Forecast: Share of Road Freight Transport in Total Inland Freight Transport in China

The share of road freight transport in China's total inland freight transport is projected to increase steadily from 2024 through 2028. In 2023, the share stood at approximately 46%, and forecasts suggest an incremental rise to 47.14% by 2028. This indicates a consistent year-on-year growth of approximately 0.25 to 0.29 percentage points annually. The compound annual growth rate (CAGR) over this five-year period is modest but reflects a steady upward trend.

Future trends to watch for:

  • Increased investment in road infrastructure could further boost the share of road freight.
  • China's expanding e-commerce market might drive more demand for efficient road freight solutions.
  • Environmental regulations and sustainability initiatives could influence the balance between road and other freight modes.

Top Countries about Road Freight