The Business Research Company’s Local General Freight Trucking Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Local General Freight Trucking Global Market Report 2023 evaluates local general freight trucking market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global local general freight trucking market is expected to grow from $141,465.22 million in 2027 at a rate 1.9%. The market is then expected to grow at a CAGR of 19.0% from 2027 and reach $158,987.29 million in 2032.
The increase in e-commerce sales is expected to fuel the growth of the local freight trucking market in the forecast period. E-Commerce refers to the purchase and sale of products and services on the Internet. The e-commerce industry relies on trucking to move its items from one location to another, which impacts the trucking industry directly. For example, according to the International Trade Administration, an agency in the United States Department of Commerce, e-commerce sales in Canada were estimated to be around $2.34 billion in March 2022. By 2025, it is predicted that retail eCommerce sales will reach $40.3 billion. Also, according to ecommerce DB, a Hamburg-based IT services and IT consulting company, the Russian eCommerce market is anticipated to grow by 67.2% in 2023, which will help contribute to the 10.4% global growth rate for 2023. The increase in e-commerce sales will increase the demand to transport the goods and thereby drive the growth of the local freight trucking market.
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The local general freight trucking market segments in the report are:
1) By Type: Truckload Transportation; Less-Than-Truckload Transportation; Intermodal Transportation; Dry-Bulk Transportation; Other Types
2) By Size: Heavy Trucks; Medium Trucks; Light Trucks
3) By Application: Oil And Gas; Industrial And Manufacturing; Energy And Mining; Food And Beverages; Pharmaceuticals And Healthcare; Other Applications
The table of contents in TBRC’s edtech and smart classrooms market report includes:
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction and Market Characteristics
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21. Opportunities And Strategies
22. Local General Freight Trucking Market, Conclusions And Recommendations
23. Appendix
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