India Freight Transport Market Size & Outlook, 2022-2030

The freight transport market in India is expected to reach a projected revenue of US$ 4,054.0 million by 2030. A compound annual growth rate of 16.7% is expected of India freight transport market from 2023 to 2030.
Revenue, 2022 (US$M)
$1,177.9
Forecast, 2030 (US$M)
$4,054.0
CAGR, 2023 - 2030
16.7%
Report Coverage
India

India freight transport market highlights

  • The India freight transport market generated a revenue of USD 1,177.9 million in 2022 and is expected to reach USD 4,054.0 million by 2030.
  • The India market is expected to grow at a CAGR of 16.7% 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.

Freight transport market data book summary

Market revenue in 2022USD 1,177.9 million
Market revenue in 2030USD 4,054.0 million
Growth rate16.7% (CAGR from 2022 to 2030)
Largest segmentServices
Fastest growing segmentSolution
Historical data2017 - 2021
Base year2022
Forecast period2023 - 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, India accounted for 3.8% of the global freight transport market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China freight transport market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,054.0 million by 2030.

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Freight Transport Market Companies

Name Profile # Employees HQ Website

India 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 67.13% in 2022. Horizon Databook has segmented the India freight transport market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.


  • India 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
  • India Freight Transport Transport Outlook (Revenue, USD Million, 2017-2030)
    • Roadways
    • Railways
    • Waterways
    • Airways
  • India 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 India 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.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India freight transport market , including forecasts for subscribers. This country databook contains high-level insights into India freight transport market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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India freight transport market size, by offering, 2017-2030 (US$M)

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

India freight transport market size, by offering, 2017-2030 (US$M)

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