The Freight Forwarding Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Freight Forwarding Market?
The global market for freight forwarding has been experiencing consistent growth over recent years. It is projected to increase from $207.1 billion in 2024 to $215.08 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 3.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Freight Forwarding Industry?
The Freight Forwarding Global Market is predicted to reach a market size of $267.87 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.6%.
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What are the Key Growth Drivers Fueling the Freight Forwarding Market?
The key drivers in the freight forwarding market are:
• Integration of AI and data analytics in freight operations
• Expansion of global trade networks
• Growth of e-commerce and associated fulfilment services
• Adoption of autonomous vehicles in the logistics industry
Global Market Segmentation: Identifying Major Freight Forwarding Industry Segments
The freight forwarding market covered in this report is segmented –
1) By Services: Transportation And Warehousing, Packaging And Documentation, Insurance, Value-added Services
2) By Logistics Model: First Party Logistics, Second Party Logistics, Third Party Logistics
3) By Mode of Transport: Air Freight Forwarding, Ocean Freight Forwarding, Road Freight Forwarding, Rail Freight Forwarding
4) By Customer Type: B2C, B2B
5) By Application: Industrial And Manufacturing, Retail, Healthcare, Media And Entertainment, Military, Oil And Gas, Food And Beverages, Other Applications
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What are the Emerging Trends Shaping the Future of the Freight Forwarding Market?
The key trends in the freight forwarding market are:
• The incorporation of AI and data analytics is transforming the freight forwarding market.
• Increased emphasis is being placed on sustainable logistics in the industry.
• The use of autonomous vehicles in freight forwarding is gaining traction.
• There is an uptrend in the demand for value-added services and intermodal transportation solutions.
Who Are the Top Competitors & Leading Players in the Freight Forwarding Market?
Major companies in the freight forwarding market are:
• Savino Del Bene S.p.A.
• A.P. Moller-Maersk Group
• CMA CGM Group
• Deutsche Bahn AG
• DSV Panalpina A/S
• DHL Global Forwarding
• C.H. Robinson Worldwide Inc.
• Nippon Express Co. Ltd.
• Expeditors International of Washington Inc.
• Sinotrans Limited
• GEODIS SA
• Kuehne + Nagel International AG
• Kerry Logistics Network Limited
• UPS Supply Chain Solutions Inc.
• CJ Logistics Corporation
• DACHSER SE
• Bolloré Logistics
• Hellmann Worldwide Logistics GmbH & Co. KG
• Agility Public Warehousing Company K.S.C.P.
• Yusen Logistics Inc.
• Kintetsu World Express Inc.
• CTS International Logistics Corporation
• LX Holding
• Yusen Logistics Co. Ltd.
• Dimerco Express Group
• Ceva Logistics LLC
• Logisteed Co. Ltd.
• Seko Logistics
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the freight forwarding market in 2024
