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Global Road Haulage Market Share, Size, Trends, Growth, Forecast: By Type: Domestic, International, Others; By Vehicle Type: Light Commercial Vehicle, Heavy Commercial Vehicle; By Application: Automotive, Mining and Construction, Healthcare, Oil and Gas, Retail, Food and Beverage, Others; Regional Analysis; Competitive Landscape; 2024-2032
Global Road Haulage Market Outlook
The global road haulage market is expected to grow at a CAGR of 5.80% between 2024 and 2032, reaching a value of USD 5.98 billion by 2032.
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Key Trends in the Market
Road haulage is the transportation of goods by means of roadways, typically through large trucks or specialised larger vehicles. It can be used to transport goods from manufacturers to retailers, raw goods suppliers to manufacturers, or any other end-users requiring long distance transport of bulk items. Haulage typically involves long distance travel to pre-planned locations for large as well as small deliveries.
- Increase in the production and manufacturing of cost-efficient trucks has increased the preference of various industries to ship by road, thereby helping in the growth of the road haulage market.
- The growing popularity of electric trucks and vehicles is supporting the market for road haulage as such vehicles are not dependent on fluctuating prices. With greater efficiency, electric vehicles are a key trend in road haulage.
- As numerous industries such as oil and gas, food and beverages, automobile, mining and construction, and healthcare increase their distribution and shipments to nearby regions, road haulage is increasing in demand.
- Improvements in roadways worldwide, supported by investments by various governments, are encouraging the use of roads for long-distance transportation and road haulage. Dedicated times and lanes for transport are also bolstering the demand for road haulage.
Market Analysis
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Based on type, the market can be divided into domestic, and international, among others. On the basis of vehicle type, the market is bifurcated into light commercial vehicle and heavy commercial vehicle. By application, the market is categorised into automotive, mining and construction, healthcare, oil and gas, retail, food and beverage, and others. On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global road haulage market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- J.B. Hunt Transport, Inc.
- Knight-Swift Transportation Holdings Inc.
- Yellow Corporation
- Schenker AG
- Landstar System Holdings, Inc.
- Kuehne + Nagel International AG
- Seino Holdings Co., Ltd.
- Old Dominion Freight Lie, Inc.
- Kindersley Transport Ltd.
- Gosselin Group
- Others
Market Share by Type
The domestic type has held the largest share in the road haulage market owing to its demand in larger nations, and minimal barriers such as border crossing protocols. Domestic road haulage is more economical as compared to the international deliveries and is useful for larger companies with multiple locations within a country. As various countries push for increased domestic production, road haulage demand domestically will increase further. International segment is also expected to observe growth in the forecast period, supported by trade agreements and relaxations in import duty and tax.
Market Share by Vehicle Type
Heavy commercial vehicles are expected to heave a leading position in the road haulage market, due to larger companies and manufacturers shipping high volumes of products. Transportation of heavy goods across long distances typically requires heavy commercial vehicles, increasing their production. With rising fuel prices and labour costs, its often more cost-effective to send larger rather than smaller shipments.
Light commercial vehicles are observed to witness growth in the market because of the increasing demand for niche deliveries across long distances. With the growth of small and medium enterprises and manufacturers involved in low-volume production, the demand for light commercial vehicles is on the rise. Such vehicles tend to be faster and easier to drive, increasing their suitability for urgent deliveries.
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Competitive Landscape
J.B. Hunt Transport, Inc. was established in 1961 and is headquartered in Arkansas, United States. It is a transportation and logistics company that deals with technology-based freight shipping for both small and large businesses.
Knight-Swift Transportation Holdings Inc. founded in 1990 is based out of Arizona, United States. It is a motor carrier holding company that provides various truckload services to its customers across various industries.
Yellow Corporation was founded in 1929 and has its headquarter in Kansas, United States. It is a transportation holding company that is known for providing heavy weight shipments and supply chain solutions to its customers.
Other market players include Schenker AG, Landstar System Holdings, Inc., Kuehne + Nagel International AG, Seino Holdings Co., Ltd., Old Dominion Freight Lie, Inc., Kindersley Transport Ltd., and Gosselin Group, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Vehicle Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Industry Opportunities and Challenges
8 Global Road Haulage Market Analysis
8.1 Key Industry Highlights
8.2 Global Road Haulage Historical Market (2018-2023)
8.3 Global Road Haulage Market Forecast (2024-2032)
8.4 Global Road Haulage Market by Type
8.4.1 Domestic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 International
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Others
8.5 Global Road Haulage Market by Vehicle Type
8.5.1 Light Commercial Vehicle
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Heavy Commercial Vehicle
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 Global Road Haulage Market by Application
8.6.1 Automotive
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Mining and Construction
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Healthcare
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Oil and Gas
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Retail
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
8.6.6 Food and Beverage
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2018-2023)
8.6.6.3 Forecast Trend (2024-2032)
8.6.7 Others
8.7 Global Road Haulage Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
9 North America Road Haulage Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Road Haulage Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Road Haulage Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Road Haulage Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Road Haulage Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 J.B. Hunt Transport, Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Knight-Swift Transportation Holdings Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Yellow Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Schenker AG
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Landstar System Holdings, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Kuehne + Nagel International AG
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Seino Holdings Co., Ltd.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Old Dominion Freight Line, Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Kindersley Transport Ltd.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Gosselin Group
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Road Haulage Market: Key Industry Highlights, 2018 and 2032
2. Global Road Haulage Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Road Haulage Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Road Haulage Historical Market: Breakup by Vehicle Type (USD Million), 2018-2023
5. Global Road Haulage Market Forecast: Breakup by Vehicle Type (USD Million), 2024-2032
6. Global Road Haulage Historical Market: Breakup by Application (USD Million), 2018-2023
7. Global Road Haulage Market Forecast: Breakup by Application (USD Million), 2024-2032
8. Global Road Haulage Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Road Haulage Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Road Haulage Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Road Haulage Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Road Haulage Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Road Haulage Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Road Haulage Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Road Haulage Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Road Haulage Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Road Haulage Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Road Haulage Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Road Haulage Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Road Haulage Market Structure
Key Questions Answered in the Report
The global market for road haulage is expected to grow at a CAGR of 5.80% between 2024 and 2032.
The major market drivers are growth of the manufacturing sector, increase in demand for domestic transportation, and improvements in roadways.
The global market size for road haulage is expected to reach a value of more than USD 5.98 billion by 2032.
The key trends of the market are implementation of logistics technologies, reduced operating costs, technological developments in truck production, and increasing demand from various industries.
Key market players include J.B. Hunt Transport, Inc., Knight-Swift Transportation Holdings Inc., Yellow Corporation, Schenker AG, Landstar System Holdings, Inc., Kuehne + Nagel International AG, Seino Holdings Co., Ltd., Old Dominion Freight Lie, Inc., Kindersley Transport Ltd., and Gosselin Group, among others.
The global road haulage market is segmented based on type, vehicle type, application, and region.
Road haulage is transportation of goods with the help of large trucks and specialised vehicles by means of roadways.
Haulage differs from courier based on volume of delivery and number of stops, with haulage typically involving larger shipments with limited stops, whereas couriers deliver individual packages at multiple stops.
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