Freight Forwarding Market Outlook:
Freight Forwarding Market size was over USD 208.16 billion in 2025 and is poised to exceed USD 342.31 billion by 2035, growing at over 5.1% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of freight forwarding is estimated at USD 217.71 billion.
The freight forwarding market is expanding due to globalization and extensive growth in international trade. According to a report by the World Bank Organization in 2020, the world's exports of goods and services as a percentage of GDP were 28.88%, while imports were 27.94%. As a result, the rise in the value of commodities exported globally reflects technological developments, globalization, and shifts in international trade.
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Frequently Asked Questions (FAQ)
In the year 2026, the industry size of freight forwarding is estimated at USD 217.71 billion.
The global freight forwarding market size was more than USD 208.16 billion in 2025 and is anticipated to grow at a CAGR of around 5.1%, reaching USD 342.31 billion revenue by 2035.
North America freight forwarding market will dominate around 32% share by 2035, driven by logistics demand from manufacturing and industrial activity.
Key players in the market include CEVA Logistics, FedEx Corp., Bollore Logistics, DB Schenker, DHL Global Forwarding, DSV Global Transports and Logistics, Expeditors International, United Parcel Service, Kuehne + Nagel International AG, CJ Logistics Corporation.
