates
4.7 Brief on Freight Transport Corridors
4.8 Impact of COVID-19 on the Freight Forwarding Market

5 MARKET DYNAMICS
5.1 Market Drivers
5.2 Market Restraints/Challenges
5.3 Market Opportunities
5.4 Industry Attractiveness – Porter’s Five Forces Analysis
5.4.1 Threat of New Entrants
5.4.2 Threat of Substitute Products
5.4.3 Bargaining Power of Buyers/Consumers
5.4.4 Bargaining Power of Suppliers
5.4.5 Intensity of Competitive Rivalry

6 MARKET SEGMENTATION
6.1 By Mode
6.1.1 Air Freight Forwarding
6.1.2 Sea Freight Forwarding
6.2 By Geography
6.2.1 North America
6.2.1.1 United States
6.2.1.2 Canada
6.2.1.3 Mexico
6.2.2 Europe
6.2.2.1 Germany
6.2.2.2 France
6.2.2.3 United Kingdom
6.2.2.4 Netherlands
6.2.2.5 Italy
6.2.2.6 Rest of Europe
6.2.3 Asia-Pacific
6.2.3.1 China
6.2.3.2 Japan
6.2.3.3 Australia
6.2.3.4 India
6.2.3.5 Singapore
6.2.3.6 Malaysia
6.2.3.7 Indonesia
6.2.3.8 Vietnam
6.2.3.9 South Korea
6.2.3.10 Rest of Asia-Pacific
6.2.4 South America
6.2.4.1 Brazil
6.2.4.2 Chile
6.2.4.3 Rest of South America
6.2.5 Middle East & Africa
6.2.5.1 South Africa
6.2.5.2 United Arab Emirates
6.2.5.3 Saudi Arabia
6.2.5.4 Qatar
6.2.5.5 Rest of Middle East & Africa

7 COMPETITIVE LANDSCAPE
7.1 Overview (Market Concentration, Major Players)
7.2 Company Profiles
7.2.1 DHL Supply Chain & Global Forwarding
7.2.2 Kuehne + Nagel International AG
7.2.3 DB Schenker
7.2.4 DSV
7.2.5 Sinotrans
7.2.6 Expeditors International
7.2.7 Nippon Express Co., Ltd.
7.2.8 CEVA Logistics
7.2.9 UPS Supply Chain Solutions
7.2.10 Kerry Logistics
7.2.11 Bollore Logistics
7.2.12 C.H.Robinson Worldwide Inc.
7.2.13 GEODIS
7.2.14 Yusen Logistics/NYK Logistics
7.2.15 Agility Logistics*

8 FUTURE OF THE MARKET

9 APPENDIX
9.1 Freight Volume Movement Statistics for Key Countries

For more information about this report visit https://www.researchandmarkets.com/r/pxkycg



Source link

Related Posts

Japan could be about to surprise markets with monetary policy

by MtR
July 7, 2022
0

Japan's national flag flies atop the Bank of Japan building on November 12, 2019 in Tokyo, Japan.Tomohiro Ohsumi | Getty...

China's cities offer evictees sweeteners to boost housing market – Nikkei Asia

by MtR
July 6, 2022
0

China's cities offer evictees sweeteners to boost housing market  Nikkei Asia Source link

Oil From US Strategic Reserve Went to Asia, Europe As Gas Prices Leapt

by MtR
July 6, 2022
0

More than 5 million barrels of oil from the US Strategic Petroleum Reserve were exported to Asia and Europe last...

Asia Pacific Solar Power Equipment Market Forecast Report to 2027: Increased Demand for Clean and Renewable Energy, Rapid Urbanization, Industrialization and Economic Growth Drive Demand – ResearchAndMarkets.com

by MtR
July 6, 2022
0

DUBLIN--(BUSINESS WIRE)--The "Asia Pacific Solar Power Equipment Market Size, Share & Industry Trends Analysis Report By Equipment, By Application, By...

Sensex rises 250 points, Nifty above 15,850; Asian Paints gains 3% – Economic Times

by MtR
July 6, 2022
0

Sensex rises 250 points, Nifty above 15,850; Asian Paints gains 3%  Economic Times Source link

Load More
  • Trending
  • Comments
  • Latest

Bank of England tells ministers to intervene on digital currency ‘programming’

June 21, 2021

Tips for checking smoke alarms during daylight saving time

March 12, 2022

GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

July 9, 2021
Fed tapering and emerging markets

Fed tapering and emerging markets

June 7, 2021
African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

0
Maxum Foods releases Global Dairy Commodity Update for June

Maxum Foods releases Global Dairy Commodity Update for June

0
Letter: Perpetual bonds can help states fight hunger

Letter: Perpetual bonds can help states fight hunger

0
United Kingdom ETFs Are Riding the Re-Opening Momentum

United Kingdom ETFs Are Riding the Re-Opening Momentum

0

Automotive Sun Gear Market Size, Share And Forecast to 2028

July 7, 2022

Online Gaming Market Size to Achieve USD 132 Billion by

July 7, 2022

SPYR, Inc. Issues Statement on Recently Identified

July 7, 2022

Japan could be about to surprise markets with monetary policy

July 7, 2022

Recent News

Automotive Sun Gear Market Size, Share And Forecast to 2028

July 7, 2022

Online Gaming Market Size to Achieve USD 132 Billion by

July 7, 2022

SPYR, Inc. Issues Statement on Recently Identified

July 7, 2022

Categories

  • Asia
  • Bonds
  • Canada
  • Commodities
  • Cryptocurrencies
  • Currencies
  • Emerging Markets
  • ETFs
  • Europe & Middle East
  • IPOs
  • Latin America
  • Mutual Funds
  • Personal Finance
  • Real Estate
  • Retirement
  • Spending & Saving
  • Stocks
  • U.S. Markets
  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise with us

© 2021 Copyright Market-Reporter

No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate

© 2021 Copyright Market-Reporter