
Freight forwarders, also known as non-vessel operating common carriers, are agents that arrange shipments for industries from manufacturers to the final destination. Forwarders have contracts with shipping line carriers to move cargo. This provides help them offer a secure network of movement of cargo at low prices.
The global Freight Forwarding market was valued at US$ 386.7 million in 2023 and is anticipated to reach US$ 559.6 million by 2030, witnessing a CAGR of 5.5% during the forecast period 2024-2030.
North American market for Freight Forwarding is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Freight Forwarding is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Freight Forwarding in Airfreight Forwarding is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Freight Forwarding include DSV, Deutsche Post DHL Group, Kuehne + Nagel, DB Schenker, Sinotrans, Expeditors International, NIPPON EXPRESS, UPS Supply Chain Solutions and Hellmann Worldwide Logistics, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Freight Forwarding, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Freight Forwarding.
Report Scope
The Freight Forwarding market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Freight Forwarding market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Freight Forwarding companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
DSV
Deutsche Post DHL Group
Kuehne + Nagel
DB Schenker
Sinotrans
Expeditors International
NIPPON EXPRESS
UPS Supply Chain Solutions
Hellmann Worldwide Logistics
Panalpina
C.H. Robinson Worldwide
CJ Korea Express
DACHSER
Dimerco
GEODIS
Bollore Logistics
Segment by Type
Packaging
Documentation
Transportation and warehousing
VAS (Value-added services)
Segment by Application
Airfreight Forwarding
Rail Freight Transportation
Sea Freight Forwarding
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Freight Forwarding companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Freight Forwarding Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Packaging
1.2.3 Documentation
1.2.4 Transportation and warehousing
1.2.5 VAS (Value-added services)
1.3 Market by Application
1.3.1 Global Freight Forwarding Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Airfreight Forwarding
1.3.3 Rail Freight Transportation
1.3.4 Sea Freight Forwarding
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Freight Forwarding Market Perspective (2019-2030)
2.2 Freight Forwarding Growth Trends by Region
2.2.1 Global Freight Forwarding Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Freight Forwarding Historic Market Size by Region (2019-2024)
2.2.3 Freight Forwarding Forecasted Market Size by Region (2025-2030)
2.3 Freight Forwarding Market Dynamics
2.3.1 Freight Forwarding Industry Trends
2.3.2 Freight Forwarding Market Drivers
2.3.3 Freight Forwarding Market Challenges
2.3.4 Freight Forwarding Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Freight Forwarding Players by Revenue
3.1.1 Global Top Freight Forwarding Players by Revenue (2019-2024)
3.1.2 Global Freight Forwarding Revenue Market Share by Players (2019-2024)
3.2 Global Freight Forwarding Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Freight Forwarding Revenue
3.4 Global Freight Forwarding Market Concentration Ratio
3.4.1 Global Freight Forwarding Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Freight Forwarding Revenue in 2023
3.5 Freight Forwarding Key Players Head office and Area Served
3.6 Key Players Freight Forwarding Product Solution and Service
3.7 Date of Enter into Freight Forwarding Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Freight Forwarding Breakdown Data by Type
4.1 Global Freight Forwarding Historic Market Size by Type (2019-2024)
4.2 Global Freight Forwarding Forecasted Market Size by Type (2025-2030)
5 Freight Forwarding Breakdown Data by Application
5.1 Global Freight Forwarding Historic Market Size by Application (2019-2024)
5.2 Global Freight Forwarding Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Freight Forwarding Market Size (2019-2030)
6.2 North America Freight Forwarding Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Freight Forwarding Market Size by Country (2019-2024)
6.4 North America Freight Forwarding Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Freight Forwarding Market Size (2019-2030)
7.2 Europe Freight Forwarding Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Freight Forwarding Market Size by Country (2019-2024)
7.4 Europe Freight Forwarding Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Freight Forwarding Market Size (2019-2030)
8.2 Asia-Pacific Freight Forwarding Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Freight Forwarding Market Size by Region (2019-2024)
8.4 Asia-Pacific Freight Forwarding Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Freight Forwarding Market Size (2019-2030)
9.2 Latin America Freight Forwarding Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Freight Forwarding Market Size by Country (2019-2024)
9.4 Latin America Freight Forwarding Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Freight Forwarding Market Size (2019-2030)
10.2 Middle East & Africa Freight Forwarding Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Freight Forwarding Market Size by Country (2019-2024)
10.4 Middle East & Africa Freight Forwarding Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 DSV
11.1.1 DSV Company Detail
11.1.2 DSV Business Overview
11.1.3 DSV Freight Forwarding Introduction
11.1.4 DSV Revenue in Freight Forwarding Business (2019-2024)
11.1.5 DSV Recent Development
11.2 Deutsche Post DHL Group
11.2.1 Deutsche Post DHL Group Company Detail
11.2.2 Deutsche Post DHL Group Business Overview
11.2.3 Deutsche Post DHL Group Freight Forwarding Introduction
11.2.4 Deutsche Post DHL Group Revenue in Freight Forwarding Business (2019-2024)
11.2.5 Deutsche Post DHL Group Recent Development
11.3 Kuehne + Nagel
11.3.1 Kuehne + Nagel Company Detail
11.3.2 Kuehne + Nagel Business Overview
11.3.3 Kuehne + Nagel Freight Forwarding Introduction
11.3.4 Kuehne + Nagel Revenue in Freight Forwarding Business (2019-2024)
11.3.5 Kuehne + Nagel Recent Development
11.4 DB Schenker
11.4.1 DB Schenker Company Detail
11.4.2 DB Schenker Business Overview
11.4.3 DB Schenker Freight Forwarding Introduction
11.4.4 DB Schenker Revenue in Freight Forwarding Business (2019-2024)
11.4.5 DB Schenker Recent Development
11.5 Sinotrans
11.5.1 Sinotrans Company Detail
11.5.2 Sinotrans Business Overview
11.5.3 Sinotrans Freight Forwarding Introduction
11.5.4 Sinotrans Revenue in Freight Forwarding Business (2019-2024)
11.5.5 Sinotrans Recent Development
11.6 Expeditors International
11.6.1 Expeditors International Company Detail
11.6.2 Expeditors International Business Overview
11.6.3 Expeditors International Freight Forwarding Introduction
11.6.4 Expeditors International Revenue in Freight Forwarding Business (2019-2024)
11.6.5 Expeditors International Recent Development
11.7 NIPPON EXPRESS
11.7.1 NIPPON EXPRESS Company Detail
11.7.2 NIPPON EXPRESS Business Overview
11.7.3 NIPPON EXPRESS Freight Forwarding Introduction
11.7.4 NIPPON EXPRESS Revenue in Freight Forwarding Business (2019-2024)
11.7.5 NIPPON EXPRESS Recent Development
11.8 UPS Supply Chain Solutions
11.8.1 UPS Supply Chain Solutions Company Detail
11.8.2 UPS Supply Chain Solutions Business Overview
11.8.3 UPS Supply Chain Solutions Freight Forwarding Introduction
11.8.4 UPS Supply Chain Solutions Revenue in Freight Forwarding Business (2019-2024)
11.8.5 UPS Supply Chain Solutions Recent Development
11.9 Hellmann Worldwide Logistics
11.9.1 Hellmann Worldwide Logistics Company Detail
11.9.2 Hellmann Worldwide Logistics Business Overview
11.9.3 Hellmann Worldwide Logistics Freight Forwarding Introduction
11.9.4 Hellmann Worldwide Logistics Revenue in Freight Forwarding Business (2019-2024)
11.9.5 Hellmann Worldwide Logistics Recent Development
11.10 Panalpina
11.10.1 Panalpina Company Detail
11.10.2 Panalpina Business Overview
11.10.3 Panalpina Freight Forwarding Introduction
11.10.4 Panalpina Revenue in Freight Forwarding Business (2019-2024)
11.10.5 Panalpina Recent Development
11.11 C.H. Robinson Worldwide
11.11.1 C.H. Robinson Worldwide Company Detail
11.11.2 C.H. Robinson Worldwide Business Overview
11.11.3 C.H. Robinson Worldwide Freight Forwarding Introduction
11.11.4 C.H. Robinson Worldwide Revenue in Freight Forwarding Business (2019-2024)
11.11.5 C.H. Robinson Worldwide Recent Development
11.12 CJ Korea Express
11.12.1 CJ Korea Express Company Detail
11.12.2 CJ Korea Express Business Overview
11.12.3 CJ Korea Express Freight Forwarding Introduction
11.12.4 CJ Korea Express Revenue in Freight Forwarding Business (2019-2024)
11.12.5 CJ Korea Express Recent Development
11.13 DACHSER
11.13.1 DACHSER Company Detail
11.13.2 DACHSER Business Overview
11.13.3 DACHSER Freight Forwarding Introduction
11.13.4 DACHSER Revenue in Freight Forwarding Business (2019-2024)
11.13.5 DACHSER Recent Development
11.14 Dimerco
11.14.1 Dimerco Company Detail
11.14.2 Dimerco Business Overview
11.14.3 Dimerco Freight Forwarding Introduction
11.14.4 Dimerco Revenue in Freight Forwarding Business (2019-2024)
11.14.5 Dimerco Recent Development
11.15 GEODIS
11.15.1 GEODIS Company Detail
11.15.2 GEODIS Business Overview
11.15.3 GEODIS Freight Forwarding Introduction
11.15.4 GEODIS Revenue in Freight Forwarding Business (2019-2024)
11.15.5 GEODIS Recent Development
11.16 Bollore Logistics
11.16.1 Bollore Logistics Company Detail
11.16.2 Bollore Logistics Business Overview
11.16.3 Bollore Logistics Freight Forwarding Introduction
11.16.4 Bollore Logistics Revenue in Freight Forwarding Business (2019-2024)
11.16.5 Bollore Logistics Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
DSV
Deutsche Post DHL Group
Kuehne + Nagel
DB Schenker
Sinotrans
Expeditors International
NIPPON EXPRESS
UPS Supply Chain Solutions
Hellmann Worldwide Logistics
Panalpina
C.H. Robinson Worldwide
CJ Korea Express
DACHSER
Dimerco
GEODIS
Bollore Logistics
Ìý
Ìý
*If Applicable.
