Road Haulage Market Emerging Trends, Investment Opportunities & Competitive Benchmarking

Road Haulage Market Size, Trends, Share and Innovations

The road haulage market is forecast to grow from USD 2.49 trillion in 2025 to USD 6.73 trillion by 2034, driven by a CAGR of 11.67% from 2025 to 2034.

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Introduction

The road haulage market is a crucial branch of the logistics industry. This industry deals in providing road-based logistics solutions for transporting goods from one place to another. There are several types of services delivered by this sector comprising of domestic road haulage services and international road haulage services. These services are operated using numerous types of vehicles including light commercial vehicles and heavy commercial vehicles. It finds application in various end-user industries consisting of mining & construction, oil & gas, food & beverage, retail, manufacturing, healthcare, automotive and some others. The growing development in the e-commerce sector has contributed significantly to the industrial expansion. This market is expected to grow significantly with the rise of the commercial vehicle industry in different parts of the world.

Highlights of the Road Haulage Market

• Asia Pacific generated highest revenue of the road haulage market.
• Europe is expected to rise with the highest CAGR during the forecast period.
• By type, the domestic road haulage segment dominated this industry.
• By type, the international road haulage segment is expanding with the fastest CAGR during the forecast period.
• By vehicle, the heavy commercial vehicles segment held the largest share of the market.
• By vehicle, the light commercial vehicles segment is expected to grow with the fastest CAGR during the forecast period.
• By application, the food and beverage segment led the industry.
• By application, the manufacturing segment is expected to rise with the highest CAGR during the forecast period.

Key Metrics and Overview

What are the Trends of Road Haulage Market in 2025?

The major trends in this market consists of partnerships, developments in road infrastructure and rapid adoption of electric trucks.

Partnerships

Several logistics companies are partnering among each other for launching new route road haulage services to cater the needs of the isolated regions.

Developments in Road Infrastructure

Government of several countries such as India, China, Germany, UK, UAE and some others are launching various initiatives for developing the road infrastructure.

Rapid Adoption of Electric Trucks

E-commerce brands and techno healthcare companies are rapidly adopting electric trucks to reduce vehicular emission.

Type Insights

Why domestic road haulage segment held the largest share of the road haulage market in 2025?

The domestic road haulage segment led this industry. The growing application of domestic road haulage services for transporting goods from one city to another within a nation has boosted the industrial expansion. Moreover, the rising adoption of electric trucks and hybrid commercial vans to facilitate short-route logistics operations is expected to propel the growth of the road haulage market.

The international road haulage segment is expected to rise with the fastest CAGR during the forecast period. The rapid deployment of heavy-duty trucks for transporting goods from one nation to another has boosted the market expansion. Moreover, numerous services launched by market players to enhance cross border trade activities through roadways is expected to foster the growth of the road haulage market.

Vehicle Insights

How did the heavy commercial vehicles segment led the road haulage market in 2025?

The heavy commercial vehicles segment dominated the market. The growing adoption of electric trucks in various industries such as e-commerce, food and beverage, oil and gas, mining and some others has boosted the market growth. Moreover, collaborations among truck manufacturers and road haulage companies for developing customized trucks is expected to drive the growth of the road haulage market.

The light commercial vehicles segment is expected to rise with the fastest CAGR during the forecast period. The growing application of light commercial vehicles for operating last mile delivery has driven the market growth. Additionally, rapid investment by EV startups for developing LCEVs to cater the needs of the domestic road haulage services is expected to foster the growth of the road haulage market.

Application Insights

What made food and beverage to be the most dominant segment of road haulage market in 2025?

The food and beverage segment dominated this industry. The growing demand for packaged food items such as biscuits, frozen foods, milk products and some others has boosted the market growth. Also, numerous government initiatives aimed at developing the food and beverage sector is further contributing to the industrial expansion. Moreover, numerous partnerships among beverage companies and logistics operators to enhance supply chain is expected to propel the growth of the road haulage market.

The manufacturing segment is expected to grow with the highest CAGR during the forecast period. The growing demand for heavy machineries and mining equipment in different parts of the world has increased the demand for effective road haulage services, thereby driving the market expansion. Moreover, the rising adoption of sustainable road haulage services for transporting manufactured goods is expected to drive the growth of the road haulage market.

Geographical Insights

Why Asia Pacific dominated the road haulage market in 2025?

Asia Pacific held the largest share of the road haulage market. The growing adoption of online shopping platforms such as Alibaba, Flipkart, Chroma and some others has increased the demand for road haulage services, thereby driving the market expansion. Additionally, numerous government initiatives aimed at developing the road infrastructure is further contributing to the industrial growth. Moreover, the presence of several market players such as CONCOR, Yamato Transport, Nippon Express and some others is expected to propel the growth of the road haulage market in this region.

• In May 2024, Yamato Holdings Co., Ltd. launched an international road haulage service. This service is launched to connect South East Asia with other parts of Europe through road transportation. (Source: Yamato)

Europe is expected to grow with the fastest CAGR during the forecast period. The growing adoption of hybrid commercial vehicles in several countries such as Germany, France, Italy and some others for reducing vehicular emission has boosted the market expansion. Also, surge in demand for sustainable logistics services coupled with rapid growth in the manufacturing sector is playing a vital role in shaping the industrial landscape. Moreover, the presence of road haulage companies such as UK Haulier, Monarch Transport, LKW WALTER, Efret and some others is expected to drive the growth of the road haulage market in this region.

• In February 2024, Efret launched a new road freight service. This service is launched with an aim to connect UK with Morocco through roadways. (Source: Efret)

Industry Leader Announcement

• In March 2025, Christian Wilz, the Chairman of the Management Board of Mercedes-Benz Trucks & FUSO at Daimler Truck Germany made an announcement stating that,” With the eActros 600, we are bringing a powerful and highly efficient electric truck to the road, specifically designed for the demands of long-distance transport and which can already be operated economically today. We are very pleased with the close partnership with hylane and DHL, as well as the order for 30 vehicles. This is an impressive vote of confidence in our technology - and a clear commitment to change. Together, we are making an important contribution to the electrification of long-distance transport, which is responsible for about two-thirds of CO2 emissions in European road freight transport.”

Competitive Landscape

The road haulage market is a rapidly developing industry with the presence of several dominating players. Some of the prominent companies in this industry consists of Kuehne+Nagel, LKW WALTER; Manitoulin Transport Inc.; CONCOR; AM Cargo; Gosselin; Kindersley Transport Ltd.; Monarch Transport; SLH Transport, LLC; UK Haulier; Woodside Logistics Group and some others. These companies are constantly engaged in delivering road haulage services and adopting numerous strategies such as business expansions, launches, collaborations, acquisitions, joint ventures, partnerships and some others to maintain their dominance in this industry.

• According to the annual report of Kuehne+Nagel, the revenue of the company in 2023 was 23849 CHF million that increased to 24802 CHF million in 2024. (Source: Kuehne)

Recent Developments

• In April 2025, CONCOR signed a MoU with GAIL. This MoU is signed for developing the LNG-based road haulage infrastructure in India. (Source: Autocar Professional)
• In March 2025, LKW WALTER partnered with EDITEL. This partnership is done for delivering advanced road logistics service across Europe. (Source: EDITEL)
• In February 2025, Volvo Trucks launched ‘Road Train' system in India. This system is launched for enhancing the logistics operations across India. (Source: Yourstory)

Road Haulage Market Segments

By Type

• Domestic Road Haulage
• International Road Haulage

By Vehicle

• Light Commercial Vehicles
• Heavy Commercial Vehicles

By Application

• Mining & Construction
• Oil & Gas
• Food & Beverage
• Retail
• Manufacturing
• Healthcare
• Automotive
• Others

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific
• The Middle East and Africa