Freight forwarding market seen topping $277 billion by 2030
The Business Research Company says the global freight forwarding market is on track to exceed $277 billion by 2030, led by DHL Global Forwarding with an 8% share in 2025. The report points to digital tools, multimodal transport and customs expertise as the main forces reshaping a fragmented market.
Why it matters: - Freight forwarding sits at the center of global trade, linking air, ocean, road and rail networks. - The market’s growth reflects rising demand for shipment visibility, customs support and multimodal logistics. - The shift toward digital platforms and automation is changing how shippers manage cross-border supply chains.
What happened: - The Business Research Company released its Freight Forwarding Global Market Report 2026 covering market size, trends and forecasts for 2026-2035. - The report says the freight forwarding market will exceed $277 billion by 2030. - DHL Global Forwarding led the market in 2025 with an 8% share of global freight forwarding sales. - The report places the market in a moderately fragmented competitive landscape. - The top 10 companies accounted for 21% of market revenue in 2025. - Request a free sample of the report. - Access the detailed market report.
The details: - DHL Global Forwarding offers air and ocean freight, customs brokerage, multimodal transport and supply chain management. - Other leading companies by 2025 market share include DSV A/S at 4% and Kuehne + Nagel International AG at 4%. - Deutsche Bahn AG, Expeditors International of Washington Inc., A.P. Moller-Maersk Group and Nippon Express Co. Ltd. each held 1%. - UPS Supply Chain Solutions Inc. held 0.1%, C.H. Robinson Worldwide Inc. held 0.04% and Kerry Logistics Network Limited held 0.03%. - The market is forecast to grow at a 5% compound annual rate through 2030. - Freight forwarding is expected to make up about 7% of the larger general transport market by 2030. - The broader transport services industry is forecast at $12,477 billion by 2030, with freight forwarding representing about 2% of that total. - The general transport market is expected to reach nearly $3,899 billion by 2030. - Asia Pacific is projected to become the largest regional market by 2030 at $81 billion, up from $61 billion in 2025. - Asia Pacific growth is expected to run at a 6% CAGR. - The United States is expected to remain the largest single-country market at $63 billion by 2030, up from $51 billion in 2025. - U.S. growth is projected at a 4% CAGR. - The transportation and warehousing segment is expected to lead in 2030 with 59% of the market, or $164 billion. - Packaging and documentation, insurance and value-added services are also expected to contribute materially to growth. - The report segments the market by logistics model, transport mode, customer type and industry application. - Logistics models include first party, second party and third party logistics. - Transport modes include air, ocean, road and rail freight forwarding. - Customer segments include B2C and B2B. - Industry applications include industrial and manufacturing, retail, healthcare, media and entertainment, military, oil and gas, and food and beverages. - The report says international trade, global e-commerce and free trade agreements are the three main growth drivers through 2030. - International trade is expected to add about 2.5% annual growth. - Global e-commerce is expected to add about 2.3% annual growth. - Free trade agreements are expected to add about 2.0% annual growth. - The report says transportation and warehousing, packaging and documentation, value-added services and insurance could add more than $63 billion by 2030.
Between the lines: - The market remains open enough for a wide range of operators, but scale, customs expertise and digital capabilities still determine who wins share. - DP World’s March 2024 launch of a global freight forwarding network shows how incumbents are using technology and network expansion to compete. - The report’s emphasis on AI, cloud visibility and warehouse automation points to a sector moving from manual coordination toward software-driven logistics. - The competitive picture suggests consolidation pressure may rise as customers favor larger platforms with broader coverage and faster shipment data.
What's next: - Companies are expected to keep expanding multimodal networks along key trade routes. - More partnerships across borders are likely as forwarders try to improve customs handling and regional reach. - Investment in cloud-based platforms and warehouse automation is expected to continue as customers demand more transparency and faster turnaround. - Growth should remain strongest in Asia Pacific and the U.S. as trade volumes, manufacturing and digital customs tools support demand. - The report says future gains will come from better supply chain visibility, integrated logistics and customs digitization.
The bottom line: - Freight forwarding is becoming a bigger, more digital business, and the firms with the best networks and technology look best positioned for the next phase of growth.
Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.
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