ASEAN Road Freight Transport Market - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

The ASEAN Road Freight Transport Market is segmented by End User ( Agriculture, Fishing And Forestry, Construction, Manufacturing, Oil And Gas, Mining And Quarrying, Wholesale And Retail Trade, Others ) , by Destination ( Domestic, International ) , by Truckload Specification ( Full Truckload, Less Than Truckload ) , by Containerization ( Containerized, Non- Containerized ) , by Distance ( Long Haul, Short Haul ) , by Product Type ( Liquid Goods, Solid Goods ) , by Temperature Control ( Controlled, Non-Controlled ) and by Country ( Indonesia, Malaysia, Thailand, Vietnam )

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ASEAN Road Freight Transport Market Size

market-snapshot graph
https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period: 2016 - 2028
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End User: Manufacturing
https://s3.mordorlabs.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country: Indonesia
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: 5.89 %

Major Players
major-player-company-image major-player-company-image major-player-company-image major-player-company-image

*Disclaimer: Major Players sorted in no particular order

Key Players

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ASEAN Road Freight Transport Market Analysis

The ASEAN Road Freight Transport Market is projected to register a CAGR of 5.89%

  • Largest Segment by Distance - Long Haul : Long-haul trucking garners the highest market share in the ASEAN road freight transport market owing to the initiatives taken by the government to increase infrastructure developments that facilitated the growth of this segment by facilitating cross-border transportation.
  • Largest Segment by Product Type - Solid Goods : Solid goods dominate the product type segment over liquid goods in ASEAN as industries such as construction, textile and apparel, machinery and equipment, electronics, automobiles, and others are included in the solid goods category.
  • Largest Segment by End User - Manufacturing : Manufacturing end-user segment is the largest segment in the ASEAN region. The sector contributed around 7.01% towards GDP in the region. Hence, the sector is a major driver of economies in the region.
  • Fastest Growing Segment by TruckLoad Specification - Less than Truckload : Small and medium-sized enterprises are one of the key end users of this service, making the less-than truckload segment the fastest-growing sector among truckload specifications in the ASEAN region.

ASEAN Road Freight Transport Industry Segmentation

Agriculture, Fishing And Forestry, Construction, Manufacturing, Oil And Gas, Mining And Quarrying, Wholesale And Retail Trade, Others are covered as segments by End User. Domestic, International are covered as segments by Destination. Full Truckload, Less Than Truckload are covered as segments by Truckload Specification. Containerized, Non- Containerized are covered as segments by Containerization. Long Haul, Short Haul are covered as segments by Distance. Liquid Goods, Solid Goods are covered as segments by Product Type. Controlled, Non-Controlled are covered as segments by Temperature Control. Indonesia, Malaysia, Thailand, Vietnam are covered as segments by Country.
End User
Agriculture, Fishing And Forestry
Construction
Manufacturing
Oil And Gas, Mining And Quarrying
Wholesale And Retail Trade
Others
Destination
Domestic
International
Truckload Specification
Full Truckload
Less Than Truckload
Containerization
Containerized
Non- Containerized
Distance
Long Haul
Short Haul
Product Type
Liquid Goods
Solid Goods
Temperature Control
Controlled
Non-Controlled
Country
Indonesia
Malaysia
Thailand
Vietnam
Rest Of ASEAN

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ASEAN Road Freight Transport Market Trends

This section covers the major market trends shaping the ASEAN Road Freight Transport Market according to our research experts:

Manufacturing is the largest segment by End User.

  • The Indonesian wholesale and retail trade sector captured the highest market share of 28.12% in 2021 in the Indonesian road freight transport market. The wholesale and retail trade sector contributed USD 108.06 billion in 2021 to the country's GDP, up from USD 97.06 billion in 2020, witnessing a YoY growth rate of 11.33%. The sector contributed 9.10% of the country’s GDP in 2021.
  • The US imports of Thai agricultural fishery and forest products declined by 1% to USD 4,187 million in 2021 from USD 4,239 million in 2020. Consumer-oriented products accounted for half of US agricultural product imports from Thailand in 2021, followed by seafood products (29%), bulk commodities (18%), intermediate products (4%), and forest products (2%), respectively.
  • In Malaysia, the wholesale and retail trade recorded a sales value of MYR 92.7 billion (USD 22.18 billion) in July 2021, registering a negative growth rate of -14.7% YoY. The fall was contributed by all sub-sectors, with motor vehicles -85.4%, retail trade -8.1%, and wholesale trade -1.1%. In terms of volume index, wholesale and retail trade registered a negative growth of -16.7% YoY to record 106.5 points. The main sub-sector that contributed to the fall was motor vehicles, with a decrease of -88.2%. Retail and wholesale trade also recorded negative growth of -8.9% and -4.0%, respectively. However, the seasonally adjusted volume index grew by 1.0% month-on-month in July 2021.
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Indonesia is the largest segment by Country.

  • Indonesia is the leader in the ASEAN region in terms of trade volumes. In 2021, the GDP from road transportation in Indonesia was IDR 407.34 trillion (USD 28.56 billion), showing an increase of around IDR 26 trillion (USD 1.82 billion) from the previous year. In comparison to other segments of the Indonesian transportation and warehouse industry, air transportation witnessed the highest decrease of around IDR 9 trillion (USD 0.63 billion) from the previous year.
  • Thailand holds the second position in the ASEAN region regarding trade volumes. In 2020, the total logistics cost in the country amounted to around THB 2.2 trillion (USD 73.3 billion), indicating a slight decrease from the previous year. In that year, the cost of transport accounted for the largest share of the logistics cost in the country. In 2020, the contribution of logistics cost to the total GDP in Thailand amounted to around 14.1%. In that year, the total logistics cost in the country amounted to over THB 2 trillion (USD 66.63 billion).
  • Malaysia comes third in the ASEAN region in terms of trade volumes. To further boost trade, the government has taken various initiatives. The Malaysian government has made considerable progress in expanding and modernizing its infrastructure throughout the country. This effort is evident in the five-year centralized economic development plan known as the Malaysia Plan, whereby public sector infrastructure development consistently holds the largest funding portion. Among the revived mega infrastructure projects are the 640 km-long East Coast Rail Link project, which resumed work on July 25, 2020, after a year-long suspension.
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ASEAN Road Freight Transport Industry Overview

The ASEAN Road Freight Transport Market is fragmented, with the top five companies occupying 1.08%. The major players in this market are Deutsche Post DHL Group, Kerry Logistics Network Limited, MOL Logistics, Tiong Nam Logistics and Yamato Transport (sorted alphabetically).

ASEAN Road Freight Transport Market Leaders

  1. Deutsche Post DHL Group

  2. Kerry Logistics Network Limited

  3. MOL Logistics

  4. Tiong Nam Logistics

  5. Yamato Transport

*Disclaimer: Major Players sorted in no particular order

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ASEAN Road Freight Transport Market News

  • March 2022: DHL Express and Cargojet Inc. announced that they have entered into a new long-term agreement.
  • March 2022: MOL Logistics Group announced its plans to use Euglena's renewable diesel fuel, SUSTEO, in trucks for pickup and delivery of import and export through air and ocean cargoes.
  • December 2021: Deutsche Post DHL Group is introducing a global DHL Green Carrier Certification to reward road transport subcontractors for their efforts to become more sustainable.

ASEAN Road Freight Transport Market Report - Table of Contents

  1. 1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. 2. REPORT OFFERS

  3. 3. INTRODUCTION

    1. 3.1. Study Assumptions & Market Definition

    2. 3.2. Scope of the Study​

    3. 3.3. Research Methodology

  4. 4. KEY INDUSTRY TRENDS

    1. 4.1. GDP Distribution By Economic Activity

    2. 4.2. GDP Growth By Economic Activity

    3. 4.3. Wholesale Price Inflation

    4. 4.4. Economic Performance And Profile

    5. 4.5. Transport And Storage Sector GDP

    6. 4.6. Logistics Performance

    7. 4.7. Modal Share Of Freight Transport Sector

    8. 4.8. Length Of Roads

    9. 4.9. Export Trends

    10. 4.10. Import Trends

    11. 4.11. Fuel Pricing Trends

    12. 4.12. Trucking Operational Costs

    13. 4.13. Trucking Fleet Size By Type

    14. 4.14. Major Truck Suppliers

    15. 4.15. Road Freight Tonnage Trends

    16. 4.16. Road Freight Pricing Trends

    17. 4.17. Regulatory Framework

    18. 4.18. Value Chain & Distribution Channel Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1. End User

      1. 5.1.1. Agriculture, Fishing And Forestry

      2. 5.1.2. Construction

      3. 5.1.3. Manufacturing

      4. 5.1.4. Oil And Gas, Mining And Quarrying

      5. 5.1.5. Wholesale And Retail Trade

      6. 5.1.6. Others

    2. 5.2. Destination

      1. 5.2.1. Domestic

      2. 5.2.2. International

    3. 5.3. Truckload Specification

      1. 5.3.1. Full Truckload

      2. 5.3.2. Less Than Truckload

    4. 5.4. Containerization

      1. 5.4.1. Containerized

      2. 5.4.2. Non- Containerized

    5. 5.5. Distance

      1. 5.5.1. Long Haul

      2. 5.5.2. Short Haul

    6. 5.6. Product Type

      1. 5.6.1. Liquid Goods

      2. 5.6.2. Solid Goods

    7. 5.7. Temperature Control

      1. 5.7.1. Controlled

      2. 5.7.2. Non-Controlled

    8. 5.8. Country

      1. 5.8.1. Indonesia

      2. 5.8.2. Malaysia

      3. 5.8.3. Thailand

      4. 5.8.4. Vietnam

      5. 5.8.5. Rest Of ASEAN

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1. Key Strategic Moves

    2. 6.2. Market Share Analysis

    3. 6.3. Company Landscape

    4. 6.4. Company Profiles

      1. 6.4.1. Deutsche Post DHL Group

      2. 6.4.2. Gemadept logistics

      3. 6.4.3. K Line Logistics

      4. 6.4.4. Kerry Logistics Network Limited

      5. 6.4.5. Konoike Group

      6. 6.4.6. MOL Logistics

      7. 6.4.7. Overland Total Logistic

      8. 6.4.8. Profreight Group

      9. 6.4.9. Tiong Nam Logistics

      10. 6.4.10. Yamato Transport

      11. 6.4.11. Yatfai Group

  7. 7. KEY STRATEGIC QUESTIONS FOR ROAD FREIGHT CEOS

  8. 8. APPENDIX

    1. 8.1. Global Logistics Market Overview

      1. 8.1.1. Overview

      2. 8.1.2. Porter’s Five Forces Framework

      3. 8.1.3. Global Value Chain Analysis

      4. 8.1.4. Market Dynamics (Market Drivers, Restraints & Opportunities)

    2. 8.2. Sources & References

    3. 8.3. List of Tables & Figures

    4. 8.4. Primary Insights

    5. 8.5. Data Pack

    6. 8.6. Glossary of Terms

    7. 8.7. Currency Exchange Rate

List of Tables & Figures

    Figure 1:  

    DISTRIBUTION OF GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY, ASEAN, SHARE %, 2021

    Figure 2:  

    GROWTH OF GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY, ASEAN, CAGR %, 2016 – 2021

    Figure 3:  

    TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT, ASEAN, VALUE, USD, 2016 – 2021

    Figure 4:  

    TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT, ASEAN, SHARE %, 2016 – 2021

    Figure 5:  

    MODAL SHARE OF FREIGHT TRANSPORT SECTOR, ASEAN, SHARE %, BY VOLUME (TONS), SHARE%, 2021

    Figure 6:  

    LENGTH OF ROADS BY TYPE OF SURFACE, ASEAN, SHARE %, 2021

    Figure 7:  

    LENGTH OF ROADS BY TYPE OF ROAD, ASEAN, SHARE %, 2021

    Figure 8:  

    VALUE OF EXPORTS, ASEAN, USD, 2016-2021

    Figure 9:  

    VALUE OF IMPORTS, ASEAN, USD, 2016-2021

    Figure 10:  

    FUEL PRICE BY TYPE OF FUEL, ASEAN, USD PER LITRE, 2016-2021

    Figure 11:  

    TRUCKING OPERATIONAL COSTS, ASEAN, SHARE %, 2021

    Figure 12:  

    TRUCKING FLEET SIZE BY TYPE, ASEAN, SHARE %, 2021

    Figure 13:  

    ROAD FREIGHT TRANSPORT LOAD PICKED, ASEAN, TONS, 2016-2028

    Figure 14:  

    ROAD FREIGHT TRANSPORT RATES, ASEAN, USD/TON-KM, 2016-2021

    Figure 15:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, VOLUME, TON-KM, 2016 - 2028

    Figure 16:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, VALUE, USD, 2016 - 2028

    Figure 17:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, BY END USER, VOLUME, TON-KM, 2016 - 2028

    Figure 18:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, BY END USER, VALUE, USD, 2016 - 2028

    Figure 19:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SHARE(%), VALUE, BY END USER, 2016 - 2028

    Figure 20:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, AGRICULTURE, FISHING AND FORESTRY, VOLUME, TON-KM, 2016 - 2028

    Figure 21:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, AGRICULTURE, FISHING AND FORESTRY, VALUE, USD, 2016 - 2028

    Figure 22:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SHARE(%), BY DESTINATION, 2021 - 2028

    Figure 23:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, CONSTRUCTION, VOLUME, TON-KM, 2016 - 2028

    Figure 24:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, CONSTRUCTION, VALUE, USD, 2016 - 2028

    Figure 25:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SHARE(%), BY DESTINATION, 2021 - 2028

    Figure 26:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, MANUFACTURING, VOLUME, TON-KM, 2016 - 2028

    Figure 27:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, MANUFACTURING, VALUE, USD, 2016 - 2028

    Figure 28:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SHARE(%), BY DESTINATION, 2021 - 2028

    Figure 29:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, OIL AND GAS, MINING AND QUARRYING, VOLUME, TON-KM, 2016 - 2028

    Figure 30:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, OIL AND GAS, MINING AND QUARRYING, VALUE, USD, 2016 - 2028

    Figure 31:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SHARE(%), BY DESTINATION, 2021 - 2028

    Figure 32:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, WHOLESALE AND RETAIL TRADE, VOLUME, TON-KM, 2016 - 2028

    Figure 33:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, WHOLESALE AND RETAIL TRADE, VALUE, USD, 2016 - 2028

    Figure 34:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SHARE(%), BY DESTINATION, 2021 - 2028

    Figure 35:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, OTHERS, VOLUME, TON-KM, 2016 - 2028

    Figure 36:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, OTHERS, VALUE, USD, 2016 - 2028

    Figure 37:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SHARE(%), BY DESTINATION, 2021 - 2028

    Figure 38:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, BY DESTINATION, VOLUME, TON-KM, 2016 - 2028

    Figure 39:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, BY DESTINATION, VALUE, USD, 2016 - 2028

    Figure 40:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SHARE(%), VALUE, BY DESTINATION, 2016 - 2028

    Figure 41:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, DOMESTIC, VOLUME, TON-KM, 2016 - 2028

    Figure 42:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, DOMESTIC, VALUE, USD, 2016 - 2028

    Figure 43:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SHARE(%), BY END USER, 2021 - 2028

    Figure 44:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, INTERNATIONAL, VOLUME, TON-KM, 2016 - 2028

    Figure 45:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, INTERNATIONAL, VALUE, USD, 2016 - 2028

    Figure 46:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SHARE(%), BY END USER, 2021 - 2028

    Figure 47:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, BY TRUCKLOAD SPECIFICATION, VALUE, USD, 2016 - 2028

    Figure 48:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SHARE(%), VALUE, BY TRUCKLOAD SPECIFICATION, 2016 - 2028

    Figure 49:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, FULL TRUCKLOAD, VALUE, USD, 2016 - 2028

    Figure 50:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %

    Figure 51:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, LESS THAN TRUCKLOAD, VALUE, USD, 2016 - 2028

    Figure 52:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %

    Figure 53:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, BY CONTAINERIZATION, VALUE, USD, 2016 - 2028

    Figure 54:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SHARE(%), VALUE, BY CONTAINERIZATION, 2016 - 2028

    Figure 55:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, CONTAINERIZED, VALUE, USD, 2016 - 2028

    Figure 56:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %

    Figure 57:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, NON- CONTAINERIZED, VALUE, USD, 2016 - 2028

    Figure 58:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %

    Figure 59:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, BY DISTANCE, VALUE, USD, 2016 - 2028

    Figure 60:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SHARE(%), VALUE, BY DISTANCE, 2016 - 2028

    Figure 61:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, LONG HAUL, VALUE, USD, 2016 - 2028

    Figure 62:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %

    Figure 63:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SHORT HAUL, VALUE, USD, 2016 - 2028

    Figure 64:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %

    Figure 65:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, BY PRODUCT TYPE, VALUE, USD, 2016 - 2028

    Figure 66:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SHARE(%), VALUE, BY PRODUCT TYPE, 2016 - 2028

    Figure 67:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, LIQUID GOODS, VALUE, USD, 2016 - 2028

    Figure 68:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %

    Figure 69:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SOLID GOODS, VALUE, USD, 2016 - 2028

    Figure 70:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %

    Figure 71:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, BY TEMPERATURE CONTROL, VALUE, USD, 2016 - 2028

    Figure 72:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, SHARE(%), VALUE, BY TEMPERATURE CONTROL, 2016 - 2028

    Figure 73:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, CONTROLLED, VALUE, USD, 2016 - 2028

    Figure 74:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %

    Figure 75:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, NON-CONTROLLED, VALUE, USD, 2016 - 2028

    Figure 76:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %

    Figure 77:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, MALAYSIA, VALUE, USD, 2016 - 2028

    Figure 78:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %

    Figure 79:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, THAILAND, VALUE, USD, 2016 - 2028

    Figure 80:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %

    Figure 81:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, VIETNAM, VALUE, USD, 2016 - 2028

    Figure 82:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %

    Figure 83:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, REST OF ASEAN, VALUE, USD, 2016 - 2028

    Figure 84:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %

    Figure 85:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021

    Figure 86:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021

    Figure 87:  

    ASEAN ROAD FREIGHT TRANSPORT MARKET SHARE(%), BY MAJOR PLAYERS, 2021

Market Definition

  • CABOTAGE - Road transport by a motor vehicle registered in a country performed on the national territory of another country.
  • CONTAINERIZATION - Road freight transport in the form of containerized as well as non-containerized road freight transport is considered in the study.
  • CONTAINERIZED CARGO - Containerized cargo means general goods, commodities or wares that are shipped in non-dContainerized cargo means general goods, commodities or wares that are shipped in non-disposable, reusable, commercial sized shipping containersisposable, reusable, commercial sized shipping containers
  • CROSS TRADE - International road transport between two different countries performed by a road motor vehicle registered in a third country. A third country is a country other than the country of loading/embarkation and than the country of unloading/disembarkation.
  • DISTANCE TYPES - Both long haul and short haul road freight transport markets are considered in the study.
  • DOMESTIC ROAD FREIGHT TRANSPORT - Domestic Road Freight Transportation includes all the freight activity within the country comprising both inter-state and intra state fright flows
  • END USER - Road Freight Transport market is analyzed based on the major end users viz. Oil & Gas, Mining & Quarrying, Construction, Manufacturing,Wholesale & Retail Trade, Agriculture, Fishing & Forestry among other end users
  • FULL TRUCKLOAD - Full Truckload shipping is the movement of large amounts of homogeneous cargo, generally the amount necessary to fill an entire semi-trailer or intermodal container. A Full truckload carrier is a trucking company that generally contracts an entire trailer-load to a single customer.
  • INTERNATIONAL ROAD FREIGHT TRANSPORT - International road freight transport refers to the cross-border transportation or flow of freight across international borders.
  • LESS THAN TRUCKLOAD - LTL refers to “Less-than-Truck Load”, a mode of freight transport that offers flexible options when the amount of cargo needing to be moved does not fill a full truck load (FTL) but is too large or heavy for parcel shipping.
  • LIQUID GOODS - Liquid Goods include all goods which are liquid in nature (crude petroleum, oil, gasoline, liquid fertilizers, alcoholic and non-alcoholic beverages to name a few)
  • LONG HAUL ROAD FREIGHT TRANSPORT - Long-distance trucking (Long Haul) establishments carry goods between metropolitan areas or cross border. (greater than or equal to 100 miles)
  • NON- CONTAINERIZED CARGO - Non-Containerised Cargo refers to goods shipped in pieces separately without the use of a container. These goods are shipped in crates, bags, boxes, drums, barrels and they are extremely large in sizes/dimensions.
  • PRODUCT TYPES - Both solid and liquid goods are considered in terms of the type of products transported, in the study.
  • ROAD FREIGHT TRANSPORT - Hiring a trucking agency for transport of commodities (raw materials or manufactured goods including both solids and liquids) form the origin to a destination within the country (domestic) or cross-border (international) constitutes road freight transport market. The service might be Full-Truck-Load or Less than-Truck-Load, containerized or non-containerized, temperature controlled or non temperature controlled, short haul or long haul.
  • SHORT HAUL ROAD FREIGHT TRANSPORT - Local trucking (Short Haul) establishments primarily carry goods within a single metropolitan area and its adjacent nonurban areas. (upto 99 miles)
  • SOLID GOODS - Solid Goods include all goods which are solid in nature (coal, building stone, gravel, motorized vehicles, electronics, machinery to name a few)
  • TEMPERATURE CONTROL - Temperature controlled as well as non-temperature-controlled transport of freight through road, is considered in the scope of the study
  • TRUCKLOAD SPECIFICATION - For the purpose of this study, both less-than truckload and full-truckload road freight markets are taken into consideration.

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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms

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We study the industry, not just the market. Our bottom-up approach ensures we have a broad and deep understanding of the forces that shape the industry.
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05. Convenience
Tables belong in spreadsheets. Like you, we also believe that spreadsheets are better suited for data evaluation. We don't clutter our reports with data tables. We provide an excel document with each report that contains all the data used to analyze the market.
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03. Exhaustive Data
Tracking a million data points on the road frieght industry. Our constant market tracking covers over 1 million+ data points spanning 45 countries and over 150 companies just for the road frieght industry.

ASEAN Road Freight Transport Market Research FAQs

The ASEAN Road Freight Transport Market is studied from 2016 - 2028.

The ASEAN Road Freight Transport Market is growing at a CAGR of 5.89% over the next 5 years.

Manufacturing is growing at the highest CAGR over 2016 - 2028.

Indonesia holds highest share in 2021.

Deutsche Post DHL Group, Kerry Logistics Network Limited, MOL Logistics, Tiong Nam Logistics, Yamato Transport are the major companies operating in ASEAN Road Freight Transport Market.

ASEAN Road Freight Transport Industry Report

Statistics for the 2023 ASEAN Road Freight Transport market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. ASEAN Road Freight Transport analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.