Freight Road Transport in the UK - Industry Market Research Report

Freight Road Transport in the UK - Industry Market Research Report

Freight Road Transport in the UK

The Freight Road Transport industry operates the most extensive transport network of all freight modes, providing much-needed flexibility and the convenience of door-to-door haulage. The industry has historically offered faster and more reliable delivery times and less damage to goods than other freight methods, making it popular. According to the latest data from the Department for Transport, road transport accounted for 77.4% of all goods moved in the UK in 2020. Revenue is expected to contract at a compound annual rate of 1.5% over the five years through 2023-24 to £33.5 billion, including a 0.8% drop in 2023-24.

This industry transports freight by road. This includes the haulage of bulk, stock and heavy, as well as both liquid and refrigerated transport. The industry also carries vehicles, waste materials and logs. The operation of terminals, packing and courier activities are not included in the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.