Latin America Freight Forwarding Market Size & Outlook
The freight forwarding market in Latin America is expected to reach a projected revenue of US$ 21,290.4 million by 2033. A compound annual growth rate of 3.5% is expected of Latin America freight forwarding market from 2026 to 2033.
Revenue, 2025 (US$M)
$16,316.6
Estimate, 2026 (US$M)
$16,720.5
Forecast, 2033 (US$M)
$21,290.4
CAGR, 2026 - 2033
3.5%
Global Market
Related Markets
Latin America freight forwarding market highlights
- The Latin America freight forwarding market generated a revenue of USD 16,316.6 million in 2025.
- The market is expected to grow at a CAGR of 3.5% from 2026 to 2033.
- In terms of segment, road was the largest revenue generating mode of transport in 2025.
- Rail is the most lucrative mode of transport segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2033.
Latin America data book summary
| Market revenue in 2025 | USD 16,316.6 million |
| Market revenue in 2033 | USD 21,290.4 million |
| Growth rate | 3.5% (CAGR from 2026 to 2033) |
| Largest segment | Road |
| Fastest growing segment | Rail |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Road, Maritime, Rail, Air |
| Key market players worldwide | Kuehne + Nagel International AG, DHL Group, DB Schenker, Expeditors International of Washington Inc, CEVA Inc, DSV AS, FedEx Corp, Uber Technologies Inc, United Parcel Service Inc Class B, Nippon Express Holdings Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.2% of the global freight forwarding market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Europe is the fastest growing regional market and is projected to reach USD 106,267.4 million by 2033.
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Publish Date: May 11, 2026
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Freight Forwarding Market Scope
Freight Forwarding Market segmentation & scope
Others
Freight Forwarding Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Uber Technologies Inc | View profile | 30,700 | 1725 3rd Street, San Francisco, CA, United States, 94158 | www.uber.com |
| CEVA Inc | View profile | 424 | 15245 Shady Grove Road, Suite 400, Rockville, MD, United States, 20850 | www.ceva-dsp.com |
| DHL Group | View profile | 594,396 | Platz der Deutschen Post, Bonn, NW, Germany, 53250 | www.dpdhl.com |
| United Parcel Service Inc Class B | View profile | 500,000 | 55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, United States, 30328 | www.ups.com |
| FedEx Corp | View profile | 787,400 | 942 South Shady Grove Road, Memphis, TN, United States, 38120 | www.fedex.com |
| Kuehne + Nagel International AG | View profile | 93,064 | Dorfstrasse 50, P.O. Box 67, Schindellegi, Switzerland, CH-8834 | www.kuehne-nagel.com |
| DB Schenker | View profile | 10001+ | Essen, Nordrhein-Westfalen, Germany, Europe | www.dbschenker.com/global |
| Expeditors International of Washington Inc | View profile | 18,100 | 1015 Third Avenue, Seattle, WA, United States, 98104 | www.expeditors.com |
| DSV AS | View profile | 73,879 | Hovedgaden 630, Hedehusene, Denmark, 2640 | www.dsv.com |
| Nippon Express Holdings Inc | View profile | 85,442 | 2 Kanda Izumicho, Chiyoda-ku, Tokyo, Japan, 101-0024 | - |
Latin America Freight Forwarding Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Freight Forwarding Market Outlook will help companies and investors design strategic landscapes.
Road was the largest segment with a revenue share of 63.69% in 2025.
Horizon Databook has segmented the Latin America freight forwarding market based on road, maritime, rail, air covering the revenue growth of each sub-segment from 2021 to 2033.
- Latin America Freight Forwarding Market Mode of Transport Outlook (Revenue, USD Million , 2021-2033)
- Road
- Maritime
- Rail
- Air
- Latin America Freight Forwarding Market Customer Type Outlook (Revenue, USD Million , 2021-2033)
- B2B
- B2C
- Latin America Freight Forwarding Market Service Type Outlook (Revenue, USD Million , 2021-2033)
- Transportation & Warehousing
- Value Added Services
- Packaging
- Others
- Latin America Freight Forwarding Market Application Outlook (Revenue, USD Million , 2021-2033)
- Retail & e-commerce
- Healthcare
- Food & Beverages
- Media & Entertainment
- Industrial & Manufacturing
- Oil & Gas
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Freight Forwarding Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Freight Forwarding Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Latin America Freight Forwarding Market, 2021-2033 (US$M)
Latin America Mode Of Transport - Freight Forwarding Market Statistics, 2025 - 2033 (US$M)
