Press release
Key Trends Shaping the Future Cross-Border Road Transport Market From 2025-2034: Zero-Emission Logistics In Cross-Border Transport
Cross-Border Road Transport
The growing e-commerce sector is anticipated to boost the growth of the cross-border road transport market. E-commerce, driven by the rising preference for online shopping, requires efficient cross-border transport solutions to deliver goods internationally. This enhances supply chain operations and ensures timely service. For instance, e-commerce sales in the U.S. rose 8.5% in Q1 2024, with e-commerce accounting for 15.6% of total retail sales. Thus, the expanding e-commerce sector is propelling cross-border road transport growth.
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How will the growth rate of the cross-border road transport market shape industry trends by 2034?
The cross-border road transport market has experienced strong growth in recent years. It will grow from $238.03 billion in 2024 to $253.79 billion in 2025, with a CAGR of 6.6%. Increasing international trade, economic development in emerging markets, demand for faster delivery, expanding road networks, and the rise of e-commerce have all driven this market's growth.
The cross-border road transport market is expected to grow to $324.58 billion by 2029 at a CAGR of 6.3%. Growth factors include digitalization advancements, green logistics adoption, AI for route optimization, smart infrastructure investment, and autonomous vehicle technologies. Major trends include blockchain integration, electric and hybrid trucks, V2X communication systems, IoT for fleet management, and autonomous driving technology advancements.
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What trends are poised to drive the future success of the cross-border road transport market?
Companies in the cross-border road transport market are advancing with zero-emission logistics, like electric truck services, to reduce environmental impact. Electric trucks provide an eco-friendly alternative to traditional diesel vehicles in cross-border transportation. In July 2024, Scan Global Logistics A/S, a Denmark-based logistics company, launched an electric truck service between Malaysia and Singapore. These trucks offer a 200-kilometer range per charge and can carry up to 12 tons of cargo, featuring real-time tracking and predictive maintenance for increased operational efficiency.
Which primary segments of the cross-border road transport market are driving growth and industry transformations?
The cross-border road transport market covered in this report is segmented -
1) By Transportation Mode: Freight Transport, Passenger Transport
2) By Cargo Type: Perishable Goods, Non-Perishable Goods, Specialized Cargo
3) By End-user: Manufacturing, Retail And E-commerce, Automotive, Agriculture, Pharmaceuticals And Healthcare, Oil And Gas, Defense And Military Logistics, Individual, Other End-Users
Subsegments:
1) By Freight Transport: Full Truckload (FTI) Transport, Less Than Truckload (LTD) Transport, Containerized Freight Transport, Bulk Freight Transport, Refrigerated Freight Transport
2) By Passenger Transport: International Bus Services, Coach Services, Private Car Transport (Cross-Border), Ride-Sharing And Carpooling Services, Cross-Border Taxi Services
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Which geographical regions are pioneering growth in the cross-border road transport market?
North America was the largest region in the cross-border road transport market in 2024. The regions covered in the cross-border road transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the cross-border road transport market landscape?
Major companies operating in the cross-border road transport market are United Parcel Service Inc., Deutsche Post DHL Group, FedEx Corporation, Deutsche Bahn AG, Kuehne + Nagel International AG, DSV A/S, C.H. Robinson Worldwide Inc., Expeditors International of Washington Inc., Nippon Express Co. Ltd., Sinotrans Limited, Geodis, J.B. Hunt Transport Services Inc., Ryder System Inc., Kerry Logistics Network Limited, Dachser Group SE & Co. KG, XPO Logistics Inc., Toll Group, YRC Worldwide Inc., ArcBest Corporation, Hellmann Worldwide Logistics SE & Co. KG, Mainfreight Limited, Agility Public Warehousing Company K.S.C.P., Bolloré Logistics, CEVA Logistics AG, Rhenus Logistics
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What Is Covered In The Cross-Border Road Transport Global Market Report?
•Market Size Forecast: Examine the cross-border road transport market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the cross-border road transport market for a structured understanding.
•Key Players Overview: Analyze major players in the cross-border road transport market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cross-border road transport market.
•Segment Contributions: Evaluate how different segments drive overall growth in the cross-border road transport market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cross-border road transport market.
•Industry Challenges: Identify potential risks and obstacles affecting the cross-border road transport market.
•Competitive Landscape: Review strategic developments in the cross-border road transport market, including expansions, agreements, and new product launches.
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