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The global rail freight transportation market size reached approximately USD 263.41 Billion in 2024. The market is estimated to grow at a CAGR of 3.10% in the forecast period of 2025-2034, reaching a value of around USD 357.45 Billion by 2034.
Base Year
Historical Period
Forecast Period
Value in USD Billion
2025-2034
Rail Freight Transportation Market Outlook
*this image is indicative*
Global Rail Freight Transportation Market Report Summary | Description | Value |
Base Year | USD Billion | 2024 |
Historical Period | USD Billion | 2018-2024 |
Forecast Period | USD Billion | 2025-2034 |
Market Size 2024 | USD Billion | 263.41 |
Market Size 2034 | USD Billion | 357.45 |
CAGR 2018-2024 | Percentage | XX% |
CAGR 2025-2034 | Percentage | 3.10% |
CAGR 2025-2034 - Market by Region | Asia Pacific | 3.7% |
CAGR 2025-2034 - Market by Country | India | 3.9% |
CAGR 2025-2034 - Market by Country | China | 3.5% |
CAGR 2025-2034 - Market by Type of Cargo | Containerised (Includes Intermodal) | 3.8% |
CAGR 2025-2034 - Market by Destination | International | 3.4% |
Market Share by Country 2024 | Australia | 2.4% |
Rail freight transportation or rail cargo transportation refers to the usage of trains and railroads for the transport of goods and commodities. A freight train is an integral part of the supply chain and ensures the seamless transport of goods domestically or across the border.
The EMR’s report titled “Global Rail Freight Transportation Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type of Cargo:
Market Breakup by Destination:
Market Breakup by Application:
Market Breakup by Region:
CAGR 2025-2034 - Market by | Country |
India | 3.9% |
China | 3.5% |
Saudi Arabia | 3.4% |
Canada | 3.2% |
UK | 2.8% |
USA | XX% |
Germany | 2.5% |
Italy | XX% |
Japan | XX% |
Australia | XX% |
Brazil | XX% |
Mexico | XX% |
France | 2.4% |
Containerised cargo occupies a significant portion of the rail freight transportation market share as it offers standardisation of containers, which makes the loading and unloading of containers easier, resulting in a cost-efficient and time-saving cargo handling process. These types of cargo offer seamless transfer of goods from one mode of transport to another without any hassle.
Furthermore, these cargos offer the flexibility of transporting a variety of goods such as manufactured and refrigerated commodities.
As per the rail freight transportation market analysis, Europe accounts for a substantial share of the global market, due to the growth of the railway sector in the region. This region has a well-established network of railways, which facilitates the transport of goods locally and across the border through railway modes.
Technological advancements by key players for enhancing the operational performance of rail freight also provide a positive outlook to the market. Additionally, the Asia Pacific is also expected to witness sizeable growth in the forecast period, owing to the growing focus on infrastructural development.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the rail freight transportation market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Deutsche Post AG is a provider of mail and parcels, established in 1995 and based in Bonn, Germany. It also offers press distribution, digital marketing, and corporate communication services, among others.
United Parcel Service of America, Inc., founded in 1907, is a supply chain management company, headquartered in Georgia, the United States. The company offers innovative solutions in the shipment and delivery of parcels.
Nippon Express Co., Ltd., incorporated in 1937, is a global logistics corporation, with its headquarters in Tokyo, Japan. The corporation is a major provider of ground, air, ocean, railway, and cross-border freight services.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other rail freight transportation market players include Deutsche Bahn AG, Indian Railways, BNSF Railway Company, Canadian National Railway Company, PKP Cargo International Group, CSX Corporation, and Genesee & Wyoming Inc., among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the market reached an approximate value of USD 263.41 Billion.
The market is projected to grow at a CAGR of 3.10% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034, reaching a value of around USD 357.45 Billion by 2034.
The major market drivers are the increased volume of cargo, increased investments in railway infrastructural development, and growth of intermodal transportation.
The key trends of the market include a growing shift towards precision scheduled railroading (PSR), increased incorporation of positive train control systems into freight rails, rise in prominence of battery-powered freight trains, and the advent of technological advancements such as AI, big data, and analytics in rail freight transport.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Different destinations are domestic and international.
The key players in the market are Deutsche Post AG, United Parcel Service of America, Inc., Nippon Express Co., Ltd., Deutsche Bahn AG, Indian Railways, BNSF Railway Company, Canadian National Railway Company, PKP Cargo International Group, CSX Corporation, and Genesee & Wyoming Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Type of Cargo |
|
Breakup by Destination |
|
Breakup by Application |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Datasheet
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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