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Freight forwarders, also known as non-vessel operating common carriers, are agents that arrange shipments for industries from manufacturers to the final destination. Forwarders have contracts with shipping line carriers to move cargo. This provides help them offer a secure network of movement of cargo at low prices. They act as supply chain experts and their services include commercial invoicing, warehousing, packaging, documentation, declaration of shippers export, and distribution at the final destination.
Scope of the Report:
This report studies the Freight forwarding market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Freight forwarding market by product type and applications/end industries.
The global Freight forwarding market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Freight forwarding.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
- Agility Global Integrated Logistics
- BDP International
- C.H. Robinson
- CEVA Logistics
- DAMCO
- DSV
- Expeditors International
- Geodis
- Hellmann Worldwide Logistics
- Kerry Logistics
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Packaging
- Documentation
- Transportation and warehousing
- VAS (Value-added services)
Market Segment by Applications, can be divided into
- Ships
- Aircraft
- Trucks
- Railroads