Sea Freight Forwarding Market Analysis North America, APAC, Europe, Middle East and Africa, South America - US, China, Japan, Germany, France - Size and Forecast 2024-2028

Published: Jan 2024 Pages: 184 SKU: IRTNTR44732

Sea Freight Forwarding Market Forecast 2024-2028 

The Sea Freight Forwarding Market size is forecast to increase by USD 21.6 billion at a CAGR of 5.29% between 2023 and 2028. The growing global cross-border e-commerce market driving LCL volume is notably driving market development. The growing Internet penetration and rising purchasing power parity (PPP) across all regions are the key contributing factors to the growth of the global cross-border e-commerce industry. The US and China are the key contributing countries to the global cross-border e-commerce industry. This market growth analysis in cross-border e-commerce trade is expected to positively influence the volume of sea freight worldwide operations.

The LCL seafreight shipments are propelled by the rise in the number of small package shipments. Further, sea transportation is emerging as a preferred mode for e-commerce due to the developments in infrastructure and services designed specifically for the e-commerce industry. Increasing deployment of mega-ships is an emerging trend shaping the market growth. Mega-ships are container ships which have capacities of around 20,000 TEUs or more.

The global shipping industry is witnessing a trend of new deliveries and deployment of mega-ships for cargo movement. The factors driving the demand for mega-ships by shipping companies include the expansion of the Panama Canal and growing strategic alliances among shipping companies. This development allowed shipping companies to reduce shipping and operating costs by utilizing big vessels. Additionally, the assessment of air freight charges contributes to the overall logistics strategy, ensuring cost-effective transportation solutions.

What will be the Size of the Market During the Forecast Period?

For More Highlights About this Report, Download Free Sample in a Minute 

Market Segmentation

The manufacturing segment is estimated to witness significant growth during the forecast period. The manufacturing segment includes automotive, chemical, oil and gas, electronics, and wood and paper industries. Seafreight forwarding is a highly reliable mode of transportation of transportation equipment, machinery, and precision instruments for manufacturing industries. 

Get a glance at the market contribution of various segments Download the PDF Sample

The manufacturing segment was the largest and was valued at USD 25.24 billion in 2018. Owing to the rising number of middle-class populations that indulge in the purchase of automobiles and consumer goods, there will be an increased demand for automotive, chemical, oil and gas, electronics, and wood and paper. Additionally, companies such as Nippon Express Holdings Inc. and CEVA Logistics have invested heavily in specialized equipment, such as FCL and LCL, to handle chemicals, minerals, and ores shipments efficiently and safely. Hence, owing to the significant growth of the manufacturing segment, the market is expected to grow during the forecast period.

Regional Analysis

For more insights on the market share of various regions Download PDF Sample now!

North America is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional market growth and trends, and drivers that shape the market during the forecast period. The expansion of the Panama Canal has strengthened the regional market. The expanded canal can now accommodate vessels that are longer, wider, and heavier than before, and large-sized vessels can pass through the Panama Canal; it reduces the transit time and cost of transportation. This has enabled the sea freight forwarders to achieve economies of scale, as the higher the volume of loaded containers, the lower the operating cost. Thereby, driving the growth of the sea freight forwarding market in North America. The trade between NAFTA countries is likely to increase, particularly because of growth in industrial manufacturing and the rise in consumer spending capability. This is also expected to drive economic growth in NAFTA countries.

Further, the growing retail e-commerce market in the US is also contributing to the trade volume in the US. For instance, retail e-commerce sales in the US were valued at more than USD 1,825.3 billion in Q3 of 2023. The growing e-commerce market is likely to drive the demand for container shipping in the US and further boost the growth of the regional market during the forecast period.

Market Dynamics and Customer Landscape 

The Seafreight Forwarding Market is witnessing significant growth driven by the expanding global cross-border e-commerce market, emphasizing the importance of efficient freight forwarding services in facilitating international trade. An evident trend in this industry is the increasing deployment of mega-ships, enabling freight forwarders to optimize shipments and enhance logistical capabilities.

However, the market faces challenges such as the upsurge in freight cost, driven by factors including rising air freight charges and the need to comply with environmental regulations to reduce carbon emissions. With a focus on leveraging carrier ships and containers for both full container load (FCL) and less than container load (LCL) shipments, seafreight forwarders navigate through waterways and marines to transport cargo efficiently across long distances. Despite challenges related to heavy loads and hazardous cargo, the seafreight forwarding market remains integral to the shipping industry, supporting global commerce from the point of origin to destination while adapting to evolving trends in the e-commerce industry and advancements in transportation infrastructure.

Key Market Driver

The growing global cross-border e-commerce market driving LCL volume is notably driving market development. The growing Internet penetration and rising purchasing power parity (PPP) across all regions are the key contributing factors to the growth of the global cross-border e-commerce industry. The US and China are the key contributing countries to the global cross-border e-commerce industry. This market growth analysis in cross-border e-commerce trade is expected to positively influence the volume of sea freight worldwide operations. The LCL seafreight shipments are propelled by the rise in the number of small package shipments. Further, sea transportation is emerging as a preferred mode for e-commerce due to the developments in infrastructure and services designed specifically for the e-commerce industry.

For instance, in June 2022,  Maersk announced the acquisition of Senator International for cross-border logistics to Maersks North American landside logistics capabilities for different distribution models, such as business-to-business (B2B) and business-to-consumer (B2C). Therefore, the growing demand for global cross-border e-commerce services is driving the growth of the market during the forecast period.

Significant Market Trends

Increasing deployment of mega-ships is an emerging trend shaping the market growth. Mega-ships are container ships which have capacities of around 20,000 TEUs or more. The global shipping industry is witnessing a trend of new deliveries and deployment of mega-ships for cargo movement. The factors driving the demand for mega-ships by shipping companies include the expansion of the Panama Canal and growing strategic alliances among shipping companies. This development allowed shipping companies to reduce shipping and operating costs by utilizing big vessels.

For instance, in June 2023, Maersk deployed six mega ships of 9,000 TEU to expand methanol orders. This not only increased the global trade volume but also strengthened the shipping industry. Furthermore, on January 8, 2024, AAL Limassol floated its first six new mega size 32,000 dwt, which has dual fuel compatibility and is methanol ready. Thus, the deployment of mega-ships is anticipated to boost the growth of the market during the forecast period.

Major Market Challenge

Upsurge in freight cost is a significant challenge hindering the market growth. The major cost of transportation stems from fuel consumption, as an increase in crude oil prices is hindering the profitability of vendors. The increasing container freight rates are another factor contributing to the high cost of shipping in the market. Due to the disruption in the Suez Canal since March 2021, container freight rates in the global shipping industry are witnessing volatility, posing a challenge to seafreight forwarders and shipping companies to recover operating costs on certain sea-trade routes. 

However, bunker cost is another considerable cost element in the shipping industry, which amounts to around 25%-30% of the total freight cost. The rise in crude oil prices also increases the bunker cost. Thus, the rise in freight rates leads to financial distress among seafreight forwarders, which is expected to pose a challenge to the market during the forecast period.

Customer Landscape

The market forecasting research report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market analysis and report also include key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.

 Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Agility Public Warehousing Co. K.S.C.P - The company offers seafreight forwarding services such as ecommerce logistics and last mile delivery, fuel logistics, airport services, customs digitization, remote site services, and commercial real estate and facilities management.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • AP Moller Maersk AS
  • Bollore SE
  • C H Robinson Worldwide Inc.
  • CEVA Logistics S A
  • DACHSER SE
  • DB Schenker
  • Deutsche Post AG
  • DSV AS
  • Expeditors International of Washington Inc.
  • GEODIS
  • Glaube Logistics
  • Hellmann Worldwide Logistics SE and Co KG
  • Hitachi Ltd.
  • Inchcape Shipping Services
  • Kuehne Nagel Management AG
  • LX Pantos India Pvt Ltd.
  • Mullen Group
  • Nippon Express Holdings Inc.
  • Nippon Yusen Kabushiki Kaisha

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The Seafreight Forwarding Market is a critical component of global trade activities, facilitating the movement of goods via carrier ships and cargo ships. Whether it's full container load (FCL) or less than container load (LCL) shipments, seaborne trade plays a pivotal role in connecting point of origin to destinations across long distances.

As technology advancements drive industry investors to enhance sea freight logistics planning, online shopping, and e-retail revenues contribute to the growth of waterways and marines operations. Despite challenges such as security concerns and carbon emissions, ocean freight forwarders ensure safe and fast delivery of hazardous cargo and heavy loads.

Industries ranging from the automotive and electronics sectors to agriculture and healthcare rely on seafreight forwarding for low-cost transportation methods and reliable shipping (modes of transportation). With artificial intelligence (AI), global positioning system (GPS), and the Internet of Things (IoT) revolutionizing seaways management, the market adapts to meet the evolving needs of customers and global trade dynamics.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • End-user  Outlook 
    • Manufacturing
    • Retail and consumer goods
    • Healthcare
    • Others
  • Type Outlook
    • Full container load
    • Less-than container load
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile
      • Brazil
      • Argentina 
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Seafreight Forwarding Market Scope

Report Coverage

Details

Page number

184

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.29%

Market Growth 2024-2028

USD 21.6 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

4.82

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 38%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Agility Public Warehousing Co. K.S.C.P, AP Moller Maersk AS, Bollore SE, C H Robinson Worldwide Inc., CEVA Logistics S A, DACHSER SE, DB Schenker, Deutsche Post AG, DSV AS, Expeditors International of Washington Inc., GEODIS, Glaube Logistics, Hellmann Worldwide Logistics SE and Co KG, Hitachi Ltd., Inchcape Shipping Services, Kuehne Nagel Management AG, LX Pantos India Pvt Ltd., Mullen Group, Nippon Express Holdings Inc., Nippon Yusen Kabushiki Kaisha, SF Express Co. Ltd., Total Group, United Parcel Service Inc., and Sinotrans Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, market trends and analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download PDF Sample

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, APAC, Europe, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global seafreight forwarding market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global seafreight forwarding market 2018 - 2022 ($ billion)
    • 4.2 End User Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – End User Segment 2018 - 2022 ($ billion)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Manufacturing - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Manufacturing - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Manufacturing - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Manufacturing - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Manufacturing - Year-over-year growth 2023-2028 (%)
    • 6.4 Retail and consumer goods - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Retail and consumer goods - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Retail and consumer goods - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Retail and consumer goods - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Retail and consumer goods - Year-over-year growth 2023-2028 (%)
    • 6.5 Healthcare - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Healthcare - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Healthcare - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Healthcare - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Healthcare - Year-over-year growth 2023-2028 (%)
    • 6.6 Others - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.7 Market opportunity by End-user
      • Exhibit 50: Market opportunity by End-user ($ billion)
      • Exhibit 51: Data Table on Market opportunity by End-user ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 52: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 53: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 54: Chart on Comparison by Type
      • Exhibit 55: Data Table on Comparison by Type
    • 7.3 Full container load - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Full container load - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Full container load - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Full container load - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Full container load - Year-over-year growth 2023-2028 (%)
    • 7.4 Less-than container load - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Less-than container load - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Less-than container load - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Less-than container load - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Less-than container load - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 64: Market opportunity by Type ($ billion)
      • Exhibit 65: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 APAC - Market size and forecast 2023-2028
      • Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 France - Market size and forecast 2023-2028
      • Exhibit 103: Chart on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.12 Japan - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Agility Public Warehousing Co. K.S.C.P
              • Exhibit 119: Agility Public Warehousing Co. K.S.C.P - Overview
              • Exhibit 120: Agility Public Warehousing Co. K.S.C.P - Business segments
              • Exhibit 121: Agility Public Warehousing Co. K.S.C.P - Key news
              • Exhibit 122: Agility Public Warehousing Co. K.S.C.P - Key offerings
              • Exhibit 123: Agility Public Warehousing Co. K.S.C.P - Segment focus
            • 12.4 AP Moller Maersk AS
              • Exhibit 124: AP Moller Maersk AS - Overview
              • Exhibit 125: AP Moller Maersk AS - Business segments
              • Exhibit 126: AP Moller Maersk AS - Key news
              • Exhibit 127: AP Moller Maersk AS - Key offerings
              • Exhibit 128: AP Moller Maersk AS - Segment focus
            • 12.5 Bollore SE
              • Exhibit 129: Bollore SE - Overview
              • Exhibit 130: Bollore SE - Business segments
              • Exhibit 131: Bollore SE - Key offerings
              • Exhibit 132: Bollore SE - Segment focus
            • 12.6 C H Robinson Worldwide Inc.
              • Exhibit 133: C H Robinson Worldwide Inc. - Overview
              • Exhibit 134: C H Robinson Worldwide Inc. - Business segments
              • Exhibit 135: C H Robinson Worldwide Inc. - Key news
              • Exhibit 136: C H Robinson Worldwide Inc. - Key offerings
              • Exhibit 137: C H Robinson Worldwide Inc. - Segment focus
            • 12.7 CEVA Logistics S A
              • Exhibit 138: CEVA Logistics S A - Overview
              • Exhibit 139: CEVA Logistics S A - Business segments
              • Exhibit 140: CEVA Logistics S A - Key news
              • Exhibit 141: CEVA Logistics S A - Key offerings
              • Exhibit 142: CEVA Logistics S A - Segment focus
            • 12.8 DB Schenker
              • Exhibit 143: DB Schenker - Overview
              • Exhibit 144: DB Schenker - Business segments
              • Exhibit 145: DB Schenker - Key offerings
              • Exhibit 146: DB Schenker - Segment focus
            • 12.9 Deutsche Post AG
              • Exhibit 147: Deutsche Post AG - Overview
              • Exhibit 148: Deutsche Post AG - Product / Service
              • Exhibit 149: Deutsche Post AG - Key news
              • Exhibit 150: Deutsche Post AG - Key offerings
            • 12.10 DSV AS
              • Exhibit 151: DSV AS - Overview
              • Exhibit 152: DSV AS - Business segments
              • Exhibit 153: DSV AS - Key offerings
              • Exhibit 154: DSV AS - Segment focus
            • 12.11 Expeditors International of Washington Inc.
              • Exhibit 155: Expeditors International of Washington Inc. - Overview
              • Exhibit 156: Expeditors International of Washington Inc. - Business segments
              • Exhibit 157: Expeditors International of Washington Inc. - Key offerings
              • Exhibit 158: Expeditors International of Washington Inc. - Segment focus
            • 12.12 GEODIS
              • Exhibit 159: GEODIS - Overview
              • Exhibit 160: GEODIS - Product / Service
              • Exhibit 161: GEODIS - Key offerings
            • 12.13 Kuehne Nagel Management AG
              • Exhibit 162: Kuehne Nagel Management AG - Overview
              • Exhibit 163: Kuehne Nagel Management AG - Business segments
              • Exhibit 164: Kuehne Nagel Management AG - Key offerings
              • Exhibit 165: Kuehne Nagel Management AG - Segment focus
            • 12.14 Nippon Yusen Kabushiki Kaisha
              • Exhibit 166: Nippon Yusen Kabushiki Kaisha - Overview
              • Exhibit 167: Nippon Yusen Kabushiki Kaisha - Business segments
              • Exhibit 168: Nippon Yusen Kabushiki Kaisha - Key offerings
              • Exhibit 169: Nippon Yusen Kabushiki Kaisha - Segment focus
            • 12.15 SF Express Co. Ltd.
              • Exhibit 170: SF Express Co. Ltd. - Overview
              • Exhibit 171: SF Express Co. Ltd. - Business segments
              • Exhibit 172: SF Express Co. Ltd. - Key offerings
              • Exhibit 173: SF Express Co. Ltd. - Segment focus
            • 12.16 Sinotrans Ltd.
              • Exhibit 174: Sinotrans Ltd. - Overview
              • Exhibit 175: Sinotrans Ltd. - Business segments
              • Exhibit 176: Sinotrans Ltd. - Key offerings
              • Exhibit 177: Sinotrans Ltd. - Segment focus
            • 12.17 Total Group
              • Exhibit 178: Total Group - Overview
              • Exhibit 179: Total Group - Key offerings
            • 12.18 United Parcel Service Inc.
              • Exhibit 180: United Parcel Service Inc. - Overview
              • Exhibit 181: United Parcel Service Inc. - Business segments
              • Exhibit 182: United Parcel Service Inc. - Key offerings
              • Exhibit 183: United Parcel Service Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 184: Inclusions checklist
                • Exhibit 185: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 186: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 187: Research methodology
                • Exhibit 188: Validation techniques employed for market sizing
                • Exhibit 189: Information sources
              • 13.5 List of abbreviations
                • Exhibit 190: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              seafreight forwarding market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis