Freight Trucking in China - Industry Market Research Report

Freight Trucking in China - Industry Market Research Report

Freight Trucking in China

The Freight Trucking industry is expected to grow at an annualized 0.9% over the five years through 2022, to total $120.6 billion. This trend includes an anticipated decrease of 2.3% from 2021. Over 64,000 freight trucking companies operate in the industry, employing approximately 1.3 million people. The industry provides independent and complementary transportation services to other types of transport modes, such as rail, water and air transportation. From the perspective of the scale of freight transport in various ways, the share of road freight transport is decreasing, but it still dominates the freight transport industry in China. In 2021, road freight transportation volume accounted for approximately 75% of total freight transportation volumes.

The industry provides road freight and cargo transportation services using trucks, cars, trailers and other road vehicles.

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.