Showing posts with label Europe Transportation Aggregators Market. Show all posts
Showing posts with label Europe Transportation Aggregators Market. Show all posts

Tuesday, February 4, 2020

Europe Freight Forwarding Industry Growth and Analysis: Ken Research

Europe Freight Forwarding Industry is one of the largest industries in Europe in terms of market size and employed people. Intra-Europe trade is extremely high and outside Europe, the major trade lane is with Asia and North America.
The market size of the freight forwarding market has increased from EUR ~ Billion in 2013 to EUR ~ Billion in 2019. With the development of the TEN-T network in Europe, increasing trade volumes both within Europe and outside Europe, increasing road freight prices all contributing to the growth in the market.
The truck driver shortage is one of the major challenges faced by the industry in Europe, with the IRU estimating a gap of 37% between supply and demand of professional truck drivers. This is because of high retirement rates and low recruitment rates due to truck driving facing an image crisis. This is the primary cause of rising road freight prices.
With Europe’s commitment to achieving its reduction in emissions, there is an effort by lobbying groups to induce a modal shift away from the road to either railways or inland waterways. Rail, in particular, is being pushed as a potential replacement for road traffic in Europe.
Major players in the freight forwarding market have been focusing on expanding their regional presence and solidifying their positions on existing markets. They also are focusing heavily on innovation and technology in the market as it has become a key differentiator in the industry. Players such as DHL, DB Schenker, DSV, and GEODIS are looking into technologies such as IoT, autonomous transportation, big data analytics, and blockchain.
Europe Freight Forwarding Market
Europe Freight Forwarding Market and Segmentation
By Mode of Transportation
Road transportation dominates the freight forwarding market with a share in overall the market revenue of ~%. Sea freight is also a major mode of transportation, which is primarily used for international shipping both within Europe and outside Europe. Rail and Inland Waterways are also important for international transportation within Europe.
By Countries
Germany, Spain, France, the UK, and Italy are the largest markets for freight transportation in Europe owing to them being the largest economies in Europe and major hubs for trade. The five countries account for more than ~% of the overall freight forwarding market of Europe. Emerging countries include Luxembourg, Romania, Greece, and Cyprus.
Snapshot Of Country Profile: Austria Freight Forwarding Market
Austria’s strategic location makes it a gateway to South-Eastern Europe and the Balkan region.  Being a landlocked country, it utilizes the Danube River to import and export from the ports of the North Sea. The Austria freight forwarding market size was EUR ~ billion in 2019 and has been growing at a CAGR of ~% during the period of 2013-2019.
Austria’s freight forwarding market is fragmented, with more than 90 companies registered with the Austrian freight forwarding and logistics association. DB Schenker, LKW Walter, and Gebruder Weiss are some of the largest companies operating in Austria.
The Austria freight forwarding market is expected to reach EUR ~ billion by the year 2025, growing at a CAGR of ~% during the period of 2019-2025. The major growth drivers being Austria’s strategic location in the region, and the increased investments in the rail infrastructure
Snapshot Of Country Profile: Germany Freight Forwarding Market
Germany is the largest freight forwarding market in Europe, with its central location and large industrial the base being the major growth drivers of freight forwarding market in the country.
The freight forwarding market in Germany is evaluated to be EUR ~ billion in the year 2019, growing at a CAGR of ~% during the period 2013-2019.
Road freight is the dominant mode of transportation in Germany. The port of Hamburg is the largest port in Germany and is connected to the inland waterway system as well which enables us to ship goods through rivers also. The airport at Frankfurt is a major European hub for freight transportation.
Germany is home to some of the largest freight forwarding companies in the world like DHL, DB Schenker, and Kuehne + Nagel. The market is still fragmented with small family-owned companies being numerous in the country.
Snapshot Of Country Profile: Belgium Freight Forwarding Market
Belgium’s location in the heart of Western Europe as well at the center of the largest consumer base in Europe makes it strategically important. Belgium’s Port of Antwerp is the second-largest port in Europe. Belgium’s freight market in 2019 is valued at EUR ~ billion, growing at a CAGR of ~% during the period of 2015-2019.
Road freight is the dominant mode of transportation in Belgium, with more than ~% of the overall freight revenues coming from road freight transportation. The freight forwarding association of Belgium has more than 165 registered members. Many companies use Belgium to cater to e-commerce players due to the country’s proximity to a large consumer base.
The freight forwarding market in Belgium is expected to reach EUR ~ billion by 2025, growing steadily at a CAGR of ~% during the forecast period of 2019-2025.
Key Segments Covered:-
By Mode of Transportation
Road
Rail
Sea
Air
Inland Waterways
By Country (Revenues and Freight Volume)
Germany
Spain
France
UK
Italy
Netherlands
Poland
Romania
Belgium
Norway
Greece
Austria
Sweden
Czech Republic
Hungary
Bulgaria
Denmark
Finland
Portugal
Slovenia
Slovakia
Lithuania
Ireland
Estonia
Latvia
Luxembourg
Croatia
Cyprus
Malta
Country Profile
By Mode of Transportation
Road
Rail
Sea
Air
Inland Waterways
By Road
International
Domestic Transportation
By Rail
International
Domestic Transportation
By Sea
International
Domestic Transportation
By Air
International
Domestic Transportation
By Inland Waterways
International
Domestic Transportation
Companies Covered
Europe
DHL
Kuehne + Nagel
DB Schenker
DACHSER
GEODIS
CEVA Logistics
DSV
Hellmann Logistics
Rhenus Logistics
CEVA Logistics
Austria
JCL Logistics
DACHSER
CEVA Logistics
Augustin Quehenberger
Lagermax
DSV
Belgium
Ziegler
Manuport
DHL
CEVA Logistics
Yusen Logistics
DACHSER
Hamann International
UPS
Essers
Kuehne + Nagel
GEFCO
Cargo-partner
Germany
Kuehne + Nagel
DACHSER
GEODIS
Koch International
Netherlands
CEVA Logistics
DACHSER
GEODIS
Broekman Logistics
Poland
Gruba Rupen
DB Schenker
Lotos Kolej
Rohlig SUUS
JASFBG
DSV
Sweden
DACHSER
DSV
Country Profiles
Austria
Belgium
Germany
Netherlands
Poland
Sweden
Key Target Audience
Freight Forwarding Companies
Freight Forwarding Consultancy Companies
Contract Logistics Companies
Venture Capitalists
Freight Tech Companies
Consulting Companies
Investment Banks
Time Period Captured in the Report
Historical Period – 2013-2019P
Forecast Period – 2019P-2025F
Key Topics Covered in the Report:-
Europe Freight Forwarding Market Segmentation
Europe Freight Forwarding Market Size
Europe Freight Forwarding Market Share
Europe Freight Forwarding Market Growth Rate
Europe Road, Sea, Air Freight Market Volume
Europe Road Freight Logistics Cost
Europe Sea Freight Logistics Cost
Inland Waterways Market Europe
Austria Logistics Market
Austria Freight Forwarding Industry
Austria Road Freight Market Revenue
Inland Waterways Market Austria
Europe Domestic Transportation Market
Germany Freight Forwarding Market
Inland Waterways Market Germany
For More Information On The Research Report, Refer To Below Link:-
Related Reports by Ken Research:-
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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249