North America customer brokerage market is a fast-growing industry due to rapid inclusion across services such as goods mobility and transportation backed by diverse industry requirements. Customs Brokerage is service that facilitates shipment and delivery of goods across various geographical regions through air, land, and water for individuals and organizations. Owing to benefits such as cost management, reduced risk, reduced travel expenditure, efficiency, easy shipment overseas or distant places, proper risk management, proper packaging, customs brokerage is experiencing rapid adoption thus fostering North America Customs Brokerage market. —
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However, the North America Customs Brokerage market is sinking due to mobility restrictions imposed due to the pandemic, damage of goods during transit, improper shipment & time management, and significant costs. Furthermore, easing restrictions, enhanced logistics and supply chain technology, easy and convenient option for shipping goods, rising imports and exports are anticipated to boost the North America Customs Brokerage market.
The North America Customs Brokerage market is classified into mode of transport, services, application, and region. The mode of transport segment is further classified into sea, air, cross border, and land transport mode. Among these, the land transport segment accounted for maximum market share of North America Customs Brokerage market and is poised for substantial market growth in forecast span 2021-2028. Government support to import and export of goods, simplified customs clearance, and avoidance in delays through land transport mode are the key factors increasing the market share of land transport mode in North America Customs Brokerage market.
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The North American countries especially United States and Canada are the major countries contributing to North America Customs Brokerage market. The key factors such as presence of well-established international shipping companies like United Parcel Services, Deutsche Post DHL group, and others and firms providing streamlined logistics operations, technological advancements increasing efficiency of customs clearance are the key factors driving North America Customs Brokerage market.
The major players in North America Customs Brokerage market are United Parcel Services, A.N Deringer, Expeditors International, Livingston International, Deutsche Post DHL group, and FedEx Corporation among others. These companies dominate the North America Customs Brokerage market as they offer guaranteed time-definite and day-definite worldwide based shipment to customers across the globe.
Scope of the Report
Report Metric Details
Market size available for years 2021–2028
Base year considered 2020
Forecast period 2021–2028
Forecast units Value (USD Billion)
Segments covered Mode of Transport, Services, Application, and Region
Geographies covered North America (Canada, US)
Additionally, they also offer value added services like collection and delivery options, prior notifications of delivery, and services associated with the shipment needs making them more preferable in North America Customs Brokerage market. These companies have large market presence across the globe. The market players for market fortification are taking various strategic steps like Mergers and acquisitions, collaborations, product launches, and R&D activities to bring advancements in the products driving their performance in North America Customs Brokerage market.
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Important Questions Answered:
What is the study period of this market?
What is the growth rate of United States Customs Brokerage Market?
Who are the key players in United States Customs Brokerage Market?
What are market growth drivers in the industry?
What are the market challenges faced by the industry?
What are the latest market trends?
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Organization: Adroit Market Research
Release ID: 89056858