The report presents a comprehensive overview of industry trends, growth share and the competitive landscape in 200 pages.
“Road Haulage Market” report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Road Haulage Market by region.
Global Road Haulage Market is valued approximately USD 14.19 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.00% over the forecast period 2022-2029.
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Road Haulage is known as transportation of goods via road. Thus, the major driving factors for the market are rising e-commerce industry which increase the demand for road haulage, and rising automation industry and transportation industry. Moreover, adoption of self-driving trucks is creating lucrative growth opportunity for the market over the forecast period.
According to Statista, in 2020, the sales of e-commerce were USD 4,938 billion which is predicted to increase up to USD 6,767 billion in 2023. Along with this, according to the same source, the coronavirus pandemic caused a decline in the logistics sector’s size in 2020, which was close to USD 5.68 trillion. The logistics sector is expected to generate more than USD 6.74 billion in revenue by 2024. However, it causes pollution which is harmful for the environment. Thus, the above-mentioned factor is stifles market growth throughout the forecast period of 2022-2029. Along with this, it increases the risk associated with accidents which is limiting the market growth over the forecast period.
The key regions considered for the Global Road Haulage Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the space in terms of revenue, owing to the rise is attributed to the region’s expanding foreign investments and better transportation infrastructure. Furthermore, the need for efficient road haulage services is being further fueled by the fast-expanding e-commerce sector in developing nations like China and India. North America is expected to grow significantly during the forecast period, owing to factors such as the regional market, which is currently seeing solid expansion, is projected to hold onto a sizeable portion of the market. The regional market’s development possibilities may be linked to the region’s extensive highway system as well as the region’s growing quantity and breadth of commercial operations.
Major market players included in this report are:
- CONCOR
- Kindersley Transport Ltd.
- Gosselin Group
- LKW WALTER International Transport organization AG
- Monarch Transport
- AM Cargo
- Manitoulin Transport Inc.
- SLH Transport Inc.
- Woodside Logistics Group
- UK Haulier
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
International Road Haulage
Domestic Road Haulage
By Vehicle:
Light Commercial Vehicles
Heavy Commercial Vehicles
By Application:
Mining & Construction
Oil & Gas
Food & Beverage
Retail
Manufacturing
Healthcare
Automotive
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market:The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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