The Freight Forwarding Market is projected to reach USD 265.14 billion by 2033, up from USD 174.23 billion in 2023, reflecting a compound annual growth rate (CAGR) of 4.16% over the period from 2023 to 2033. This market encompasses the global logistics and supply chain management industry, specializing in the coordination and transportation of goods on behalf of shippers. Freight forwarders serve as intermediaries between shippers and carriers, managing the movement of goods from their origin to their final destination.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Mode Of Transport (Air Freight Forwarding, Sea Freight Forwarding)
By Services (Freight Transport, Warehousing, Value-added Services, others)
Key players
DHL Supply Chain
DB SCHENKER
Sinotrans India Private Limited.
Expeditors International of Washington Inc.
DSV Panalpina A/S
Nippon Express Co. Ltd.
United Parcel Service of America Inc
Bolloré Logistics
CEVA Logistics
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