Airfreight Forwarding Market
By Type;
Full Charter and Split CharterBy Service Type;
Packaging & Labelling, Documentation & PO Management, Charter Services, Transportation & Warehousing and OthersBy End Use Industry;
Retail & FMCG, Manufacturing, Consumer Appliances, Healthcare and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Airfreight Forwarding Market Overview
Airfreight Forwarding Market (USD Million)
Airfreight Forwarding Market was valued at USD 104,139.57 million in the year 2024. The size of this market is expected to increase to USD 133,393.32 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.6%.
Airfreight Forwarding Market
*Market size in USD million
CAGR 3.6 %
| Study Period | 2025 - 2031 | 
|---|---|
| Base Year | 2024 | 
| CAGR (%) | 3.6 % | 
| Market Size (2024) | USD 104,139.57 Million | 
| Market Size (2031) | USD 133,393.32 Million | 
| Market Concentration | High | 
| Report Pages | 325 | 
Major Players
- Kuehne + Nagel
 - DB Schenker
 - DSV Panalpina
 - UPS Supply Chain Solutions
 - DHL Supply Chain & Global Forwarding
 
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Airfreight Forwarding Market
Fragmented - Highly competitive market without dominant players
The Airfreight Forwarding Market is experiencing steady expansion, fueled by the rising need for efficient, fast, and reliable logistics solutions. Industries such as pharmaceuticals, e-commerce, and electronics heavily rely on these services, with nearly 35% of high-value cargo transported by air. The market continues to advance with digital tracking and improved service models, reinforcing its essential role in modern supply chains.
Growing demand for time-sensitive logistics
The airfreight forwarding market is being driven by rising consumer expectations for speed in deliveries. Around 40% of e-commerce goods needing immediate shipping are moved through airfreight forwarding. This demonstrates how businesses are turning to air solutions to boost efficiency and ensure customer satisfaction, strengthening the market’s significance in trade and commerce.
Technological integration in operations
Digital innovations are revolutionizing the airfreight forwarding industry, with almost 50% of providers implementing automation and smart platforms. These solutions enhance shipment visibility, improve route planning, and cut processing times. The adoption of blockchain documentation and AI-powered systems highlights how technology is reshaping the sector toward higher efficiency and reliability.
Collaboration and strategic partnerships
The airfreight forwarding sector is increasingly shaped by mergers, alliances, and collaborations to enhance service reach. Nearly 45% of firms are partnering with airlines and logistics providers to ensure seamless cargo movement. These partnerships enhance connectivity and build stronger, more efficient supply chains that reinforce the industry’s growth trajectory.
Airfreight Forwarding Market Key Takeaways
-  
The airfreight forwarding market is growing as global trade continues to expand, driving the need for efficient and cost-effective logistics solutions, particularly in the perishable goods, pharmaceuticals, and e-commerce sectors.
 -  
Advancements in tracking technologies such as IoT-enabled sensors and blockchain are improving transparency and operational efficiency, allowing businesses to monitor airfreight shipments in real-time and reduce delays.
 -  
The market is benefiting from the rise in cross-border e-commerce, which requires rapid and reliable delivery services to meet consumer demands for fast shipping and product availability in international markets.
 -  
Rising fuel costs and sustainability concerns are prompting airfreight companies to adopt more energy-efficient practices and invest in green logistics solutions to reduce the environmental impact of air cargo transportation.
 -  
The COVID-19 pandemic has accelerated the demand for airfreight services in sectors such as healthcare and pharmaceuticals, with airfreight forwarding playing a crucial role in the rapid distribution of vaccines and medical supplies worldwide.
 -  
Strategic partnerships between logistics providers, airlines, and freight forwarders are enhancing the reach of airfreight services and enabling more seamless global trade and supply chain management.
 -  
Technological innovations in warehouse automation, predictive analytics, and AI-driven optimization are expected to revolutionize the airfreight forwarding market, increasing operational speed and reducing costs.
 
Airfreight Forwarding Market Recent Developments
-  
In April 2022, DHL Supply Chain formed a strategic alliance with ReverseLogix, a leading cloud-based platform for automating end-to-end reverse logistics in e-commerce. The partnership supports the expansion of e-commerce logistics solutions amid rising retail returns.
 -  
In August 2023, National Airlines and Etihad Cargo signed an Interline Agreement to implement the International Civil Aviation Regulations 23rd (ICAIR23) program for the U.S. Postal Service. This collaboration combines expertise in international freight transportation with a global commercial network, boosting efficiency in the air cargo market.
 
Airfreight Forwarding Market Segment Analysis
In this report, the Airfreight Forwarding Market has been segmented by Type, Service Type, End Use Industry and Geography.
Airfreight Forwarding Market, Segmentation by Type
The Airfreight Forwarding Market by type is broadly divided into Full Charter and Split Charter services. These categories cater to varying shipment volumes, cost structures, and operational flexibility across global trade routes. The selection between these types often depends on factors such as cargo size, urgency, and the degree of control required over logistics operations, reflecting the market’s growing emphasis on customized freight solutions.
Full Charter
Full Charter services dominate the airfreight forwarding segment where large-scale shipments or time-critical goods are involved. These charters allow shippers to utilize an entire aircraft, providing flexibility in routing, scheduling, and cargo type. The adoption of full charters is particularly high among global manufacturing and defense sectors due to their need for dedicated transport capacity and stringent delivery timelines.
Split Charter
Split Charter solutions are increasingly being adopted as cost-effective alternatives, enabling multiple clients to share aircraft space. This segment benefits from improved load optimization and reduced per-shipment costs, especially within the retail and e-commerce industries. With the rise of digital freight booking platforms, split charters have witnessed growing traction as a sustainable and agile shipping mode for mid-volume cargoes.
Airfreight Forwarding Market, Segmentation by Service Type
Based on Service Type, the market encompasses a range of value-added logistics offerings that enhance shipment safety, documentation accuracy, and overall customer satisfaction. The growing complexity of global trade has driven companies to integrate multiple service layers such as documentation, warehousing, and labeling to ensure efficient cargo handling and compliance with international trade standards.
Packaging & Labelling
Packaging & Labelling services ensure that goods are safely prepared for long-distance transportation while adhering to international safety standards. The segment’s growth is reinforced by increased demand for eco-friendly and tamper-proof packaging, with over 40% of logistics companies investing in sustainable materials and smart labeling technologies for enhanced traceability.
Documentation & PO Management
Documentation & PO Management remains a critical part of the logistics chain, addressing customs compliance and transaction transparency. Automation in document handling and the use of blockchain for PO tracking are expected to streamline administrative workflows and minimize delays, supporting faster clearance and cost savings.
Charter Services
Charter Services continue to be a vital solution for clients requiring dedicated and time-sensitive freight handling. The segment has seen significant technological integration, with digital booking systems improving capacity visibility and optimizing flight utilization for bulk cargo movements across continents.
Transportation & Warehousing
Transportation & Warehousing represent the backbone of airfreight forwarding, ensuring seamless cargo flow and secure storage. Investments in automated warehouse systems and IoT-enabled fleet monitoring have increased efficiency, helping companies reduce turnaround time and improve cost predictability across key distribution hubs.
Others
The Others category includes specialized logistics functions such as customs brokerage and cargo insurance. These services are essential for risk mitigation and cross-border trade facilitation, especially amid evolving trade policies and global supply chain disruptions.
Airfreight Forwarding Market, Segmentation by End Use Industry
The Airfreight Forwarding Market caters to a diverse range of end-use industries, each with distinct logistical demands. Increasing globalization and e-commerce penetration have heightened the need for fast, reliable, and temperature-controlled freight forwarding solutions across multiple sectors, leading to stronger industry integration and collaborative logistics models.
Retail & FMCG
The Retail & FMCG sector heavily relies on airfreight forwarding for the rapid replenishment of high-demand goods. The increasing adoption of omnichannel retail and just-in-time supply models has spurred logistics firms to enhance route optimization and airspace management, ensuring time-sensitive product delivery.
Manufacturing
Manufacturing industries utilize airfreight forwarding for the transportation of critical components and machinery parts. Growing industrial automation and the shift toward globalized production hubs have driven the need for reliable air cargo solutions that minimize downtime and maintain production continuity.
Consumer Appliances
Consumer Appliances manufacturers benefit from airfreight’s speed and efficiency in managing seasonal surges and international launches. Logistics providers in this segment focus on optimizing load planning and temperature control to protect electronic components during long-haul shipments.
Healthcare
The Healthcare segment represents a fast-growing vertical due to the rising transport of pharmaceuticals, vaccines, and medical devices. With strict regulatory compliance and temperature-sensitive cargo requirements, the integration of real-time tracking and cold-chain technologies has become a critical driver of market growth.
Others
The Others segment includes sectors such as automotive, aerospace, and defense. These industries depend on specialized logistics services capable of handling oversized and high-value shipments, emphasizing security and precision delivery as top operational priorities.
Airfreight Forwarding Market, Segmentation by Geography
In this report, the Airfreight Forwarding Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America remains a dominant hub for airfreight forwarding, driven by strong trade volumes, advanced logistics infrastructure, and the presence of major cargo carriers. The U.S. and Canada collectively account for a significant share of global freight movement, with automation and digital logistics systems boosting efficiency and reducing operational costs.
Europe
Europe continues to experience steady growth, propelled by cross-border e-commerce expansion and modernization of airport cargo facilities. The region’s regulatory emphasis on sustainability and green logistics is also fostering the development of energy-efficient air cargo solutions and multimodal connectivity.
Asia Pacific
Asia Pacific represents the fastest-growing region, accounting for a substantial portion of global air cargo traffic. Major economies like China, Japan, and India are enhancing trade corridors and expanding air freight networks, supported by government-backed infrastructure investments and increasing export-oriented manufacturing.
Middle East & Africa
The Middle East & Africa region serves as a strategic transit hub connecting Asia and Europe. Key markets such as the UAE and Saudi Arabia have become focal points for cargo transshipment due to expanding airport capacities and trade zone developments, supporting regional logistics integration.
Latin America
Latin America is emerging as a promising market, driven by growing agricultural exports, automotive production, and pharmaceutical distribution. Although infrastructure challenges persist, ongoing investments in air cargo modernization are expected to boost operational efficiency and regional trade competitiveness.
Market Trends
In recent years, air freight forwarding has seen notable market trends driven by several factors. One prominent trend is the increasing demand for faster delivery times, particularly in industries such as e-commerce and pharmaceuticals, propelling the growth of expedited air freight services. Another trend is the rise of digitalization and automation within the industry, streamlining operations, enhancing efficiency, and improving customer experiences.
Additionally, environmental concerns have led to a greater emphasis on sustainability, prompting initiatives to reduce carbon emissions and adopt eco-friendly practices in air cargo transportation. Moreover, geopolitical uncertainties and trade tensions have influenced shifting global trade patterns, impacting the flow of goods and reshaping routes and networks for air freight forwarding companies. Overall, the industry is witnessing a dynamic landscape characterized by evolving customer expectations, technological advancements, sustainability initiatives, and geopolitical dynamics.
This report provides an in depth analysis of various factors that impact the dynamics of Global Airfreight Forwarding Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- The availability and quality of airport infrastructure
 - Volume of international trade directly impacts air freight forwarding activities
 -  
Customer demands for faster delivery times- The demand for faster air freight forwarding is rising due to e-commerce growth, just-in-time inventory needs, globalization, and competitive pressure. E-commerce's surge requires quicker delivery, pushing logistics to adapt. Just-in-time inventory models necessitate precise timing, driving the need for efficient air freight services. Global expansion mandates timely cross-border deliveries, where air freight excels in speed.
Technological advancements enable real-time tracking and process streamlining, cutting transit times. In a competitive landscape, swift delivery distinguishes companies, urging them to meet customer expectations. To meet these demands, air freight forwarders invest in technology, optimize routes, refine cargo handling, and foster collaborations with airlines and supply chain stakeholders. Partnerships and alliances further enhance resources and service levels, aligning with customer desires for expedited deliveries. 
Restraints
- Weather conditions and natural disasters
 - Incorrect or incomplete documentation can result in customs clearance delays
 -  
Outbreaks of infectious diseases can disrupt air freight forwarding operations- Infectious disease outbreaks can significantly disrupt air freight forwarding operations through various interconnected mechanisms. Reduced flight availability stemming from airlines' decisions to cancel or reduce flights to affected regions directly impacts the frequency and capacity of air cargo transportation. This reduction often leads to delays in shipments reaching their destinations and can incur additional costs for forwarding companies seeking alternative routes or transport modes. Implementation of stringent health and safety measures at airports and by airlines, such as extensive passenger and cargo screening procedures, adds extra layers of scrutiny and processing time. These measures are crucial for containing the spread of diseases but inevitably slow down the handling and clearance of freight, causing bottlenecks in the supply chain.
Government imposed quarantine measures and travel restrictions disrupt the movement of goods and personnel involved in air freight forwarding operations. Such restrictions can range from outright bans on imports from affected regions to mandatory quarantine periods for personnel returning from those areas, further complicating logistical operations.Disruptions within the broader supply chain due to outbreaks can lead to shortages of essential goods, manufacturing delays, and disruptions in production and distribution networks. These ripple effects impact the volume and flow of air freight shipments, exacerbating challenges for forwarding companies. Staffing challenges arise as employees may fall ill, be subject to quarantine requirements, or express concerns about personal safety. These factors can lead to shortages in skilled labor, further hampering the efficiency of air freight operations.
 
Opportunity
- Efficiency through Technology
 - Customization and Value-added Services
 -  
Global Network Expansion- Expanding a global network in air freight forwarding necessitates a multifaceted strategic approach that carefully considers market dynamics, regulatory frameworks, infrastructure capabilities, and competitive landscapes. Firstly, thorough market analysis is essential to pinpoint regions with burgeoning demand for air freight services driven by economic growth, industrial expansion, and increasing trade activities. This insight guides decision-making regarding where to focus expansion efforts, ensuring alignment with market opportunities and potential profitability. Moreover, understanding regulatory requirements is paramount for seamless operations, avoiding compliance issues, and fostering positive relationships with local authorities. Adhering to customs procedures and legal frameworks not only mitigates risks but also fosters trust among clients and stakeholders.
Strategic partnerships and alliances with local logistics firms, airlines, and freight forwarders is crucial for leveraging established networks, expertise, and resources. Collaborative ventures enable access to local knowledge, infrastructure, and market insights, facilitating smoother entry into new territories and enhancing operational efficiency. Concurrently, investing in technological solutions like freight management software and tracking platforms streamlines processes, improves visibility, and enhances customer service. Furthermore, nurturing a customer-centric approach by tailoring services to meet diverse regional needs and providing personalized solutions fosters loyalty and sustains competitive advantage. Continual evaluation and adaptation based on performance metrics and customer feedback ensure ongoing optimization and responsiveness to evolving market dynamics, ultimately enabling air freight forwarding companies to thrive in the global arena. 
Airfreight Forwarding Market Competitive Landscape Analysis
Airfreight Forwarding Market is witnessing intensifying competition as logistics providers prioritize innovation, network expansion, and strategic collaboration with airlines, shippers, and e-commerce platforms. Nearly 63% of the market share is dominated by global forwarding leaders, while smaller firms focus on regional, cost-efficient, and specialized freight solutions. Strategic partnerships and merger activities are strengthening service networks and fueling sustainable growth.
Market Structure and Concentration
The market demonstrates moderate consolidation, with around 65% of volumes managed by top-tier freight forwarders. Larger firms pursue advanced strategies in integrated supply chains, digital booking, and express cargo, while smaller companies serve niche segments such as perishables and pharmaceuticals. Rising merger activity and cross-industry collaboration are intensifying concentration and supporting consistent growth.
Brand and Channel Strategies
Close to 56% of forwarding services are managed through direct contracts with global enterprises, while online freight platforms and regional agents handle the rest. Branding strategies emphasize speed, reliability, and cost optimization. Strong partnerships with airlines, digital collaboration platforms, and e-commerce providers are boosting visibility and driving steady growth worldwide.
Innovation Drivers and Technological Advancements
More than 52% of forwarders invest in R&D and digital innovation to enhance real-time tracking, predictive analytics, and AI-driven logistics management. Technological advancements in IoT, blockchain, and automation are reshaping efficiency and transparency in airfreight forwarding. Strategic collaboration with technology providers and logistics ecosystems is ensuring sustainable growth across trade networks.
Regional Momentum and Expansion
Asia Pacific accounts for nearly 47% of the airfreight forwarding market, supported by strong e-commerce growth and high export volumes. North America demonstrates steady growth with digital-driven strategies, while Europe shows expansion through integrated logistics hubs. Regional partnerships and localized service facilities are strengthening competitiveness in global supply chains.
Future Outlook
The airfreight forwarding industry is projected to maintain robust growth, with over 61% of stakeholders anticipating stronger consolidation. Rising merger initiatives, continuous service innovation, and broader collaboration with airlines and digital logistics platforms will define competitiveness. Long-term expansion into automated, sustainable, and AI-powered freight forwarding ensures a progressive future outlook for this market.
Key players in Airfreight Forwarding Market include :
- Kuehne + Nagel
 - DHL Global Forwarding / DHL Supply Chain & Global Forwarding
 - DSV (including DSV Panalpina)
 - DB Schenker
 - Sinotrans
 - Nippon Express
 - Expeditors International
 - UPS Supply Chain Solutions
 - CEVA Logistics
 - AWOT Global Logistics Group
 - KLN Logistics
 - Panalpina (as part of merged operations with DSV / DHL)
 - C.H. Robinson
 - FedEx Logistics
 - Agility Logistics
 
In this report, the profile of each market player provides following information:
- Market Share Analysis
 - Company Overview and Product Portfolio
 - Key Developments
 - Financial Overview
 - Strategies
 - Company SWOT Analysis
 
- Introduction 
- Research Objectives and Assumptions
 - Research Methodology
 - Abbreviations
 
 - Market Definition & Study Scope
 - Executive Summary 
- Market Snapshot, By Type
 - Market Snapshot, By Service Type
 - Market Snapshot, By End Use Industry
 - Market Snapshot, By Region
 
 - Airfreight Forwarding Market Dynamics 
- Drivers, Restraints and Opportunities 
- Drivers 
-  
The availability and quality of airport infrastructure
 -  
Volume of international trade directly impacts air freight forwarding activities
 -  
Customer demands for faster delivery times
 
 -  
 - Restraints 
-  
Weather conditions and natural disasters
 -  
Incorrect or incomplete documentation can result in customs clearance delays
 -  
Outbreaks of infectious diseases can disrupt air freight forwarding operations
 
 -  
 - Opportunities 
-  
Efficiency through Technology
 -  
Customization and Value-added Services
 -  
Global Network Expansion
 
 -  
 
 - Drivers 
 - PEST Analysis 
- Political Analysis
 - Economic Analysis
 - Social Analysis
 - Technological Analysis
 
 - Porter's Analysis 
- Bargaining Power of Suppliers
 - Bargaining Power of Buyers
 - Threat of Substitutes
 - Threat of New Entrants
 - Competitive Rivalry
 
 
 - Drivers, Restraints and Opportunities 
 - Market Segmentation 
- Airfreight Forwarding Market, By Type, 2021 - 2031 (USD Million) 
- Full Charter
 - Split Charter
 
 - Airfreight Forwarding Market, By Service Type, 2021 - 2031 (USD Million) 
- Packaging & Labelling
 - Documentation & PO Management
 - Charter Services
 - Transportation & Warehousing
 - Others
 
 - Airfreight Forwarding Market, By End Use Industry, 2021 - 2031 (USD Million) 
- Retail & FMCG
 - Manufacturing
 - Consumer Appliances
 - Healthcare
 - Others
 
 - Airfreight Forwarding Market, By Geography, 2021 - 2031 (USD Million) 
- North America 
- United States
 - Canada
 
 - Europe 
- Germany
 - United Kingdom
 - France
 - Italy
 - Spain
 - Nordic
 - Benelux
 - Rest of Europe
 
 - Asia Pacific 
- Japan
 - China
 - India
 - Australia & New Zealand
 - South Korea
 - ASEAN (Association of South East Asian Countries)
 - Rest of Asia Pacific
 
 - Middle East & Africa 
- GCC
 - Israel
 - South Africa
 - Rest of Middle East & Africa
 
 - Latin America 
- Brazil
 - Mexico
 - Argentina
 - Rest of Latin America
 
 
 - North America 
 
 - Airfreight Forwarding Market, By Type, 2021 - 2031 (USD Million) 
 - Competitive Landscape 
- Company Profiles 
- Kuehne + Nagel
 - DHL Global Forwarding / DHL Supply Chain & Global Forwarding
 - DSV (including DSV Panalpina)
 - DB Schenker
 - Sinotrans
 - Nippon Express
 - Expeditors International
 - UPS Supply Chain Solutions
 - CEVA Logistics
 - AWOT Global Logistics Group
 - KLN Logistics
 - Panalpina (as part of merged operations with DSV / DHL)
 - C.H. Robinson
 - FedEx Logistics
 - Agility Logistics
 
 
 - Company Profiles 
 - Analyst Views
 - Future Outlook of the Market
 

