Market Size of italy road freight transport Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 38.40 Billion |
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Market Size (2030) | USD 47.38 Billion |
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Largest Share by End User Industry | Manufacturing |
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CAGR (2024 - 2030) | 3.56 % |
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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 |
Italy Road Freight Transport Market Analysis
The Italy Road Freight Transport Market size is estimated at 38.40 billion USD in 2024, and is expected to reach 47.38 billion USD by 2030, growing at a CAGR of 3.56% during the forecast period (2024-2030).
38.40 Billion
Market Size in 2024 (USD)
47.38 Billion
Market Size in 2030 (USD)
2.55 %
CAGR (2017-2023)
3.56 %
CAGR (2024-2030)
Largest Market by Distance
73.01 %
value share, Long Haul, 2023
Long-haul trucking is significant to the economy on account of growth in trade. For instance, in 2022, exports recorded a growth of 13.70% YoY, while imports recorded a growth of 30.76% YoY.
Largest Market by Goods Configuration
70.50 %
value share, Solid Goods, 2023
Industries involved in the solid goods sector also make up a significant portion of the nation's GDP. Thus, the solid goods segment dominates Italy's road freight transport market.
Largest Market by End User Industry
34.34 %
value share, Manufacturing, 2023
In 2022, manufacturing exports in Italy experienced a YoY growth of 17.9%. As Italy saw an increase in exports, the demand for road freight services also increased.
Fastest Growing Market by Truckload Specification
3.99 %
Projected CAGR, Less than-Truck-Load (LTL), 2024-2030
SMEs are one of the prominent end users and account for the vast majority of Italian firms, providing 80% of the industrial and service labor force and making LTL the fastest-growing category.
First Leading Market Player
2.03 %
market share, DB Schenker, 2022
DB Schenker has employed 1,400 employees in Italy. Also, the company operates 37 branch offices in Italy.
Manufacturing exports in Italy experienced a YoY growth of 17.9% in 2022 and drove the demand for road freight services
- Italy is the second-largest manufacturing country in Europe. In 2023, revenues of Italian manufacturing companies are estimated to reach a record USD 1.23 billion, USD 266.87 million more than in 2019. Moreover, in 2022, manufacturing exports in Italy experienced a YoY growth of 17.9% and reached USD 568 billion. As Italy saw an increase in exports of manufactured goods, the demand for road freight services also increased to transport these goods to international markets and ports for shipment. Italy’s export growth is higher than Germany’s and France’s in all manufacturing sectors except clothing and leather.
- A growing economy typically leads to increased consumption and demand for retail products. As the Italian economy expanded in 2022, the need for the transportation of goods from manufacturers to retailers and consumers also increased. In Italy, the total retail sales value grew by 4.6% in 2022 compared to the previous year. On average, in 2022, the growth in value of sales characterized all forms of distribution, albeit to a very different extent, with the largest increases recorded for specialized large-scale distribution and discount stores.
- The e-commerce sector in Italy is anticipated to grow and register a CAGR of 11.59% during 2023-2027. The rise in e-commerce is expected to drive the growth of the wholesale and retail trade end-user segment. Moreover, rising construction activities in Italy are expected to support the construction end-user segment. The medium- to long-term growth of the construction sector in Italy remains intact despite near-term challenges in certain construction sectors. Government-funded construction projects are expected to support the sector in Italy.
Understand The Key Trends Shaping This Market
