France Road Freight Transport Market - Size, Share, COVID-19 Impact & Forecasts up to 2028

France Road Freight Transport Market - Size, Share, COVID-19 Impact & Forecasts up to 2028

The France Road Freight Transport Market is projected to register a CAGR of 2.93%

Key Highlights

• Largest Segment by Distance - Long Haul : Since cross-border trucking typically supports the market for long-haul distance road freight transport in France, the long-haul segment dominates the short-haul segment.
• Largest Segment by Product Type - Solid Goods : The solid goods type is the largest product type and dominates the liquid goods segment. Machinery and transport equipment has been one of the major import-export categories in France, thus contributing to the segment's growth.
• Largest Segment by End User - Wholesale and Retail Trade : The wholesale and retail trade sector is the largest contributor to the French road freight transport market, with e-commerce fostering its expansion.
• Fastest Growing Segment by TruckLoad Specification - Less than Truckload : France's robust transportation and storage sector contributes 4.1% to the country's GDP. Thus, less-than truckload is expanding at the highest rate in the country.

Key Market TrendsWholesale and Retail Trade is the largest segment by End User.

• In 2020, the wholesale and retail trade segment was the largest contributor to the French road freight transport market. It contributed 33.45% in 2020, followed by the manufacturing segment, with a share of 30.29%. The manufacturing segment was also a major contributor to France's GDP in 2021, with a share of 33.5% and a volume of USD 983.39 billion.
• The end-user segment of the road freight transport market declined by 4.12% YoY in 2019, followed by a further decline of 4.19% YoY in 2020 in volume terms due to a decrease in trade patterns in France caused by the COVID-19 pandemic. The oil and gas, mining, and quarrying segment witnessed a maximum decline of 4.68% YoY in 2020 due to a decline in the drilling activities related to natural gas and oil.
• Among all the end-user segments, the construction segment in France experienced the highest CAGR (2016-2021) of 10.87%, followed by the agriculture, fishing, and forestry segment, with a CAGR (2016-2021) of 5.56%. Thus, the scope of these segments is anticipated to be higher in terms of growth. The manufacturing segment is expected to record the highest CAGR of 3.09% and reach a market share of 30.67% during the forecast period.

Competitive Landscape

The France Road Freight Transport Market is fragmented, with the top five companies occupying 11.34%. The major players in this market are Bollore Logistics, Dachser, GEFCO, Martin Brower and STEF (sorted alphabetically).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

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