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An ocean freight forwarder is an individual or company that acts as an intermediary and dispatches shipments via common sea carriers and makes all arrangements for those shipments on behalf of its clients. Ocean freight forwarders handle all the logistics needed and performs related activities pertaining to shipments.
Market Analysis and Insights: Global Ocean Freight Forwarding Market
Due to the COVID-19 pandemic, the global Ocean Freight Forwarding market size is estimated to be worth US$ 129990 million in 2021 and is forecast to a readjusted size of US$ 129990 million by 2028 with a CAGR of 7.4% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Ocean Freight Forwarding global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Ocean Freight Forwarding key players include Kuehne + Nagel, DHL Group, DB Schenker Logistics, GEODIS, etc. Global top four manufacturers hold a share nearly 20%.
China is the largest market, with a share about 25%, followed by Europe, and North America, both have a share about 40 percent.
In terms of product, LCL is the largest segment, with a share about 55%. And in terms of application, the largest application is Electronic, followed by Automotive, Beverage, Agricultural, etc.
Global Ocean Freight Forwarding Scope and Market Size
The global Ocean Freight Forwarding market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Ocean Freight Forwarding market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
LCL
FCL
Others
Segment by Application
Agricultural
Automotive
Beverage
Electronic
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Kuehne + Nagel
DHL Group
DB Schenker Logistics
GEODIS
Panalpina
DSV
Bolloré Logistics
Expeditors
Nippon Express
CEVA Logistics
Pantos Logistics
Agility Logistics
Hellmann
Damco
KWE
Hitachi Transport
Sankyu
Kerry Logistics
Logwin
C.H.Robinson
Yusen Logistics
Market Analysis and Insights: Global Ocean Freight Forwarding Market
Due to the COVID-19 pandemic, the global Ocean Freight Forwarding market size is estimated to be worth US$ 129990 million in 2021 and is forecast to a readjusted size of US$ 129990 million by 2028 with a CAGR of 7.4% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Ocean Freight Forwarding global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Ocean Freight Forwarding key players include Kuehne + Nagel, DHL Group, DB Schenker Logistics, GEODIS, etc. Global top four manufacturers hold a share nearly 20%.
China is the largest market, with a share about 25%, followed by Europe, and North America, both have a share about 40 percent.
In terms of product, LCL is the largest segment, with a share about 55%. And in terms of application, the largest application is Electronic, followed by Automotive, Beverage, Agricultural, etc.
Global Ocean Freight Forwarding Scope and Market Size
The global Ocean Freight Forwarding market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Ocean Freight Forwarding market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
LCL
FCL
Others
Segment by Application
Agricultural
Automotive
Beverage
Electronic
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Kuehne + Nagel
DHL Group
DB Schenker Logistics
GEODIS
Panalpina
DSV
Bolloré Logistics
Expeditors
Nippon Express
CEVA Logistics
Pantos Logistics
Agility Logistics
Hellmann
Damco
KWE
Hitachi Transport
Sankyu
Kerry Logistics
Logwin
C.H.Robinson
Yusen Logistics
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
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- By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
