Global Drayage Services Market 2024-2028
The drayage services market is forecasted to grow by USD 3.60 bn during 2023-2028, accelerating at a CAGR of 2.52% during the forecast period. The report on the drayage services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a growing manufacturing industry, rising seaborne trade, and increasing cross-border trade.
Technavio's drayage services market is segmented as below:
By End-user
- Electronics and electrical
- Food and beverage
- Consumer goods and retail
- Others
By Type
- Inter-carrier drayage
- Expedited drayage
- Intra-carrier drayage
- Pier drayage
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the growing e-commerce sector as one of the prime reasons driving the drayage services market growth during the next few years. Also, integration of technologically advanced solutions in logistics sector and availability of different forms of drayage services will lead to sizable demand in the market.
The report on the drayage services market covers the following areas:
- Drayage services market sizing
- Drayage services market forecast
- Drayage services market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading drayage services market vendors that include Asiana USA, Boa Logistics LLC, ContainerPort Group Inc., Continental Logistics, Duncan and Son Lines Inc., Evans Delivery Co. Inc., G and D Integrated, Hub Group Inc., IMC Companies LLC, Interlog USA, ITS ConGlobal, J B Hunt Transport Services Inc., Knight Swift Transportation Holdings Inc., NFI Industries Inc., PLS Logistics, PORT CITY LOGISTICS, RoadOne IntermodaLogistics Inc., Schneider National Inc., Taylor Distributing Co., and Trinity Logistics Inc.. Also, the drayage services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.