The India Road Freight Transport Market report segments the industry into End User Industry (Agriculture, Fishing, and Forestry, Construction, Manufacturing, Oil and Gas, and more), Destination (Domestic, International), Truckload Specification (Full-Truck-Load (FTL), Less than-Truck-Load (LTL)), Containerization (Containerized, Non-Containerized), Distance (Long Haul, Short Haul), and more.

The India Rail Freight Transport Market is Segmented by Cargo Type (Containerized (Intermodal), Non-containerized, and Liquid Bulk), Destination (Domestic and International) and Service Type (Transportation and Services Allied to Transportation). The report offers market size and forecasts for India Rail Freight Transport Market in value (USD Billion) for all the above segments.

The size of the road logistics market in India more than doubled from 3.1 trillion Indian rupees in financial year 2020, to around 8.2 trillion rupees in 2022. Such growth will be driven by factors such as the rapid expansion of the e-commerce sector and the growth of the retail sales market, among many other factors. E-commerce in India With the exponential growth of internet penetration rate and online infrastructure in India, along with the impact of the coronavirus pandemic, the e-commerce market has experienced a great boost. The expansion was not only limited to the online retail sector, but even more, new developments in niche markets such as food delivery services, online grocery shopping and online ticketing services were also present. The online retail market is dominated by Amazon India and Flipkart. Digitization made huge leaps, partially due to the Digital India initiative including other policies by the government. Commercial vehicles in India As more than half of the freight movement across India is via road, commercial vehicles are a vital pillar for India’s logistics industry. Commercial vehicles in the country are segmented by the gross vehicle weight into light commercial vehicles, and medium and heavy commercial vehicles. The former, has a gross weight of less than 7.5 metric tons dominating the market. It also reflects on the fact that within the road logistics market, the inter-city road logistics spending in India accounted for the majority of the total road logistics spending. Inter-city transport requires small and nimble vehicles, especially because Indian cities predominantly have narrow streets.

Unlock data-backed intelligence on North America Vegan Food Market size at USD 110 billion in 2023, showcasing key trends and growth opportunities.

The India FTL Market report segments the industry into End User Industry (Agriculture, Fishing, and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, Others) and Destination (Domestic, International). Get five years of historical data alongside five-year market forecasts.

In financial year 2020, the size of road logistics market in India stood around 220 billion US dollars, with the majority in intercity roads with a market share of 86 percent. This was a decrease in comparison with the previous year, mainly due to the impact of the coronavirus pandemic. The compound annual growth rate between financial year 2019 to 2025 was estimated to reach around seven percent.

The India Freight And Logistics Market report segments the industry into End User Industry (Agriculture, Fishing, And Forestry, Construction, Manufacturing, Oil And Gas, Mining And Quarrying, Wholesale And Retail Trade, Others), Logistics Function (Courier, Express, And Parcel (CEP), Freight Forwarding, and more). The report analyzes market value in USD, market volume for select segments, and more.

Unlock data-backed intelligence on India Road Freight Transport Market, size at USD 136 billion in 2023, showcasing growth opportunities and strategic insights.

India Logistics Sector has witnessed a robust CAGR with highest share to freight forwarding Market followed by Warehousing, Courier parcel and Express market and VAS Market.

The Indian Part Truck Load (PTL) market is experiencing robust growth, driven by the expansion of e-commerce, increasing manufacturing activity, and the nation's robust agricultural sector. A CAGR exceeding 4% indicates a consistently expanding market, projected to reach significant value over the forecast period (2025-2033). Key drivers include the rising demand for efficient and cost-effective transportation solutions, particularly amongst SMEs lacking their own large-scale logistics infrastructure. The increasing adoption of technology, such as advanced route optimization software and real-time tracking systems, further fuels market expansion. While regulatory hurdles and fluctuating fuel prices pose challenges, the market's inherent resilience and the ongoing development of India's infrastructure mitigate these restraints. Segmentation reveals significant contributions from various end-user industries, with agriculture, construction, manufacturing, and e-commerce leading the demand. The domestic market currently holds the larger share, however, increasing international trade is anticipated to boost the international segment's growth in the coming years. Leading players such as CJ Darcl, DHL, and domestic logistics giants like VRL Logistics and Delhivery are vying for market share through strategic investments, fleet expansion, and technological advancements. The diverse regional landscape presents opportunities across the country, with potential for significant growth in both established and emerging markets. The competitive landscape is characterized by a mix of established national players and smaller regional operators. Consolidation within the industry is expected as larger companies continue to acquire smaller ones to expand their reach and service capabilities. The focus on improving service quality, delivery times, and supply chain transparency will be crucial for market leadership. Government initiatives to improve infrastructure, such as road development and logistics parks, will further enhance market prospects. Furthermore, the burgeoning adoption of digital technologies across the supply chain, from order management to route planning, will influence both market dynamics and operational efficiency, attracting more investments and innovation into the PTL space. The long-term outlook for the Indian PTL market remains positive, propelled by a growing economy, e-commerce boom, and investments in logistics infrastructure. This in-depth report provides a comprehensive analysis of the Part Truck Load (PTL) market in India, covering the period from 2019 to 2033. It offers invaluable insights into market dynamics, growth drivers, challenges, and future trends, making it an essential resource for businesses operating in or planning to enter this dynamic sector. The report leverages extensive data analysis and incorporates key industry developments to present a realistic and actionable outlook for investors, industry players, and researchers. The base year for this report is 2025, with estimations for 2025 and forecasts spanning from 2025 to 2033. Historical data from 2019 to 2024 provides a strong foundation for these projections. Recent developments include: September 2023: Shreeji Translogistics Limited (STL) one of the large integrated national logistical solution providers in India, has entered into contract with DHL Express (India) Pvt. Ltd. for providing courier cargo under bonded trucking services.August 2023: Transport Corporation of India (TCI) has committed to deploy zero-emission trucks over the next 18-24 months to run on India’s first zero-emission road freight cluster as announced by NITI Aayog in collaboration with WRI India and the World Economic Forum.August 2023: Delhivery Ltd had entered into a contract to build and operate the factory-to-customer supply chain for Havells India Ltd. in western India.. Key drivers for this market are: Growing trade relations, Increased demand for perishable goods. Potential restraints include: Cargo theft, High cost of maintainig. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

India transportation management system market size is projected to exhibit a growth rate (CAGR) of 6.75% during 2025-2033. The increasing growth of e-commerce and the shift toward omnichannel retailing, which have intensified the demand for robust transportation management system solutions, is driving the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on transportation mode, offering, deployment type, and application.

Public Transport Market Outlook

The global public transport market size was estimated at USD 200 billion in 2023 and is projected to reach USD 350 billion by 2032, growing at a CAGR of 6.5% from 2024 to 2032. The increasing urbanization and the growing demand for efficient and sustainable transportation solutions are primary growth factors driving the market. As more people move towards urban centers, the need for reliable and extensive public transport systems becomes vital, promoting investments and developments in this sector.

One of the primary growth drivers of the public transport market is the increasing awareness and governmental policies emphasizing environmental sustainability. As emissions from personal vehicles continue to contribute significantly to urban pollution, public transport emerges as a green alternative. Governments worldwide are adopting policies and providing subsidies to promote the use of public transportation, thereby reducing the carbon footprint. Furthermore, advancements in technology, such as the integration of IoT, AI, and big data analytics, are enhancing operational efficiencies and passenger experiences, further encouraging public transport adoption.

The rising fuel prices and the economic feasibility of public transport over private vehicles also play a crucial role in the market's expansion. As fuel costs soar, maintaining private automobiles becomes financially burdensome for the average consumer. Public transport offers a cost-effective alternative, minimizing travel expenditure. Moreover, many urban areas are experiencing increased congestion, and public transport systems present a more viable solution for reducing traffic, thus saving time and improving quality of life for commuters. This economic advantage is further supported by the rising trend of shared mobility services, which integrate seamlessly with existing public transport modes.

Demographic shifts, particularly the aging population and the increasing number of working professionals, also fuel market demand. Older individuals often rely on public transport for accessibility reasons, while the working populace seeks convenient and time-saving travel options. Urban planners are increasingly considering these demographic factors in transport planning, leading to enhanced and expanded transit networks. Additionally, the shift towards smart cities is pushing the development of integrated public transport systems that are crucial for the seamless flow of urban life.

Regionally, the Asia Pacific is expected to dominate the public transport market due to rapid urbanization and economic growth in countries such as China and India. These nations are heavily investing in public transport infrastructure to support their burgeoning urban populations. Meanwhile, Europe and North America are witnessing significant technological advancements and policy initiatives aimed at modernizing existing public transport systems to make them more environment-friendly and efficient. Latin America and the Middle East & Africa are also expected to see substantial growth, driven by infrastructure development and increased investments in public transport.

Mode of Transport Analysis

The mode of transport segment in the public transport market is crucial as it encompasses the various means through which passengers are transported, including buses, trains, trams, metros, and others. Buses, being the most accessible and prevalent form, dominate the market due to their flexibility and coverage. Buses are extensively used in both urban and rural areas, offering extensive routes and frequency. The affordability and government initiatives promoting bus usage for reducing urban congestion contribute significantly to this segment's growth. Moreover, technological advancements in bus systems, such as electric and hybrid models, further enhance their appeal.

Trains and metros are central to the public transport market, especially in densely populated urban areas. These modes provide fast, reliable, and high-capacity transit solutions, making them indispensable for daily commuters in metropolitan regions. Governments are investing heavily in expanding rail networks and modernizing existing infrastructure with state-of-the-art technologies to boost efficiency and safety. The development of high-speed rail networks, particularly in Asia and Europe, highlights the segment's importance in reducing travel times and enhancing regional connectivity.

Trams are gaining popularity in urban areas due to their environmental benefits and ability to integrate w

This report forecasts revenue growth at regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034

The India Rail Freight Transport market is experiencing robust growth, driven by increasing industrialization, e-commerce expansion, and government initiatives promoting infrastructure development. With a Compound Annual Growth Rate (CAGR) exceeding 4.0%, the market size, estimated at approximately ₹200 billion (USD 24 billion) in 2025, is projected to reach ₹350 billion (USD 42 billion) by 2033. This expansion is fueled by several key factors. The shift towards containerized cargo is improving efficiency and reducing transportation costs, while the growth of e-commerce is generating significant demand for reliable and timely delivery services. Furthermore, investments in modernizing railway infrastructure, including track upgrades and enhanced logistics capabilities, are streamlining operations and boosting overall capacity. The market is segmented by service type (transportation, allied services like maintenance and storage), cargo type (containerized, non-containerized, liquid bulk), and destination (domestic, international). Key players, including Indian Railways, Transvoy Logistics, and others, are strategically investing in technology and expanding their service offerings to capitalize on this growth. However, challenges remain, including the need for further infrastructure improvements, addressing operational inefficiencies, and mitigating potential disruptions to the supply chain. The regional distribution of the market shows significant variation across North, South, East, and West India, reflecting varying levels of industrial activity and infrastructure development. North and West India, with their established industrial hubs and robust transportation networks, currently command a larger share of the market. However, ongoing infrastructure projects in other regions are expected to lead to a more balanced distribution in the coming years. The increasing adoption of technology, including digital platforms for freight management and real-time tracking, will continue to drive market transformation. This includes the adoption of intermodal transportation, leveraging the strengths of rail and road networks for enhanced reach and efficiency. Competition in the sector is likely to intensify, prompting players to focus on innovation, cost optimization, and superior customer service to maintain a competitive edge. Recent developments include: October 2022 - Indian Railways finalizes tender to procure 90,000 freight wagons by 2025. The investment will be around INR 1 trillion. The tender notice for the procurement of 90,000 wagons was floated in March 2022., June 2022 - The World Bank's Board of Executive Directors approved a USD 245 million loan to support India's efforts to modernize rail freight and logistics infrastructure. The Rail Logistics project will help India shift more traffic from road to rail, making transport-both freight and passenger-more efficient and, reducing millions of tons of greenhouse gas emissions (GHG) each year. The project will also incentivize more private-sector investment in the railway sector.. Key drivers for this market are: 4., Rise In Agriculture Sector and Food Industry4.; Rise In Pharmaceutical Industry. Potential restraints include: 4., Cost Constraints4.; Infrastructure Accessibility. Notable trends are: Digitization in Railways have increased the dependency on rail freight transport.

India Intelligent Transportation System Market is projected to grow at a CAGR of around 16% during the forecast period 2022-27

The India Rail Freight Transport Market Size was valued at USD 60.66 Billion in 2024 and is projected to reach USD 94.66 Billion by 2032, growing at a CAGR of 5.7% from 2026 to 2032.

Key Market Drivers: • Infrastructure and Network Expansion: The Indian Railways has greatly increased its network and infrastructure capacity. According to the Ministry of Railways’ Annual Report 2022-23, the overall track length expanded to 68,043 km, with 6,087 km of rail electrification completed in 2021-22 alone. The Dedicated Freight Corridors (DFCs) project costs ₹95,238 crore and aims to boost freight capacity by 144%.

• Industrial Growth and Manufacturing Output: The rising manufacturing sector has a direct influence on rail freight demand. According to India’s Ministry of Statistics and Programme Implementation (MOSPI), the Index of Industrial Production (IIP) increased by 5.8% in 2022–23.

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Perishable Goods Transportation Market Size 2025-2029

The perishable goods transportation market size is forecast to increase by USD 9.84 billion, at a CAGR of 8.7% between 2024 and 2029.

The market is experiencing significant growth due to several key trends. The increasing demand for processed food and beverages is driving market expansion, as these items require timely and efficient transportation to maintain their freshness and quality. Another trend is the adoption of eco-friendly vehicles for the transportation of perishable goods, addressing environmental concerns and enhancing sustainability.
However, safety issues remain a challenge in the market, as they are susceptible to damage during transportation, leading to potential food safety risks and financial losses for businesses. Addressing these challenges through advanced logistics and technologies will be crucial for market growth.

What will be the Size of the Perishable Goods Transportation Market During the Forecast Period?

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The market encompasses the movement of temperature-sensitive and moisture-sensitive products, including fruits, vegetables, meats, poultry, seafood, dairy products, bakery goods, and flowers. This market is characterized by the increasing demand for fresh, high-quality products and consumer preferences for healthier food options. Refrigerated trucks, reefer containers, air cargo, and sea freights are the primary modes of transportation for these temperature-controlled goods. Processors, couriers, and logistics companies play significant roles in ensuring safe and efficient transportation. Regulations governing food safety and quality assurance are stringent, necessitating advanced technology and infrastructure developments in temperature-controlled transportation. Sustainable practices are also gaining traction in the market, with an emphasis on reducing carbon emissions and minimizing waste.

How is this Perishable Goods Transportation Industry segmented and which is the largest segment?

The perishable goods transportation industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  MPS
  Dairy
  Fruits and vegetables
  Bakery and confectionery


Mode Of Transportation

  Road transportation
  Air transportation
  Others


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France


  APAC

    China
    India
    Japan


  South America

    Brazil


  Middle East and Africa

By Product Insights

The MPS segment is estimated to witness significant growth during the forecast period.

The market encompasses the movement of temperature-sensitive and moisture-sensitive products, including fruits, vegetables, meats, poultry, seafood, dairy products, bakery goods, flowers, and other perishable items. These goods require specialized handling and transportation methods to maintain product quality, safety, shelf-life, and prevent spoilage, damage, and degradation. Refrigerated trucks, reefer containers, air cargo, and sea freights are common transportation methods used in perishable goods transportation. Transportation plays a crucial role in long-distance trade, ensuring customer satisfaction, profit, and economic growth. The market is continually evolving, with advancements in technology and infrastructure developments, such as cold-chain infrastructure, refrigerated transportation, and eco-friendly vehicles like electric vehicles (EVs).

Processors, couriers, and specialized carriers provide cost-effective and efficient services to meet the demands of health-conscious consumers and online supermarkets, delivery services, meal kits, and meal delivery services. Regulations and technology continue to shape the market. Food safety, temperature-controlled transportation, and sustainable practices are essential considerations for processors and transportation providers. RFID tracking systems, temperature-controlled containers, and advanced technology-based solutions are integral to maintaining product quality and ensuring food safety. The market is expected to grow as consumer preferences shift towards fresh food, health-conscious diets, and the increasing popularity of online platforms for grocery shopping.

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The MPS segment was valued at USD 5.88 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 35% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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This Report Covers India Cargo Handling and Transport Market Leading Players, India Cargo Handling and Transport Market Top Players, India Cargo Handling and Transport Market Challenges, India Cargo Handling and Transport Market Competitors.

India Road Freight Transport Market Analysis The India Road Freight Transport Market stood at USD 51139.4 Million in 2025 and is projected to reach USD 66285.0 Million by 2033, exhibiting a CAGR of 3.50% during the forecast period. The growth is primarily attributed to factors such as the expanding e-commerce industry, increasing government investments in infrastructure, and the rising demand for logistics and transportation services. Furthermore, the implementation of GST (Goods and Services Tax) has streamlined the taxation system, leading to improved efficiency and cost savings for transportation companies. Key drivers of the market include government initiatives such as "Make in India" and "Sagarmala," which aim to boost manufacturing and international trade. The growing organized sector, adoption of technology for fleet management and tracking, and the increasing preference for road freight over other modes of transportation due to its flexibility and cost-effectiveness are also contributing to market growth. However, factors such as fuel price fluctuations, traffic congestion, and a shortage of skilled drivers may pose challenges to the market's overall expansion. Recent developments include: March 2021: SAP SE declared their collaboration with Sedna Systems. As part of this agreement, the businesses will integrate SAP TMS with the email management and team collaboration tools from Sedna Systems., February 2022: Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) has new logistics management features that Oracle released. The company has released an update for Oracle Fusion Cloud Transportation Management, which can assist businesses in cutting expenses and risk, enhancing customer satisfaction, and strengthening their ability to bounce back from setbacks. As a result, the business will be able to draw in more clients from the market with this.. Notable trends are: Growing need for rail freight transport is driving the market growth.

The Indian freight transport market, a cornerstone of the nation's economic engine, is experiencing robust growth, driven by a surge in e-commerce, industrial production, and infrastructure development. While precise figures for market size and CAGR are not provided, industry reports suggest a multi-billion dollar market experiencing a healthy compound annual growth rate (CAGR) – let's conservatively estimate this at 7-8% annually for the next decade, considering India's economic trajectory. Key drivers include the expansion of the national highway network, the growth of organized logistics players offering improved technology and efficiency, and increasing demand for faster and more reliable delivery services across various sectors. The full-truckload (FTL) segment dominates, particularly in long-haul transportation of solid goods, catering to the manufacturing and construction sectors. However, the less-than-truckload (LTL) segment is showing significant potential for growth, fueled by the rise of e-commerce and its demand for efficient parcel delivery. Constraints include infrastructure bottlenecks in certain regions, regulatory hurdles, and fluctuating fuel prices, impacting overall operational costs. The segmentation of the Indian freight transport market reveals considerable opportunities. The growing agricultural sector, coupled with expanding export markets, is boosting the demand for specialized transportation of agricultural products. Similarly, the manufacturing sector’s expansion, especially in automotive and consumer goods, is driving the need for efficient and reliable freight solutions. The emergence of sophisticated logistics technology, including route optimization software and advanced tracking systems, is improving efficiency and transparency. This technological advancement is attracting foreign investment and fostering competition, leading to improved service quality and potentially lowering costs for businesses. Further regional variations exist; growth is particularly strong in rapidly developing regions of India, posing both challenges and opportunities for logistics providers. Strategic partnerships and investments in infrastructure will be crucial for sustained market growth. Recent developments include: October 2023: CJ Darcl Logistics, a diversified logistics company, and Tata Motors signed a memorandum of understanding (MoU) to strengthen CJ Darcl’s fleet of vehicles and explore options of logistics services.September 2023: Shreeji Translogistics Limited (STL) one of the large integrated national logistical solution providers in India, has entered into contract with DHL Express (India) Pvt. Ltd. for providing courier cargo under bonded trucking services.August 2023: Maersk is expanding its fleet of electric vehicles to over 500 for deployment across 26 cities covering first, middle, and last-mile distribution for one of the top e-commerce platforms in India. The expansion ties with Maersk’s ambition to become net zero across businesses and provide customers with 100% green solutions by 2040.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.