General Transport Market Forecast To 2033 : Trends, Segmentation, Product Type, Technology And Key Players

Overview and Scope
General transport services refer to a type of service that includes activities such as warehousing and storage services that are designed to assist people in moving from one location to another to obtain services or perform daily tasks that include the operation of warehousing and storage facilities for merchandise, refrigerated goods, and other materials.

Sizing and Forecast
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.

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Segmentation & Regional Insights
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

Western Europe was the largest region in the general transport services market in 2023. Asia-Pacific was the second largest region in the general transport services market. The regions covered in the general transport services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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Major Driver Impacting Market Growth
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.

Key Industry Players
Major companies operating in the general transport market include Amazon.com Inc., United States Postal Service, United Parcel Service Inc., Deutsche Post AG, FedEx Corporation, Japan Post Holdings Company Ltd., Le Groupe La Poste, Royal Mail Group Limited, SF Express Co. Ltd., Canada Post Corporation, DHL International GmbH, Kuehne Nagel International AG, DB Schenker, Agility Logistics, Expeditors International of Washington Inc., BDP International Inc., CEVA Logistics, Damco International BV, DSV A/S, Geodis, Hellmann Worldwide Logistics SE & Co. KG, J.B. Hunt Transport Services Inc., Knight-Swift Transportation Holdings Inc., Landstar System Inc., Old Dominion Freight Line Inc., Ryder System Inc., Schneider National Inc., Swift Transportation, TFI International Inc., Werner Enterprises Inc., XPO Inc., Matson Inc., Crowley Maritime Corporation, Hapag-Lloyd AG, Mediterranean Shipping Company SA, Nippon Yusen Kabushiki Kaisha.

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
69. Global General Transport Market Competitive Dashboard
70. Key Mergers And Acquisitions In The General Transport Market
71. General Transport Market Future Outlook and Potential Analysis
72. Appendix

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