Global Freight Forwarding 2023

Global Freight Forwarding 2023
Providing in depth analysis of the challenges facing the global freight forwarding marketamidst market contraction, including the role and growth of digital forwarders, competitivelandscape analysis and Ti’s bespoke market size and forecast data.
Market sizing and forecasting -2022 market sizes & growth rates,2023 projections & forecasts outto 2027 – split by region, air & seafreight.
Analysis of the key factorsinfluencing demand, growth,opportunities and challengeswithin the market.
Digital road freight landscapeanalysis, including recent layoffsamong digital forwarders andacquisitions made by traditionalforwarders.
Digital freight forwarder profiles.
Competitive landscape analysisof the largest freight forwarders,including market position, revenue &volumes and sustainability practices.
Global freight forwarding providerprofiles.
Comparison of the technologicalcapabilities of the top 10 freightforwarders.
Analysis of Ti’s State of Logistics Air& Sea Freight Forwarding surveyfindings.
THE REPORT CONTAINS:

KEY FINDINGS:

1. The global freight forwarding market

contracted 3.7% in real terms (holding prices

and exchange rates constant) in 2022

2. The global freight forwarding market will

contract -3.9% in 2023.

3. Out to 2027, the market is expected to grow

at a 1.6% CAGR.

4. Air freight will expand 1.7% out to 2027. Sea

freight will expand 1.6%.

5. Technology and digitalisation will be the key

investment focus areas in the next 12 months

6. Almost two thirds of survey respondents

believe traditional freight forwarders will lose

volume share to other parties over the next

five years.

7. Access to technology is the most important

challenge currently affecting the market.

8. Leveraging technology and offering more

value-added serves will be the most successful

strategies in pulling back eroding margins.

8. The market is on a new trajectory, leading to

Q4 downturn in revenue and profits.

REPORT PREVIEW:

Global manufacturers
Banks and financialinstitutions
Investors
Supply chain managers anddirectors
Logistics procurementmanagers
Marketing managers
Knowledge managers
All C-level executives
THIS REPORT IS PERFECT FOR:

KEY QUESTIONS THE REPORT ANSWERS:

1. How are regional markets performing in 2023?

Which region will experience the largest market

contraction in 2023?

2. Over the next five years, what will be the three most

successful strategies adopted by forwarders to sustain

profit margins?

3. Which three sectors offer the best prospects for

volume growth in air and sea freight?

4. Will conventional freight forwarders lose volume

share to other parties?

5. What are the three most important challenges

currently affecting the global freight forwarding

industry?

6. Who are the leading digital freight forwarders? And

what is their core offering?

7. How is semiconductor demand impacting air freight

growth?

8. Will a return to normal market conditions result in

the withdrawal of some freighter capacity?

9. Who are the top 20 freight forwarders by market

share and revenues?

10. What are the technological capabilities of the top

10 freight forwarders, and how do they compare?