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Soaring Demand Set to Propel General Transport Market to $3965.9 Billion by 2029

08-19-2025 11:47 AM CET | Logistics & Transport

Press release from: The Business Research Company

General Transport

General Transport

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What Is the Expected CAGR for the General Transport Market Through 2025?
The size of the general transport market has seen significant increase in the preceding years. It is projected to escalate from $2647.12 billion in 2024 to $2895.21 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 9.4%. Factors contributing to this growth during the historical period include economic development, the expansion of global trade, urbanization, manufacturing and supply chain processes, as well as shifts in consumer behavior and the rise of e-commerce.

What's the Projected Size of the Global General Transport Market by 2029?
The overall size of the transport market is projected to witness robust growth in the coming years, expanding to $3965.9 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 8.2%. The projected growth can be linked to factors such as ecological sustainability, investment in infrastructure, digital transformation, automation, initiatives for mitigating climate change, public transport, and diversified modes of transport. The major trends expected to shape this growth period include digitalisation with smart mobility, electric and driverless vehicles, solutions for urban mobility, and developments in e-mobility and micromobility.

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Top Growth Drivers in the General Transport Industry: What's Accelerating the Market?
On-demand delivery services are the latest offerings by courier service companies, aiming to provide quicker and more streamlined parcel delivery. Customers are given the flexibility to choose when and where their packages are delivered according to their convenience. This service can be smoothly linked with e-commerce operations and point-of-sale systems, thereby allowing courier businesses to effectively handle their processes and offer parcel delivery that is faster, more affordable, and more dependable. For instance, on-demand courier services like UberRUSH operate in cities such as New York, Chicago, and San Francisco. These services are becoming popular for delivering prescription medication, laundry services, quick food delivery, and even marijuana. Prominent on-demand delivery service providers include Postmates, Deliv, Sidecar, and Amazon Flex in the US; PiggyBaggy in Finland; and Nimber in Norway.

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What Trends Will Shape the General Transport Market Through 2029 and Beyond?
Leading firms in the general transport services market are devising comprehensive solutions to secure a competitive edge by providing uninterrupted, comprehensive transportation and logistics services to their clients. Such integrated solutions serve as highly efficient platforms for transportation planning, negotiation, and implementation, enhanced by state-of-the-art analytics to optimize logistics and financial efficiency. For instance, in September 2023, 3SC Solutions, a provider of supply chain solutions based in India, rolled out iTMS (Intelligent Transport Management Solution). iTMS leverages artificial intelligence and data analytics to merge all aspects of the logistics transportation lifecycle. This innovative system introduced by 3SC Solutions is set to transform supply chain management.

What Are the Main 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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Which Top Companies are Driving Growth in the General Transport Market?
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.

Which Regions Will Dominate the General Transport Market Through 2029?
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.

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