NEW YORK CITY , Might 6, 2022/ PRNewswire/– The seafreight forwarding market has actually been classified as a part of the worldwide marine market within the worldwide transport market. The marketplace size is anticipated to grow by USD 10.78 bn from 2019 to 2024. The development momentum of the marketplace will advance at a CAGR of 3% throughout the projection duration.
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The seafreight forwarding market covers the following locations:
Seafreight Forwarding Market Sizing
Seafreight Forwarding Market Projection
Seafreight Forwarding Market Analysis
Motorist and Obstacle
The growing worldwide cross-border e-commerce market driving the LCL volume is among the essential elements driving the development of the seafreight forwarding market. The worldwide cross-border e-commerce market was valued at USD 460 billion in 2017 and is anticipated to reach USD 1,265 billion throughout the projection duration. The United States and China are the essential contributing nations for the worldwide cross-border e-commerce market. The growing Web penetration and increasing acquiring power parity (PPP) throughout all the areas are adding to the development of the cross-border e-commerce market. This development is anticipated to affect the volume of seafreight around the world favorably. LCL seafreight deliveries are moved by the increase in the variety of little plan deliveries. Additionally, suppliers are preparing to broaden their service portfolio. Sea transport is becoming a favored mode for e-commerce due to advancements in facilities. In addition, there is an increase in using intermodal freight transport due to the expense benefits it uses for the carriers as compared to utilizing a single mode of transport.
The debt consolidation in the shipping market causing high freight expense and functional troubles will challenge the seafreight forwarding market throughout the projection duration. The shift towards debt consolidation in the shipping market is anticipated to continue throughout the projection duration. Significant shipping business have actually formed alliances, therefore reducing the excess capability of vessels along with decreasing the expense of ditching the ships lying idle in ports. Such debt consolidations in the shipping market will cause an oligopolistic market, which might lead to less alternatives for freight forwarders to pick from. This, in turn, will cause a boost in freight rates.
Regional analysis
Europe will represent 40% of the marketplace’s development throughout the projection duration. The growing trade volume on European trade paths, increasing container port throughput, and the increasing variety of FTAs in the area will drive the seafreight forwarding market development in Europe throughout the projection duration. Market development in this area will be much faster than the development of the marketplace in other areas. Germany and UK are the essential nations for the seafreight forwarding market in Europe
Business Pointed Out
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Dexterity Public Warehousing Business KSCP
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C.H. Robinson Worldwide Inc.
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CEVA Logistics AG
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CJ Logistics Corp.
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Deutsche Bahn AG
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Deutsche Post AG
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DSV Panalpina A/S
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Hellmann Worldwide Logistics SE & & Co. KG
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Kuehne + Nagel International AG
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United Parcel Service Inc.
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Associated Reports:
Marine Loading Arms Market by Application and Location – Projection and Analysis 2021-2025
Pipelay Vessel Operator Market by Vessel Type and Location – Projection and Analysis 2021-2025
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Seafreight Forwarding Market Scope |
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Report Protection |
Information |
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Page number |
120 |
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Base year |
2019 |
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Projection duration |
2020-2024 |
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Development momentum & & CAGR |
Speed Up at a CAGR of 3% |
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Market development 2020-2024 |
USD 10.78 billion |
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Market structure |
Fragmented |
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YoY development (%) |
1.92 |
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Regional analysis |
Europe, APAC, The United States And Canada, South America, and MEA |
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Carrying out market contribution |
Europe at 40% |
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Secret customer nations |
China, Germany, United States, UK, Canada, and Japan |
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Competitive landscape |
Prominent business, competitive methods, customer engagement scope |
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Business profiled |
Dexterity Public Warehousing Business KSCP, C.H. Robinson Worldwide Inc., CEVA Logistics AG, CJ Logistics Corp., Deutsche Bahn AG, Deutsche Post AG, DSV Panalpina A/S, Hellmann Worldwide Logistics SE & & Co. KG, Kuehne + Nagel International AG, and United Parcel Service Inc. |
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Market Characteristics |
Moms and dad market analysis, Market development inducers and challenges, Fast-growing and slow-growing sector analysis, COVID 19 effect and future customer characteristics, market condition analysis for projection duration, |
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Personalization province |
If our report has actually not consisted of the information that you are searching for, you can connect to our experts and get sections personalized. |
Secret Topics Covered:
Executive Summary
Market Landscape
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Market environment
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Worth chain analysis
Market Sizing
5 Forces Analysis
Market Division by Service
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Market sections
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Contrast by Service
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FCL – Market size and projection 2019-2024
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LCL – Market size and projection 2019-2024
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Market chance by Service
Consumer landscape
Geographical Landscape
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Geographical division
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Geographical contrast
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Europe – Market size and projection 2019-2024
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APAC – Market size and projection 2019-2024
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The United States And Canada – Market size and projection 2019-2024
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South America – Market size and projection 2019-2024
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MEA – Market size and projection 2019-2024
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Secret leading nations
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Market chance by location
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Market chauffeurs
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Market difficulties
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Market patterns
Supplier Landscape
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Summary
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Landscape interruption
Supplier Analysis
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Suppliers covered
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Market positioning of suppliers
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Dexterity Public Warehousing Business KSCP
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C.H. Robinson Worldwide Inc.
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CEVA Logistics AG
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CJ Logistics Corp.
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Deutsche Bahn AG
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Deutsche Post AG
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DSV Panalpina A/S
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Hellmann Worldwide Logistics SE & & Co. KG
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Kuehne + Nagel International AG
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United Parcel Service Inc.
Appendix
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SOURCE Technavio