Question 1

Who are the main shipping agency service providers?

Accepted Answer

Hutchison Ports, Kuehne + Nagel, PSA International, Cargotec, CEVA Logistics, CMA CGM Group, DHL Global Forwarding, DP World, Expeditors International, and Flexport.

Question 2

What is the shipping agency services market worth?

Accepted Answer

The market size of shipping agency services reached USD 338.2 billion in 2022 and is set to record over 6.2% between 2023 and 2032, says this GMI report.

Question 3

How is preference for cargo agencies influencing the shipping agency services industry?

Accepted Answer

Cargo agency segment share was around 37% in 2022, due to their pivotal role in facilitating the movement of goods and establishing direct relationships with cargo owners, shippers, and consignees, making them key intermediaries in the supply chain.

Question 4

What are the factors driving North America shipping agency services market?

Accepted Answer

North America market is expected to record around 5% CAGR from 2023 to 2032, as the region's strong economy, increased consumer demand for imported goods, and the expansion of e-commerce that has fueled international trade.

Shipping Agency Services Market Size - By Service Type (Cargo Handling, Custom Clearance, Container Services, Cargo Insurance), Agency Type (Port Agency, Cargo Agency, Charter Agency), Growth Prospects, Regional Outlook & Global Forecast, 2023 - 2032

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