Market Size of australia road freight transport Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 41.31 Billion |
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Market Size (2030) | USD 53.11 Billion |
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Largest Share by End User Industry | Wholesale and Retail Trade |
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CAGR (2024 - 2030) | 4.28 % |
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Fastest Growing by End User Industry | Wholesale and Retail Trade |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
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).
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
- 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.
Understand The Key Trends Shaping This Market
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.
| End User Industry | |
| Agriculture, Fishing, and Forestry | |
| Construction | |
| Manufacturing | |
| Oil and Gas, Mining and Quarrying | |
| Wholesale and Retail Trade | |
| Others |
| Destination | |
| Domestic |
| Truckload Specification | |
| Full-Truck-Load (FTL) | |
| Less than-Truck-Load (LTL) |
| Containerization | |
| Containerized | |
| Non-Containerized |
| Distance | |
| Long Haul | |
| Short Haul |
| Goods Configuration | |
| Fluid Goods | |
| Solid Goods |
| Temperature Control | |
| Non-Temperature Controlled | |
| Temperature Controlled |
Need A Different Region Or Segment?
Australia Road Freight Transport Market Size Summary
The Australia Road Freight Transport Market is poised for significant growth, driven by robust investments in infrastructure and the manufacturing sector. The government's commitment to a substantial infrastructure pipeline, valued at billions, aims to enhance land transport projects that are crucial for national development. This initiative is expected to bolster the logistics market, with increased demand for road freight services. The manufacturing sector's contribution to the GDP, supported by government funding through initiatives like the National Recovery Fund, further underscores the importance of road freight transport in facilitating economic activities. Additionally, strategic collaborations, such as those between DHL Supply Chain and Nestlé Nespresso, highlight the expanding role of logistics and fulfillment services in key Australian cities, reinforcing the market's growth trajectory.
The market landscape is characterized by a fragmented structure, with major players like K&S Corporation Limited, Linfox Pty Ltd., and LINX Cargo Care Group holding significant shares. The sector's employment dynamics reveal that road freight transport is the largest sub-sector, reflecting its critical role in the transport and logistics industry. However, challenges such as rising fuel prices, influenced by global oil market trends and geopolitical factors, pose potential hurdles. Despite these challenges, the market continues to evolve, with companies like DHL Supply Chain leading the charge in decarbonization efforts by integrating electric vehicles into their fleets. This transition not only aligns with global sustainability goals but also positions the market for future growth amidst changing economic and environmental landscapes.
Australia Road Freight Transport Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2030 and analysis of growth prospects)
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1.1 End User Industry
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1.1.1 Agriculture, Fishing, and Forestry
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1.1.2 Construction
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1.1.3 Manufacturing
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1.1.4 Oil and Gas, Mining and Quarrying
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1.1.5 Wholesale and Retail Trade
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1.1.6 Others
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1.2 Destination
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1.2.1 Domestic
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1.3 Truckload Specification
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1.3.1 Full-Truck-Load (FTL)
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1.3.2 Less than-Truck-Load (LTL)
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1.4 Containerization
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1.4.1 Containerized
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1.4.2 Non-Containerized
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1.5 Distance
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1.5.1 Long Haul
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1.5.2 Short Haul
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1.6 Goods Configuration
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1.6.1 Fluid Goods
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1.6.2 Solid Goods
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1.7 Temperature Control
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1.7.1 Non-Temperature Controlled
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1.7.2 Temperature Controlled
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Australia Road Freight Transport Market Size FAQs
How big is the Australia Road Freight Transport Market?
The Australia Road Freight Transport Market size is expected to reach USD 41.31 billion in 2024 and grow at a CAGR of 4.28% to reach USD 53.11 billion by 2030.
What is the current Australia Road Freight Transport Market size?
In 2024, the Australia Road Freight Transport Market size is expected to reach USD 41.31 billion.
