Argentina Road Freight Transport Market Growth, Size, Trends, Share, Revenue and Future Outlook
Argentina Road Freight Transport Market Size- By Destination, By End User Industry- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jul-2024 | Report ID: AMIN24157 | Pages: 1 - 105 | Formats*: |
| Category : Automotive & Transportation | |||
Argentina Road Freight Transport Market Introduction and Overview
According to SPER Market Research, the Argentina Road Freight Transport Market is estimated to reach USD 130.86 billion by 2033 with a CAGR 8.25%.
The report includes an in-depth analysis of the Argentina Road Freight Transport Market, including market size and trends, product mix, distribution channels, and supplier analysis. Road freight is the movement of goods via motor vehicles across a network of roads from one location (a loading and unloading point) to another. Products are transported commercially by logistics firms or forwarders via commercial road freight transit. Therefore, internal transfers carried out by the organisations themselves are not considered commercial goods transit, such as transfers between different company sites related to internal manufacturing operations.
- September 2023: DHL Express began shipping operations from Miami to Argentina this week, marking a key step in the company's cargo-hauling expansion from South Florida into Latin America. The company's strategic move is intended to improve efficiency and cut delivery times between the two locations.
- September 2023: DHL Express launches six weekly freighter flights between Miami International Airport (MIA) and Buenos Aires' Ezeiza International Airport (EZE). These flights, operated by DHL Aero Expreso from Panama, use a B767-300 freighter with a remarkable 52-ton capacity every flight. The service includes a stopover in Santiago, Chile (SCL) before returning to the United States.
Market Opportunities and Challenges
Opportunities:
- Trade Liberalisation: Argentina's attempts to liberalise trade and lower barriers have boosted international corporate collaboration and foreign investment. This has had a favourable impact on the road freight transportation business, opening up new opportunities for expansion.
- Good Government Policies: The government's initiatives, like tax breaks, streamlined customs processes, and infrastructure spending, have drawn in both domestic and foreign investors to the goods and logistics industry. Robust Agricultural Sector: Argentina is well-known for its agricultural products, which make up a sizeable portion of the nation's exports. The road freight logistics sector has grown as a result of the need for effective logistics services to convey agricultural commodities.
Challenges:
- Infrastructure issues: Inadequate transport infrastructure, particularly in isolated locations, presents issues for Argentina notwithstanding continuous initiatives to expand infrastructure. The efficiency of logistics operations can be impacted by the inability to transfer products smoothly due to limited road connectivity and traffic in large cities.
- Regulatory Complexities: Customs procedures, documentation requirements, and licencing processes are only a few of the complicated rules that affect Argentina's road freight transport. It can be expensive and time-consuming to comply with these laws, which presents a problem for logistics service providers. Economic Uncertainties: The Road freight transport market may be impacted by Argentina's economy, which has seen periods of inflation and volatility. The cost of logistics services and the general business climate can be impacted by changes in government regulations and fluctuations in currency exchange rates.
Market Competitive Landscape
The Argentina road goods transport market is highly fragmented due to the existence of multiple local competitors, including Logistica Urbana S.A, Tasa Logistica, Andreani Logistica S.A, Organizaicon Coordinadora Argentina S.R.L, DHL, Rivas, Americana, Clover Logistics, Sea Side, Servicargo Internacional, Transfarmaco S.A and several foreign corporations.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Destination, By End-User Industry |
| Regions covered | Buenos Aires Region, Litoral Region, Northern Region, Cordoba Region, Cuyo Region, Patagonia Region |
| Companies Covered | Logistica Urbana S.A, Tasa Logistica, Andreani Logistica S.A, Organizaicon Coordinadora Argentina S.R.L, DHL, Rivas, Americana, Clover Logistics, Sea Side, Servicargo Internacional, Transfarmaco S.A. |
COVID-19 Impact on Argentina Road Freight Transport Market
The COVID-19 pandemic has had a severe influence on Argentina's goods transportation business. The early lockdowns and limitations impacted global supply lines, resulting in a drop in trade volume. However, the industry quickly adjusted to the new normal, introducing safety measures, digitising processes, and dealing with the increase in e-commerce demand. The pandemic has expedited the use of technology in the logistics industry, emphasising the requirement of strong supply chain resilience.
Key Target Audience:
- Manufacturers and Distributors
- Logistics and Supply Chain Managers
- Retailers and E-commerce Businesses
- Agricultural Producers
- Importers and Exporters
- Freight Forwarders and Third-Party Logistics Providers (3PLs)
- Construction Companies
- Automotive Industry
- Public and Private Sector Entities
Our in-depth analysis of the Argentina Road Freight Transport Market includes the following segments:
| By Destination: |
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| By End User Industry: |
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Key Topics Covered in the Report:
- Argentina Road Freight Transport Market Size (FY’2024-FY’2033)
- Overview of Argentina Road Freight Transport Market
- Segmentation of Argentina Road Freight Transport Market By Destination (Domestic, Cross Border/ International)
- Segmentation of Argentina Road Freight Transport Market By End User Industry (Manufacturing, Food and Beverages, Automotive, Healthcare, Distributive Trade, Others)
- Statistical Snap of Argentina Road Freight Transport Market
- Expansion Analysis of Argentina Road Freight Transport Market
- Problems and Obstacles in Argentina Road Freight Transport Market
- Competitive Landscape in the Argentina Road Freight Transport Market
- Impact of COVID-19 and Demonetization on Argentina Road Freight Transport Market
- Details on Current Investment in Argentina Road Freight Transport Market
- Competitive Analysis of Argentina Road Freight Transport Market
- Prominent Players in the Argentina Road Freight Transport Market
- SWOT Analysis of Argentina Road Freight Transport Market
- Argentina Road Freight Transport Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Argentina Road Freight Transport Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Argentina Road Freight Transport Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Argentina Road Freight Transport Market
7. Argentina Road Freight Transport Market, By Destination (USD Million) 2020-2033
7.1. Argentina Road Freight Transport Market Size, Share and Forecast, By Destination, 2020-20267.2. Argentina Road Freight Transport Market Size, Share and Forecast, By Destination, 2027-20337.3. Domestic7.4. Cross Border/ International
8. Argentina Road Freight Transport Market, By End User Industry (USD Million) 2020-2033
8.1. Argentina Road Freight Transport Market Size, Share and Forecast, By End User Industry, 2020-20268.2. Argentina Road Freight Transport Market Size, Share and Forecast, By End User Industry, 2027-20338.3. Manufacturing8.4. Food and Beverages8.5. Automotive8.6. Healthcare8.7. Distributive Trade (wholesale and retail trade)8.8. Others (Chemical products, fertilizers, Rubber and plastic products etc)
9. Argentina Road Freight Transport Market Forecast, 2020-2033 (USD Million)
9.1. Argentina Road Freight Transport Market Size and Market Share
10. Argentina Road Freight Transport Market, By Region, 2020-2033 (USD Million)
10.1. Argentina Road Freight Transport Market Size and Market Share By Region (2020-2026)10.2. Argentina Road Freight Transport Market Size and Market Share By Region (2027-2033)10.3. Buenos Aires Region10.4. Litoral Region10.5. Northern Region10.6. Cordoba Region10.7. Cuyo Region10.8. Patagonia Region
11. Company Profile
11.1. Logistica Urbana S.A11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments11.2. Tasa Logistica11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments11.3. Andreani Logistica S.A11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments11.4. Organizaicon Coordinadora Argentina S.R.L11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments11.5. Rivas11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments11.6. Americana11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments11.7. Sea Side11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments11.8. Servicargo Internacional11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments11.9. Clover Logistics11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments11.10. Transfarmaco S.A11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments11.11. DHL11.11.1. Company details11.11.2. Financial outlook11.11.3. Product summary11.11.4. Recent developments11.12. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Argentina Road Freight Transport Market is projected to reach USD 130.86 billion by 2033, growing at a CAGR of 8.25% during the forecast period.
Argentina Road Freight Transport Market grew in market size from 2024. The Market is expected to reach 130.86 billion by 2033, at a CAGR of 8.25% during the forecast period.
Argentina Road Freight Transport Market CAGR of 8.25% during the forecast period.
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Argentina Road Freight Transport Market size is USD 130.86 billion from 2024 to 2033.
Argentina Road Freight Transport Market Segment is Covered By Destination, By End-User Industry.
The Central and South America region is anticipated to have the highest market share in Argentina Road Freight Transport Market.
The key players in the market include Companies Covered Logistica Urbana S.A, Tasa Logistica, Andreani Logistica S.A, Organizaicon Coordinadora Argentina S.R.L, DHL, Rivas, Americana, Clover Logistics, Sea Side, Servicargo Internacional, Transfarmaco S.A.
Argentina's attempts to liberalise trade and lower barriers have boosted international corporate collaboration and foreign investment. This has had a favourable impact on the road freight transportation business, opening up new opportunities for expansion.
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