Freight Transport Market Outlook:
Freight Transport Market size was valued at USD 37.66 billion in 2025 and is likely to cross USD 93.33 billion by 2035, registering more than 9.5% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of freight transport is assessed at USD 40.88 billion.
The increasing international trade is likely to boost the freight transport market demand for freight transport which is essential to moving commodities from ports to their actual destinations. According to the World Trade Organization (WTO), following a 1.2% decline in 2023, the volume of global merchandise trade is projected to rise by 2.6% in 2024 and 3.3% in 2025.
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Frequently Asked Questions (FAQ)
In the year 2026, the industry size of freight transport is assessed at USD 40.88 billion.
The global freight transport market size was valued at over USD 37.66 billion in 2025 and is expected to register a CAGR of over 9.5%, exceeding USD 93.33 billion revenue by 2035.
North America freight transport market achieves a 60% share by 2035, driven by rising shipment of goods and extensive freight transportation network.
Key players in the market include CEVA Logistics, CJ Logistics Corporation, United Parcel Service of America Inc., Kuehne + Nagel International AG, Schneider National Inc., Oracle Inc., SAP SE, C.H. Robinson Worldwide Inc., Kerry Logistics Network Limited.
