Market Size of france road freight transport Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 65.46 Billion |
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Market Size (2030) | USD 80.05 Billion |
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Largest Share by End User Industry | Wholesale and Retail Trade |
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CAGR (2024 - 2030) | 3.41 % |
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Fastest Growing by End User Industry | Wholesale and Retail Trade |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
France Road Freight Transport Market Analysis
The France Road Freight Transport Market size is estimated at 65.46 billion USD in 2024, and is expected to reach 80.05 billion USD by 2030, growing at a CAGR of 3.41% during the forecast period (2024-2030).
65.46 Billion
Market Size in 2024 (USD)
80.05 Billion
Market Size in 2030 (USD)
2.48 %
CAGR (2017-2023)
3.41 %
CAGR (2024-2030)
Largest Market by Distance
73.84 %
value share, Long Haul, 2023
The growth in trade has positively impacted the long-haul trucking in the country. For instance, in 2022, exports grew by 6.30% YoY, whereas imports grew by 15.16% YoY.
Largest Market by Goods Configuration
75.62 %
value share, Solid Goods, 2023
Solid goods dominate fluid goods in France. Machinery and transport equipment is one of the significant import-export categories, contributing to the segment's growth.
Largest Market by End User Industry
36.74 %
value share, Wholesale and Retail Trade, 2023
The French e-commerce market is expected to register a CAGR of 7.89% between 2023 and 2027, driving the wholesale and retail trade end-user segment.
Fastest Growing Market by Truckload Specification
3.82 %
Projected CAGR, Less than-Truck-Load (LTL), 2024-2030
Almost 99.9% of the total business population in the country comprises small and medium-sized enterprises (SMEs), reflecting the increasing demand for LTL trucking.
First Leading Market Player
6.65 %
market share, CMA CGM Group, 2022
CMA CGM has five agencies and operates with 6,000 customers in France. CMA CGM provides services in France with its subsidiary GEFCO. GEFCO operates a network of 35 courier agencies.
Additive manufacturing in France is expected to grow at an average annual rate of 7% over the coming years
- Agricultural production in France is one of the country's strengths in terms of international trade. In 2022, the value of agricultural production, excluding subsidies, was USD 102.26 billion, with crop production accounting for USD 62.66 billion and animal production accounting for USD 33.51 billion. The increased production resulted in an increased demand for road freight services in the country to transport goods from agricultural farms to warehouses. Moreover, France is the sixth-largest exporter of agrifood in the world, after the United States, Germany, Brazil, and China.
- The YoY increase in French manufacturing production was 3.6% in 2022. However, the country is yet to fully recover from the disruption caused by the pandemic in 2020 and 2021. By the end of 2022, French manufacturing production was still slightly lower than before the pandemic, while its GDP rose by 1.2%. According to INSEE's detailed GDP data released, the value added in the manufacturing industry decreased by 0.5% YoY in the fourth quarter of 2022 despite the increase in production. The increase in production drove the demand for road freight services.
- The French e-commerce market was worth USD 73.58 billion in 2022 and is expected to grow to USD 107.5 billion in 2027, registering a compound annual growth rate (CAGR) of 7.89% between 2023 and 2027. The rise in e-commerce is expected to drive the growth of the wholesale and retail trade end-user segment. Moreover, the growth in manufacturing production is expected to drive the manufacturing end-user segment. In addition, France is the 4th largest additive manufacturing country globally (after Germany, Italy, and the United Kingdom). It is expected to grow at an average annual rate of 7% over the coming years.
Understand The Key Trends Shaping This Market
