Dublin, June 24, 2025 (GLOBE NEWSWIRE) — The “Freight Forwarding Market Outlook 2025-2034” has been added to ResearchAndMarkets.com’s offering.
The Freight Forwarding Market is poised for significant growth, valued at USD 178.1 billion in 2025 and projected to reach USD 249.8 billion by 2034, driven by a CAGR of 3.8%
This market is vital for global trade, coordinating cargo movement and involving logistics activities like shipping and customs clearance. As e-commerce expands, the demand for faster, cost-effective, and sustainable shipping solutions has fueled growth, prompting increased adoption of digital technologies.
The surge in cross-border e-commerce and new trade agreements have amplified the demand for flexible logistics solutions, offering immense opportunities for freight forwarders. Innovations in multimodal transportation, combining air, sea, rail, and road, optimize cost, speed, and environmental impact, strengthening the market’s role in global trade networks.
Digital transformation and sustainability have been pivotal in 2024, as AI and machine learning enhance logistics management, improving route optimization, predictive analytics, and automating booking. These advancements enable precise delivery timelines and reduce costs. Blockchain technology is being integrated to bolster transparency and security, enhancing freight forwarding operations.
In response to geopolitical tensions, pandemics, and supply chain disruptions, the market is diversifying routes, enhancing risk management, and reinforcing regional partnerships. Environmental concerns are driving companies towards reducing carbon footprints through greener transport options like electric vehicles and sustainable packaging, while sustainability becomes a crucial growth driver.
Looking ahead to 2025 and beyond, the Freight Forwarding Market will continue transforming through advanced technologies, with automation and sustainability at its core. Autonomous vehicles, drones, and smart warehouses will revolutionize the process, reducing errors and costs while expediting deliveries. Green logistics will remain significant, exploring biofuels and optimizing supply chains to reduce waste.
Report Highlights
- Digitalization and Automation: AI, machine learning, and automation streamline route optimization and supply chain management, boosting efficiency and cost-cutting.
- Blockchain for Transparency: The integration of blockchain improves security, transparency, and reliability in freight documentation, minimizing fraud.
- Environmental Sustainability Focus: As climate concerns grow, there’s a shift to greener logistics solutions, like electric vehicles and optimized shipping routes, to cut carbon emissions.
- Rise of E-commerce: E-commerce is driving demand for efficient last-mile delivery solutions, adapting to small parcel deliveries and consumer expectations.
- Multimodal Transport Integration: Increasing use of multimodal solutions optimizes costs, speed, and environmental impact by combining different transport modes.
- Globalization of Trade: Increased trade and cross-border e-commerce demand scalable solutions to handle growing cargo volumes efficiently.
- Technological Advancements: Digital tools, AI, and IoT enhance operational efficiency and customer experience via real-time tracking and predictive analytics.
Key Attributes:
Report Attribute | Details |
No. of Pages | 150 |
Forecast Period | 2025 – 2034 |
Estimated Market Value (USD) in 2025 | $178.1 Billion |
Forecasted Market Value (USD) by 2034 | $249.8 Billion |
Compound Annual Growth Rate | 3.8% |
Regions Covered | Global |
Companies Featured
- 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
- Bollore 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
For more information about this report visit https://www.researchandmarkets.com/r/6herxl
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- Freight Forwarding Market