Freight And Logistics Market
By Service;
Inventory Management, Packaging, Warehousing, Transportation, Distribution, Customs Clearance and OthersBy Logistic Function;
Courier Express & Parcel (CEP), Freight Forwarding, Freight Transport and StorageBy End-User Industry;
Agriculture, Fishing, Forestry, Construction, Manufacturing, Oil & Gas, Mining & Quarrying, Wholesale & Retail Trade and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Freight and Logistics Market Overview
Freight and Logistics Market (USD Million)
Freight and Logistics Market was valued at USD 17,322.95 million in the year 2024. The size of this market is expected to increase to USD 25,107.51 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.
Freight And Logistics Market
*Market size in USD million
CAGR 5.4 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 5.4 % |
Market Size (2024) | USD 17,322.95 Million |
Market Size (2031) | USD 25,107.51 Million |
Market Concentration | Medium |
Report Pages | 320 |
Major Players
- A.P. Moller - Maersk
- Allcargo Logistics Ltd.
- Americold
- Aramex
- Bollore logistics
- C.H Robinson
- CJ Logistics
- CMA CGM Group
- CTS Logistics Group
- Culina Group
- Dachser
- DB Schenker
- DHL Group
- DP World
- DSV A/S (De Sammensluttede Vognmænd af Air and Sea)
- Expeditors International of Washington, Inc.
- FedEx
- GEODIS
- GXO Logistics
- Hellmann Worldwide Logistics
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Freight And Logistics Market
Fragmented - Highly competitive market without dominant players
The freight and logistics sector is experiencing rapid evolution, powered by booming e-commerce, real-time delivery expectations, and digital transformation. With over 55% of logistics operators adopting smart technology, the market is witnessing improved tracking, transparency, and delivery efficiencies.
Technology-Driven Operational Efficiency
Modern logistics is increasingly shaped by AI, blockchain, and IoT adoption, which now impacts around 48% of businesses in this space. These technologies enable better cargo monitoring, automated scheduling, and predictive maintenance. As digital solutions gain traction, logistics firms are optimizing resources while ensuring faster and more accurate supply chain operations.
Green Logistics and Sustainable Goals
Environmental sustainability is now a central theme, with more than 42% of providers integrating low-emission practices and fuel-efficient fleets. Efforts to reduce environmental impact are enhancing operational efficiency and brand value. Companies are actively aligning logistics strategies with sustainability benchmarks to remain competitive and compliant.
Strategic Growth and Market Consolidation
The market is becoming more integrated, with over 38% of firms pursuing strategic alignments to scale capabilities. Mergers, partnerships, and tech adoption are enabling firms to gain access to new routes and streamlined operations. This wave of consolidation is creating a more flexible, innovative logistics environment primed for long-term growth.
Freight and Logistics Market Recent Developments
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In April 2025, DSV secured approval from the European Commission for its 14.3 billion (15.8 billion) acquisition of Schenker. The merger, set to create the world’s largest logistics operator, is expected to compete fiercely with industry giants like DHL and Kuehne + Nagel. Authorities confirmed the deal poses no antitrust risk, citing a highly fragmented market landscape.
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In June 2025, India’s CCI cleared Delhivery’s 1,407 crore takeover of Ecom Express, granting it a commanding share in the e‑commerce logistics segment. The move is expected to deepen Delhivery’s operational reach and enhance delivery efficiency across the country, supported by strong investor confidence reflected in share price gains.
Freight and Logistics Market Segment Analysis
In this report, the Freight and Logistics Market has been segmented by Service, Logistic Function, End-User Industry, and Geography.
Freight and Logistics Market, Segmentation by Service
The Freight and Logistics Market has been segmented by Service into Inventory Management, Packaging, Warehousing, Transportation, Distribution, Customs Clearance, and Other.
Inventory Management
Inventory management helps businesses maintain optimal stock levels while reducing storage costs. Efficient inventory systems can lead to a 20% improvement in overall logistics performance by minimizing excess stock and reducing delivery delays.
Packaging
Packaging services protect goods during storage and transit, ensuring product integrity and customer satisfaction. Advanced packaging techniques, including eco-friendly materials, help reduce product damage by 15–18%, lowering return rates.
Warehousing
Warehousing is a key component of logistics, offering secure storage and efficient handling of goods. Modern warehouse automation contributes to a 25% boost in operational efficiency, helping businesses scale and meet market demands.
Transportation
Transportation is central to logistics, enabling goods movement across regions. Innovations like route optimization and multimodal transport have helped reduce delivery times by 30%, significantly enhancing service speed and reliability.
Distribution
Distribution ensures timely delivery from warehouses to customers. Effective distribution strategies, including last-mile delivery solutions, can enhance delivery precision by over 22%, improving customer experience and loyalty.
Customs Clearance
Customs clearance services streamline cross-border shipments, ensuring legal compliance and faster transit. With digital documentation and automation, clearance times have decreased by up to 40%, making international logistics more efficient.
Other
Other services such as reverse logistics and freight auditing further support seamless supply chain operations. When well-managed, these services contribute up to 10% in cost savings, enhancing overall logistics profitability and sustainability.
Freight and Logistics Market, Segmentation by Logistic Function
The Freight and Logistics Market has been segmented by Logistic Function into Courier Express & Parcel (CEP), Freight Forwarding, Freight Transport, and Storage
Courier Express & Parcel (CEP)
The Courier, Express, and Parcel (CEP) segment is critical for fast, reliable delivery of packages, especially in the booming e-commerce sector. With growing demand for rapid delivery services, this segment is witnessing an annual growth rate of over 18%, driven by consumer expectations for same-day and next-day shipping.
Freight Forwarding
Freight forwarding services play a key role in managing international shipments by coordinating with multiple carriers and optimizing transit routes. Businesses using freight forwarding benefit from 12–15% reductions in transportation costs, thanks to smarter routing and shipment consolidation.
Freight Transport
Freight transport handles the physical movement of goods across roadways, railways, airways, and sea routes. It represents the largest cost center in logistics, with road transport alone accounting for approximately 45% of global freight volumes, emphasizing its strategic importance.
Storage
The storage function supports inventory management, order processing, and product consolidation. As supply chains adopt just-in-time practices, efficient storage solutions can enhance fulfillment accuracy by 25%, ensuring timely and cost-effective delivery operations.
Freight and Logistics Market, Segmentation by End-User Industry
The Freight and Logistics Market has been segmented by End-User Industry into Agriculture, Fishing, Forestry, Construction, Manufacturing, Oil & Gas, Mining & Quarrying, Wholesale & Retail Trade, and Others
Agriculture, Fishing, and Forestry
The agriculture, fishing, and forestry industries require reliable logistics for handling perishable and time-sensitive goods. Efficient logistics systems in this sector help reduce post-harvest losses by up to 30%, thanks to cold chain solutions and streamlined rural distribution.
Construction
Construction projects rely on logistics to ensure the uninterrupted supply of materials and equipment. Advanced logistics coordination can reduce project delays and idle time, improving productivity by nearly 25% on average.
Manufacturing
In manufacturing, logistics plays a pivotal role in sourcing raw materials and distributing finished products. Integrated supply chain systems have helped manufacturers improve operational output by up to 28%, driving faster production cycles.
Oil & Gas
Oil and gas logistics involve the transportation of critical components, often over long distances or to offshore sites. With optimized logistics planning, companies have reduced project delays and safety incidents by 15–20%.
Mining & Quarrying
Mining operations depend on logistics for moving bulky equipment and extracted materials. Efficient freight handling reduces costs by 10–12%, especially when dealing with remote or rugged terrain.
Wholesale & Retail Trade
Retailers and wholesalers demand agile logistics to ensure consistent product availability. With the expansion of e-commerce and omnichannel strategies, optimized logistics can improve inventory turnover by up to 35% and enhance customer experience.
Others
Industries such as healthcare, education, and public institutions also require tailored logistics. Timely delivery and regulatory compliance are key, with logistics improvements driving an 18% increase in service reliability and cost-effectiveness.
Freight and Logistics Market, Segmentation by Geography
In this report, the Freight and Logistics 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
Freight and Logistics Market Share (%), by Geographical Region
North America
North America continues to dominate the logistics space with its robust infrastructure, automation, and high online retail activity. The region contributes approximately 25% to the logistics market, supported by advanced cold chain logistics and last-mile delivery innovations in the U.S. and Canada.
Europe
Europe’s logistics industry is powered by strong cross-border trade and a commitment to sustainable transport. Contributing nearly 20% to the global market, the region is focusing on low-emission logistics, multimodal transport, and digitization for enhanced efficiency.
Asia Pacific
The Asia Pacific region leads in logistics growth, accounting for over 35% of global demand. Major economies like China, India, and Southeast Asia drive this expansion, fueled by manufacturing, e-commerce growth, and digital supply chain transformations.
Middle East and Africa (MEA)
The MEA region is becoming a logistics hub due to strategic trade positioning and rising infrastructure investments. With logistics growth rates of 7–9% CAGR, countries like the UAE and South Africa are enhancing trade corridors and digital freight platforms.
Latin America
Latin America’s logistics market is gaining momentum, especially in cross-border trade and e-commerce delivery. Representing around 7–10% of the global share, countries such as Brazil, Chile, and Mexico are upgrading transport infrastructure and embracing digital logistics solutions.
Freight and Logistics Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Freight and Logistics Market. These factors include; Market Drivers, Restraints, and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Explosive e-commerce fueling delivery volumes
- Globalized trade expanding shipment lanes
- Digitalization and AI optimizing logistics
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Infrastructure upgrades accelerating freight efficiency - Massive public and private investment in modern roads, rail links, and deep-water ports is shaving hours—sometimes days—off transit schedules. Faster turnarounds and smoother intermodal transfers are driving lower shipping costs and tighter delivery windows.
New highways and digitized customs checkpoints now weave once-isolated rural zones into primary trade lanes, giving carriers fresh capacity and manufacturers broader sourcing options.
Automated cranes, smart traffic lights, and electronic tolling further reduce congestion and fuel burn, letting fleets boost asset utilization without adding trucks.
As more nations treat logistics as an economic catalyst, these infrastructure upgrades will keep propelling speed, scalability, and network resilience across freight flows.
Restraints:
- Volatile fuel prices squeezing margins
- Strict environmental regulations raising costs
- Port congestion causing capacity bottlenecks
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Persistent shortage of skilled logistics labor - The industry’s biggest pinch point is a shrinking pool of qualified drivers, warehouse technicians, and freight coordinators. Retirements outpace recruitment, and younger workers often balk at long hours and physically demanding roles.
This talent gap forces carriers to run fewer routes, extends pickup lead times, and pushes labor costs sharply higher, eroding already-thin margins.
Automation helps, but advanced facilities still need staff who can manage robotics, analytics dashboards, and rigorous safety protocols. Finding and training that hybrid skill set remains difficult.
Unless the sector ramps up apprenticeships, better scheduling, and technology-centric career paths, workforce scarcity will continue to bottleneck growth and service reliability.
Opportunities:
- Green logistics and carbon-neutral solutions
- Autonomous vehicles reinventing last-mile delivery
- Blockchain boosting supply-chain transparency
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Emerging trade corridors in developing regions - Foreign investment and new free-trade pacts are lighting up fresh freight corridors across Southeast Asia, Africa, and Latin America. Rail spurs, inland ports, and bonded warehouses are springing up where none existed a decade ago.
These routes shorten distance to market, bypass congested legacy hubs, and open doors to previously untapped consumer and manufacturing bases.
Logistics firms that secure early footholds—partnering with local carriers and customizing cross-border services—can lock in first-mover pricing power and brand loyalty.
As supply chains diversify away from single-source regions, the ability to navigate and scale within these high-growth trade arteries promises sizable, long-term revenue streams.
Freight and Logistics Market Competitive Landscape Analysis
Key players in Freight and Logistics Market include:
- A.P. Moller - Maersk
- Allcargo Logistics Ltd.
- Americold
- Aramex
- Bollore logistics
- C.H Robinson
- CJ Logistics
- CMA CGM Group
- CTS Logistics Group
- Culina Group
- Dachser
- DB Schenker
- DHL Group
- DP World
- DSV A/S (De Sammensluttede Vognmænd af Air and Sea)
- Expeditors International of Washington, Inc.
- FedEx
- GEODIS
- GXO Logistics
- Hellmann Worldwide Logistics
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- 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 Service
- Market Snapshot, By Logistic Function
- Market Snapshot, By End-User Industry
- Market Snapshot, By Region
- Freight and Logistics Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Explosive e-commerce fueling delivery volumes
-
Globalized trade expanding shipment lanes
-
Digitalization and AI optimizing logistics
-
Infrastructure upgrades accelerating freight efficiency
-
- Restraints
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Volatile fuel prices squeezing margins
-
Strict environmental regulations raising costs
-
Port congestion causing capacity bottlenecks
-
Persistent shortage of skilled logistics labor
-
- Opportunities
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Green logistics and carbon-neutral solutions
-
Autonomous vehicles reinventing last-mile delivery
-
Blockchain boosting supply-chain transparency
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Emerging trade corridors in developing regions
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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
- Freight and Logistics Market, By Service, 2021 - 2031 (USD Million)
- Inventory Management
- Packaging
- Warehousing
- Transportation
- Distribution
- Customs Clearance
- Others
- Freight and Logistics Market, By Logistic Function, 2021 - 2031 (USD Million)
- Courier Express & Parcel (CEP)
- Freight Forwarding
- Freight Transport
- Storage
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Freight and Logistics Market, By End-User Industry, 2021 - 2031 (USD Million)
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Agriculture
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Fishing
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Forestry
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Construction
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Manufacturing
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Oil & Gas
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Mining & Quarrying
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Wholesale & Retail Trade
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Others
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- Freight and Logistics 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
- Freight and Logistics Market, By Service, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- A.P. Moller - Maersk
- Allcargo Logistics Ltd.
- Americold
- Aramex
- Bollore logistics
- C.H Robinson
- CJ Logistics
- CMA CGM Group
- CTS Logistics Group
- Culina Group
- Dachser
- DB Schenker
- DHL Group
- DP World
- DSV A/S (De Sammensluttede Vognmænd af Air and Sea)
- Expeditors International of Washington, Inc.
- FedEx
- GEODIS
- GXO Logistics
- Hellmann Worldwide Logistics
- Company Profiles
- Analyst Views
- Future Outlook of the Market