Slovakia Road Freight Transport Market Size
Market Overview
| Study Period | 2017 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 3.91 Billion |
| Market Size (2030) | USD 4.32 Billion |
| Growth Rate (2025 - 2030) | 2.00% CAGR |
| Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
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Slovakia Road Freight Transport Market Analysis
The Slovakia Road Freight Transport Market size is estimated at 3.91 billion USD in 2025, and is expected to reach 4.32 billion USD by 2030, growing at a CAGR of 2.00% during the forecast period (2025-2030).
Slovakia's road freight transport sector is experiencing significant transformation driven by broader economic developments and infrastructure investments. The country's strategic location in Central Europe positions it as a crucial transit hub for goods movement between Western and Eastern Europe. The modernization of road infrastructure and the implementation of digital technologies in freight logistics operations have become key focus areas for the industry. The sector's evolution is further supported by Slovakia's integration into European transport corridors and its role in regional supply chains.
The retail sector's robust performance has emerged as a significant driver for freight transport demand. As of July 2024, retail turnover demonstrated strong momentum with a 5% year-over-year increase, marking the seventh consecutive month of growth. Specialized stores, including footwear, textiles, and pharmacies, recorded an impressive 12.4% surge in turnover, while large hypermarkets and supermarkets contributed to a 4.9% year-over-year growth. This retail sector vitality has directly translated into increased demand for transportation and road logistics services across the country.
Infrastructure development has received substantial support through European Union funding initiatives, strengthening the foundation for road freight transport operations. In July 2024, Slovakia secured its fourth disbursement of USD 978.4 million under the Recovery and Resilience Plan, bringing the total secured funding to over USD 3.2 billion. These investments are being channeled into improving road networks, modernizing transport infrastructure, and enhancing logistics capabilities, creating a more efficient operating environment for freight transport companies.
The industry is witnessing a significant shift towards sustainable and efficient operations, with companies increasingly adopting eco-friendly commercial vehicles and optimizing route planning systems. Digital transformation has become a priority, with logistics providers implementing advanced tracking systems, automated warehousing solutions, and real-time fleet management tools. The integration of these technologies is enhancing operational efficiency, reducing transit times, and improving service reliability across the Slovak road freight transport network. These advancements are particularly crucial as the industry adapts to changing consumer expectations and environmental regulations.
Slovakia Road Freight Transport Market Trends
Growing GDP contribution from transport and storage sector supported by growing infrastructure construction
- In 2024, Slovakia enhanced its connectivity through 16 approved transport projects. These initiatives encompass upgrades to segments of the R2 and R4 Expressways, alongside enhancements to the D1 and D3 highways. Additionally, several rail links are slated for improvements, aiming to boost both passenger and freight transport efficiency. The Slovak Government has greenlit these projects, with those valued over USD 55.18 million being classified as strategic, reflecting their significant impact on the national infrastructure.
- In October 2024, Ukraine and Slovakia announced plans to expand their transportation projects with a new rail connection between Kyiv and major Slovak cities, including Bratislava and Košice. The rail service will include a transfer to Chop, a town in the Zakarpattia region of Ukraine, with ongoing work to construct a narrow-gauge railway to Uzhhorod. This route is expected to be operational by 2025-2026, with plans to establish direct connections between Bratislava, Chop, and Uzhhorod. Furthermore, the two governments are working on the development of the Pavlove — Mat’ovce border crossing, which is currently used for freight transport.
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Fluctuating fuel price rates affected by Russia-Ukraine war and challenges in oil export-import
- As of October 2024, Slovakia remained committed to facilitating the flow of oil and gas from Russia to the West via Ukraine, despite pressure from the European Commission to halt these supply flows. Slovakia's reliance on transit pipelines through Ukraine, which has been resisting Russia's invasion since February 2022, exposes it to potential disruptions in key Russian energy supplies. In October 2024, fuel prices hit their lowest point since 2020, a trend expected to persist until the year's end. However, a tax hike from January 2025 could influence fuel prices. Oil was trading at USD 74 per barrel, down from a recent peak of USD 80, a fluctuation mirrored in fuel prices.
- In January 2025, Slovakia plans to raise its value added tax (VAT) from 20% to 23%. This adjustment is poised to have a pronounced effect on fuel prices, given that taxes constitute a significant portion of the final price. Presently, gasoline and diesel are priced at approximately USD 0.70 per liter. Of this, taxes, especially the consumption tax, account for over USD 0.50. With the 3% VAT hike, fuel prices could see an uptick of a few cents per liter. Fuel prices are expected to reach around USD 2.20 per liter in 2025. This marks an increase from October 2024 prices of USD 1.65 for gasoline and USD 1.54 for diesel.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Slovakia's retail sector shows robust growth in 2024, driven by specialized stores and e-shops
- Allegro expands its e-commerce presence in Slovakia, enhancing its reach to 19 million active buyers in Europe
- Enhancing infrastructure and streamlining customs requirements for cross-border permits boost the logistics performance index (LPI) ranking
- Slovakia's exports declined by 3.5% YoY from January to August 2024, due to weaker car exports
- The VAT reduction from 20% to 8% on fuels is expected to lower trucking costs significantly
- The EU's new regulations mandate significant emission reductions for trucks, impacting sales and industry compliance
- Several factors are influencing road freight prices, including increasing highway tolls for truckers, VAT exemptions for international parcels, and initiatives aimed at achieving net-zero emissions
- Since 2022, rising inflation rates have been countered by increasing interest rates
- Slovakia's construction sector saw a significant decline in 2024, with new construction and engineering projects lagging
- InoBat and Gotion High-Tech plan a major battery cell factory in Slovakia with 20 GWh annual capacity
- Despite a decline in 2022, road construction projects have been on the rise since 2023
- Slovakia plans to import natural gas from Azerbaijan to reduce reliance on Russian supplies starting in 2025
- The medium and heavy-duty truck sector is rapidly electrifying, driven by stricter CO2 emission targets from the EU
- Rising road freight volumes owing to growing manufacturing activity and infrastructure construction
- Land transportation playing a pivotal role in freight transportation market in Slovakia
Segment Analysis: End User Industry
Manufacturing Segment in Slovakia Road Freight Transport Market
The manufacturing segment represents a dominant force in Slovakia's road freight transport market, driven by the country's strong automotive and industrial manufacturing base. Slovakia's position as one of the world's largest per capita car producers has created substantial demand for road freight services, with regular transportation needs for both raw materials and finished products. The segment's strength is further reinforced by the presence of major manufacturing facilities from companies like Volkswagen, Kia, and Stellantis, which require extensive logistics networks for their supply chains. Additionally, the growing electronics and machinery manufacturing sectors contribute significantly to the segment's prominence in road freight demand.
Wholesale and Retail Trade Segment in Slovakia Road Freight Transport Market
The wholesale and retail trade segment is experiencing rapid growth in Slovakia's road freight transport market, primarily driven by the explosive expansion of e-commerce and changing consumer behaviors. The segment's growth is supported by increasing digitalization of retail operations, the emergence of new distribution centers, and the growing demand for last-mile delivery services. Modern retailers are increasingly adopting omnichannel strategies, requiring more flexible and efficient road freight solutions. The development of new shopping centers and retail parks across Slovakia has further intensified the need for reliable road freight services.
Remaining Segments in End User Industry
The other segments in Slovakia's road freight transport market, including agriculture, fishing, and forestry, construction, and oil and gas, mining and quarrying, each play distinct roles in shaping the market dynamics. The agricultural sector contributes significantly during harvest seasons and requires specialized transportation solutions for perishable goods. The construction segment's demand fluctuates with infrastructure development projects and real estate activity. The oil, gas, mining, and quarrying segment, while smaller, requires specialized heavy-duty vehicles and safety protocols for transporting materials. These segments collectively contribute to the market's diversity and stability, each with unique seasonal patterns and specific requirements for transportation services.
Segment Analysis: Destination
Domestic Segment in Slovakia Road Freight Transport Market
The domestic segment dominates the Slovakia Road Freight Transport Market, driven by extensive internal distribution networks serving retail, manufacturing, and construction sectors. The robust automotive manufacturing industry in Slovakia generates significant domestic freight movement between production facilities and suppliers. The segment's strength is further reinforced by the growing e-commerce sector, which requires efficient last-mile delivery services within the country. The presence of major industrial zones in regions like Bratislava, Koaice, and }ilina contributes substantially to domestic freight volumes. Additionally, the agricultural sector's transportation needs and the movement of consumer goods between urban centers maintain the segment's dominant position in the market.
International Segment in Slovakia Road Freight Transport Market
The international segment of Slovakia's road freight transport market demonstrates robust growth potential, primarily driven by the country's strategic location in Central Europe and its integration with EU markets. Slovakia's position as a key automotive manufacturing hub generates significant cross-border freight movement, particularly with neighboring countries like Germany, Czech Republic, and Hungary. The segment benefits from ongoing infrastructure improvements, including enhanced connectivity to major European transport corridors. The expansion of e-commerce operations across borders, coupled with Slovakia's role in regional supply chains, further accelerates the segment's growth. Additionally, the increasing adoption of digital freight platforms and tracking systems makes international shipments more efficient and transparent.
Segment Analysis: Truckload Specification
Full-Truck-Load (FTL) Segment in Slovakia Road Freight Transport Market
The Full-Truck-Load (FTL) segment continues to dominate the Slovakia Road Freight Transport Market in 2024, driven by the country's strong manufacturing sector and its strategic position as a key transit route in Central Europe. The segment's prominence is particularly evident in automotive logistics, where Slovakia's major car manufacturers require dedicated full-truck shipments for both components and finished vehicles. FTL freight operations are preferred by large industrial clients due to their cost-effectiveness for bulk shipments, direct point-to-point delivery capabilities, and reduced handling requirements. The segment's strength is further reinforced by Slovakia's role in international trade corridors connecting Western and Eastern Europe, where FTL services are essential for efficient cross-border transportation of industrial goods, raw materials, and finished products.
Less-than-Truck-Load (LTL) Segment in Slovakia Road Freight Transport Market
The Less-than-Truck-Load (LTL) segment is experiencing the fastest growth in the Slovakia Road Freight Transport Market for the forecast period 2024-2029. This growth is primarily fueled by the rapid expansion of e-commerce activities and the increasing demand for flexible delivery solutions from small and medium-sized enterprises. The segment's expansion is also supported by technological advancements in route optimization and load consolidation systems, enabling carriers to improve operational efficiency and reduce costs. The growing trend toward just-in-time inventory management among Slovak businesses has further boosted the demand for LTL freight services, as companies seek to optimize their supply chain operations while maintaining lower inventory levels.
Segment Analysis: Containerization
Non-Containerized Segment in Slovakia Road Freight Transport Market
The non-containerized segment continues to dominate the Slovakia road freight transport market in 2024, driven by the versatility and flexibility it offers in handling diverse cargo types. This segment's prominence is attributed to Slovakia's robust manufacturing sector, particularly automotive and electronics industries, which often require specialized transportation solutions that go beyond standardized containers. The segment's strength is further reinforced by the agricultural sector's requirements for bulk transport and the construction industry's need for oversized cargo movement. Non-containerized transport also benefits from the ability to accommodate odd-sized shipments, perishable goods, and just-in-time delivery requirements of various industries. The segment's dominance is also supported by the extensive network of small and medium-sized enterprises in Slovakia that prefer flexible loading and unloading options for their diverse cargo needs.
Containerized Segment in Slovakia Road Freight Transport Market
The containerized segment is experiencing significant growth in the Slovakia road freight transport market from 2024-2029, driven by increasing adoption of standardized shipping solutions and the growing importance of intermodal transportation. This growth is fueled by Slovakia's strategic position as a logistics hub in Central Europe and the increasing integration with global supply chains. The segment's expansion is supported by ongoing investments in container trucking facilities, improved coordination between different transport modes, and the rising demand for efficient cross-border transportation solutions. The growth is further accelerated by the expansion of e-commerce activities, which often rely on containerized transport for efficient handling and tracking of goods. Additionally, the push for sustainable and efficient logistics solutions is contributing to the increased adoption of containerized transport, as it offers better cargo protection and easier transfer between different modes of transportation.
Segment Analysis: Distance
Long Haul Segment in Slovakia Road Freight Transport Market
The Long Haul segment dominated the Slovakia Road Freight Transport Market in 2024, holding approximately 68% of the market share. This dominance is primarily attributed to Slovakia's strategic location in Central Europe, making it a crucial transit country for international freight movements. The segment's strength is further reinforced by the country's robust automotive manufacturing sector, which requires extensive long-distance transportation of components and finished vehicles. The development of major logistics corridors connecting Slovakia to key European markets, particularly Germany, Czech Republic, and Poland, has significantly contributed to the segment's market leadership. Additionally, the expansion of e-commerce operations and the establishment of large distribution centers along major highways have further solidified the position of long-haul transportation in the country's freight landscape.
Short Haul Segment in Slovakia Road Freight Transport Market
The Short Haul segment is projected to experience the fastest growth in the Slovakia Road Freight Transport Market during the forecast period 2024-2029. This accelerated growth is driven by the rapid expansion of urban logistics networks and the increasing demand for last-mile delivery services. The segment's growth is further fueled by the rising adoption of just-in-time delivery systems by manufacturers and retailers, necessitating more frequent, shorter-distance transportation solutions. The proliferation of micro-fulfillment centers in and around major Slovak cities, coupled with the growing preference for same-day and next-day deliveries, has created a robust foundation for short-haul transportation services. Additionally, the segment is benefiting from technological advancements in route optimization and the increasing adoption of electric delivery vehicles for urban distribution.
Segment Analysis: Goods Configuration
Solid Goods Segment in Slovakia Road Freight Transport Market
The solid goods segment continues to dominate the Slovakia road freight transport market in 2024, driven by robust demand from manufacturing, retail, construction, and e-commerce sectors. This segment's prominence is reinforced by Slovakia's strategic position as a manufacturing hub in Central Europe, particularly in automotive and electronics industries. The solid goods transportation sector has benefited from increased industrial production and the growing network of logistics centers across the country. The segment's strength is further supported by ongoing investments in warehousing infrastructure and the adoption of advanced tracking and handling technologies specifically designed for solid cargo. Major logistics providers have expanded their solid goods transportation capabilities, particularly in specialized areas such as automotive parts logistics and industrial equipment transport, reflecting the segment's crucial role in Slovakia's freight transport landscape.
Fluid Goods Segment in Slovakia Road Freight Transport Market
The fluid goods segment is demonstrating remarkable growth potential in the Slovakia road freight transport market for the period 2024-2029, driven by increasing demand from the chemical, petroleum, and beverage industries. This growth trajectory is supported by significant investments in specialized tanker trucks and safety equipment, enabling carriers to meet stringent regulatory requirements for fluid transportation. The segment is witnessing technological advancements in tank design and monitoring systems, improving efficiency and safety in fluid goods transportation. The expansion of Slovakia's chemical industry and growing trade relationships with neighboring countries have created new opportunities for fluid goods transporters. Additionally, the implementation of advanced digital solutions for real-time monitoring and temperature control has enhanced the segment's operational capabilities and market appeal.
Remaining Segments in Goods Configuration
Since the goods configuration segment is binary (solid goods and fluid goods), there are no remaining segments to discuss.
Segment Analysis: Temperature Control
Non-Temperature Controlled Segment in Slovakia Road Freight Transport Market
The non-temperature controlled segment dominates the Slovakia road freight transport market, driven by the extensive transportation of general cargo, construction materials, automotive parts, and industrial goods. This segment benefits from Slovakia's strategic location as a manufacturing and automotive hub in Central Europe, facilitating significant cross-border trade with neighboring countries. The versatility of non-temperature controlled transport, lower operational costs compared to refrigerated transport, and the wide variety of goods that can be transported under ambient conditions contribute to its market dominance. The segment's strength is further reinforced by Slovakia's robust industrial sector, particularly in automotive manufacturing, electronics, and machinery, which primarily requires standard freight transportation solutions. Additionally, the growth of e-commerce and retail sectors has increased the demand for non-temperature controlled logistics services for handling and delivering non-perishable goods across the country.
Temperature Controlled Segment in Slovakia Road Freight Transport Market
The temperature-controlled segment is experiencing rapid growth in the Slovakia road freight transport market, driven by increasing demand for fresh food, pharmaceuticals, and other temperature-sensitive products. This growth is supported by the expansion of modern retail chains, stricter regulations for pharmaceutical transportation, and changing consumer preferences for fresh and frozen products. The segment is witnessing significant technological advancements in refrigeration systems and real-time temperature monitoring capabilities, ensuring product integrity throughout the transportation journey. Investment in modern cold chain infrastructure, including refrigerated trucks and warehouses, is further accelerating the segment's growth. The pharmaceutical industry's requirements for maintaining specific temperature ranges during transport, coupled with the growing food delivery sector, are creating new opportunities for temperature-controlled logistics providers in Slovakia.
Slovakia Road Freight Transport Industry Overview
Top Companies in Slovakia Road Freight Transport Market
The Slovakia road freight transport market is characterized by a mix of established logistics companies focusing on continuous innovation and service enhancement. Companies are increasingly investing in fleet modernization and digital transformation initiatives to improve operational efficiency and customer experience. Strategic partnerships and network expansion have become key priorities, with firms developing specialized solutions for different industry verticals. Market leaders are emphasizing sustainability through the adoption of eco-friendly vehicles and optimization of route planning. The competitive landscape shows a strong focus on value-added services, including real-time tracking, warehousing solutions, and integrated logistics offerings, as companies strive to differentiate themselves in the market.
Market Structure Shows Dynamic Competitive Environment
The Slovakia road freight transport market exhibits a moderate level of consolidation, with a balanced presence of both international logistics giants and local transport companies. Global players leverage their extensive networks and advanced technological capabilities, while local operators capitalize on their regional expertise and established customer relationships. The market has witnessed several strategic acquisitions and partnerships, particularly aimed at strengthening last-mile delivery capabilities and expanding service portfolios.
The competitive dynamics are shaped by the presence of specialized transport providers focusing on specific industry segments such as automotive, retail, and manufacturing. Market participants are increasingly forming strategic alliances to enhance their service coverage and operational capabilities. The industry has seen a trend towards vertical integration, with companies expanding their service offerings to include comprehensive contract logistics solutions, thereby creating higher entry barriers for new market entrants.
Innovation and Sustainability Drive Future Success
Success in the Slovakia road freight transport market increasingly depends on companies' ability to embrace technological innovation and sustainable practices. Market leaders are focusing on developing comprehensive digital platforms that integrate various aspects of freight transport, from booking to delivery tracking. Investment in alternative fuel vehicles and optimization of delivery routes has become crucial for maintaining competitive advantage. Companies are also expanding their value proposition through specialized services and industry-specific solutions.
For new entrants and smaller players, success lies in identifying and serving niche markets while building strong technological capabilities. The regulatory environment, particularly regarding emissions standards and safety requirements, continues to influence market dynamics and investment decisions. Companies must balance cost efficiency with service quality while addressing growing customer demands for transparency and sustainability. Building strong relationships with key industrial sectors and maintaining operational flexibility will be crucial for long-term success in this evolving market. The integration of freight logistics and road logistics services is essential for meeting the diverse needs of clients across various sectors.
Slovakia Road Freight Transport Market Leaders
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DACHSER
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DHL Group
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DSV A/S (De Sammensluttede Vognmænd af Air and Sea)
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GARTNER KG
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Gebrüder Weiss
- *Disclaimer: Major Players sorted in no particular order
Slovakia Road Freight Transport Market News
- October 2024: Raben Group was actively implementing emission-reducing solutions, utilizing efficient trucks and green fuels like HVO100. HVO100, or Hydrogenated Vegetable Oil, was a renewable diesel derived from hydrogenating vegetable oils and fats. This hydrogenation process eliminated oxygen and saturated hydrocarbon molecules, resulting in an odorless fuel with significantly fewer pollutants than conventional diesel. Notably, HVO100 could achieve emissions reductions of up to 90%.
- September 2024: DHL Group had renewed its partnership with Volkswagen Slovakia. This collaboration, which was started in 2010, was extended for another five years, commencing in 2024. Situated in Bratislava, the Volkswagen Slovakia plant covers over two square kilometers and manufactured eight models across four distinct Volkswagen Group brands. DHL Supply Chain, a division of DHL Group, offered a suite of internal logistics solutions for the plant. These services encompassed freight management, receipt and handling of production materials, packaging oversight, and timely delivery of components tailored to the production cycle.
- September 2024: FM Logistics's facility in Sereď started serving clients across diverse sectors, including electronics, alcohol, and tobacco. The warehouse had a capacity for around 80,000 pallets. The facility was segmented into distinct zones tailored to specific needs, which included high bay racking, co-manufacturing lines, cross-dock areas, or temperature-controlled storage. Special zones were designated for high-value products, ensuring they received enhanced physical security and oversight. Furthermore, the warehouse adhered to the stringent TAPA FSR A Category security standards.
Free With This Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 60+ free charts, the section covers difficult to find data on various regions pertaining to e-commerce industry trends, economic contribution of the transportation & storage sector, export and import trends among other key indicators.
List of Tables & Figures
- Figure 1:
- DISTRIBUTION OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, SHARE %, SLOVAKIA, 2023
- Figure 2:
- GROWTH OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, CAGR %, SLOVAKIA, 2017-2023
- Figure 3:
- GROSS MERCHANDISE VALUE (GMV) OF E-COMMERCE INDUSTRY, USD, SLOVAKIA, 2017 - 2030
- Figure 4:
- SECTORAL SHARE IN E-COMMERCE INDUSTRY GROSS MERCHANDISE VALUE (GMV), SHARE %, SLOVAKIA, 2023
- Figure 5:
- GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY (IN CURRENT PRICES), USD, SLOVAKIA, 2017 - 2023
- Figure 6:
- SECTORAL SHARE IN GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY, SHARE %, SLOVAKIA, 2023
- Figure 7:
- VALUE OF TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), USD, SLOVAKIA, 2017 - 2023
- Figure 8:
- TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), SHARE % OF GDP, SLOVAKIA, 2017 - 2023
- Figure 9:
- RANK OF LOGISTICS PERFORMANCE, RANK, SLOVAKIA, 2010 - 2023
- Figure 10:
- SHARE OF ROAD LENGTH BY SURFACE CATEGORY, %, SLOVAKIA, 2022
- Figure 11:
- SHARE OF ROAD LENGTH BY SURFACE CLASSIFICATION, %, SLOVAKIA, 2022
- Figure 12:
- VALUE OF EXPORTS, USD, SLOVAKIA, 2017 - 2023
- Figure 13:
- VALUE OF IMPORTS, USD, SLOVAKIA, 2017 - 2023
- Figure 14:
- FUEL PRICE BY TYPE OF FUEL, USD/LITER, SLOVAKIA, 2017 - 2023
- Figure 15:
- OPERATIONAL COSTS OF TRUCKING - BREAKDOWN BY OPERATING COST ELEMENT, %, SLOVAKIA, 2023
- Figure 16:
- TRUCKING FLEET SIZE BY TYPE, SHARE %, SLOVAKIA, 2023
- Figure 17:
- MARKET SHARE OF MAJOR TRUCK SUPPLIER BRANDS, SHARE %, SLOVAKIA, 2023
- Figure 18:
- FREIGHT HANDLED BY ROAD TRANSPORT, TONS, SLOVAKIA, 2017 - 2030
- Figure 19:
- PRICE TREND OF ROAD FREIGHT TRANSPORT SERVICE, USD/TON-KM, SLOVAKIA, 2017 - 2023
- Figure 20:
- MODAL SHARE OF FREIGHT TRANSPORTATION SECTOR, SHARE % BY TON-KM, SLOVAKIA, 2023
- Figure 21:
- MODAL SHARE OF FREIGHT TRANSPORT SECTOR, SHARE % BY TONS, SLOVAKIA, 2023
- Figure 22:
- WHOLESALE PRICE INFLATION RATE, %, SLOVAKIA, 2017 - 2023
- Figure 23:
- CONSUMER PRICE INFLATION RATE, %, SLOVAKIA, 2017 - 2023
- Figure 24:
- VOLUME OF ROAD FREIGHT TRANSPORT MARKET, TON-KM, SLOVAKIA, 2017 - 2030
- Figure 25:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 26:
- VOLUME OF ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, TON-KM, SLOVAKIA, 2017 - 2030
- Figure 27:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, USD, SLOVAKIA, 2017 - 2030
- Figure 28:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, SLOVAKIA, 2017 - 2030
- Figure 29:
- VOLUME OF AFF INDUSTRY (AGRICULTURE, FISHING, AND FORESTRY) ROAD FREIGHT TRANSPORT MARKET, TON-KM, SLOVAKIA, 2017 - 2030
- Figure 30:
- VALUE OF AFF INDUSTRY (AGRICULTURE, FISHING, AND FORESTRY) ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 31:
- VALUE SHARE OF AFF INDUSTRY (AGRICULTURE, FISHING, AND FORESTRY) ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, SLOVAKIA, 2022 VS 2030
- Figure 32:
- VOLUME OF CONSTRUCTION INDUSTRY ROAD FREIGHT TRANSPORT MARKET, TON-KM, SLOVAKIA, 2017 - 2030
- Figure 33:
- VALUE OF CONSTRUCTION INDUSTRY ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 34:
- VALUE SHARE OF CONSTRUCTION INDUSTRY ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, SLOVAKIA, 2022 VS 2030
- Figure 35:
- VOLUME OF MANUFACTURING INDUSTRY ROAD FREIGHT TRANSPORT MARKET, TON-KM, SLOVAKIA, 2017 - 2030
- Figure 36:
- VALUE OF MANUFACTURING INDUSTRY ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 37:
- VALUE SHARE OF MANUFACTURING INDUSTRY ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, SLOVAKIA, 2022 VS 2030
- Figure 38:
- VOLUME OF EXTRACTION INDUSTRY (OIL AND GAS, MINING AND QUARRYING) ROAD FREIGHT TRANSPORT MARKET, TON-KM, SLOVAKIA, 2017 - 2030
- Figure 39:
- VALUE OF EXTRACTION INDUSTRY (OIL AND GAS, MINING AND QUARRYING) ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 40:
- VALUE SHARE OF EXTRACTION INDUSTRY ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, SLOVAKIA, 2022 VS 2030
- Figure 41:
- VOLUME OF DISTRIBUTIVE TRADE INDUSTRY (WHOLESALE AND RETAIL TRADE) ROAD FREIGHT TRANSPORT MARKET, TON-KM, SLOVAKIA, 2017 - 2030
- Figure 42:
- VALUE OF DISTRIBUTIVE TRADE INDUSTRY (WHOLESALE AND RETAIL TRADE) ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 43:
- VALUE SHARE OF WHOLESALE AND RETAIL TRADE INDUSTRY ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, SLOVAKIA, 2022 VS 2030
- Figure 44:
- VOLUME OF OTHER END USER INDUSTRIES ROAD FREIGHT TRANSPORT MARKET, TON-KM, SLOVAKIA, 2017 - 2030
- Figure 45:
- VALUE OF OTHER END USER INDUSTRIES ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 46:
- VALUE SHARE OF OTHER END USER INDUSTRIES ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, SLOVAKIA, 2022 VS 2030
- Figure 47:
- VOLUME OF ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, TON-KM, SLOVAKIA, 2017 - 2030
- Figure 48:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, USD, SLOVAKIA, 2017 - 2030
- Figure 49:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, SLOVAKIA, 2017 - 2030
- Figure 50:
- VOLUME OF DOMESTIC ROAD FREIGHT TRANSPORT MARKET, TON-KM, SLOVAKIA, 2017 - 2030
- Figure 51:
- VALUE OF DOMESTIC ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 52:
- VALUE SHARE OF DOMESTIC ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, SLOVAKIA, 2022 VS 2030
- Figure 53:
- VOLUME OF INTERNATIONAL ROAD FREIGHT TRANSPORT MARKET, TON-KM, SLOVAKIA, 2017 - 2030
- Figure 54:
- VALUE OF INTERNATIONAL ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 55:
- VALUE SHARE OF INTERNATIONAL ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, SLOVAKIA, 2022 VS 2030
- Figure 56:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET BY TRUCKLOAD SPECIFICATION, USD, SLOVAKIA, 2017 - 2030
- Figure 57:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY TRUCKLOAD SPECIFICATION, %, SLOVAKIA, 2017 - 2030
- Figure 58:
- VALUE OF FULL-TRUCK-LOAD (FTL) ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 59:
- CAGR OF FULL-TRUCK-LOAD (FTL) ROAD FREIGHT TRANSPORT MARKET, %, SLOVAKIA, 2017 - 2030
- Figure 60:
- VALUE OF LESS THAN-TRUCK-LOAD (LTL) ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 61:
- CAGR OF LESS THAN-TRUCK-LOAD (LTL) ROAD FREIGHT TRANSPORT MARKET, %, SLOVAKIA, 2017 - 2030
- Figure 62:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET BY CONTAINERIZATION, USD, SLOVAKIA, 2017 - 2030
- Figure 63:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY CONTAINERIZATION, %, SLOVAKIA, 2017 - 2030
- Figure 64:
- VALUE OF CONTAINERIZED ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 65:
- CAGR OF CONTAINERIZED ROAD FREIGHT TRANSPORT MARKET, %, SLOVAKIA, 2017 - 2030
- Figure 66:
- VALUE OF NON-CONTAINERIZED ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 67:
- CAGR OF NON-CONTAINERIZED ROAD FREIGHT TRANSPORT MARKET, %, SLOVAKIA, 2017 - 2030
- Figure 68:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET BY DISTANCE, USD, SLOVAKIA, 2017 - 2030
- Figure 69:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY DISTANCE, %, SLOVAKIA, 2017 - 2030
- Figure 70:
- VALUE OF LONG HAUL ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 71:
- CAGR OF LONG HAUL ROAD FREIGHT TRANSPORT MARKET, %, SLOVAKIA, 2017 - 2030
- Figure 72:
- VALUE OF SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 73:
- CAGR OF SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, %, SLOVAKIA, 2017 - 2030
- Figure 74:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET BY GOODS CONFIGURATION, USD, SLOVAKIA, 2017 - 2030
- Figure 75:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY GOODS CONFIGURATION, %, SLOVAKIA, 2017 - 2030
- Figure 76:
- VALUE OF FLUID GOODS ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 77:
- CAGR OF FLUID GOODS ROAD FREIGHT TRANSPORT MARKET, %, SLOVAKIA, 2017 - 2030
- Figure 78:
- VALUE OF SOLID GOODS ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 79:
- CAGR OF SOLID GOODS ROAD FREIGHT TRANSPORT MARKET, %, SLOVAKIA, 2017 - 2030
- Figure 80:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET BY TEMPERATURE CONTROL, USD, SLOVAKIA, 2017 - 2030
- Figure 81:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY TEMPERATURE CONTROL, %, SLOVAKIA, 2017 - 2030
- Figure 82:
- VALUE OF NON-TEMPERATURE CONTROLLED ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 83:
- CAGR OF NON-TEMPERATURE CONTROLLED ROAD FREIGHT TRANSPORT MARKET, %, SLOVAKIA, 2017 - 2030
- Figure 84:
- VALUE OF TEMPERATURE CONTROLLED ROAD FREIGHT TRANSPORT MARKET, USD, SLOVAKIA, 2017 - 2030
- Figure 85:
- CAGR OF TEMPERATURE CONTROLLED ROAD FREIGHT TRANSPORT MARKET, %, SLOVAKIA, 2017 - 2030
- Figure 86:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, SLOVAKIA, 2017 - 2023
- Figure 87:
- MOST ADOPTED STRATEGIES, COUNT, SLOVAKIA, 2017 - 2023
- Figure 88:
- VALUE SHARE OF MAJOR PLAYERS, %, SLOVAKIA
Slovakia 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 Industry. Domestic, International are covered as segments by Destination. Full-Truck-Load (FTL), Less than-Truck-Load (LTL) 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. Fluid Goods, Solid Goods are covered as segments by Goods Configuration. Non-Temperature Controlled, Temperature Controlled are covered as segments by Temperature Control.| End User Industry | Agriculture, Fishing, and Forestry |
| Construction | |
| Manufacturing | |
| Oil and Gas, Mining and Quarrying | |
| Wholesale and Retail Trade | |
| Others | |
| Destination | Domestic |
| International | |
| Truckload Specification | Full-Truck-Load (FTL) |
| Less than-Truck-Load (LTL) | |
| Containerization | Containerized |
| Non-Containerized | |
| Distance | Long Haul |
| Short Haul | |
| Goods Configuration | Fluid Goods |
| Solid Goods | |
| Temperature Control | Non-Temperature Controlled |
| Temperature Controlled |
| Agriculture, Fishing, and Forestry |
| Construction |
| Manufacturing |
| Oil and Gas, Mining and Quarrying |
| Wholesale and Retail Trade |
| Others |
| Domestic |
| International |
| Full-Truck-Load (FTL) |
| Less than-Truck-Load (LTL) |
| Containerized |
| Non-Containerized |
| Long Haul |
| Short Haul |
| Fluid Goods |
| Solid Goods |
| Non-Temperature Controlled |
| Temperature Controlled |
Market Definition
- Agriculture, Fishing, and Forestry (AFF) - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the AFF industry players on road freight transport service. The end user players considered are the establishments primarily engaged in growing crops, raising animals, harvesting timber, harvesting fish & other animals from their natural habitats and providing related support activities. Herein, across the value chain, Logistics Service Providers (LSPs) play a crucial role in acquisition, storage, handling, transportation, and distribution activities for the optimal & continuous flow of inputs (seeds, pesticides, fertilizers, equipment, and water) from manufacturers or suppliers to the producers and smooth flow of output (produce, agro-goods) to distributors/ consumers. This includes both termperature controlled and non-temperature controlled logistics, as and when required according to the shelf life of goods being transported or stored.
- Construction - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the construction industry players, on road freight transport service. The end user players considered are the establishments primarily engaged in constructing, repairing and renovating residential & commercial buildings, infrastructure, engineering works, subdividing and developing land. Logistics Service Providers (LSPs) play a crucial role in increasing profitability of construction projects by maintaing the inventory of raw materials & equipment, time-critical supplies and by providing other value added services for effective project management.
- Containerized Road Freight Transport - The segment captures the external (outsourced) logistics expenditure incurred by the road freight transport service end users on Full-Truck-Load (FTL) services. FTL road freight transport is characterized as a full single load not combined with other shipments. It comprises of shipments (i) devoted to the goods of a single shipper (ii) taken directly from a point of origin to one or more destination points (iii) comprising of bulk mail truck transportation (iv) comprising of both Container (Full Container Load, FCL)/Non-Container trucking services (v)comprsing of goods requiring temperature controlled or non-temperature controlled transportation services (vi) comprising of bulk liquid tankering (vii) invoving trucking of waste (viii) hazardous material trucking. Related value added services (VAS) of sorting, consolidation, deconslidation are included in the other services segment of freight and logistics market.
- Export Trends and Import Trends - Overall logistics performance of an economy is positively and significantly (statistically) correlated to its trade performance (exports and imports). Hence, in this industry trend, total value of trade, major commodities/ commodity groups and the major trade partners, for the studied geography (country or region as per the scope of report) have been analysed alongside the impact of major trade/logistics infrastructure investments & regulatory environment.
- Fluid Goods - The segment captures the external (outsourced) logistics expenditure incurred by the road freight transport service end users for the transport of bulk liquids, that are often used in extraction, manufacturing, food processing, agriculture industries among others. It includes transportation of liquids like (i) Chemicals/ hazardous goods (for instance acids) (ii) Water (potable as well as waste) (iii) Oil and gas (upstream as well as downstream like gasoline, fuel, crude oil, or propane), (iv) Food grade bulk liquids (like milk, or juice), (v) Rubber, (vi) Agrichemical products, among others. These goods are generally transported through tanker trucking.
- Fuel Price - Fuel price spikes can cause delays and diruption for logistics service providers (LSPs), while drops in the same can result in higher short-term profitability and increased market rivalry to offer consumers with the best deals. Hence, the fuel price variations have been studied over the review period and presented along with the causes as well as market impacts.
- Full-Truck-Load (FTL) Road Freight Transport - The segment captures the external (outsourced) logistics expenditure incurred by the road freight transport service end users on Full-Truck-Load (FTL) services. FTL road freight transport is characterized as a full single load not combined with other shipments. It comprises of shipments (i) devoted to the goods of a single shipper (ii) taken directly from a point of origin to one or more destination points (iii) comprising of bulk mail truck transportation (iv) comprising of both Container (Full Container Load, FCL)/Non-Container trucking services (v)comprsing of goods requiring temperature controlled or non-temperature controlled transportation services (vi) comprising of bulk liquid tankering (vii) invoving trucking of waste (viii) hazardous material trucking. Related value added services (VAS) of sorting, consolidation, deconslidation are included in the other services segment of freight and logistics market.
- GDP Distribution by Economic Activity - Nominal Gross Domestic Product and distribution of the same, across major economic sectors in the geography studied (country or region as per scope of the report) have been studied and presented in this industry trend. As GDP is positively related to the profitability and growth of logistics industry, this data has been used in adjunction to the input-output tables/ supply-use tables for analyzing the potential major contributing sectors towards the logistics demand.
- GDP Growth by Economic Activity - Growth of Nominal Gross Domestic Product across major economic sectors, for the geography studied (country or region as per scope of the report) have been presented in this industry trend. This data has been utilized for assessing the growth of logistics demand from all the market end users (economic sectors considered here).
- Inflation - Variations in both Wholesale Price Inflation (YoY change in producer price index) and Consumer Price Inflation have been presented in this industry trend. This data has been used to assess the inflationary environment as it plays a vital role in smooth functioning of the supply chain, directly impacting the logistics operational cost components e.g., pricing of tyres, driver wages & benefits, energy/fuel prices, maintenace costs, toll charges, warehousing rents, custom brokerage, forwarding rates, courier rates etc. hence impacting the overall freight and logistics market.
- Key Industry Trends - The report section named "Key Industry Trends" include all the key variables/parameters studied to better analyze the market size estimates and forecasts. All the trends have been presented in the form of data points (time series or latest available data points) along with analysis of the paramter in the form of concise market relevant commentary, for the geography studied (country or region as per the scope of report).
- Key Strategic Moves - The action taken by a company to differentiate from its competitor or used as a general strategy is referred to as a key strategic move (KSM). This includes (1) Agreements (2) Expansions (3) Financial Restructuring (4) Mergers and Acquisitions (5) Partnerships, and (6) Product Innovations. Key players (Logistics Service Providers, LSPs) in the market have been shortlisted, their KSM have been studied and presented in this section.
- Less than-Truck-Load (LTL) Road Freight Transport - The segment captures the external (outsourced) logistics expenditure incurred by the road freight transport service end users on Less than-Truck-Load (LTL) services. LTL road freight transport is characterized as multiple shipments combined onto a single truck for multiple deliveries within a network. It comprises of establishments (i) primarily engaged in general and specialized freight trucking of less than complete truck-loads, (ii) characterized by the use of terminals to consolidate shipments, generally from several shippers, into a single truck for haulage between a load assembly terminal and a disassembly terminal, where the load is sorted and shipments are re-routed for delivery (iv) Less than-Container-Load (LCL) shipping/ Groupage Shipping in case of trucking services. The activities in scope include (i) local pick-up, (ii) line-haul, and (iii) local delivery. Related value added services (VAS) of sorting, consolidation, deconslidation are included in the other services segment of freight and logistics market.
- Logistics Performance - Logistics Performance and Logistics Costs are the backbone of trade, and influences trade costs, making countries compete globally. Logistics performance is influenced by market wide adopted supply chain management strategies, government services, investments & policies, fuel/ energy costs, inflationary environment etc. Hence, in this industry trend, the logistics performance of the geography studied (country/ region as per the scope of report) has been analysed and presented over the review period.
- Major Truck Suppliers - Market share of truck brands is influenced by factors like geographical preferences, portfolio of truck types, truck prices, local production, truck repair & maintenance service peneteration, customer support, technological innovations (like electric vehicles, digitalization, autonomous trucks), fuel efficiency, financing options, annual maintenance costs, availability of substitutes, marketing startegies etc. Hence, the distribution (share % for base year of the study) of truck sales volume for leading truck brands and commentary on current market scenario & market anticipation over the forecast period have been presented in this industry trend.
- Manufacturing - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the Manufacturing industry players, on road freight transport service. The end user players considered are the establishments primarily engaged in the chemical, mechanical or physical transformation of materials or substances into new products. Logistics Service Providers (LSPs) play a crucial role in maintaining a smooth flow of raw materials across the supply chain, enabling timely delivery of finished goods to distributors or end customers and storing & supplying the raw materials to clients for just-in-time manufacturing.
- Modal Share - Freight Modal Share is influenced by factors like modal productivity, government regulations, containerization, distance of shipment, temperature control requirements, type of goods, international trade, terrain, speed of delivery, shipment weight, bulk shipments, etc. Also, modal share by tonnage (tons) and modal share by freight turnover (ton-km) differ as per average distance of shipments, weight of major commodity groups transported in the economy and number of trips. This industry trend represents the distribution of freight transported by mode of transport (tons as well as ton-km), for the study base year.
- Oil and Gas, Mining and Quarrying - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the extraction industry players, on road freight transport service. The end user players considered are the establishments that extract naturally occurring mineral solids, such as coal and ores; liquid minerals, such as crude petroleum; and gases, such as natural gas. Logistics Service Providers (LSPs) covers entire phases from upstream to downstream and plays a crucial role in the transportation of machinery, drilling equipments, extracted minerals, crude oil & natural gas and refined/ processed products from one place to another.
- Other End Users - Other end user segment captures the external (outsourced) logistics expenditure incurred by the financial services (BFSI), real estate, educational services, healthcare, and professional services (administrative, waste management, legal, architectural, engineering, design, consulting, scientific R&D), on road freight transport service. Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of supplies and documents to/from these industries such as transporting any equipment or resources required, shipping confidential documents and files, movement of medical goods & supplies (surgical supplies and instruments, including gloves, masks, syringes, equipment) to name a few.
- Producer Price Inflation - It indicates inflation from viewpoint of the producers viz. the average selling price received for their output over a period of time. Annual change (YoY) of producer price index is reported as wholesale price inflation in the "Inflation" industry trend. As WPI captures dynamic price movements in most comprehensive way, it is widely used by governments, banks, industry, business circles and is deemed important in formulation of trade, fiscal and other economic policies. The data has been used in adjunction to consumer price inflation for better understanding the inflationary environment.
- Road Freight Pricing Trends - Freight pricing by mode of transport (USD/tonkm), over the review period, has been presented in this industry trend. The data has been used in assessing the inflationary environment, impact on trade, freight turnover (tonkm), road freight transport market demand and hence the road freight transport market size.
- Road Freight Tonnage Trends - Freight tonnage (weight of goods in tons) handled by mode of transport, over the review period, has been presented in this industry trend. The data has been used as one of the parameters apart from average distance per shipment (km), freight volume (tonkm), and freight pricing (USD/tonkm) to assess the freight transport market size.
- Road Freight Transport - Hiring a road freight transport logistics service provider (LSP) or haulier (outsourced logistics), for the transport of commodities constitutes road freight transport market. The scope of study includes (i) road transport of goods reported by hauliers registered in the reporting countries (ii) transport of raw materials or manufactured goods (solids as well as fluids) (iii) transport using commerical motor vehicles (rigid trucks or tractor-trailers, (iv) Full-Truck-Load (FTL) or Less than-Truck-Load (LTL) transport (v) containerized or non-containerized transport (vi) temperature controlled or non-temperature controlled trasnport, (vii) short haul or long haul (Over-the-road, OTR) transport, (viii) used office or household goods transport (movers and packers), (ix) other specialized cargo transport (dangerous goods, oversized cargo) and (x) outsourced first mile/ middle mile/last mile delivery shipments undertaken by road freight transport players. The scope does not include (i) transport undertaken by hauliers registered in other countries (ii) last mile meal delivery market (iii) grocery delivery market (iv) transportation via road network undertaken/ reported by Courier, Express, and Parcel (CEP) players.
- Road Length - As infrastructure plays a vital role in an economy's logistics performance, variables like length of roads, distribution of road length by surface category (paved v/s unpaved), distribution of road length by road classification (expressways v/s highways v/s other roads), have been analysed and presented in this industry trend.
- Segmental Revenue - Segmental Revenue has been triangulated or computed and presented for all the major players in the market. It refers to the road freight transport market specific revenue earned by the company, over the base year of study, in the geography studied (country or region as per the scope of report). It is computed through the study and analysis of major parameters like financials, service portfolio, employee strength, fleet size, investments, number of countries present in, major economies of concern, etc. that have been reported by the company in its annual reports, webpage. For companies having scarce financial disclosures, paid databases like D&B Hoovers, Dow Jones Factiva have been resorted to and verified through industry/expert interactions.
- Short Haul Road Freight Transport - The segment captures the external (outsourced) logistics expenditure incurred by the road freight transport service end users on local trucking (less than 100 miles). It includes the road transport of goods (i) within a single administrative area and its hinterland, (ii) by smaller trucks and pickup trucks (iii) via containerized as well as dry bulk services (iv) intermodal from ports, container terminals or airports, and (v) outsourced first mile/ last mile delivery shipments undertaken by road freight transport players.
- Transport and Storage Sector GDP - Value and growth of Transport and Storage Sector GDP has a direct relation to the freight and logistics market size, and hence road freight transport market size. Therefore, this variable has been studied and presented over the review period, in value terms (USD) and as share % of total GDP, in this industry trend. The data has been supported by concise and relevant commentary around the investments, developments, and current market scenario.
- Trends in E-Commerce Industry - Enhanced internet connectivity and boom in smartphone penetration, coupled with increasing disposable incomes, has led to a phenomenal growth in the e-commerce market globally. Online shoppers require fast and efficient delivery of their orders leading to an increase in the demand for logistics services especially e-commerce fulfilment services. Hence, the Gross Merchandise Value (GMV), historial and projected growth, breakup of major commodity groups in e-commerce industry for the studied geography (country or region as per scope of the report) have been analysed and presented in this industry trend.
- Trends in Manufacturing Industry - Manufacturing industry involves the transformation of raw materials into finished products, while logistics industry ensures the efficient flow of raw materials to the factory, and the transport of manufactured products to the distributors & consumers. Demand-Supply of both industries are highly cross-linked and critical for a seamless supply chain. Hence, the Gross Value Added (GVA), breakup of GVA into major manufacturing sectors, and growth of manufacturing industry over the review period have been analysed and presented, in this industry trend.
- Trucking Fleet Size By Type - Market share of truck types is influenced by factors like geographical preferences, major end user industries, truck prices, local production, truck repair & maintenance service peneteration, customer support, technological disruptions (like electric vehicles, digitalization, autonomous trucks) etc. Hence, the distribution (share % for base year of study) of truck parc volume by type of truck, market disruptors, truck manufacturing investments, truck specifications, truck use & import regulations, and market anticipation over the forecast period have been presented in this industry trend.
- Trucking Operational Costs - The prime reasons for measuring/ benchmarking logistics performance of any trucking company are to reduce operational costs and increase profitability. On the other hand, measuring operational costs helps to identify whether and where to make operational changes to control expenses and identify areas for improved performance. Hence, in this industry trend, trucking operational costs and the variables involved viz. driver wages & benefits, fuel prices, repairs & maintenance costs, tyre costs etc. have been studied over the base year of study, and presented for the geography studied (country or region as per the scope of report).
- Wholesale and Retail Trade - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the wholesalers and retailers, on road freight transport service. The end user players considered are the establishments primarily engaged in wholesaling or retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of supplies to and finished products from production houses to the distributors and finally to the end customer covering activites like material sourcing, transportation, order fulfillment, warehousing & storage, demand forecasting, inventory management etc.
| Keyword | Definition |
|---|---|
| Cabotage | Road transport by a motor vehicle registered in a country performed on the national territory of another country. |
| Cross Docking | Cross docking is a logistics procedure where products from a supplier or manufacturing plant are distributed directly to a customer or retail chain with marginal to no handling or storage time. Cross docking takes place in a distribution docking terminal; usually consisting of trucks and dock doors on two (inbound and outbound) sides with minimal storage space. The name ‘cross docking’ explains the process of receiving products through an inbound dock and then transferring them across the dock to the outbound transportation dock. |
| 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. |
| Dangerous Goods | The classes of dangerous goods carried by Road are those defined by the fifteenth revised edition of the UN Recommendations on the Transport of Dangerous Goods, United Nations, Geneva 2007. They include Class 1: Explosives; Class 2: Gases; Class 3: Flammable Liquids; Class 4: Flammable solids- substances liable to spontaneous combustion; substances which, on contact with water, emit flammable gases; Class 5: Oxidizing substances and organic peroxides; Class 6: Toxic and infectious substances; Class 7: Radioactive material and Class 8: Corrosive substances, Class 9: Miscellaneous dangerous substances and articles. |
| Direct Shipment | Direct shipment is a method of delivering goods from the supplier or the product owner to the customer directly. In most cases, the customer orders the goods from the product owner. This delivery scheme reduces transportation and storage costs, but requires additional planning and administration. |
| Drayage | A drayage is a form of trucking service that connects the different modes of shipping (intermodal), such as ocean freight or air freight. It’s a short-haul trip that transports goods from one place to another, usually before or after its long-haul shipping process. Drayage trucks move cargo to and from various destinations, such as container ships, storage lots, order fulfillment warehouses, and rail yards. Typically, drayage only transports goods in short distances and operates only in one metropolitan area. It also requires only one trucker in a single shift. But despite this, but it plays an important role in long-haul shipping because it gets the goods to the cargo and vice versa. It makes intermodal transport much more efficient and enables the seamless transfer of goods to the end customer. |
| Dry van | A dry van is a type of semi-trailer that's fully enclosed to protect shipments from outside elements. Designed to carry palletized, boxed or loose freight, dry vans aren't temperature-controlled (unlike refrigerated “reefer” units) and can't carry oversized shipments (unlike flatbed trailers). |
| Final Demand | Final demand includes all types of commodities (goods as well as services) consumed as final use and might include personal consumption, or consumption by government, by businesses as capital investment, and as exports. includes all types of commodities (goods as well as services) consumed as final use and might include personal consumption, or consumption by government, by businesses as capital investment, and as exports. |
| Flatbed Truck | A flatbed truck is a type of truck with rigid design. It has a back body that is flatly shaped for easy loading and unloading of goods. The flatbed truck is mostly used to transport heavy, oversized, wide and indelicate goods such as machinery, building supplies or equipment. Due to the truck open body, the goods transported with it must not be vulnerable to rain. By functionality, the flatbed truck is comparable to a flatbed trailer. |
| Inbound Logistics | Inbound logistics is the way materials and other goods are brought into a company. This process includes the steps to order, receive, store, transport and manage incoming supplies. Inbound logistics focuses on the supply part of the supply-demand equation. |
| Intermediate Demand | Intermediate demand includes goods, services, and maintenance and repair construction sold to businesses, excluding capital investment. |
| International Loaded | Place of loading of goods in reporting country (i.e., country in which the vehicle performing the transport is registered) and place of unloading in a different country. |
| International Unloaded | Place of unloading of goods in reporting country (i.e., country in which the vehicle performing the transport is registered) and place of loading in a different country. |
| OOG cargo | Out of Gauge (OOG) cargo is any cargo that can not be loaded into six-sided shipping containers simply because it is too large. The term is a very loose classification of all cargo with dimensions beyond the maximum 40HC container dimensions. That is a length beyond 12.05 meters – a width beyond 2.33 meters – or a height beyond 2.59 meters. |
| Pallets | Raised platform, intended to facilitate the lifting and stacking of goods. |
| Part load | A part load describes goods which only fills a truck partially. In essence, the quantity of the shipment is bigger than the Less Than Truckload (LTL) shipment. Also, the shipment cannot fully occupy a truck i.e. its capacity is much lower than a Full Truckload (FTL) shipment. |
| Paved Road | Road surfaced with crushed stone (macadam) with hydrocarbon binder or bituminized agents, with concrete or with cobblestone. |
| Reverse Logistics | Reverse logistics comprises of the sector of supply chains that process anything returning inwards through the supply chain or traveling ‘backward’ through the supply chain. |
| Road Freight Transport Service | 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. |
| Tautliner vehicle | Tautliner and curtainsider are used as generic names for curtain sided trucks/trailers. The curtains are permanently fixed to a runner at the top and detachable rails/poles at front and rear, allowing the curtains to be drawn open and forklifts used all along the sides for easy and efficient loading and unloading. When closed for travel, vertical load restraint straps are attached to a rope rail beneath the truck bed, connecting the truck bed and curtain along both sides. Winches at either end of the curtain tension it, hence the 'Tautliner' name. This stops the curtain from flapping or drumming in the wind and can also help retain light loads from slipping sideways. |
| Transport for hire or reward | The carriage for remuneration of goods. |
| Unpaved Road | Road with a stabilized base not surfaced with crushed stone, hydrocarbon binder or bituminized agents, concrete or cobblestone. |
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 considered to be a part of the pricing, and the average selling price (ASP) is varying 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
