Spain Road Freight Transport Market Analysis
The Spain Road Freight Transport Market size is estimated at 36.66 billion USD in 2025, and is expected to reach 42.92 billion USD by 2030, growing at a CAGR of 3.20% during the forecast period (2025-2030).
Spain's road transportation sector is experiencing significant transformation driven by evolving energy consumption patterns and infrastructure development initiatives. Oil remains the dominant fuel source, accounting for 43.8% of total consumption, followed by natural gas at 21.8%, highlighting the sector's continued reliance on traditional fuel sources. The Ministry of Transport and Infrastructure is implementing the New Highway Conservation Strategy 2023-2026, with a substantial public investment of USD 224 million, including approximately USD 108 million specifically allocated for road maintenance and operations. This comprehensive infrastructure development approach aims to enhance the efficiency and reliability of Spain's road transportation network while supporting the growing demands of the road freight transport sector.
The industry is witnessing a notable shift in market dynamics with the increasing presence of international operators. As of July 2024, Moroccan transport companies have secured over 80,000 licenses to operate in Spain, significantly outnumbering Spanish operators who hold approximately 8,000 licenses. This transformation is reshaping competitive dynamics and operational practices within the road transport in Spain sector. The industry is also grappling with a critical shortage of over 15,000 truck drivers, prompting initiatives to address workforce challenges and improve operational efficiency.
Technological innovation and sustainability initiatives are rapidly transforming the Spanish road freight landscape. In September 2024, Volvo announced plans to launch a new version of its FH electric truck, offering an impressive range of up to 600 kilometers on a single charge, scheduled for release in the second half of 2025. This development aligns with Spain's broader commitment to sustainable transport solutions. Additionally, companies like Trucksters are revolutionizing long-haul operations through 'relay trucking,' utilizing artificial intelligence to optimize traditional relay systems and reduce transit times.
The sector is experiencing significant infrastructure modernization through various regional development projects. In July 2024, Meridiam secured financial closure for the Aragon Roads project, which involves upgrading and maintaining 183 kilometers of road between Andorra (Teruel) and Mora de Rubielos over 25 years. The project, scheduled to commence construction in late 2024, aims to reduce travel time by 20% and enhance safety through infrastructure improvements. Furthermore, fuel costs continue to impact operational dynamics, with petrol prices reaching USD 1.78 per liter by April 2024, marking a 9.25% increase since the beginning of the year.
Spain Road Freight Transport Market Trends
Developing transport and storage sector fueled by growing infrastructure investments by Spanish Government
- In May 2024, plans to build a rail tunnel under the Strait of Gibraltar to connect Spain and Morocco were revived. The Spanish government hired state-owned engineering firm Ineco to update the feasibility study and cost estimates for the project. Initial estimates suggest the tunnel could cost between USD 5.33 billion and USD 10.67 billion, with funding expected from European and African lending institutions. The shortest route between Spain and Morocco is 14 km, but the sea is about 1000 m deep there, making construction difficult. Alternatives being considered are around 28 km long but at a more manageable depth of less than 300 meters. The current plan is for a single-bore tunnel, with the option to add a second parallel tunnel in the future. This tunnel would be used by both passenger and freight trains.
- In June 2024, Spain allocated USD 2.47 billion to enhance rail infrastructure in northern Spain, part of a broader USD 3.09 billion investment in Asturias. Out of this total, USD 2.35 billion is earmarked for EU projects slated for completion by 2030. Meanwhile, developments overseen by Spain’s Ministry of Transport, with a budget of USD 744.95 million, are targeted for a 2050 finish. In October 2024, Spain greenlit a tripartite agreement to construct a new southern rail entrance to the Port of Barcelona, with expenses exceeding USD 805.65 million.
Owing to high fuel prices, a discount of USD 0.2 per liter was applied to the retail price as a subsidy by the Spanish government in 2022
- Spain has witnessed a consistent uptrend in fuel prices, with the average cost of a liter of petrol climbing to USD 1.78 by April 2024, marking a 0.96% increase for three consecutive months, reminiscent of mid-October levels. Diesel prices, on the other hand, stood at USD 1.66 per liter, reflecting an uptick of nearly 0.6% in the fourth week of the month. Moreover, gasoline prices have surged by 9.25% since the start of 2024, while diesel has seen a more modest increase of close to 4.5%.
- Fuel prices have been a major concern recently, along with food costs, significantly impacting Spaniards' budgets. By the end of 2024, the price of a liter of 95-octane gasoline is expected to be around USD 1.49, and diesel around USD 1.38. The main reason for this expected drop in fuel prices is the oil market, which is seeing a decline in both supply and demand. The International Energy Agency predicts that oil consumption will fall sharply, from 2.8 million barrels per day in the third quarter of 2023 to 1.1 million in 2024.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Digital Spain 2026 strategy is expected to boost retail sector in Spain, driving economic growth
- E-commerce in Spain is expected to grow at a CAGR of 9.87% during 2023-2027, supported by growing consumer shift to online shopping
- Spain's LPI rank witnessed a rise by four places due to upgrades in its infrastructure network and new high-capacity roads
- Spain is poised to significantly ramp up its green hydrogen production by 2030, aiming to become a major exporter within Europe
- Rising fuel costs and driver shortages are influencing trucking operational costs
- Spain's truck market rebounded and grew in 2023, despite pandemic challenges and vehicle shortages
- Growing fuel pricing along with truck driver challenges influencing a rise in road freight prices despite infrastructure development
- Record high PPI witnessed due to rise in producer prices of energy, with electricity prices impacting CPI
- The oil and gas, mining, and quarrying and retail and wholesale trade sectors witnessed highest CAGR in GDP during 2017-2022 in Spain
- Spain is utilizing EU funds to boost EV production, with significant investments from Volkswagen and Ford
- Spain accelerates road infrastructure investment and aims for a safer and more sustainable transport system by 2030
- Spain's push for renewable energy is expected to save over USD 362 billion by reducing fossil fuel imports over 30 years
- European Union mandates steep emission cuts for trucks and trailers, boosting electric truck adoption significantly in Spain
- Products from automotive sector, capital goods, and the food, beverages, and tobacco industry are of significant importance for road haulage in Spain
- Road and Rail infrastructure in Spain is expected to grow dramatically as a result of a major investment by Spain Government
Segment Analysis: End User Industry
Manufacturing Segment in Spain Road Freight Transport Market
The manufacturing segment dominates Spain's road freight transport market, accounting for approximately 37% of the total market value in 2024. This significant share is driven by Spain's position as the second-largest automotive manufacturer in Europe, with the sector heavily relying on road transportation services for both domestic and international markets. The segment's strength is further evidenced by Spain's manufacturing production growth of 4.4% in July 2024, primarily driven by increases in non-durable consumer goods (8.3%), intermediate goods (6.6%), and durable consumer goods (2.8%). Major investments in the sector, such as Volkswagen's USD 10.67 billion battery plant project in Valencia and Ford's transition to electric vehicle production, continue to generate substantial demand for road freight transport services.
Wholesale and Retail Trade Segment in Spain Road Freight Transport Market
The wholesale and retail trade segment is experiencing remarkable growth in the Spanish road freight transport market. The segment's expansion is primarily driven by the booming e-commerce sector, which is projected to register a growth rate of approximately 10% during 2024-2029. This growth is supported by increasing consumer adoption of online shopping, with user penetration expected to reach 86.3% by 2027. The segment's evolution is further accelerated by significant developments in last-mile delivery capabilities, with companies like XPO Logistics expanding their operations through new distribution hubs and innovative delivery solutions. The rise in food expenditures and technology purchases, particularly driven by events like the European Football Championship, has also contributed to increased demand for transportation services in this segment.
Remaining Segments in End User Industry
The construction segment maintains a steady presence in the market, driven by infrastructure development projects and residential construction initiatives. The agriculture, fishing, and forestry sector contributes significantly through the transportation of fresh produce and agricultural products, particularly benefiting from Spain's position as a major agricultural producer in the European Union. The oil and gas, mining, and quarrying segment, while smaller in market share, plays a crucial role in energy resource distribution. The remaining miscellaneous segments encompass various industries including healthcare products, radioactive materials transport, and specialized cargo, collectively contributing to the market's diversity and stability.
Segment Analysis: Destination
Domestic Segment in Spain Road Freight Transport Market
The domestic segment continues to dominate Spain's road freight transport market, commanding approximately 64% market share in 2024. This dominance is supported by robust infrastructure development, with the Ministry of Transport and Infrastructure implementing the New Highway Conservation Strategy 2023-2026. The strategy involves a significant public investment of USD 224 million, with approximately USD 108 million specifically allocated for road maintenance and operations. The domestic segment's strength is further reinforced by the Spanish government's commitment to improving regional connectivity and the presence of nearly 59,000 public road freight transport companies operating heavy commercial vehicles nationwide. Additionally, the introduction of new variants of Euromodular trucks, stretching up to 32 meters in length with a carrying capacity of 70 tonnes, has enhanced the efficiency of domestic freight movement.
International Segment in Spain Road Freight Transport Market
The international segment is experiencing robust growth in the Spain road freight transport market, driven by increasing cross-border trade activities and e-commerce expansion. The segment is projected to maintain strong momentum through 2024-2029, supported by Spain's strategic position as a gateway for European trade. Cross-border e-commerce has been a major catalyst, with approximately 55% of online shopping originating from international websites, predominantly within the European Union. The growth is further supported by Spain's initiatives to address driver shortages through international collaboration, including programs to train and employ Moroccan drivers. The segment's expansion is also bolstered by Spain's strong trade relationships with key European partners and its role as a crucial logistics hub for international freight movement.
Segment Analysis: Truckload Specification
Full-Truck-Load (FTL) Segment in Spain Road Freight Transport Market
The Full-Truck-Load (FTL) segment continues to dominate Spain's road freight transport market, commanding approximately 83% of the total market value in 2024. This substantial market share is driven by the robust pharmaceutical industry, which has established itself as the third-largest exportable product category in Spain. The segment's strength is further reinforced by the country's significant fruit and vegetable exports, with over 7 million tons of fruit and more than 5 million tons of vegetables being transported annually. Major logistics companies like Girteka play a crucial role in this segment, with more than 50% of their FTL deliveries being temperature-controlled cargo. The Spanish government's initiatives to address driver shortages, including training programs for Moroccan drivers and legislation banning drivers from loading and unloading trucks over 7.5 tons, have helped maintain the segment's strong position in the market.
Less-than-Truck-Load (LTL) Segment in Spain Road Freight Transport Market
The Less-than-Truck-Load (LTL) segment is experiencing robust growth, projected to expand at approximately 4% during 2024-2029. This growth is being fueled by several key developments in the market. Major players like XPO Logistics are expanding their operations, launching new mega-truck routes connecting key cities such as Bilbao with Valladolid and Madrid with Barcelona. The segment is also benefiting from significant technological advancements, with companies like Rhenus Group introducing fully electric trucks in Madrid and Bio-LPG-powered trucks in Andalusia. The Spanish government's SME digitalization plan, with an investment of over USD 526.2 billion directly impacting 1.5 million SMEs, is further accelerating the segment's growth. Additionally, the rise in last-mile delivery services and the increasing adoption of sustainable transport solutions are creating new opportunities for LTL operators.
Segment Analysis: Containerization
Non-Containerized Segment in Spain Road Freight Transport Market
The non-containerized segment dominates Spain's road freight transport market, commanding approximately 86% of the total market value in 2024. This substantial market share is primarily driven by the robust manufacturing sector, particularly the automotive industry, where exports climbed significantly in recent years. The segment's strength is further reinforced by Spain's position as a major producer and exporter of food and agricultural products, with the European Union being its primary export destination. In 2024, several logistics companies expanded their non-containerized transport capabilities, with Rhenus Group opening new facilities and expanding its network across key industrial regions. The segment's dominance is also supported by Spain's well-developed agribusiness sector, which includes producers, processors, wholesalers, retailers, and food service operators, all contributing to a competitive and dynamic domestic scenario.
Containerized Segment in Spain Road Freight Transport Market
The containerized segment is experiencing the fastest growth in Spain's road freight transport market, projected to grow at approximately 3.5% during 2024-2029. This growth is primarily driven by Spain's leading position among European nations for container handling, with major ports like Valencia, Algeciras, and Barcelona collectively managing nearly 80% of Spain's container traffic. The segment's expansion is further supported by significant infrastructure investments, such as the Port Authority of Valencia's approval for constructing a new container quay terminal. The growth trajectory is also bolstered by increasing bilateral trade with major partners like Italy, China, and the United States. Recent developments in 2024, such as GAC Spain's expansion with new offices at strategic ports and enhanced service offerings including ship agency, customs clearance, and freight services, are expected to further accelerate the segment's growth.
Segment Analysis: Distance
Long Haul Segment in Spain Road Freight Transport Market
Long haul trucking dominates Spain's road freight transport market, accounting for approximately 75% of the total market value in 2024, while also emerging as the fastest-growing segment. The segment's prominence is largely attributed to Spain's strategic geographical position and its extensive trade relationships with key European Union partners. In 2024, Moroccan companies have significantly expanded their presence in the Spanish long-haul sector, securing over 80,000 licenses compared to Spanish companies' 8,000, indicating a major shift in market dynamics. The segment is witnessing innovative developments, with companies like Trucksters implementing 'relay trucking' systems that break longer journeys into shorter intervals, aiming to reduce transit times by 50% between the United Kingdom and continental Europe through routes across Barcelona and Central and Northern Spain. Additionally, sustainable initiatives are gaining traction, exemplified by the collaboration between logistics company Sesé and Scania, which launched a renewable fuel-powered Scania R650 4x2 tractor with a 31.7-meter Duo Trailer, specifically designed for goods transport between Pamplona and Barcelona, covering 4,500 km weekly.
Short Haul Segment in Spain Road Freight Transport Market
The short haul segment plays a vital role in Spain's domestic freight movement, particularly in urban and regional distribution networks. The segment has been experiencing significant technological and sustainable transportation developments, with several companies introducing electric and alternative fuel vehicles for urban deliveries. For instance, Rhenus Group has begun testing alternative fuels to diesel, introducing a fully electric truck in Madrid and a Bio-LPG-powered truck in Andalusia as part of their fleet decarbonization efforts. The Spanish government has also demonstrated strong support for short-haul infrastructure development through various initiatives, including the Meridiam's Aragon Roads project, which involves upgrading and maintaining a 183 km road network in Teruel. This project, scheduled to begin construction in late 2024, aims to reduce travel time by 20% and enhance safety through infrastructure improvements. Furthermore, the segment is witnessing increased adoption of sustainable practices, exemplified by Irizar Group's launch of a 2,200 sq. m production plant dedicated to manufacturing 100% electric trucks in the Gipuzkoa town of Lazkao, specifically designed for city freight transport.
Segment Analysis: Goods Configuration
Solid Goods Segment in Spain Road Freight Transport Market
The solid goods segment dominates Spain's road freight transport market, accounting for approximately 71% of the total market value in 2024. This segment's strong performance is primarily driven by Spain's thriving manufacturing sector and robust export activities. The automotive sector plays a crucial role, with exports climbing significantly as Germany emerged as the top destination market. The personal equipment category has shown remarkable growth, followed by steady increases in other goods and household equipment segments. Spain's position as the second-largest automotive manufacturer in Europe further strengthens this segment, with major investments like Volkswagen's USD 10.67 billion battery plant in Valencia set to begin production in 2026. Additionally, the country's well-developed retail sector and expanding e-commerce industry contribute significantly to solid goods transportation, with small chains outperforming larger stores in recent sales growth.
Fluid Goods Segment in Spain Road Freight Transport Market
The fluid goods segment is experiencing the fastest growth in Spain's road freight transport market, with projections indicating an annual growth rate of approximately 4% between 2024 and 2029. This growth is primarily driven by Spain's increasing oil consumption, which reached about 60 million metric tons in recent years. The Spanish Gas System has become a global benchmark for supply security, supported by its strategic location and robust infrastructure network. The segment's growth is further bolstered by Spain's position as a key European entry point for LNG, with diverse supply sources from 19 origins. The country's refineries have shown increased activity, with gas demand by Spain's coke and oil refineries reaching nearly 110 GWh/day in early 2024. The segment's expansion is also supported by Spain's ambitious green hydrogen initiatives, with the country aiming to install 4 GW of renewable hydrogen electrolyzers by 2030, representing 10% of the European Union's target.
Segment Analysis: Temperature Control
Non-Temperature Controlled Segment in Spain Road Freight Transport Market
Non-temperature controlled trucking dominates the Spanish road freight transport market, accounting for approximately 95% of the total market value in 2024. This segment's prominence is largely driven by Spain's robust manufacturing sector, particularly its thriving automotive industry which relies heavily on standard freight services. The segment has been experiencing steady growth supported by increased e-commerce activities and retail trade expansion. In 2024, logistics companies like XPO and Rhenus Group have been actively expanding their non-temperature controlled fleet and infrastructure to meet growing demand. For instance, Rhenus Group introduced a fully electric truck in Madrid and a Bio-LPG-powered truck in Andalusia, demonstrating the segment's evolution towards sustainable transport solutions. The segment's dominance is further reinforced by Spain's position as a major logistics hub, connecting key European markets and handling significant volumes of general cargo, construction materials, and industrial goods.
Temperature Controlled Segment in Spain Road Freight Transport Market
The temperature-controlled segment is emerging as the fastest-growing segment in Spain's road freight transport market, with a projected growth rate of approximately 4% between 2024 and 2029. This growth is primarily driven by increasing pharmaceutical exports, with Spain being the third-largest exporter of pharmaceutical products in the country. The segment's expansion is further supported by Spain's position as a leading producer and exporter of food and agricultural products within the European Union. Major logistics companies are investing in specialized temperature-controlled facilities and vehicles to meet this growing demand. For instance, in 2024, Bomi Group's Madrid facility has been offering various temperature-controlled storage solutions ranging from -30°C to +25°C. The segment is also benefiting from stringent regulations regarding the transportation of temperature-sensitive products and increasing demand for fresh food delivery services across urban areas.
Spain Road Freight Transport Industry Overview
Top Companies in Spain Road Freight Transport Market
The leading companies in the market are demonstrating a strong commitment to innovation and sustainability initiatives. Companies are increasingly investing in electric and alternative fuel vehicles to reduce emissions, with several players introducing new eco-friendly truck models and establishing charging infrastructure. Operational excellence is being pursued through digitalization efforts, with companies implementing advanced tracking systems, AI-powered route optimization, and automated booking platforms. Strategic expansion moves include establishing new distribution centers, particularly near major ports and industrial hubs, while also extending geographical reach through both organic growth and acquisitions. Many players are enhancing their service portfolios by adding specialized offerings like temperature-controlled transport, high-security logistics, and integrated supply chain solutions to meet evolving customer needs.
Mix of Global and Local Specialists
The Spanish road transportation market exhibits a fragmented competitive landscape with a diverse mix of players. Global logistics conglomerates like DHL Group, DSV, and Maersk operate alongside strong domestic players such as Primafrio and Grupo Sesé, creating a dynamic competitive environment. The market structure is characterized by the presence of both full-service providers offering end-to-end logistics solutions and specialized operators focusing on specific segments like refrigerated transport or automotive logistics. While global players leverage their international networks and technological capabilities, local companies maintain competitive advantages through their deep understanding of regional markets and established customer relationships.
The market has witnessed active consolidation through mergers and acquisitions, particularly as companies seek to strengthen their market positions and expand service capabilities. Global players are acquiring local specialists to enhance their regional presence and gain access to established customer bases, while domestic companies are pursuing strategic acquisitions to expand their service offerings and geographical coverage. The trend towards consolidation is driven by the need to achieve economies of scale, enhance operational efficiency, and offer comprehensive logistics solutions to meet growing customer demands for integrated services.
Innovation and Sustainability Drive Future Success
For incumbent companies to maintain and expand their market share, focusing on technological innovation and sustainability initiatives will be crucial. Market leaders are investing in digital transformation, including the implementation of advanced fleet management systems, predictive maintenance capabilities, and customer-facing digital platforms. Building strong relationships with key industrial sectors, particularly automotive, manufacturing, and retail, while also developing specialized solutions for emerging sectors like e-commerce and renewable energy, will be essential for maintaining competitive advantages. Companies must also focus on operational excellence through road freight transport optimization, asset utilization improvement, and cost management to protect margins in an increasingly competitive market.
New entrants and challenger companies can gain ground by focusing on underserved market segments and leveraging innovative business models. Success factors include developing specialized expertise in high-growth sectors, implementing flexible pricing strategies, and building strong regional networks. The ability to adapt to regulatory changes, particularly regarding emissions standards and driver working conditions, will be crucial for all market participants. Companies must also consider the increasing importance of sustainability credentials in customer decision-making, making investments in green technologies and practices a strategic imperative. The development of value-added services and the ability to offer customized solutions will become increasingly important differentiators in the market.
Spain Road Freight Transport Market Leaders
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DACHSER
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DHL Group
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Grupo Sese
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Primafrio
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XPO, Inc.
- *Disclaimer: Major Players sorted in no particular order
Spain Road Freight Transport Market News
- September 2024: XPO, Inc. launched Connect Europe, a cross-border solution that to manage shipments to 25 European countries for transportation of single pallets, as well asfull loads. Connect Europe service was launched to consolidate companies' international shipping using a single point of contact, reducing intermediaries and other complexities associated with international transport.
- August 2024: DSV inked a deal with Volvo Trucks, securing an order of 300 electric trucks. This transaction marked one of the most significant commercial orders for Volvo's electric truck lineup. It was a pivotal move for DSV, aligning with their ambition to cut emissions and spearhead the green transition in transportation. Collaboratively, DSV and Volvo Trucks strategized the rollout of these 300 zero-emission electric trucks throughout DSV's European operations. Additionally, the agreement encompassed 500 Volvo trucks equipped with fuel-efficient diesel and gas drivetrains.
- May 2024: XPO, Inc made investments in Artificial Intelligence, to offer improve its last-mile deliveries. It developed a chatbot that makes an automated phone call to the final recipient to inform them of the exact time and point of delivery of their order. It generally supports customer communication via WhatsApp, through which customers can check in real-time the location of their order, as well as the information about the vehicle and driver who will make the delivery. The chatbot receives the notification, traces the route through Google Maps, calculates how long the carrier will take, and then makes the call informing the customer the time required to complete the delivery.
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List of Tables & Figures
- Figure 1:
- DISTRIBUTION OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, SHARE %, SPAIN, 2022
- Figure 2:
- GROWTH OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, CAGR %, SPAIN, 2016-2021
- Figure 3:
- GROSS MERCHANDISE VALUE (GMV) OF E-COMMERCE INDUSTRY, USD, SPAIN, 2017 - 2027
- Figure 4:
- SECTORAL SHARE IN E-COMMERCE INDUSTRY GROSS MERCHANDISE VALUE (GMV), SHARE %, SPAIN, 2022
- Figure 5:
- GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY (IN CURRENT PRICES), USD, SPAIN, 2017 - 2022
- Figure 6:
- SECTORAL SHARE IN GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY, SHARE %, SPAIN, 2022
- Figure 7:
- VALUE OF TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), USD, SPAIN, 2017 - 2022
- Figure 8:
- TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), SHARE % OF GDP, SPAIN, 2017 - 2022
- Figure 9:
- RANK OF LOGISTICS PERFORMANCE, RANK, SPAIN, 2010 - 2023
- Figure 10:
- SHARE OF ROAD LENGTH BY SURFACE CATEGORY, %, SPAIN, 2022
- Figure 11:
- SHARE OF ROAD LENGTH BY SURFACE CLASSIFICATION, %, SPAIN, 2022
- Figure 12:
- VALUE OF EXPORTS, USD, SPAIN, 2017 - 2023
- Figure 13:
- VALUE OF IMPORTS, USD, SPAIN, 2017 - 2023
- Figure 14:
- FUEL PRICE BY TYPE OF FUEL, USD/LITER, SPAIN, 2017 - 2023
- Figure 15:
- OPERATIONAL COSTS OF TRUCKING - BREAKDOWN BY OPERATING COST ELEMENT, %, SPAIN, 2022
- Figure 16:
- TRUCKING FLEET SIZE BY TYPE, SHARE %, SPAIN, 2022
- Figure 17:
- MARKET SHARE OF MAJOR TRUCK SUPPLIER BRANDS, SHARE %, SPAIN, 2023
- Figure 18:
- FREIGHT HANDLED BY ROAD TRANSPORT, TONS, SPAIN, 2017 - 2030
- Figure 19:
- PRICE TREND OF ROAD FREIGHT TRANSPORT SERVICE, USD/TON-KM, SPAIN, 2017 - 2023
- Figure 20:
- MODAL SHARE OF FREIGHT TRANSPORTATION SECTOR, SHARE % BY TON-KM, SPAIN, 2023
- Figure 21:
- MODAL SHARE OF FREIGHT TRANSPORT SECTOR, SHARE % BY TONS, SPAIN, 2023
- Figure 22:
- WHOLESALE PRICE INFLATION RATE, %, SPAIN, 2017 - 2022
- Figure 23:
- CONSUMER PRICE INFLATION RATE, %, SPAIN, 2017 - 2022
- Figure 24:
- VOLUME OF ROAD FREIGHT TRANSPORT MARKET, TON-KM, SPAIN, 2017 - 2030
- Figure 25:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 26:
- VOLUME OF ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, TON-KM, SPAIN, 2017 - 2030
- Figure 27:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, USD, SPAIN, 2017 - 2030
- Figure 28:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, SPAIN, 2017 - 2030
- Figure 29:
- VOLUME OF AFF INDUSTRY (AGRICULTURE, FISHING, AND FORESTRY) ROAD FREIGHT TRANSPORT MARKET, TON-KM, SPAIN, 2017 - 2030
- Figure 30:
- VALUE OF AFF INDUSTRY (AGRICULTURE, FISHING, AND FORESTRY) ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 31:
- VALUE SHARE OF AFF INDUSTRY (AGRICULTURE, FISHING, AND FORESTRY) ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, SPAIN, 2022 VS 2030
- Figure 32:
- VOLUME OF CONSTRUCTION INDUSTRY ROAD FREIGHT TRANSPORT MARKET, TON-KM, SPAIN, 2017 - 2030
- Figure 33:
- VALUE OF CONSTRUCTION INDUSTRY ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 34:
- VALUE SHARE OF CONSTRUCTION INDUSTRY ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, SPAIN, 2022 VS 2030
- Figure 35:
- VOLUME OF MANUFACTURING INDUSTRY ROAD FREIGHT TRANSPORT MARKET, TON-KM, SPAIN, 2017 - 2030
- Figure 36:
- VALUE OF MANUFACTURING INDUSTRY ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 37:
- VALUE SHARE OF MANUFACTURING INDUSTRY ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, SPAIN, 2022 VS 2030
- Figure 38:
- VOLUME OF EXTRACTION INDUSTRY (OIL AND GAS, MINING AND QUARRYING) ROAD FREIGHT TRANSPORT MARKET, TON-KM, SPAIN, 2017 - 2030
- Figure 39:
- VALUE OF EXTRACTION INDUSTRY (OIL AND GAS, MINING AND QUARRYING) ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 40:
- VALUE SHARE OF EXTRACTION INDUSTRY ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, SPAIN, 2022 VS 2030
- Figure 41:
- VOLUME OF DISTRIBUTIVE TRADE INDUSTRY (WHOLESALE AND RETAIL TRADE) ROAD FREIGHT TRANSPORT MARKET, TON-KM, SPAIN, 2017 - 2030
- Figure 42:
- VALUE OF DISTRIBUTIVE TRADE INDUSTRY (WHOLESALE AND RETAIL TRADE) ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 43:
- VALUE SHARE OF WHOLESALE AND RETAIL TRADE INDUSTRY ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, SPAIN, 2022 VS 2030
- Figure 44:
- VOLUME OF OTHER END USER INDUSTRIES ROAD FREIGHT TRANSPORT MARKET, TON-KM, SPAIN, 2017 - 2030
- Figure 45:
- VALUE OF OTHER END USER INDUSTRIES ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 46:
- VALUE SHARE OF OTHER END USER INDUSTRIES ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, SPAIN, 2022 VS 2030
- Figure 47:
- VOLUME OF ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, TON-KM, SPAIN, 2017 - 2030
- Figure 48:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, USD, SPAIN, 2017 - 2030
- Figure 49:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, SPAIN, 2017 - 2030
- Figure 50:
- VOLUME OF DOMESTIC ROAD FREIGHT TRANSPORT MARKET, TON-KM, SPAIN, 2017 - 2030
- Figure 51:
- VALUE OF DOMESTIC ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 52:
- VALUE SHARE OF DOMESTIC ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, SPAIN, 2022 VS 2030
- Figure 53:
- VOLUME OF INTERNATIONAL ROAD FREIGHT TRANSPORT MARKET, TON-KM, SPAIN, 2017 - 2030
- Figure 54:
- VALUE OF INTERNATIONAL ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 55:
- VALUE SHARE OF INTERNATIONAL ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, SPAIN, 2022 VS 2030
- Figure 56:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET BY TRUCKLOAD SPECIFICATION, USD, SPAIN, 2017 - 2030
- Figure 57:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY TRUCKLOAD SPECIFICATION, %, SPAIN, 2017 - 2030
- Figure 58:
- VALUE OF FULL-TRUCK-LOAD (FTL) ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 59:
- CAGR OF FULL-TRUCK-LOAD (FTL) ROAD FREIGHT TRANSPORT MARKET, %, SPAIN, 2017 - 2030
- Figure 60:
- VALUE OF LESS THAN-TRUCK-LOAD (LTL) ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 61:
- CAGR OF LESS THAN-TRUCK-LOAD (LTL) ROAD FREIGHT TRANSPORT MARKET, %, SPAIN, 2017 - 2030
- Figure 62:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET BY CONTAINERIZATION, USD, SPAIN, 2017 - 2030
- Figure 63:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY CONTAINERIZATION, %, SPAIN, 2017 - 2030
- Figure 64:
- VALUE OF CONTAINERIZED ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 65:
- CAGR OF CONTAINERIZED ROAD FREIGHT TRANSPORT MARKET, %, SPAIN, 2017 - 2030
- Figure 66:
- VALUE OF NON-CONTAINERIZED ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 67:
- CAGR OF NON-CONTAINERIZED ROAD FREIGHT TRANSPORT MARKET, %, SPAIN, 2017 - 2030
- Figure 68:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET BY DISTANCE, USD, SPAIN, 2017 - 2030
- Figure 69:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY DISTANCE, %, SPAIN, 2017 - 2030
- Figure 70:
- VALUE OF LONG HAUL ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 71:
- CAGR OF LONG HAUL ROAD FREIGHT TRANSPORT MARKET, %, SPAIN, 2017 - 2030
- Figure 72:
- VALUE OF SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 73:
- CAGR OF SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, %, SPAIN, 2017 - 2030
- Figure 74:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET BY GOODS CONFIGURATION, USD, SPAIN, 2017 - 2030
- Figure 75:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY GOODS CONFIGURATION, %, SPAIN, 2017 - 2030
- Figure 76:
- VALUE OF FLUID GOODS ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 77:
- CAGR OF FLUID GOODS ROAD FREIGHT TRANSPORT MARKET, %, SPAIN, 2017 - 2030
- Figure 78:
- VALUE OF SOLID GOODS ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 79:
- CAGR OF SOLID GOODS ROAD FREIGHT TRANSPORT MARKET, %, SPAIN, 2017 - 2030
- Figure 80:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET BY TEMPERATURE CONTROL, USD, SPAIN, 2017 - 2030
- Figure 81:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY TEMPERATURE CONTROL, %, SPAIN, 2017 - 2030
- Figure 82:
- VALUE OF NON-TEMPERATURE CONTROLLED ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 83:
- CAGR OF NON-TEMPERATURE CONTROLLED ROAD FREIGHT TRANSPORT MARKET, %, SPAIN, 2017 - 2030
- Figure 84:
- VALUE OF TEMPERATURE CONTROLLED ROAD FREIGHT TRANSPORT MARKET, USD, SPAIN, 2017 - 2030
- Figure 85:
- CAGR OF TEMPERATURE CONTROLLED ROAD FREIGHT TRANSPORT MARKET, %, SPAIN, 2017 - 2030
- Figure 86:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, SPAIN, 2017 - 2023
- Figure 87:
- MOST ADOPTED STRATEGIES, COUNT, SPAIN, 2017 - 2023
- Figure 88:
- VALUE SHARE OF MAJOR PLAYERS, %, SPAIN
Spain 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