Freight Forwarding Market Overview:

Global Freight Forwarding market size was valued at USD 204, 560 Million in 2023 and is expected to reach USD 288,400 Million at a (CAGR) of XX% from 2024 to 2030.

United States Freight Forwarding Statistics

In 2020, the value of rail freight transported within the United States was little over 2.1 trillion tonne-kilometres, but the export value of U.S.-NAFTA air freight movements was about 26.1 billion U.S. dollars. By 2050, it is anticipated that the total amount of freight miles in the United States would be 8.14 trillion ton-miles.

In 2022 the U.S. transportation system moved an everyday average of about 57.6 million tons of freight valued approx. $58,000 Million.

Freight forwarding is a service-oriented industry that facilitates the movement of goods from one location to another on behalf of importers and exporters. Freight forwarders serve as intermediaries between shippers and carriers, coordinating various aspects of the transportation process such as booking cargo space, arranging for pickup and delivery, completing documentation, and ensuring compliance with customs regulations and other legal requirements. They typically offer a range of services including transportation, warehousing, consolidation, customs clearance, insurance, and logistics management. Freight forwarding companies play a crucial role in global trade by optimizing supply chain efficiency, reducing costs, and minimizing risks for their clients.

Freight Forwarding Market Growth Drivers:

• E-commerce Boom: The rapid growth of e-commerce has significantly contributed to the expansion of the freight forwarding market. With more consumers shopping online, there is a greater need for efficient logistics and supply chain solutions to handle the transportation of goods from manufacturers to end customers.

Freight Forwarding Market Trends:

• E-commerce Integration: With the continued growth of e-commerce, freight forwarders are increasingly focusing on providing tailored solutions for online retailers and marketplaces. This includes offering end-to-end logistics services, optimizing last-mile delivery, and implementing advanced warehouse management systems to meet the demands of e-commerce customers.

Global Freight Forwarding Market Revenue (USD Million), (2020-2035)

Global Freight Forwarding Market YOY (%), (2020-2035)

Global Freight Forwarding Market by Regions Share (%), 2024

Top Freight Forwarding Market Players Share (%), 2024

Study Coverage

Freight Forwarding Insights

• Freight Forwarding Market Revenue Size (USD Million)/Volume Size
• Freight Forwarding Market Players Analysis
• Top 10 Buyers Details
• Freight Forwarding Market Historical & Estimated Years (2020-2035)
• Freight Forwarding Market Regional/Segments Analysis
• Freight Forwarding Market Import/Export/Production Data
• 5 Successful Primary validated Sources
• Freight Forwarding Market Customization Options
• Post-sales Support

Global Freight Forwarding Market: By Service (Transportation and Warehousing, Packaging and Documentation and Value-added Services); By Mode of Transport (Land Freight Forwarding, Sea Freight Forwarding, Air Freight Forwarding); By Customer Type (B2B and B2C); By End-User (Retail and E-Commerce, Manufacturing, Healthcare, Automotive and Others); and By Regions (North America, Europe, Asia-Pacific, South America, Middle East & Africa) – Historical & Forecast Period (2020-2035) Comprehensive Study 2024

1. Global Freight Forwarding Market Outlook
2. Global Freight Forwarding Market Executive Summary
2.1. Global Market Revenue Size (USD Million) (2020-2035)
2.2. Key Trends By Segments (2020-2035)
2.3. Key Trends By Geography (2020-2035)
3. Global Freight Forwarding Market Key Vendors Analysis
3.1. Regulatory Framework
3.2. New Business and Ease of Doing Business Index
3.3. Case Studies of Successful Key Ventures
3.4. Top Players Comparative Analysis
3.4.1. Country/Regions
3.4.2. Mode of Transportation
3.4.3. End-Users
3.5. Key Vendors
3.5.1. Top 5 Vendors Pricing Analysis
3.5.2. Product Benchmarking
3.5.3. Future Investment Plans
3.6. Freight Forwarding Market – Forces
3.6.1. Drivers
3.6.2. Restraints
3.6.3. Challenges
3.6.3.1. Porter’s Five Forces Analysis
3.6.3.1.1. Bargaining Power of Suppliers
3.6.3.1.2. Bargaining Power of Buyers
3.6.3.1.3. Threat of New Entrants
3.6.3.1.4. Threat of Substitutes
3.6.3.1.5. Degree of Competition
4. Global Freight Forwarding Market Revenue (USD Million) Size (2020-2035)- By Geographical Analysis
4.1. North America
4.1.1. US
4.1.2. Canada
4.1.3. Mexico
4.2. Europe
4.2.1. Germany
4.2.2. France
4.2.3. UK
4.2.4. Italy
4.2.5. Spain
4.2.6. Netherlands
4.2.7. Poland
4.2.8. Belgium
4.2.9. Denmark
4.2.10. Rest of Europe
4.3. APAC
4.3.1. China
4.3.2. India
4.3.3. Japan
4.3.4. Taiwan
4.3.5. Vietnam
4.3.6. Philippines
4.3.7. Singapore
4.3.8. Australia
4.3.9. South Korea
4.3.10. Rest of APAC
4.4. South America
4.4.1. Brazil
4.4.2. Argentina
4.4.3. Peru
4.4.4. Colombia
4.4.5. Chile
4.4.6. Rest of South America
4.5. Middle East
4.5.1. Kuwait
4.5.2. Saudi Arabia
4.5.3. Oman
4.5.4. Qatar
4.5.5. UAE
4.5.6. Egypt
4.5.7. Rest of Middle East
4.6. Africa
4.6.1. South Africa
4.6.2. Chad
4.6.3. Mali
4.6.4. Sudan
4.6.5. Algeria
4.6.6. Rest of Africa
5. Global Freight Forwarding Market Revenue (USD Million) Size (2020-2035)- By Services
5.1. Transportation and Warehousing
5.2. Packaging and Documentation
5.3. Value-added Services
6. Global Freight Forwarding Market Revenue (USD Million) Size (2020-2035)- By Mode of Transport
6.1. Land Freight Forwarding
6.2. Sea Freight Forwarding
6.3. Air Freight Forwarding
7. Global Freight Forwarding Market Revenue (USD Million) Size (2020-2035)- By Business Model
7.1. B2B
7.2. B2C
8. Global Freight Forwarding Market Revenue (USD Million) Size (2020-2035)- By End Users
8.1. Retail and E-Commerce
8.2. Manufacturing
8.3. Healthcare
8.4. Automotive
8.5. Others
9. Company Profile Analysis
9.1. FedEx (US)
9.1.1. Vendors Overview
9.1.2. Business Portfolio
9.1.3. Geographical Portfolio
9.1.4. Customers
9.1.5. Financial Analysis
9.1.6. Recent Developments
9.2. Bollore Logistics
9.3. CEVA Logistics
9.4. DB Schenker
9.5. DHL Global Forwarding
9.6. Dimerco
9.7. DSV Panalpina A/S
9.8. Expeditors International
9.9. Hellman Worldwide Logistics
9.10. Kuehne+Nagel International AG
9.11. MGF (Manitoulin Global Forwarding)
9.12. Nippon Express Co., Ltd.
9.13. Transporteca
9.14. UPS Supply Chain Solutions
9.15. UBER Freight LLC.
9.16. Others
10. Sources Covered
10.1. Primary Sources
10.2. Secondary Sources