Freight and Logistics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By End User Industry, By Shipping Type, By Service, By Region & Competition, 2021-2031F

Description

The Global Freight and Logistics Market is projected to expand from USD 16.93 Billion in 2025 to USD 24.95 Billion by 2031, registering a CAGR of 6.68%. This industry involves the strategic planning, execution, and management of goods transportation and storage across international and domestic supply chains via air, maritime, road, and rail networks. Growth in this sector is largely fueled by the rapid rise of cross-border e-commerce and increasing global manufacturing, which require dependable and timely delivery systems to satisfy consumer needs. Highlighting this momentum, the International Air Transport Association (IATA) reported in 2025 that global air cargo demand for the full year 2024 rose by 11.3% compared to 2023, demonstrating a strong recovery and heightened activity within key trade corridors.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 16.93 Billion
Market Size 2031	USD 24.95 Billion
CAGR 2026-2031	6.68%
Fastest Growing Segment	Transportation
Largest Market	Asia Pacific

However, the market faces significant hurdles due to the volatility of fuel prices and geopolitical instability, which often disrupt established trade routes and drive up operational costs. These factors introduce considerable uncertainty into supply chain planning, compelling logistics providers to navigate intricate regulatory landscapes and adopt expensive contingency measures. Such disruptions not only diminish profit margins but also impede the smooth movement of cargo, making it challenging for companies to uphold consistent service standards in a fragmented global economic environment.

Market Driver

The rapid growth of the global e-commerce sector serves as a primary driver for structural shifts within the freight and logistics industry, fundamentally changing how goods are stored and distributed. As consumers demand faster fulfillment and transparent tracking, providers are decentralizing distribution networks and improving last-mile capabilities to cut delivery times. This trend necessitates the precise synchronization of inventory across borders to manage high-frequency parcel flows. The scale of this digital consumption is illustrated by the U.S. Census Bureau's November 2024 report, which estimated U.S. retail e-commerce sales at $300.1 billion for the third quarter of 2024 alone, highlighting the immense pressure on infrastructure to support digital trade.

Simultaneously, the increasing demand for sustainable logistics is steering the market away from fossil fuels toward low-carbon technologies to meet regulatory requirements and corporate responsibility goals. Companies are investing heavily in electric fleets and energy-efficient shipping to reduce the environmental impact of their supply chains. This transition is clear in the heavy transport sector; the International Energy Agency (IEA) noted in April 2024 that global electric truck sales jumped by 35% in 2023, exceeding 54,000 units. Despite the costs associated with these green initiatives, the market continues to grow, with UNCTAD reporting a 2.4% rise in global maritime trade volume in 2023, reaching 12.3 billion tons, proving the sector can expand while adapting to new environmental standards.

Market Challenge

Fluctuating fuel prices and geopolitical instability act as major restraints on the Global Freight and Logistics Market. Regional conflicts and political tensions frequently threaten the security of established trade lanes, forcing logistics providers to reroute cargo through longer, less efficient paths. This need to divert shipments extends delivery times and increases fuel consumption, a problem that is exacerbated when energy prices are volatile. Consequently, operators face difficulties in managing operational budgets effectively, leading to eroded profit margins and reduced capital available for infrastructure investment.

This uncertainty directly impedes the reliable movement of international cargo. When essential maritime or land corridors become inaccessible, the resulting drop in trade volume limits revenue potential for the entire sector. For instance, the United Nations Conference on Trade and Development (UNCTAD) reported in 2024 that weekly container ship transits through the Suez Canal fell by approximately 67% year-over-year due to geopolitical disruptions. Such sharp declines in throughput across critical arteries demonstrate how instability physically restricts market capacity and slows overall industry expansion.

Market Trends

The adoption of Artificial Intelligence and predictive analytics is fast becoming a central element of the Global Freight and Logistics Market, allowing companies to proactively handle growing supply chain complexities. With increasing pressure to navigate trade barriers, operators are utilizing advanced digital tools to improve visibility and optimize strategic decision-making. This focus on technology is reflected in industry sentiment; a January 2025 study by Descartes Systems Group found that 74% of supply chain and logistics leaders surveyed consider technology fundamental or highly important to their organization's growth strategy.

Concurrently, the sector is undergoing a structural transformation driven by supply chain resilience strategies and the fragmentation of traditional trade corridors. Logistics networks are increasingly bypassing direct routes between geopolitical rivals in favor of diversified intermediaries to mitigate risk. This reconfiguration is evident in shifting trade flows; according to DHL's 'Global Connectedness Tracker' from October 2025, the share of world trade occurring directly between the U.S. and China dropped to 2.2% in the first half of 2025, underscoring a significant redirection of cargo toward alternative, more resilient manufacturing hubs.

Key Market Players

Deutsche Post DHL Group
United Parcel Service, Inc.
FedEx Corporation
Kuehne + Nagel International AG
DSV A/S
DB Schenker
A.P. Moller - Maersk A/S
C.H. Robinson Worldwide, Inc.
CEVA Logistics SA
Nippon Express Co., Ltd.

Report Scope

In this report, the Global Freight and Logistics Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Freight and Logistics Market, By End User Industry

Agriculture
Fishing and Forestry
Construction
Manufacturing
Oil and Gas
Mining and Quarrying
Wholesale and Retail Trade
Others

Freight and Logistics Market, By Shipping Type

Airways
Railways
Roadways
Waterways

Freight and Logistics Market, By Service

Inventory management
Packaging
Warehousing
Transportation
Distribution
Custom clearance
Others

Freight and Logistics Market, By Region

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Freight and Logistics Market.

Available Customizations:

Global Freight and Logistics Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Freight and Logistics Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By End User Industry (Agriculture, Fishing and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, Others)
- 5.2.2. By Shipping Type (Airways, Railways, Roadways, Waterways)
- 5.2.3. By Service (Inventory management, Packaging, Warehousing, Transportation, Distribution, Custom clearance, Others)
- 5.2.4. By Region
- 5.2.5. By Company (2025)
5.3. Market Map

6. North America Freight and Logistics Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By End User Industry
- 6.2.2. By Shipping Type
- 6.2.3. By Service
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Freight and Logistics Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By End User Industry
    - 6.3.1.2.2. By Shipping Type
    - 6.3.1.2.3. By Service
- 6.3.2. Canada Freight and Logistics Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By End User Industry
    - 6.3.2.2.2. By Shipping Type
    - 6.3.2.2.3. By Service
- 6.3.3. Mexico Freight and Logistics Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By End User Industry
    - 6.3.3.2.2. By Shipping Type
    - 6.3.3.2.3. By Service

7. Europe Freight and Logistics Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By End User Industry
- 7.2.2. By Shipping Type
- 7.2.3. By Service
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Freight and Logistics Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By End User Industry
    - 7.3.1.2.2. By Shipping Type
    - 7.3.1.2.3. By Service
- 7.3.2. France Freight and Logistics Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By End User Industry
    - 7.3.2.2.2. By Shipping Type
    - 7.3.2.2.3. By Service
- 7.3.3. United Kingdom Freight and Logistics Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By End User Industry
    - 7.3.3.2.2. By Shipping Type
    - 7.3.3.2.3. By Service
- 7.3.4. Italy Freight and Logistics Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By End User Industry
    - 7.3.4.2.2. By Shipping Type
    - 7.3.4.2.3. By Service
- 7.3.5. Spain Freight and Logistics Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By End User Industry
    - 7.3.5.2.2. By Shipping Type
    - 7.3.5.2.3. By Service

8. Asia Pacific Freight and Logistics Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By End User Industry
- 8.2.2. By Shipping Type
- 8.2.3. By Service
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Freight and Logistics Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By End User Industry
    - 8.3.1.2.2. By Shipping Type
    - 8.3.1.2.3. By Service
- 8.3.2. India Freight and Logistics Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By End User Industry
    - 8.3.2.2.2. By Shipping Type
    - 8.3.2.2.3. By Service
- 8.3.3. Japan Freight and Logistics Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By End User Industry
    - 8.3.3.2.2. By Shipping Type
    - 8.3.3.2.3. By Service
- 8.3.4. South Korea Freight and Logistics Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By End User Industry
    - 8.3.4.2.2. By Shipping Type
    - 8.3.4.2.3. By Service
- 8.3.5. Australia Freight and Logistics Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By End User Industry
    - 8.3.5.2.2. By Shipping Type
    - 8.3.5.2.3. By Service

9. Middle East & Africa Freight and Logistics Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By End User Industry
- 9.2.2. By Shipping Type
- 9.2.3. By Service
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Freight and Logistics Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By End User Industry
    - 9.3.1.2.2. By Shipping Type
    - 9.3.1.2.3. By Service
- 9.3.2. UAE Freight and Logistics Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By End User Industry
    - 9.3.2.2.2. By Shipping Type
    - 9.3.2.2.3. By Service
- 9.3.3. South Africa Freight and Logistics Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By End User Industry
    - 9.3.3.2.2. By Shipping Type
    - 9.3.3.2.3. By Service

10. South America Freight and Logistics Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By End User Industry
- 10.2.2. By Shipping Type
- 10.2.3. By Service
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Freight and Logistics Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By End User Industry
    - 10.3.1.2.2. By Shipping Type
    - 10.3.1.2.3. By Service
- 10.3.2. Colombia Freight and Logistics Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By End User Industry
    - 10.3.2.2.2. By Shipping Type
    - 10.3.2.2.3. By Service
- 10.3.3. Argentina Freight and Logistics Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By End User Industry
    - 10.3.3.2.2. By Shipping Type
    - 10.3.3.2.3. By Service

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Freight and Logistics Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Deutsche Post DHL Group
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. United Parcel Service, Inc.
15.3. FedEx Corporation
15.4. Kuehne + Nagel International AG
15.5. DSV A/S
15.6. DB Schenker
15.7. A.P. Moller - Maersk A/S
15.8. C.H. Robinson Worldwide, Inc.
15.9. CEVA Logistics SA
15.10. Nippon Express Co., Ltd.