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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 Recent Developments & Report Snapshot
Recent Developments :
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In April 2022, DHL Supply Chain forged a strategic alliance with ReverseLogix, a prominent cloud-based platform specializing in automating end-to-end reverse logistics for e-commerce brands. This collaboration emerged amidst DHL Supply Chain's burgeoning e-commerce sector, which experienced a remarkable 15% annual growth rate during the peak season of 2021. This surge coincided with a notable 78% increase in total national retail returns, surpassing USD 761 billion, as reported by the National Retail Federation.
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In August 2023, National Airlines, a division of the National Air Cargo Group, Inc., and Etihad Cargo, a dynamic Middle East-based freight carrier, formed an Interline Agreement to facilitate the successful implementation of the International Civil Aviation Regulations 23rd (ICAIR23) program for the U.S. Postal Service. This strategic collaboration marked a significant milestone, leveraging National Airlines' extensive experience in international freight transportation and Etihad Cargo's expansive global commercial network.
Segment Analysis
Airfreight forwarding encompasses a range of services vital for global logistics. Airlines play a central role in this industry, providing the means to transport goods swiftly across continents. They offer various cargo options, including express services for urgent shipments and standard freight for bulkier items. Mail services are another crucial component, facilitating the transportation of letters, parcels, and packages through established networks. These services ensure efficient delivery to both domestic and international destinations, supporting global commerce and communication.
Beyond airlines and mail, other players in airfreight forwarding include logistics companies, freight forwarders, and customs brokers. These entities manage the end-to-end process, from booking shipments to handling documentation and customs clearance. In terms of destination, airfreight forwarding serves both domestic and international markets. Domestic shipments cater to the needs of local industries and consumers, while international services facilitate trade and supply chain operations on a global scale.
Geographically, airfreight forwarding activities are distributed across regions such as North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. Each region presents unique opportunities and challenges, influenced by factors like infrastructure, regulations, and market demand. Overall, airfreight forwarding is a dynamic industry that plays a crucial role in the global economy, enabling the efficient movement of goods across borders and continents.
Global Airfreight Forwarding Segment Analysis
In this report, the Global Airfreight Forwarding Market has been segmented by Services, Destination and Geography.
Global Airfreight Forwarding Market, Segmentation by Services
The Global Airfreight Forwarding Market has been segmented by Services into Airlines, Mail and Others.
Airlines refer to companies specializing in transporting goods via air carriers, offering services such as booking cargo space, handling documentation, and ensuring timely delivery. Mail services involve the shipment of parcels, packages, and documents through air freight forwarding, often managed by postal or courier companies.
The others category encompasses a range of specialized services, including temperature-controlled transportation, hazardous material handling, and project cargo logistics. This segmentation reflects the diverse needs of businesses and industries relying on air freight forwarding for efficient and timely transportation of goods across the globe. As international trade continues to expand, these segments play vital roles in facilitating the movement of goods, supporting supply chains, and meeting customer demands for fast and reliable shipping solutions.
Global Airfreight Forwarding Market, Segmentation by Destination
The Global Airfreight Forwarding Market has been segmented by Destination into Domestic and International.
Domestic air freight forwarding involves the transportation of goods within a single country, catering to the needs of businesses and individuals requiring swift and efficient delivery. On the other hand, International air freight forwarding involves the movement of goods across borders, facilitating global trade and commerce.
This segment encompasses a wide range of services including customs clearance, documentation, and logistics management to ensure timely and secure delivery of goods to international destinations. Both sectors play crucial roles in meeting the diverse transportation needs of industries worldwide, contributing significantly to the efficiency and competitiveness of supply chains across various sectors such as manufacturing, retail, and e-commerce.
Global Airfreight Forwarding Market, Segmentation by Geography
In this report, the Global Airfreight Forwarding Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Airfreight Forwarding Market Share (%), by Geographical Region, 2024
In North America, the United States and Canada lead in air freight forwarding, boasting robust infrastructure and trade networks. Latin America sees Brazil and Argentina as key players, while the rest of the region presents opportunities for growth, albeit with logistical challenges. Europe's air freight forwarding is dominated by Germany, the United Kingdom, France, Italy, and Spain, with the rest of Europe contributing to the market's diversity and competitiveness.
Asia Pacific's air freight forwarding market is driven by Japan, China, India, Australia & New Zealand, South Korea, and the ASEAN nations, reflecting rapid economic growth and expanding trade corridors. The Middle East & Africa region, particularly the GCC countries, serves as a strategic hub for air cargo movement, supported by investments in logistics infrastructure. The rest of the Middle East & Africa presents varying levels of development, with untapped potential for air freight forwarding services amidst evolving trade dynamics and infrastructure investments.
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
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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
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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
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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
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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
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- 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