Freight Transport Market Report 2023 | Insights, Analysis, And Forecast 2032

Market Size, Trends and Global

Forecast 2023-2032

Freight Transport Market Definition

Freight transportation is the process of moving assorted items from one location to another utilizing a number of different means of transportation. The movement of freight from a place of origin to a destination can be accomplished via a variety of methods.

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Freight Transport Market Characteristics:

The global freight transport market size is expected to grow from $28.20 billion in 2022 to $31.82 billion in 2023 at a compound annual growth rate (CAGR) of 12.8%. The global freight transport market size is expected to reach $49.06 billion in 2027 at a CAGR of 11.4%.

Key Market Drivers And Trends

Drivers Trends

The growing e-commerce industry is expected to boost the freight transport market.

Technological innovation is a key trend in gaining popularity in the freight transport market.

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Freight Transport Global Market Segments:

The report covers the freight transport market’s segments-

Major companies in the market include

CEVA Logistics

CJ Logistics Corporation

Nippon Express Holdings

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