India Freight Forwarding Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Growth Rate: 6.40% (2025-2033)

The sector is growing steadily. This is due to increasing trade activities and strong infrastructure development. Increasing demand for efficient logistics solutions further supports its upward trajectory. According to the latest report by IMARC Group, the India freight forwarding market size reached USD 11.84 billion in 2024. Looking forward, IMARC Group expects the market to reach USD 20.69 billion by 2033, exhibiting a growth rate (CAGR) of 6.40% during 2025-2033.

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India Freight Forwarding Industry Trends and Drivers:

The India freight forwarding market is growing fast. This growth comes from rising trade volumes and e-commerce expansion. Government initiatives, such as the Make in India campaign, also help boost the market. India is becoming a global manufacturing hub. The need for efficient logistics solutions is increasing. This is especially true for cross-border shipments. FTAs with countries like the UAE and Australia have boosted trade. This growth has opened new opportunities for freight forwarders to improve supply chains. Companies are adopting technology. They use digital platforms for real-time tracking, automated documentation, and AI-driven route optimization. This shift not only enhances operational efficiency but also improves customer transparency. Multimodal transportation, which includes road, rail, air, and sea, helps businesses save money. It also speeds up transit. Challenges like slow infrastructure, changing fuel prices, and tricky customs rules persist. Forwarders need to adopt flexible strategies to remain competitive.

Sustainability is now key in India freight forwarding sector. Companies are working to meet global environmental standards. Green logistics promotes electric vehicles (EVs), alternative fuels, and carbon-neutral shipping. Clients care more about eco-friendly solutions now. This trend pushes forwarders to adopt sustainable practices in their operations. A key trend is the growth of third-party logistics (3PL) and fourth-party logistics (4PL). These providers deliver complete supply chain management that suits various industry needs. The rise of e-commerce, led by Amazon and Flipkart, has boosted the need for last-mile delivery. This push has led forwarders to innovate in urban logistics. Geopolitical tensions and global supply chain issues highlight the need for resilience. This has led to more investment in warehousing and inventory management. As the market shifts, teamwork among stakeholders will be crucial. This includes government, private players, and tech providers. This teamwork will help overcome challenges and seize new opportunities.

We explore the factors driving the growth of the market, including technological advancements, consumer behaviors, and regulatory changes, along with emerging India freight forwarding trends.

India Freight Forwarding Industry Segmentation:

The report has segmented the market into the following categories:

Mode of Transport Insights:

• Road
• Maritime
• Rail
• Air

Customer Type Insights:

• B2B
• B2C

Service Insights:

• Transportation and Warehousing
• Value Added Services
• Packaging
• Others

Application Insights:

• Retail and E-Commerce
• Healthcare
• Food and Beverages
• Media and Entertainment
• Industrial and Manufacturing
• Oil and Gas
• Others

Regional Insights:

• North India
• South India
• East India
• West India

Competitive Landscape:

The competitive landscape of the industry has also been examined, along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, benchmarking analyses, pricing and cost research, and procurement research.

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