forest products trucking market
Transportation Services

Global Forest Products Trucking Market Size, Drivers, Trends, Opportunities And Strategies – Includes Forest Products Trucking Market Growth

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

The increase in demand for wood-based raw materials are expected to drive innovation in forest products trucking manufacturing, thus driving the market during the forecast period.

 

The global forest products trucking market is expected to grow from $193.32 billion in 2022 to $206.78 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The global forest products trucking market size is expected to grow to $263.67 billion in 2027 at a CAGR of 6.3%.

 

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Global forest products trucking Market Segments Include:

  • By Type: Log Transport, Chip Transport
  • By Size: Heavy Trucks, Medium Trucks, Light Trucks
  • By Applications: Oil & Gas, Industrial & Manufacturing, Energy & Mining, Food & Beverages, Pharmaceuticals & Healthcare, Other Applications
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global forest products trucking market in 2021.

 

Major Market Players in the forest products trucking market include GoodLogistics, Timber Products Company, Fr. Meyer’s Sohn (GmbH & Co.) KG, JB Hunt Transport Services, Knight Transportation.

 

Development of electric trucks is a key trend gaining popularity in the forest products trucking market. Customers are increasingly preferring vehicles with lower carbon emissions. Electric trucks are environmentally sustainable and have lower carbon footprint. For example, in August 2022, Svenska Cellulosa AB (SCA), a Swedish forest industry company, together with Scania, a Swedish manufacturer of commercial vehicles, developed the electric timber truck with a capacity of 80 tons. The new electric timber truck represents an innovative step on the journey towards a fossil-free society and can be driven with a total weight of 64 tons on public roads and 80 tons on private roads.

 

The Forest Products Trucking Global Market Report 2023  provides a forest products trucking market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The forest products trucking market forecast analyzes forest products trucking market size, forest products trucking market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

Forest products trucking refers to a mode of transportation that provides over-the-road transportation of forest products such as wood to carry it using heavy loading trucks to the point of storage and processing to make it suitable for furniture products for domestic and commercial purposes and provide raw materials for industrial applications.

 

Explore Similar Reports From The Business Research Company:

General Freight Trucking Global Market Report 2023

LongDistance General Freight Trucking Global Market Report 2023

Specialized Freight Trucking Global Market Report 2023

 

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