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General Transport Global Market Sees Growth Rate Of 11% Through 2022

21 Jun, 2022

The global general transport services market size is expected to grow from $1.96 trillion in 2021 to $2.17 trillion in 2022 at a compound annual growth rate (CAGR) of 10.6%. The general transport service market is expected to grow to $3.14 trillion in 2026 at a CAGR of 9.7%.

What is the Global General Transport Market?

The general transport services market consists of sales of general transportation services and related goods by entities (organizations, sole traders, and partnerships) that provide local general freight trucking services. General freight establishments handle a wide variety of commodities, generally palletized and transported in a container or van trailer.

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What drives the Global General Transport Market?

Courier service providers are now offering on-demand delivery services for faster and more efficient delivery of parcels. On-demand delivery provides customers with a flexible option of getting packages delivered at their convenient time and place. This service can also be integrated with point-of-sale systems and e-commerce platforms which enable courier companies to efficiently manage their operations, and thus is a cheaper, faster, and more reliable mode of parcel delivery. For instance, UberRUSH is an on-demand courier delivery service operating in New York, Chicago, and San Francisco. On-demand delivery service is being widely used for prescription medicine, laundry pickup and delivery, fast food delivery, and marijuana delivery. Major on-demand delivery service providers include Postmates, Deliv, Sidecar, and Amazon Flex in the USA, PiggyBaggy in Finland, and Nimber in Norway.

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Global General Transport Market Segments
The global general transport market is segmented:
By Type: Sightseeing Transport and Support Activities for Transport, Couriers and Messengers, Postal Services
By Shipment Category: Freight, Parcel, Express, Others
By Application: Construction and Mining, Oil and Gas, Healthcare, Others
By Geography: The regions covered in the general transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

General Transport Global Market Report 2022provides market size and growth forecasts for the global general transport market, global general transport market share, general transport market segments and geographies, general transport market competitive landscape including leading competitors’ revenues, profiles and market shares. The general transport market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global General Transport Industry Playersinclude Amazon.com Inc., United States Postal Service, United Parcel Service Inc., Deutsche Post AG, FedEx Corporation, Japan Post Group, LE GROUPE LA POSTE, The Royal Mail, SF Express Co. Ltd, and Canada Post. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.