Latest data shows expected growth at 3.7% CAGR over the 5 years to 2026.
The Global freight forwarding market grew by 11.2% in 2021, and is forecast to grow by 5.7% in 2022. 2022 growth will be driven by air freight, which is forecast to grow by 6.1% in real terms.
2022 growth rates slowing as global recovery weakens, rising inflation constrains demand and supply side dysfunction continues with ongoing port disruption and capacity constraints. 2026 forecasts are more pessimistic than previous forecasts, as inflation challenges intensify, the war in Ukraine threatens global energy supplies and consumer spending slows.
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