Press release
Freight Transport Market 2023 - Industry Trends, Growth, Size And Forecast To 2032
Freight Transport Global Market
Freight Transport Market Size, Growth Rate, And Forecast
The global freight transport market size is expected to grow from $28.20 billion in 2022 to $31.82 billion in 2023 at a compound annual growth rate (CAGR) of 12.8%. 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 freight transport market size is expected to reach $49.06 billion in 2027 at a CAGR of 11.4%.
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Freight Transport Market Drivers
The growing e-commerce industry is expected to boost the freight transport market going forward. Freight transport is the general movement of goods using inland transportation on a particular network. The need for logistics and freight transport services has increased as a result of the expansion of e-commerce.
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Freight Transport Market Segments
1) By Offering: Solution, Services
2) By Mode Of Transport: Railways, Roadways, Seaways, Airways
3) By Vertical: Retail And E-commerce, Automotive, Aerospace, Pharmaceuticals, Energy, Other Verticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Freight Transport market.
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Freight Transport Market Key Players
Major competitors in the Freight Transport market include CEVA Logistics, CJ Logistics Corporation, Nippon Express Holdings, Kerry Logistics Network Limited, Kuehne + Nagel International AG, DSV Panalpina A/S
The Table Of Content For The Freight Transport Market Include:
1. Executive Summary
2. Freight Transport Market Characteristics
3. Freight Transport Market Trends And Strategies
4. Freight Transport Market - Macro Economic Scenario
5. Freight Transport Market Size And Growth
……
27. Freight Transport Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Freight Transport Market
29. Freight Transport Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Freight Transport Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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