Europe Freight Forwarding Industry Growth and Analysis: Ken Research

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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 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

  1. 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:-

Europe Freight Forwarding Market Outlook

Related Reports by Ken Research:-

Luxembourg Logistics (Air, Sea, Road, Rail Freight (International – Import and Export, Domestic), Warehousing (Industrial/ Retail, Container Freight, Cold Storage, Others), Value Added Services, 3PL, Courier Express and Parcel, Cold Chain, Express Delivery and E-Commerce Logistics) Market Outlook to 2023

Belgium Freight Forwarding Market Outlook to 2025 by Mode of Freight (Road, Sea, Air), by Cargo Volume (Sea Freight, Air Freight, Road Freight), by International Flow Corridors (Europe, Asia, NAFTA, Middle East, Africa and Others) and by Domestic and International Freight

Portugal Logistics and Warehousing Market Outlook to 2024 – By Land (Road, Rail, Pipeline), Sea, Air Freight Forwarding (Domestic and International Freight), Courier and Parcel, Warehousing, Cold Transport and Storage, Third Party/ Contract Logistics (3PL) and E-Commerce Logistics

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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