Press release
Global General Transport Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
General Transport
What Is the General Transport Market Size and Projected Growth Rate?
The general transport market size has seen significant growth in recent years. It will grow from $2647.12 billion in 2024 to $2895.21 billion in 2025 at a CAGR of 9.4%. This growth has been driven by economic expansion, the globalization of trade, urbanization, manufacturing and supply chain improvements, and shifts in consumer behavior and e-commerce.
The general transport market size is expected to experience strong growth in the next few years. It will grow to $3965.9 billion by 2029 at a compound annual growth rate (CAGR) of 8.2%. This growth is attributed to environmental sustainability, infrastructure investments, digitalization, automation, climate change mitigation efforts, and the expansion of public transit and multi-modal transportation. Notable trends include digitalization and smart mobility, electric and autonomous vehicles, urban mobility solutions, and the rise of e-mobility and micromobility.
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What Are the Major Segments in the General Transport Market?
The general transport market covered in this report is segmented -
1) By Type: Sightseeing Transport And Support Activities For Transport, Couriers And Messengers, Postal Services
2) By Shipment Category: Freight, Parcel, Express, Other Shipment Categories
3) By Application: Construction And Mining, Oil And Gas, Healthcare, Other Applications
Subsegments:
1) By Sightseeing Transport And Support Activities For Transport: Sightseeing Transport, Support Activities For Transport
2) By Couriers And Messengers: Couriers, Messengers
3) By Postal Services: Postal Delivery, Postal Services Management
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What Are The Driving General Transport Market Evolution?
Courier service companies are increasingly introducing on-demand delivery services to ensure quicker and more efficient parcel delivery. On-demand delivery allows customers to receive packages at a time and location that suits them, offering greater convenience. This service can also be connected to point-of-sale systems and e-commerce platforms, helping courier providers streamline operations while delivering a cost-effective, speedy, and dependable delivery solution. For example, UberRUSH operates as an on-demand courier service in cities like New York, Chicago, and San Francisco. These services are commonly used for delivering prescription medicines, laundry, fast food, and marijuana. Key on-demand delivery providers include Postmates, Deliv, Sidecar, and Amazon Flex in the USA; PiggyBaggy in Finland; and Nimber in Norway.
Which Firms Dominate The General Transport Market Segments?
Major companies operating in the general transport market include Amazon.com Inc., United States Postal Service, United Parcel Service Inc., Deutsche Post AG, FedEx Corporation, Japan Post Holdings Company Ltd., Le Groupe La Poste, Royal Mail Group Limited, SF Express Co. Ltd., Canada Post Corporation, DHL International GmbH, Kuehne Nagel International AG, DB Schenker, Agility Logistics, Expeditors International of Washington Inc., BDP International Inc., CEVA Logistics, Damco International BV, DSV A/S, Geodis, Hellmann Worldwide Logistics SE & Co. KG, J.B. Hunt Transport Services Inc., Knight-Swift Transportation Holdings Inc., Landstar System Inc., Old Dominion Freight Line Inc., Ryder System Inc., Schneider National Inc., Swift Transportation, TFI International Inc., Werner Enterprises Inc., XPO Inc., Matson Inc., Crowley Maritime Corporation, Hapag-Lloyd AG, Mediterranean Shipping Company SA, Nippon Yusen Kabushiki Kaisha.
What Trends Are Expected to Dominate the General Transport Market in the Next 5 Years?
In the general transport services market, companies are building integrated platforms for end-to-end logistics management. For instance, in September 2023, 3SC Solutions in India launched iTMS (Intelligent Transport Management Solution), an AI-powered tool that streamlines logistics operations through real-time data integration, enhancing efficiency and reducing costs.
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Which Is The Largest Region In The General Transport Market?
Western Europe was the largest region in the general transport services market in 2023. Asia-Pacific was the second largest region in the general transport services market. The regions covered in the general transport services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the General Transport Market?
2. What is the CAGR expected in the General Transport Market?
3. What Are the Key Innovations Transforming the General Transport Industry?
4. Which Region Is Leading the General Transport Market?
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