Road Logistics in Asia-Pacific
Summary
Road Logistics in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Road logistics refers to transferring goods on roadways using vehicles (usually trucks). It is one of the most common modes of freight transport as it is more efficient, effective, and considerably less expensive than other modes of transportation, such as air freight. Market value refers to revenue generated by market players in a specific year.
- The Asia-Pacific road logistics market recorded revenues of $2,015.5 billion in 2023, representing a compound annual growth rate (CAGR) of 0.4% between 2018 and 2023.
- The truckload segment accounted for the market's largest proportion in 2023, with total revenues of $1,661.4 billion, equivalent to 82.4% of the market's overall value.
- According to GlobalData, Asia-Pacific dominated the global road logistics market in 2023, accounting for the largest share of 46.0%.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the road logistics market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the road logistics market in Asia-Pacific
- Leading company profiles reveal details of key road logistics market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific road logistics market with five year forecasts by both value and volume
- What was the size of the Asia-Pacific road logistics market by value in 2023?
- What will be the size of the Asia-Pacific road logistics market in 2028?
- What factors are affecting the strength of competition in the Asia-Pacific road logistics market?
- How has the market performed over the last five years?
- Who are the top competitors in Asia-Pacific's road logistics market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Nippon Express Holdings Inc
- 8.2. FedEx Corp
- 8.3. Sinotrans Ltd
- 8.4. Kuehne + Nagel International AG
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Tables
- Table 1: Asia-Pacific road logistics market value: $ billion, 2018-23
- Table 2: Asia-Pacific road logistics market category segmentation: % share, by value, 2018-23
- Table 3: Asia-Pacific road logistics market category segmentation: $ billion, 2018-23
- Table 4: Asia-Pacific road logistics market geography segmentation: $ billion, 2023
- Table 5: Asia-Pacific road logistics market value forecast: $ billion, 2023-28
- Table 6: Nippon Express Holdings Inc: Key Facts
- Table 7: Nippon Express Holdings Inc: Annual Financial Ratios
- Table 8: Nippon Express Holdings Inc: Key Employees
- Table 9: FedEx Corp: Key Facts
- Table 10: FedEx Corp: Annual Financial Ratios
- Table 11: FedEx Corp: Key Employees
- Table 12: FedEx Corp: Key Employees Continued
- Table 13: Sinotrans Ltd: Key Facts
- Table 14: Sinotrans Ltd: Annual Financial Ratios
- Table 15: Sinotrans Ltd: Key Employees
- Table 16: Kuehne + Nagel International AG: Key Facts
- Table 17: Kuehne + Nagel International AG: Annual Financial Ratios
- Table 18: Kuehne + Nagel International AG: Key Employees
- Table 19: Kuehne + Nagel International AG: Key Employees Continued
- Table 20: Asia-Pacific Exchange Rate, 2018-23
- List of Figures
- Figure 1: Asia-Pacific road logistics market value: $ billion, 2018-23
- Figure 2: Asia-Pacific road logistics market category segmentation: $ billion, 2018-23
- Figure 3: Asia-Pacific road logistics market geography segmentation: % share, by value, 2023
- Figure 4: Asia-Pacific road logistics market value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the road logistics market in Asia-Pacific, 2023
- Figure 6: Drivers of buyer power in the road logistics market in Asia-Pacific, 2023
- Figure 7: Drivers of supplier power in the road logistics market in Asia-Pacific, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the road logistics market in Asia-Pacific, 2023
- Figure 9: Factors influencing the threat of substitutes in the road logistics market in Asia-Pacific, 2023
- Figure 10: Drivers of degree of rivalry in the road logistics market in Asia-Pacific, 2023
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