Global Road Haulage Market Report and Forecast 2024-2032

Global Road Haulage Market Report and Forecast 2024-2032



Market Outlook

According to the report by Expert Market Research (EMR), the global road haulage market is projected to grow at a CAGR of 5.9 between 2024 and 2032. Aided by growing popularity of electric truck and vehicles and improvement in roadways worldwide, the market is expected to grow significantly by 2032.

Road haulage pertains to the transportation of goods by road, predominantly using trucks and lorries. As one of the most versatile and direct modes of transportation, road haulage has consistently been the preferred choice for many industries, particularly when distances are moderate, and timely deliveries are paramount. The versatility of road transport, which can handle both short hauls and long hauls, combined with its door-to-door delivery capability, has established its undeniable importance in the logistics chain.

One of the most influential factors propelling the global road haulage market growth is the astronomical growth of e-commerce. As consumers continue to prefer online shopping for its convenience and variety, there has been a corresponding increase in demand for efficient delivery mechanisms. Road haulage, offering flexibility and rapid delivery times, fits perfectly into this ecosystem, aiding e-commerce giants in fulfilling their delivery promises.

Furthermore, as global trade flourishes, products manufactured in one region are often in demand in another. Road transport, being a crucial part of the multimodal transport system, ensures the smooth movement of these goods, especially within continents. The rapid industrialisation in emerging economies has led to an uptick in production and, correspondingly, the movement of raw materials and finished goods, necessitating efficient road haulage systems.

The burgeoning trends in the retail and fast-moving consumer goods (FMCG) sectors also drive the road haulage market demand. With just-in-time delivery models gaining traction, retailers rely heavily on road transportation to restock their shelves, ensuring minimal lead times and maximising inventory turnover.

Innovations in the vehicle sector, including the development and adoption of electric and hybrid trucks, have given a fresh perspective for the road haulage market expansion. Such advancements promise not only environmental benefits but also operational cost reductions in the long run, making road transportation even more appealing.

In the backdrop of the current sustainability movement, the road haulage sector is also undergoing a transformation. Carbon-neutral transportation options, eco-friendly fuels, and energy-efficient vehicles are no longer mere buzzwords but are slowly becoming industry standards. Major players in the global road haulage market are investing in R&D to reduce the carbon footprint and contribute to a more sustainable future.

Market Segmentation

The market can be divided based on type, vehicle type, application, and region.

Market Breakup by Type
  • Domestic
  • International
  • Others
Market Breakup by Vehicle Type
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
Market Breakup by Application
  • Automotive
  • Mining and Construction
  • Healthcare
  • Oil and Gas
  • Retail
  • Food and Beverage
  • Others
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global road haulage market. Some of the major players explored in the report by Expert Market Research are as follows:
  • J.B. Hunt Transport, Inc.
  • Knight-Swift Transportation Holdings Inc.
  • Yellow Corporation
  • Schenker AG
  • Landstar System Holdings, Inc.
  • Kuehne + Nagel International AG
  • Seino Holdings Co., Ltd.
  • Old Dominion Freight Line, Inc.
  • Kindersley Transport Ltd.
  • Gosselin Group
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Industry Opportunities and Challenges
8 Global Road Haulage Market Analysis
8.1 Key Industry Highlights
8.2 Global Road Haulage Historical Market (2018-2023)
8.3 Global Road Haulage Market Forecast (2024-2032)
8.4 Global Road Haulage Market by Type
8.4.1 Domestic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 International
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Others
8.5 Global Road Haulage Market by Vehicle Type
8.5.1 Light Commercial Vehicle
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Heavy Commercial Vehicle
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 Global Road Haulage Market by Application
8.6.1 Automotive
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Mining and Construction
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Healthcare
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Oil and Gas
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Retail
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
8.6.6 Food and Beverage
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2018-2023)
8.6.6.3 Forecast Trend (2024-2032)
8.6.7 Others
8.7 Global Road Haulage Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
9 North America Road Haulage Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Road Haulage Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Road Haulage Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Road Haulage Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Road Haulage Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 J.B. Hunt Transport, Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Knight-Swift Transportation Holdings Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Yellow Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Schenker AG
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Landstar System Holdings, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Kuehne + Nagel International AG
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Seino Holdings Co., Ltd.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Old Dominion Freight Line, Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Kindersley Transport Ltd.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Gosselin Group
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and
Tables
1. Global Road Haulage Market: Key Industry Highlights, 2018 and 2032
2. Global Road Haulage Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Road Haulage Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Road Haulage Historical Market: Breakup by Vehicle Type (USD Million), 2018-2023
5. Global Road Haulage Market Forecast: Breakup by Vehicle Type (USD Million), 2024-2032
6. Global Road Haulage Historical Market: Breakup by Application (USD Million), 2018-2023
7. Global Road Haulage Market Forecast: Breakup by Application (USD Million), 2024-2032
8. Global Road Haulage Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Road Haulage Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Road Haulage Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Road Haulage Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Road Haulage Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Road Haulage Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Road Haulage Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Road Haulage Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Road Haulage Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Road Haulage Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Road Haulage Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Road Haulage Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Road Haulage Market Structure

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