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

The China 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 ) and by Temperature Control ( Controlled, Non-Controlled )

China Road Freight Transport Industry Overview

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/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by End User: Wholesale and Retail Trade
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: 6.23 %

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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China Road Freight Transport Market Analysis

The China Road Freight Transport Market is projected to register a CAGR of 6.23%

  • Largest Segment by Distance - Long Haul : In China, the long-haul industry is dominant within the distance segment, as it transports freight over vast distances between metropolitan areas, provinces, and international borders. It has recorded a revenue CAGR of 5.51% over 2016-2021.
  • Largest Segment by Product Type - Solid Goods : Solid goods dominate the product type segment in China. The segment includes construction, textile and apparel, machinery and equipment, electronics, automobiles, and other industries, which significantly contribute to the country's GDP.
  • Largest Segment by End User - Manufacturing : The manufacturing segment captured the maximum share of the Chinese road freight transport market. It is the largest contributing segment to China's GDP, with a share of 26.2% in 2021.
  • Fastest Growing Segment by TruckLoad Specification - Less than Truckload : Less-than truckload is the fastest-growing segment in the market, attributed to the booming e-commerce industry and China's strong and rapidly developing economy.

China Road Freight Transport Industry Segments

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.
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

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China Road Freight Transport Market Trends

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

Manufacturing is the largest segment by End User.

  • China is the world’s largest manufacturer in terms of output. It has earned the reputation of being the ‘world’s factory'. China’s purchasing managers’ indices (PMIs) are the indicators of its economic health. These indices boost the sentiments in the business sector. In June 2021, China’s official manufacturing PMI stood at 50.9, signifying growth in the activity in the business sector. This followed a reading of 51 in May 2021.
  • The Chinese construction sector has been growing steadily. It reached a total output value of around CNY 25.9 trillion (USD 29.32 trillion) in 2021. Benefiting from the rapid urbanization, the Chinese construction industry generated an output that exceeded CNY 29 trillion (USD 32.83 trillion) in 2021. In 2021, the construction output value in China achieved its peak, amounting to around CNY 29.3 trillion (USD 33.17 trillion). In 2020, there were around 116,722 construction enterprises in China. In 2020, the construction industry accounted for around 7.2% of China's gross domestic product. A significant share of the country's economy relies on real estate and infrastructural construction. During economic downturns, policymakers fall back on infrastructural investments to boost economic output.
  • In 2021, China’s e-commerce market was predicted to be larger than the United States, the United Kingdom, Japan, Germany, and France combined. China’s e-commerce sales in 2021 accounted for 52% of its total retail sales, making it the first country in the world to record more online sales than traditional retail sales.
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China Road Freight Transport Market Competitor Analysis

The China Road Freight Transport Market is fragmented, with the top five companies occupying 4.25%. The major players in this market are Shanghai Yunda Freight Co. Ltd, Sinotrans, STO Express, YTO Express and ZTO Express (sorted alphabetically).

China Road Freight Transport Market Top Players

  1. Shanghai Yunda Freight Co. Ltd

  2. Sinotrans

  3. STO Express

  4. YTO Express

  5. ZTO Express

*Disclaimer: Major Players sorted in no particular order

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China Road Freight Transport Market Recent Developments

  • July 2022: YTO partnered with Turkish Cargo. The agreement will see YTO Cargo Airlines operate four flights per week between Xi’an and Tashkent for export and import services.
  • July 2022: Hulunbuir Municipal People's Government and China Post Group Co., Ltd. Inner Mongolia Branch and China Postal Savings Bank Inner Mongolia Branch held a signing ceremony for the cultural tourism industry project
  • July 2022: STO GLOBAL launched an efficient and stable China-Russia logistics product integration plan for business alliances and targeted markets.

China 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

  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. ANE (Cayman) Inc.

      2. 6.4.2. Ceva Logistics

      3. 6.4.3. Changjiu Logistics

      4. 6.4.4. China Post Group

      5. 6.4.5. Deppon Logistics

      6. 6.4.6. Deutsche Post DHL Group

      7. 6.4.7. GEFCO

      8. 6.4.8. GEFCO Group

      9. 6.4.9. Maersk

      10. 6.4.10. SF Express

      11. 6.4.11. Shanghai Yunda Freight Co. Ltd

      12. 6.4.12. Sinotrans

      13. 6.4.13. STO Express

      14. 6.4.14. YTO Express

      15. 6.4.15. ZTO Express

  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, CHINA, SHARE %, 2021

    Figure 2:  

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

    Figure 3:  

    WHOLESALE PRICE INFLATION RATE, CHINA, PERCENTAGE (%), 2016 – 2021

    Figure 4:  

    TRENDS IN E-COMMERCE INDUSTRY, CHINA, VALUE, USD, 2016 – 2021

    Figure 5:  

    TRENDS IN E-COMMERCE INDUSTRY BY SECTOR, CHINA, SHARE %, 2021

    Figure 6:  

    TRENDS IN MANUFACTURING INDUSTRY, CHINA, VALUE, USD, 2016 – 2021

    Figure 7:  

    TRENDS IN MANUFACTURING INDUSTRY BY SECTOR, CHINA, SHARE %, 2021

    Figure 8:  

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

    Figure 9:  

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

    Figure 10:  

    LOGISTICS PERFORMANCE, CHINA, RANK, 2010 – 2018

    Figure 11:  

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

    Figure 12:  

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

    Figure 13:  

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

    Figure 14:  

    VALUE OF EXPORTS, CHINA, USD, 2016-2021

    Figure 15:  

    VALUE OF IMPORTS, CHINA, USD, 2016-2021

    Figure 16:  

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

    Figure 17:  

    TRUCKING OPERATIONAL COSTS, CHINA, SHARE %, 2021

    Figure 18:  

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

    Figure 19:  

    MAJOR TRUCK SUPPLIER BRANDS, CHINA, SHARE %, 2021

    Figure 20:  

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

    Figure 21:  

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

    Figure 22:  

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

    Figure 23:  

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

    Figure 24:  

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

    Figure 25:  

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

    Figure 26:  

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

    Figure 27:  

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

    Figure 28:  

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

    Figure 29:  

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

    Figure 30:  

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

    Figure 31:  

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

    Figure 32:  

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

    Figure 33:  

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

    Figure 34:  

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

    Figure 35:  

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

    Figure 36:  

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

    Figure 37:  

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

    Figure 38:  

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

    Figure 39:  

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

    Figure 40:  

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

    Figure 41:  

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

    Figure 42:  

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

    Figure 43:  

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

    Figure 44:  

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

    Figure 45:  

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

    Figure 46:  

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

    Figure 47:  

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

    Figure 48:  

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

    Figure 49:  

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

    Figure 50:  

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

    Figure 51:  

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

    Figure 52:  

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

    Figure 53:  

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

    Figure 54:  

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

    Figure 55:  

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

    Figure 56:  

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

    Figure 57:  

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

    Figure 58:  

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

    Figure 59:  

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

    Figure 60:  

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

    Figure 61:  

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

    Figure 62:  

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

    Figure 63:  

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

    Figure 64:  

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

    Figure 65:  

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

    Figure 66:  

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

    Figure 67:  

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

    Figure 68:  

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

    Figure 69:  

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

    Figure 70:  

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

    Figure 71:  

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

    Figure 72:  

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

    Figure 73:  

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

    Figure 74:  

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

    Figure 75:  

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

    Figure 76:  

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

    Figure 77:  

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

    Figure 78:  

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

    Figure 79:  

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

    Figure 80:  

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

    Figure 81:  

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

    Figure 82:  

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

    Figure 83:  

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

    Figure 84:  

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

    Figure 85:  

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

    Figure 86:  

    CHINA 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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China Road Freight Transport Market Research FAQs

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

The China Road Freight Transport Market is growing at a CAGR of 6.23% over the next 5 years.

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

Wholesale and Retail Trade holds highest share in 2021.

Shanghai Yunda Freight Co. Ltd, Sinotrans, STO Express, YTO Express, ZTO Express are the major companies operating in China Road Freight Transport Market.

China Road Freight Transport Industry Reports

In-depth industry statistics and market share insights of the China Road Freight Transport sector for 2020, 2021, and 2022. The China Road Freight Transport research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Available to download is a free sample file of the China Road Freight Transport report PDF.