Global Road Haulage Market is anticipated to reach US$ 9.35 Bn by 2029 from US$ 6.42 Bn in 2022 at a CAGR of 5.5% during a forecast period.Road Haulage Market Overview
The activity of moving things from one site to another via roadways is known as road haulage. Hoisting and cartage or drayage are two kinds of transportation. Container haulage, pallet haulage, refrigerated haulage, and other forms of road haulage services are also available. Road haulage is widely used in a variety of industries, including chemical, retail, petroleum, defense, construction, and others.To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2018 to forecast the market through 2029. Where 2022 is considered a base year to forecast the market from 2023 to 2029. However, 2022’s market size is estimated on real numbers and outputs of the key players and major players across the globe.
Road Haulage Market Dynamics
Due to increased demand for fast, safe, and efficient road transport, the haulage market is expected to grow at a fast pace. The growth of the automotive and transport industries has boosted the growth of the haulage market. In addition, road transport companies are progressively implementing their commercial vehicles, logistics systems, and strategies for logistics and distribution. In many countries, the number of providers of transport services is increasing. These are some of the other factors which are expected to contribute to the growth of the global road haulage market during the forecast period. The growing global online retail industry needs speedy parcel delivery. The introduction of new service requirements, such as express deliveries, has resulted in the emergence of a new class of logistics operators as a result of the e-commerce industry's growth. Because of the rising adoption of smartphones and global internet penetration, the e-commerce industry's excellent future growth prospects are likely to lead to greater demand for road haulage during the forecast period. Restraints: The transport strikes, fuel prices, and government rules on logistics and transport are key constraints on the road haulage market. Rail and flight transport can also restrict the road transport market, as flight transport is faster.COVID-19 Impact on the Road Haulage Market
The prolonged COVID situation is affecting the market. This is related to the requirement for critical supplies such as groceries and medications to be transported to local locations around the world. As other routes of cargo transportation such as airways and waterways have been restricted by the majority of governments, the demand for road transport has grown dramatically, driving the road haulage market to new heights. However, sudden supply chain disruptions, lower demand for commercial cars, and financial shortages created by the shutdown hampered market growth. Also, several governments' increases in gasoline costs to recover financial losses, along with lower investments in R&D activities for the next few years, are likely to stifle the growth of the market.Road Haulage Market Segmentation Analysis
By Type, in 2022, the domestic transportation segment dominated the market, representing a share of more than 60%. The growing focus on ensuring the delivery of explicit parcels in due time while improving operational efficiency is likely to have contributed to the segment’s growth. Besides that, domestic supplies are more cost-effective than international supplies, thus boosting growth in the domestic transport segment. By Vehicle Type, the light commercial vehicle segment is expected to record a CAGR of more than 8 percent during the forecast period. This can be ascribed to the increased demand for local delivery services, including more dispersed residential and business locations, through which light-duty vehicles need to transit. In addition, the operations of road haulage companies have been greatly boosted by advanced carriage technologies, such as improved fuel effectiveness and increased reliability of light trucks. The heavy commercial vehicles segment accounted for more than 80% of the market in 2022. An increase in long-haul transportation of a variety of products is responsible for the growth of the segment. Additionally, increased production of trucks and heavy commercial vehicles is expected to further boost the market growth.Regional Insights
In 2022, the Asia Pacific regional market held the largest share of the global market, and it is also expected to grow at the fastest rate, with a CAGR of over 6% over the forecast period. The improved road infrastructure and increased foreign investment in the region are attributed to the growth. In addition, the rapidly growing e-commerce sector in developing markets like India and China continues to drive growth for efficient road transportation facilities. In 2022, North America held a significant share of the global market, accounting for around 25.0 percent. This might be attributed to the growing commercial activity in the region, as well as the extensive roadway network.Road Haulage Market Scope: Inquire before buying
Road Haulage Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 6.42 Bn. Forecast Period 2023 to 2029 CAGR: 5.5% Market Size in 2029: US $ 9.35 Bn. Segments Covered: by Type International Road Haulage Domestic Road Haulage by Vehicle Type Light Commercial Vehicles Heavy Commercial Vehicles by Application Mining & Construction Oil & Gas Food & Beverage Retail Manufacturing Healthcare Automotive Others By Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Road Haulage Market Key Players
1. Kindersley Transport Ltd. 2. Gosselin Group 3. LKW WALTER 4. Monarch Transport 5. CONCOR 6. AM Cargo 7. Manitoulin Transport Inc. 8. SLH Transport Inc. 9. Woodside Logistics Group 10. UK Haulier 11. Kindersly Transport Ltd., 12. Container Corporation of India Ltd., 13. Monarch Transport Ltd 14. Woodside Road Haulage 15. LKW Walter Frequently Asked Questions: 1. Which region has the largest share in Global Road Haulage Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Road Haulage Market? Ans: The Global Road Haulage Market is growing at a CAGR of 5.5% during forecasting period 2023-2029. 3. What is scope of the Global Road Haulage market report? Ans: Global Road Haulage Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Road Haulage market? Ans: The important key players in the Global Road Haulage Market are – Kindersley Transport Ltd., Gosselin Group, LKW WALTER, Monarch Transport, CONCOR, AM Cargo, Manitoulin Transport Inc., SLH Transport Inc., Woodside Logistics Group, UK Haulier, Kindersly Transport Ltd.,, Container Corporation of India Ltd.,, Monarch Transport Ltd, Woodside Road Haulage, and LKW Walter 5. What is the study period of this market? Ans: The Global Road Haulage Market is studied from 2022 to 2029.
1.Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Road Haulage Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Road Haulage Market 3.4. Geographical Snapshot of the Road Haulage Market, By Manufacturer share 4. Global Road Haulage Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Road Haulage Market 5. Supply Side and Demand Side Indicators 6. Global Road Haulage Market Analysis and Forecast, 2022-2029 6.1. Global Road Haulage Market Size & Y-o-Y Growth Analysis. 7. Global Road Haulage Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. International Road Haulage 7.1.2. Domestic Road Haulage 7.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 7.2.1. Light Commercial Vehicles 7.2.2. Heavy Commercial Vehicles 7.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.3.1. Mining & Construction 7.3.2. Oil & Gas 7.3.3. Food & Beverage 7.3.4. Retail 7.3.5. Manufacturing 7.3.6. Healthcare 7.3.7. Automotive 7.3.8. Others 8. Global Road Haulage Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Road Haulage Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. International Road Haulage 9.1.2. Domestic Road Haulage 9.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 9.2.1. Light Commercial Vehicles 9.2.2. Heavy Commercial Vehicles 9.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.3.1. Mining & Construction 9.3.2. Oil & Gas 9.3.3. Food & Beverage 9.3.4. Retail 9.3.5. Manufacturing 9.3.6. Healthcare 9.3.7. Automotive 9.3.8. Others 10. North America Road Haulage Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Road Haulage Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Road Haulage Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Road Haulage Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Road Haulage Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Road Haulage Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Road Haulage Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Road Haulage Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Road Haulage Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Road Haulage Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Road Haulage Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Road Haulage Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Road Haulage Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Road Haulage Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Road Haulage Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Road Haulage Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Road Haulage Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Road Haulage Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Road Haulage Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Road Haulage Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Road Haulage Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Road Haulage Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Road Haulage Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Road Haulage Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Road Haulage Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Road Haulage Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Road Haulage Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Road Haulage Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Road Haulage Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Road Haulage Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Road Haulage Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Road Haulage Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Road Haulage Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Road Haulage Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Road Haulage Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Road Haulage Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. CONCOR 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. CONCOR 45.5. Kindersley Transport Ltd. 45.6. Gosselin Group 45.7. LKW WALTER International Transport organization AG 45.8. Monarch Transport 45.9. AM Cargo 45.10. Manitoulin Transport Inc. 45.11. SLH Transport Inc. 45.12. Woodside Logistics Group 45.13. UK Haulier 45.14. Kindersly Transport Ltd 45.15. Container Corporation of India Ltd 45.16. Monarch Transport Ltd 45.17. Woodside Road Haulage 45.18. LKW Walter 45.19. 46. Primary Key Insights