Global General Transport Market Size, Forecasts, And Opportunities
Learn about the global general transport market through The Business Research Company, which provides information on general transport market size, general transport market drivers and restraints, general transport market players, the COVID-19 impact on the general transport market, and more.
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The global general transport market is expected to grow from $1515.2 billion in 2020 to $1685. billion in 2021 at a compound annual growth rate (CAGR) of 11%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $2250.1 billion in 2025 at a CAGR of 7%.
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The general transport services market consists of sales of general transportation services and related goods by entities (organizations, sole traders and partnerships) that provide local general freight trucking services. General freight establishments handle a wide variety of commodities, generally palletized and transported in a container or van trailer.
Global General Transport Market Segments Include:
By Type: Sightseeing Transport & Support Activities For Transport, Couriers And Messengers, Postal Services
Subsegments Covered: Scenic And Sightseeing Transport, Support Activities For Transport, Domestic Couriers, International Couriers
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe was the largest region in the global general transport market, accounting for 39% of the market in 2020.
Courier service providers are now offering on-demand delivery services for faster and efficient delivery of parcels. On-demand delivery provides customers with a flexible option of getting packages delivered at their convenient time and place. This service can also be integrated with point-of-sale systems and ecommerce platforms which enable courier companies to efficiently manage their operations, and thus is a cheaper, faster and more reliable mode of parcel delivery.
TBRC’s general transport market report covers:
Major Market Players: Deutsche Post DHL Group, United Parcel Service, FedEx, Japan Post Holdings, Schenker AG.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The General Transport Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides general transport market overviews, analyses and forecasts market size, share, general transport market players, general transport market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s general transport market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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