Road Freight Transportation Market: By Destination (Domestic, International), By Product Type (Liquid Goods, Solid Goods), By End User (Agriculture, Fishing & Forestry, Construction, Manufacturing, Oil and Gas, Mining & Quarrying, Wholesale & Retail Trade, Others), By Containerization (Containerized, Non-Containerized), By Truckload Specification (Full Truckload, Less Than Truckload), By Distance (Long Haul, Short Haul), and Geography

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Road Freight Transportation Market size was valued at USD 45,926.9 million in 2022 and is expected to grow at 11.2% CAGR from 2023 to 2029. The transportation of products from one place to another by road network using a motor vehicle is road freight transportation. Road freight is a cost-effective mode of transportation due to its low-cost transport gear and high utilization of existing infrastructure. As the road infrastructure is allowed anytime, without a previous reservation or registration, even spontaneous requested transportation is frequently carried out using trucks. Growing bilateral trades across the globe, growing industrialization, and Increasing demand for inland transportation for logistics is expected to drive the growth of the road freight transportation market. In addition, increasing imports and exports of goods across the globe, low cost of transportation, easy convenience, and flexibility of road transport are expected to boost the growth of the road freight transportation market over the forecast period. Furthermore, growing e-commerce businesses & entrepreneurial ventures, the rapid advancement of technology, and the growing role of e-tailing are expected to further trigger the growth of the road freight transportation market over the forecast period. However, road conditions, weather, and traffic congestion along with long-distance transport are expected to hinder the growth of the road freight transportation market over the forecasted period. For instance, floods, snow, and rain make the roadways inaccessible. In these situations, the roads become dangerous for delivery owing to road accidents and breakdowns. Moreover, the use of blockchain in the road transport industry is an emerging trend in the road freight transportation market, Blockchain technology is a digital ledger linked to a list of blocks that stores data in a cryptographically secured and decentralized network. Geographically, the Asia Pacific region held the major market share in 2022 and is expected to dominate the global road freight transportation market in the forecasted years.

Road Freight Transportation Market Key Developments:
  • In September 2021, FedEx announced its collaboration with Aurora and Paccar to test autonomous linehaul technology.

Road Freight Transportation Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

11.2%

Largest Market

Asia Pacific

Fastest Growing Market

North America
Road Freight Transportation Market Dynamics

The road freight transportation market is expected to grow over the forecasted period due to growing industrialization, increasing imports and exports across the globe, and growing e-commerce businesses. The increasing industrialization is expected to increase the demand for inland transportation logistics. Road transport is cost-effective, flexible, and more convenient when compared to other modes of transport. Thus, surging the demand for road freight transportation. The pre-booking and reservation can be avoided, and spontaneous freights can be done on road freight transportation when compared to other modes.

Road Freight Transportation Market Segmentation

By Destination
  • Domestic
  • International
By Product Type
  • Liquid Goods
  • Solid Goods
By Containerization
  • Containerized
  • Non- Containerized
By Truckload Specification
  • Full Truckload
  • Less Than Truckload
By Distance
  • Long Haul
  • Short Haul
By Geography
  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • MEA
LOCATION

Geography

Frequently Asked Questions

The Road Freight Transportation market was valued at USD 45,926.9 million in 2022.

The Road Freight Transportation market is segmented based on the destination, product type, end-user, containerization, truckload specification, distance, and geography.

The leading players in the global Road Freight Transportation market are Alkom-Trans SIA, Ital Logistics Ltd., DB Schenker, Kuehne & Nagel Inc, Fercam S.p.A., Gondrand Group, FedEx, Deutsche Post AG, FM Logistic, KLG Europe, First European Logistics Ltd, Maersk.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029).
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenarios.
1. Executive Summary
2. Global Road Freight Transportation Market Introduction 
2.1.Global Road Freight Transportation Market  - Taxonomy
2.2.Global Road Freight Transportation Market  - Definitions
2.2.1.Destination
2.2.2.Product Type
2.2.3.Containerization
2.2.4.Truckload Specification
2.2.5.Region
3. Global Road Freight Transportation Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Road Freight Transportation Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Road Freight Transportation Market  By Destination, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Domestic
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. International
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6. Global Road Freight Transportation Market  By Product Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Liquid Goods
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Solid Goods
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Global Road Freight Transportation Market  By Containerization, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. Containerized
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Non- Containerized
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
8. Global Road Freight Transportation Market  By Truckload Specification, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. Full Truckload
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Less Than Truckload
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
9.Global Road Freight Transportation Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10. North America Road Freight Transportation Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Destination Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Domestic
10.1.2.International
10.2.  Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Liquid Goods
10.2.2.Solid Goods
10.3.  Containerization Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Containerized
10.3.2.Non- Containerized
10.4.  Truckload Specification Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Full Truckload
10.4.2.Less Than Truckload
10.5.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11. Europe Road Freight Transportation Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Destination Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Domestic
11.1.2.International
11.2.  Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Liquid Goods
11.2.2.Solid Goods
11.3.  Containerization Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Containerized
11.3.2.Non- Containerized
11.4.  Truckload Specification Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Full Truckload
11.4.2.Less Than Truckload
11.5.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12. Asia Pacific (APAC) Road Freight Transportation Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Destination Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Domestic
12.1.2.International
12.2.  Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Liquid Goods
12.2.2.Solid Goods
12.3.  Containerization Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Containerized
12.3.2.Non- Containerized
12.4.  Truckload Specification Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Full Truckload
12.4.2.Less Than Truckload
12.5.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13. Middle East and Africa (MEA) Road Freight Transportation Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
13.1. Destination Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Domestic
13.1.2.International
13.2.  Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Liquid Goods
13.2.2.Solid Goods
13.3.  Containerization Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Containerized
13.3.2.Non- Containerized
13.4.  Truckload Specification Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Full Truckload
13.4.2.Less Than Truckload
13.5.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14. Latin America Road Freight Transportation Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
14.1. Destination Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Domestic
14.1.2.International
14.2.  Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Liquid Goods
14.2.2.Solid Goods
14.3.  Containerization Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Containerized
14.3.2.Non- Containerized
14.4.  Truckload Specification Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Full Truckload
14.4.2.Less Than Truckload
14.5.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Alkom-Trans SIA
15.2.2.Ital Logistics Ltd.
15.2.3.DB Schenker
15.2.4.Kuehne & Nagel, Inc
15.2.5.Fercam S.p.A.
15.2.6.Gondrand Group
15.2.7.FedEx
15.2.8.Deutsche Post AG
15.2.9.FM Logistic
15.2.10.KLG Europe
15.2.11.First European Logistics Ltd.
15.2.12.Maersk
16. Research Methodology 
17. Appendix and Abbreviations 
  • Alkom-Trans SIA
  • Ital Logistics Ltd.
  • DB Schenker
  • Kuehne & Nagel, Inc
  • Fercam S.p.A.
  • Gondrand Group
  • FedEx
  • Deutsche Post AG
  • FM Logistic
  • KLG Europe
  • First European Logistics Ltd.
  • Maersk

Adjacent Markets