General Transport Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The General Transport Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).

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According to The Business Research Company’s General Transport Global Market Report 2024, The general transport market size has grown strongly in recent years. It will grow from $2386.18 billion in 2023 to $2597.14 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%.  The  growth in the historic period can be attributed to economic growth, globalization of trade, urbanization, manufacturing and supply chain, consumer behavior and e-commerce.

The general transport market size is expected to see strong growth in the next few years. It will grow to $3604.98 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%.  The growth in the forecast period can be attributed to environmental sustainability, infrastructure investment, digitalization and automation, climate change mitigation, public transit and multi-modal transportation. Major trends in the forecast period include digitalization and smart mobility, electric and autonomous vehicles, urban mobility solutions, e-mobility and micromobility.

Courier service providers are now offering on-demand delivery services for faster and more efficient delivery of parcels. On-demand delivery provides customers with the flexible option of getting packages delivered at their convenient time and place. This service can also be integrated with point-of-sale systems and e-commerce platforms, which enables courier companies to efficiently manage their operations and thus is a cheaper, faster, and more reliable mode of parcel delivery. For instance, UberRUSH is an on-demand courier delivery service operating in New York, Chicago, and San Francisco. On-demand delivery services are being widely used for prescription medicine, laundry pickup and delivery, fast food delivery, and marijuana delivery. Major on-demand delivery service providers include Postmates, Deliv, Sidecar, and Amazon Flex in the USA; PiggyBaggy in Finland; and Nimber in Norway.

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The general transport market covered in this report is segmented –
1) By Type: Sightseeing Transport & Support Activities For Transport; Couriers And Messengers; Postal Services
2) By Shipment Category: Freight; Parcel; Express; Other Shipment Categories
3) By Application: Construction And Mining; Oil And Gas; Healthcare; Other Applications

Subsegments Covered: Scenic And Sightseeing Transport; Support Activities For Transport; Domestic Couriers; International Couriers

The general transport market report table of contents includes:
1. Executive Summary

2. General Transport Market Characteristics
3. General Transport Product/Service Analysis -Product/Service Examples
4. General Transport Market Trends And Strategies
5. General Transport Market – Macro Economic Scenario
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   68. Global General Transport Market Competitive Benchmarking
6. Global General Transport Market Competitive Dashboard
7. Key Mergers And Acquisitions In The General Transport Market
8. General Transport Market Future Outlook and Potential Analysis
9. Appendix

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