Australia Box Truck Market Report and Forecast 2024-2032

Australia Box Truck Market Outlook

The Australia box truck market size is projected to grow at a CAGR of 3.4% between 2024 and 2032.

Key Takeaways

• Australia transported a 235.4 billion ton-kilometres of goods by road in 2020.

• There are approximately 47,162 road freight transport companies operating in Australia.

• Australia is home to roughly 200,000 truck drivers who play a crucial role in the transportation industry. The transport and logistics sector is further expected to employ over 600,000 workers by 2026.

• Freight vehicles account for over 20% of all vehicles on Australian roads.

The box truck market is witnessing a trend towards technological advancements, including telematics systems, GPS tracking, and driver-assist features. These innovations enhance operational efficiency, safety, and fleet management capabilities, impacting the Australia box truck market growth positively by improving overall performance of box trucks and reducing operational costs.

Another significant trend in the market is the focus on sustainability, with an increasing demand for eco-friendly box trucks powered by alternative fuels or electric propulsion systems. The Truck Industry Council's Budget Submission of 2020 emphasises the importance of transitioning to newer, more environmentally friendly trucks to benefit health, the environment, and road safety.  This trend aligns with environmental  regulations and consumer preferences for greener transportation solutions.

The digitalisation of logistics processes is also influencing the Australia box truck market development. Integration of digital platforms for route optimisation, real-time tracking, and inventory management enhances operational efficiency and transparency in supply chain operations. This trend impacts the market by streamlining logistics processes, reducing lead times, and improving customer service levels.

There are different type of box trucks in the Australian market to meet specific industry requirements. Refrigerated box trucks cater to industries requiring temperature-controlled transportation for perishable goods like food and pharmaceuticals. These trucks play a crucial role in maintaining product integrity during transit. Non-refrigerated box trucks are versatile vehicles used across various industries for general cargo transportation needs. These trucks offer flexibility in transporting a wide range of goods efficiently. Single bridge box trucks are compact vehicles suitable for urban deliveries and short-haul transportation tasks. These trucks offer manoeuvrability in congested areas and are ideal for local distribution. Double bridge box trucks provide increased load capacity compared to single bridge models, making them suitable for longer hauls and heavier cargo transportation needs. These trucks offer enhanced efficiency in handling larger volumes of goods.

Market Segmentation

Australia Box Truck Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type 

• Refrigerated Box Trucks

• Non-Refrigerated Box Trucks

• Single Bridge Box Trucks 

• Double Bridge Box Trucks 

Market Breakup by Capacity Type

• Light-Duty Box Trucks

• Medium and Heavy-Duty Box Trucks 

Market Breakup by Propulsion  

• Electric

• Internal Combustion Engine 

Market Breakup by Application

• Commercial

• Industrial 

• Military  

• Others 

Market Breakup by Region

• New South Wales

• Victoria

• Queensland

• Western Australia

• Australian Capital Territory

• Others

Competitive Landscape

Market players are focused on providing box trucks with advanced features to stay ahead in the competition.

• Alltruck Bodies

• Patra Truck Bodies

• Pacific Bodyworks

• ThermoFreez

• RTB Refrigerated Truck Bodies

• Austin Truck Bodies

• Elite Truck Bodies

• Chill Pty Ltd.

• Others

Key Highlights of the Report