Press release
Cross-Border Road Transport Market Size Forecasted To Achieve $324.58 Billion By 2029 With Steady Growth
Cross-Border Road Transport
What Is the Cross-Border Road Transport Market Size and Projected Growth Rate?
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, at a CAGR of 6.6%. This growth is driven by international trade agreements, economic development in emerging markets, rising consumer demand for faster delivery, expanding e-commerce, and increased infrastructure investment enhancing cross-border road connectivity.
The cross-border road transport market is projected to reach $324.58 billion by 2029, at a CAGR of 6.3%. Growth is driven by digitalization in logistics, sustainability and green logistics, AI and machine learning for route optimization, smart transportation infrastructure investment, and autonomous vehicle technologies. Key trends include blockchain for secure transactions, electric/hybrid trucks, advanced vehicle-to-everything communication, IoT for real-time monitoring, and autonomous driving advancements.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18551
What Are the Major Segments in the Cross-Border Road Transport Market?
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
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18551&type=smp
What Are The Driving Cross-Border Road Transport Market Evolution?
The expansion of e-commerce is expected to drive the growth of the cross-border road transport market. E-commerce has surged due to consumer demand for the convenience of online shopping and technological advancements. Cross-border road transport is essential for ensuring efficient delivery across borders, improving supply chains, and ensuring faster service. The U.S. Census Bureau reported in May 2024 that e-commerce sales grew by 8.5% in the first quarter of 2024, contributing to overall retail growth. This increasing e-commerce activity will support the growth of cross-border road transport.
Which Firms Dominate The Cross-Border Road Transport Market Segments?
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
What Are the Major Trends Shaping the Cross-Border Road Transport Market?
Companies in the cross-border road transport market are focusing on zero-emission logistics, such as electric truck services, to minimize environmental impact. Zero-emission logistics use vehicles that produce no direct emissions, such as electric or hydrogen-powered trucks. For example, in July 2024, Scan Global Logistics launched an electric truck service between Malaysia and Singapore, featuring trucks that can travel up to 200 kilometers per charge and carry 12 tons of cargo. These trucks also include real-time tracking and predictive maintenance for better operational efficiency.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/cross-border-road-transport-global-market-report
Which Is The Largest Region 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cross-Border Road Transport Market?
2. What is the CAGR expected in the Cross-Border Road Transport Market?
3. What Are the Key Innovations Transforming the Cross-Border Road Transport Industry?
4. Which Region Is Leading the Cross-Border Road Transport Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cross-Border Road Transport Market Size Forecasted To Achieve $324.58 Billion By 2029 With Steady Growth here
News-ID: 4036117 • Views: …
More Releases from The Business Research Company
Growing Demand For Bakery Products Fuels Expansion Of The Cream Powder Market: A …
The Cream Powder Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Cream Powder Market Size and Its Estimated Growth Rate?
The cream powder market has grown strongly in recent years. It will grow from $5.34 billion in 2024 to $5.8 billion in…
Cough Remedies Market Forecast 2025-2034: Comprehensive Analysis And Growth Oppo …
The Cough Remedies Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Cough Remedies Market?
The cough remedies market has grown strongly in recent years. It will grow from $11.06 billion in 2024 to $12.04 billion in 2025, at a…
Evolving Market Drivers In The Corneal Topographers Industry: Rising Prevalence …
The Corneal Topographers Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Corneal Topographers Market Size During the Forecast Period?
The corneal topographers market has grown strongly in recent years. It will grow from $0.88 billion in 2024 to $0.93 billion in 2025,…
Global Cookie And Website Tracker Scanning Software Market Analysis 2025-2030: G …
The Cookie And Website Tracker Scanning Software Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Cookie And Website Tracker Scanning Software Market Size Expected to Be by 2034?
The cookie and website tracker scanning software market has experienced rapid growth in recent…
More Releases for Transport
Public Transport Market Is Booming Worldwide | Metropolitan Transportation Autho …
A New Research on the Global Public Transport Market was conducted across a variety of industries in various regions to produce more than 150 page reports. This study is a perfect blend of qualitative and quantifiable information highlighting key market developments, industry and competitors' challenges in gap analysis and new opportunities and may be trending in the Public Transport market. Some are part of the coverage and are the core…
Yacht Transport Market Booming Worldwide with Top Transport Industry Players lik …
Yacht transport is the shipping of a yacht to a destination instead of sailing or motoring it. Yacht transport is an alternative to the traditional passaging (sailing or motoring) to reach desired destinations around the globe. Transport when compared to passaging is cost effective, safer and improves availability.
New market research report helps analyze the Yacht Transport market on a global basis and also offers forecast and statistics in terms of…
Road Haulage Market SWOT Analysis by Key Players: Kindersly Transport, AM Cargo …
The business of transporting goods and service via roads is called road haulage. Haulage is the process of shifting goods from one place other either vertically or horizontally.
The road haulage market is expected to expand at a notable growth rate during the forecast period owing to the increase in demand for rapid, safe, and efficient ground transportation. Expansion of transportation and automotive industries has propelled the road haulage market. Increase…
Yacht Transport Market Top Transport Industry - United Yacht Transport, Peters a …
This report on worldwide Yacht Transport Market is a detailed research examine that allows offers solutions and pertinent questions with respect to the rising trends and boom possibilities on this specific enterprise. It facilitates discover each of the distinguished limitations to growth, apart from figuring out the tendencies inside diverse application segments of the global Market for Yacht Transport Collecting historical and latest statistics from diverse proper resources, and relying…
Queensland Transport Infrastructure Conference supports growing transport infras …
The 7th Annual Queensland Transport Infrastructure Conference was held last week at the Brisbane Convention & Exhibition Centre to an audience of more than 200 delegates.
The conference signifies the transport infrastructure sector’s growing commitment towards the sharing of knowledge and industry best practices on some of the state’s largest transport projects.
Featuring more than 20 key speakers from a range of industry professionals from within the transport infrastructure sector, Chief…
Easy Transport Software a winner at £500 for smaller transport companies
Easy Transport continues to be excellent value for a very comprehensive transport job management system for smaller companies.
This easy-to-use system, produced by MSA Software Systems Ltd at Rochdale is used by hundreds of companies. It is ideal for start up companies or companies with small fleets. The software can by used for any transport requirement including couriers, people moving, goods, serrvices etc. Recent enhancements include displaying routes.The system runs…
