What is the India Freight forwarding market size and growth rate?
According to 6Wresearch
internal database and industry insights, the
India Freight forwarding market is expected to register a CAGR of 4.7% during the forecast period.
The freight forwarding market is a key component of global trade, offering logistics services for the transportation of goods across regions and countries. This market is driven by the increasing demand for efficient international supply chain operations, expanding e-commerce activities, and the growing need for integrated logistics solutions across air, sea, and land transportation modes.
Growth Factors of the India Freight forwarding Market
- Globalization of trade
- Growth in e-commerce
- Advancements in digital freight platforms
- Expansion of manufacturing and industrial sectors
- Rising demand for intermodal transport solutions
- Increased investment in logistics infrastructure
- Focus on supply chain optimization
India Freight forwarding Market Trends
The market is experiencing a shift toward digital freight solutions, automation, and AI-based logistics tools that enhance visibility and operational efficiency. Sustainability and green logistics are also gaining momentum as companies aim to reduce carbon emissions in transportation networks.
Emerging Developments in India Freight forwarding Market
Companies are increasingly adopting blockchain for secure documentation and AI for predictive analytics. Collaborative logistics platforms are also on the rise, improving freight matching and route optimization. Additionally, strategic mergers and acquisitions are reshaping the competitive landscape.
Major Companies in the India Freight forwarding Industry
- DHL Global Forwarding
- Kuehne + Nagel
- DB Schenker
- DSV A/S
- Expeditors International
- Nippon Express
- C.H. Robinson
- UPS Supply Chain Solutions
Freight Forwarding Market Size in India: FAQs.
The freight forwarding market is expected to reach over USD 250 billion by 2031.
The market is projected to grow at a CAGR of approximately 4.7% during this period.
Key drivers include e-commerce growth, global trade expansion, and digital logistics adoption.
Asia-Pacific and North America are projected to lead due to infrastructure development and trade volume.
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