In 2023, the global logistics market was worth more than *** trillion U.S. dollars. North America was the second largest region in that year, accounting for approximately *** trillion U.S. dollars. Logistics in Asia-Pacific With roughly *** trillion U.S. dollars in size, the logistics market in the Asia-Pacific region is the largest one globally. The Asia-Pacific region has the most postal offices in the world as well. The leading position of the region in the logistics industry could be explained mostly because of the importance of the region in supplying most of the necessary trade goods globally. Since it was highly cost-effective for western companies to start moving the entire production of goods to less-developed countries in Asia, most of the companies today have their entire facilities performing from Asian countries. The expansion of trade routes and the shift of industrial production towards Asian countries contributed to the logistic market’s development immensely. Yet, when one looks at the distribution of leading logistics firms by the origin of the country, the leading firms are non-Asian headquartered. Besides, the Asia Pacific region has the world’s largest ports which grow at a continuous rate. PSA International, Hutchison Port Holdings, China Cosco Shipping and China Merchants Ports are four major marine terminal operators from the region. PSA International Singapore-based marine terminal operator, PSA International was founded in 1964 and improved its global reach strategically since then. For instance, PSA International was the leading marine terminal operator globally in 2019. During that period, the company handled some **** million twenty-foot equivalent units (TEUs) during that period. The marine operator experienced a slump in its assets between 2009 and 2015. Yet, since 2016, the company recovered its level of assets held and by 2020 reaching its peak value of over **** billion Singapore dollars. On the other hand, the revenue generated by PSA International has not recovered its peak value from 2011. Between 2009 and 2020 fiscal years, PSA International’s revenue fluctuated around **** billion Singapore dollars, generating just over *** billion Singapore dollars in the fiscal year of 2020.

By 2019, ** percent of companies in the global transportation and logistics industry had implemented advanced robotics in their operations. Almost ** percent of all companies in this industry were planning to start using advanced robots in their operations between 2019 and 2021, showing a potential for the growth of advanced robotics in the industry.

Global Logistics Market is segmented by Application (Retail_ Manufacturing_ E-commerce_ Healthcare_ Automotive), Type (Warehousing_ Transportation_ Supply Chain_ Freight_ E-commerce Logistics), and Geography (North America_ LATAM_ West Europe_Central & Eastern Europe_ Northern Europe_ Southern Europe_ East Asia_ Southeast Asia_ South Asia_ Central Asia_ Oceania_ MEA)

According to the consulting group Next Move Strategy Consulting, the global connected logistics market is expected to increase in size from 21.4 billion U.S. dollars in 2019 to over 41.5 billion U.S. dollars by 2030. Connected logistics integrate multiple devices into single operational platform to enable informed decision making regarding the logistics process.

Snapshot img

Project Logistics Market Size 2025-2029

The project logistics market size is forecast to increase by USD 51.7 billion at a CAGR of 3.4% between 2024 and 2029.

The market is experiencing significant growth due to several key trends. The increase in the number of construction activities worldwide is driving market demand, as these projects require the transportation and installation of large and heavy equipment. Another trend is the digitization of logistics, which is improving efficiency and reducing costs through the use of technologies such as real-time tracking and automation. Additionally, trends such as driverless vehicles, e-commerce, blockchains, and investment pockets in emerging economies are shaping the logistics ecosystem. However, high investments and operational costs remain challenges for market participants. To mitigate these challenges, companies are exploring innovative solutions such as collaborative logistics and outsourcing to third-party providers. Overall, the market is expected to continue growing, driven by these trends and the need for efficient and cost-effective transportation and installation solutions.

What will be the Size of the Project Logistics Market During the Forecast Period?

Request Free Sample

The market encompasses the planning, organization, managing, processing, and controlling of the flow of goods, materials, information, and cargo in the context of large-scale projects, particularly those involving international trade and renewable energy production. Key trends include the adoption of modularization and offsite construction methods, the increasing use of ISO containers for transporting and storing goods, and the integration of technology such as driverless cars and blockchains into logistics ecosystems. Service offerings in this market cater to various industries, including construction companies and production facilities, by managing domestic and overseas logistics costs, ensuring efficient supply chain operations, and providing specialized expertise in handling raw materials and intermediate suppliers.
The market's size and direction reflect the growing demand for complex project logistics solutions in the context of globalization and the shift toward sustainable energy sources.

How is this Project Logistics Industry segmented and which is the largest segment?

The project logistics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Service

  Transportation
  Warehousing
  Others


End-user

  Oil and gas/mining/quarrying
  Construction
  Energy and power
  Others


Mode Of Transportation

  Road
  Rail
  Sea
  Air


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    Canada
    US


  Europe

    Germany
    UK
    Italy


  Middle East and Africa



  South America

By Service Insights

The transportation segment is estimated to witness significant growth during the forecast period.

The transportation segment holds the largest share in the market, as it is a crucial service offering. Major players in this industry provide customized and specialized transportation solutions tailored to each project or customer's unique requirements. These comprehensive transportation packages ensure timely delivery of shipments, regardless of size. DHL International, a subsidiary of Deutsche Post AG, is an exemplary market participant offering industrial project transportation services, capable of transporting massive shipments weighing up to 1,000 tons across borders or to inaccessible locations. The market caters to various industries, including construction, production, and renewable energy, by managing the flow of goods, materials, information, cargo, and personnel.

Market solutions encompass infrastructure development, organization, planning, scheduling, controlling, and processing. Upgraded fleets, industry-specific services, and competitiveness are key drivers for growth in this sector. Despite domestic and overseas logistics costs, project logistics plays a vital role in job creation and impact analysis, requiring significant initial capital investment.

Get a glance at the market report of share of various segments Request Free Sample

The Transportation segment was valued at USD 113.40 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 41% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market size of various regions, Request Free Sample

The market in APAC is projected to lead the global market due to

The Freight and Logistics Market Report is Segmented by End User Industry (Agriculture, Fishing, and Forestry, Construction, Wholesale and Retail Trade, and More), by Logistics Function (Courier, Express, and Parcel, Freight Forwarding, Freight Transport, Warehousing and Storage, and Other Services), and Geography (North America, Asia-Pacific, South America, and More). The Market Forecasts are Provided in Terms of Value (USD).

Global Logistics Visualization System Market is segmented by Application (GIS-based_ 3D Mapping_ Cloud-based_ Augmented Reality_ GPS), Type (Supply Chain Management_ Transport_ Retail_ Warehousing_ E-commerce), and Geography (North America_ LATAM_ West Europe_Central & Eastern Europe_ Northern Europe_ Southern Europe_ East Asia_ Southeast Asia_ South Asia_ Central Asia_ Oceania_ MEA)

In third-party logistics, a company outsources all or much of its operations related to the distribution and logistics to a specialized company. According to a global survey among logistics and supply chain executives which was carried out in July 2021, **** percent of shippers were outsourcing their warehousing activities to 3PL providers. Biggest 3PL markets Along with China, the United States is among the biggest third-party logistics markets in the world. The gross revenue generated by the U.S. 3PL industry amounted to around ***** billion U.S. dollars in 2019. 3PL services may include transportation services, integrating operations, warehousing, cross-docking, inventory management, packaging, and freight forwarding. Transportation costs are typically the highest; in 2020, transportation costs in the United States amounted to just over ************ U.S. dollars, more than ********** of the total business logistics costs for that year. Leaders in the U.S. 3PL market 3PL providers typically include: freight forwarders, courier companies, as well as other companies that integrate and offer subcontracted logistics and transportation services. Some of the leading domestic third-party logistics providers in the United States include: C.H. Robinson, UPS, and XPO Logistics. In 2020, C. H. Robinson and XPO Logistics generated over **** billion U.S. dollars in revenue.

Snapshot img

Road Logistics Market Size 2025-2029

The road logistics market size is forecast to increase by USD 749.1 billion, at a CAGR of 3.3% between 2024 and 2029.

The market is experiencing significant growth due to the increasing demand for green logistics solutions and the automation of same-day delivery processes. Companies are prioritizing sustainable practices to reduce their carbon footprint and meet customer expectations for eco-friendly transportation. This trend is particularly prominent in the e-commerce sector, where rapid delivery times are essential. Meanwhile, the pricing dynamics of Less-Than-Truckload (LTL) carriers pose a challenge for market participants. The volatility of fuel prices and increasing operational costs are causing LTL carriers to raise their rates, putting pressure on logistics providers to find cost-effective solutions. To navigate these challenges, logistics companies must focus on optimizing their operations through technology and process improvements. This could include implementing route optimization algorithms, investing in automation, and exploring alternative fuel options to reduce transportation costs and improve efficiency. By staying agile and responsive to market trends, companies can capitalize on the opportunities presented by the evolving road logistics landscape.

What will be the Size of the Road Logistics Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, with dynamic market dynamics shaping its applications across various sectors. Carbon footprint and transportation costs remain significant factors, driving the need for sustainability initiatives and supply chain optimization. Specialized transportation, such as LTL (less-than-truckload) and FTL (full-truckload) shipping, adapts to meet the demands of diverse industries. Fuel surcharges and compliance regulations influence carrier selection and freight forwarding decisions, while risk management and shipment tracking are essential for ensuring on-time delivery and maintaining customer satisfaction. The shortage of equipment and driver retention pose challenges, necessitating fleet management and route optimization strategies. Technological advancements, including GPS tracking, autonomous vehicles, data analytics, RFID technology, and digital freight matching, revolutionize the industry, enhancing freight visibility and enabling real-time delivery scheduling. Cold chain logistics and warehouse automation cater to specific requirements, while network planning and capacity planning ensure efficient operations. Emission reduction and alternative fuels, such as electric vehicles, are gaining traction, reflecting the industry's commitment to sustainability. Performance measurement, contract negotiation, and insurance costs are crucial elements of logistics management. Temperature monitoring, inventory management, and load planning are essential for maintaining product quality and customer trust. In the ever-changing landscape of road logistics, market activities unfold continuously, with evolving patterns shaping the future of the industry. The integration of predictive modeling, blockchain technology, and e-commerce logistics further underscores the market's dynamic nature.

How is this Road Logistics Industry segmented?

The road logistics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ApplicationDomesticInternationalTypeTruckloadLess than truckloadParcelSame dayEnd-userManufacturingRetailAutomotiveHealthcareOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACAustraliaChinaIndiaJapanRest of World (ROW)

By Application Insights

The domestic segment is estimated to witness significant growth during the forecast period.The market experiences significant developments in 2024, with the domestic segment leading the way due to cost-effectiveness and operational efficiency. Amidst escalating fuel prices and inflation, governments respond by implementing Value-Added Tax (VAT) reductions to alleviate financial burdens. In the courier, parcel, and express sectors, competition intensifies, compelling companies to innovate. To enhance efficiency, they adopt advanced automation in same-day delivery services and invest in digital solutions for freight optimization. The e-commerce sector's growth continues to fuel demand for road logistics, particularly for last-mile deliveries. Major players focus on digital freight matching, real-time tracking, and predictive modeling to streamline operations. Safety regulations, inventory management, load planning, and compliance with labor laws remain essential considerations. Sustainabi

• Logistics Management Services Market Scope:

Global Logistics Management Services Market is estimated to be valued US$ XX.X million in 2019. The report on Logistics Management Services Market provides qualitative as well as quantitative analysis in terms of market dynamics, competition scenarios, opportunity analysis, market growth, etc. for the forecast year up to 2029. The global logistics management services market is segmented on the basis of type, application, and geography.

In 2019, the North America market is valued US$ XX.X million and the market share is estimated X.X%, and it is expected to be US$ XX.X million and X.X% in 2029, with a CAGR X.X% from 2020 to 2029. Read More

The global ocean freight forwarding market, valued at $75.21 billion in 2025, is projected to experience robust growth, driven by the expanding global trade, e-commerce boom, and increasing demand for efficient and reliable logistics solutions. The market's Compound Annual Growth Rate (CAGR) of 5.19% from 2025 to 2033 indicates a steady upward trajectory. Key growth drivers include the rising volume of international trade, particularly within Asia-Pacific and North America, the ongoing digitalization of supply chains with advancements in technology such as blockchain and AI for improved tracking and optimization, and the increasing need for specialized services like temperature-controlled shipping for pharmaceuticals and perishable goods. The Full Container Load (FCL) segment currently dominates the market due to cost-effectiveness for large shipments, but the Less-than-Container Load (LCL) segment is expected to witness significant growth fueled by the rise of smaller businesses engaging in international trade. Challenges, however, include geopolitical instability, fluctuating fuel prices, and port congestion that can disrupt supply chains and increase operational costs. Major players like DB Schenker, DHL, Kuehne + Nagel, and others are constantly innovating to address these challenges and enhance their service offerings, further shaping the competitive landscape. The geographical distribution of the market shows a significant concentration in Asia-Pacific and North America, reflecting these regions' dominant roles in global trade. Europe also holds a substantial market share, while other regions like South America, the Middle East, and Africa are expected to exhibit moderate growth, driven by infrastructure development and economic expansion. The market segmentation by service type (FCL, LCL, others) provides opportunities for specialized service providers to cater to specific needs. Competitive pressures are intense, with companies focusing on strategic alliances, technology investments, and expansion into new markets to maintain a strong position in this dynamic sector. The forecast period of 2025-2033 presents a promising outlook for the ocean freight forwarding market, with opportunities for growth and innovation across various segments and regions. Ocean Freight Forwarding Market: A Comprehensive Analysis (2019-2033) This in-depth report provides a comprehensive analysis of the global ocean freight forwarding market, offering invaluable insights for stakeholders seeking to understand its dynamics, trends, and future prospects. Covering the period from 2019 to 2033, with a base year of 2025, this study meticulously examines market size, growth drivers, challenges, and key players, providing crucial data for strategic decision-making. The report utilizes a robust methodology, incorporating both historical data (2019-2024) and future projections (2025-2033), to offer a precise and reliable forecast for the market's trajectory. This report is essential for businesses involved in ocean freight, shipping logistics, container transportation, and global trade. Recent developments include: October 2022: Sea/ announces the acquisition of Chinsay, a technology business with locations in Singapore and a Stockholm headquarters. By uniting the two businesses, the sector as a whole will get access to an improved digital charter party ecosystem with over 450 active broker users and a total annualized volume of 34,000 fixtures., June 2022: AP Moller - Maersk (Maersk) announced the completion of its acquisition of Senator International, a world-renowned transportation company. By adding tailored domestic, international, and cross-border logistics to Maersk's North American landside logistics capabilities for business-to-business (B2B) and business-to-consumer (B2C) distribution models, the strategic and highly complementary acquisition will benefit the clients.. Key drivers for this market are: Growing Events in E-commerce Sector, Increasing Demand for Qualified Event Logistics Services. Potential restraints include: High Labour Cost, High Pricing. Notable trends are: Rising Cross Broder E-Commerce is driving the Market.

Snapshot img

Finished Vehicles Logistics Market Size 2025-2029

The finished vehicles logistics market size is forecast to increase by USD 26.9 billion, at a CAGR of 5.1% between 2024 and 2029. The market is experiencing significant growth, driven by the expanding automotive industry and the increasing sales of electric vehicles. This trend is expected to continue as automakers continue to invest in new production facilities and consumers show a growing preference for electric vehicles.

Major Market Trends & Insights

APAC dominated the market and contributed 62% to the growth during the forecast period.
The market is expected to grow significantly in Europe region as well over the forecast period.
Based on the Type, the road segment led the market and was valued at USD 54.70 billion of the global revenue in 2023.
Based on the Service, the warehousing segment accounted for the largest market revenue share in 2023.

Market Size & Forecast

Market Opportunities: USD 43.04 Billion
Future Opportunities: USD 26.9 Billion
CAGR (2024-2029): 5.1%
APAC: Largest market in 2023

The market faces a notable challenge in the form of a shortage of truck drivers, which may impact the efficient transportation of finished vehicles from manufacturing sites to dealerships and ports. This shortage could lead to increased logistics costs and potential delays in delivery, requiring companies to explore alternative solutions such as intermodal transportation or outsourcing to third-party logistics providers.

To capitalize on market opportunities and navigate these challenges effectively, companies must focus on optimizing their logistics networks, investing in technology to streamline operations, and collaborating with industry partners to address the truck driver shortage. By staying agile and responsive to market dynamics, logistics providers can position themselves as strategic partners to automakers and dealers, helping to ensure the timely and cost-effective delivery of finished vehicles to customers.

What will be the Size of the Finished Vehicles Logistics Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample

The market continues to evolve, driven by the need for efficient and effective transportation, risk management, and compliance. Vehicle damage assessment plays a crucial role in mitigating risks and ensuring the timely delivery of vehicles. For instance, a leading automaker reduced damage incidents by 25% through advanced assessment techniques and predictive maintenance. Risk management strategies are increasingly important as logistics networks grow more complex. Terminal operations efficiency, rail transportation scheduling, and secure transportation protocols are key areas of focus. Shipment tracking technology, compliance management systems, and customs clearance processes enable real-time visibility into the supply chain. Fleet management solutions, such as vehicle tracking systems, delivery route planning, and driver behavior analysis, optimize transportation networks and reduce freight costs.

Logistics optimization software, transport management systems, and inventory control systems further enhance supply chain efficiency. Predictive maintenance, cargo securing methods, and delivery time optimization ensure the safe and timely delivery of vehicles. Last mile delivery, insurance claims processing, and documentation management streamline operations and improve customer satisfaction. The market is expected to grow by 7% annually, driven by the increasing demand for global logistics networks and port logistics operations.

How is this Finished Vehicles Logistics Industry segmented?

The finished vehicles logistics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Road
  Rail
  Sea
  Air


Service

  Warehousing
  Transport


Logistics Service

  Inbound
  Outbound
  Reverse
  Aftermarket


Geography

  North America

    US


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The road segment is estimated to witness significant growth during the forecast period. The segment was valued at USD 20.20 billion in 2023. It continued to the largest segment at a CAGR of 4.46%.

Finished vehicles logistics is a critical aspect of the global automotive industry, particularly in North America and Europe, where road transportation plays a significant role. This mode of transport offers several advantages, including seamless customs clearance processes due to the single document system. Finis

Global Logistics Services Market is segmented by Application (Retail_ Automotive_ E-commerce_ Manufacturing_ Pharmaceuticals), Type (Transportation_ Warehousing_ Freight Forwarding_ Distribution_ Supply Chain Management), and Geography (North America_ LATAM_ West Europe_Central & Eastern Europe_ Northern Europe_ Southern Europe_ East Asia_ Southeast Asia_ South Asia_ Central Asia_ Oceania_ MEA)

The Secondary Transport and Logistics market is poised for significant expansion, projected to reach a substantial market size of approximately $500 billion in 2025, with a robust Compound Annual Growth Rate (CAGR) of roughly 8% anticipated over the forecast period leading up to 2033. This impressive growth is primarily fueled by the accelerating e-commerce sector, which demands efficient and reliable last-mile and middle-mile delivery solutions. The increasing complexity of global supply chains and the growing need for specialized logistics services across diverse industries like Food & Beverage, Healthcare, and Automotive are also key drivers. Furthermore, advancements in technology, including real-time tracking, route optimization software, and the nascent integration of autonomous vehicles, are enhancing operational efficiency and customer satisfaction, thereby stimulating market growth. Despite the optimistic outlook, the market faces certain constraints. Rising fuel costs and the persistent shortage of skilled logistics personnel present ongoing challenges for service providers. Regulatory hurdles and the need for substantial capital investment in infrastructure and technology also act as barriers. However, the market is adapting through strategic partnerships and mergers & acquisitions, exemplified by key players like DHL Group, Clipper Logistics, and TVS Supply Chain Solutions. The B2B segment is expected to dominate, driven by the intricate needs of large corporations, while the B2C segment will experience rapid growth, propelled by the burgeoning online retail landscape. Geographically, the Asia Pacific region, particularly China and India, is anticipated to emerge as a major growth engine due to its expanding industrial base and burgeoning consumer market, though North America and Europe will continue to hold significant market share. Here is a unique report description for Secondary Transport and Logistics, incorporating your specific requirements:

This in-depth report provides a granular analysis of the Secondary Transport and Logistics market, offering critical insights for stakeholders navigating this dynamic sector. Spanning the Study Period: 2019-2033, with a Base Year: 2025 and a detailed Forecast Period: 2025-2033, this research delves into historical trends from 2019-2024 to project future market trajectories. The report examines the intricate web of services that facilitate the movement of goods after their initial primary transportation, encompassing last-mile delivery, specialized handling, and regional distribution networks. With an estimated market size in the millions of units, this report equips businesses with the strategic intelligence to optimize their supply chains, understand competitive landscapes, and capitalize on emerging opportunities.

The global Event Logistics market is projected to reach a significant size, estimated at $60,600 million in 2025, and is poised for robust growth with a Compound Annual Growth Rate (CAGR) of 3.5% throughout the forecast period of 2025-2033. This expansion is primarily fueled by the increasing demand for seamless execution of a wide array of events, from large-scale international trade fairs and high-profile sporting events to captivating entertainment productions and diverse corporate gatherings. The inherent complexity of managing the movement of goods, equipment, and personnel for these events, often across borders and under tight deadlines, necessitates specialized logistics solutions. Key drivers of this market include the growing MICE (Meetings, Incentives, Conferences, and Exhibitions) sector, the resurgence of in-person events post-pandemic, and the continuous innovation in logistics technologies that enhance efficiency and transparency. The industry is witnessing a strong upward trajectory, reflecting the critical role event logistics plays in ensuring the successful delivery of experiences that resonate with global audiences. Several key trends are shaping the event logistics landscape, including the increasing adoption of digital technologies for real-time tracking and management, a growing emphasis on sustainable logistics practices to minimize environmental impact, and the rise of specialized niche providers catering to specific event types. While the market benefits from strong growth drivers, it also faces certain restraints. These include the inherent volatility of event scheduling and cancellations, the challenges associated with navigating complex customs regulations and international shipping laws, and the ever-present threat of supply chain disruptions. Furthermore, the high cost associated with specialized equipment and skilled labor for event logistics can be a barrier to entry for smaller players. Despite these challenges, the market is expected to demonstrate resilience and continued expansion, driven by the ongoing global appetite for live experiences and the continuous efforts of logistics companies to innovate and adapt to evolving market demands. This report provides an in-depth analysis of the global Event Logistics market, a dynamic sector valued in the hundreds of millions, projected to witness significant expansion from 2019 to 2033. With a base year of 2025 and a forecast period extending to 2033, the study leverages historical data from 2019-2024 to offer actionable insights for stakeholders. We explore the intricate landscape of event logistics, from its market concentration and prevailing trends to the key regions and segments poised for dominance. Product insights, report coverage, driving forces, challenges, emerging trends, growth catalysts, leading players, and significant developments are all meticulously examined to provide a holistic understanding of this critical industry.

The European Fast-Moving Consumer Goods (FMCG) logistics market, valued at €289.51 million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 4.62% from 2025 to 2033. This expansion is driven by several key factors. The rise of e-commerce within the FMCG sector necessitates efficient and reliable logistics solutions, fueling demand for warehousing, transportation, and value-added services like temperature-controlled storage and specialized handling for perishable goods. Increased consumer demand for convenience and faster delivery times further intensifies the need for sophisticated logistics networks. Furthermore, the growing popularity of subscription boxes and direct-to-consumer (DTC) models is creating new opportunities for logistics providers specializing in smaller, frequent shipments. The market's segmentation reveals a significant share held by food and beverage logistics, followed by personal and household care products. Major players like DB Schenker, DHL Group, and Kuehne + Nagel are vying for market share, leveraging technological advancements such as real-time tracking, predictive analytics, and automation to enhance efficiency and customer satisfaction. Competition is intense, particularly in key markets like the United Kingdom, Germany, and France, where established players face challenges from emerging logistics providers offering niche services and competitive pricing. The European Union's focus on sustainable practices is also influencing the FMCG logistics landscape. Companies are increasingly investing in eco-friendly transportation options and optimizing their supply chains to reduce their carbon footprint. This trend is likely to gain further momentum in the coming years, driven by both regulatory pressure and consumer preferences. While the market faces potential restraints such as fluctuations in fuel prices and geopolitical instability, the overall outlook remains positive, with continued growth anticipated throughout the forecast period. Expansion into new markets and the adoption of innovative technologies are expected to be key strategies for successful players in this dynamic and competitive landscape. The presence of established logistics giants alongside smaller, specialized companies suggests that a diverse range of services caters to the specific needs of various FMCG businesses. Europe FMCG Logistics Industry: A Comprehensive Market Analysis (2019-2033) This report provides a detailed analysis of the Europe FMCG logistics industry, covering the period from 2019 to 2033. It offers invaluable insights into market size, trends, key players, and future growth prospects, focusing on crucial segments like transportation, warehousing, and value-added services within the food and beverage, personal care, and household care sectors. The study uses 2025 as the base year and provides forecasts through 2033, with historical data from 2019-2024. This in-depth analysis is essential for businesses seeking to navigate the complexities of this dynamic market and unlock substantial growth opportunities. The report's value lies in its ability to forecast trends, identify lucrative segments, and assess the competitive landscape. The report's estimated market value (in Millions) will provide clear quantifiable figures of the market's size and growth potential. Recent developments include: January 2023: CEVA Logistics announced the creation of a dedicated Finished Vehicle Logistics (FVL) organization as part of its integration with GEFCO. The move comes following the purchase of the French automotive logistics specialist in July 2022 by the CMA CGM Group. CEVA Logistics offers a full range of global logistics and supply chain services, including contract logistics and air, ocean, ground, and finished vehicle transport. With the GEFCO acquisition and integration, CEVA is now the largest France-based logistics company and a global leader in automotive logistics solutions., March 2022: DHL Parcel UK announced a new partnership with ZigZag, the technology platform specializing in e-commerce returns. ZigZag'snetwork of over 100 retailers, including Selfridges, GAP, and Superdry, can now access DHL's Just Right Returns service. It is a fast, convenient, and high-quality returns solution. ZigZagretailers can offer their customers the option to return their parcels at any of DHL's 3,500 service points nationwide for next-day collection, with returns delivered to the retailers the following day. The fast turnaround offered by DHL will appeal to retailers looking to get goods back on the shelves quickly through efficient returns handling.. Key drivers for this market are: Strategic Location, Economic diversification. Potential restraints include: Infrastructure challenges, Skilled workforce. Notable trends are: E-commerce Sales to Rise at a High Pace in Europe.

Snapshot img

Freight Forwarding Market Size 2025-2029

The freight forwarding market size is valued to increase USD 51.62 billion, at a CAGR of 4.1% from 2024 to 2029. Increasing international trade will drive the freight forwarding market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 47% growth during the forecast period.
By Mode Of Transportation - Land freight segment was valued at USD 108.41 billion in 2023
By Application - Industrial and manufacturing segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 34.47 billion
Market Future Opportunities: USD 51.62 billion
CAGR : 4.1%
APAC: Largest market in 2023

Market Summary

The market encompasses the global trade of transporting goods from one place to another, utilizing various modes of transportation such as air, sea, and land. Core technologies and applications, including the increasing usage of AI and ML, are revolutionizing the industry by optimizing logistics, enhancing supply chain visibility, and reducing operational costs. Service types or product categories, such as less-than-container load (LCL) and full container load (FCL), cater to diverse customer needs. Regulations, including the International Maritime Organization's (IMO) carbon intensity indicators and the European Union's (EU) Green Deal, are driving market evolution. With international trade continuing to grow, the market is expected to unfold with significant opportunities, despite challenges like high fuel and transportation costs.
According to recent estimates, the market is projected to account for over 30% of the global logistics market share by 2026. Related markets such as the logistics and transportation industries also contribute to the market's dynamics.

What will be the Size of the Freight Forwarding Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Freight Forwarding Market Segmented and what are the key trends of market segmentation?

The freight forwarding industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Mode Of Transportation

  Land freight
  Ocean freight
  Air freight


Application

  Industrial and manufacturing
  Retail and E-commerce
  Food and beverages
  Healthcare
  Others


Service Type

  Transportation and warehousing
  Value-added services


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Mode Of Transportation Insights

The land freight segment is estimated to witness significant growth during the forecast period.

The land freight segment, encompassing both road and rail transportation, is a crucial component of the global freight forwarding market. This segment plays a pivotal role in facilitating the movement of goods over land, supporting both domestic and international trade.Road freightThe road freight segment is dynamic and vital, involving the transportation of goods via trucks, trailers, and other road vehicles. It serves as a primary mode of transport for a wide range of commodities, including manufactured goods, consumer products, and raw materials. One of the key attributes of road freight forwarding is its flexibility and last-mile connectivity. Road transports ability to reach remote locations and access points unattainable by other modes of transport provides a competitive edge for timely and efficient deliveries. This flexibility is particularly advantageous for industries with time-sensitive goods that require direct-to-door delivery and distribution.Road freights integration into multi-modal transportation networks further enhances its efficiency.

Request Free Sample

The Land freight segment was valued at USD 108.41 billion in 2019 and showed a gradual increase during the forecast period.

By seamlessly connecting with other modes of transport such as rail and sea, road freight ensures the smooth and continuous movement of goods across various stages of the supply chain. This capability is essential for maintaining the flow of goods and meeting the demands of modern logistics.Rail freightThe rail freight segment is another critical component of the freight forwarding industry, responsible for the transportation of goods by rail between countries, as well as across continents. This segment encompasses a diverse array of services, including cargo handling, transportation management, customs clearance, and documentation compliance. Rail freight serves as a vital link in the global logistics network, facilitating the efficient movement of goods

The semiconductor logistics market is experiencing robust growth, fueled by the ever-increasing demand for semiconductors across various industries. The market's Compound Annual Growth Rate (CAGR) exceeding 7% from 2019-2033 signifies a significant expansion. This growth is driven by several factors, including the escalating adoption of advanced technologies like 5G, artificial intelligence (AI), and the Internet of Things (IoT), all of which are heavily reliant on semiconductors. Furthermore, the increasing complexity and value of semiconductor chips necessitate specialized handling and transportation, boosting demand for sophisticated logistics solutions. The market is segmented by function (transportation—road, rail, sea, air—warehousing, and value-added services) and destination (domestic and international). Leading players like DHL, Kuehne+Nagel, and DB Schenker are investing heavily in technological advancements and strategic partnerships to enhance their capabilities and secure market share. Geographic expansion into emerging markets, particularly in Asia-Pacific, presents substantial opportunities for growth. However, challenges like geopolitical instability, supply chain disruptions, and the need for enhanced security measures to mitigate risks related to semiconductor theft remain significant. The market's future trajectory will heavily depend on the continuous advancement in semiconductor technology, the stability of global trade, and effective logistics infrastructure development. The North American and Asia-Pacific regions are expected to dominate the market, driven by high semiconductor manufacturing and consumption. Europe and other regions are also expected to contribute significantly to market growth, but at a slightly slower pace. Considering the substantial investment in semiconductor manufacturing facilities globally and the ongoing expansion of the technological landscape, the demand for specialized logistical solutions will remain high. The value-added services segment, such as specialized packaging and temperature-controlled transportation, is anticipated to witness the highest growth within the functional segments, reflecting the fragility and value of semiconductor components. The international segment is projected to outpace domestic shipments as global supply chains continue to expand and interconnect. This underscores the vital role of efficient, secure, and reliable international logistics networks in the semiconductor industry. Semiconductor Logistics Market: A Comprehensive Report (2019-2033) This comprehensive report provides an in-depth analysis of the global semiconductor logistics market, offering invaluable insights for stakeholders across the semiconductor value chain. Leveraging data from the historical period (2019-2024), base year (2025), and forecast period (2025-2033), this study meticulously examines market dynamics, trends, and future projections, with a focus on key players and emerging opportunities. The market is expected to reach XXX million units by 2033, presenting significant growth potential for investors and industry participants. Recent developments include: December 2022: Kuehne+Nagel has launched a new air freight shipment offering to address the unique needs of global semiconductor supply chains. All industry stakeholders can establish reliable and agile supply chains with a robust air freight capacity, security solutions, and the new quality standard, "SemiconChain" as the core elements of the offering. The growing demand for semiconductors, as well as the increasing pressure on manufacturing, necessitate a faultless supply chain to support continuous operations., November 2022: Jaguar Land Rover, which is owned by Tata Motors, is forming alliances to improve semiconductor supplies as it seeks to increase sales volume in the second half of 2022. Partnership agreements with several semiconductor suppliers, as well as others in the works, are expected to boost volumes in the second half of the fiscal year ending March 2023 and beyond.. Key drivers for this market are: The rise in online shopping and consumer demand for fast delivery, Rise in cross-border trade activities. Potential restraints include: Poor infrastructure and higher logistics costs. Notable trends are: Increasing demand for semiconductor driving the market.

• Connected Logistics Market Scope:

Global Connected Logistics Market is estimated to be valued US$ XX.X million in 2019. The report on Connected Logistics Market provides qualitative as well as quantitative analysis in terms of market dynamics, competition scenarios, opportunity analysis, market growth, etc. for the forecast year up to 2029. The global connected logistics market is segmented on the basis of type, application, and geography.

In 2019, the North America market is valued US$ XX.X million and the market share is estimated X.X%, and it is expected to be US$ XX.X million and X.X% in 2029, with a CAGR X.X% from 2020 to 2029. Read More