Australia Road Freight Transport Market Size

Australia Road Freight Transport Market Analysis

The Australia Road Freight Transport Market size is estimated at 41.31 billion USD in 2024, and is expected to reach 53.11 billion USD by 2030, growing at a CAGR of 4.28% during the forecast period (2024-2030).

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41.31 Billion

Market Size in 2024 (USD)

53.11 Billion

Market Size in 2030 (USD)

3.09 %

CAGR (2017-2023)

4.28 %

CAGR (2024-2030)

Largest Market by Distance

72.92 %

value share, Long Haul, 2023

Australian road trains, which are the world's longest trucks, are an innovative concept for long-haul freight in the country.

Largest Market by Goods Configuration

65.46 %

value share, Solid Goods, 2023

The solid goods segment dominates the market as liquid goods include a small category of goods, such as oil, chemicals, and pharmaceuticals, which constitute a relatively smaller share.

Largest Market by End User Industry

40.09 %

value share, Wholesale and Retail Trade, 2023

The growth in e-commerce is boosting the wholesale and retail trade end-user industry. During 2023-2027, the e-commerce sector in Australia is expected to record a CAGR of 9.8%.

Fastest Growing Market by Truckload Specification

4.79 %

Projected CAGR, Less than-Truck-Load (LTL), 2024-2030

Online shopping is a major driver of the demand for LTL trucking in the country. Further, in 2022, small businesses recorded a growth of 15.4% YoY, which boosted the LTL segment.

First Leading Market Player

8.28 %

market share, Scott's Refrigerated Logistics, 2022

Scott's Refrigerated Logistics operates with more than 500 prime movers and 1,000 trailers and a dedicated pickup and delivery fleet to offer refrigerated freight.

Growing investment and partnerships in the manufacturing sector are expected to boost the Australian economy

Australia 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 Industry. Domestic are covered as segments by Destination. Full-Truck-Load (FTL), Less than-Truck-Load (LTL) are covered as segments by Truckload Specification. Containerized, Non-Containerized are covered as segments by Containerization. Long Haul, Short Haul are covered as segments by Distance. Fluid Goods, Solid Goods are covered as segments by Goods Configuration. Non-Temperature Controlled, Temperature Controlled are covered as segments by Temperature Control.

• In 2022, the manufacturing sector of Australia played a substantial role, contributing over 5% to the country's GDP, with a total value exceeding USD 84 billion. The Australian government has allocated substantial funding to support the manufacturing industry. For example, in 2023, the National Recovery Fund (NRF) plans to invest AUD15 billion (USD 10.1 billion) across priority areas, including manufacturing, to stimulate economic growth and create investment-ready projects. Increasing investment may directly impact road freight transportation in the market.
• In 2023, DHL Supply Chain, the global leader in contract logistics, planned to expand its strategic collaboration with Nestlé Nespresso. The partnership involves DHL providing comprehensive logistics and fulfillment services in Brisbane and Sydney, Australia. With an estimated volume of over 1 million orders annually, the Australian operation will be centered in omnichannel facilities located in Brisbane and Sydney.
• Oil, gas, mining, and quarrying are major contributors to the Australian economy. In 2022, Western Australia's mining and petroleum sector received AUD 26 billion (USD 17.65 billion) as investment, which may be largely driven by iron ore production sustaining projects, a ramp-up in work on Scarborough LNG and Pluto Train 2, and the Iron Bridge magnetite project. Mining and petroleum investment in Western Australia have shown continuous growth for the past 14 quarters when accounting for seasonal fluctuations. This increasing investment in Australia is expected to directly impact the future of the logistics market.