Sea Freight Forwarding Market size, Growth and Report 2023-2028

IMARC Group, a leading market research company, has recently released a report titled “Sea Freight Forwarding Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global sea freight forwarding market size share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How big is the sea freight forwarding market?

The global sea freight forwarding market size reached US$ 78.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 95.5 Billion by 2028, exhibiting a growth rate (CAGR) of 3.1% during 2023-2028.

What is sea freight forwarding?

Sea freight forwarding refers to the process of transporting goods and commodities via sea routes. It involves multiple logistical operations, such as packaging, warehousing, inventory management, and customs clearance, to ensure the secure and efficient transportation of goods from one location to another across the globe.



Sea freight forwarders are specialized agencies or entities that facilitate this entire process, acting as intermediaries between exporters, importers, and transportation services. They coordinate and streamline complex processes, adhering to regulatory requirements and providing clients with cost-effective, reliable solutions for large-scale, long-distance freight transport. It caters to various industries such as manufacturing, retail, automotive, electronics, and more. It is an indispensable service for businesses that operate internationally or require the importation and exportation of goods, offering advantages in terms of cost, environmental impact, and scalability.

Get the Sample Report: https://www.imarcgroup.com/sea-freight-forwarding-market/requestsample

What are the growth prospects and trends in the sea freight forwarding industry?

The market is primarily driven by the continuous expansion of international trade. Furthermore, the increasing demand from e-commerce, with its worldwide reach and burgeoning growth, is providing significant impetus to the market. Besides, the advent of advanced digital solutions in freight forwarding is further supporting the market. Moreover, continual technological advancements have led to enhanced tracking systems, real-time information, automation in paperwork, and improved overall operational efficiency, which offers streamlined processes, increased transparency, and reduced errors, thereby making it an even more attractive option for businesses. This is providing a boost to the market. Apart from this, the growing emphasis on sustainable business practices also favors sea freight, which is generally seen as a more environmentally friendly alternative to other freight methods.

Who are the key players operating in the industry?

The report covers the major market players including:

Sea Freight Forwarding Key Companies:

  • Agility Logistics
  • Bolloré Logistcs
  • H. Robinson Worldwide Inc.
  • CEVA Logistics
  • Deutsche Bahn AG
  • Deutsche Post AG
  • Expeditors International
  • Geodis
  • Hellmann Worldwide Logistics SE & Co. KG
  • Kerry Logistics Network Limited
  • Kuehne + Nagel, Sinotrans Limited
  • United Parcel Service Inc.
  • Yusen Logistics Co. Ltd.

Key Market Segmentation:

The report has segmented the global sea freight forwarding market on the basis of type, services, vertical and region.

Breakup by Type Insights:

  • Full Container Load (FCL)
  • Less-than Container Load (LCL)
  • Others

Breakup by Services Insights:

  • Packaging and Labeling
  • Documentation and PO Management
  • Charter Services
  • Transportation and Warehousing
  • Others

Vertical Insights:

  • Retail and FMCG
  • Manufacturing
  • Consumer Appliances
  • Healthcare
  • Textile
  • Others

Regional Analysis:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Explore Full Report Description At: https://www.imarcgroup.com/sea-freight-forwarding-market

Key Highlights of the Report:               

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Industry Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us                                    

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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