
Study Period | 2020 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Market Size (2025) | USD 22.37 Billion |
Market Size (2030) | USD 27.92 Billion |
CAGR (2025 - 2030) | 4.53 % |
Market Concentration | Low |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Hong Kong Freight And Logistics Market Analysis
The Hong Kong Freight And Logistics Market size is estimated at USD 22.37 billion in 2025, and is expected to reach USD 27.92 billion by 2030, at a CAGR of 4.53% during the forecast period (2025-2030).
Third-party logistics (3PL) providers and freight forwarders have actively sought solutions to meet the rising service demand. Many businesses aim to increase their digital capabilities, secure longer-term capacity, and transition towards omnichannel integration. Additionally, companies are intensifying their investments in the region. For instance, in April 2023, Cainiao Network Technology, the logistics arm of Alibaba Group Holding, began preparations for the first of the company's six units to go public. Cainiao was discussing an initial public offering in Hong Kong with banks. According to industry reports, some investment banks, including China International Capital Corp., had also expressed an interest in investing in Cainiao's initial public offering.
The industry is experiencing an emergence of new technologies, companies, customers, and business models. Freight companies increasingly prioritize digitization to enhance efficiency, reshaping the marketplace. The growing preference for third-party logistics across various industries is expected to drive industry growth in the near to medium term.
Hong Kong plans to establish a new transport bureau to solidify its position as a significant global hub for shipping and logistics. This anticipated government action was made public this week, coinciding with the city's removal from the top five marine towns in the world. The new bureau's challenge lies in enhancing Hong Kong's logistics, maritime, and aviation freight hub capabilities. It must ensure the city keeps pace with the latest advancements in the Guangdong-HK-Macao Greater Bay Area, RCEP, and BRI's intelligent logistics and supply chains, as well as the diversification of manufacturing bases and e-commerce booms.
Challenges such as the limited presence of an integrated IT system, fragmented warehousing, inadequate infrastructure handling capacity, and multiple regulations are impeding the growth of the freight sector in Hong Kong. However, various industries' increasing digitization and adoption of the Internet of Things drive the freight transportation market. Moreover, the freight transportation sector significantly contributes to overall employment in the country, and with growing government support, employment in the industry is forecasted to rise exponentially.
Hong Kong Freight And Logistics Market Trends
Increase In Trade Is Driving The Growth Of The Market
The Special Administrative Region of the People's Republic of China now exists in Hong Kong. The 'One Country, Two Systems' approach grants the HKSAR considerable autonomy in commerce, finance, and currency. The Basic Law guarantees the expansion of crucial components that make Hong Kong an international financial center. The Census and Statistics Department released on February 2024 the external merchandise trade statistics for January 2024. According to the report, Hong Kong's overall exports and imports of goods increased year on year by 33.6% and 21.7%, respectively, for January 2024. As a result of the difference in the timing of the Lunar New Year holidays, trade in January and February of each year is characterized by considerable volatility.
Trade is a significant growth driver for the logistics industry; for example, air transport is critical for Hong Kong's trade. The country is an important international trading hub, heavily reliant on trade. In 2023, Hong Kong saw domestic exports and re-exports totaling around HKD 4.18 trillion (USD 534 billion), while goods imported amounted to about HKD 4.64 trillion (USD 593 billion), according to the Census and Statistics Department of Hong Kong.
Mainland China is the most important market for goods transported by air, both in exports and imports. The government is investing in the logistics infrastructure due to growing trade. In 2023, Mainland China remained Hong Kong's largest export market, accounting for HKD 2,320.37 billion (USD 296 billion), according to the Census and Statistics Department of Hong Kong.

Air Freight Is Dominating The Market
Hong Kong stands tall as the regional logistics center for the Asia Pacific, boasting an extensive network linking to vital global destinations. Its connectivity, coupled with top-tier aviation and maritime infrastructure, positions it as a premier transportation hub in the region. According to the latest Fitch Solutions country risk and industry research, Hong Kong's transport network efficiency ranks second only to Singapore, scoring an impressive 95.1 out of 100.
The Transport and Housing Bureau, Hong Kong, and the Civil Aviation Administration of China have extended the current air services arrangement. This extension permits designated airlines from all GBA cities to share code with land and sea transport operators, simplifying commuting between GBA cities.
The Hong Kong International Airport is the region's second busiest cargo facility, with five air cargo handling facilities. As per industry reports, by 2024, after Hong Kong's third runway, air cargo volume capacity will expand to 8.9 million tons.
Hong Kong is poised to maintain its stature as an international airfreight gateway due to its free trade policy, robust supporting services, streamlined customs procedures, and strategic proximity to mainland China. The anticipated completion of the three-runway system at Hong Kong International Airport is expected to further bolster the region's capacity for freight movement in the coming years.

Hong Kong Freight And Logistics Industry Overview
The Hong Kong freight and logistics market is relatively fragmented, with the top five to ten players accounting for a significant market share. The logistics sector in the country is made up of both domestic and international enterprises. International companies initially struggled against local companies; however, the situation is changing. Some prominent players in the market include DHL, DB Schenker, Kerry Logistics, OOCL Logistics, and SF Express. The demand for integrated and specialized logistics solutions is rising. The logistics companies in the country are expected to adopt transport and warehouse management systems, big data, and analytics to remain competitive. Major players in the market are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to remain competitive.
Hong Kong Freight And Logistics Market Leaders
-
Kerry Logistics
-
OOCL Logistics
-
SF Express
-
DHL logistics
-
DB SChenker Logistics
- *Disclaimer: Major Players sorted in no particular order

Hong Kong Freight And Logistics Market News
- November 2024: ESR Group, a company offering real estate services and investment, and property firm Chinachem Group secured Hong Kong's first green loan for a logistics facility worth HKD 8.8 billion (USD 1.13 billion). A loan will finance the construction of the Kwai Chung Cold Storage Logistics Centre for five years.
- January 2024: Vantec Hitachi Transport System (Hong Kong) Ltd. acquired CEIV Pharma, a quality certification program for international pharmaceutical transport, by the International Air Transport Association (IATA) at Hong Kong International Airport.
Hong Kong Freight And Logistics Industry Segmentation
Freight management is defined as controlling and executing a cost-effective procedure for goods delivery. In contrast, logistics management can be defined as the comprehensive process of acquiring, storing, and transporting resources to their final destination. A complete background analysis of the Hong Kong freight and logistics market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact, is covered in the report.
The Hong Kong freight and logistics market is segmented by function (freight transport type [road, shipping, rail, and air], freight forwarding, warehousing, and value-added services) and end-user (manufacturing and automotive; oil and gas, mining, and quarrying; agriculture, fishing, and forestry; construction; distributive trade [wholesale and retail], healthcare and pharmaceuticals, and other end-users). The report offers market size and forecasts for all the above segments in value (USD).
Function | Freight Transportation | Road |
Shipping | ||
Rail | ||
Air | ||
Freight Forwarding | ||
Warehousing | ||
Value-Added Services | ||
End-User | Manufacturing and Automotive | |
Oil and Gas, Mining, and Quarrying | ||
Agriculture, Fishing, and Forestry | ||
Construction | ||
Distributive Trade (Wholesale and Retail) | ||
Healthcare and Pharmaceuticals | ||
Other End-Users |
Hong Kong Freight And Logistics Market Research FAQs
How big is the Hong Kong Freight And Logistics Market?
The Hong Kong Freight And Logistics Market size is expected to reach USD 22.37 billion in 2025 and grow at a CAGR of 4.53% to reach USD 27.92 billion by 2030.
What is the current Hong Kong Freight And Logistics Market size?
In 2025, the Hong Kong Freight And Logistics Market size is expected to reach USD 22.37 billion.
Who are the key players in Hong Kong Freight And Logistics Market?
Kerry Logistics, OOCL Logistics, SF Express, DHL logistics and DB SChenker Logistics are the major companies operating in the Hong Kong Freight And Logistics Market.
What years does this Hong Kong Freight And Logistics Market cover, and what was the market size in 2024?
In 2024, the Hong Kong Freight And Logistics Market size was estimated at USD 21.36 billion. The report covers the Hong Kong Freight And Logistics Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Hong Kong Freight And Logistics Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Our Best Selling Reports
Hong Kong Freight And Logistics Industry Report
Statistics for the 2025 Hong Kong Freight And Logistics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Hong Kong Freight And Logistics analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.