The global road haulage market plays a pivotal role in the logistics ecosystem, serving as the backbone of trade and commerce by ensuring goods are transported efficiently across cities, countries, and regions. In 2025, the market is estimated at USD 2.49 trillion and is projected to expand to USD 6.73 trillion by 2034, registering a remarkable CAGR of 11.67% from 2025 to 2034.
Road haulage encompasses two major segments: domestic and international logistics services. These services operate through a wide range of commercial vehicles, from light commercial vans catering to last-mile deliveries to heavy-duty trucks transporting bulk commodities across borders.
The expansion of e-commerce, coupled with the growing demand for efficient supply chain management, is fueling this market’s trajectory. Additionally, the adoption of electric trucks, robust government infrastructure initiatives, and technological advancements in fleet management are reshaping the industry landscape.
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Market Dynamics
Key Growth Drivers
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E-commerce Expansion: Online retail giants such as Alibaba, Amazon, and Flipkart are driving demand for efficient, time-sensitive delivery networks.
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Infrastructure Development: Governments in India, China, UAE, and Europe are investing in road infrastructure, easing trade and reducing transit time.
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Sustainability Shift: Companies are embracing electric and hybrid commercial vehicles to minimize carbon emissions.
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Cross-border Trade: Globalization has amplified demand for international haulage services, with companies launching new long-route services.
Restraints
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Rising fuel costs remain a significant challenge for small and mid-tier logistics operators.
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Stringent emission regulations in Europe and North America require high investment in green technology.
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Global supply chain disruptions, particularly during crises, may slow market growth.
Opportunities
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Growth in last-mile logistics for e-commerce and healthcare sectors.
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Partnerships and collaborations between vehicle manufacturers and logistics firms to develop customized fleets.
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Rising demand in emerging markets across Asia and Africa, supported by digital logistics platforms.
Insights
By Type
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Domestic Road Haulage: Largest market share in 2025, owing to the increasing need for intercity and intrastate goods movement.
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International Road Haulage: Expected to grow at the fastest pace due to expanding cross-border trade in Europe and Asia.
By Vehicle
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Heavy Commercial Vehicles (HCVs): Dominated the market in 2025, supporting industries like oil & gas, mining, and large-scale retail.
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Light Commercial Vehicles (LCVs): Forecast to grow at the fastest CAGR, driven by last-mile delivery and EV adoption.
By Application
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Food and Beverage: Leading segment in 2025, fueled by the rising consumption of packaged foods and beverages.
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Manufacturing: Expected to grow at the highest CAGR due to demand for transportation of machinery, equipment, and raw materials.
By Region
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Asia Pacific: Largest share, supported by e-commerce penetration and robust infrastructure initiatives.
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Europe: Fastest-growing region, with strong adoption of hybrid vehicles and sustainable logistics practices.
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North America: Stable growth led by manufacturing and retail sectors.
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Market Segments Breakdown
| Segment | 2025 Status | Forecast Growth |
|---|---|---|
| Type | Domestic dominates | International fastest CAGR |
| Vehicle | HCV leads | LCV fastest CAGR |
| Application | Food & Beverage dominates | Manufacturing fastest CAGR |
| Region | Asia Pacific dominates | Europe fastest CAGR |
Top Companies in the Road Haulage Market
1. Kuehne+Nagel
About: Founded in 1890, Kuehne+Nagel is a global logistics leader headquartered in Switzerland, specializing in sea, air, and road freight solutions.
Products & Services: Road logistics, contract logistics, supply chain solutions, and e-commerce fulfillment.
Market Cap: Approximately USD 32 billion (2025).
2. LKW WALTER
About: Austria-based LKW WALTER is one of Europe’s largest road transport companies, focusing on full truck loads across the continent.
Products & Services: Domestic and international road transport, intermodal solutions, and green logistics.
Market Cap: Estimated private valuation of USD 4.5 billion (2025).
3. Manitoulin Transport Inc.
About: A Canadian logistics company with decades of expertise in domestic and cross-border haulage.
Products & Services: LTL (Less-than-Truckload), truckload, logistics, warehousing, and supply chain services.
Market Cap: Estimated valuation of USD 1.8 billion (2025).
4. Container Corporation of India (CONCOR)
About: A public sector company in India providing multimodal logistics and road haulage services.
Products & Services: Containerized freight transport, warehousing, logistics parks, and road-rail connectivity.
Market Cap: Approximately USD 6.4 billion (2025).
5. AM Cargo
About: A European logistics provider known for road haulage and cargo management solutions.
Products & Services: International road transport, warehousing, and distribution.
Market Cap: Estimated valuation of USD 500 million (2025).
6. Gosselin
About: Belgium-based Gosselin provides international logistics, road haulage, and relocation services.
Products & Services: Road haulage, freight forwarding, warehousing, and customs services.
Market Cap: Estimated valuation of USD 800 million (2025).
Future Trends
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Adoption of Electric Trucks: Companies like Daimler and Tesla are scaling production of EV trucks for road haulage.
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Digital Logistics Platforms: AI-powered route optimization and blockchain-based logistics management are gaining traction.
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Green Haulage Services: Carbon-neutral fleets and eco-friendly fuels are shaping future industry practices.
FAQs
Q1. What is the growth forecast for the road haulage market from 2025 to 2034
The market is projected to grow from USD 2.49 trillion in 2025 to USD 6.73 trillion by 2034 at a CAGR of 11.67 percent.
Q2. Which region leads the global road haulage market in 2025
Asia Pacific holds the largest share, driven by e-commerce growth and strong government infrastructure investments.
Q3. Which vehicle segment is expected to grow the fastest
The light commercial vehicles segment is expected to grow with the fastest CAGR due to last-mile delivery needs and EV adoption.
Q4. Who are the top companies in the road haulage market
Leading players include Kuehne+Nagel, LKW WALTER, Manitoulin Transport, CONCOR, AM Cargo, and Gosselin.
Q5. What are the main challenges in the road haulage industry
Challenges include rising fuel costs, strict environmental regulations, and disruptions in global supply chains.
Source : https://www.towardsautomotive.com/insights/road-haulage-market-sizing
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