Industry Background:
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.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | DHL Supply Chain (Germany), Kuehne + Nagel (Switzerland), Nippon Express (Tokyo), C.H. Robinson (United States), DSV Global (Denmark), XPO Logistics (United States), SinoTrans Limited (China), United Parcel Service (UPS) (Georgia) and Ninjavan (Singapore) |
This growth is primarily driven by Increasing Implementation of Project Forwarding Logistic.
Globally, a noticeable market trend is evident Technological Advancement across the Globe Major Manufacturers, such as DHL Supply Chain (Germany), Kuehne + Nagel (Switzerland), Nippon Express (Tokyo), C.H. Robinson (United States), DSV Global (Denmark), XPO Logistics (United States), SinoTrans Limited (China), United Parcel Service (UPS) (Georgia) and Ninjavan (Singapore), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. 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 Developments in the Market:
On 22nd 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.
29 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.
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
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Project Forwarding Logistic Market
- Analysis about New Entrants in Project Forwarding Logistic Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Project Forwarding Logistic Study Sheds Light on
The Project Forwarding Logistic Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Project Forwarding Logistic industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Project Forwarding Logistic industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.