Freight and Logistics Market to Reach USD 8.49 Trillion by 2031 Amid Steady Trade Flows, E-Commerce Demand, and Infrastructure Expansion

Freight and Logistics Market to Reach USD 8.49 Trillion by 2031 Amid Steady Trade Flows, E-Commerce Demand, and Infrastructure Expansion
Freight and Logistics Market Size & Trends | Mordor Intelligence
Mordor Intelligence has published a new report on the freight and logistics market, offering a comprehensive analysis of trends, growth drivers, and future projections.

Freight and Logistics Market Overview

According to Mordor Intelligence, the freight and logistics market is set to grow from USD 6.37 trillion in 2025 to USD 6.68 trillion in 2026 and is forecast to reach USD 8.49 trillion by 2031, registering a CAGR of 4.91% during the forecast period. This steady expansion reflects consistent global trade activity, rising cross-border commerce, and the increasing need for integrated transport and warehousing solutions across industries. The freight and logistics industry plays a central role in global supply chains.

Growth in the market is closely tied to e-commerce penetration, public infrastructure investment, and diversification of global manufacturing bases. As companies focus on reducing delivery times and improving service quality, the freight and logistics market share of integrated service providers is gradually increasing. From agricultural commodities and construction materials to retail goods and manufacturing components, the movement of products depends on coordinated freight transport, forwarding, warehousing, and courier services. The market size continues to expand as businesses seek faster deliveries, improved visibility, and cost-efficient distribution models.

Key Freight and Logistics Market Growth Drivers

E-Commerce Expansion Across Regions

One of the most visible freight and logistics market trends is the rise of online retail. Growing smartphone usage and digital payment systems in emerging economies have increased parcel volumes, especially in Asia-Pacific and Latin America. This shift is encouraging logistics providers to expand urban warehousing and cross-border courier services. Cross-border courier, express, and parcel activities are strengthening the freight and logistics market growth outlook. Retailers are demanding improved customs handling, faster transit, and real-time tracking. As a result, the freight and logistics industry is investing in automated sorting centers, route optimization tools, and data-driven shipment monitoring.

Rising Demand for Same-Day and Last-Mile Delivery

Consumer expectations around same-day delivery are influencing operational strategies within the freight and logistics market. Retailers are using local stores as distribution hubs to reduce last-mile distances. This approach supports improved service levels while controlling costs.

Last-mile specialization is increasing the freight and logistics market share of tech-enabled service providers. Delivery firms are adopting route planning software and digital fleet management systems to maintain efficiency in dense urban zones. These developments are shaping the freight and logistics market forecast over the coming years.

Infrastructure Modernization and Logistics Corridors

Government-led infrastructure upgrades and public-private partnerships are strengthening transport networks worldwide. Investments in ports, rail corridors, highways, and inland terminals are helping reduce congestion and improve cargo flow. Such infrastructure initiatives support freight and logistics market growth by lowering transit times and operational bottlenecks. Improved hinterland connectivity allows better integration between sea, rail, and road transport, expanding opportunities across the freight and logistics industry.

Near Shoring and Regional Manufacturing Shifts

Manufacturers are increasingly relocating production closer to demand centers. This trend is generating new regional freight lanes and increasing cross-border road and rail traffic. Near-shoring is particularly visible in North America, Europe, and parts of Asia Pacific. These supply chain adjustments are positively influencing the freight and logistics market size, as more regional transport, warehousing, and forwarding services are required. The freight and logistics market forecast reflects steady demand driven by such supply chain realignments.

Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/freight-logistics-market-study?utm_source=abnewswire

Freight and Logistics Market Segmentation

By End User Industry

The freight and logistics industry serves a wide range of sectors, including:

  • Agriculture, fishing, and forestry

  • Construction

  • Wholesale and retail trade

  • Manufacturing

  • Oil and gas

  • Other industrial sectors

By Logistics Function

  • Courier, express, and parcel

  • Freight forwarding

  • Freight transport

  • Warehousing and storage

  • Other value-added services

By Geography

  • North America

  • Asia-Pacific

  • Europe

  • South America

  • Middle East and Africa

Explore Our Full Library of Logistics Research Reports: https://www.mordorintelligence.com/market-analysis/logistics?utm_source=abnewswire

Key Players in the Freight and Logistics Market

  • DSV A/S (including DB Schenker)

  • DHL Group

  • United Parcel Service of America, Inc. (UPS)

  • Kuehne + Nagel

  • A.P. Moller – Maersk

Explore more insights on the freight and logistics competitive landscape: https://www.mordorintelligence.com/industry-reports/freight-logistics-market-study/companies?utm_source=abnewswire

Conclusion

The freight and logistics market remains a fundamental pillar of global commerce. With a forecast value of USD 8.49 trillion by 2031 and stable growth expectations, the market outlook reflects resilience despite supply chain challenges and capacity pressures. E-commerce demand, infrastructure investment, and regional manufacturing shifts continue to influence freight and logistics of market trends. While labor shortages and port congestion remain operational concerns, ongoing investments in facilities, network expansion, and service integration are supporting long-term freight and logistics of market growth.

Overall, the freight and logistics market forecast indicates sustained expansion across transport, forwarding, warehousing, and parcel services. As global trade patterns adapt, the freight and logistics industry will continue to play a critical role in connecting producers, businesses, and consumers worldwide.

For more insights on the freight and logistics market, please visit the Mordor Intelligence page: https://www.mordorintelligence.com/industry-reports/freight-logistics-market-study?utm_source=abnewswire

Industry Related Reports:

India Freight and Logistics Market

The India freight and logistics market is estimated at USD 383.77 billion in 2026 and is projected to reach USD 592.36 billion by 2031, growing at a CAGR of 9.07% during 2026–2031. Growth is driven by rapid e-commerce expansion, infrastructure development initiatives such as multimodal logistics parks and dedicated freight corridors, increasing manufacturing activities under government programs, and rising demand for efficient supply chain solutions across industries.

Get more insights: https://www.mordorintelligence.com/industry-reports/india-freight-logistics-market?utm_source=abnewswire

Air Freight Market Size

The Air Freight Market was valued at USD 160.17 billion in 2025 and is expected to grow from USD 169.53 billion in 2026 to USD 225.26 billion by 2031, at a CAGR of 5.85% during the forecast period (2026–2031). Market expansion is supported by the surge in cross-border e-commerce, increasing demand for time-sensitive shipments such as pharmaceuticals and perishables, and the continued globalization of trade requiring faster and more reliable transportation solutions.

Get more insights: https://www.mordorintelligence.com/industry-reports/global-air-freight-market?utm_source=abnewswire

Container Shipping Market Share

The Container Shipping Market is projected to grow from USD 119.65 billion in 2025 to USD 123.14 billion in 2026 and reach USD 142.07 billion by 2031, registering a CAGR of 2.92% during 2026–2031. Growth is fueled by steady international trade flows, port infrastructure modernization, digitalization in shipping operations, and increasing containerization of goods across emerging economies to enhance cost efficiency and global supply chain connectivity.

Get more insights: https://www.mordorintelligence.com/industry-reports/global-container-shipping-market?utm_source=abnewswire

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