Road Freight Transportation Market In Europe by Product (food and beverages, metals and mining, dangerous goods, agriculture, and others)|COVID-19 Impact Analysis

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Technavio has been monitoring the road freight transportation market in Europe and it is poised to grow by USD 31.47 billion during 2020-2024, progressing at a CAGR of almost 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200930005964/en/

Technavio has announced its latest market research report titled Road Freight Transportation Market in Europe 2020-2024 (Graphic: Business Wire)

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43875

This Report Addresses:

  • The market size from 2020-2024
  • Expected market growth until 2024
  • Forecast of how market drivers, restraints, and future opportunities will affect the market dynamics
  • Segments and regions that will drive or lead market growth and why
  • Comprehensive mapping of the competitive landscape
  • In-depth analysis of key sustainability strategies adopted by market players

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • Based on segmentation by product, which is the leading segment in the market?
  • The food and beverage industry is expected to be the leading segment based on product in the global market during the forecast period.
  • What are the major trends in the market?
  • Increasing cross-border trade is one of the major trends in the market.
  • At what rate is the market projected to grow?
  • Growing at a CAGR of almost 2%, the incremental growth of the market is anticipated to be USD 31.47 billion.
  • Who are the top players in the market?
  • DACHSER SE, Deutsche Post DHL Group, DSV Panalpina A/S, FedEx Corp., GEODIS, Hellmann Worldwide Logistics SE & Co. KG, Kuehne + Nagel International AG, Rhenus SE & Co. KG, Schenker AG, and XPO Logistics, Inc. are some of the major market participants.
  • What are the key market drivers and challenges?
  • Growing e-commerce industry is one of the major factors driving the market. However, competitive pricing and high operational costs will restrain market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. DACHSER SE, Deutsche Post DHL Group, DSV Panalpina A/S, FedEx Corp., GEODIS, Hellmann Worldwide Logistics SE & Co. KG, Kuehne + Nagel International AG, Rhenus SE & Co. KG, Schenker AG, and XPO Logistics Inc. are some of the major market participants. The growing e-commerce industry will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Road Freight Transportation Market in Europe 2020-2024: Segmentation

Road Freight Transportation Market in Europe is segmented as below:

  • Product
    • Food and Beverages
    • Metals and Mining
    • Dangerous Goods
    • Agriculture
    • Others

Road Freight Transportation Market in Europe 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The road freight transportation market in Europe report covers the following areas:

  • Road Freight Transportation Market Size in Europe
  • Road Freight Transportation Market Trends in Europe
  • Road Freight Transportation Market Analysis in Europe

This study identifies increasing cross-border trade as one of the prime reasons driving the road freight transportation market growth in Europe during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Road Freight Transportation Market in Europe 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist road freight transportation market growth in Europe during the next five years
  • Estimation of the road freight transportation market size in Europe and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the road freight transportation market in Europe
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of road freight transportation market vendors in Europe

Table of Contents:

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five force summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Food and beverages - Market size and forecast 2019-2024
  • Metals and mining - Market size and forecast 2019-2024
  • Dangerous goods - Market size and forecast 2019-2024
  • Agriculture - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Product

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Germany - Market size and forecast 2019-2024
  • France - Market size and forecast 2019-2024
  • Spain - Market size and forecast 2019-2024
  • UK - Market size and forecast 2019-2024
  • Rest of Europe - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume driver - Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • DACHSER SE
  • Deutsche Post DHL Group
  • DSV Panalpina A/S
  • FedEx Corp.
  • GEODIS
  • Hellmann Worldwide Logistics SE & Co. KG
  • Kuehne + Nagel International AG
  • Rhenus SE & Co. KG
  • Schenker AG
  • XPO Logistics Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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