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Road Haulage Market Value, Trends [2028], Economy, Expansion, Leader

01-24-2024 06:53 AM CET | Industry, Real Estate & Construction

Press release from: TechSci Research Pvt Ltd

Global Road Haulage Market stood at USD 8.89 billion in 2022 and is expected to grow with a CAGR of 6.19% in the forecast period 2

Global Road Haulage Market stood at USD 8.89 billion in 2022 and is expected to grow with a CAGR of 6.19% in the forecast period 2

According to TechSci Research report, "𝐑𝐨𝐚𝐝 𝐇𝐚𝐮𝐥𝐚𝐠𝐞 𝐌𝐚𝐫𝐤𝐞𝐭- Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028", 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐨𝐚𝐝 𝐇𝐚𝐮𝐥𝐚𝐠𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐬𝐭𝐨𝐨𝐝 𝐚𝐭 𝐔𝐒𝐃 𝟖.𝟖𝟗 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟐 𝐚𝐧𝐝 𝐢𝐬 𝐚𝐧𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐰𝐢𝐭𝐡 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟔.𝟏𝟗% 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝. Urbanization and population growth are key drivers of the global road haulage market. As more people migrate to urban areas and the global population continues to expand, there is an increasing demand for the movement of goods to support urban living and consumer needs. Here's how these factors drive the road haulage market.

Urbanization Impact such as, Urban dwellers tend to rely more on purchased goods and services, including food, clothing, and electronics, leading to a higher volume of goods requiring transport to urban centers. Urban areas require efficient distribution networks to stock stores, restaurants, and businesses. Road haulage companies play a central role in ensuring a continuous flow of goods to meet the needs of urban populations. The concentration of consumers in urban areas intensifies the demand for last-mile delivery services, with road haulage companies delivering packages directly to homes and businesses.

Technological advancements in fleet management and transportation logistics have become significant drivers of the global road haulage market. The adoption of advanced technologies is transforming the industry and enhancing its efficiency and competitiveness. Technological Impact such as Road haulage companies are increasingly using telematics and GPS systems to track and monitor vehicles in real-time. This technology enables optimized route planning, fuel efficiency improvements, and enhanced safety. Advanced data analytics tools provide valuable insights into fleet performance, allowing companies to make data-driven decisions, predict maintenance needs, and optimize their operations.

Automation technologies, including autonomous vehicles and driver assistance systems, have the potential to improve safety and reduce labor costs in the long term, making the road haulage industry more efficient and competitive. Technology is driving the adoption of greener practices, such as electric and hybrid vehicles, reducing the environmental impact of road haulage operations.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐨𝐯𝐞𝐫 𝐗𝐗 𝐦𝐚𝐫𝐤𝐞𝐭 𝐝𝐚𝐭𝐚 𝐅𝐢𝐠𝐮𝐫𝐞𝐬 𝐬𝐩𝐫𝐞𝐚𝐝 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐗𝐗 𝐏𝐚𝐠𝐞𝐬 𝐚𝐧𝐝 𝐚𝐧 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡 𝐓𝐎𝐂 𝐨𝐧"Global Road Haulage Market." @ https://www.techsciresearch.com/report/road-haulage-market/20426.html

𝐓𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐨𝐚𝐝 𝐇𝐚𝐮𝐥𝐚𝐠𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐢𝐧𝐭𝐨 𝐭𝐲𝐩𝐞, 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐭𝐲𝐩𝐞, 𝐞𝐧𝐝 𝐮𝐬𝐞𝐫, 𝐚𝐧𝐝 𝐫𝐞𝐠𝐢𝐨𝐧.

Based on Vehicle type, The Heavy Commercial Vehicles (HCVs) segment had the largest market share in 2022 & expected to maintain in the forecast period. Heavy Commercial Vehicles, commonly referred to as HCVs, play a pivotal role in the global road haulage market. These vehicles are the workhorses of the industry, designed to transport substantial quantities of goods over long distances. HCVs encompass a wide range of vehicles, including tractor-trailers (commonly known as semi-trucks or articulated lorries), rigid trucks, and specialized vehicles like tankers and flatbeds.

The availability of various HCV types allows road haulage companies to select the most suitable vehicle for specific cargo and route requirements, enhancing operational flexibility. HCVs are known for their substantial cargo capacity, capable of carrying large volumes of goods, both in terms of weight and volume. The high payload capacity of HCVs is essential for the cost-effective transportation of goods in bulk, such as raw materials, manufactured products, and retail merchandise. This capability is especially valuable in industries like construction, agriculture, and heavy manufacturing.

Based on end users, The Food Beverages segment had the largest market share in 2022 and is projected to experience rapid growth during the forecast period. The food and beverage industry is a significant player in the global road haulage market, relying heavily on efficient transportation networks to move raw materials, ingredients, and finished products. The food and beverage industry is a significant player in the global road haulage market, relying heavily on efficient transportation networks to move raw materials, ingredients, and finished products. The food and beverage industry often necessitates temperature-controlled transport to preserve the freshness and quality of products. Refrigerated trucks, commonly known as reefer trucks, are essential for this purpose.

Reefer trucks enable the safe transportation of perishable goods such as fruits, vegetables, dairy products, and frozen foods. They play a critical role in maintaining the integrity of the supply chain and ensuring that consumers receive safe and high-quality food products. The food and beverage sector frequently relies on just-in-time (JIT) delivery to minimize inventory holding costs and reduce food waste. Road haulage companies specializing in JIT deliveries play a vital role in ensuring that food products reach retailers and restaurants on schedule, optimizing supply chain efficiency, and reducing excess inventory.

𝐌𝐚𝐣𝐨𝐫 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐨𝐚𝐝 𝐇𝐚𝐮𝐥𝐚𝐠𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:
1. Deutsche Post AG
2. Kuehne + Nagel International AG
3. Schenker AG
4. United Parcel Service, Inc.
5. FedEx Corporation
6. Ceva Logistics SA
7. Panalpina Welttransport Holding AG
8. Nippon Express Co., Ltd.
9. CMA CGM Group
10. Expeditors International

𝐓𝐨 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐑𝐄𝐄 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭📥 @ https://www.techsciresearch.com/sample-report.aspx?cid=20426

𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫𝐬 𝐜𝐚𝐧 𝐚𝐥𝐬𝐨 𝐫𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝟏𝟎% 𝐟𝐫𝐞𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭.

"The Global Road Haulage market is expected to rise in the upcoming years and register a significant CAGR during the forecast period. Economic growth serves as a primary driver of the Road Haulage market. As economies expand, so do the production and distribution of goods. This necessitates a robust and flexible transportation network, with road haulage playing a central role. Growing economies lead to increased manufacturing, consumer spending, and international trade, all of which generate higher demand for the movement of goods. Road haulage is pivotal in transporting raw materials to manufacturing plants, delivering finished products to retailers, and facilitating international trade by transporting goods to ports and border crossings.

Additionally, economic growth spurs construction and infrastructure development, further increasing the need for road haulage services to transport construction materials and equipment. In essence, the Road Haulage market closely mirrors the trajectory of economic growth, expanding and adapting to meet the escalating demand for the efficient movement of goods, both domestically and across borders, making it an indispensable component of the global supply chain. Therefore, the market of Road Haulage is expected to boost in the upcoming years.," said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

"𝐑𝐨𝐚𝐝 𝐇𝐚𝐮𝐥𝐚𝐠𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 - 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐒𝐢𝐳𝐞, 𝐒𝐡𝐚𝐫𝐞, 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲, 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭, 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐁𝐲 𝐓𝐲𝐩𝐞 (𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐑𝐨𝐚𝐝 𝐇𝐚𝐮𝐥𝐚𝐠𝐞, 𝐃𝐨𝐦𝐞𝐬𝐭𝐢𝐜 𝐑𝐨𝐚𝐝 𝐇𝐚𝐮𝐥𝐚𝐠𝐞), 𝐁𝐲 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐓𝐲𝐩𝐞 (𝐋𝐢𝐠𝐡𝐭 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐕𝐞𝐡𝐢𝐜𝐥𝐞𝐬, 𝐇𝐞𝐚𝐯𝐲 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐕𝐞𝐡𝐢𝐜𝐥𝐞𝐬) 𝐁𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞𝐫 (𝐌𝐢𝐧𝐢𝐧𝐠 𝐂𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧, 𝐎𝐢𝐥 𝐆𝐚𝐬, 𝐅𝐨𝐨𝐝 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞𝐬, 𝐑𝐞𝐭𝐚𝐢𝐥, 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠, 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞, 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞, 𝐎𝐭𝐡𝐞𝐫𝐬), 𝐁𝐲 𝐑𝐞𝐠𝐢𝐨𝐧, 𝐁𝐲 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 & 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬, 𝟐𝟎𝟏𝟖-𝟐𝟎𝟐𝟖𝐅", has evaluated the future growth potential of Global Road Haulage Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers make sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Road Haulage Market.

𝐘𝐨𝐮 𝐦𝐚𝐲 𝐚𝐥𝐬𝐨 𝐫𝐞𝐚𝐝:
𝐔𝐀𝐄 𝐒𝐜𝐫𝐚𝐭𝐜𝐡-𝐑𝐞𝐬𝐢𝐬𝐭𝐚𝐧𝐭 𝐆𝐥𝐚𝐬𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 [𝟐𝟎𝟐𝟖] - 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐓𝐫𝐞𝐧𝐝𝐬, & 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 @ https://www.techsciresearch.com/report/uae-scratch-resistant-glass-market/2869.html

𝐌𝐞𝐭𝐚𝐥 𝐈𝐧𝐣𝐞𝐜𝐭𝐢𝐨𝐧 𝐌𝐨𝐥𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 [𝟐𝟎𝟐𝟖], 𝐊𝐞𝐲 𝐓𝐞𝐫𝐦𝐬 @ https://www.techsciresearch.com/report/global-metal-injection-moulding-market/2251.html

𝐏𝐥𝐚𝐬𝐭𝐢𝐜 𝐏𝐢𝐩𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 | [𝟐𝟎𝟐𝟖] 𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥, 𝐓𝐫𝐞𝐧𝐝𝐬 @ https://www.techsciresearch.com/report/plastic-pipes-market/20434.html

𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭-𝐑𝐨𝐚𝐝 𝐇𝐚𝐮𝐥𝐚𝐠𝐞 𝐌𝐚𝐫𝐤𝐞𝐭
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Global Road Haulage Market Outlook
5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Type (International Road Haulage, Domestic Road Haulage),

5.2.2. By Vehicle Type (Light Commercial Vehicles, Heavy Commercial Vehicles)

5.2.3. By End User (Mining Construction, Oil Gas, Food Beverages, Retail, Manufacturing, Healthcare, Automotive, Others)

5.2.4. By Region

5.2.5. By Company (2022)

5.3. Market Map

North America Road Haulage Market Outlook
6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type

6.2.2. By Vehicle Type

6.2.3. By End User

6.2.4. By Country

6.3. North America: Country Analysis

6.3.1. United States Road Haulage Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Type

6.3.1.2.2. By Vehicle Type

6.3.1.2.3. By End User

6.3.2. Canada Road Haulage Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Type

6.3.2.2.2. By Vehicle Type

6.3.2.2.3. By End User

6.3.3. Mexico Road Haulage Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Type

6.3.3.2.2. By Vehicle Type

6.3.3.2.3. By End User

𝐂𝐨𝐧𝐭𝐚𝐜𝐭
Techsci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
𝐓𝐞𝐥: +1-332-258-6602
𝐄𝐦𝐚𝐢𝐥: sales@techsciresearch.com
𝐖𝐞𝐛𝐬𝐢𝐭𝐞: www.techsciresearch.com

TechSci Research is a research based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries.

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Increasing demand for attractive outdoor spaces, rising disposable incomes, and growing environmental awareness are driving the global lawn & gardening consumables market from 2025 to 2029. TechSci Research's report, "Global Lawn & Gardening Consumables Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029", the market was valued at USD 21.5 Billion in 2023 and is expected to grow at a CAGR of 3.1% during the forecast period. The sector

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Minnesota Road Show
June 21, 2019 - Phoenix, AZ –Brian LoManto, Logistics Director and Laboratory Manager, visited clinics in the Rochester and Minneapolis, Minnesota area from May 27-30. Among the clinics located in Minnesota, he visited the Midwest Center for Reproductive Health and Mayo Clinic. For each clinic visited, it is themission of The World Egg Bank (TWEB) to educate them on the advantages of working with a dedicated egg bank, not just
Road Roller Market by Product Type (Static Road Roller, Tire Road Roller, Single …
A road roller, also known as roller-compactor or roller is a compactor type engineering vehicle, which is used to compact soil, gravel, concrete, or asphalt in construction of roads and foundations. In addition, road rollers are also used at landfills and in agriculture. The rolling process ensures that foundations are compacted thoroughly so the materials are compact, and do not come loose. Rollers are equipped with basic features such as
Road Safety Market - Flourishing Growth of Road Safety & Forecast 2017 - 2025
Global Road Safety Market: Snapshot The constant need for road safety and public security are prompting governments to impose stringent regulations. These regulations are, in turn, encouraging the growth of the global road safety market. The increasing number of passengers, congestion, and traffic on the road, particularly on bridges and highway, is promoting the deployment of road safety systems and solutions. Moreover, the flourishing growth of the transportation sector is positively
Road Aggregate Market Size 2017 Hanlon Concrete, Wharehine, Rock Road Companies
Road Aggregate market research 2017 Recent market study " Global Road Aggregate Market 2017" analyses the crucial factors of the Road Aggregate market based on present industry situations, market demands, business strategies adopted by Road Aggregate market players and their growth scenario. This report isolates the Road Aggregate market based on the key players, Type, Application and Regions. The Road Aggregate report provides the past, present and future Road Aggregate industry
Road Marking Materials Market - Rising Awareness about Road Safety to Drive Dema …
The global market for road marking materials features a largely consolidated competitive landscape, with the top five companies collectively accounting for a nearly 65% of the overall market in 2015, observes a recent report by Transparency Market Research (TMR). The leading revenue generator in the market, The Sherwin-Williams Company, held a nearly 18.5% of the global market’s total revenue in the said year. The rising demand for environmentally neutral products is
Road Machinery Sales Market 2017 : covering, Road Machinery LLC, Roadtec, Gledhi …
Road Machinery Sales Market Research Report A market study based on the " Road Machinery Sales Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Road Machinery Sales Market 2017’. The research report analyses the historical as well as present performance of the worldwide Road Machinery Sales industry, and makes predictions on the future status of Road Machinery Sales market on the basis of