Global Ocean Freight Forwarding Market Size, by End-User (2020-2032)

Free

in USD Million

How Sector-Specific Logistics Needs Are Shaping the Global Ocean Freight Forwarding Market

Published by MMR Statistics Reserch Team, December 2025

Global trade growth and heightened supply chain efficiency requirements continue to drive sector-specific freight demand in the Global Ocean Freight Forwarding Market Size by End-User. Historical data from 2021 to 2024 show substantial activity, with the automotive segment valued at USD 28,531.69 million in 2021, subsequently declining to USD 23,683.54 million in 2023 due to pandemic-induced production disruptions, supply chain bottlenecks, and the logistical impact of the Ukraine war. Electronics logistics remained critical, valued at USD 25,249.45 million in 2024, supported by rising technology exports despite global supply constraints. Retail and e-commerce activity strengthened freight volumes, valued at USD 32,181.93 million in 2024, reflecting expanding digital consumer markets and adaptive supply chain strategies. In 2025, the automotive sector was valued at USD 24,987.78 million, supported by improved inventory stability and resilient logistics. The year 2026 is estimated to benefit from enhanced shipping automation and cold-chain capabilities. During the forecast period, the Global Ocean Freight Forwarding Market Size by End-User is projected to reach USD 26,459.08 million for automotive in 2027 and USD 46,950.31 million for retail and e-commerce by 2032, demonstrating the growing reliance on maritime routes to support diversified manufacturing and consumption-driven demand.

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Ocean Freight

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Information

Unit

in USD Million

Region

Global

Time Period

2020-2032

Source Name

Maximize Market Research Pvt. Ltd

Source Link

http://www.maximizemarketresearch.com

Publisher Name

Maximize Market Research Pvt. Ltd

Publisher Link

http://www.maximizemarketresearch.com

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