Road Transport Logistics Market Expected to Reach $6865.9 Billion by 2034

According to a new report published by Allied Market Research, titled, “Road Transport Logistics Market,by Vehicle Type (Light Commercial Vehicles, Medium Commercial Vehicles, Heavy Commercial Vehicles), by End User (Agriculture, Fishing and Forestry, Manufacturing, Oil and Gas, Wholesale and Retail Trade, Others), by Service Type (Express and Pracel Services, Freight Forwading, Third-Party Logistics), by Destination (Domestic, International)" The road transport logistics market size was valued at $4.1 trillion in 2024, and is estimated to reach $6865.9 billion by 2034, growing at a CAGR of 5.7% from 2025 to 2034.

The road transport logistics industry is undergoing significant transformation driven by rise of e-commerce, which has increased the demand for fast and reliable last-mile delivery services. As consumer expectations for quicker deliveries grow, logistics providers are investing in optimized delivery routes, urban distribution centers, and micro fulfillment hubs to meet rising demands. For instance, in November 2023, Shipyaari, a SaaS-based logistics solutions provider, has partnered with India Post to enhance last-mile delivery efficiency, aiming to strengthen India’s ecommerce ecosystem through improved road transport logistics industry connectivity across urban and rural areas. Moreover, the adoption of electric and sustainable vehicles is transforming transportation with cleaner, more efficient mobility solutions. With environmental concerns and stricter emissions regulations, logistics companies are integrating electric trucks and hydrogen-powered vehicles into their fleets, reducing carbon footprints and operational costs.

Furthermore, digitalization and real-time tracking solutions are also reshaping the industry. Advanced technologies such as IoT, AI, and blockchain are improving supply chain visibility, enabling better inventory management, predictive maintenance, and real-time delivery updates. This improves operational efficiency and enhances customer satisfaction. For instance, in June 2024, Nippon Express Holdings entered a strategic partnership with Controlant to enhance real-time monitoring in pharmaceutical logistics. By integrating Controlant’s FDA-compliant, GxP-validated IoT solutions, the partnership aims to improve temperature and location tracking during transport, enabling timely interventions and automated product release. Moreover, autonomous and connected vehicle technologies are gaining momentum, especially in long-haul transport, offering the potential to reduce human error, improve safety, and address labor shortages.

In addition, cross-border logistics and trade agreements are creating new growth opportunities. Free trade policies, along with infrastructure developments like improved highways and integrated logistics parks, are facilitating smoother international road freight movement. For instance, in September 2024, Delhivery formed a strategic partnership with Team Global Logistics to strengthen its cross-border logistics capabilities, aiming to expand its Less than Container Load (LCL) service to over 120 countries. This collaboration enhances Delhivery’s global reach while supporting seamless road transport connectivity for first- and last-mile delivery, reinforcing its position in integrated cross-border global road transport logistics market. Furthermore, the growing need for cold chain logistics and temperature sensitive transportation for pharmaceuticals and food products is expanding specialized transport services.

By destination, the international segment attained the highest market share in 2024. This is primarily due to the growing demand for goods movement within national borders. The rise in e-commerce, retail distribution, and local manufacturing activities significantly boosted the need for efficient domestic logistics solutions. Road transport remains the most accessible and flexible option for short- to medium-distance deliveries, especially in urban and semi-urban areas. Strong infrastructure development, improved road connectivity, and the increasing use of light and heavy commercial vehicles supported the segment’s growth.

By end user, the wholesale and retail trade segment attained the highest market share in 2023. This is primarily due to the continuous flow of goods between suppliers, warehouses, distribution centers, and retail outlets. The rapid growth of e-commerce and increase in consumer demand for fast and reliable delivery services further fueled the need for efficient road logistics in this sector. Retailers rely heavily on road transport for last-mile deliveries and inventory restocking, making it a vital part of their supply chain. Expanding urban markets and the shift toward omnichannel retail strategies strengthened logistics demand in this segment, driving the need for faster delivery networks and improved last-mile connectivity

Region wise, Asia-Pacific attained the highest market share in 2024 and emerged as the leading region in the road transport logistics market analysis. This is due to strong economic growth, expanding industrial activity, and rising consumer demand. Countries like China, India, and those in Southeast Asia experienced a surge in manufacturing and trade leading to greater reliance on road transport for efficient goods movement. The region also witnessed rapid urbanization and infrastructure development, including new highways and logistics parks, which supported smoother transportation. The growth of e-commerce and government initiatives to improve connectivity further boosted logistics operations, thus solidifying Asia-Pacific's leadership in the road transport logistics market forecast.

Key Findings of the Study

• On the basis of vehicle type, the light commercial vehicles segment held the largest share in the road transport logistics market size in 2024.
• By end user, the wholesale and retail trade segment was the major shareholder in the road transport logistics market share in 2024.
• By service type, the freight forwading dominated the global road transport logistics market, in terms of share, in 2024.
• By destination, the domestics dominated the market, in terms of share, in 2024.
• Region wise, Asia-Pacific held the largest market share in 2023.

The key players operating in the global logistics market include DHL Group, United Parcel Service of America, Inc., FedEx, Kuehne+Nagel, DSV, CEVA Logistics, DB Schenker, C.H. Robinson Worldwide, Inc., GEODIS SA and J.B. Hunt Transport Services.  They have adopted strategies such as contracts, agreements, acquisition, and product launch to improve their market positioning.