Augmented Customer Preferences Intensifying Growth Aspects in the Global Seafreight Forwarding Market: Technavio Report

Renewable energy

 

  • The key vendors in the Global Seafreight Forwarding Market 2014-2018 are DB Schenker, Deutsche Post DHL, Kuehne + Nagel International AG and Panalpina Welttransport (Holding) AG.

London, 03 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Seafreight Forwarding Market 2014-2018.   One of the major trends impacting the growth of this market is the rising market share of the seafreight industry at the cost of the air freight industry. There is a shifting customer preference toward using seafreight services. The market is expected to grow at a CAGR of 3.8 percent during the forecast period of 2013-2018.

“Large-scale manufacturers and the Chemicals industry prefer seafreight movement for their products, which has boosted the Global Seafreight Forwarding market and augurs well for its future,” says Faisal Ghaus, Vice President of TechNavio Research.

“Moreover, more carriers and large forwarders are acquiring regional freight forwarders in an attempt to integrate a range of services, thereby broadening their offerings portfolio and also gaining access to regional markets.”

To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

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