The Freight Forwarding Market is expected to grow from an estimated USD 205.6 million in 2024 to USD 324.5 million in 2033, at a CAGR of 5.2%.

The demand for efficient freight forwarding services is increasingly important. International trade allows countries to exchange goods and services, thus enhancing economic growth by promoting access to newer markets and encouraging specialization. As more and more companies go global, the requirement for logistics services that can efficiently move products across borders becomes greatly multiplied. This trend is especially evident within emerging markets, where trade liberalization and improved infrastructure open up new horizons for cross-border trade.

The latest report is updated with the impact analysis of the current COVID-19 pandemic on the market. The rapidly changing dynamics of the market and current and future growth potential of the market are covered in the report. The report offers crucial information about the initial and future assessment of the impact of the COVID-19 crisis on the overall market. The market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

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 The leading market contenders listed in the report are:

Bollore Logistics, CEVA Logistics, DB Schenker, DHL Global Forwarding, DSV Global Transports and Logistics, Expeditors International, FedEx Corp., Kuehne + Nagel International AG, Nippon Express Co. Ltd., United Parcel Service

Key reasons to buy the Global Market report:

1. The latest report comprehensively studies the global market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
2. The report offers an insightful analysis of the regional outlook of the market.
3. It offers a detailed account of the end-use applications of the products services offered by this industry.
4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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 Market Segmentations of the Market

By Mode of Transportation Outlook (Revenue, USD Million; 2020-2033)

• Ocean Freight Forwarding
• Air Freight Forwarding
• Road Freight Forwarding
• Rail Freight Forwarding

By Customer Type Outlook (Revenue, USD Million; 2020-2033)

• B2B
• B2C

By End-Use Outlook (Revenue, USD Million; 2020-2033)

• Manufacturing
• Retail
• Healthcare
• Oil and Gas
• Food and Beverage
• Others

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 Regional Outlook of the Market

The global market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Key reasons to buy the Global Market report:

1. The latest report comprehensively studies the global market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
2. The report offers an insightful analysis of the regional outlook of the market.
3. It offers a detailed account of the end-use applications of the products services offered by this industry.
4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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