Market Overview:
The global road freight transportation services market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for express delivery services and the rising trend of online shopping. Based on type, the ordinary items segment is expected to account for a major share of the global road freight transportation services market during the forecast period. This can be attributed to the growing demand for fast and reliable transportation solutions for everyday items. The express delivery segment is anticipated to register highest CAGR over 2018-2030 owing to surging e-commerce industry across different regions. Regionally, North America dominates the global road freight transportation services market followed by Europe and Asia Pacific respectively.
Product Definition:
Road freight transportation services are the transportation of goods by road. The importance of road freight transportation services is that it is a reliable and efficient way to move goods from one place to another.
Ordinary Items:
OI is a cost-effective and low-risk way to move goods. It covers a wide range of products, such as small packages, large boxes, drums & barrels and pallets. The growth factor in the OI market is customer awareness regarding its benefits over other modes of transportation.
Dangerous Items:
Dangerous goods transportation is a service that involves the transportation of items such as chemicals, pharmaceutical products, automotive parts and others. The main objective of this service is to ensure that these goods reach their destination without any damage. Different types of dangerous goods are classified according to their hazardous nature and quantity.
Application Insights:
The other application segment includes the transportation of dry and liquid bulk, chemicals and petroleum products. The demand for road freight services is expected to witness a rise owing to the expansion of manufacturing facilities in emerging economies including China, India and Brazil. These countries are also likely to provide opportunities for logistics companies as well as forwarders within their borders thereby driving the overall market growth over the forecast period.
The food segment accounted for more than 25% share in 2017 owing to rising disposable income levels coupled with an increasing population has resulted in increased demand for packaged foods such as frozen meals, ready-to-eat meals, snacks among others across various regions worldwide. Furthermore, growing e-commerce activities have led businesses from various industries including retailing FMCG companies that offer home delivery services on a 24/7 basis which further propels industry growth during peak hours.
Regional Analysis:
Asia Pacific dominated the global road freight transportation services market in 2017. The region is expected to maintain its lead over the forecast period as well owing to increasing trade activities across emerging economies, such as China and India. In addition, rising investments in warehousing and logistics infrastructure are projected to drive regional growth over the next eight years.
Europe accounted for a significant share of revenue in 2017 owing to high demand for expedited shipments across countries, such as Germany and U.K., on account of their respective product markets’seasonality trends coupled with high consumer purchasing power parity (PPP). Moreover, growing e-commerce companies have been aggressively expanding their network within Europe by offering customized delivery options at competitive rates compared to air cargo operators’costs; thereby driving regional growth over the forecast period.
North America road freight transportation services market is also anticipated gain prominence during the forecast period due to increasing trade activities between U.S.
Growth Factors:
- Increasing demand for goods transportation services due to growth in global trade.
- Rising disposable income of consumers in developing countries, which is resulting in an increase in demand for consumer goods.
- Development of new transport infrastructure and expansion of existing transport infrastructure across the globe.
- Proliferation of e-commerce and rise in demand for last mile delivery services.
Scope Of The Report
Report Attributes
Report Details
Report Title
Road Freight Transportation Services Market Research Report
By Type
Ordinary Items, Dangerous Items
By Application
Food, Material, Express Delivery, Other
By Companies
DB Schenker, DHL, FedEx, UPS, Kuehne+Nagel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Road Freight Transportation Services Market Report Segments:
The global Road Freight Transportation Services market is segmented on the basis of:
Types
Ordinary Items, Dangerous Items
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Material, Express Delivery, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DB Schenker
- DHL
- FedEx
- UPS
- Kuehne+Nagel
Highlights of The Road Freight Transportation Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ordinary Items
- Dangerous Items
- By Application:
- Food
- Material
- Express Delivery
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Road Freight Transportation Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Road freight transportation services are a type of transportation that moves goods by truck on public roads.
Some of the major players in the road freight transportation services market are DB Schenker, DHL, FedEx, UPS, Kuehne+Nagel.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Road Freight Transportation Services Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Road Freight Transportation Services Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Road Freight Transportation Services Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Road Freight Transportation Services Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Road Freight Transportation Services Market Size & Forecast, 2020-2028 4.5.1 Road Freight Transportation Services Market Size and Y-o-Y Growth 4.5.2 Road Freight Transportation Services Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Ordinary Items
5.2.2 Dangerous Items
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Material
6.2.3 Express Delivery
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Road Freight Transportation Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Road Freight Transportation Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Ordinary Items
9.6.2 Dangerous Items
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food
9.10.2 Material
9.10.3 Express Delivery
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Ordinary Items
10.6.2 Dangerous Items
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food
10.10.2 Material
10.10.3 Express Delivery
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Ordinary Items
11.6.2 Dangerous Items
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food
11.10.2 Material
11.10.3 Express Delivery
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Ordinary Items
12.6.2 Dangerous Items
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food
12.10.2 Material
12.10.3 Express Delivery
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Ordinary Items
13.6.2 Dangerous Items
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Material
13.10.3 Express Delivery
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Road Freight Transportation Services Market: Competitive Dashboard
14.2 Global Road Freight Transportation Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DB Schenker
14.3.2 DHL
14.3.3 FedEx
14.3.4 UPS
14.3.5 Kuehne+Nagel