Market Overview
The global Road Haulage Market size reached USD 8.2 Billion in 2024. It is expected to grow at a CAGR of 4.8% between 2025 and 2033, reaching USD 12.9 Billion by 2033. Growth is driven by the rise in e-commerce, vehicle technology advancements, infrastructure development, urbanization, and demand for efficient logistics services. Explore more details at the Road Haulage Market
Study Assumption Years
Base Year: 2024
Historical Year/Period: 2019-2024
Forecast Year/Period: 2025-2033
Road Haulage Market Key Takeaways
• Current Market Size: USD 8.2 Billion in 2024
• CAGR: 4.8% during 2025-2033
• Forecast Period: 2025-2033
• The rise of e-commerce is a major driver, increasing demand for efficient logistics.
• Asia Pacific accounts for the largest regional market share due to rapid urbanization and industrialization.
• Domestic road haulage dominates the market over international haulage.
• Light commercial vehicles hold the largest market share by vehicle type.
• Food and beverage represent the leading application segment due to demand for fresh and packaged goods.
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Market Growth Factors
The rise in e-commerce is significantly driving the market growth. The expanding online shopping sector requires logistics networks capable of handling high shipment volumes and frequent smaller deliveries, particularly for last-mile delivery. The Indian e-commerce industry is projected to reach US$ 300 billion by 2030, with third-party logistics providers expected to manage approximately 17 billion shipments in the next seven years.
Rapid urbanization and major transportation infrastructure investments further contribute to market expansion. Improved road connectivity and modernized transport facilities reduce transit times and increase freight efficiency. According to the World Bank, around 56% of the global population lives in cities, projected to rise to nearly 70% by 2050, intensifying the need for efficient freight services.
Technological advancements also support market growth. Fuel-efficient and electric vehicle adoption helps reduce operational costs and comply with environmental standards. Maruti Suzuki plans to launch its first EV, the Evx, in 2025 with a 550 km range. Digital logistics solutions such as real-time tracking, automated dispatching, and route optimization enhance operational efficiency and elevate customer satisfaction.
Market Segmentation
Breakup by Type
• International Road Haulage
• Domestic Road Haulage: Largest segment due to e-commerce expansion, urbanization, and enhanced local transport efficiency.
Breakup by Vehicle Type
• Light Commercial Vehicles: Largest share driven by last-mile delivery needs, urbanization, and eco-friendly transport initiatives.
• Heavy Commercial Vehicles
Breakup by Application
• Mining and Construction
• Oil and Gas
• Food and Beverage: Leading segment due to demand for fresh and packaged goods and refrigerated transport.
• Retail
• Manufacturing
• Healthcare
• Automotive
• Others
Breakup by Region
• North America: United States, Canada
• Europe: Germany, France, United Kingdom, Italy, Spain, Others
• Asia Pacific: China, Japan, India, South Korea, Australia, Indonesia, Others
• Latin America: Brazil, Mexico, Others
• Middle East and Africa
Regional Insights
Asia Pacific leads the market due to rapid urbanization, expanding e-commerce, strong industrial growth, and significant infrastructure investments. Manufacturing clusters and oil and gas reserves further reinforce demand. India’s allocation of 3.3% of GDP toward infrastructure in 2024 underscores the region’s dedication to logistics improvement.
Recent Developments & News
• October 2024: XPO launched an in-house over-the-road operation using dedicated team drivers for improved efficiency.
• March 2024: Kuehne+Nagel acquired City Zone Express to strengthen cross-border logistics in Asia.
• March 2024: DHL assumed central management of logistics flow for Vitesco Technologies’ twelve European sites, optimizing around 100,000 transport movements.
Key Players
AM Cargo s.r.o.
Gosselin Group
Kindersley Transport Ltd. (Siemens Transportation Group Inc.)
Kuehne + Nagel International AG (Kühne Holding AG)
LKW WALTER Internationale Transport Organisation AG (Walter Group)
Manitoulin Transport Inc. (Manitoulin Group of Companies)
Monarch Transport Limited (Landtran Group)
Old Dominion Freight Line, Inc.
SLH Transport Inc (C.A.T. Inc.)
UK Haulier
Woodside Logistics Group
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