Press release
On the Road to Sustainability : Europe Road Freight Transportation Market Forecast, 2015-2025
The Europe road freight transportation market was valued at $394.15 billion in 2015, and is projected to reach $596.92 billion by 2025, registering a CAGR of 6.50% from 2020 to 2025.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/11226
Presently, Germany dominates the market, followed by France and the UK in terms of revenue. However, Spain is expected to grow at a higher CAGR during the forecast period.
Factors, such as increase in trading activities due to globalization, rise in focus of manufacturers & retailers on core competencies, and development of the e-commerce industry, drive the growth of the market.
However, risk toward goodwill of manufacturers and lack of control of manufacturers on logistics service hamper the growth of the Europe road freight transportation market. Moreover, strategic partnership with end users, surge in use of IT solutions & software, and cost cutting & lead time reduction due to adoption of multi-modal system provide lucrative opportunity for the growth of the Europe road freight transportation market.
Efficient and continuous services are required by customers in the freight transportation industry, which enable the operating companies to enhance their services as per the demand. This provides a lucrative growth opportunity for the market players as well as supports the market toward a positive growth.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/europe-road-freight-transportation-market/purchase-options
Moreover, road freight transportation offers numerous advantages such as flexibility and convenience for door-to-door delivery services and speedy delivery of products for shorter & medium distances. Road freight transportation is implemented mainly in domestic countries as they share a common border through which transportation activities can be carried out at a much cheaper cost. Moreover, several trade agreements between neighboring countries & governments have also supplemented the growth of road freight transportation across different locations.
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐ :
By end-use industry, the healthcare segment is expected to register a significant growth rate in the Europe road freight transportation market analysis during the forecast period.
Based on destination, the international or cross border segment is expected to register a significant growth rate in the Europe road freight transportation market analysis during the forecast period.
Spain is anticipated to exhibit the highest CAGR during the forecast period.
This study includes analytical depiction of the market along with current trends and future estimations to determine the imminent investment pockets.
In 2019, Germany led the market in Europe.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/11226
The leading companies listed in the market report expect high revenue from the Europe road freight transportation market returns.
The key players profiled in the Europe road freight transportation market include CMA CGM SA, Deutsche Bahn AG, DHL, DSV, Kuehne + Nagel, AP Moller Maersk, PRIMAFRIO SL, Turners (Soham) Ltd., UPS, and Wincanton Plc.
๐๐จ๐ง๐ญ๐๐๐ญ :
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Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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