Service & Software industry report: Status and future development trend of Sea Freight Forwarding

The 《Global Sea Freight Forwarding Market 2023 by Company, Regions, Type and Application, Forecast to 2029》 market analysis released by Global Market Consulting shows that the report covers the research and analysis of the global and Sea Freight Forwarding, and the report also analyzes the factors that affect market development, and the data in the report are based on primary and secondary research. The method is used as the basis, and its purpose is to let users know the development opportunities and unfavorable factors of the market in time.

Sea Freight forwarder is an individual or that acts as an intermediary and dispatches shipments via common sea carriers and makes all arrangements for those shipments on behalf of its clients. Sea Freight forwarders handle all the logistics needed and performs related activities pertaining to shipments.

According to our (Global Info Research) latest study, the global Sea Freight Forwarding market size was valued at USD 75600 million in 2022 and is forecast to a readjusted size of USD 88620 million by 2029 with a CAGR of 2.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global Sea Freight Forwarding key players include Kuehne + Nagel, DHL Group, Sinotrans, DB Schenker Logistics, GEODIS, etc. Global top five manufacturers hold a share about 35%. Europe is the largest market, with a share about 35%, followed by North America and China, both with a share about 20 percent. In terms of product, LCL is the largest segment, with a share about 50%. And in terms of application, the largest application is Automotive, followed by Electronic, Agricultural, Beverage, etc.

This report is a detailed and comprehensive analysis for global Sea Freight Forwarding market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Read More Information: https://www.globalinforesearch.com/reports/1003871/sea-freight-forwarding