LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global seafreight forwarding market size and it is poised to grow by USD 10.78 billion during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions:
Based on segmentation by service, which is the leading segment in the market?
FCL segment accounted for the largest market share of the market in 2019.
What are the major trends in the market?
Rising demand for intermodal freight transportation is one of the key seafreight forwarding market trends, that will gain traction in the forthcoming years.
At what rate is the market projected to grow?
The market is expected to grow at a CAGR of almost 3% during the forecast period
Who are the top players in the market?
Agility Public Warehousing Company 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. are some of the major market participants.
What are the key market drivers?
The growing global cross-border e-commerce market is one of the key drivers in the market.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Agility Public Warehousing Company 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. are some of the major market participants. The growing global cross-border e-commerce market driving the LCL volume will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Seafreight Forwarding Market 2020-2024: Segmentation
Seafreight Forwarding Market is segmented as below:
- North America
- South America
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Seafreight Forwarding Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The seafreight forwarding market report covers the following areas:
- Seafreight Forwarding Market Size
- Seafreight Forwarding Market Trends
- Seafreight Forwarding Market Industry Analysis
This study identifies the rising demand for intermodal freight transportation as one of the prime reasons driving the Seafreight Forwarding Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Seafreight Forwarding Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist seafreight forwarding market growth during the next five years
- Estimation of the seafreight forwarding market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the seafreight forwarding market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of seafreight forwarding market, vendors
Table of Contents:
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Service
- Market segments
- Comparison by Service
- FCL - Market size and forecast 2019-2024
- LCL - Market size and forecast 2019-2024
- Market opportunity by Service
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Agility Public Warehousing Company 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.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
List of abbreviations
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