International Freight Forwarding Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global International Freight Forwarding Market size is projected to expand at over 4.5% CAGR from 2024 to 2032, driven by a surge in launches and technological innovations.

To enhance logistics and boost efficiency in global shipping, companies are embracing cutting-edge technologies. These advancements, including sophisticated tracking systems and automation, not only accelerate freight operations but also render more accurate, reliable, and cost-effective solutions. As these technologies evolve, the international freight forwarding landscape will also expand, adapting to the needs of the interconnected world. For example, in March 2024, DP World unveiled a global freight forwarding network, marking its expansion to 100 branches in just eight months, thereby amplifying its global capabilities and fortifying its international logistics stature.

The market is segregated into service, mode of transportation, customer, end user, and region.

Based on mode of transportation, the international freight forwarding market value from the road segment is estimated to rise at a significant rate from 2024 to 2032, led by a quest for enhanced efficiency and reliability. Firms are adopting advanced tracking systems and automation in road transport, aiming to optimize cargo management and cut down transit times. Such innovations are making road transport a pivotal element of global shipping and logistics strategies.

International freight forwarding industry share from the B2C customer segment is anticipated to expand at a substantial CAGR through 2032, fueled by a rising appetite for direct-to-consumer shipping. With technology streamlining logistics, goods are reaching consumers directly and more swiftly. Enhanced by advanced tracking and automated warehousing, these operations ensure timely and accurate product delivery to consumers.

Regionally, the North America international freight forwarding market size is projected to depict a robust CAGR between 2024 and 2032, spurred by shifting regulatory landscapes. As organizations navigate new compliance mandates, they are reshaping cross-border freight management. These regulatory shifts not only bolster the transparency and security of international shipping but also streamline operations. To stay ahead, companies are adopting novel procedures and technologies, ensuring compliance and heightened efficiency across the region.

Product Code: 10382

Chapter 1 Methodology and Scope

1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
1.2 Base estimates and calculations
- 1.2.1 Base year calculation
- 1.2.2 Key trends for market estimation
1.3 Forecast model
1.4 Primary research and validation
- 1.4.1 Primary sources
- 1.4.2 Data mining sources
1.5 Market scope and definition

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Supplier landscape
- 3.2.1 Shippers
- 3.2.2 Freight forwarders
- 3.2.3 Custom brokers
- 3.2.4 End-user
3.3 Profit margin analysis
3.4 Technology and innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 The continuous expansion of global trade and economy
  - 3.8.1.2 The rise of e-commerce industry
  - 3.8.1.3 Innovations in logistics technology such as blockchain, data analytics, AI and ML
  - 3.8.1.4 Infrastructure development for transportation of goods
- 3.8.2 Industry pitfalls and challenges
  - 3.8.2.1 Complexities in regulations and delays
  - 3.8.2.2 Rising costs due to economic fluctuations
3.9 Growth potential analysis
3.10 Porter's analysis
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Services, 2021 - 2032 ($Bn)

5.1 Key trends
5.2 Freight transportation
5.3 Warehousing and distribution
5.4 Customs brokerage
5.5 Freight consolidation
5.6 Value-added services

Chapter 6 Market Estimates and Forecast, By Mode of Transportation, 2021 - 2032 ($Bn, 000' tons)

6.1 Key trends
6.2 Ocean
- 6.2.1 Freight transportation
- 6.2.2 Warehousing and distribution
- 6.2.3 Customs brokerage
- 6.2.4 Freight consolidation
- 6.2.5 Value-added services
6.3 Road
- 6.3.1 Freight transportation
- 6.3.2 Warehousing and distribution
- 6.3.3 Customs brokerage
- 6.3.4 Freight consolidation
- 6.3.5 Value-added services
6.4 Air
- 6.4.1 Freight transportation
- 6.4.2 Warehousing and distribution
- 6.4.3 Customs brokerage
- 6.4.4 Freight consolidation
- 6.4.5 Value-added services
6.5 Rail
- 6.5.1 Freight transportation
- 6.5.2 Warehousing and distribution
- 6.5.3 Customs brokerage
- 6.5.4 Freight consolidation
- 6.5.5 Value-added services

Chapter 7 Market Estimates and Forecast, By Customer, 2021 - 2032 ($Bn, 000' tons)

7.1 Key trends
7.2 B2B
7.3 B2C

Chapter 8 Market Estimates and Forecast, By End User, 2021 - 2032 ($Bn, 000' tons)

8.1 Key trends
8.2 Manufacturing
8.3 E-commerce and retail
8.4 Automotive
8.5 Healthcare and pharmaceuticals
8.6 Oil and gas
8.7 Food and beverage
8.8 Consumer goods
8.9 Others

Chapter 9 Market Estimates and Forecast, By Region, 2021 - 2032 ($Bn, 000' tons)

9.1 Key trends
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Russia
- 9.3.7 Rest of Europe
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
- 9.4.6 Southeast Asia
- 9.4.7 Rest of Asia Pacific
9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
- 9.5.4 Rest of Latin America
9.6 MEA
- 9.6.1 UAE
- 9.6.2 South Africa
- 9.6.3 Saudi Arabia
- 9.6.4 Rest of MEA

Chapter 10 Company Profiles

10.1 Bollore Logistics
10.2 C.H. Robinson
10.3 CEVA Logistics
10.4 DB Schenker
10.5 DHL
10.6 DSV
10.7 Expeditors International
10.8 Expeditors International
10.9 GEODIS
10.10 Hellmann Worldwide Logistics
10.11 Kerry Logistics
10.12 Kintetsu World Express
10.13 Kuehne + Nagel
10.14 Maersk Logistics
10.15 Nippon Express
10.16 Savino Del Bene
10.17 Sinotrans
10.18 Toll Group
10.19 UPS Supply Chain Solutions
10.20 Worldwide Logistics Group