The Road Freight Transport Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Road Freight Transport Market?
The market size of the road freight transport sector has seen significant expansion in the last few years. The market size was $104.08 billion in 2024 and it is projected to reach $110.75 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Road Freight Transport Industry?
The global market for road freight transport is anticipated to reach a market size of $146.97 billion in 2029, expanding at a compound annual growth rate (CAGR) of 7.3%.
Download Your Free Sample of the 2025 Road Freight Transport Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Road Freight Transport Market?
The key drivers in the road freight transport market are:
• Sustainability initiatives in the road freight transport sector
• Investment in infrastructure development
• Urbanization trends creating more need for road freight transport
• Evolution and enhancement of regulations in the sector
Global Market Segmentation: Identifying Major Road Freight Transport Industry Segments
The road freight transport market covered in this report is segmented –
1) By Type of Carrier: Full Truckload, Less-Than-Truckload
2) By Vehicle Type: Light Commercial Vehicle, Medium Commercial Vehicle, Heavy Commercial Vehicle
3) By Operation: Domestic, International
4) By End-User: Agriculture, Fishing And Forestry, Construction, Manufacturing, Oil And Gas, Mining And Quarrying, Wholesale And Retail Trade, Other End-Users
Pre-order the 2025 Road Freight Transport Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Road Freight Transport Market?
The key trends in the road freight transport market are:
• Digitalization and automation are pivotal trends influencing the future of road freight transport.
• Green initiatives and sustainability measures are increasingly shaping the market.
• The e-commerce boom is a significant emerging trend impacting the industry.
• Resilience and supply chain visibility, along with collaborative logistics, are becoming increasingly important.
Who Are the Top Competitors & Leading Players in the Road Freight Transport Market?
The major players in the road freight transport market are:
• Cargo Carriers Ltd
Regional Dominance: Which Area Leads the Global Road Freight Transport Market?
North America was the largest region in the road freight transport market in 2024
