image

Road Haulage Market size Report Scope & Overview:

The Road Haulage Market size is expected to reach USD 4930 Bn by 2030, the value for the year 2022 was recorded USD 3427 Bn in 2022, and grow at a CAGR of 5.3% over the forecast period of 2023-2030.

Delivery vans, light trucks, big articulated lorries, and specialized vehicles for delivering particular types of cargo, like refrigerated trucks for perishable goods or tankers for liquids, can all be used in road haulage. Transporting and unloading cargo are the responsibilities of road haulage businesses. To ensure safe shipping, they frequently offer services including palletizing, packaging, and securing the Vehicle Types. Road haulage can include long-haul transportation between cities, states, or even countries, as well as short-haul local delivery inside a city. Depending on the particular requirements of the customer and the goods, a route and destination are chosen.

Road Haulage Market Revenue Analysis

Transportation businesses are required to abide by a number of laws regarding highway safety, vehicle upkeep, driver hours, and environmental norms. By location and nation, these laws may differ. Those who need to transport Vehicle Types are known as shippers. Some businesses and people function as freight brokers, putting shippers in touch with haulage companies that have space available. In order to maximize the movement of Vehicle Types, freight brokers are important. The road haulage business has adopted technology for efficient logistics management, real-time shipment tracking, and route optimization. This speeds up deliveries and lowers costs. Making road haulage more sustainable is becoming increasingly popular due to worries about carbon emissions and environmental damage. This involves the use of alternative fuels, the deployment of electric and hybrid vehicles, and increased fuel efficiency.      

The road haulage industry is highly competitive, with numerous businesses providing comparable services. Success frequently relies on elements including cost, dependability, client satisfaction, and the capacity to accommodate certain transportation requirements. Road haulage is a crucial component of global supply chains, which link producers, distributors, retailers, and customers. It is essential for ensuring that Vehicle Types efficiently reach their target audiences.

Market Dynamics

Driver

  • The increase in supply chain resilience which supports the growth of road haulage across industries.

Just-in-time inventory management systems have been implemented by many sectors to lower storage costs and boost productivity. This strategy depends on the prompt delivery of commodities, which frequently needs to be transported by road. Globalization of Supply networks: As parts and goods are supplied from many countries throughout the world, supply networks have become more and more globalized. Transporting commodities to and from ports, airports, and cross-border commerce hubs requires the use of the road network. Consumer expectations in terms of Vehicle Type customization and personalization have increased. The demand for road haulage services may increase as a result of lower batch sizes and more frequent deliveries. Customers have grown accustomed to receiving their orders more quickly, and many businesses have started offering express or same-day delivery services that mainly rely on road transportation.

Restrain

  • The effectiveness and safety of road haulage can be impacted by the state of the road infrastructure. In addition to raising car maintenance expenses, poorly maintained roads may result in delays from road closures or detours.

Opportunity

  • The rising investments by the government for road infrastructure.    

The efficiency and dependability of road haulage operations have increased thanks to technological advancements like GPS navigation, telematics, and route planning software. Because of this, it is more lucrative for businesses and competitive. Although there are certain environmental issues with road haulage, efforts to cut emissions and increase fuel efficiency have made it a more environmentally friendly option for transportation than some alternatives, such as air cargo.

Challenge

  • There is a severe lack of skilled truck drivers in many areas, particularly in wealthy nations. This may make it difficult to meet delivery deadlines and may increase labour expenditures.  

Market Segmentation

By Vehicle Type

  • LCV

  • HCV

By Type

  • International

  • Domestic

By Application

  • Minning & Construction

  • Oil & Gas

  • Retail

  • Healthcare

  • Others

Road Haulage Market Segmentation Analysis

Regional Analysis:

North America was the region with the highest share because of substantial road networks and enormous geographic expanse have given rise to well-developed road haulage industries in this region. Cross-border trade, the expansion of e-commerce, and the requirement for effective supply chain logistics are important considerations. Challenges include a lack of drivers and legal compliance, particularly with regard to emissions.

APAC will be the region with the highest CAGR growth rate because of the massive road haulage business in China is fuelled by domestic demand and the country's manufacturing industry. Congestion, pollution, and regulatory changes, such as environmental requirements, provide difficulties for the sector. The primary means of transportation there is road haulage. E-commerce, the improvement of infrastructure, and economic growth are all contributing to the market's growth. However, it encounters difficulties because of poor road conditions, numerous regulatory issues, and safety worries.

Regional Coverage

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Key Players:

The major key players are CONCOR, Kindersley Transport, Gosselin Group, AM Cargo, UK Haulier, SLH Transport, Monarch Transport, LKW WALTER, Manitoulin Transport and others.

Kindersley Transport-Company Financial Analysis

Recent Industry Highlights

  • New fuels and technologies are being developed by businesses to lessen the negative environmental effects of road transportation. For instance, some businesses are creating trucks that run on hydrogen, while others are creating vehicles that run on biodiesel or renewable natural gas.

  • Data analytics are being used more and more by transportation businesses to enhance their operations. They use data, for instance, to streamline routes, use less fuel, and provide better customer service.

  • The need for last-mile delivery services is being driven by the expansion of e-commerce. New advancements in road haulage are being made as a result, including the usage of drones and delivery robots.

Road Haulage Market Report Scope:
Report Attributes Details
Market Size in 2022  US$ 3427 Billion
Market Size by 2030  US$ 4930 Billion
CAGR   CAGR of 5.3 % From 2023 to 2030
Base Year 2022
Forecast Period  2023-2030
Historical Data  2019-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Vehicle Type (LCV, HCV)
• By Type (International, Domestic)
• By Application (Minning & Construction, Oil & Gas, Retail, Healthcare, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles CONCOR, Kindersley Transport, Gosselin Group, AM Cargo, UK Haulier, SLH Transport, Monarch Transport, LKW WALTER, Manitoulin Transport 
Key Drivers • The increase in supply chain resilience which supports the growth of road haulage across industries.
Market Opportunity • The rising investments by the government for road infrastructure.    

 

Frequently Asked Questions

Ans; The market was valued at 3427 Bn in 2022 and is expected to reach 4930 Bn by 2030.

Ans; The market will be growing at 5.3% growth rate. 

Ans: There is a severe lack of skilled truck drivers in many areas, particularly in wealthy nations. This may make it difficult to meet delivery deadlines and may increase labour expenditures.  

Ans: The market is dicided in three segments By Vehicle Type, By Type, and By Application. 

Ans: North America was the region with the highest share. 

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Road Haulage Market, By Vehicle Type
8.1 LCV
8.2 HCV

9. Road Haulage Market By Type
9.1 International
9.2 Domestic

10. Road Haulage Market, By Application
10.1 Minning & Construction
10.2 Oil & Gas
10.3 Retail
10.4 Healthcare
10.5 Others

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Road Haulage Market by country
11.2.2 North America Road Haulage Market by Vehicle Type
11.2.3 North America Road Haulage Market by Type
11.2.4 North America Road Haulage Market by Application
11.2.5 USA
11.2.5.1 USA Road Haulage Market by Vehicle Type
11.2.5.2 USA Road Haulage Market by Type
11.2.5.3 USA Road Haulage Market by Application
11.2.6 Canada
11.2.6.1 Canada Road Haulage Market by Vehicle Type
11.2.6.2 Canada Road Haulage Market by Type
11.2.6.3 Canada Road Haulage Market by Application
11.2.7 Mexico
11.2.7.1 Mexico Road Haulage Market by Vehicle Type
11.2.7.2 Mexico Road Haulage Market by Type
11.2.7.3 Mexico Road Haulage Market by Application
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Road Haulage Market by country
11.3.1.2 Eastern Europe Road Haulage Market by Vehicle Type
11.3.1.3 Eastern Europe Road Haulage Market by Type
11.3.1.4 Eastern Europe Road Haulage Market by Application
11.3.1.5 Poland
11.3.1.5.1 Poland Road Haulage Market by Vehicle Type
11.3.1.5.2 Poland Road Haulage Market by Type
11.3.1.5.3 Poland Road Haulage Market by Application
11.3.1.6 Romania
11.3.1.6.1 Romania Road Haulage Market by Vehicle Type
11.3.1.6.2 Romania Road Haulage Market by Type
11.3.1.6.4 Romania Road Haulage Market by Application
11.3.1.7 Turkey
11.3.1.7.1 Turkey Road Haulage Market by Vehicle Type
11.3.1.7.2 Turkey Road Haulage Market by Type
11.3.1.7.3 Turkey Road Haulage Market by Application
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Road Haulage Market by Vehicle Type
11.3.1.8.2 Rest of Eastern Europe Road Haulage Market by Type
11.3.1.8.3 Rest of Eastern Europe Road Haulage Market by Application
11.3.2 Western Europe
11.3.2.1 Western Europe Road Haulage Market by Vehicle Type
11.3.2.2 Western Europe Road Haulage Market by Type
11.3.2.3 Western Europe Road Haulage Market by Application
11.3.2.4 Germany
11.3.2.4.1 Germany Road Haulage Market by Vehicle Type
11.3.2.4.2 Germany Road Haulage Market by Type
11.3.2.4.3 Germany Road Haulage Market by Application
11.3.2.5 France
11.3.2.5.1 France Road Haulage Market by Vehicle Type
11.3.2.5.2 France Road Haulage Market by Type
11.3.2.5.3 France Road Haulage Market by Application
11.3.2.6 UK
11.3.2.6.1 UK Road Haulage Market by Vehicle Type
11.3.2.6.2 UK Road Haulage Market by Type
11.3.2.6.3 UK Road Haulage Market by Application
11.3.2.7 Italy
11.3.2.7.1 Italy Road Haulage Market by Vehicle Type
11.3.2.7.2 Italy Road Haulage Market by Type
11.3.2.7.3 Italy Road Haulage Market by Application
11.3.2.8 Spain
11.3.2.8.1 Spain Road Haulage Market by Vehicle Type
11.3.2.8.2 Spain Road Haulage Market by Type
11.3.2.8.3 Spain Road Haulage Market by Application
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Road Haulage Market by Vehicle Type
11.3.2.9.2 Netherlands Road Haulage Market by Type
11.3.2.9.3 Netherlands Road Haulage Market by Application
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Road Haulage Market by Vehicle Type
11.3.2.10.2 Switzerland Road Haulage Market by Type
11.3.2.10.3 Switzerland Road Haulage Market by Application
11.3.2.11.1 Austria
11.3.2.11.2 Austria Road Haulage Market by Vehicle Type
11.3.2.11.3 Austria Road Haulage Market by Type
11.3.2.11.4 Austria Road Haulage Market by Application
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Road Haulage Market by Vehicle Type
11.3.2.12.2 Rest of Western Europe Road Haulage Market by Type
11.3.2.12.3 Rest of Western Europe Road Haulage Market by Application
11.4 Asia-Pacific
11.4.1 Asia-Pacific Road Haulage Market by country
11.4.2 Asia-Pacific Road Haulage Market by Vehicle Type
11.4.3 Asia-Pacific Road Haulage Market by Type
11.4.4 Asia-Pacific Road Haulage Market by Application
11.4.5 China
11.4.5.1 China Road Haulage Market by Vehicle Type
11.4.5.2 China Road Haulage Market by Application
11.4.5.3 China Road Haulage Market by Type
11.4.6 India
11.4.6.1 India Road Haulage Market by Vehicle Type
11.4.6.2 India Road Haulage Market by Type
11.4.6.3 India Road Haulage Market by Application
11.4.7 Japan
11.4.7.1 Japan Road Haulage Market by Vehicle Type
11.4.7.2 Japan Road Haulage Market by Type
11.4.7.3 Japan Road Haulage Market by Application
11.4.8 South Korea
11.4.8.1 South Korea Road Haulage Market by Vehicle Type
11.4.8.2 South Korea Road Haulage Market by Type
11.4.8.3 South Korea Road Haulage Market by Application
11.4.9 Vietnam
11.4.9.1 Vietnam Road Haulage Market by Vehicle Type
11.4.9.2 Vietnam Road Haulage Market by Type
11.4.9.3 Vietnam Road Haulage Market by Application
11.4.10 Singapore
11.4.10.1 Singapore Road Haulage Market by Vehicle Type
11.4.10.2 Singapore Road Haulage Market by Type
11.4.10.3 Singapore Road Haulage Market by Application
11.4.11 Australia
11.4.11.1 Australia Road Haulage Market by Vehicle Type
11.4.11.2 Australia Road Haulage Market by Type
11.4.11.3 Australia Road Haulage Market by Application
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Road Haulage Market by Vehicle Type
11.4.12.2 Rest of Asia-Pacific Road Haulage Market by Type
11.4.12.3 Rest of Asia-Pacific Road Haulage Market by Application
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Road Haulage Market by country
11.5.1.2 Middle East Road Haulage Market by Vehicle Type
11.5.1.3 Middle East Road Haulage Market by Type
11.5.1.4 Middle East Road Haulage Market by Application
11.5.1.5 UAE
11.5.1.5.1 UAE Road Haulage Market by Vehicle Type
11.5.1.5.2 UAE Road Haulage Market by Type
11.5.1.5.3 UAE Road Haulage Market by Application
11.5.1.6 Egypt
11.5.1.6.1 Egypt Road Haulage Market by Vehicle Type
11.5.1.6.2 Egypt Road Haulage Market by Type
11.5.1.6.3 Egypt Road Haulage Market by Application
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Road Haulage Market by Vehicle Type
11.5.1.7.2 Saudi Arabia Road Haulage Market by Type
11.5.1.7.3 Saudi Arabia Road Haulage Market by Application
11.5.1.8 Qatar
11.5.1.8.1 Qatar Road Haulage Market by Vehicle Type
11.5.1.8.2 Qatar Road Haulage Market by Type
11.5.1.8.3 Qatar Road Haulage Market by Application
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Road Haulage Market by Vehicle Type
11.5.1.9.2 Rest of Middle East Road Haulage Market by Type
11.5.1.9.3 Rest of Middle East Road Haulage Market by Application
11.5.2 Africa
11.5.2.1 Africa Transfusion Diagnostics Market by country
11.5.2.2 Africa Road Haulage Market by Vehicle Type
11.5.2.3 Africa Road Haulage Market by Type
11.5.2.4 Africa Road Haulage Market by Application
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Road Haulage Market by Vehicle Type
11.5.2.5.2 Nigeria Road Haulage Market by Type
11.5.2.5.3 Nigeria Road Haulage Market by Application
11.5.2.6 South Africa
11.5.2.6.1 South Africa Road Haulage Market by Vehicle Type
11.5.2.6.2 South Africa Road Haulage Market by Type
11.5.2.6.3 South Africa Road Haulage Market by Application
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Road Haulage Market by Vehicle Type
11.5.2.7.2 Rest of Africa Road Haulage Market by Type
11.5.2.7.3 Rest of Africa Road Haulage Market by Application
11.6 Latin America
11.6.1 Latin America Road Haulage Market by country
11.6.2 Latin America Road Haulage Market by Vehicle Type
11.6.3 Latin America Road Haulage Market by Type
11.6.4 Latin America Road Haulage Market by Application
11.6.5 Brazil
11.6.5.1 Brazil Road Haulage by Vehicle Type
11.6.5.2 Brazil Road Haulage by Type
11.6.5.3 Brazil Road Haulage by Application
11.6.6 Argentina
11.6.6.1 Argentina Road Haulage by Vehicle Type
11.6.6.2 Argentina Road Haulage by Type
11.6.6.3 Argentina Road Haulage by Application
11.6.7 Colombia
11.6.7.1 Colombia Road Haulage by Vehicle Type
11.6.7.2 Colombia Road Haulage by Type
11.6.7.3 Colombia Road Haulage by Application
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Road Haulage by Vehicle Type
11.6.8.2 Rest of Latin America Road Haulage by Type
11.6.8.3 Rest of Latin America Road Haulage by Application

12. Company profile
12.1 CONCOR
12.1.1 Market Overview
12.1.2 Financials
12.1.3 Treatment/End-User/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Kindersley Transport
12.2.1 Market Overview
12.2.2 Financials
12.2.3 Treatment/End-User/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Gosselin Group
12.3.1 Market Overview
12.3.2 Financials
12.3.3 Treatment/End-User/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 AM Cargo
12.4.1 Market Overview
12.4.2 Financials
12.4.3 Treatment/End-User/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 UK Haulier
12.5.1 Market Overview
12.5.2 Financials
12.5.3 Treatment/End-User/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 SLH Transport
12.6.1 Market Overview
12.6.2 Financials
12.6.3 Treatment/End-User/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Monarch Transport
12.7.1 Market Overview
12.7.2 Financials
12.7.3 Treatment/End-User/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 LKW WALTER
12.8.2 Financials
12.8.3 Treatment/End-User/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Manitoulin Transport
12.9.1 Market Overview
12.9.2 Financials
12.9.3 Treatment/End-User/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Others
12.10.1 Market Overview
12.10.2 Financials
12.10.3 Treatment/End-User/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View

13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions

14. Use Case and Best Practices

15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone