Freight Transport Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Freight Transport Market is segmented By Mode of Transport (Roadways, Railways, Airways, Waterways), By Service (Transportation, Warehousing, Value-added Services), By End-User Industry (Manufacturing, Retail, Healthcare, Automotive, Aerospace and Defense, Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD billion) for the above-mentioned.

Freight Transport Market is segmented By Mode of Transport (Roadways, Railways, Airways, Waterways), By Service (Transportation, Warehousing, Value-ad....

Freight Transport Market Size

Market Size in USD

CAGR11.31%

Study Period	2024 - 2031
Base Year of Estimation	2023
CAGR	11.31%
Market Concentration	High
Major Players	DHL Supply Chain & Global Forwarding, Kuehne + Nagel International AG, DB Schenker, UPS Supply Chain Solutions, FedEx Corporation

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

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Freight Transport Market Analysis

The freight transport market is estimated to be valued at USD 34.53 Bn in 2024 and is expected to reach USD 73.1 Bn by 2031, growing at a compound annual growth rate (CAGR) of 11.31% from 2024 to 2031. The market is expected to grow due to rise in trade volumes driven by growing demand from end-use industries like manufacturing, oil and gas, mining etc.

Freight Transport Market Report Snapshots

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