PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1766102
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1766102
According to Stratistics MRC, the Global Multimodal Transport Service Market is accounted for $64.30 billion in 2025 and is expected to reach $104.34 billion by 2032 growing at a CAGR of 7.16% during the forecast period. The term "multimodal transport service" describes the transportation of products under a single contract or bill of lading using two or more modes of transportation, such as air, sea, road, or rail. This integrated system, which frequently requires coordination between many carriers and logistics providers, guarantees the effective and seamless transfer of cargo from origin to destination. Reducing transit time, optimising costs, and enhancing supply chain reliability are the main benefits of multimodal transportation. It provides a streamlined solution for both domestic and international freight transfer by streamlining documentation and communication.
Global trade expansion
Businesses look for more efficient transport options to cut down on transit time and expenses as cross-border trade volumes increase. By integrating air, sea, rail, and road systems to maximise delivery, multimodal transportation provides flexibility. It facilitates easier cross-continental movement of goods by improving connectivity between global supply networks. The demand for multimodal logistics is further increased by the expansion of e-commerce and international trade agreements. As a result, logistics companies are making investments in cutting-edge infrastructure and technologies to meet this growing demand worldwide.
High infrastructure and coordination costs
A significant amount of cash is needed for the construction and upkeep of terminals, warehouses, and intermodal hubs. These exorbitant expenses frequently discourage new competitors and restrict growth in underdeveloped nations. Furthermore, it is difficult and costly to coordinate different transportation modes, operators, and regulatory agencies in a seamless manner. Operational costs are further increased by scheduling and communication inefficiencies and delays. Consequently, multimodal transport services become less appealing and cost-effective overall.
Digital transformation & smart logistics
Route optimisation is enhanced by cutting down on travel times and operating expenses with the use of cutting-edge technology like IoT and AI. Smart logistics platforms improve coordination across modes of transportation by streamlining stakeholder communication. Human error and delays are reduced when freight handling and paperwork are automated. Increased visibility via digital tools promotes trust and client satisfaction. All things considered, these developments propel market expansion by raising service quality, speed, and dependability.
Regulatory and geopolitical risks
Delays and higher operating expenses are caused by complicated international trade laws and disparate country customs processes. Transportation lines can be disrupted and access to important markets limited by political instability and cross-border disputes. For logistics companies, further uncertainty is exacerbated by shifting governmental regulations, tariffs, and sanctions. Administrative expenses are increased by adhering to various safety and environmental regulations. Together, these risks discourage investment and have an effect on the dependability and efficiency of multimodal transportation operations.
Covid-19 Impact
The COVID-19 pandemic significantly disrupted the Multimodal Transport Service Market by causing supply chain interruptions, port congestion, and labor shortages. Restrictions on movement and lockdowns led to delays and cancellations across shipping, rail, and road networks. However, the crisis also highlighted the need for resilient logistics strategies, accelerating digitalization and demand for integrated transport solutions. As economies recovered, the market gradually stabilized, with companies investing in flexible, tech-driven systems to mitigate future disruptions and ensure continuity across transport modes.
The fourth-party logistics (4PL) segment is expected to be the largest during the forecast period
The fourth-party logistics (4PL) segment is expected to account for the largest market share during the forecast period, due to end-to-end supply chain solutions. It manages and coordinates multiple logistics providers, enhancing efficiency and reducing operational complexities for businesses. With advanced technology and data analytics, 4PL providers optimize route planning and cost-effectiveness across transport modes. Their strategic oversight improves service reliability and visibility in multimodal operations. This growing demand for holistic logistics management is driving the expansion of the 4PL segment within the multimodal transport ecosystem.
The pharmaceutical & healthcare segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the pharmaceutical & healthcare segment is predicted to witness the highest growth ratees by demanding fast, secure, and temperature-controlled logistics solutions for sensitive medical products. Multimodal transport ensures timely delivery across long distances while maintaining strict regulatory compliance. The rise in global demand for vaccines, biologics, and clinical trial materials boosts the need for integrated transport networks. Specialized containers and real-time tracking systems enhance safety and reliability during transit. As healthcare logistics become more complex, multimodal services offer flexibility and efficiency, driving market growth.
During the forecast period, the Asia Pacific region is expected to hold the largest market share due to expanding manufacturing hubs, rising e-commerce, and significant investments in infrastructure development. Countries like China, India, and Japan are emphasizing seamless logistics solutions to enhance trade efficiency. Technological advancements and government initiatives to improve connectivity across road, rail, sea, and air are further accelerating market growth. The region benefits from cost-effective labor and high trade volume, making it a vital player in global supply chain networks.
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, due to advanced digital integration, automation, and stringent environmental regulations. The U.S. and Canada focus on optimizing transportation networks using AI, IoT, and data analytics for real-time logistics management. Unlike Asia Pacific's infrastructure-driven growth, North America emphasizes efficiency, sustainability, and premium service delivery. The presence of established logistics providers, along with a mature e-commerce sector, supports market stability. However, labor shortages and aging infrastructure remain key challenges affecting seamless multimodal operations.
Key players in the market
Some of the key players profiled in the Multimodal Transport Service Market include DB Schenker, DSV Panalpina, CEVA Logistics, GEODIS, XPO Logistics, UPS Supply Chain Solutions, C.H. Robinson, Expeditors International of Washington, Nippon Express, Maersk A/S, Sinotrans, Agility Logistics, Bollore Logistics, CMA CGM Logistics, PSA BDP and Marfret Inland Services.
In June 2025, DSV completed the acquisition of Schenker, further cementing its position as a world-leading player in transport and logistics. This move significantly expands DSV's global reach and operational capabilities, especially in multimodal transport services.
In September 2024, DB Schenker Georgia launched a new multimodal rail transport service for containers between China and Georgia, utilizing the Middle Corridor (Trans-Caspian International Transport Route). This service reduces transit times to 18-25 days, offers competitive pricing, and is more environmentally friendly than traditional sea or air routes.