“Freight forwarding is the shipments of goods from one place to others via various modes of transportation such as air, ocean, and land. Freight forwarder companies arrange transport facilities and take the full responsibility for consignments as per the terms agreed. Rising trade activities backed by favorable government initiatives are driving market growth. As customer seeks to improve their supply chains, freight forwarders are changing their focus towards customized value-added services to increase profit margins.”
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Top Key Players Covered in Australian Freight Forwarding Market:
Kuehne + Nagel (Switzerland), DHL Group (Germany), DB Schenker Logistics (Germany), GEODIS (France), Panalpina (Switzerland), DSV (Denmark), Bolloré Logistics (France), Expeditors (United States), Nippon Express (Japan), CEVA Logistics (United Kingdom), Pantos Logistics (South Korea), Agility Logistics (Switzerland), Hellmann (Germany), Damco (Netherlands), KWE (Japan), Hitachi Transport (Japan), Sankyu (Japan), Kerry Logistics (Hong Kong), Logwin (Luxembourg), C.H.Robinson (United States), Yusen Logistics (Netherlands)
Growth in online shopping may affect the small goods’ transportation in the near future. Industry data shows that between 2006 and 2014, the number of light commercial vehicles grew by 35%, almost twice the rate of passenger vehicles (19.1%) and rigid trucks (20.78%). This indicated the importance of urban supply chains in a growing services economy. The projected population growth and infrastructure demand in all Australian cities are significant concerns for the logistics sector. The Australian Infrastructure Audit found that the capital cities contributed AUD 854 billion to the economy in 2011, and are projected to contribute AUD 1,621 billion in 2031. The majority of economic activities occur in major cities, so urban freight may be as important for future growth as the traditional long-distance freight.
The major classification is done based on the scope and product overview of the Australian Freight Forwarding Market. In the succeeding sections, a factual study of the sales of the product has been studied in different areas such as Europe, North America, Southeast Asia, China, Japan, and India. Similarly, the most lucrative regions in the Australian Freight Forwarding Market have been presented coupled with their growth prospects by the end of 2025. The regional segmentation comprehends the key manufacturers and the price trend in sales in each of these areas and has been analyzed under the geographical segmentation section of the study.
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The Australian Freight Forwarding Market report also provides information on the diverse factors impacting sales. These include trends, drivers, and restraints. The key growth opportunities in the market have also been studied and the ways these opportunities will raise the Australian Freight Forwarding Market growth have also been encapsulated. The application areas and types utilized in each of these areas has been presented in terms of both volume and value from the year 2019 up to forecast the year 2027. Similarly, product price and growth patterns have been presented for the year 2019.
In This Study, The Years Considered To Estimate The Size Of Australian Freight Forwarding Market Are As Follows:
- History Year: 2015-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2027
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