The Mexico Freight Forwarding Market size is estimated at USD 6.17 billion in 2024, and is expected to reach USD 9.80 billion by 2029, growing at a CAGR of 9.71% during the forecast period (2024-2029).
The Mexico freight forwarding market is fragmented and has a large number of local, regional, and global players. The competition in the freight forwarding market in Mexico is growing. Major international players like DHL, DB Schenker, DSV, and UPS, among others, are present in the country and are actively expanding across the geography. The market is experiencing a lot of acquisitions, mergers, technology upgrades, and changes in government policies, creating huge opportunities for the other players in the market. The market is experiencing significant growth, propelling the competition to an all-new benchmark for the new entrants.
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