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Forest Products Trucking Global Market Report 2021: COVID 19 Impact and Recovery to 2030

Starting Price : $4000 | Pages : 175 | Published : January 2021 | SKU CODE : 7780 | Format :


The forest products trucking market consists of sales of forest products trucking services and related goods by entities (organizations, sole traders and partnerships) that provide over-the-road transportation of forest products. Only goods and services traded between entities or sold to end consumers are included.

The global forest products market is expected to grow from $159.69 billion in 2020 to $172.08 billion in 2021 at a compound annual growth rate (CAGR) of 7.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $230.26 billion in 2025 at a CAGR of 7.6%.

The forest products trucking market covered in this report is segmented by type into log transport; chip transport.

The increase in demand for wood-based raw materials drives the demand for the forest products trucking market. According to the Food and Agriculture Organization’s Annual Market Review 2018 – 2019, the total consumption of roundwood logs for industrial use and fuel in the UNECE region was estimated to be 1.4 billion m3 in 2018, which is an increase of 5% over that of 2017. The consumption of wood-based panels grew by 1.3%. International trade of softwood logs reached 93 million m3 in 2018, which is a 52% increase over the last ten years. The rise in demand for wooden raw materials boosted the demand for trucking forest products and positively affected the forest products trucking market.

The shortage of truck drivers is a major challenge in the forest products trucking market. According to the American Trucking Association’s (ATA) USA estimates, there is a shortage of 50,000 truck drivers and this is expected to increase to 174,000 by 2026. Moreover, according to an article in the Canadian Press, due to the shortage of truck drivers, Weyerhaeuser, an American timberland company, lost $10 million to $15 million in the fourth quarter. By 2024, the average age of truck drivers is expected to be 50, the shortage is expected to be between 38,000 or 48,000, and more than 10,000 trucker drivers retire every year. Therefore, the shortage of truck drivers is expected to limit the growth of the forest products trucking market.

In August 2018, Leavitt’s Freight Service, a US-based specialty carrier of utility poles and engineered wood products, merged with Daseke-affiliated Central Oregon Truck Company. The merger will allow both the companies to cut costs by sharing each other’s facilities for service, maintenance, and fuel as both the companies operate in the Northwest along the I-5 corridor.

The major players covered in the global forest products trucking market are GoodLogistics, Timber Products Company, Fr. Meyer's Sohn (GmbH & Co.) KG, JB Hunt Transport Services, Knight Transportation, CRST International, Leavitt’s Freight Service.

The countries covered in the global forest products trucking market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The regions covered in the global forest products trucking market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global forest products trucking market is segmented -

1) By Type: Log Transport, Chip Transport

2) By Size: Heavy Trucks, Medium Trucks, Light Trucks

    1. Executive Summary

    2. Forest Products Trucking Market Characteristics

    3. Forest Products Trucking Market Trends And Strategies

    4. Impact Of COVID-19 On Forest Products Trucking

    5. Forest Products Trucking Market Size And Growth

    5.1. Global Forest Products Trucking Historic Market, 2015-2020, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Forest Products Trucking Forecast Market, 2020-2025F, 2030F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Forest Products Trucking Market Segmentation

    6.1. Global Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Log transport

    Chip transport

    6.2. Global Forest Products Trucking Market, Segmentation By Size, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Heavy Trucks

    Medium Trucks

    Light Trucks

    7. Forest Products Trucking Market Regional And Country Analysis

    7.1. Global Forest Products Trucking Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    7.2. Global Forest Products Trucking Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    8. Asia-Pacific Forest Products Trucking Market

    8.1. Asia-Pacific Forest Products Trucking Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    9. China Forest Products Trucking Market

    9.1. China Forest Products Trucking Market Overview

    9.2. China Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

    10. India Forest Products Trucking Market

    10.1. India Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    11. Japan Forest Products Trucking Market

    11.1. Japan Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    12. Australia Forest Products Trucking Market

    12.1. Australia Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    13. Indonesia Forest Products Trucking Market

    13.1. Indonesia Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    14. South Korea Forest Products Trucking Market

    14.1. South Korea Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    15. Western Europe Forest Products Trucking Market

    15.1. Western Europe Forest Products Trucking Market Overview

    15.2. Western Europe Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    16. UK Forest Products Trucking Market

    16.1. UK Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    17. Germany Forest Products Trucking Market

    17.1. Germany Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    18. France Forest Products Trucking Market

    18.3. France Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    19. Eastern Europe Forest Products Trucking Market

    19.1. Eastern Europe Forest Products Trucking Market Overview

    19.2. Eastern Europe Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    20. Russia Forest Products Trucking Market

    20.1. Russia Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    21. North America Forest Products Trucking Market

    21.1. North America Forest Products Trucking Market Overview

    21.2. North America Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    22. USA Forest Products Trucking Market

    22.1. USA Forest Products Trucking Market Overview

    22.2. USA Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    23. South America Forest Products Trucking Market

    23.1. South America Forest Products Trucking Market Overview

    23.2. South America Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    24. Brazil Forest Products Trucking Market

    24.1. Brazil Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    25. Middle East Forest Products Trucking Market

    25.1. Middle East Forest Products Trucking Market Overview

    25.2. Middle East Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    26. Africa Forest Products Trucking Market

    26.1. Africa Forest Products Trucking Market Overview

    26.2. Africa Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    27. Forest Products Trucking Market Competitive Landscape And Company Profiles

    27.1. Forest Products Trucking Market Competitive Landscape

    27.2. Forest Products Trucking Market Company Profiles

    27.2.1. GoodLogistics

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Timber Products Company

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Fr. Meyer's Sohn (GmbH & Co.) KG

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. JB Hunt Transport Services

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Knight Transportation

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Forest Products Trucking Market

    29. Forest Products Trucking Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Table 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Table 3: Global Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 4: Global Forest Products Trucking Market, Segmentation By Size, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 5: Global Forest Products Trucking Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 6: Global Forest Products Trucking Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 7: Asia-Pacific, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 8: China, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 9: India, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 10: Japan, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 11: Australia, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 12: Indonesia, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 13: South Korea, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 14: Western Europe, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 15: UK, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 16: Germany, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 17: France, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 18: Eastern Europe, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 19: Russia, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 20: North America, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 21: USA, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 22: South America, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 23: Brazil, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 24: Middle East, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 25: Africa, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 26: GoodLogistics Financial Performance
  • Table 27: Timber Products Company Financial Performance
  • Table 28: Fr. Meyer's Sohn (GmbH & Co.) KG Financial Performance
  • Table 29: JB Hunt Transport Services Financial Performance
  • Table 30: Knight Transportation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Figure 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Figure 3: Global Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 4: Global Forest Products Trucking Market, Segmentation By Size, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 5: Global Forest Products Trucking Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 6: Global Forest Products Trucking Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 7: Asia-Pacific, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 8: China, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 9: India, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 10: Japan, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 11: Australia, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 12: Indonesia, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 13: South Korea, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 14: Western Europe, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 15: UK, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 16: Germany, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 17: France, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 18: Eastern Europe, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 19: Russia, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 20: North America, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 21: USA, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 22: South America, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 23: Brazil, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 24: Middle East, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 25: Africa, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 26: GoodLogistics Financial Performance
  • Figure 27: Timber Products Company Financial Performance
  • Figure 28: Fr. Meyer's Sohn (GmbH & Co.) KG Financial Performance
  • Figure 29: JB Hunt Transport Services Financial Performance
  • Figure 30: Knight Transportation Financial Performance
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