Global Truck Freight Market Growth (Status and Outlook) 2023-2029

Global Truck Freight Market Growth (Status and Outlook) 2023-2029

Truck freight is the transportation of large items over the road using freight trucks. Freight transportation via trucks is categorized as less than truckload (LTL), partial truckload or full truckload (TL).

LPI (LP Information)' newest research report, the “Truck Freight Industry Forecast” looks at past sales and reviews total world Truck Freight sales in 2022, providing a comprehensive analysis by region and market sector of projected Truck Freight sales for 2023 through 2029. With Truck Freight sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Truck Freight industry.

This Insight Report provides a comprehensive analysis of the global Truck Freight landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Truck Freight portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Truck Freight market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Truck Freight and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Truck Freight.

The global Truck Freight market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Truck Freight is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Truck Freight is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Truck Freight is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Truck Freight players cover DHL Group, Sinotrans, GEODIS, C.H. Robinson, DB Schenker Logistics, Panalpina, DSV, J.B. Hunt and Nippon Express, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Truck Freight market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Less Than Truckload
Partial Truckload
Full Truckload
Others

Segmentation by application
Residential
Commercial
Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DHL Group
Sinotrans
GEODIS
C.H. Robinson
DB Schenker Logistics
Panalpina
DSV
J.B. Hunt
Nippon Express
Agility Logistics
YRC Freight
Hellmann
UPS Supply Chain
Sankyu
Kerry Logistics
NNR Global Logistics
Toll Holdings
Pilot Freight Services
MGA international
Fracht
FedEx Freight
Estes Express Lines
XPO Logistics
Saia Motor Freight

Please note: The report will take approximately 2 business days to prepare and deliver.