Asia Pacific Freight Transport Market Size & Outlook

The freight transport market in Asia Pacific is expected to reach a projected revenue of US$ 20,381.9 million by 2030. A compound annual growth rate of 13.8% is expected of Asia Pacific freight transport market from 2023 to 2030.
Revenue, 2022 (US$M)
$7,249.9
Forecast, 2030 (US$M)
$20,381.9
CAGR, 2023 - 2030
13.8%
Report Coverage
Asia Pacific

Asia Pacific freight transport market highlights

  • The Asia Pacific freight transport market generated a revenue of USD 7,249.9 million in 2022.
  • The market is expected to grow at a CAGR of 13.8% from 2023 to 2030.
  • In terms of segment, services was the largest revenue generating offering in 2022.
  • Solution is the most lucrative offering segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2023 to 2030.

Asia Pacific data book summary

Market revenue in 2022USD 7,249.9 million
Market revenue in 2030USD 20,381.9 million
Growth rate13.8% (CAGR from 2022 to 2030)
Largest segmentServices
Fastest growing segmentSolution
Historical data covered2017 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Services
Key market players worldwideFedEx Corp, United Parcel Service Inc Class B, DHL Group, Oracle Corp, SAP SE, Schneider National Inc, CEVA Logistics

Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 23.4% of the global freight transport market in 2022.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 20,381.9 million by 2030.

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Freight Transport Market Companies

Name Profile # Employees HQ Website

Asia Pacific freight transport 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 transport market will help companies and investors design strategic landscapes.


Services was the largest segment with a revenue share of 67.24% in 2022. Horizon Databook has segmented the Asia Pacific freight transport market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.


  • Asia Pacific Freight Transport Offering Outlook (Revenue, USD Million, 2017-2030)
    • Solution
      • Freight Transportation Cost Management
      • Freight Mobility Solution
      • Freight Security And Monitoring System
      • Freight Information Management System
      • Fleet Tracking & Maintenance Solution
      • Freight Operational Management Solutions
      • Freight 3PL Solution
      • Warehouse Management System
    • Services
  • Asia Pacific Freight Transport Transport Outlook (Revenue, USD Million, 2017-2030)
    • Roadways
    • Railways
    • Waterways
    • Airways
  • Asia Pacific Freight Transport End Use Outlook (Revenue, USD Million, 2017-2030)
    • Retail & E-commerce
    • Automotive
    • Aerospace & Defense
    • Pharmaceuticals
    • Energy
    • Others

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Target buyers of Asia Pacific freight transport market databook

  • Our clientele includes a mix of freight transport market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 continent-level data and insights on the Asia Pacific freight transport market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific freight transport market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific freight transport market size, by country, 2017-2030 (US$M)

Asia Pacific Freight Transport Market Outlook Share, 2022 & 2030 (US$M)

Asia Pacific freight transport market size, by country, 2017-2030 (US$M)

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