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Air Freight Forwarding Market Share

  • Report ID: GMI10408
  • Published Date: Jul 2024
  • Report Format: PDF

Air Freight Forwarding Market Share

FedEx and DHL Global Forwarding dominate the market with around 6% market share. FedEx Corporation is a prominent global player in transportation, e-commerce, and business services, offering a robust portfolio tailored to diverse customer requirements. The company operates through core business units including FedEx Express, FedEx Ground, and FedEx Freight, providing a comprehensive array of shipping solutions. FedEx Freight specializes in handling larger freight shipments, offering both less-than-truckload (LTL) and full-truckload (FTL) options for businesses dealing with palletized or bulky goods. By focusing on improve efficiency, reliability, and customer satisfaction, FedEx is continuously taking initiatives to meet growing demand in global air freight forwarding market.
 

DHL provides a diverse array of services, including express delivery through DHL Express, supply chain management, contract logistics, and e-commerce solutions. The company excels in time-definite international (TDI) services, ensuring swift and dependable deliveries across international borders.  Further, DHL is characterized by its strong brand identity, extensive infrastructure, and commitment to innovation and technological advancements in the logistics industry.
 

Air Freight Forwarding Market Companies

Major players operating in the air freight forwarding industry are:

  • C.H. Robinson
  • DB Schenker
  • DHL
  • DHL Express
  • DSV
  • Expeditors
  • FedEX
  • Kuehne + Nagel
  • Nippon Express
  • UPS
     
Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of air freight forwarding reached USD 30.2 billion in 2023 and is set to witness over 4.5% CAGR between 2024 and 2032, led by the rapid growth of the e-commerce industry

The freight transportation segment in the air freight forwarding industry accounted for over 45% share in 2023, owing to technological advancements.

Asia Pacific market held 35% share in 2023, driven by the presence of a solid manufacturing base.

C.H. Robinson, DB Schenker, DHL, DHL Express, DSV, Expeditors, FedEX, Kuehne + Nagel, Nippon Express, and UPS among others.

Air Freight Forwarding Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 360
  • Countries covered: 24
  • Pages: 240
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