Road Freight Market Size to Grow at 2.89% by 2028: Cargo carriers limited, DB SCHENKER, DHL global forwarding to Contribute Significant Share

PRESS RELEASE
Published February 10, 2023

As per the report published by Evolve Business Intelligence, the global Road Freight Market is expected to reach $4.17 Trillion by 2028 growing at a CAGR of 2.89% from 2021 to 2028.

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COVID-19 scenario:

  • The temporary lockdown and restriction have led to supply chain disruption, presenting import and export challenges across different sectors.
  • The companies operating in the Road Freight market have been negatively impacted due to the COVID-19 pandemic resulted in an decrease in the growth of the market for 2020 and 2021.

The report provides a detailed analysis of the impact of COVID-19 coupled with End-user/Application/Industry Trend, and Preferences, Regulatory Framework/Government Policies, Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies, and Opportunity Window.

IMP NOTE: All our reports will be updated considering the impact of the COVID-19 scenario before delivery.

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The global Road Freight market provides an in-depth analysis of key players which includes:

  • Cargo Carriers Limited
  • DB SCHENKER
  • DHL global forwarding
  • KUEHNE + NAGEL
  • CJ logistics corporation
  • Kerry Logistics Network Limited
  • Nippon Express
  • TNT Express
  • CEVA Logistics

The global Road Freight Market is segmented based on deployment, component, and end use. On the basis of deployment, the market is segmented as Cloud, On-Premise. Based on the component, the market is segmented as Freight Transportation Cost Management, Freight Security and Monitoring System, Freight Mobility Solution, Warehouse Management System, Freight 3PL Solutions, Other Solutions. And based on the end use, the market is analyzed across the Aerospace and Defense, Automotive, Oil and Gas,Consumer and Retail, Energy and Power, Other End Users.

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Key Questioned Answered Through The Report:

  • The Impact of COVID-19 on the global market
  • What are the potential opportunities for new entrants in the global market
  • What is the market Size and Forecast from 2020 to 2028?
  • Key Players associated with the global Road Freight Market
  • Value Chain Analysis of Global Road Freight Market
  • What is the CAGR of the global Road Freight Market from 2021 to 2028
  • Major Growth Factor, Challenges, Trends, and Opportunities in the global market
  • Key outcomes of SWOT Analysis

About EvolveBI
Evolve Business Intelligence is market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.

Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

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