PUBLISHER: KBV Research | PRODUCT CODE: 1768889
PUBLISHER: KBV Research | PRODUCT CODE: 1768889
The Latin America, Middle East and Africa Freight Forwarding Market would witness market growth of 6.6% CAGR during the forecast period (2025-2032).
The UAE market dominated the LAMEA Freight Forwarding Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $6,837.5 million by 2032. The Argentina market is showcasing a CAGR of 8.1% during (2025 - 2032). Additionally, The Brazil market would register a CAGR of 5.9% during (2025 - 2032).
The freight forwarding market in LAMEA-comprising Latin America, the Middle East, and Africa-has developed gradually in response to globalization, regional integration, and evolving trade dynamics. Initially, freight forwarding in these regions was rudimentary, often dependent on fragmented infrastructure, limited regulatory coherence, and manual coordination between shippers, carriers, and customs agencies. In Latin America, the logistics landscape was defined by dense geographies and inefficient port systems, while in Africa, the focus was on inland logistics over vast territories with minimal transport networks.
The Middle East, by contrast, developed more structured freight services early on, primarily due to its role in oil exports and access to strategic maritime routes. Over the past two decades, the market has shifted significantly. In Latin America, the creation of regional trade alliances and investments in container ports and rail lines have catalyzed the growth of integrated freight services. Major cities began functioning as logistics hubs, and forwarders evolved from local agents to regional players with multimodal capabilities.
Brazil is the largest freight forwarding market in Latin America, serving as the logistics anchor of South America. Its vast geography, strong agricultural base, industrial clusters, and dense trade flows create consistent demand for forwarding services across ocean, air, road, and rail networks. Ports like Santos, Rio de Janeiro, and Paranagua play vital roles in handling outbound shipments of soybeans, corn, coffee, meat, and minerals, while also supporting the import of manufactured and consumer goods.
Argentina's freight forwarding market is intricately tied to its agricultural economy, export-led trade policy, and fluctuating macroeconomic conditions. Freight forwarders in the country manage complex cross-border flows involving grain, meat, wine, industrial goods, and consumer imports, with ports in Buenos Aires, Rosario, and Bahia Blanca serving as key export gateways.
The country's reliance on road freight, limited rail capacity, and volatile economic environment contribute to inefficiencies in the logistics system, placing pressure on freight forwarders to innovate and adapt. Currency fluctuations, inflation, and import restrictions frequently impact freight pricing, cash flow, and delivery timelines, creating volatility in the market. Nevertheless, infrastructure development-especially in port expansion and intermodal transport-is slowly progressing, supported by public-private partnerships and regional trade incentives.
Saudi Arabia's freight forwarding market is undergoing a structural transformation in alignment with its national Vision 2030 initiative, which emphasizes economic diversification, trade expansion, and logistics sector modernization. The country serves as a vital logistics gateway in the Gulf, with expanding seaports such as Jeddah Islamic Port and King Abdullah Port, growing air freight terminals in Riyadh and Dammam, and increasingly integrated road and rail infrastructure.
Key influencing factors include large-scale infrastructure investments, growth in e-commerce, and increasing industrial output, especially in non-oil sectors such as petrochemicals, automotive, and construction. Reforms in customs processes, digitization of trade documentation, and the establishment of logistics zones have enabled freight forwarders to offer faster, more compliant services. In conclusion, the LAMEA region is emerging as a freight forwarding growth frontier, propelled by infrastructure development, regional trade integration, and increasing demand for agile, tech-enabled logistics.
Based on Customer Type, the market is segmented into B2B, and B2C. Based on Mode of Transport, the market is segmented into Road, Maritime, Rail, and Air. Based on Service, the market is segmented into Transportation & Warehousing, Value Added Services, Packaging, and Other Service. Based on Application, the market is segmented into Industrial & Manufacturing, Retail & e-commerce, Food & Beverages, Healthcare, Oil & Gas, Media & Entertainment, and Other Application. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA Freight Forwarding Market Report Segmentation
By Customer Type
By Mode of Transport
By Service
By Application
By Country