Freight and Logistics Market: By Function, By End User, Other End Users ) and Geography

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Freight and Logistics Market Size, Share, Growth, Trends, and Global Industry Analysis: By Function (Freight Transport, Freight Forwarding, Warehousing, Value-added Services, Other Functions), By End User (Manufacturing and Automotive, Oil and Gas, Mining, and Quarrying, Agriculture, Fishing, and Forestry, Construction, Distributive Trade (Wholesale and Retail Segments - FMCG included), Other End Users (Telecommunications and Pharmaceuticals)) and Region

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The freight and logistics market size is valued at US$ 13.4 billion in 2023 and is poised to grow at a CAGR of 4.3% from 2024 to 2030. The global market provides a detailed overview of the market, which has been segmented by function, end-user, and distribution trade. By function, the market has been segmented into Freight Transport, Freight Forwarding, Warehousing, Value-added Services, and Other Functions.

The Warehousing segment is likely the most significant and fastest-growing segment in terms of function. By end user, the market has been segmented into Manufacturing and Automotive, Oil and Gas, Mining, Quarrying, Agriculture, Fishing, and Forestry, Construction. The manufacturing and Automotive segment will hold a significant revenue share in 2021. By Distribution Trade, the market has been segmented into Wholesale and Retail Segments – FMCG included. Wholesale accounted considerable revenue share over the forecast period.

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Freight And Logistics Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.3%

Largest Market

North America

Fastest Growing Market

Asia-Pacific

Freight and Logistics Market Dynamics

Growing trade operations in developing nations, increased trade-related agreements, and global logistics infrastructure, coupled with technology improvements in the logistics industry for fast delivery and supply chain, are driving the international freight and logistics industry.

Freight And Logistics Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 13.4 billion

Market CAGR

4.3%

By Function Type

  • Freight Transport,
  • Freight Forwarding,
  • Warehousing,
  • Value-added Services,
  • Other Functions

By End User

  • Manufacturing and Automotive
  • Oil and Gas, Mining, and Quarrying
  • Agriculture, Fishing, and Forestry
  • Construction
  • Distributive Trade (Wholesale and Retail Segments FMCG included)
  • Other End Users (Telecommunications and Pharmaceuticals)

By Region

  • North America,
  • Europe,
  • Asia Pacific,
  • Latin America, and
  • Middle East and Africa

Key Features of the Report

  • The freight and logistics market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The global freight and logistics market size was valued at US$ 13.4 billion in 2023 and is projected to grow at a CAGR of 4.3% from 2024 to 2030.

The freight and logistics market are Dsv Global Transports and Logistics (Denmark), Deutsche Post DHL (Germany), Kuehne+ Nagel (Switzerland), The Maersk Group (Germany), DB Schenker Logistics (Germany), Panalpina (Switzerland), Walmart Group (US), United Parcel Service (UPS), FedEx Corp. (US), C.H. Robinson (US), Nippon Express (Japan).

Asia Pacific is the fastest-growing region for freight and logistic market

1. Executive Summary
2. Global Freight and Logistics Market Introduction
2.1. Global Freight and Logistics Market - Taxonomy
2.2. Global Freight and Logistics Market -Definitions
2.2.1. Function
2.2.2. End User
3. Global Freight and Logistics Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Freight and Logistics Market Dynamic Factors - Impact Analysis
3.6. Global Freight and Logistics Market - Competition Landscape
4. Global Freight and Logistics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Freight and Logistics Market, By Function, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1. Freight Transport
5.1.1. Road
5.1.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.1.3. Market Opportunity Analysis
5.1.2. Inland Water
5.1.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.2.3. Market Opportunity Analysis
5.1.3. Air
5.1.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3.3. Market Opportunity Analysis
5.1.4. Rail
5.1.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.4.3. Market Opportunity Analysis
5.2. Freight Forwarding
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Warehousing
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Value-added Services
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Other Functions
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global Freight and Logistics Market, By End User, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1. Manufacturing and Automotive
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Oil and Gas, Mining, and Quarrying
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Agriculture, Fishing, and Forestry
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Construction
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Distributive Trade (Wholesale and Retail Segments - FMCG included)
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Other End Users (Telecommunications and Pharmaceuticals)
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
7. Global Freight and Logistics Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Freight and Logistics Market - Opportunity Analysis Index, By Function, End User and Region, 2024 - 2030
8. North America Freight and Logistics MarketAnalysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1. By Function Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
8.1.1. Freight Transport
8.1.1.1. Road
8.1.1.2. Inland Water
8.1.1.3. Air
8.1.1.4. Rail
8.1.2. Freight Forwarding
8.1.3. Warehousing
8.1.4. Value-added Services
8.1.5. Other Functions
8.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.2.1. Manufacturing and Automotive
8.2.2. Oil and Gas, Mining, and Quarrying
8.2.3. Agriculture, Fishing, and Forestry
8.2.4. Construction
8.2.5. Distributive Trade (Wholesale and Retail Segments - FMCG included)
8.2.6. Other End Users (Telecommunications and Pharmaceuticals)
8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Freight and Logistics Market - Opportunity Analysis Index, By  Function, End User, and Country, 2024 - 2030
8.5. North America Freight and Logistics Market Dynamics - Trends
9. Europe Freight and Logistics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.1. By Function Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
9.1.1. Freight Transport
9.1.1.1. Road
9.1.1.2. Inland Water
9.1.1.3. Air
9.1.1.4. Rail
9.1.2. Freight Forwarding
9.1.3. Warehousing
9.1.4. Value-added Services
9.1.5. Other Functions
9.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Manufacturing and Automotive
9.2.2. Oil and Gas, Mining, and Quarrying
9.2.3. Agriculture, Fishing, and Forestry
9.2.4. Construction
9.2.5. Distributive Trade (Wholesale and Retail Segments - FMCG included)
9.2.6. Other End Users (Telecommunications and Pharmaceuticals)
9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Poland
9.3.8. Rest of Europe
9.4. Europe Freight and Logistics Market - Opportunity Analysis Index, By  Function, End User, and Country, 2024 - 2030
9.5. Europe Freight and Logistics Market Dynamics - Trends
10. Asia-Pacific Freight and Logistics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
10.1. By Function Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
10.1.1. Freight Transport
10.1.1.1. Road
10.1.1.2. Inland Water
10.1.1.3. Air
10.1.1.4. Rail
10.1.2. Freight Forwarding
10.1.3. Warehousing
10.1.4. Value-added Services
10.1.5. Other Functions
10.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Manufacturing and Automotive
10.2.2. Oil and Gas, Mining, and Quarrying
10.2.3. Agriculture, Fishing, and Forestry
10.2.4. Construction
10.2.5. Distributive Trade (Wholesale and Retail Segments - FMCG included)
10.2.6. Other End Users (Telecommunications and Pharmaceuticals)
10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Freight and Logistics Market - Opportunity Analysis Index, By  Function, End User, and Country, 2024 - 2030
10.5. Asia-Pacific Freight and Logistics Market Dynamics - Trends
11. Latin America Freight and Logistics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
11.1. By Function Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
11.1.1. Freight Transport
11.1.1.1. Road
11.1.1.2. Inland Water
11.1.1.3. Air
11.1.1.4. Rail
11.1.2. Freight Forwarding
11.1.3. Warehousing
11.1.4. Value-added Services
11.1.5. Other Functions
11.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Manufacturing and Automotive
11.2.2. Oil and Gas, Mining, and Quarrying
11.2.3. Agriculture, Fishing, and Forestry
11.2.4. Construction
11.2.5. Distributive Trade (Wholesale and Retail Segments - FMCG included)
11.2.6. Other End Users (Telecommunications and Pharmaceuticals)
11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Freight and Logistics Market - Opportunity Analysis Index, By  Function, End User, and Country, 2024 - 2030
11.5. Latin America Freight and Logistics Market Dynamics - Trends
12. Middle East and Africa Freight and Logistics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
12.1. By Function Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
12.1.1. Freight Transport
12.1.1.1. Road
12.1.1.2. Inland Water
12.1.1.3. Air
12.1.1.4. Rail
12.1.2. Freight Forwarding
12.1.3. Warehousing
12.1.4. Value-added Services
12.1.5. Other Functions
12.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Manufacturing and Automotive
12.2.2. Oil and Gas, Mining, and Quarrying
12.2.3. Agriculture, Fishing, and Forestry
12.2.4. Construction
12.2.5. Distributive Trade (Wholesale and Retail Segments - FMCG included)
12.2.6. Other End Users (Telecommunications and Pharmaceuticals)
12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Freight and Logistics Market - Opportunity Analysis Index, By  Function, End User, and Country, 2024 - 2030
12.5. MEA Freight and Logistics Market Dynamics - Trends
13. Competition Landscape 
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Technology & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. C.H. Robinson
13.2.2. Ceva Logistics
13.2.3. DHL
13.2.4. Expeditors
13.2.5. FedEx
13.2.6. Geodis
13.2.7. J.B. Hunt Transport Services
13.2.8. Kuehne + Nagel
13.2.9. Lineage Logistics
13.2.10. Penske Logistics
13.2.11. Ryder Supply Chain Solutions
13.2.12. UPS
13.2.13. XPO Logistics
13.2.14. Toll Holdings Limited
14. Research Methodology
15. Key Assumptions and Acronyms

Key Market Players

  • C.H. Robinson
  • Ceva Logistics
  • DHL
  • Expeditors
  • FedEx
  • Geodis
  • J.B. Hunt Transport Services
  • Kuehne + Nagel
  • Lineage Logistics
  • Penske Logistics
  • Ryder Supply Chain Solutions
  • UPS
  • XPO Logistics
  • Toll Holdings Limited

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