Air Freight Forwarding Market Size & Share, By Services (Freight Transportation, Warehousing & Distribution, Customs Brokerage, Freight Consolidation, Value-Added Services), Destination (Domestic, International), Customer, End User, Cargo - Growth Trends, Regional Insights (U.S., Japan, South Korea, UK, Germany), Competitive Positioning, Global Forecast Report 2025-2034

Market Outlook:

Air Freight Forwarding Market size is set to grow from USD 31.42 Billion in 2024 to USD 14.82 Billion by 2034, reflecting a CAGR of more than 4.7% between 2025 and 2034. In 2025, the industry is estimated to generate USD 32.69 billion in revenue.

• Base Year Value (2024): USD 31.42 Billion
• CAGR (2025-2034): 4.7%
• Forecast Year Value (2034): USD 14.82 Billion
• Historical Data Period: 2021-2024
• Largest Region: Asia Pacific
• Forecast Period: 2025-2034

Market Dynamics:

Growth Drivers & Opportunities

The Air Freight Forwarding Market is poised for significant growth driven by several key factors. One of the major drivers is the increasing demand for quicker delivery times, particularly in the e-commerce sector. As consumers continue to expect rapid shipping options, businesses are turning to air freight to meet these demands, thereby fueling market expansion. The globalization of trade also plays a crucial role in this growth, as companies seek to reach international markets more efficiently. This interconnected economy necessitates reliable logistics solutions, and air freight provides a swift alternative to ground and sea shipping.

Technological advancements further bolster the market, with innovations in tracking and logistics management enhancing operational efficiency. Modern technologies such as artificial intelligence, big data analytics, and the Internet of Things allow for better inventory management and route optimization. This rise in technological integration presents opportunities for freight forwarders to differentiate their services, improve customer satisfaction, and drive revenue growth.

Additionally, the increasing demand for temperature-sensitive cargo, such as pharmaceuticals and perishable goods, is creating new opportunities for specialized air freight solutions. The need for stringent regulations regarding these categories has led to the establishment of dedicated air freight services, which cater to compliance and ensure safety in transit. Moreover, the advent of new trade agreements and policies aimed at facilitating international commerce is expected to further boost the air freight industry.

Report Scope

Report Coverage	Details
Segments Covered	Services, Cargo, Customer, Destination, End User
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Bollore Logistics, C.H. Robinson, CEVA Logistics, DB Schenker, DHL, DSV, Expeditors International , FedEx, GEODIS, Hellmann Worldwide Logistics, Kerry Logistics, Kintetsu World Express, Kuehne + Nagel, Maersk Logistics, Nippon Express, Savino Del Bene, Sinotrans, Toll Group, UPS Supply Chain Solutions, Worldwide Logistics Group

Industry Restraints:

Despite its growth potential, the Air Freight Forwarding Market faces several challenges that could hinder its expansion. One of the primary restraints is the rising cost of fuel and operational expenses, which significantly impacts profitability. Fluctuations in fuel prices can create uncertainty for logistics providers, forcing them to adjust rates and impacting overall demand. Furthermore, the escalating costs associated with maintaining regulatory compliance add additional financial burdens to freight forwarders.

Another notable restraint is the capacity constraints often experienced in air freight. Airports frequently face limitations in terms of available slots and facilities, which can create bottlenecks and impede the timely movement of goods. This issue can exacerbate delays, making air freight less appealing compared to other modes of transportation for certain shipments.

The labor shortages within the logistics industry also represent a significant challenge. As the demand for air freight continues to surge, the inability to source enough trained personnel directly affects operational capacity and service levels. Finally, environmental concerns surrounding carbon emissions from air travel are leading to increased scrutiny and may result in stricter regulations that could further constrain the industry’s growth trajectory.

Regional Forecast:

North America

The North American air freight forwarding market is primarily driven by the United States, which boasts the largest logistics network in the region. The robust economy, coupled with high consumer demand for quick delivery services, supports a booming air freight market. Canada, while smaller in comparison, is also experiencing growth due to its strategic geographic location and trade agreements with the U.S. and Mexico. The integration of e-commerce and increased cross-border trade are key factors contributing to expansion in this region. Innovations in technology and automation within logistics are further enhancing efficiency, positioning North America as a critical player in the global air freight landscape.

Asia Pacific

Asia Pacific stands out as a rapidly evolving air freight forwarding market, with countries like China, Japan, and South Korea leading the charge. China, with its massive manufacturing base and export-oriented economy, is expected to exhibit significant growth as e-commerce expands and demand for faster shipping solutions increases. Japan and South Korea also contribute to the market's dynamics through their advanced technological frameworks and strong logistics infrastructures. Notably, Japan's focus on precision and reliability in logistics ensures it remains a strong contender within the region. The increasing investment in digital supply chain technologies is further catalyzing growth, making Asia Pacific a critical hub for air freight forwarding.

Europe

Europe's air freight forwarding market is characterized by the diversity of its leading economies, with countries such as Germany, the UK, and France at the forefront. Germany is recognized for its comprehensive logistics network and significant exports, making it the largest market in the region. The UK's market is bolstered by both e-commerce expansion and its pivotal role in international trade, despite challenges stemming from regulations and political uncertainties. France, with its strategic location and well-developed infrastructure, is also witnessing growth in air freight as its economy continues to integrate with global supply chains. The emphasis on sustainability and green logistics practices in Europe is shaping the future of the market, driving innovations and efficiencies in air freight services.

Segmentation Analysis:

In terms of segmentation, the global Air Freight Forwarding market is analyzed on the basis of Services, Cargo, Customer, Destination, End User.

Services

The services segment of the air freight forwarding market encompasses a range of offerings designed to facilitate the movement of goods. Key services include air freight transportation, customs clearance, and warehousing. Among these, air freight transportation stands out as the dominant service, driven by the demand for expedited shipping solutions. Additionally, value-added services such as packaging and insurance are gaining traction, particularly for businesses that require specialized handling of fragile or high-value cargo. As competition intensifies, companies that provide integrated logistics solutions combining multiple services are expected to experience significant growth.

Cargo

In the cargo segment, there are several categories, including perishables, pharmaceuticals, machinery, and textiles. Perishables, including fruits and vegetables, are projected to be a significant driver of market growth due to the rising demand for fresh food products and the need for quick transport to maintain quality. Pharmaceuticals, on the other hand, are increasingly relying on air freight for timely delivery, especially given the rise in e-commerce and global health crises. The machinery sector also demonstrates robust growth, particularly in regions experiencing industrial expansion. Each of these sub-segments highlights the versatility and adaptability required in air freight forwarding services.

Customer

The customer segment is crucial in understanding the demographic spectrum of air freight forwarding. This can be categorized into small and medium-sized enterprises (SMEs) and large corporations. SMEs are increasingly leveraging air freight services as e-commerce expands, enabling them to compete in global markets. In contrast, large corporations typically engage air freight forwarding for strategic supply chain management, benefitting from established relationships with logistics providers. The segment is characterized by distinct needs; while SMEs often seek cost-effective solutions, large corporations focus on reliability and speed. As the global market continues to evolve, the needs correspondingly shift, impacting service offerings and operational strategies.

Destination

The destination segment reflects the geographical dynamics of the air freight forwarding market, with major hubs including North America, Europe, and Asia-Pacific. Within these regions, emerging markets in Asia-Pacific are expected to exhibit the fastest growth due to increasing trade activities and infrastructural developments. Countries like China and India are investing heavily in logistics capabilities, thereby expanding their air freight services. Conversely, the North American market remains strong due to established logistics networks, though it faces stiff competition from burgeoning markets in developing regions. The shift in trade routes and destination preferences highlights the importance of flexibility in service offerings within this segment.

End User

The end user segment of the air freight forwarding market includes industries such as retail, automotive, electronics, and healthcare. The retail sector is experiencing rapid growth as e-commerce penetration increases, leading to heightened demand for fast and reliable delivery options. The automotive industry also plays a pivotal role, necessitating efficient logistics for just-in-time manufacturing processes. The electronics sector, characterized by high-value products, prioritizes secure and quick transport solutions, while the healthcare sector demands compliant and temperature-controlled shipments for pharmaceuticals and medical devices. Each of these industries presents unique logistics challenges and opportunities, positioning them as key contributors to market dynamics.

Competitive Landscape:

The air freight forwarding market is characterized by a highly competitive landscape, driven by globalization and increasing demand for faster logistics solutions. Major players in the industry are continuously enhancing their service offerings, technology integration, and operational efficiency to maintain market share. Key trends influencing competition include the rise of e-commerce, which requires quick and reliable shipping options, and advancements in logistics technology, enabling better shipment tracking and management. Additionally, partnerships and collaborations among companies and with airlines are becoming more common to expand service capabilities and geographical reach. The market also sees significant competition from freight-forwarding startups leveraging innovative solutions to disrupt traditional practices.

Top Market Players

DHL Supply Chain

Kuehne + Nagel

DB Schenker

Expeditors International

XPO Logistics

SINOTRANS Limited

Panalpina

CEVA Logistics

C.H. Robinson

Nippon Express