Asia Pacific On-demand Trucking Market Size & Outlook
The on-demand trucking market in Asia Pacific is expected to reach a projected revenue of US$ 237,223.7 million by 2030. A compound annual growth rate of 18.6% is expected of Asia Pacific on-demand trucking market from 2024 to 2030.
Revenue, 2023 (US$M)
$72,073.4
Forecast, 2030 (US$M)
$237,223.7
CAGR, 2024 - 2030
18.6%
Report Coverage
Asia Pacific
Asia Pacific on-demand trucking market, 2018-2030 (US$M)
Asia Pacific on-demand trucking market highlights
- The Asia Pacific on-demand trucking market generated a revenue of USD 72,073.4 million in 2023.
- The market is expected to grow at a CAGR of 18.6% from 2024 to 2030.
- In terms of segment, contractual was the largest revenue generating service in 2023.
- Contractual is the most lucrative service segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 72,073.4 million |
| Market revenue in 2030 | USD 237,223.7 million |
| Growth rate | 18.6% (CAGR from 2023 to 2030) |
| Largest segment | Contractual |
| Fastest growing segment | Contractual |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Contractual |
| Key market players worldwide | Cargomatic, Dropoff, Freight Technologies Inc, J.B. Hunt Transport, Loadsmart, NEXT Trucking, OnTruck, Transfix, Uber Freight, uShip, Blackbuck |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 41.1% of the global on-demand trucking market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 237,223.7 million by 2030.
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On-Demand Trucking Market Scope
On-demand trucking market segmentation & scope
Delivery Type
First Mile and Last Mile Delivery
Same-day Delivery
Freight Type
Full Truck Load (FTL)
Less Than Truck Load (LTL)
Intermodal
Vehicle Type
Medium-duty Trucks
Light-duty Trucks
Heavy-duty Trucks
Location
Urban
Regional
Long Haul
Industry Vertical
Manufacturing
Retail and E-commerce
Healthcare
Food and Beverage
Automotive
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
South Korea
Australia
Brazil
Argentina
UAE
South Africa
Saudi Arabia
On-Demand Trucking Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific on-demand trucking market
Related regional statistics
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