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Market Size of europe cross border road freight transport Industry
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Europe Cross Border Road Freight Transport Market Analysis
The Europe Cross Border Road Freight Transport Market size is estimated at 176.74 billion USD
in 2024, and is expected to reach 221.30 billion USD by 2030,
growing at a CAGR of 3.82% during the forecast period (2024-2030).
176.74 Billion
Market Size in 2024 (USD)
221.30 Billion
Market Size in 2030 (USD)
2.81 %
CAGR (2017-2023)
3.82 %
CAGR (2024-2030)
Fastest Growing Market by End User Industry
4.52 %
Projected CAGR,
Wholesale and Retail Trade,
2024-2030
The wholesale and retail trade segment is expected to grow during the forecast period as marketplaces are expected to represent 65% of cross-border online sales in Europe by 2025.
Largest Market by End User Industry
36.43 %
value share,
Manufacturing,
2023
Growth in advanced manufacturing in Europe is expected to offer excellent export potential for industries such as machine tools, robotics, and electronics.
Fastest Growing Market by Country
4.85 %
Projected CAGR,
Netherlands,
2024-2030
The trade growth has been positively impacting trucking in the Netherlands. For instance, exports grew by 10.53% YoY in 2022, whereas imports grew by 14.34% YoY.
Largest Market by Country
13.47 %
value share,
United Kingdom,
2023
In 2022, UK-registered vehicles exported 3.1 million tons of goods from the United Kingdom. Road freight exports went up by 29% YoY in 2022.
First Leading Market Player
2.44 %
market share,
DB Schenker,
2022
DB Schenker operates from 430 land transport branches across 38 European countries. It also uses the first hydrogen-powered 40-ton truck in cross-border transportation.
The European automotive vehicle market is expected to record a CAGR of 3.38% from 2020 to 2030
The European automotive industry has been booming and is expected to become a global leader and driver of Europe’s growth and prosperity in the future. In addition, the European automotive vehicle market is expected to record a CAGR of 3.38% from 2020 to 2030 and reach 21.59 million units by 2030. As a result, it is expected to drive the market's growth. Moreover, the Made in Europe partnership aims to reinforce the European manufacturing global position in terms of competitiveness, sustainability, and technological leadership over the coming years. Brexit occurred on January 1, 2021, which led to increased border constraints, and several retailers and businesses were forced to reduce or delay their deliveries from the United Kingdom. The consequences of Brexit were also felt in France as several customers encountered delivery troubles for other online orders and experienced delays in receiving their Christmas parcels in 2021. However, the total retail trade sales volume index in the European Union increased by 5.47% in 2021 compared to the previous year. The construction segment of the European cross-border road freight transport market is expected to grow in line with the Swedish construction industry, which is anticipated to grow by an average of 2.1% annually between 2022 and 2025, with continued growth in the infrastructure and residential industries offsetting a decline in the commercial sector. Between 2022 and 2025, the construction market in Spain is also anticipated to rise by more than 4% annually. One of the factors expected to drive the growth of the agriculture, forestry, and fishing segment is that milk production in the European Union is projected to grow at 0.5% per year and reach around 162 million tons by 2031.
Understand The Key Trends Shaping This Market
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The cross border B2C e-commerce market is increasing the demand for cross border transportation in Europe
The Nordic cross border business-to-consumer (B2C) e-commerce market is booming. The foreign share of B2C e-commerce in Sweden out of the total e-commerce revenue is the highest, amounting to 49.4% of the total market share in 2022. Similarly, cross-border e-commerce has been a major facilitator for the growth of Spain's international road freight transport market. For instance, in 2021, the international road freight transport market recovered as most online shopping registered in Spain was cross border. In 2021, 55.4% of online shopping was done from e-commerce websites outside Spain. Also, over 55% of Italian businesses used e-commerce to sell goods abroad. Italian businesses primarily sold to other EU countries, with France accounting for a 24% share, followed by Spain with 22% and Germany with 21%. In terms of transborder transportation, the UK has strong cross border relations with other European countries. In 2022, 6.6 million tons of goods were handled by UK-registered HGV vehicles internationally to/from the United Kingdom, registering a growth of 26% YoY. In 2022, China was one of the major trading partners of Russia. In the same year, China-Russia trade exceeded USD 190 billion, registering a growth of 29.3% YoY. The UK government has created a plan of action to move toward electric trucks and achieve net zero emissions from road freight by 2040. It also aims to end the sale of new non-zero emission heavy goods vehicles ranging in weight from 3.5–26 tons by 2035 and all new non-zero emission HGVs by 2040. To support the projected production of roughly 2 million electric and hybrid vehicles, the French government is investing EUR 2.5 billion (USD 2.66 billion) to strengthen the road freight industry within the framework of the France 2030 investment plan.
Europe Cross Border Road Freight Transport Industry Segmentation
Agriculture, Fishing, and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, Others are covered as segments by End User Industry. France, Germany, Italy, Netherlands, Nordics, Russia, Spain, United Kingdom are covered as segments by Country.
The European automotive industry has been booming and is expected to become a global leader and driver of Europe’s growth and prosperity in the future. In addition, the European automotive vehicle market is expected to record a CAGR of 3.38% from 2020 to 2030 and reach 21.59 million units by 2030. As a result, it is expected to drive the market's growth. Moreover, the Made in Europe partnership aims to reinforce the European manufacturing global position in terms of competitiveness, sustainability, and technological leadership over the coming years. Brexit occurred on January 1, 2021, which led to increased border constraints, and several retailers and businesses were forced to reduce or delay their deliveries from the United Kingdom. The consequences of Brexit were also felt in France as several customers encountered delivery troubles for other online orders and experienced delays in receiving their Christmas parcels in 2021. However, the total retail trade sales volume index in the European Union increased by 5.47% in 2021 compared to the previous year. The construction segment of the European cross-border road freight transport market is expected to grow in line with the Swedish construction industry, which is anticipated to grow by an average of 2.1% annually between 2022 and 2025, with continued growth in the infrastructure and residential industries offsetting a decline in the commercial sector. Between 2022 and 2025, the construction market in Spain is also anticipated to rise by more than 4% annually. One of the factors expected to drive the growth of the agriculture, forestry, and fishing segment is that milk production in the European Union is projected to grow at 0.5% per year and reach around 162 million tons by 2031.
End User Industry Agriculture, Fishing, and Forestry Construction Manufacturing Oil and Gas, Mining and Quarrying Wholesale and Retail Trade Others
Country France Germany Italy Netherlands Nordics Russia Spain United Kingdom Rest of Europe
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Europe Cross Border Road Freight Transport Market Size Summary
The Europe Cross Border Road Freight Transport Market is poised for significant growth, driven by the robust expansion of the European automotive industry and strategic initiatives like the Made in Europe partnership. This partnership aims to enhance Europe's competitive edge in manufacturing through sustainability and technological advancements. The market is also influenced by the burgeoning Nordic B2C e-commerce sector, with countries like Sweden leading in cross-border online sales. Despite challenges such as Brexit, which introduced border constraints affecting delivery timelines, the market continues to thrive, supported by increasing retail trade volumes and the growth of sectors like construction and agriculture. The transportation and logistics sector, particularly in Germany, plays a pivotal role, with substantial investments in infrastructure and a focus on transitioning to electric vehicles to meet sustainability goals. The market landscape is characterized by fragmentation, with major players like Dachser, DB Schenker, DHL Group, DSV A/S, and XPO, Inc. holding a modest share. These companies are actively investing in innovative technologies, such as electric trucks, to enhance their operations and reduce emissions. The European Union's commitment to completing the Trans-European Transport Network by 2050, alongside initiatives to boost transport links and promote sustainable transportation, further supports market growth. However, external factors like fluctuating fuel prices, influenced by geopolitical events, pose challenges. The market's resilience is evident as it adapts to these dynamics, with ongoing investments in infrastructure and technology to support future growth.
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Europe Cross Border Road Freight Transport Market Size - Table of Contents
1. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2030 and analysis of growth prospects)
1.1 End User Industry
1.1.1 Agriculture, Fishing, and Forestry
1.1.2 Construction
1.1.3 Manufacturing
1.1.4 Oil and Gas, Mining and Quarrying
1.1.5 Wholesale and Retail Trade
1.1.6 Others
1.2 Country
1.2.1 France
1.2.2 Germany
1.2.3 Italy
1.2.4 Netherlands
1.2.5 Nordics
1.2.6 Russia
1.2.7 Spain
1.2.8 United Kingdom
1.2.9 Rest of Europe
Europe Cross Border Road Freight Transport Market Size FAQs
How big is the Europe Cross Border Road Freight Transport Market?
The Europe Cross Border Road Freight Transport Market size is expected to reach USD 176.74 billion in 2024 and grow at a CAGR of 3.82% to reach USD 221.30 billion by 2030.
What is the current Europe Cross Border Road Freight Transport Market size?
In 2024, the Europe Cross Border Road Freight Transport Market size is expected to reach USD 176.74 billion.
Europe Cross Border Road Freight Transport Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030
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