Product ID: SQMIG20R2028
Global Freight Brokerage Market Size, Share, Growth Analysis, By Customer Type(Business to Business (B2B), Business to Customer (B2C)), By Services(Intermodal, Full Truckload), By Mode of Transport(Waterways, Roadways), By End Use Industry(Retail, E-Commerce) - Industry Forecast 2024-2031
Report ID:
SQMIG20R2028 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
119 |
Figures:
77
Global Freight Brokerage Market Regional Insights
Based on the region, the North American region currently dominates the global freight brokerage market. During the projection period, North America will account for 34% of market share. The region's leading markets for freight brokerage services include the US, Japan, Germany, China, and the UK. Estimates of each region's contribution to the expansion of the freight brokerage market size are given in this research. The majority of foreign commodities arriving at the West Coast ports of Los Angeles, Long Beach, and Oakland are transported primarily by trucks. The majority of overland freight movement in the US is accomplished by trucks. After China, the United States has the second-largest e-commerce market in the world. The American e-commerce market has grown quickly throughout the years. In 2021, e-commerce sales grew by more than 32% as a result of the pandemic's altered customer demand. Between 13% and 16% of growth in e-commerce is anticipated over the following five years. With a growth in e-commerce sales, there was a greater need for quicker order fulfillment. More often occurring, smaller shipments are becoming the norm.
Global Freight Brokerage Market Report Snapshots
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