France Rail Freight Transport Market Size (2024 - 2029)

France Rail Freight Transport Market Analysis

The France rail freight transport market is anticipated to register a CAGR of more than 5% over the forecast period.

• By the introduction of an energy savings certificate (ESC) program accessible to shippers, France has strengthened its effort to hasten the changeover of freight transport modes. The announcement of the proposal was made in November 2022 by the Ministries of Energy Transition and Transport, highlighting the fact that rail transportation uses six times less energy than driving.
• The French government will now assist in mitigating the additional transportation expenses incurred when converting from road to rail freight to encourage shippers to convey products by train. The energy cost "break" comes out to be almost 13% of the average cost of a tonne-kilometer (t-km), which is calculated at 3.3 cents per t-km.
• The goal of France's national rail freight development strategy is to double the country's modal share of goods, from 9% in 2019 to 18% in 2030, and then to 25% in 2050. The methods for doing this centre on increasing the appeal of rail, both practically by upgrading the calibre of freight train slots and financially by establishing help programs to make up for the higher prices compared to road transport. Since 2021, France's rail freight industry has been growing again after three years of stagnation, particularly at the national railroad utility and operator SNCF. Rail accounted for 10.7% (2021) of surface freight transport, up from 9.6% in 2020, and is likely to continue growing.
• A representative of the Alliance 4F (Fret Ferroviaire Français du Futur), which brings together major rail freight operators in France, demanded the Ministry of Transport emphasize the critical role of rail freight in the decarbonization of the economy and green planning and consider its targeted and effective promotion, especially in the current energy crisis. First, a system to aid rail freight businesses in coping with skyrocketing energy expenses needs to be developed. The performance and dependability of the rail network should also be improved. The Alliance has requested from the Ministery a specific State mandate for SNCF Réseau.

France Rail Freight Transport Industry Segmentation

Rail freight transport is the usage of railroads and trains to transport cargo on land. It can be used for transporting various kinds of goods or some of the way between the shipper and the intended destination. A complete background analysis of the France Rail Freight Transport Market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact is included in the report.

The France Rail Freight Transport Market is Segmented by Cargo Type (Containerized (Intermodal), Non-containerized, and Liquid Bulk) and by Service Type (Transportation and Services Allied to Transportation). The report offers the market size and forecasts for the France rail freight transport market in volume (thousand metric tons) and value (USD billion) for all the above segments.