Global Freight Forwarding Market Size & Outlook, 2025-2030
Global freight forwarding market, 2018-2030 (US$M)
Related Markets
Global freight forwarding market highlights
- The global freight forwarding market generated a revenue of USD 216,474.8 million in 2024 and is expected to reach USD 285,604.2 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 4.9% by 2030.
- In terms of segment, road accounted for a revenue of USD 109,337.3 million in 2024.
- Air is the most lucrative mode of transport segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 216,474.8 million |
| Market revenue in 2030 | USD 285,604.2 million |
| Growth rate | 4.9% (CAGR from 2025 to 2030) |
| Largest segment | Road |
| Fastest growing segment | Air |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rail, Road, Maritime, Air |
Other key industry trends
- In terms of revenue, the North America accounted for 21.6% of the global freight forwarding market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 26,013.8 million by 2030.
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Freight Forwarding Market Scope
Freight Forwarding Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nippon Express Holdings Inc | View profile | 85442 | 2 Kanda Izumicho, Chiyoda-ku, Tokyo, Japan, 101-0024 | - |
| DSV AS | View profile | 73879 | Hovedgaden 630, Hedehusene, Denmark, 2640 | https://www.dsv.com |
| Expeditors International of Washington Inc | View profile | 18100 | 1015 Third Avenue, Seattle, WA, United States, 98104 | https://www.expeditors.com |
| DB Schenker | View profile | 10001+ | Essen, Nordrhein-Westfalen, Germany, Europe | https://www.dbschenker.com/global |
| Kuehne + Nagel International AG | View profile | 93064 | Dorfstrasse 50, P.O. Box 67, Schindellegi, Switzerland, CH-8834 | http://www.kuehne-nagel.com |
| FedEx Corp | View profile | 787400 | 942 South Shady Grove Road, Memphis, TN, United States, 38120 | https://www.fedex.com |
| United Parcel Service Inc Class B | View profile | 500000 | 55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, United States, 30328 | https://www.ups.com |
| DHL Group | View profile | 594396 | Platz der Deutschen Post, Bonn, NW, Germany, 53250 | http://www.dpdhl.com |
| CEVA Inc | View profile | 424 | 15245 Shady Grove Road, Suite 400, Rockville, MD, United States, 20850 | https://www.ceva-dsp.com |
| Uber Technologies Inc | View profile | 30700 | 1725 3rd Street, San Francisco, CA, United States, 94158 | https://www.uber.com |
Global freight forwarding market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to freight forwarding market will help companies and investors design strategic landscapes.
Road was the largest segment with a revenue share of 50.51% in 2024. Horizon Databook has segmented the Global freight forwarding market based on rail, road, maritime, air covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Freight Forwarding Mode of Transport Outlook (Revenue, USD Million, 2018-2030)
- Road
- Maritime
- Rail
- Air
- Global Freight Forwarding Customer Type Outlook (Revenue, USD Million, 2018-2030)
- B2B
- B2C
- Global Freight Forwarding Service Outlook (Revenue, USD Million, 2018-2030)
- Transportation & Warehousing
- Value Added Services
- Packaging
- Others
- Global Freight Forwarding Application Outlook (Revenue, USD Million, 2018-2030)
- Retail & e-commerce
- Healthcare
- Food & Beverages
- Media & Entertainment
- Industrial & Manufacturing
- Oil & Gas
- Others
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Target buyers of Global freight forwarding market databook
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Our clientele includes a mix of freight forwarding market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global freight forwarding market , including forecasts for subscribers. This global databook contains high-level insights into Global freight forwarding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global freight forwarding market size, by regions, 2018-2030 (US$M)
Top 10 countries: Freight forwarding market size, 2024 (US$M)
Global freight forwarding market share, by mode of transport, 2024 & 2030 (%, US$M)
Freight forwarding market: Opportunity assessment by country
Global freight forwarding market, by region, 2024 (US$M)
Related statistics
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