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Less than Truckload Shipping-Global Market Insights and Sales Trends 2024
Synopsis
Less than truckload shipping is the transportation of relatively small freight. The alternatives to LTL carriers are parcel carriers or full truckload carriers. Parcel carriers usually handle small packages and freight that can be broken down into units less than 150 pounds (68 kg).
The global Less than Truckload Shipping market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Less than Truckload Shipping in various end use industries. The expanding demands from the Domestic Shipping and International Shipping, are propelling Less than Truckload Shipping market. Heavy LTL Volume, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Light LTL Volume segment is estimated at % CAGR for the next seven-year period.
The less-than-truckload (LTL) Shipping market will grow extensively in APAC during the next few years due to significant contribution by the countries in APAC to the global market. The limited penetration of LTL services provides growth opportunities to the players to expand their business operations and maximize their profits.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Less than Truckload Shipping, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Less than Truckload Shipping market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Less than Truckload Shipping market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Less than Truckload Shipping sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Less than Truckload Shipping covered in this report include Deutsche Post, FedEx, KUEHNE + NAGEL, United Parcel Service of America and XPO Logistics, etc.
The global Less than Truckload Shipping market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Deutsche Post
FedEx
KUEHNE + NAGEL
United Parcel Service of America
XPO Logistics
Global Less than Truckload Shipping market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Less than Truckload Shipping market, Segment by Type:
Heavy LTL Volume
Light LTL Volume
Global Less than Truckload Shipping market, by Application
Domestic Shipping
International Shipping
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Less than Truckload Shipping companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Less than truckload shipping is the transportation of relatively small freight. The alternatives to LTL carriers are parcel carriers or full truckload carriers. Parcel carriers usually handle small packages and freight that can be broken down into units less than 150 pounds (68 kg).
The global Less than Truckload Shipping market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Less than Truckload Shipping in various end use industries. The expanding demands from the Domestic Shipping and International Shipping, are propelling Less than Truckload Shipping market. Heavy LTL Volume, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Light LTL Volume segment is estimated at % CAGR for the next seven-year period.
The less-than-truckload (LTL) Shipping market will grow extensively in APAC during the next few years due to significant contribution by the countries in APAC to the global market. The limited penetration of LTL services provides growth opportunities to the players to expand their business operations and maximize their profits.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Less than Truckload Shipping, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Less than Truckload Shipping market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Less than Truckload Shipping market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Less than Truckload Shipping sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Less than Truckload Shipping covered in this report include Deutsche Post, FedEx, KUEHNE + NAGEL, United Parcel Service of America and XPO Logistics, etc.
The global Less than Truckload Shipping market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Deutsche Post
FedEx
KUEHNE + NAGEL
United Parcel Service of America
XPO Logistics
Global Less than Truckload Shipping market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Less than Truckload Shipping market, Segment by Type:
Heavy LTL Volume
Light LTL Volume
Global Less than Truckload Shipping market, by Application
Domestic Shipping
International Shipping
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Less than Truckload Shipping companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Less than Truckload Shipping
1.1 Less than Truckload Shipping Market Overview
1.1.1 Less than Truckload Shipping Product Scope
1.1.2 Less than Truckload Shipping Market Status and Outlook
1.2 Global Less than Truckload Shipping Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Less than Truckload Shipping Market Size by Region (2018-2029)
1.4 Global Less than Truckload Shipping Historic Market Size by Region (2018-2023)
1.5 Global Less than Truckload Shipping Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Less than Truckload Shipping Market Size (2018-2029)
1.6.1 North America Less than Truckload Shipping Market Size (2018-2029)
1.6.2 Europe Less than Truckload Shipping Market Size (2018-2029)
1.6.3 Asia-Pacific Less than Truckload Shipping Market Size (2018-2029)
1.6.4 Latin America Less than Truckload Shipping Market Size (2018-2029)
1.6.5 Middle East & Africa Less than Truckload Shipping Market Size (2018-2029)
2 Less than Truckload Shipping Market by Type
2.1 Introduction
2.1.1 Heavy LTL Volume
2.1.2 Light LTL Volume
2.2 Global Less than Truckload Shipping Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Less than Truckload Shipping Historic Market Size by Type (2018-2023)
2.2.2 Global Less than Truckload Shipping Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Less than Truckload Shipping Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Less than Truckload Shipping Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Less than Truckload Shipping Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Less than Truckload Shipping Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Less than Truckload Shipping Revenue Breakdown by Type (2018-2029)
3 Less than Truckload Shipping Market Overview by Application
3.1 Introduction
3.1.1 Domestic Shipping
3.1.2 International Shipping
3.2 Global Less than Truckload Shipping Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Less than Truckload Shipping Historic Market Size by Application (2018-2023)
3.2.2 Global Less than Truckload Shipping Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Less than Truckload Shipping Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Less than Truckload Shipping Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Less than Truckload Shipping Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Less than Truckload Shipping Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Less than Truckload Shipping Revenue Breakdown by Application (2018-2029)
4 Less than Truckload Shipping Competition Analysis by Players
4.1 Global Less than Truckload Shipping Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Less than Truckload Shipping as of 2022)
4.3 Date of Key Players Enter into Less than Truckload Shipping Market
4.4 Global Top Players Less than Truckload Shipping Headquarters and Area Served
4.5 Key Players Less than Truckload Shipping Product Solution and Service
4.6 Competitive Status
4.6.1 Less than Truckload Shipping Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Deutsche Post
5.1.1 Deutsche Post Profile
5.1.2 Deutsche Post Main Business
5.1.3 Deutsche Post Less than Truckload Shipping Products, Services and Solutions
5.1.4 Deutsche Post Less than Truckload Shipping Revenue (US$ Million) & (2018-2023)
5.1.5 Deutsche Post Recent Developments
5.2 FedEx
5.2.1 FedEx Profile
5.2.2 FedEx Main Business
5.2.3 FedEx Less than Truckload Shipping Products, Services and Solutions
5.2.4 FedEx Less than Truckload Shipping Revenue (US$ Million) & (2018-2023)
5.2.5 FedEx Recent Developments
5.3 KUEHNE + NAGEL
5.3.1 KUEHNE + NAGEL Profile
5.3.2 KUEHNE + NAGEL Main Business
5.3.3 KUEHNE + NAGEL Less than Truckload Shipping Products, Services and Solutions
5.3.4 KUEHNE + NAGEL Less than Truckload Shipping Revenue (US$ Million) & (2018-2023)
5.3.5 United Parcel Service of America Recent Developments
5.4 United Parcel Service of America
5.4.1 United Parcel Service of America Profile
5.4.2 United Parcel Service of America Main Business
5.4.3 United Parcel Service of America Less than Truckload Shipping Products, Services and Solutions
5.4.4 United Parcel Service of America Less than Truckload Shipping Revenue (US$ Million) & (2018-2023)
5.4.5 United Parcel Service of America Recent Developments
5.5 XPO Logistics
5.5.1 XPO Logistics Profile
5.5.2 XPO Logistics Main Business
5.5.3 XPO Logistics Less than Truckload Shipping Products, Services and Solutions
5.5.4 XPO Logistics Less than Truckload Shipping Revenue (US$ Million) & (2018-2023)
5.5.5 XPO Logistics Recent Developments
6 North America
6.1 North America Less than Truckload Shipping Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Less than Truckload Shipping Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Less than Truckload Shipping Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Less than Truckload Shipping Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Less than Truckload Shipping Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Less than Truckload Shipping Market Dynamics
11.1 Less than Truckload Shipping Industry Trends
11.2 Less than Truckload Shipping Market Drivers
11.3 Less than Truckload Shipping Market Challenges
11.4 Less than Truckload Shipping Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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