Poor performance for freight forwarding, as trade volumes, export orders and economic growth remain weak. New Ti market size and forecast data projects that:
In 2023, the sea freight forwarding market will shrink 5.3%. Air freight forwarding will shrink 4.5%.
In 2024, the global freight forwarding market will grow just 0.3%.
Meagre growth is also forecast for sea and air freight forwarding in 2024.
Out to 2027, the global freight forwarding market will grow 1.5%.
New Ti whitepaper contains a breakdown of our brand new 2023, 2024 and 2027 freight forwarding market size and forecast data, along with contextual analysis.
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