Press Release

Rising Export Volumes in Ready-Made Garments is Driving the Growth of the Bangladesh Freight Forwarding Market

Bangladesh’s steady rise in ready-made-garment (RMG) exports has become a major catalyst for the expansion of the freight-forwarding market, as manufacturers boost production, diversify global buyers, and increase shipments to key destinations like the EU and the U.S. This growth is driving greater demand for freight consolidation, multimodal transport, customs coordination, and export documentation, while also adding pressure on ports and container-handling operations. With global fashion brands strengthening sourcing ties and export flows becoming more time-sensitive, freight forwarders are playing a crucial role in ensuring reliability, efficiency, and compliance across Bangladesh’s increasingly complex garment-driven trade ecosystem.

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Data Bridge Market Research analyzes that the Bangladesh Freight Forwarding Market is expected to reach USD 34.65 Billion by 2033 from USD 20.21 Billion in 2025, growing with a substantial CAGR of 7.1% in the forecast period of 2026 to 2033.

Key Findings of the Study

Bangladesh Freight Forwarding Market

Government investment in infrastructure

Bangladesh’s ongoing government investments in ports, transport corridors, and logistics infrastructure are significantly enhancing the efficiency and capacity of the freight-forwarding sector. Upgrades in port operations, expanded road and rail links, and improvements in customs and cargo-handling systems are reducing transit delays, improving reliability, and lowering overall logistics friction—encouraging exporters to rely more heavily on professional forwarding networks. Media reports highlight steady improvements in container handling at major gateways and the launch of large-scale port development initiatives, indicating stronger national logistics capabilities. As connectivity strengthens and infrastructure modernises, freight forwarders are gaining greater scope to optimise routes, scale operations, and handle rising cargo flows across key industries such as garments and manufacturing, reinforcing infrastructure development as a core driver of sectoral growth.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2026 to 2033

Base Year

2025

Historic Year

2024 (Customizable 2018-2023)

Quantitative Units

Revenue in USD Billion

Segments Covered

By Offering (Services and Software), Mode of Transport (Sea Freight Forwarding (TEUs), Road Freight Forwarding, Air Freight Forwarding (Tonnage), Rail Freight Forwarding, and Waterways Freight Forwarding), Logistics Model (Third Party Logistics (3PL), Second Party Logistics (2PL), and First Party Logistics (1PL)), Customer Type (B2B, E-Commerce & Last Mile Delivery, and B2C), Freight Forwarder Type (Consolidators/NVOCC, Multimodal/Intermodal Transport Operators (MTOs), Customs Brokers, Port Agents, and Others), and End User (Industrial & Manufacturing, Retail, Food & Beverages, Healthcare, Oil & Gas, Military, Media & Entertainment, and Others)

Countries Covered

Bangladesh

Market Players Covered

  • MOL Logistics Co. Ltd (Japan)
  • Mars Freight Bangladesh Ltd. (Bangladesh)
  • Marvel Freight Limited (Bangladesh)
  • Shams Group of Companies (Bangladesh)
  • FedEx (USA)
  • Aex Cargo International Ltd. (Bangladesh) GSK plc. (U.K.)
  • Bayer AG (Germany)
  • Reckitt Benckiser Group plc. (U.S.)
  • Sanofi S.A. (France)
  • Bliss GVS Pharma Ltd. (India)
  • Hikma Pharmaceuticals PLC (U.K.)
  • Sydler Remedies (India)
  • Julphar (Gulf Pharmaceutical Industries) (U.A.E.)
  • S. G. Biopharm Pvt. Ltd. (India)
  • Jamjoom Pharma (Saudi Arabia)
  • EIPICO (Egypt)
  • Tabuk Pharmaceuticals (Saudi Arabia)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Segment Analysis

Bangladesh Freight Forwarding market is segmented into six notable segments which are based on Offering, Mode of Transport, Logistics Model, Customer Type, Freight Forwarder Type, and End User.

  • On the basis of Offering, the market is segmented into Services and Software.
  • In 2026, the Services segment will dominate due to the country’s high export dependency especially from the RMG sector requiring large-scale sea and air freight operations.  

In 2026, the services segment is expected to dominate the market with 91.60 % due to the country’s high export dependency especially from the RMG sector requiring large-scale sea and air freight operations.

  • On the basis of Mode of Transport, the market is segmented into Sea Freight Forwarding (TEUs), Road Freight Forwarding, Air Freight Forwarding (Tonnage), Rail Freight Forwarding, and Waterways Freight Forwarding
  • In 2026, the Sea Freight Forwarding (TEUs) segment  is expected to dominate the Bangladesh Freight Forwarding market

In 2026, Sea Freight Forwarding (TEUs) segment is expected to dominate the market with a market share of 43.76% due to high-volume apparel exports and growing containerization supported by the expansion of Chattogram and Mongla Port operations and improvements in container handling efficiency

  • On the basis of Logistics Model, the market is segmented into Third Party Logistics (3PL), Second Party Logistics (2PL), and First Party Logistics (1PL).
  •  In 2026, the Third Party Logistics (3PL) segment is expected to dominate the market with a market share of 68.51% due to strong outsourcing trends among RMG exporters, FMCG companies, retailers, and e-commerce players seeking end-to-end logistics solutions and cost optimization.
  • On the basis of Customer Type, the market is segmented into B2B, E-Commerce & Last Mile Delivery, and B2C.  
  • In 2026, B2B segment is expected to dominate the market with a market share of 71.39% due to a strong industrial base, high-volume export manufacturing activities, and consistent demand from sectors such as RMG, textiles, pharmaceuticals, chemicals, and electronics
  • On the basis of Freight Forwarder Type, the market is segmented into Consolidators/NVOCC, Multimodal/Intermodal Transport Operators (MTOs), Customs Brokers, Port Agents, and Others.  
  • In 2026, Consolidators/NVOCC  segment is expected to dominate the market with a market share of 39.81% due to rising container volumes and the strong need for LCL consolidation services among small and medium exporters.
  • On the basis of End User, the market is segmented into Industrial & Manufacturing, Retail, Food & Beverages, Healthcare, Oil & Gas, Military, Media & Entertainment, and Others.  
  • In 2026, Industrial & Manufacturing segment is expected to dominate the market with a market share of 35.44% due to the country’s strong export-oriented production base, led by the Ready-Made Garments (RMG) industry which accounts for the majority of Bangladesh’s trade volume.

Major Players

Data Bridge Market Research analyzes DSV (Denmark), MOL Logistics Co. Ltd (Japan), Mars Freight Bangladesh Ltd. (Bangladesh), Marvel Freight Limited (Bangladesh)  among others as the major market players of the Bangladesh Freight Forwarding market.

Bangladesh Freight Forwarding Market

Market Developments

  • In November, Allcargo Logistics Limited has completed the demerger of its international supply‑chain business into a newly formed entity, Allcargo Global Limited, effective from November 1, 2025. Domestic express distribution and consultative‑logistics operations remain under Allcargo Logistics.
  • In October, FedEx Dataworks partnered with ServiceNow to integrate AI, data, and workflows across supply chains. This collaboration aims to accelerate procurement decisions, enhance visibility, anticipate disruptions, and optimize operations. By combining FedEx’s logistics expertise with ServiceNow’s AI-driven platform, they are building “AI-native” tools to improve efficiency, resilience, and predictive capabilities in global supply chains.    
  • In April 2025, MOL Logistics Co., Ltd. expanded its Overseas Removal Service in Kenya through a partnership with AGS Movers Kenya, enabling nationwide service coverage and introducing a Japanese-language support desk to enhance relocation convenience and customization for both corporate and individual clients.
  • In August 2024, MOL Logistics Co., Ltd. announced a strategic alliance with Daito Koun Co., Ltd. to strengthen its food-logistics services by combining MOL’s global forwarding, air/ocean freight, and warehousing capabilities with Daito Koun’s expertise in customs clearance, refrigerated/frozen storage, and food-safety compliant logistics — enabling secure, refrigerated import/export and distribution of food products under strict quality standards.
  • In March 2024, MOL Logistics expanded its footprint in Vietnam by opening a new office in Ha Nam Province, effective from 4 March — aiming to better serve clients in the northern industrial zone around Phu Ly City and the Dong Van industrial parks by offering enhanced import/export clearance, domestic pickup and delivery, and comprehensive logistics services.
  • In September 2025, MOL Logistics (via its subsidiary in Vietnam) invested in Toan Phat Logistics Joint Stock Company (TPL), a southern-Vietnam refrigerated-warehouse operator — thereby adding cold-chain warehousing capacity in the Mekong Delta region and strengthening MOL’s ability to handle seafood, agricultural, and other temperature-sensitive goods with refrigerated storage and integrated export logistics.
  • In December 2023, MOL Logistics announced that it has merged with its subsidiary MOL Logistics (Kyushu) Co., Ltd. — effective 1 April 2024 — bringing the Kyushu operations under the main company to streamline management, speed decision-making, and enhance customer service and operational efficiency across Japan and its global logistics network.

Regional Analysis

Geographically, the countries covered in the Bangladesh Freight Forwarding market report is Bangladesh.

As per Data Bridge Market Research analysis:

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