ASEAN Cross Border Road Freight Transport Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028

The ASEAN Cross Border Road Freight Transport Market is segmented by End User ( Agriculture, Fishing And Forestry, Construction, Manufacturing, Oil And Gas, Mining And Quarrying, Wholesale And Retail Trade, Others ) and by Country ( Indonesia, Malaysia, Thailand, Vietnam )

INSTANT ACCESS

Home right-chevron-icon Market Analysis right-chevron-icon Logistics Research right-chevron-icon Freight Transport Research right-chevron-icon Road Transport Research right-chevron-icon Cross Border Transport Research right-chevron-icon ASEAN Cross Border Road Freight Transport Market

ASEAN Cross Border Road Freight Transport Market Size

ASEAN Cross Border Road Freight Transport Market
share button
https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2016 - 2028
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Base Year For Estimation 2021
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR 5.10 %
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End User Manufacturing
https://s3.mordorlabs.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country Indonesia
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Concentration High

Major Players
major-player-company-image major-player-company-image major-player-company-image major-player-company-image

*Disclaimer: Major Players sorted in no particular order

Key Players

WHY BUY FROM US?
1. CRISP & INSIGHTFUL
2. TRUE BOTTOM-UP
3. EXHAUSTIVENESS
4. TRANSPARENCY
5. CONVENIENCE
KNOW MORE

ASEAN Cross Border Road Freight Transport Market Analysis

The ASEAN Cross Border Road Freight Transport Market is projected to register a CAGR of 5.10%

  • Fastest Growing Segment by End User - Construction : The construction sector has been growing at the fastest rate, as this sector is prominent in Asia-Pacific's growth and accounts for 5% of the region's GDP.
  • Largest Segment by End User - Manufacturing : The manufacturing end-user segment is the largest segment in ASEAN region, as it includes a variety of industries stimulating the market's growth. The sector contributed around 7% to GDP of the economies of countries in the region.
  • Fastest Growing Segment by Country - Vietnam : Vietnam is the fastest-growing economy in the market, supported by rising SMEs and small businesses fueling the cross-border market.
  • Largest Segment by Country - Indonesia : Indonesia is the largest country in the Asia-Pacific market owing to its higher contribution in terms of GDP in the region.

ASEAN Cross Border Road Freight Transport Market Trends

This section covers the major market trends shaping the ASEAN Cross Border Road Freight Transport Market according to our research experts:

Manufacturing is the largest segment by End User.

  • During the historical period (2016-2021), the ASEAN cross-border road freight market registered a CAGR of 2.78%, with the construction segment registering the highest CAGR of 3.15%, followed by the other end users segment (2.92%). Due to the resumption of public construction projects, the construction sector in ASEAN countries witnessed growth in 2021. The Philippines' and Singapore's construction sectors experienced a growth of 16.8% and 66%, respectively, in the third quarter of 2021. Strong growth was experienced in both the public and private sectors advanced after the slow resumption of construction activities after pandemic restrictions.
  • Similarly, the other end users segment also experienced growth as Vietnam's drug imports increased by 21% YoY in 2021, while imported raw materials for domestic drug production increased by only 3% in the same period. Furthermore, the total pharmaceutical revenue in Vietnam increased by 7% in the first quarter of 2022 over the same period last year, with the revenue from the pharmacy channel increasing by 23% YoY and revenue from the hospital channel decreasing by 5% YoY. In addition, despite the country's COVID-19 predicament, the pharmaceutical sector in Thailand grew by 2.5% in 2021.
  • During the forecast period, the ASEAN cross-border road freight is expected to witness growth, with the construction segment and the other end users segment estimated to experience the highest CAGR. The construction sector in the ASEAN region is anticipated to grow between 2023 to 2028, with an increase in contracts worth billions of dollars. Furthermore, Singapore is being used by foreign investors as a platform to enter the rapidly growing ASEAN healthcare industries. In addition, the healthcare market in Singapore is anticipated to reach USD 49.4 billion by 2029.
ASEAN Cross Border Road Freight Transport Market

Indonesia is the largest segment by Country.

  • During the historical period (2016-2021), the ASEAN cross-border road freight market registered a CAGR of 2.78%, with Vietnam registering the highest CAGR of 4.22%, followed by Malaysia (4.01%). In Southeast Asia and Vietnam, cross-border shopping is booming, creating new market opportunities for local companies and enabling consumers to access a wide variety of goods. Vietnam currently holds 15% of Southeast Asia's overall internet retail market, second only to Thailand (16%) and equal to the Philippines (15%).
  • Cross-border business opportunities are visible at shipping companies such as Ninja Van. Especially throughout the last 12 months, the company has delivered 2 million orders daily in the ASEAN region, with a coverage density of 100%. Cross-border e-commerce is expanding, giving firms the drive to operate globally and across numerous nations. As a result, top transportation companies are pushing hard to prepare for the region's cross-border economic operations.
  • Implementing the ASEAN Customs Transit System (ACTS) has been one of the most significant developments in the road freight sector in the last year. The ASEAN community's aims of doubling intra-ASEAN trade between 2017 and 2025 and cutting trade transaction costs by 10% in three years from 2017 were considered when the ACTS was developed and launched in 2020 in Cambodia, Laos, Malaysia, Singapore, Thailand, and Vietnam. Furthermore, the ACTS is expected to strengthen cross-border road freight in ASEAN during the forecast period.
ASEAN Cross Border Road Freight Transport Market

ASEAN Cross Border Road Freight Transport Industry Overview

The ASEAN Cross Border Road Freight Transport Market is fragmented, with the top five companies occupying 1.35%. The major players in this market are DB Schenker, Deutsche Post DHL Group, Kerry Logistics Network Limited, Tiong Nam Logistics and Yamato Transport (sorted alphabetically).

ASEAN Cross Border Road Freight Transport Market Leaders

  1. DB Schenker

  2. Deutsche Post DHL Group

  3. Kerry Logistics Network Limited

  4. Tiong Nam Logistics

  5. Yamato Transport

*Disclaimer: Major Players sorted in no particular order

ASEAN Cross Border Road Freight Transport Market
bookmark Need More Details on Market Players and Competitors?
Download PDF

ASEAN Cross Border Road Freight Transport Market News

  • March 2022: DHL Express and Cargojet Inc. announced that they have entered into a new long-term agreement.
  • March 2022: MOL Logistics Group announced its plans to use Euglena's renewable diesel fuel, SUSTEO, in trucks for pickup and delivery of import and export through air and ocean cargoes.
  • December 2021: Deutsche Post DHL Group is introducing a global DHL Green Carrier Certification to reward road transport subcontractors for their efforts to become more sustainable.

ASEAN Cross Border Road Freight Transport Market Report - Table of Contents

  1. 1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. 2. REPORT OFFERS

  3. 3. INTRODUCTION

    1. 3.1. Study Assumptions & Market Definition

    2. 3.2. Scope of the Study​

    3. 3.3. Research Methodology

  4. 4. KEY INDUSTRY TRENDS

    1. 4.1. GDP Distribution By Economic Activity

    2. 4.2. GDP Growth By Economic Activity

    3. 4.3. Wholesale Price Inflation

    4. 4.4. Economic Performance And Profile

    5. 4.5. Transport And Storage Sector GDP

    6. 4.6. Logistics Performance

    7. 4.7. Modal Share Of Freight Transport Sector

    8. 4.8. Length Of Roads

    9. 4.9. Export Trends

    10. 4.10. Import Trends

    11. 4.11. Fuel Pricing Trends

    12. 4.12. Trucking Operational Costs

    13. 4.13. Trucking Fleet Size By Type

    14. 4.14. Major Truck Suppliers

    15. 4.15. Road Freight Tonnage Trends

    16. 4.16. Road Freight Pricing Trends

    17. 4.17. Regulatory Framework

    18. 4.18. Value Chain & Distribution Channel Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1. End User

      1. 5.1.1. Agriculture, Fishing And Forestry

      2. 5.1.2. Construction

      3. 5.1.3. Manufacturing

      4. 5.1.4. Oil And Gas, Mining And Quarrying

      5. 5.1.5. Wholesale And Retail Trade

      6. 5.1.6. Others

    2. 5.2. Country

      1. 5.2.1. Indonesia

      2. 5.2.2. Malaysia

      3. 5.2.3. Thailand

      4. 5.2.4. Vietnam

      5. 5.2.5. Rest Of ASEAN

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1. Key Strategic Moves

    2. 6.2. Market Share Analysis

    3. 6.3. Company Landscape

    4. 6.4. Company Profiles

      1. 6.4.1. DB Schenker

      2. 6.4.2. Deutsche Post DHL Group

      3. 6.4.3. Gemadept Logistics

      4. 6.4.4. K Line Logistics

      5. 6.4.5. Kerry Logistics Network Limited

      6. 6.4.6. Konoike Group

      7. 6.4.7. MOL Logistics

      8. 6.4.8. Overland Total Logistic

      9. 6.4.9. Profreight Group

      10. 6.4.10. Tiong Nam Logistics

      11. 6.4.11. Yamato Transport

      12. 6.4.12. Yatfai Group

  7. 7. KEY STRATEGIC QUESTIONS FOR ROAD FREIGHT CEOS

  8. 8. APPENDIX

    1. 8.1. Global Logistics Market Overview

      1. 8.1.1. Overview

      2. 8.1.2. Porter’s Five Forces Framework

      3. 8.1.3. Global Value Chain Analysis

      4. 8.1.4. Market Dynamics (Market Drivers, Restraints & Opportunities)

    2. 8.2. Sources & References

    3. 8.3. List of Tables & Figures

    4. 8.4. Primary Insights

    5. 8.5. Data Pack

    6. 8.6. Glossary of Terms

    7. 8.7. Currency Exchange Rate

List of Tables & Figures

  1. Figure 1:  
  2. DISTRIBUTION OF GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY, ASEAN, SHARE %, 2021
  1. Figure 2:  
  2. GROWTH OF GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY, ASEAN, CAGR %, 2016 – 2021
  1. Figure 3:  
  2. TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT, ASEAN, VALUE, USD, 2016 – 2021
  1. Figure 4:  
  2. TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT, ASEAN, SHARE %, 2016 – 2021
  1. Figure 5:  
  2. MODAL SHARE OF FREIGHT TRANSPORT SECTOR, ASEAN, SHARE %, BY VOLUME (TONS), SHARE%, 2021
  1. Figure 6:  
  2. LENGTH OF ROADS BY TYPE OF SURFACE, ASEAN, SHARE %, 2021
  1. Figure 7:  
  2. LENGTH OF ROADS BY TYPE OF ROAD, ASEAN, SHARE %, 2021
  1. Figure 8:  
  2. VALUE OF EXPORTS, ASEAN, USD, 2016-2021
  1. Figure 9:  
  2. VALUE OF IMPORTS, ASEAN, USD, 2016-2021
  1. Figure 10:  
  2. FUEL PRICE BY TYPE OF FUEL, ASEAN, USD PER LITRE, 2016-2021
  1. Figure 11:  
  2. TRUCKING OPERATIONAL COSTS, ASEAN, SHARE %, 2021
  1. Figure 12:  
  2. TRUCKING FLEET SIZE BY TYPE, ASEAN, SHARE %, 2021
  1. Figure 13:  
  2. ROAD FREIGHT TRANSPORT LOAD PICKED, ASEAN, TONS, 2016-2028
  1. Figure 14:  
  2. ROAD FREIGHT TRANSPORT RATES, ASEAN, USD/TON-KM, 2016-2021
  1. Figure 15:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, VOLUME, TON-KM, 2016 - 2028
  1. Figure 16:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, VALUE, USD, 2016 - 2028
  1. Figure 17:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, BY END USER, VOLUME, TON-KM, 2016 - 2028
  1. Figure 18:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, BY END USER, VALUE, USD, 2016 - 2028
  1. Figure 19:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, SHARE(%), VALUE, BY END USER, 2016 - 2028
  1. Figure 20:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, AGRICULTURE, FISHING AND FORESTRY, VOLUME, TON-KM, 2016 - 2028
  1. Figure 21:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, AGRICULTURE, FISHING AND FORESTRY, VALUE, USD, 2016 - 2028
  1. Figure 22:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, SHARE(%), BY DESTINATION, 2021 - 2028
  1. Figure 23:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, CONSTRUCTION, VOLUME, TON-KM, 2016 - 2028
  1. Figure 24:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, CONSTRUCTION, VALUE, USD, 2016 - 2028
  1. Figure 25:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, SHARE(%), BY DESTINATION, 2021 - 2028
  1. Figure 26:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, MANUFACTURING, VOLUME, TON-KM, 2016 - 2028
  1. Figure 27:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, MANUFACTURING, VALUE, USD, 2016 - 2028
  1. Figure 28:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, SHARE(%), BY DESTINATION, 2021 - 2028
  1. Figure 29:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, OIL AND GAS, MINING AND QUARRYING, VOLUME, TON-KM, 2016 - 2028
  1. Figure 30:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, OIL AND GAS, MINING AND QUARRYING, VALUE, USD, 2016 - 2028
  1. Figure 31:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, SHARE(%), BY DESTINATION, 2021 - 2028
  1. Figure 32:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, WHOLESALE AND RETAIL TRADE, VOLUME, TON-KM, 2016 - 2028
  1. Figure 33:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, WHOLESALE AND RETAIL TRADE, VALUE, USD, 2016 - 2028
  1. Figure 34:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, SHARE(%), BY DESTINATION, 2021 - 2028
  1. Figure 35:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, OTHERS, VOLUME, TON-KM, 2016 - 2028
  1. Figure 36:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, OTHERS, VALUE, USD, 2016 - 2028
  1. Figure 37:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, SHARE(%), BY DESTINATION, 2021 - 2028
  1. Figure 38:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, MALAYSIA, VALUE, USD, 2016 - 2028
  1. Figure 39:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %
  1. Figure 40:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, THAILAND, VALUE, USD, 2016 - 2028
  1. Figure 41:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %
  1. Figure 42:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, VIETNAM, VALUE, USD, 2016 - 2028
  1. Figure 43:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %
  1. Figure 44:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, REST OF ASEAN, VALUE, USD, 2016 - 2028
  1. Figure 45:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, GROWTH (2016-2021) AND FORECASTS (2022-2028), CAGR %
  1. Figure 46:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
  1. Figure 47:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
  1. Figure 48:  
  2. ASEAN CROSS BORDER ROAD FREIGHT TRANSPORT MARKET SHARE(%), BY MAJOR PLAYERS, 2021

ASEAN Cross Border Road Freight Transport Industry Segmentation

Agriculture, Fishing And Forestry, Construction, Manufacturing, Oil And Gas, Mining And Quarrying, Wholesale And Retail Trade, Others are covered as segments by End User. Indonesia, Malaysia, Thailand, Vietnam are covered as segments by Country.
End User
Agriculture, Fishing And Forestry
Construction
Manufacturing
Oil And Gas, Mining And Quarrying
Wholesale And Retail Trade
Others
Country
Indonesia
Malaysia
Thailand
Vietnam
Rest Of ASEAN
customize-icon Need A Different Region Or Segment?
Customize Now

Market Definition

  • CABOTAGE - Road transport by a motor vehicle registered in a country performed on the national territory of another country.
  • CONTAINERIZATION - Road freight transport in the form of containerized as well as non-containerized road freight transport is considered in the study.
  • CONTAINERIZED CARGO - Containerized cargo means general goods, commodities or wares that are shipped in non-dContainerized cargo means general goods, commodities or wares that are shipped in non-disposable, reusable, commercial sized shipping containersisposable, reusable, commercial sized shipping containers
  • CROSS TRADE - International road transport between two different countries performed by a road motor vehicle registered in a third country. A third country is a country other than the country of loading/embarkation and than the country of unloading/disembarkation.
  • DISTANCE TYPES - Both long haul and short haul road freight transport markets are considered in the study.
  • DOMESTIC ROAD FREIGHT TRANSPORT -
  • END USER - Road Freight Transport market is analyzed based on the major end users viz. Oil & Gas, Mining & Quarrying, Construction, Manufacturing,Wholesale & Retail Trade, Agriculture, Fishing & Forestry among other end users
  • FULL TRUCKLOAD - Full Truckload shipping is the movement of large amounts of homogeneous cargo, generally the amount necessary to fill an entire semi-trailer or intermodal container. A Full truckload carrier is a trucking company that generally contracts an entire trailer-load to a single customer.
  • INTERNATIONAL ROAD FREIGHT TRANSPORT - International road freight transport refers to the cross-border transportation or flow of freight across international borders.
  • LESS THAN TRUCKLOAD - LTL refers to “Less-than-Truck Load”, a mode of freight transport that offers flexible options when the amount of cargo needing to be moved does not fill a full truck load (FTL) but is too large or heavy for parcel shipping.
  • LIQUID GOODS - Liquid Goods include all goods which are liquid in nature (crude petroleum, oil, gasoline, liquid fertilizers, alcoholic and non-alcoholic beverages to name a few)
  • LONG HAUL ROAD FREIGHT TRANSPORT - Long-distance trucking (Long Haul) establishments carry goods between metropolitan areas or cross border. (greater than or equal to 100 miles)
  • NON- CONTAINERIZED CARGO - Non-Containerised Cargo refers to goods shipped in pieces separately without the use of a container. These goods are shipped in crates, bags, boxes, drums, barrels and they are extremely large in sizes/dimensions.
  • PRODUCT TYPES - Both solid and liquid goods are considered in terms of the type of products transported, in the study.
  • ROAD FREIGHT TRANSPORT - Hiring a trucking agency for transport of commodities (raw materials or manufactured goods including both solids and liquids) form the origin to a destination that lies across the border (international) constitutes cross border road freight transport market The service might be Full-Truck-Load or Less than-Truck-Load, containerized or non-containerized, temperature controlled or non temperature controlled, short haul or long haul.
  • SHORT HAUL ROAD FREIGHT TRANSPORT - Local trucking (Short Haul) establishments primarily carry goods within a single metropolitan area and its adjacent nonurban areas. (upto 99 miles)
  • SOLID GOODS - Solid Goods include all goods which are solid in nature (coal, building stone, gravel, motorized vehicles, electronics, machinery to name a few)
  • TEMPERATURE CONTROL - Temperature controlled as well as non-temperature-controlled transport of freight through road, is considered in the scope of the study
  • TRUCKLOAD SPECIFICATION - For the purpose of this study, both less-than truckload and full-truckload road freight markets are taken into consideration.
bookmark Need More Details on Market Definition?
Ask a Question

Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
download-icon Get More Details On Research Methodology
Download PDF
close-icon
80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

WHY BUY FROM US?
card-img
01. Crisp, insightful analysis
Our focus is NOT on word count. We present only the key trends impacting the market so you don’t waste time finding a needle in the haystack.
card-img
02. True Bottom-Up Approach
We study the industry, not just the market. Our bottom-up approach ensures we have a broad and deep understanding of the forces that shape the industry.
card-img
03. Exhaustive Data
Tracking a million data points on the road frieght industry. Our constant market tracking covers over 1 million+ data points spanning 45 countries and over 150 companies just for the road frieght industry.
card-img
04. Transparency
Know where your data comes from. Most market reports today hide the sources used behind the veil of a proprietary model. We proudly present them so you can trust our information.
card-img
05. Convenience
Tables belong in spreadsheets. Like you, we also believe that spreadsheets are better suited for data evaluation. We don't clutter our reports with data tables. We provide an excel document with each report that contains all the data used to analyze the market.

ASEAN Cross Border Road Freight Transport Market Research FAQs

The ASEAN Cross Border Road Freight Transport Market size accounted for USD 9.54 billion in 2022 and grow at a CAGR of 5.10% to reach USD 14.71 billion by 2028.

In 2022, the ASEAN Cross Border Road Freight Transport Market size accounted for USD 9.54 billion.

DB Schenker, Deutsche Post DHL Group, Kerry Logistics Network Limited, Tiong Nam Logistics and Yamato Transport are the major companies operating in the ASEAN Cross Border Road Freight Transport Market.

In the ASEAN Cross Border Road Freight Transport Market, the Manufacturing segment accounts for the largest share by end user.

In 2023, Indonesia accounts for the largest share by country in the ASEAN Cross Border Road Freight Transport Market.

ASEAN Cross Border Road Freight Transport Industry Report

Statistics for the 2023 ASEAN Cross Border Road Freight Transport market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. ASEAN Cross Border Road Freight Transport analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

ASEAN Cross Border Road Freight Transport Report Snapshots