-

The Digital Freight Forwarding Market Is Expected to Grow at a CAGR of Around 25% Between 2022 and 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Digital Freight Forwarding Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.

The Digital Freight Forwarding Market is expected to grow at a CAGR of around 25% during the next few years.

Digitization is continuing to be one of the key drivers supporting the growth of the current economy. Companies like Convoy, Uber Freight and uShip are coming up with new platforms to fill in the gaps in the logistics industry. With Digital freight forwarding, the manual process will be reduced.

All the quotations for freight forwarding will be available on one platform without the hassle of hours of conversation and paper trails. The major benefits of digital freight forwarding include instant quotes, transparent pricing, comparison of rates and carriers, tracking, easy documentation and others. The logistics industry is developing into a paperless digitized industry supporting the growth of the market.

Key Market Trends

Growth in E-Commerce driving Digital Freight Forwarding Market

In 2019, retail e-commerce sales worldwide amounted to around 3.53 trillion US dollars and e-retail revenues are projected to grow even further at a quicker pace in the coming few years.

Online shopping is one of the most popular online activities worldwide, both domestic and cross-border e-commerce is booming in developing markets such as China, India, and Indonesia due to that reason. This encompasses not just direct-to-consumer retail, but also shipments of electronics, pharmaceuticals, and consumer packaged goods.

With increasing access to the internet even the manufacturers of products are gradually moving from traditional freight forwarding to digital freight forwarding. The major benefits of digital freight forwarding include instant quotes, transparent pricing, comparison of rates and carriers, tracking, easy documentation and others.

Competitive Landscape

The Digital Freight Forwarding Market is competitive and is highly fragmented with the presence of many players.

Digital freight forwarders (DFFs) use a digital platform to offer a broader range of logistics services than marketplaces and connectivity providers. DFFs build their core value proposition around a seamless user experience of shipping goods from one point to another while aggregating information on one platform with a single user interface.

Some of the existing major players in the market include - Flexport, Twill, FreightHub, Fleet, InstaFreight, Transporteca, Kontainers, KN Freight Net, Turvo, iContainers, DHL Group, Kuehne + Nagel International AG and Agility Logistics Pvt. Ltd.

Companies Mentioned

  • Flexport
  • Twill
  • FreightHub
  • Fleet
  • InstaFreight
  • Transporteca
  • Kontainers
  • KN Freight Net
  • Turvo
  • iContainers
  • DHL Group
  • Kuehne + Nagel International AG
  • Agility Logistics Pvt. Ltd*

For more information about this report visit https://www.researchandmarkets.com/r/ibvoe6

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Industry:

Research and Markets

Release Versions
English

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

More News From Research and Markets

United States Homeowners Insurance Market Analysis Report 2025-2030: Growing Customization of Coverage and Insurtech Across the US Homeowner's Insurance Market - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "United States Homeowners Insurance Market, By Region, Competition, Forecast and Opportunities, 2020-2030F" report has been added to ResearchAndMarkets.com's offering. The United States Homeowners Insurance Market was valued at USD 52.89 Billion in 2024, and is expected to reach USD 87.1 Billion by 2030, rising at a CAGR of 3.25% The United States Homeowners Insurance market is primarily driven by increasing property values, making insurance essential to protect ass...

Medical Devices Post Market Surveillance and Complaint Handling Systems Course: U.S. FDA CGMP Expectations/Requirements (ONLINE EVENT/ON-DEMAND) - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Medical Devices: Developing Effective Post Market Surveillance and Complaint Handling Systems Course" training has been added to ResearchAndMarkets.com's offering. What are U.S. FDA CGMP expectations/requirements for Post Market Surveillance and Complaint Handling? This seminar will examine Section 522 of the Federal Food, Drug, and Cosmetic Act (FD&C Act), as well as appropriate articles / Annexes of the EU's MDR, which require manufacturers to conduct postmar...

US, EU and Canada Dietary Supplements Regulatory Compliance Training Course (ONLINE EVENT: June 10-12, 2025) - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Regulatory Compliance for Dietary Supplements in the US, EU and Canada" training has been added to ResearchAndMarkets.com's offering. A nutraceutical product with quality as good as a pharmaceutical drug is possible when you apply the required GMP norms. Technological feasibility, safety, and cost efficiency are a few things to take into consideration when applying these GMP principles. This dietary supplement formulation training covers various instrumental topics...
Back to Newsroom