KSA Trucking (Road Freight) Market - Industry Trends and Forecast to 2031

KSA Trucking (Road Freight) Market - Industry Trends and Forecast to 2031

KSA trucking (road freight) market is expected to reach USD 13,036.30 million by 2031 from USD 8,196.00 million in 2023, growing with a substantial CAGR of 6.1% in the forecast period of 2024 to 2031.

Market Segmentation
KSA Trucking (Road Freight) Market, By Service Type (Transportation, Warehousing and Distribution, Freight Forwarding, and Others), Type of Carrier (Less than Truckload (LTL), Full Truckload (FTL), Partial Truckload (PTL), and Specialized Freight), Vehicle Type (Heavy Duty Commercial Trucks, Medium Duty Commercial Trucks, and Light Duty Commercial Trucks), Truck Type (Tanker Truck, Box Truck, Refrigerated Truck, Semi-Trailer Truck, Flatbeds Truck, Liftgate Trucks, and Others), Type of Goods (Road Transport of Foodstuffs, ADR Road Transport of Dangerous Goods, and General Goods), Type of Road Freight (Dry Goods Road Transport, Road Transport of Bulk Cargo, and Heavy Goods Transport), Operation (Domestic and International), Customer Type (B2B, B2C, and E-Commerce & Last Mile Delivery), Business Model (Asset-Based Carriers and Non-Asset-Based Carriers) Distance (More Than 500 Miles, 201 Miles-500 Miles, 101 Miles – 200 Miles, 50 Mile – 100 Miles, and Less Than 50 Miles), Industry (Oil & Gas, Manufacturing, Food & Beverages, Mining, Energy & Utility, Fast Moving Consumer Goods (FMCG), Healthcare, E-Commerce, Chemical, Automotive, IT & Telecom, Retail, Transportation, Defense, Electronics, Apparels & Footwear, and Others), Country (KSA) - Industry Trends and Forecast to 2031
Overview of KSA Trucking (Road Freight) Market Dynamics
Driver
• Growth in e-commerce sector boosting the road freight/trucking services

Restraint
• Stringent government regulations

Opportunity
• Increasing demand for cold chain logistics

Market Players

Some of the major market player operating in the KSA trucking (road freight) market are:
• Kuehne+Nagel
• CEVA Logistics
• DHL
• DSV
• Abdul Latif Jameel
• Sinotrans Co., Ltd
• GAC
• FedEx
• SEKO Logistics
• United Parcel Service of America, Inc.
• Hellmann
• JAS
• DB SCHENKER
• BOLLORÉ LOGISTI
• Fourwinds
• Ardian Global Express LLC.
• NTF GROUP
• Defaf Logistics
• WeFreight
• Freights Solutions Co.

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