Global Airfreight Forwarding Market to Reach 68.8 Million Tons by 2032, Spurred by Increasing International Trade

April 16, 2021 | Aerospace and Defense

According to the latest report by IMARC Group, titled "Airfreight Forwarding Market Report by Type (Full Charter, Split Charter), Service Type (Packaging and Labelling, Documentation and PO Management, Charter Services, Transportation and Warehousing, and Others), End Use Industry (Retail and FMCG, Manufacturing, Consumer Appliances, Healthcare, and Others), and Region 2024-2032," the global airfreight forwarding market reached a volume of 49.7 Million Tons in 2023. Airfreight forwarding refers to the process of organizing shipments for individuals or corporations to transfer goods from one point to the final point of distribution by air. It acts as an intermediary between the manufacturer and transportation services that facilitates warehousing, tracking inland transportation, booking cargo space, freight consolidation and negotiating freight charges. It also assists in filing insurance claims, packaging and labeling goods, preparing shipping and export documents, and centralizing numerous control loading, customs and security procedures. Consequently, airfreight forwarding is widely utilized to simplify the communication between all the parties involved.

Global Airfreight Forwarding Market Trends:

The global market is primarily driven by the rapid increase in international trade agreements between various countries. This has impelled the demand for airfreight forwarding that is anticipated to simplify the supply chain process and, consequently, allow organizations to rather focus on their core business activities for improved profit generation. The market is further driven by significant growth in the e-commerce sector that has spurred the need for international e-commerce activities. The advent of various online freight booking platforms is also creating a positive outlook for the market as they offer numerous opportunities to the small and medium-sized enterprises (SMEs) organizations to help them gain prominence in the international market. This, coupled with the numerous customized solutions offered by multiple airfreight forwarding market players to meet the evolving transportation needs of e-commerce companies, is anticipated to provide a thrust to the market further. However, on account of the rapid outbreak of the coronavirus disease (COVID-19) pandemic, the stringent travel bans and other related restrictions imposed by governing agencies of multiple countries have hindered airfreight activities and logistics services on the global level. Nevertheless, the market is anticipated to regain its growth once these restrictions are relaxed or lifted. On account of the aforementioned factors, the market is expected to reach a volume of 68.8 Million Tons by 2032, registering a CAGR of 3.6% during 2024-2032.

Market Summary:

  • On the basis of the type, the market has been bifurcated into full and split charters.
  • Based on the service type, the market has been divided into packaging and labeling, documentation and PO management, charter services, transportation and warehousing, and others.
  • On the basis of the end use industry, the market has been classified into retail and FMCG, manufacturing, consumer appliances, healthcare and others, where in manufacturing for the majority of the total market share.
  • On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa. Among these, Asia Pacific holds the leading position in the market.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players Some of these players include Bolloré Logistics, CEVA Logistics AG (CMA CGM S.A.), Deutsche Post AG, DSV Panalpina A/S, Expeditors International, Hellmann Worldwide Logistics, Kuehne Nagel International AG, Nippon Express, Sinotrans Limited, and UPS Supply Chain Solutions.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units Million Tons
Segment Coverage Type, Service Type, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Bolloré Logistics, CEVA Logistics AG (CMA CGM S.A.), Deutsche Post AG, DSV Panalpina A/S, Expeditors International, Hellmann Worldwide Logistics, Kuehne Nagel International AG, Nippon Express, Sinotrans Limited and UPS Supply Chain Solutions
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:


USA: +1-631-791-1145
Follow us on twitter: @imarcglobal

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Airfreight Forwarding Market to Reach 68.8 Million Tons by 2032, Spurred by Increasing International Trade
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More