Forest Products Trucking Market 2023 | Business Outlook, Industry Insights, New Trends, And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.As per the forest products trucking market report by The Business Research Company, 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.
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%.
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Major competitors in the forest products trucking market include 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 forest products trucking market is segmented -
• 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
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the global forest products trucking market.
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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 Table Of Content For The Forest Products Trucking Market Include:
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
5. Forest Products Trucking Market Size And Growth
6. Forest Products Trucking Market Segmentation
……
26. Africa Forest Products Trucking Market
27. Forest Products Trucking Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Forest Products Trucking Market
29. Forest Products Trucking Market Future Outlook and Potential Analysis
30. Appendix
The "Global Forest Products Trucking Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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