Global General Transport Market Growth 2024, Forecast To 2033
11 Jan, 2024
The general transport market size increased from $2386.18 billion in 2023 to $2597.14 billion in 2024, showcasing an 8.8% CAGR. Historical growth is attributed to economic growth, globalization of trade, urbanization, manufacturing and supply chain, and consumer behavior in e-commerce. Predicting strong growth, the market is expected to reach $3604.98 billion in 2028, with an 8.5% CAGR. Growth drivers include environmental sustainability, infrastructure investment, digitalization and automation, climate change mitigation, and public transit and multi-modal transportation. Key trends encompass digitalization, smart mobility, electric and autonomous vehicles, urban mobility solutions, and e-mobility and micromobility.
Global General Transport Market Key Driver
Courier service providers offer on-demand delivery, revolutionizing parcel services. On-demand delivery provides flexibility and efficiency, integrated with point-of-sale systems and e-commerce platforms. UberRUSH exemplifies this trend, transforming parcel delivery for diverse services like medicine, laundry, fast food, and marijuana.
Get A Free Sample Of The Global General Transport Market ReportGlobal General Transport Market Segments
The general transport market covered in this report is segmented –
1)By Type: Sightseeing Transport & Support Activities For Transport, Couriers And Messengers, Postal Services
2)By Shipment Category: Freight, Parcel, Express, Other Shipment Categories
3)By Application: Construction And Mining, Oil And Gas, Healthcare, Other Applications
Subsegments Covered: Scenic And Sightseeing Transport, Support Activities For Transport, Domestic Couriers, International Couriers
By Geography: The regions covered in the general transport market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
Western Europe was the largest region in the general transport services market in 2023. Asia-Pacific was the second largest region in the general transport services market. The regions covered in the general transport services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major General Transport Industry Players
Amazon.com Inc., United States Postal Service, United Parcel Service Inc., Deutsche Post AG, FedEx Corporation, Japan Post Holdings Company Ltd., Le Groupe La Poste, Royal Mail Group Limited, SF Express Co. Ltd., Canada Post Corporation, DHL International GmbH, Kuehne Nagel International AG, DB Schenker, Agility Logistics, Expeditors International of Washington Inc., BDP International Inc., CEVA Logistics, Damco International BV, DSV A/S, Geodis, Hellmann Worldwide Logistics SE & Co. KG, J.B. Hunt Transport Services Inc., Knight-Swift Transportation Holdings Inc., Landstar System Inc., Old Dominion Freight Line Inc., Ryder System Inc., Schneider National Inc., Swift Transportation, TFI International Inc., Werner Enterprises Inc., XPO Inc., Matson Inc., Crowley Maritime Corporation, Hapag-Lloyd AG, Mediterranean Shipping Company SA, Nippon Yusen Kabushiki Kaisha
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General Transport Market Overview
General transport services refer to a type of service that includes activities such as warehousing and storage services that are designed to assist people in moving from one location to another to obtain services or perform daily tasks that include the operation of warehousing and storage facilities for merchandise, refrigerated goods, and other materials.
General Transport Global Market Report 2023 provides data on the global general transport market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The general transport market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.