Please Wait.....
Report
Nordics Road Freight Transport Market - Size, Share, Covid-19 Impact & Forecasts Up To 2028
Market Report I 2023-01-23 I 273 Pages I Mordor Intelligence
The Nordics Road Freight Transport Market is projected to register a CAGR of 2.98%
Key Highlights
Largest Segment by Distance - Long Haul : Long haul has been dominant in Nordics' road freight trucking industry as the countries in the region share their borders with several EU countries, thus fostering trade between them.
Largest Segment by Product Type - Solid Goods : Industries involved in the solid goods sector also make up a significant portion of the region's GDP. Thus, the solid goods segment is the larger sector in the Nordics' road freight transport market.
Largest Segment by End User - Wholesale and Retail Trade : Wholesale and retail trade is the largest segment as the Nordic countries have seen a significant rise in online purchases through foreign websites. In the region, Denmark has the largest B2C e-commerce market across borders.
Fastest Growing Segment by TruckLoad Specification - Less than Truckload : LTL is the fastest-growing truckload segment, as the region's cross-border e-commerce B2B market is anticipated to expand at a robust pace during the forecast period.
Nordics Road Freight Transport Market Trends
Wholesale and Retail Trade is the largest segment by End User.
In 2020, the turnover of the total business economy; repair of computers, personal and household goods; except financial and insurance activities in Norway decreased to 509.6 billion euros (USD 625.91 billion) since the previous year. In 2020, the turnover thereby reached its lowest value in recent years. H&M Hennes & Mauritz AS was the leading clothing company in Norway based on revenue figures. As of July 2020, the Swedish company generated a revenue of almost 4.3 billion Norwegian kroner (USD 501.76 million). It was followed by Coop Innlandet SA, Cubus AS, and Helly Hansen AS, all having revenues of approximately 2 billion Norwegian kroner (USD 233.38 million).
The number of apartment blocks in Norway that were built in 2021 or later, amounted to over 14 thousand units. In the two decades between 2001 and 2010, and 2011 and 2020, there were over 100 thousand new apartments blocks built in Norway for each of the decades. The total number of residential buildings existing in Norway constantly increased during the period from 2010 to 2021. The number grew from approximately 1.46 million in 2010, up to around 1.57 million in 2021.
The number of dairy goats in Norway decreased from 2010 to 2021. In 2021, there were almost 34,000 dairy goats on Norwegian farms. In 2020, the value agricultural commodities such as grains and livestock exported from Finland reached 562 million euros (USD 690.27 million). In the same year, the total value of agricultural exports reached over 1.8 billion euros (USD 2.21 billion). In 2021, there were nearly 45,000 farms in all production sectors in Finland. Over one third of the farms were producing miscellaneous horticulture, followed by over 14,000 farms in cereals production. Milk production was the third largest agricultural sector in Finland in terms of farm numbers, with over 5,000 dairy farms registered as of 2021.
Sweden is the largest segment by Country.
Sweden has the maximum revenue contribution (2021) in all of Nordics region with around 44.89%, followed by Finland with 20.67% revenue contribution, Norway with 18.54% contribution and Denmark with 14.23% revenue contribution. In 2020, Sweden's transport volume in the road freight sector amounted to over 42.11 billion tonne-kilometers. It is projected that the revenue of freight transport by road in Sweden will amount to approximately USD 6.75 billion by 2025. Moreover, from January 2020 onwards, the number of trucks in use in Sweden increased and peaked at over 696.5 thousand as of August 2020. However, the amount declined in September, reaching roughly 695.5 thousand.
Finland has the second highest revenue share in the region due to many factors. In 2020, the percentage of road transport in total inland freight transport in Finland remained nearly unchanged at around 73.8%. However, 2020 marked the second consecutive increase of the percentage of road transport in the country. In 2021, 3,536 trucks were registered in Finland. The brand with most registrations was Volvo (932 trucks), followed by Scania (850 trucks). In the same year, the number of first registrations of Mercedes Benz trucks reached 750. The demand for trucks is expected to increase further during the forecast period.
Norway has the third highest revenue contribution in the region. In the period from 2009 to 2017, the number of electric trucks registered in Norway remained relatively constant. However, from 2017 to 2021 the number of electric trucks registrations increased considerably from 1 to 98 registrations, reflecting increasing focus on sustainability and emissions reduction. In 2019, Scania was the most sold truck brand in Norway with a number of 2,400 units, followed by Volvo. The global automobile manufacturer Mercedes-Benz ranked third with 877 trucks sold in the Nordic country.
Nordics Road Freight Transport Market Competitor Analysis
The Nordics Road Freight Transport Market is fragmented, with the top five companies occupying 38.49%. The major players in this market are Danske Fragtmnd, DB Schenker, Deutsche Post DHL Group, Kuehne + Nagel and NTG Nordic Transport Group (sorted alphabetically).
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 EXECUTIVE SUMMARY & KEY FINDINGS
2 REPORT OFFERS
3 INTRODUCTION
3.1 Study Assumptions & Market Definition
3.2 Scope of the Study?
3.3 Research Methodology
4 KEY INDUSTRY TRENDS
4.1 GDP Distribution By Economic Activity
4.2 GDP Growth By Economic Activity
4.3 Wholesale Price Inflation
4.4 Economic Performance And Profile
4.5 Transport And Storage Sector GDP
4.6 Modal Share Of Freight Transport Sector
4.7 Length Of Roads
4.8 Export Trends
4.9 Import Trends
4.10 Fuel Pricing Trends
4.11 Trucking Operational Costs
4.12 Trucking Fleet Size By Type
4.13 Major Truck Suppliers
4.14 Road Freight Tonnage Trends
4.15 Road Freight Pricing Trends
4.16 Regulatory Framework
4.17 Value Chain & Distribution Channel Analysis
5 MARKET SEGMENTATION
5.1 End User
5.1.1 Agriculture, Fishing And Forestry
5.1.2 Construction
5.1.3 Manufacturing
5.1.4 Oil And Gas, Mining And Quarrying
5.1.5 Wholesale And Retail Trade
5.1.6 Others
5.2 Destination
5.2.1 Domestic
5.2.2 International
5.3 Truckload Specification
5.3.1 Full Truckload
5.3.2 Less Than Truckload
5.4 Containerization
5.4.1 Containerized
5.4.2 Non- Containerized
5.5 Distance
5.5.1 Long Haul
5.5.2 Short Haul
5.6 Product Type
5.6.1 Liquid Goods
5.6.2 Solid Goods
5.7 Temperature Control
5.7.1 Controlled
5.7.2 Non-Controlled
5.8 Country
5.8.1 Denmark
5.8.2 Finland
5.8.3 Iceland
5.8.4 Norway
5.8.5 Sweden
5.8.6 Rest Of The Nordics
6 COMPETITIVE LANDSCAPE
6.1 Key Strategic Moves
6.2 Market Share Analysis
6.3 Company Landscape
6.4 Company Profiles
6.4.1 Collicare Logistics AS
6.4.2 Danske Fragtmnd
6.4.3 DB Schenker
6.4.4 Deutsche Post DHL Group
6.4.5 DFDS Logistics
6.4.6 Kuehne + Nagel
6.4.7 Nordicon
6.4.8 NTEX
6.4.9 NTG Nordic Transport Group
6.4.10 Scan Global Logistics
7 KEY STRATEGIC QUESTIONS FOR ROAD FREIGHT CEOS
8 APPENDIX
8.1 Global Logistics Market Overview
8.1.1 Overview
8.1.2 Porter's Five Forces Framework
8.1.3 Global Value Chain Analysis
8.1.4 Market Dynamics (Market Drivers, Restraints & Opportunities)
8.2 Sources & References
8.3 List of Tables & Figures
8.4 Primary Insights
8.5 Data Pack
8.6 Glossary of Terms
8.7 Currency Exchange Rate
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security