Road Freight Transport Market Report 2025 (Global Edition)

Global Road Freight Transport Market Report 2025 Market Size Split by Destination (Domestic, International), by Truckload Specification (Full-Truck-Load (FTL), Less than-Truck-Load (LTL)), by Containe...

Road Freight Transport Market Report Description

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Road Freight Transport Market Insights Video

Competitive Landscape of the Road Freight Transport Market

The competitive landscape of the road freight transport market is characterized by intense rivalry among numerous players vying for market share. Factors such as service reliability, pricing, geographic coverage, and fleet capabilities influence competitiveness. Larger companies may leverage economies of scale and extensive networks, while smaller firms focus on niche markets or specialized services. Technological advancements and customer-centric innovations are key differentiators, shaping the industry's dynamics. Overall, the market is dynamic and evolving, driven by the pursuit of efficiency, quality, and customer satisfaction.

April 2024: DHL Freight introduced its inaugural fleet of fully electric tractor-trailers, manufactured by Mercedes-Benz Trucks. The eActros 300 vehicles are now operational at the Koblenz and Hagen sites, marking a significant step towards sustainable delivery and distribution transport. One truck stationed in Hagen facilitates eco-friendly transport between the DHL branch and the Mercedes-Benz plant in Kassel, a Daimler Truck facility.

(Source: https://group.dhl.com/en/media-relations/press-releases/2024/dhl-freight-introduces-fully-electric-tractor-trailers-from-mercedes-benz-trucks.html)

Top Companies Market Share in Road Freight Transport Industry: (In no particular order of Rank)

• Operadores Logisticos De Carga S OPL Carga S.A.S.
• Coordinadora Mercantil S.A.
• CEVA Logistics
• TCC S.A.S.
• Transportes Vigia Sociedad Por Acciones Simplificada S.A.S.
• Transportes Sanchez Polo S.A.
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Road freight transport Market

Which Region Dominates the Road freight transport Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to several factors. Firstly, the region's robust economic growth fuels demand for goods transportation, particularly in industries like manufacturing, retail, and e-commerce. Secondly, extensive road networks and advanced infrastructure enhance the efficiency of freight operations, facilitating seamless movement of goods across vast distances. Additionally, technological innovations and the adoption of automation solutions drive operational excellence and cost savings for companies. Moreover, favorable regulatory frameworks and trade agreements promote cross-border trade, further boosting sales in the North American road freight transport market.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Road freight transport market. The burgeoning e-commerce sector and shifting consumer preferences towards online shopping drive the need for efficient last-mile delivery solutions, propelling sales in the road freight transport market. Moreover, government initiatives aimed at improving transportation infrastructure and connectivity further stimulate market growth. Additionally, the region's strategic location as a manufacturing hub and its expanding trade relations with other regions contribute to the surge in demand for road freight services. Overall, the Asia-Pacific region presents immense opportunities for growth and investment in the road freight transport sector.

 

The current report Scope analyzes Road Freight Transport Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Road Freight Transport

According to Cognitive Market Research, the global Road freight transport market size was estimated at USD 100258.20 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 40103.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.

• According to Cognitive Market Research, The United States road freight transport market had a market share of USD 31,641.49 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. In the U.S., road freight transport sales will increase due to a thriving manufacturing sector, extensive trade networks, and robust consumer demand, supported by investments in infrastructure and technological advancements.
• Canada road freight transport market had a market share of USD 4,812.39 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. Canada's road freight transport sales will rise owing to increased demand from industries like mining and forestry, spurred by infrastructure development projects and trade agreements, facilitating cross-border transportation. Mexico road freight transport market had a market share of USD 3,649.40 million in 2024 and is projected to grow at a CAGR of 6.2% during the forecast period.

Europe Road Freight Transport

According to Cognitive Market Research, the global Road freight transport market size was estimated at USD 100258.20 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 30077.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.

• United Kingdom road freight transport market had a market share of USD 5,053.01 million in 2024 and is projected to grow at a CAGR of 6.8% during the forecast period. In the UK, sales of road freight transport will increase due to the country's strategic location, efficient logistics infrastructure, and growing e-commerce sector, driving demand for reliable and timely delivery services.
• France road freight transport market had a market share of USD 2,767.13 million in 2024 and is projected to grow at a CAGR of 5.2% during the forecast period. Germany road freight transport market had a market share of USD 5,955.34 million in 2024 and is projected to grow at a CAGR of 6.2% during the forecast period. Germany's road freight transport sales will grow due to its position as a manufacturing powerhouse, supported by investments in sustainable transport solutions and innovations in logistics technology. Italy road freight transport market had a market share of USD 2,586.66 million in 2024 and is projected to grow at a CAGR of 5.4% during the forecast period. Russia road freight transport market had a market share of USD 4,662.01 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Spain road freight transport market had a market share of USD 2,466.35 million in 2024 and is projected to grow at a CAGR of 5.1% during the forecast period. Luxembourg road freight transport market had a market share of USD 932.40 million in 2024 and is projected to grow at a CAGR of 6.1% during the forecast period. Portugal road freight transport market had a market share of USD 631.63 million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period. Greece road freight transport market had a market share of USD 360.93 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. Rest of Europe road freight transport market had a market share of USD 4,662.01 million in 2024 and is projected to grow at a CAGR of 4.7% during the forecast period.

Asia Pacific Road Freight Transport

According to Cognitive Market Research, the global Road freight transport market size was estimated at USD 100258.20 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 23059.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2031.

• According to Cognitive Market Research, China road freight transport market had a market share of USD 10,376.72 million in 2024 and is projected to grow at a CAGR of 9.0% during the forecast period. In China, road freight transport sales will increase due to the country's expanding economy, rising consumer demand, and government initiatives to modernize transportation infrastructure, facilitating efficient goods distribution across vast distances.
• Japan road freight transport market had a market share of USD 3,182.20 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. India road freight transport market had a market share of USD 2,767.13 million in 2024 and is projected to grow at a CAGR of 11.3% during the forecast period. India's road freight transport sales will rise due to rapid industrialization, urbanization, and increasing consumer spending, supported by government investments in infrastructure and logistics development projects. South Korea road freight transport market had a market share of USD 2,305.94 million in 2024 and is projected to grow at a CAGR of 8.6% during the forecast period. Australia road freight transport market had a market share of USD 1,199.09 million in 2024 and is projected to grow at a CAGR of 9.2% during the forecast period. South East Asia road freight transport market had a market share of USD 1,591.10 million in 2024 and is projected to grow at a CAGR of 10.5% during the forecast period. Rest of Asia Pacific road freight transport market had a market share of USD 1,637.22 million in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period.

South America Road Freight Transport

According to Cognitive Market Research, the global Road freight transport market size was estimated at USD 100258.20 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 5012.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.

• According to Cognitive Market Research, Brazil road freight transport market had a market share of USD 2,145.53 million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. Brazil's road freight transport sales will increase due to a rebounding economy, infrastructure investments, and demand from industries like agriculture and mining, driving the need for efficient transportation solutions.
• Argentina road freight transport market had a market share of USD 842.17 million in 2024 and is projected to grow at a CAGR of 7.8% during the forecast period. In Argentina, road freight transport sales will grow owing to expanding trade relations, investments in infrastructure, and demand from industries such as automotive and agriculture, requiring reliable transportation services. Colombia road freight transport market had a market share of USD 446.15 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. Peru road freight transport market had a market share of USD 411.06 million in 2024 and is projected to grow at a CAGR of 7.1% during the forecast period. Chile road freight transport market had a market share of USD 360.93 million in 2024 and is projected to grow at a CAGR of 7.2% during the forecast period. Rest of Latin America road freight transport market had a market share of USD 807.08 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period.

Middle East Road Freight Transport

According to Cognitive Market Research, the global Road freight transport market size was estimated at USD 100258.20 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 2005.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.

• GCC Countries road freight transport market had a market share of USD 858.21 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. GCC Countries' road freight transport sales will rise due to infrastructure development projects, expanding trade volumes, and increasing demand from industries like construction and oil & gas, driving the need for efficient logistics solutions.
• Egypt road freight transport market had a market share of USD 210.54 million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. South Africa road freight transport market had a market share of USD 316.82 million in 2024 and is projected to grow at a CAGR of 8.2% during the forecast period. South Africa's road freight transport sales will increase due to its role as a regional trade hub, infrastructure investments, and demand from sectors like mining and manufacturing, supporting the growth of the logistics industry. Turkey road freight transport market had a market share of USD 172.44 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. Nigeria road freight transport market had a market share of USD 210.54 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. Rest of MEA road freight transport market had a market share of USD 236.61 million in 2024 and is projected to grow at a CAGR of 6.2% during the forecast period.

Road Freight Transport Market Analysis

Road freight transport Market Destination Segment Analysis

According to Cognitive Market Research, domestic stands out as the dominating category due to its consistent demand driven by local manufacturing, retail, and distribution activities. Factors such as just-in-time inventory management and growing consumerism contribute to increased sales within this segment. Additionally, infrastructure developments and government investments in road networks further boost the efficiency and accessibility of domestic transportation, driving up demand for road freight services.

International emerges as the fastest-growing category in the road freight transport market owing to globalization and expanding trade networks. Cross-border e-commerce, trade agreements, and outsourcing trends propel the demand for international freight services. Furthermore, advancements in technology facilitate seamless customs clearance and logistics management, making international transportation more efficient and accessible. Additionally, the rise of emerging markets and their integration into global supply chains contribute to the rapid growth of this segment.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Road Freight Transport Industry. Request a Free Sample PDF!

Road freight transport Market Truckload Specification Segment Analysis

According to Cognitive Market Research, the dominating category is full-truck-load (FTL) due to its efficiency and cost-effectiveness for transporting large volumes of goods. Increasing demand from industries like manufacturing and retail, which require bulk shipments, drives sales in this segment. Moreover, FTL offers faster transit times and reduced handling, appealing to businesses seeking reliable and expedited delivery options.

The fastest-growing category in the road freight transport market is less than-truck-load (LTL) due to the rising popularity of online shopping and smaller batch sizes. LTL allows businesses to ship smaller quantities of goods cost-effectively, catering to the demand for flexible and on-demand logistics solutions. Additionally, LTL services provide better access to remote areas and offer consolidation options, appealing to businesses looking to optimize their supply chain efficiency while minimizing costs.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Road Freight Transport Containerization Segment Analysis

Road freight transport Market Containerization Segment Analysis

According to Cognitive Market Research, the dominating category is non-containerized due to its versatility and suitability for transporting oversized or irregularly shaped cargo. Industries like construction, mining, and agriculture heavily rely on non-containerized transport for their specialized goods, contributing to sustained sales in this segment. Additionally, non-containerized transport offers greater flexibility in loading and unloading processes, accommodating diverse cargo types and providing cost-effective solutions for businesses with unique shipping requirements.

The fastest-growing category in the road freight transport market is containerized due to several factors. Firstly, the globalization of trade and the expansion of manufacturing activities drive the demand for containerized transport, particularly for standardized cargo units. Secondly, the efficiency and reliability of containerization streamline logistics operations, reducing transit times and minimizing handling costs. Moreover, containerized transport facilitates intermodal connectivity, enabling seamless integration with other modes of transportation like rail and maritime, further bolstering its appeal to businesses seeking efficient and integrated supply chain solutions.

• Containerized
• Non-Containerized

Road Freight Transport Distance Segment Analysis

Road freight transport Market Distance Segment Analysis

According to Cognitive Market Research, the dominating category is short haul due to its suitability for transporting goods over shorter distances efficiently and cost-effectively. Industries located in close proximity to their markets, such as retail and perishable goods, heavily rely on short haul transport for timely deliveries, contributing to consistent sales in this segment. Additionally, short haul transport minimizes transit times and reduces fuel consumption, appealing to businesses seeking environmentally friendly and sustainable logistics solutions.

The fastest-growing category in the road freight transport market is long haul due to several factors. Firstly, the globalization of supply chains and the expansion of e-commerce drive the demand for long haul transport, particularly for transporting goods over extended distances. Secondly, advancements in technology and infrastructure improvements enhance the efficiency and reliability of long haul logistics operations, reducing transit times and increasing the attractiveness of long haul transport for businesses seeking timely and cost-effective delivery solutions. Moreover, the rise of just-in-time inventory management practices and the need for seamless integration with global supply chains further contribute to the growth of long haul road freight transport.

• Long Haul
• Short Haul

Road Freight Transport Goods Configuration Segment Analysis

Road freight transport Market Goods Configuration Segment Analysis

According to Cognitive Market Research, the dominating category is solid goods due to its prevalence in industries such as manufacturing, construction, and mining. The demand for solid goods transport remains consistent as these industries require the transportation of raw materials, machinery, and finished products over road networks. Additionally, solid goods transport offers versatility and reliability, catering to a wide range of cargo types and providing essential logistical support to various sectors of the economy.

The fastest-growing category in the road freight transport market is fluid goods due to several factors. Firstly, the expansion of industries such as chemicals, petroleum, and food processing drives the demand for fluid goods transport, particularly for transporting liquids, gases, and other fluid materials. Secondly, technological advancements in storage and handling equipment enhance the efficiency and safety of fluid goods transport, reducing transit times and minimizing the risk of spills or contamination. Moreover, stringent regulations on the transportation of hazardous materials and perishable goods further bolster the demand for fluid goods transport, as businesses seek reliable and compliant logistics solutions.

• Fluid Goods
• Solid Goods

Road Freight Transport Temperature Control Segment Analysis

Road freight transport Market Temperature Control Segment Analysis

According to Cognitive Market Research, the dominating category is non-temperature controlled due to its versatility, serving industries like retail and construction with goods that don't require specific temperature conditions. The demand for non-temperature controlled transport remains steady as businesses rely on it for cost-effective logistics solutions. Moreover, non-temperature controlled transport offers flexibility, accommodating various types of cargo and providing reliable transportation for a wide range of goods, from dry goods to equipment and machinery.

The fastest-growing category in the road freight transport market is temperature controlled due to increasing demand from industries like pharmaceuticals, food and beverage, and healthcare. The need to maintain precise temperature conditions for perishable goods and sensitive materials drives the growth of temperature controlled transport. Additionally, advancements in refrigeration technology ensure the integrity and quality of temperature-sensitive cargo during transit, boosting confidence among businesses seeking reliable and compliant logistics solutions. Moreover, stringent regulatory requirements for the transportation of perishable goods further propel the demand for temperature controlled transport as businesses prioritize safety and compliance in their supply chain operations.

• Non-Temperature Controlled
• Temperature Controlled

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

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