Forest Products Trucking Market Report 2023

Forest Products Trucking Global Market Report 2023 – By Type (Log Transport, Chip Transport), By Size (Heavy Trucks, Medium Trucks, Light Trucks), By Applications (Oil & Gas, Industrial & Manufacturing, Energy & Mining, Food & Beverages, Pharmaceuticals & Healthcare, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Starting Price : $4000.00 | Pages : 175 | Published : January 2023 | Delivery Time: 2-3 business days | Format :

Need assistance or more information before the purchase?

Enquire Before Buying
Forest Products Trucking Market

Proud Members Of

Forest products trucking refers to a mode of transportation that provides over-the-road transportation of forest products such as wood to carry it using heavy loading trucks to the point of storage and processing to make it suitable for furniture products for domestic and commercial purposes and provide raw materials for industrial applications.

The main types of forest products trucking markets covered in this report are log transport and chip transport. Log transport involves the transport of logs from the forests to the mills by companies involved in the transportation of logs. The market covered in this report is segmented by size into heavy trucks, medium trucks, and light trucks and by application into oil and gas, industrial and manufacturing, energy and mining, food and beverages, pharmaceuticals and healthcare, and others.

The global forest products trucking market is segmented -

1) By Type: Log Transport, Chip Transport

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

3) By Applications: Oil & Gas, Industrial & Manufacturing, Energy & Mining, Food & Beverages, Pharmaceuticals & Healthcare, Other Applications

The global forest products trucking market size will grow from $193.32 billion in 2022 to $206.78 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global forest products trucking market size is expected to grow to $263.67 billion in 2027 at a CAGR of 6.3%.

The increase in demand for wood-based raw materials drives the demand for the forest products trucking market. Wood is the raw material for pulp and paper, wood-based panels, and many chemical products. According to the Food and Agriculture Organization’s Annual Market Review 2019-2020, the total consumption of round wood logs for industrial use and fuel in the UNECE region was estimated to be 1.4 billion m3 in 2019. Also, in the Russian Federation, the number of wooden houses is expected to increase by 30% in 2020. The rise in demand for wooden raw materials boosted the demand for trucking forest products and positively affected the forest products trucking market.

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

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 and 48,000, and more than 10,000 truck drivers retire every year. Therefore, the shortage of truck drivers is expected to limit the growth of the forest products trucking market.

Development of electric trucks is a key trend gaining popularity in the forest products trucking market. Customers are increasingly preferring vehicles with lower carbon emissions. Electric trucks are environmentally sustainable and have lower carbon footprint. For example, in August 2022, Svenska Cellulosa AB (SCA), a Swedish forest industry company, together with Scania, a Swedish manufacturer of commercial vehicles, developed the electric timber truck with a capacity of 80 tons. The new electric timber truck represents an innovative step on the journey towards a fossil-free society and can be driven with a total weight of 64 tons on public roads and 80 tons on private roads.

In July 2021, Knight-Swift Transportation, a USA-based trucking company acquired AAA Cooper for $1.3 billion. Through this acquisition, Knight-Swift will expand its freight handling and geographic capabilities. AAA Cooper Transportation is a US-based trucking company operating in the transportation of woods.

Asia-Pacific was the largest region in the forest products trucking market in 2022. North America was the second largest region in the global forest products trucking market share. The regions covered in the global forest products trucking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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

The forest products trucking market includes revenues earned by entities by providing transportation service for the movement of woods and other raw materials from the forest to the point of processing wood. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The forest products trucking market research report is one of a series of new reports from The Business Research Company that provides forest products trucking market statistics, including forest products trucking industry global market size, regional shares, competitors with a forest products trucking market share, detailed forest products trucking market segments, market trends and opportunities, and any further data you may need to thrive in the forest products trucking industry. This forest products trucking market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

    Table Of Contents

    1. Executive Summary

    2. Forest Products Trucking Market Characteristics

    3. Forest Products Trucking Market Trends And Strategies

    4. Forest Products Trucking Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Forest Products Trucking Market

    4.2 Ukraine-Russia War Impact On Forest Products Trucking Market

    4.3 Impact Of High Inflation On Forest Products Trucking Market

    5. Forest Products Trucking Market Size And Growth

    5.1. Global Forest Products Trucking Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Forest Products Trucking Forecast Market, 2022-2027F, 2032F, $ 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, 2017-2022, 2022-2027F, 2032F, $ Billion

    Log transport

    Chip transport

    6.2. Global Forest Products Trucking Market, Segmentation By Size, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Heavy Trucks

    Medium Trucks

    Light Trucks

    6.3. Global Forest Products Trucking Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Oil & Gas

    Industrial & Manufacturing

    Energy & Mining

    Food & Beverages

    Pharmaceuticals & Healthcare

    Other Applications

    7. Forest Products Trucking Market Regional And Country Analysis

    7.1. Global Forest Products Trucking Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Forest Products Trucking Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ 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, 2017-2022, 2022-2027F, 2032F, $ 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, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Forest Products Trucking Market

    10.1. India Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Forest Products Trucking Market

    11.1. Japan Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Forest Products Trucking Market

    12.1. Australia Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Forest Products Trucking Market

    13.1. Indonesia Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Forest Products Trucking Market

    14.1. South Korea Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ 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, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Forest Products Trucking Market

    16.1. UK Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Forest Products Trucking Market

    17.1. Germany Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Forest Products Trucking Market

    18.3. France Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ 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, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Forest Products Trucking Market

    20.1. Russia Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ 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, 2017-2022, 2022-2027F, 2032F, $ 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, 2017-2022, 2022-2027F, 2032F, $ 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, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Forest Products Trucking Market

    24.1. Brazil Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ 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, 2017-2022, 2022-2027F, 2032F, $ 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, 2017-2022, 2022-2027F, 2032F, $ 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. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Forest Products Trucking Market, Segmentation By Size, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Forest Products Trucking Market, Segmentation By Applicaion, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Forest Products Trucking Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Forest Products Trucking Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Asia-Pacific, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: China, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: India, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: Japan, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: Australia, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: Indonesia, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: South Korea, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: Western Europe, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: UK, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: Germany, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: France, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: Eastern Europe, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: Russia, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: North America, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: USA, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: South America, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: Brazil, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: Middle East, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: Africa, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27: GoodLogistics Financial Performance
  • Table 28: Timber Products Company Financial Performance
  • Table 29: Fr. Meyer's Sohn (GmbH & Co.) KG Financial Performance
  • Table 30: JB Hunt Transport Services Financial Performance
  • Table 31: Knight Transportation Financial Performance
  • Table 32: Fr. Meyer's Sohn (GmbH & Co.) KG Financial Performance
  • Table 33: JB Hunt Transport Services Financial Performance
  • Table 34: Knight Transportation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Forest Products Trucking Market, Segmentation By Size, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Forest Products Trucking Market, Segmentation By Applicaion, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Forest Products Trucking Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Forest Products Trucking Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Asia-Pacific, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: China, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: India, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: Japan, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: Australia, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: Indonesia, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: South Korea, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: Western Europe, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: UK, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: Germany, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: France, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: Eastern Europe, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: Russia, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: North America, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: USA, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: South America, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: Brazil, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: Middle East, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: Africa, Forest Products Trucking Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27: GoodLogistics Financial Performance
  • Figure 28: Timber Products Company Financial Performance
  • Figure 29: Fr. Meyer's Sohn (GmbH & Co.) KG Financial Performance
  • Figure 30: JB Hunt Transport Services Financial Performance
  • Figure 31: Knight Transportation Financial Performance
  • Figure 32: Fr. Meyer's Sohn (GmbH & Co.) KG Financial Performance
  • Figure 33: JB Hunt Transport Services Financial Performance
  • Figure 34: Knight Transportation Financial Performance
View Report
View Report
View Report
View Report
View Report
View Report
View Report
View Report