Peru Road Freight Transport Market Report and Forecast 2024-2032

Peru Road Freight Transport Market Outlook

The Peru road freight transport market size is projected to grow at a CAGR of 5.7% between 2024 and 2032. The market is being aided by the rising export of agricultural commodities and the robust growth of the e-commerce sector in Peru.

Key Takeaways:

• The oil and gas industry is expected to constitute a major portion of the Peru road freight transport market share.

• Sustainability is expected to drive major innovations in the Peru road freight transport market.

• Increase in the volume of international exports is expected to drive the market growth.

As Peru looks towards boosting exports of agricultural commodities to other countries, the need for the creation of efficient supply chain networks is expected to drive the Peru road freight transport market growth over the forecast period.

The adoption of real-time transportation visibility platforms (RTTVPs) is expected to accelerate the Peru road freight transport market expansion. By enabling clearer visibility over logistical operations and optimising formerly inefficient routes, RTTVPs can boost customer satisfaction and drive the growth of sustainable freight transport by reducing waste generation between various parties involved in passing couriers and shipments.

The use of generative AI tools for minimising miscommunications between different shipping parties and consumers is expected to emerge as one of the key Peru road freight transport market trends over the forecast period. Generative AI can enable real-time communication between road freight transport stakeholders and improve the overall efficiency of customer service delivery.

The anticipated growth of the e-commerce industry in Peru is expected to drive the demand for containerised carriers in the market. However, essential mineral imports (such as petroleum, copper, and iron ore) from countries such as the US and China are also expected to sustain the demand for non-containerised carriers in the Peru road freight market in the coming years.

Market Segmentation

Peru Road Freight Transport Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Destination

• Domestic

• International

Market Breakup by Truckload Specification

• Full Truckload

• Less Than Truckload

Market Breakup by Type of Carrier

• Non-containerised

• Containerised

Market Breakup by End Use

• Manufacturing

• Automotive

• Oil and Gas

• Mining and Quarrying

• Agriculture, Fishing, and Forestry

• Pharmaceutical and Healthcare

• Others

The key Peru road freight transport market players are CEVA Logistics SA, Deutsche Bahn AG, Peru Logistic SAC,  Scharff, Savar Corporación Logística S.A., Andina Freight, Arequipa Expreso Marvisur Eirl, Ultramar Group, ATA Logistics Peru, and UCC S.A., among others.

Key Highlights of the Report