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Freight and logistics market seen topping $24 billion by 2030

8 hours ago
By AI, Created 16:00 UTC, Oct 08, 2026, AGP -

The Business Research Company forecasts the global freight and logistics market will grow 6% annually to more than $24 billion by 2030, with roadways accounting for 41% of the market. Asia Pacific is expected to be the largest regional market, while DHL International GmbH led the field in 2025 with a 1% share.

Why it matters: - Freight and logistics sit at the center of supply chains for manufacturing, retail, energy, and e-commerce. - The market’s projected growth signals continued demand for transport capacity, warehousing, freight forwarding, and delivery infrastructure. - Road transport’s expected lead shows where much of that demand still concentrates.

What happened: - The Business Research Company said the freight and logistics market is forecast to exceed $24 billion by 2030. - The market is projected to grow at a 6% compound annual growth rate through 2030. - Roadways are expected to be the largest transport mode, with a 41% share and about $10 billion in value by 2030. - Asia Pacific is projected to become the largest regional market by 2030 at $9 billion, up from $7 billion in 2025. - The United States is expected to be the largest country market in 2030 at $6 billion, up from $5 billion in 2025. - DHL International GmbH was the global market leader in 2025 with a 1% share.

The details: - The report places freight and logistics at roughly 1% of the broader general transport market, which is forecast to reach about $3,899 billion by 2030. - Within transport services, forecast at $12,477 billion in 2030, freight and logistics is expected to make up nearly 0.2% of total value. - The market includes airways, railways, roadways, and waterways. - The market is also segmented by function into freight forwarding, warehousing, value-added services, and other related activities. - End users include manufacturing, automotive, oil and gas, mining and quarrying, agriculture, fishing and forestry, construction, and distributive trade. - Roadways are supported by expanding road networks, demand for door-to-door delivery, fleet management technology, and investment in modern commercial vehicles. - Asia Pacific growth is being driven by manufacturing expansion, export activity, multimodal transport corridors, logistics infrastructure, cross-border trade integration, and digital freight management platforms. - U.S. growth is being supported by domestic freight volumes, road and rail networks, temperature-controlled logistics demand, infrastructure upgrades, and predictive analytics tools. - DHL’s portfolio includes international express delivery, freight forwarding, contract logistics, warehousing, and transportation management services. - The top 10 freight and logistics companies together accounted for only 2% of total market revenue in 2025, underscoring a fragmented market. - The report says the four transport segments could add more than $6.5 billion in market value between 2025 and 2030. - Roadways are projected to add $3 billion, waterways $2 billion, railways $1 billion, and airways $0.5 billion over that period. - Key growth drivers include e-commerce, artificial intelligence, IoT sensors, warehouse automation, GPS tracking, route optimization, and infrastructure investment. - Specialized logistics for new energy markets is emerging as a key trend. - In June 2026, DHL Group launched Time Definite Plus and invested in a European Battery Logistics Hub in the Netherlands.

Between the lines: - The fragmented competitive landscape suggests no single carrier has dominant pricing power across the market. - Growth is being pulled by both volume expansion and operational modernization, especially digital tools that improve visibility and efficiency. - The rise of battery and renewable-energy logistics points to how freight providers are adapting to industrial shifts beyond traditional goods movement.

What's next: - Companies are expected to keep investing in AI-enabled logistics platforms, autonomous warehouse automation, multimodal networks, smart distribution centers, and lower-emission freight solutions. - The strongest gains are likely to come from operators that combine physical network scale with data-driven routing, tracking, and fulfillment capabilities. - More information

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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