Rail Freight Transportation Market in APAC by Mode of Transportation and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR41559
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The rail freight transportation market in APAC has the potential to grow by USD 9.14 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 2.87%.

This rail freight transportation market research report of APAC provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by mode of transportation (intermodals, tank wagons, and freight cars) and geography (China, India, Australia, and rest of APAC). The rail freight transportation market report of APAC also offers information on several market vendors, including Aurizon Holdings Ltd., China State Railway Group Co. Ltd., Indian Railways, Japan Freight Railway Co., KiwiRail Ltd., OBB-Holding AG, Pacific National Group, PT Kereta Api Indonesia (Persero), Qube Holdings Ltd., and Twentieth Super Pace Nominees Pty Ltd. among others.

What will the Rail Freight Transportation Market Size in APAC be in 2021?

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Rail Freight Transportation Market in APAC: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The low cost of rail freight services is notably driving the rail freight transportation market growth in APAC, although factors such as growing competition from alternate freight services may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the rail freight transportation industry in APAC get your FREE report sample now.

  • The relatively low price of rail freight compared with other modes of transports can positively influence the growth of the rail freight transportation market in APAC during the forecast period. 
  • Some of the major components of airfreight cost are jet fuel surcharges, transportation cost, labor and handling expenses, customs brokerage, and landing charges. The rise in fuel prices is one of the major factors driving the overall airfreight cost.
  • The road freight charges are also increasing in APAC due to the rise in fuel prices in the region. 
  • The above-mentioned factors are driving the popularity of rail freight services among shippers in APAC. The transport of goods through rail is rising in major countries such as China. 
  • The increase in investments in the market will drive the growth of the rail freight transportation market in APAC during the forecast period. 
  • There is an increase in investments in the market to improve rail infrastructure and implement high-speed and high-capacity freight trains by governments and vendors in the market. 
  • Governments such as the Indian government are investing in developing rail infrastructure to increase connectivity and ensure the smooth passage of cargo and passengers.
  • The introduction of high-speed and high-capacity freight trains will also drive market growth in APAC during the forecast period. 

This rail freight transportation market analysis report of APAC also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Rail Freight Transportation Market Vendors in APAC?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Aurizon Holdings Ltd.
  • China State Railway Group Co. Ltd.
  • Indian Railways
  • Japan Freight Railway Co.
  • KiwiRail Ltd.
  • OBB-Holding AG
  • Pacific National Group
  • PT Kereta Api Indonesia (Persero)
  • Qube Holdings Ltd.
  • Twentieth Super Pace Nominees Pty Ltd.

 

The rail freight transportation market in APAC is fragmented and the vendors are deploying growth strategies such as distinguishing their services through a clear and unique value proposition to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the rail freight transportation market forecast report of APAC for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Rail Freight Transportation Market in APAC?

Rail-Freight-Transportation-Market-In-APAC-Market-Share-by-Region-2020-2025

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75% of the market’s growth will originate from China during the forecast period. Market growth in China will be faster than the growth of the market in India, Australia, and rest of APAC.

The increasing investment in developing rail infrastructure will facilitate the rail freight transportation market growth in China over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Mode of Transportation Segments in the Rail Freight Transportation Market in APAC?

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The rail freight transportation market share growth in APAC by the intermodals segment will be significant during the forecast period. Intermodals refer to the transportation of shipping containers and truck trailers by the rail line. The increase in industrial and cross-border trade activities is a key factor that will drive the growth of the segment during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the rail freight transportation market size in APAC.

 

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What are the Key Factors Covered in this Rail Freight Transportation Market Report of APAC?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive rail freight transportation market growth in APAC during the next five years
  • Precise estimation of the rail freight transportation market size in APAC and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the rail freight transportation industry across China, India, Australia, and rest of APAC
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of rail freight transportation market vendors in APAC

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The rail freight transportation market growth will increase by $11.20 billion during 2019-2024.
The rail freight transportation market is expected to grow at a CAGR of 3.28% during 2019-2024.
Technavio has segmented the rail freight transportation market by other 1 (Intermodals, Tank wagons, and Freight cars) and geographic (China, India, Australia, and Rest of APAC).
Aurizon Holdings Ltd., China State Railway Group Co. Ltd., Container Corp. of India Ltd., Indian Railways, Japan Freight Railway Co., KiwiRail Ltd., Pacific National Group, PT Kereta Api Indonesia (Persero), Qube Holdings Ltd., Twentieth Super Pace Nominees Pty Ltd. are a few of the key vendors in the rail freight transportation market.
China will register the highest growth rate of 71.52% among the other regions. Therefore, the rail freight transportation market in China is expected to garner significant business opportunities for the vendors during the forecast period.
  • China
  • India
  • Australia
  • Japan
  • South Korea (Republic of Korea)
  • New Zealand
The key factors driving the rail freight transportation market growth are:
  • Increasing investments in market
  • Emergence of digitalization in rail freight services
The rail freight transportation market vendors should focus on grabbing business opportunities from the intermodals segment as it accounted for the largest market share in the base year.
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