Market Snapshot:
Project forwarding logistic also known as freight forwarding. It is the coordination and shipments of goods from one place to another by a single or multiple carriers by air, marine, rail or highway. It provides services including project consultancy, cargo inspection, turnkey transportation solutions, physical surveys, and logistics cost analysis and estimating, third party negotiation and co-ordination of air or sea charters.
Highlights from Project Forwarding Logistic Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 47.2% |
The key Manufacturers profiled in the report are DHL Supply Chain (Germany), Kuehne + Nagel (Switzerland), Nippon Express (Tokyo), C.H. Robinson (United States), DSV Global (Denmark), XPO Logistics (United States) and SinoTrans Limited (China). Additionally, other players that are part of this comprehensive study are United Parcel Service (UPS) (Georgia) and Ninjavan (Singapore).
Geographic Breakdown and Segment Analysis
The Global Project Forwarding Logistic market presents a comprehensive analysis of the Project Forwarding Logistic market by product type (Project Forwarding, Corporate Forwarding and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Project Forwarding Logistic industry. Investors and Manufacturers can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Project Forwarding Logistic market
Analyst at AMA have segmented the market study of Global Project Forwarding Logistic market by Type, Application and Region.
Influencing Trend:
Technological Advancement across the Globe
Market Growth Drivers:
Increasing Implementation of Project Forwarding Logistic
Challenges:
Problems Related with Security and Safety
Restraints:
High Cost Associated with Project Forwarding Process
Opportunities:
Growing Demand for Project Forwarding Logistic from Emerging Economies
Market Developments Activities:
In February2021, Kuehne + Nagel has acquired Apex International Corporation. The acquisition is subject to customary closing conditions, such as merger clearance by the competent competition authorities. The purchase price will be financed by available liquid sources and, if needed, by available credit lines.
In January 2024,AD Ports Group (ADX: ADPORTS) announces that Noatum, which leads the Group’s Logistics Cluster, has launched Noatum Logistics Middle East, the company’s new brand that solidifies its commitment to delivering market-leading logistics services within the Middle East region.
Global Project Forwarding Logistic is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Technologies. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Key Target Audience
Project Forwarding Logistic Providers, Regulatory Bodies, New Entrants, Potential Investors, Research and Development Institutes and Others