Global Trucking
Market Report
2025
Delivery Includes:- Market Timeline 2021 till 2033, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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"Global Trucking market size 2025 is $13429 Billion whereas according out published study it will reach to $20813.3 Billion by 2033. Trucking market will be growing at a CAGR of 5.63% during 2025 to 2033."
As per the current market study, out of 13429 Billion USD global market revenue 2025, North America market holds 38.60% of the market share. The North America Trucking industry grew from 4260.81 Billion USD in 2021 to 5183.59 Billion USD in 2025 and will record 82.20% growth. In coming future this industry will reach 7721.75 Billion by 2033 with a 5.108% CAGR. If we look at the percentage market shares of top North America countries for 2025,United States (68.50%), Canada (24.00%), Mexico (7.50%)
As per the current market study, out of 13429 Billion USD global market revenue 2025, Europe market holds 19.00% of the market share. The Europe Trucking industry grew from 2092.65 Billion USD in 2021 to 2551.51 Billion USD in 2025 and will record 82.02% growth. In coming future this industry will reach 3808.84 Billion by 2033 with a 5.136% CAGR. If we look at the percentage market shares of top Europe countries for 2025,United Kingdom (20.10%), Germany (17.90%), France (13.20%), Italy (10.50%), Russia (4.80%), Spain (9.60%), Sweden (5.60%), Denmark (4.50%), Switzerland (6.30%), Luxembourg (1.70%), Rest of Europe (5.80%)
As per the current market study, out of 13429 Billion USD global market revenue 2025, Asia Pacific market holds 29.50% of the market share. The Asia Pacific Trucking industry grew from 3074.25 Billion USD in 2021 to 3961.55 Billion USD in 2025 and will record 77.60% growth. In coming future this industry will reach 6556.2 Billion by 2033 with a 6.5% CAGR. If we look at the percentage market shares of top Asia Pacific countries for 2025,China (38.00%), Japan (19.80%), India (11.70%), South Korea (12.30%), Australia (5.20%), Singapore (2.90%), South East Asia (4.80%), Taiwan (3.20%), Rest of APAC (2.10%)
As per the current market study, out of 13429 Billion USD global market revenue 2025, South America market holds 5.90% of the market share. The South America Trucking industry grew from 625.637 Billion USD in 2021 to 792.311 Billion USD in 2025 and will record 78.96% growth. In coming future this industry will reach 1248.8 Billion by 2033 with a 5.852% CAGR. If we look at the percentage market shares of top South America countries for 2025,Brazil (45.90%), Argentina (16.80%), Colombia (9.40%), Peru (6.20%), Chile (11.50%), Rest of South America (10.20%)
As per the current market study, out of 13429 Billion USD global market revenue 2025, Middle East market holds 4.10% of the market share. The Middle East Trucking industry grew from 431.474 Billion USD in 2021 to 550.589 Billion USD in 2025 and will record 78.37% growth. In coming future this industry will reach 894.974 Billion by 2033 with a 6.261% CAGR. If we look at the percentage market shares of top Middle East countries for 2025,Saudi Arabia (39.60%), Turkey (20.50%), UAE (16.70%), Egypt (10.80%), Qatar (5.20%), Rest of Middle East (7.20%)
As per the current market study, out of 13429 Billion USD global market revenue 2025, Africa market holds 2.90% of the market share. The Africa Trucking industry grew from 302.032 Billion USD in 2021 to 389.441 Billion USD in 2025 and will record 77.56% growth. In coming future this industry will reach 582.774 Billion by 2033 with a 5.168% CAGR. If we look at the percentage market shares of top Africa countries for 2025,Nigeria (25.40%), South Africa (35.10%), Rest of Africa (39.50%)
2021 | 2025 | 2033 | CAGR | |
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Global Trucking Market Sales Revenue | $ 10786.8 Billion | $ 13429 Billion | $ 20813.3 Billion | 5.63% |
North America Trucking Market Sales Revenue | $ 4260.81 Billion | $ 5183.59 Billion | $ 7721.75 Billion | 5.108% |
United States Trucking Market Sales Revenue | $ 2961.26 Billion | $ 3550.76 Billion | $ 5127.24 Billion | 4.7% |
Canada Trucking Market Sales Revenue | $ 1001.29 Billion | $ 1244.06 Billion | $ 1922.72 Billion | 5.593% |
Mexico Trucking Market Sales Revenue | $ 298.256 Billion | $ 388.77 Billion | $ 671.792 Billion | 7.076% |
Europe Trucking Market Sales Revenue | $ 2092.65 Billion | $ 2551.51 Billion | $ 3808.84 Billion | 5.136% |
United Kingdom Trucking Market Sales Revenue | $ 428.993 Billion | $ 512.854 Billion | $ 738.915 Billion | 4.671% |
Germany Trucking Market Sales Revenue | $ 380.862 Billion | $ 456.72 Billion | $ 658.93 Billion | 4.688% |
France Trucking Market Sales Revenue | $ 282.508 Billion | $ 336.799 Billion | $ 476.105 Billion | 4.422% |
Italy Trucking Market Sales Revenue | $ 219.728 Billion | $ 267.909 Billion | $ 396.12 Billion | 5.01% |
Russia Trucking Market Sales Revenue | $ 98.354 Billion | $ 122.472 Billion | $ 190.442 Billion | 5.673% |
Spain Trucking Market Sales Revenue | $ 192.524 Billion | $ 244.945 Billion | $ 403.737 Billion | 6.446% |
Sweden Trucking Market Sales Revenue | $ 119.281 Billion | $ 142.885 Billion | $ 201.869 Billion | 4.414% |
Denmark Trucking Market Sales Revenue | $ 92.077 Billion | $ 114.818 Billion | $ 182.824 Billion | 5.987% |
Switzerland Trucking Market Sales Revenue | $ 133.93 Billion | $ 160.745 Billion | $ 232.339 Billion | 4.712% |
Luxembourg Trucking Market Sales Revenue | $ 37.668 Billion | $ 43.376 Billion | $ 53.324 Billion | 2.615% |
Rest of Europe Trucking Market Sales Revenue | $ 106.725 Billion | $ 147.988 Billion | $ 274.237 Billion | 8.016% |
Asia Pacific Trucking Market Sales Revenue | $ 3074.25 Billion | $ 3961.55 Billion | $ 6556.2 Billion | 6.5% |
China Trucking Market Sales Revenue | $ 1128.25 Billion | $ 1505.39 Billion | $ 2629.04 Billion | 7.218% |
Japan Trucking Market Sales Revenue | $ 648.667 Billion | $ 784.388 Billion | $ 1147.34 Billion | 4.868% |
India Trucking Market Sales Revenue | $ 338.168 Billion | $ 463.502 Billion | $ 871.975 Billion | 8.22% |
South Korea Trucking Market Sales Revenue | $ 381.207 Billion | $ 487.271 Billion | $ 793.301 Billion | 6.282% |
Australia Trucking Market Sales Revenue | $ 166.01 Billion | $ 206.001 Billion | $ 308.142 Billion | 5.162% |
Singapore Trucking Market Sales Revenue | $ 95.302 Billion | $ 114.885 Billion | $ 157.349 Billion | 4.01% |
South East Asia Trucking Market Sales Revenue | $ 150.638 Billion | $ 190.155 Billion | $ 301.585 Billion | 5.935% |
Taiwan Trucking Market Sales Revenue | $ 104.525 Billion | $ 126.77 Billion | $ 196.686 Billion | 5.644% |
Rest of APAC Trucking Market Sales Revenue | $ 61.485 Billion | $ 83.193 Billion | $ 150.793 Billion | 7.718% |
South America Trucking Market Sales Revenue | $ 625.637 Billion | $ 792.311 Billion | $ 1248.8 Billion | 5.852% |
Brazil Trucking Market Sales Revenue | $ 288.419 Billion | $ 363.671 Billion | $ 564.458 Billion | 5.649% |
Argentina Trucking Market Sales Revenue | $ 106.984 Billion | $ 133.108 Billion | $ 202.306 Billion | 5.372% |
Colombia Trucking Market Sales Revenue | $ 55.682 Billion | $ 74.477 Billion | $ 131.124 Billion | 7.327% |
Peru Trucking Market Sales Revenue | $ 36.913 Billion | $ 49.123 Billion | $ 83.67 Billion | 6.883% |
Chile Trucking Market Sales Revenue | $ 71.323 Billion | $ 91.116 Billion | $ 147.358 Billion | 6.193% |
Rest of South America Trucking Market Sales Revenue | $ 66.318 Billion | $ 80.816 Billion | $ 119.885 Billion | 5.053% |
Middle East Trucking Market Sales Revenue | $ 431.474 Billion | $ 550.589 Billion | $ 894.974 Billion | 6.261% |
Saudi Arabia Trucking Market Sales Revenue | $ 166.117 Billion | $ 218.033 Billion | $ 372.309 Billion | 6.917% |
Turkey Trucking Market Sales Revenue | $ 89.315 Billion | $ 112.871 Billion | $ 179.89 Billion | 5.999% |
UAE Trucking Market Sales Revenue | $ 71.625 Billion | $ 91.948 Billion | $ 150.356 Billion | 6.34% |
Egypt Trucking Market Sales Revenue | $ 47.462 Billion | $ 59.464 Billion | $ 93.972 Billion | 5.887% |
Qatar Trucking Market Sales Revenue | $ 24.163 Billion | $ 28.631 Billion | $ 40.274 Billion | 4.358% |
Rest of Middle East Trucking Market Sales Revenue | $ 32.792 Billion | $ 39.642 Billion | $ 58.173 Billion | 4.911% |
Africa Trucking Market Sales Revenue | $ 302.032 Billion | $ 389.441 Billion | $ 582.774 Billion | 5.168% |
Nigeria Trucking Market Sales Revenue | $ 75.206 Billion | $ 98.918 Billion | $ 153.269 Billion | 5.626% |
South Africa Trucking Market Sales Revenue | $ 109.033 Billion | $ 136.694 Billion | $ 192.315 Billion | 4.36% |
Rest of Africa Trucking Market Sales Revenue | $ 117.792 Billion | $ 153.829 Billion | $ 237.189 Billion | 5.562% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Trucking industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Trucking Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Market Dynamics such as Drivers, Restraints, Opportunities, Trends data
The Transport and logistics industry is driven by factors such as global trade and economic growth, which increase the demand for goods to be moved across regions. Consumers also want faster, more reliable, and cheaper shipping, pushing companies to improve their services. To track these trends, businesses can look at data like freight volume, global trade growth, and the rise of e-commerce.
However, the market also faces restraints such as issues that slow down or limit growth. These challenges make it harder for companies to grow, expand, and maintain profits. By understanding these restraints, companies can plan ahead, manage risks, and adjust their operations.
The Trucking market offers opportunities for growth, driven by the rise of e-commerce and global trade. Companies can expand into emerging markets, improve their services, and reach more customers. By understanding these factors, businesses can identify areas for growth and remain competitive.
Key trends in the Trucking market include the growing use of digital technologies and a focus on sustainability. Companies are integrating innovations like IoT, AI, and big data to streamline operations and reduce their environmental footprint. By adapting to these trends, companies can grow, enhance efficiency, and meet evolving consumer demands.
We have various report editions of Trucking Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
The competitive landscape in the Trucking market refers to the structure of the industry and the nature of competition among key players. It encompasses factors like market share distribution, major competitors, competitive strategies, and how companies position themselves in the market to gain a competitive edge. It also provides recent activities such as acquisition, merger, expansion, etc and financial position of the companies. It further includes strategies implemented by competitors to mitigate the impact of the pandemic, such as cost-cutting measures, diversification of supply chains, or adoption of digital technologies. Other factors that may be included in the competitive landscape are technological advancements, innovation in offerings, regulatory compliance, market positioning, and sustainability practices. This comprehensive view enables stakeholders to gain valuable insights into the competitive dynamics and make informed decisions within the transport and logistics sector. (To read more request the sample pages or speak to analyst/author directly).
Top Companies Market Share in Trucking Industry: (In no particular order of Rank)
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.
Region and country analysis section of Trucking Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.
The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Trucking market.
The current report Scope analyzes Trucking 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
The above graph is for illustrative purposes only.
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Global Trucking Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Trucking Industry growth. Trucking market has been segmented with the help of its Type, Application , and others. Trucking market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The report provides a detailed categorization and differentiation of competitors in the Trucking market based on their offerings and business models. It will include key information for each segment, such as definitions, benefits, applications, technological advancements, regional advantages, and other related factors. Additionally, the study will present market growth figures for each type within the specified timeframe, including numerical data like market share percentages, revenue figures for each segment, and growth rates (e.g., CAGR). (For more information, request a sample of the pages or contact the analyst/author directly)
Type of Trucking analyzed in this report are as follows:
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This report forecasts revenue growth in the Trucking industry at global, regional, and national levels, analyzing the latest trends and pinpointing opportunities for each application of given timeframe. This analysis examines how business offerings utilizes to meet specific demands. Key factors to include in the by-application segment analysis are market size, growth potential, revenue contribution by application, technological advancements tailored to each industry (e.g., temperature-controlled logistics for pharmaceuticals or perishables), and regulatory requirements. Furthermore, our research team is prepared to provide additional insights, including a comprehensive analysis of the value chain specific to the Trucking industry, which will highlight key players, processes, and interdependencies across the supply chain. We also offer valuable operational benchmarks to compare performance metrics and identify best practices within the industry. Additionally, we can deliver other specialized and customized information tailored to meet the unique needs and challenges of the Trucking sector, enabling businesses to make informed decisions and stay competitive in a dynamic market. For more information, please request a sample or contact our research team.
Some of the key Application of Trucking are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Analyst at Cognitive Market Research
I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Trucking Market is witnessing significant growth in the near future.
In 2023, the Lorry Tank segment accounted for noticeable share of global Trucking Market and is projected to experience significant growth in the near future.
The Oil and Gas segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Covenant Transportation Grp, Landstar System Inc and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
where they get the advantage of expedited delivery and real-time tracking options. Overall, the e-commerce has increased the efficiency of delivery services. Ultimately, the smaller businesses struggling to remain in the market join hands with the larger companies.
Disclaimer:
Type | Lorry Tank, Truck Trailer, Refrigerated Truck, Flatbed Truck |
Application | Oil and Gas, Energy and Mining, Defense, Chemicals, Pharmaceuticals and Healthcare, Industrial and Manufacturing, Food and Beverages |
List of Competitors | Covenant Transportation Grp, Marten Transport Ltd, Landstar System Inc, Hunt (Jb) Transprt Svcs Inc, Ryder System Inc, Usa Truck Inc, Amerco, Old Dominion Freight, Knight Transportation Inc, Heartland Express Inc |
This chapter will help you gain GLOBAL Market Analysis of Trucking. Further deep in this chapter, you will be able to review Global Trucking Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Trucking. Further deep in this chapter, you will be able to review North America Trucking Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Trucking. Further deep in this chapter, you will be able to review Europe Trucking Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Trucking. Further deep in this chapter, you will be able to review Asia Pacific Trucking Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Trucking. Further deep in this chapter, you will be able to review South America Trucking Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Trucking. Further deep in this chapter, you will be able to review Middle East Trucking Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Trucking. Further deep in this chapter, you will be able to review Middle East Trucking Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Trucking. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Trucking market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
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Charts/Graphs/Numbers are only for Representative purposes and do not depict actual statistics purchase report access or contact our team Request Sample.
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Why Lorry Tank have a significant impact on Trucking market? |
What are the key factors affecting the Lorry Tank and Truck Trailer of Trucking Market? |
What is the CAGR/Growth Rate of Oil and Gas during the forecast period? |
By type, which segment accounted for largest share of the global Trucking Market? |
Which region is expected to dominate the global Trucking Market within the forecast period? |
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