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  • Writer's pictureTeam CargoTalk

UAE freight market may reach US$7,542 bn by ’29


The UAE Freight And Logistics Market size is estimated at US$5726.00 billion in 2023, and is expected to reach US$7541.32 billion by 2029, growing at a CAGR of 4.70 per cent during the forecast period (2023-2029), as per a report researched by Mordor Intelligence. The report stated that air is the fastest-growing mode of transport for the freight and logistics market. Rising infrastructural developments and initiatives for air freight, specifically in North America, Europe, and Asia-Pacific, are driving the growth of this segment.

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