The Freight Trucking industry is expected to grow at an annualized 0.9% over the five years through 2022, to total $120.6 billion. This trend includes an anticipated decrease of 2.3% from 2021. Over 64,000 freight trucking companies operate in the industry, employing approximately 1.3 million people. The industry provides independent and complementary transportation services to other types of transport modes, such as rail, water and air transportation. From the perspective of the scale of freight transport in various ways, the share of road freight transport is decreasing, but it still dominates the freight transport industry in China. In 2021, road freight transportation volume accounted for approximately 75% of total freight transportation volumes.
The industry provides road freight and cargo transportation services using trucks, cars, trailers and other road vehicles.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Deppon Logistics Co. Ltd.
- S.F. Holding Co. Ltd.
- CMST Development Co. Ltd.
- Transfar Group
- Kua-Yue Express Group Co. Ltd.
Methodology
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