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Seafreight Forwarding Market Size to Grow by USD 10.78 billion|40% of the marketplace Development to Stem from Europe

Byadmin2

May 6, 2022
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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.

Technavio has announced its latest market research report titled Seafreight Forwarding Market by Service and Geography - Forecast and Analysis 2020-2024

Technavio has actually revealed its most current marketing research report entitled Seafreight Forwarding Market by Service and Location – Projection and Analysis 2020-2024

Make notified service choices based upon the analysis and insights highlighted in Technavio reports. Demand a Sample Report!

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

  • 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

  • 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

Seafreight Forwarding Market Scope

Report Protection

Information

Page number

120

Base year

2019

Projection duration

2020-2024

Development momentum & & CAGR

Speed Up at a CAGR of 3%

Market development 2020-2024

USD 10.78 billion

Market structure

Fragmented

YoY development (%)

1.92

Regional analysis

Europe, APAC, The United States And Canada, South America, and MEA

Carrying out market contribution

Europe at 40%

Secret customer nations

China, Germany, United States, UK, Canada, and Japan

Competitive landscape

Prominent business, competitive methods, customer engagement scope

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.

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,

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

  • Market environment

  • Worth chain analysis

Market Sizing

5 Forces Analysis

Market Division by Service

  • Market sections

  • Contrast by Service

  • FCL – Market size and projection 2019-2024

  • LCL – Market size and projection 2019-2024

  • Market chance by Service

Consumer landscape

Geographical Landscape

  • Geographical division

  • Geographical contrast

  • Europe – Market size and projection 2019-2024

  • APAC – Market size and projection 2019-2024

  • The United States And Canada – Market size and projection 2019-2024

  • South America – Market size and projection 2019-2024

  • MEA – Market size and projection 2019-2024

  • Secret leading nations

  • Market chance by location

  • Market chauffeurs

  • Market difficulties

  • Market patterns

Supplier Landscape

  • Summary

  • Landscape interruption

Supplier Analysis

  • Suppliers covered

  • Market positioning of suppliers

  • 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

  • United Parcel Service Inc.

Appendix

About United States
Technavio is a leading worldwide innovation research study and advisory business. Their research study and analysis concentrate on emerging market patterns and supply actionable insights to assist services recognize market chances and establish reliable methods to enhance their market positions. With over 500 specialized experts, Technavio’s report library includes more than 17,000 reports and counting, covering 800 innovations, covering throughout 50 nations. Their customer base includes business of all sizes, consisting of more than 100 Fortune 500 business. This growing customer base counts on Technavio’s detailed protection, substantial research study, and actionable market insights to recognize chances in existing and possible markets and evaluate their competitive positions within altering market situations.

Contact
Technavio Research Study
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UK: +44 203 893 3200
Email: media@technavio.com
Site: www.technavio.com/

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