Global Ocean Freight Forwarding Market
Dublin, Jan. 25, 2024 (GLOBE NEWSWIRE) -- The "Global Ocean Freight Forwarding Market by Type (Full Container Load, Less than Container Load), Service (Charter Services, Documentation & PO Management, Packaging & Labeling), End-User - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The latest comprehensive analysis of the global Ocean Freight Forwarding Market projects an optimistic growth trajectory, as the sector braces for a surge in demand, leveraging efficient and innovative logistic solutions. A newly in-depth research publication, now accessible on our website, offers extensive insights into the market, analyzing key segments including Full Container Load (FCL), Less than Container Load (LCL), various services offered, and end-user industries, in a forecast spanning from 2024 to 2030.
The study estimates that the market, valued at USD 75.64 billion in 2023, is anticipated to reach an impressive USD 106.86 billion by 2030, expanding at a compound annual growth rate (CAGR) of 5.05%. This growth is underpinned by bustling international trade, digital advancements, and heightened demand for sophisticated logistics solutions.
With Asia-Pacific leading the way as a major exporting hub, the demand for sophisticated tracking, rapid shipping times, and digital supply chain management has become more acute. The strategic locational advantage and infrastructural enhancements in the Middle East transform it into an emerging logistics nexus, particularly with the development of the Jebel Ali Port in Dubai.
Key Market Segments
Full Container Load (FCL)
Less than Container Load (LCL)
Documentation & PO Management
Packaging & Labeling
Transportation & Warehousing
Diverse End-User Industries
Oil & Gas
Retail & FMCG
Furthermore, the FPNV Positioning Matrix and Market Share Analysis provide a comprehensive perspective on the competitive landscape, offering stakeholders a formidable strategic planning tool. This detailed examination of market participants highlights the varied approaches and market presences of pivotal industry players.
Geographical Reference Points
Americas: Booming trade in the Americas, supported by technological advancements and the efficiency of major maritime ports.
Europe, Middle East & Africa (EMEA): A complex mix of varying consumer needs, eco-consciousness, and resilient supply chains emphasize the market’s dynamic nature.
Asia-Pacific: At the epicenter of the logistics revolution, Asia-Pacific’s robust export market continues to inject vitality into the global ocean freight forwarding arena.
No. of Pages
2024 - 2030
Estimated Market Value (USD) in 2024
Forecasted Market Value (USD) by 2030
Compound Annual Growth Rate
A.P. Moller - Maersk
AFM LOGISTICS PVT. LTD.
C.H. Robinson Worldwide, Inc.
CEVA Logistics SA
China Merchants Group Limited
Crane Worldwide Logistics LLC
Deutsche Post AG
Expeditors International of Washington, Inc.
Hellmann Worldwide Logistics SE & Co. KG
Kerry Logistics Network Limited
LX International Corp
Nippon Express CO., LTD.
Ocean-Air Freight Ltd
United Parcel Service, Inc.
YUSEN LOGISTICS CO., LTD
For more information about this report visit https://www.researchandmarkets.com/r/8i238v
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