0

Road Freight Transportation Market in Europe by Product and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR43875
Technavio

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The road freight transportation market size growth is expected to progress at a CAGR of 3% and is estimated to grow at USD 58.43 billion from 2021 to 2026.

This road freight transportation market in Europe research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The road freight transportation market report in Europe also offers information on several market vendors, including DACHSER SE, Deutsche Post DHL Group, DSV Panalpina AS, FedEx Corp., GEODIS, XPO Logistics Inc., Hellmann Worldwide Logistics SE and Co. KG, Kuehne + Nagel International AG, Rhenus SE and Co. KG, and Schenker AG among others.

This report further entails road freight transportation market segmentations, including:

  • Product - Food and beverages, metals and mining, dangerous goods, agriculture, and others
  • Geography - Germany, Spain, UK, France, and Rest of Europe

What will the Road Freight Transportation Market Size in Europe be During the Forecast Period?

Download the Free Report Sample to Unlock the Road Freight Transportation Market Size in Europe for the Forecast Period and Other Important Statistics

 

Road Freight Transportation Market in Europe: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing e-commerce industry is notably driving the road freight transportation market growth in Europe, although factors such as competitive pricing and higher operational costs may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the road freight transportation industry in Europe. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Road Freight Transportation Market Driver in Europe

One of the key factors driving growth in the Europe road freight transportation market is being an integral part of intermodal transportation. Intermodal transportation means the use of various modes of transportation for shipping a single or multiple shipments from the same source. Intermodal transportation is dominated by the railroad segment. This is because not all the ports or cities are accessible through the water channels. However, it is noticed that the road–water intermodal freight transportation is increasingly gaining popularity globally. Companies, nowadays, are increasingly relying on intermodal transportation for the shipment of goods. Companies now cannot only rely on one mode of transportation for shipping goods. Without road freights, shipments cannot reach the terminals of rail or seaports. Therefore, road freight is an integral part of intermodal transportation.

Key Road Freight Transportation Market Trend in Europe

The increasing popularity of RFID tags is another factor supporting the road freight transportation market share growth in Europe. Electromagnetic fields are used to automatically identify objects that are attached to radio frequency identification (RFID) tags. The information such as cargo details and date and time stamps are stored electronically in it. RFID tags have found quite a few applications in the field of transportation. The use of RFID tags reduces the time for companies to identify trucks at the inbound/outbound gates at different locations, such as warehouse gates or cross-border gates. It has many other applications, such as capturing the arrival and departure time of a truck or by including a reader at the fueling depot. It is estimated that due to the implementation of RFID tags, there has been a significant cost reduction. The use of RFID tags saves time. These factors will drive the Europe road freight transportation market growth during the forecast period.

Key Road Freight Transportation Market Challenge in Europe

The competitive pricing and higher operational costs will be a major challenge for the Europe road freight transportation market during the forecast period. Operational costs are constantly changing because of the volatility in the prices of crude oil. As freight companies are under contract, they cannot pass on the changes in the fuel prices to their customers. In addition, while renewing contracts, customers of the freight service providers negotiate for lower prices. There has been an increase in the demand for value-added services and specialized professional supply chain solutions. Road freight carriers are increasingly becoming competitive in terms of pricing their services. This has decreased the profitability of companies in the road freight business. The low revenue of small-sized road freight companies makes it challenging for them to achieve breakeven points early.

This road freight transportation market in Europe analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the road freight transportation market in Europe as a part of the global trucking market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the road freight transportation market in Europe during the forecast period.

Who are the Major Road Freight Transportation Market Vendors in Europe?

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

 

  • DACHSER SE
  • Deutsche Post DHL Group
  • DSV Panalpina AS
  • FedEx Corp.
  • GEODIS
  • XPO Logistics Inc.
  • Hellmann Worldwide Logistics SE and Co. KG
  • Kuehne + Nagel International AG
  • Rhenus SE and Co. KG
  • Schenker AG

 

This statistical study of the road freight transportation market in Europe encompasses successful business strategies deployed by the key vendors. The road freight transportation market in Europe is fragmented and the vendors are deploying growth strategies such as opting for mergers and acquisitions and strategic alliances to compete in the market.

Product Insights and News

  • DACHSER SE - The company offers transport and logistics solutions whose capabilities lie in a professional European network for procurement and distribution.

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.

The road freight transportation market in Europe forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Road Freight Transportation Market in Europe Value Chain Analysis

Our report provides extensive information on the value chain analysis for the road freight transportation market in Europe, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the trucking market includes the following core components:

  • Shippers
  • Truck operators
  • Trucking carriers
  • Consignees
  • Marketing and sales
  • Service
  • Support activities

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

Which are the Key Regions for Road Freight Transportation Market in Europe?

For more insights on the market share of various regions Request for a FREE sample now!

30% of the market’s growth will originate from the Rest of Europe during the forecast period. Poland is the key market for road freight transportation in the Rest of Europe. Market growth in this region will be slower than the growth of the market in other regions.

The geographic position of Italy and its connectivity to major European countries have been a major factor in attracting a large number of vendors in the country. This will facilitate the road freight transportation market in the Rest of Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

A large number of COVID-19 cases negatively impact the growth of the segment during 2020. However, with the lifting of lockdowns and progressing vaccination drives globally, logistics services are anticipated to rise during the forecast period, leading to the subsequent growth of the Europe road freight transportation market in focus during the forecast period.

What are the Revenue-generating Product Segments in the Road Freight Transportation Market in Europe?

To gain further insights on the market contribution of various segments Request for a FREE sample

The road freight transportation market share growth in Europe by the food and beverages segment will be significant during the forecast period. The food and beverage industry in Europe is expected to grow due to an increase in income levels, changing consumer preferences, improvement in standards of living, and an increase in the adoption of organic and packaged food and drinks. Such an increase in the food and beverages segment will drive the US road freight transportation market growth during the forecast period.

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

 

Road Freight Transportation Market Scope in Europe

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3%

Market growth 2021-2025

$ 58.43 billion

Market structure

Fragmented

YoY growth (%)

1.20

Regional analysis

Germany, Spain, UK, France, and Rest of Europe

Performing market contribution

Rest of Europe at 30%

Key consumer countries

Germany, France, Spain, UK, and Poland

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

DACHSER SE, Deutsche Post DHL Group, DSV Panalpina AS, FedEx Corp., GEODIS, XPO Logistics Inc., Hellmann Worldwide Logistics SE and Co. KG, Kuehne + Nagel International AG, Rhenus SE and Co. KG, and Schenker AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this Road Freight Transportation Market Report in Europe?

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

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Read More Read Less

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five Forces Analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Food and beverages - Market size and forecast 2020-2025
  • Metals and mining - Market size and forecast 2020-2025
  • Dangerous goods - Market size and forecast 2020-2025
  • Agriculture - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by Product

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Germany - Market size and forecast 2020-2025
  • Spain - Market size and forecast 2020-2025
  • UK - Market size and forecast 2020-2025
  • France - Market size and forecast 2020-2025
  • Rest of Europe - Market size and forecast 2020-2025
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Competitive scenario
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • DACHSER SE
  • Deutsche Post DHL Group
  • DSV Panalpina AS
  • FedEx Corp.
  • GEODIS
  • Hellmann Worldwide Logistics SE and Co. KG
  • Kuehne + Nagel International AG
  • Rhenus SE and Co. KG
  • Schenker AG
  • XPO Logistics Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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
Technavio

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
Technavio

TechnavioREPORT WRITING

Qualitative

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

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
The road freight transportation market in europe market growth will increase by $$ 58.43 bn during 2022-2025.
The road freight transportation market in europe market is expected to grow at a CAGR of 3% during 2022-2025.
Technavio has segmented the road freight transportation market in europe market by product (Food and beverages, Metals and mining, Dangerous goods, Agriculture, and Others) and geography (Germany, Spain, UK, France, and Rest of Europe).
DACHSER SE, Deutsche Post DHL Group, DSV Panalpina AS, FedEx Corp., GEODIS, XPO Logistics Inc., Hellmann Worldwide Logistics SE and Co. KG, Kuehne + Nagel International AG, Rhenus SE and Co. KG, Schenker AG are a few of the key vendors in the road freight transportation market in europe market.
Rest of Europe will register the highest growth rate of 30% among the other regions. Therefore, the road freight transportation market in europe market in Rest of Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the road freight transportation market in europe market growth are:
  • growing e-commerce industry
  • road freight, an integral part of intermodal transportation
The road freight transportation market in europe market vendors should focus on grabbing business opportunities from the food and beverages segment as it accounted for the largest market share in the base year.
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Industrials
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>