United Kingdom Road Freight Transport Market Trends, Share, Size, Demand and Future Outlook
UK Road Freight Transport Market Growth, Size, Trends Analysis- By Product Type, By Temperature Control, By Distance, By Containerization, By Truckload Specifications, By Destination, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2024 | Report ID: AMIN2455 | Pages: 1 - 106 | Formats*: |
| Category : Automotive & Transportation | |||
United Kingdom Road Freight Transport Market Introduction and Overview
According to SPER Market Research, the United Kingdom Road Freight Transport Market is estimated to reach USD 92.78 Billion by 2033 with a CAGR of 3.1%.
The report includes an in-depth analysis of the United Kingdom Road Freight Transport Market, including market size and trends, product mix, applications, and supplier analysis. The term "road freight transport" describes the movement of commodities and goods by road utilising trucks or other comparable vehicles. It entails moving merchandise, frequently across great distances, from one place to another. Road freight transit makes it possible for items to be delivered to their intended destinations quickly and efficiently, which makes it a crucial part of supply chain management.
- May 2022: FedEx, Aurora, and Paccar worked together in September 2021 to test autonomous linehaul technology. After this partnership, Aurora and FedEx expanded the autonomous freight experiment in Texas in May 2022.
- May 2022: Maersk has successfully acquired Pilot Freight Services, a US-based provider of cross-border supply chain solutions in Canada and Mexico, for both domestic and international markets.
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Market Opportunities and Challenges
The demand for road freight transport in the United Kingdom has grown dramatically due to the exponential rise of e-commerce activities like online shopping. Businesses are looking for dependable and adaptable logistics solutions to match customer expectations for the transportation of goods. Aggressive road goods transport services are also required due to shifts in customer purchasing behaviour, including a preference for internet shopping and doorstep deliveries. During the projection period, this is anticipated to raise the market value of road freight transport in the United Kingdom. Additionally, the continuous development of infrastructure, such as the expansion and improvement of the road network, boosts the effectiveness and accessibility of road freight transport, which has a favourable effect on the growth of the road freight transport market in the United Kingdom. Moreover, collaboration in logistics can result in increased productivity and cost savings between various supply chain participants, including retailers, manufacturers, and logistics companies. To take advantage of these opportunities, road freight transport businesses can consider joint ventures and collaborations.
However, the road freight transport industry in the United Kingdom is confronted with various obstacles. Road congestion slows down operations and lengthens delivery times, especially in cities and along important transit routes. Labour expenses and recruitment challenges are made worse by a continuous lack of skilled drivers. Operations become more difficult and expensive as a result of regulatory compliance, which includes road safety and environmental norms. The volatility of fuel prices affects road freight businesses' profitability and operating costs. Furthermore, the ambiguity surrounding Brexit poses difficulties with regard to customs laws, trade laws, and border controls, which have an impact on cross-border business activities. To tackle these obstacles, one must engage in strategic planning, allocate resources for infrastructure, and adjust to changing regulatory environments.
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Market Competitive Landscape
The major key players in the United Kingdom Road Freight Transport Market are: A.P. Moller - Maersk, CEVA Logistics SA, Deutsche Post AG, DTDC Express Limited, FedEx Corp., JJX Logistics, Pack & Send UK Limited, Parcel Monkey Ltd., Royal Mail Group Ltd, SpeedLink Transport Limited, Others. In order to maintain their competitive edge, industry leaders are boosting their investments in digital technologies and bolstering their brand through partnerships and acquisitions.
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 Product Type, By Temperature Control, By Distance, By Containerization, By Truckload Specifications, By Destination, By End User |
| Regions covered | Central Region, East Region, North Region, South Region, West Region |
| Companies Covered | A.P. Moller - Maersk, CEVA Logistics SA, Deutsche Post AG, DTDC Express Limited, FedEx Corp., JJX Logistics, Pack & Send UK Limited, Parcel Monkey Ltd., Royal Mail Group Ltd, SpeedLink Transport Limited, Others |
COVID-19 Impact on United Kingdom Road Freight Transport Market
The road goods transport market in the United Kingdom was severely impacted by the Covid-19 epidemic. Demand fluctuated as a result of lockdown procedures and restrictions, and industries including manufacturing and retail saw a decline in activity. International transport routes were impacted by supply chain interruptions and border restrictions, which had an effect on cross-border trade. Furthermore, goods companies faced operating obstacles as a result of health and safety procedures, which included social distancing measures and hygiene requirements. Recovery efforts are under way as economic activity progressively picks up again, but questions about future demand trends and regulatory changes linger.
Key Target Audience
- Agriculture sector
- Construction firms
- E-commerce platforms
- Freight forwarders
- Government agencies involved in transportation regulation
- Importers and exporters
- Logistics companies
- Manufacturing companies
- Producers and suppliers
- Retailers, Wholesalers, Distributors
- Others
Our in-depth analysis of the United Kingdom Road Freight Transport Market includes the following segments:
| By Product Type: | |
| By Temperature Control: | |
| By Distance: | |
| By Containerization: | |
| By Truckload Specifications: | |
| By Destination: |
Key Topics Covered in the Report
- United Kingdom Road Freight Transport Market Size (FY’2023-FY’2033)
- Overview of United Kingdom Road Freight Transport Market
- Segmentation of United Kingdom Road Freight Transport Market By Product Type (Liquid Goods, Solid Goods)
- Segmentation of United Kingdom Road Freight Transport Market By Temperature Control (Controlled, Non-Controlled)
- Segmentation of United Kingdom Road Freight Transport Market By Distance (Long Haul, Short Haul)
- Segmentation of United Kingdom Road Freight Transport Market By Containerization (Containerized, Non-Containerized)
- Segmentation of United Kingdom Road Freight Transport Market By Truckload Specifications (Truckload, Less than Truckload)
- Segmentation of United Kingdom Road Freight Transport Market By Destination (Domestic, International)
- Segmentation of United Kingdom Road Freight Transport Market By End User (Agriculture, Fishing and Forestry, Construction, Manufacturing, Oil And Gas, Mining and Quarrying, Wholesale And Retail Trade, Others)
- Statistical Snap of United Kingdom Road Freight Transport Market
- Expansion Analysis of United Kingdom Road Freight Transport Market
- Problems and Obstacles in United Kingdom Road Freight Transport Market
- Competitive Landscape in the United Kingdom Road Freight Transport Market
- Impact of COVID-19 and Demonetization on United Kingdom Road Freight Transport Market
- Details on Current Investment in United Kingdom Road Freight Transport Market
- Competitive Analysis of United Kingdom Road Freight Transport Market
- Prominent Players in the United Kingdom Road Freight Transport Market
- SWOT Analysis of United Kingdom Road Freight Transport Market
- United Kingdom Road Freight Transport Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the United Kingdom Road Freight Transport Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United Kingdom Road Freight Transport Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United Kingdom Road Freight Transport Market
7. United Kingdom Road Freight Transport Market, By Product Type (USD Million)
7.1. United Kingdom Road Freight Transport Market Value Share and Forecast, By Product Type, 2024-20337.2. Liquid Goods7.3. Solid Goods
8. United Kingdom Road Freight Transport Market, By Temperature Control (USD Million)
8.1. United Kingdom Road Freight Transport Market Value Share and Forecast, By Temperature Control, 2024-20338.2. Controlled8.3. Non-Controlled
9. United Kingdom Road Freight Transport Market, By Distance (USD Million)
9.1. United Kingdom Road Freight Transport Market Value Share and Forecast, By Distance, 2024-20339.2. Long Haul9.3. Short Haul
10. United Kingdom Road Freight Transport Market, By Containerization (USD Million)
10.1. United Kingdom Road Freight Transport Market Value Share and Forecast, By Containerization, 2024-203310.2. Containerized10.3. Non-Containerized
11. United Kingdom Road Freight Transport Market, By Truckload Specifications (USD Million)
11.1. United Kingdom Road Freight Transport Market Value Share and Forecast, By Truckload Specifications, 2024-203311.2. Full Truckload11.3. Less than Truckload
12. United Kingdom Road Freight Transport Market, By Destination (USD Million)
12.1. United Kingdom Road Freight Transport Market Value Share and Forecast, By Destination, 2024-203312.2. Domestic12.3. International
13. United Kingdom Road Freight Transport Market, By End User (USD Million)
13.1. United Kingdom Road Freight Transport Market Value Share and Forecast, By End User, 2024-203313.2. Agriculture, Fishing and Forestry13.3. Construction13.4. Manufacturing13.5. Oil And Gas, Mining and Quarrying13.6. Wholesale And Retail Trade13.7. Others
14. United Kingdom Road Freight Transport Market Forecast, 2020-2033 (USD Million)
14.1. United Kingdom Road Freight Transport Market Size and Market Share
15. United Kingdom Road Freight Transport Market, By Product Type, 2020-2033 (USD Million)
15.1. United Kingdom Road Freight Transport Market Size and Market Share By Product Type (2020-2026)15.2. United Kingdom Road Freight Transport Market Size and Market Share By Product Type (2027-2033)
16. United Kingdom Road Freight Transport Market, By Temperature Control, 2020-2033 (USD Million)
16.1. United Kingdom Road Freight Transport Market Size and Market Share By Temperature Control (2020-2026)16.2. United Kingdom Road Freight Transport Market Size and Market Share By Temperature Control (2027-2033)
17. United Kingdom Road Freight Transport Market, By Distance, 2020-2033 (USD Million)
17.1. United Kingdom Road Freight Transport Market Size and Market Share By Distance (2020-2026)17.2. United Kingdom Road Freight Transport Market Size and Market Share By Distance (2027-2033)
18. United Kingdom Road Freight Transport Market, By Containerization, 2020-2033 (USD Million)
18.1. United Kingdom Road Freight Transport Market Size and Market Share By Containerization (2020-2026)18.2. United Kingdom Road Freight Transport Market Size and Market Share By Containerization (2027-2033)
19. United Kingdom Road Freight Transport Market, By Truckload Specifications, 2020-2033 (USD Million)
19.1. United Kingdom Road Freight Transport Market Size and Market Share By Truckload Specifications (2020-2026)19.2. United Kingdom Road Freight Transport Market Size and Market Share By Truckload Specifications (2027-2033)
20. United Kingdom Road Freight Transport Market, By Destination, 2020-2033 (USD Million)
20.1. United Kingdom Road Freight Transport Market Size and Market Share By Destination (2020-2026)20.2. United Kingdom Road Freight Transport Market Size and Market Share By Destination (2027-2033)
21. United Kingdom Road Freight Transport Market, By End User, 2020-2033 (USD Million)
21.1. United Kingdom Road Freight Transport Market Size and Market Share By End User (2020-2026)21.2. United Kingdom Road Freight Transport Market Size and Market Share By End User (2027-2033)
22. United Kingdom Road Freight Transport Market, By Region, 2020-2033 (USD Million)
22.1. United Kingdom Road Freight Transport Market Size and Market Share By Region (2020-2026)22.2. United Kingdom Road Freight Transport Market Size and Market Share By Region (2027-2033)22.3. Central Region22.4. East Region22.5. North Region22.6. South Region22.7. West Region
23. Company Profile
23.1. A.P. Moller – Maersk
23.1.1. Company details23.1.2. Financial outlook23.1.3. Product summary23.1.4. Recent developments
23.2. CEVA Logistics SA
23.2.1. Company details23.2.2. Financial outlook23.2.3. Product summary23.2.4. Recent developments
23.3. Deutsche Post AG
23.3.1. Company details23.3.2. Financial outlook23.3.3. Product summary23.3.4. Recent developments
23.4. DTDC Express Limited
23.4.1. Company details23.4.2. Financial outlook23.4.3. Product summary23.4.4. Recent developments
23.5. FedEx Corp.
23.5.1. Company details23.5.2. Financial outlook23.5.3. Product summary23.5.4. Recent developments
23.6. JJX Logistics
23.6.1. Company details23.6.2. Financial outlook23.6.3. Product summary23.6.4. Recent developments
23.7. Pack & Send UK Limited
23.7.1. Company details23.7.2. Financial outlook23.7.3. Product summary23.7.4. Recent developments
23.8. Parcel Monkey Ltd.
23.8.1. Company details23.8.2. Financial outlook23.8.3. Product summary23.8.4. Recent developments
23.9. Royal Mail Group Ltd
23.9.1. Company details23.9.2. Financial outlook23.9.3. Product summary23.9.4. Recent developments
23.10. SpeedLink Transport Limited
23.10.1. Company details23.10.2. Financial outlook23.10.3. Product summary23.10.4. Recent developments
23.11. Others
24. List of Abbreviations
25. Reference Links
26. Conclusion
27. Research Scope
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
United Kingdom Road Freight Transport Market is projected to reach USD 92.78 billion by 2033, growing at a CAGR of 3.1% during the forecast period.
United Kingdom Road Freight Transport Market grew in Market size from 2022. The Market is expected to reach USD 92.78 billion by 2033, at a CAGR of 3.1% during the forecast period.
United Kingdom Road Freight Transport Market CAGR of 3.1% during the forecast period.
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United Kingdom Road Freight Transport Market size is USD 92.78 billion from 2023 to 2033.
United Kingdom Road Freight Transport Market Segment is covered By Type, By Source.
The Europe is anticipated to have the highest Market share in the United Kingdom Road Freight Transport Market.
The key players in the Market include Companies Covered A.P. Moller - Maersk, CEVA Logistics SA, Deutsche Post AG, DTDC Express Limited.
The term "road freight transport" describes the movement of commodities and goods by road utilising trucks or other comparable vehicles.
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