Maharashtra, India -- (SBWire) -- 02/25/2019 --Sea Freight Forwarding Market
Summary
Sea 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. Sea Freight forwarders handle all the logistics needed and performs related activities pertaining to shipments.
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In 2018, the global Sea Freight Forwarding market size was 66300 million US$ and it is expected to reach 80700 million US$ by the end of 2025, with a CAGR of 2.5% during 2019-2025.
Technological Advancements
The report includes an in-depth analysis of the industrial value chain, which provides a detailed view of the Sea Freight Forwarding Market. The Porter's Five Forces model for the market has also been studied, in order to help understand the competitive scenario in the market. The study includes market attractiveness analysis, wherein the end-users are standardized, on the basis of the market size, overall attractiveness, and growth rate.
The Sea Freight Forwarding market is very fragmented market; the revenue of top twenty-nine players accounts about 67% of the total revenue in 2016.
2 The leading manufactures players are Kuehne + Nagel, DHL Group, Sinotrans ,DB Schenker Logistics, GEODIS and Panalpina. Kuehne + Nagel is the largest players; its revenue of global market exceeds 13% in 2017. The next is DHL Group and Sinotrans.
3 There are mainly three type service of Sea Freight Forwarding market: Full Container Load (FCL), less-than container load (LCL) and others. Full Container Load (FCL) accounts the largest proportion.
4 Geographically, the global Sea Freight Forwarding market has been segmented into North America, EU, China, Japan, India, Southeast Asia and RoW. The EU held the largest share in the global Sea Freight Forwarding market, its revenue of global market exceeds 30% in 2017. The next is North America and China.
This report focuses on the global Sea Freight Forwarding status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Sea Freight Forwarding development in United States, Europe and China.
The key players covered in this study
Kuehne + Nagel, DHL Group, Sinotrans, DB Schenker Logistics, GEODIS, Panalpina, DSV, Bolloré Logistics, Expeditors, Dachser, Nippon Express, CEVA Logistics, Pantos Logistics, Agility Logistics, Hellmann, Damco, KWE, Hitachi Transport, UPS Supply Chain, Sankyu, Kerry Logistics, Logwin, CJ Korea Express, C.H.Robinson, Yusen Logistics, NNR Global Logistics, Dimerco, Toll Holdings, Pilot Freight Services
Market segment by Type, the product can be split into
Full Container Load (FCL)
Less-than container load (LCL)
Others
Market segment by Application, split into
Agricultural
Automotive
Beverage
Electronic
Other
Key Regions for this market: North America, Europe, APAC, Latin America, and the Middle East & Africa.
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Major Features:
The report provides a thorough analysis of some of the significant factors, which include cost, capacity, capacity utilization rate, production, revenue, production rate, consumption, import/export, supply/demand, gross, market share, CAGR, and gross margin. Besides, the report provides a comprehensive study of the key influencing factors and market inclinations, in addition to the relevant market segments and sub-segments.
Key Benefits:
1.The research report provides a detailed analysis of the Sea Freight Forwarding Market along with the current and future growth prospects so as to shed light on the prominent investment pockets.
2.Information regarding key growth factors, constraints, and opportunities, along with their impact analysis on the Sea Freight Forwarding Market is provided.
3.Porter's fives forces analysis elaborates the effectiveness of buyers and suppliers operating in the market, globally and regionally.
4.The qualitative and quantitative analysis of the market from 2019 to 2025 is provided to put forth the market potential.
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In this study, the years considered to estimate the market size of Sea Freight Forwarding are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Key questions answered in the report include:
What will the market size and the growth rate by the end of the forecast period?
What are the key industry trends impacting the growth of the market?
What are the key factors driving and restraining the Sea Freight Forwarding market?
What are the challenges to market growth?
What are the market opportunities and threats faced by the key players in the market?
Who are the leading competitors functioning in the market for Sea Freight Forwarding?
What are the key outcomes of Porter's five forces analysis of the Sea Freight Forwarding market?
Conclusion:
The report concludes with the profiles of major players in the Sea Freight Forwarding Market. The foremost market performers are accessed on the basis of various parameters such as company overview, product portfolio, and do on., as well as the latest development trends of the Market.
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