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Report Overview

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.

2024

Base Year

2018-2024

Historical Period

2025-2034

Forecast Period

Compound Annual Growth Rate

Value in USD Billion

3.1%

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%

Key Trends in the Market

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 growing shift towards precision scheduled railroading (PSR), which involves the operation of cargo trains on a fixed schedule, is one of the prominent rail freight transportation market trends. PSR improves the efficiency of freight trains by ensuring the timely delivery of goods.
  • The increased incorporation of positive train control systems into freight rails for collision avoidance, monitoring speed, and prevention of rail derailments, among others, is another crucial trend supporting the market expansion.
  • With the rising trend of decarbonisation, battery-powered freight trains that offer a zero-emission solution are gaining prominence, positively influencing the rail freight transportation market growth. 
  • The increasing deployment of advanced technologies such as AI, big data, and analytics in rail freight transport to facilitate effective train scheduling, reduce delays, and enable the prediction of failures to enhance efficiency and reliability is driving the market development.

Market segmentation

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:

  • Containerised (Includes Intermodal)
  • Non-containerised
  • Liquid Bulk

Market Breakup by Destination:

  • Domestic
  • International

Market Breakup by Application:

  • Oil and Gas
  • Mining
  • Chemical
  • Transport

Market Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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%

Market Share by Type of Cargo

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.

Market Share by Region

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.

Competitive Landscape

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

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.

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.

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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Key Questions Answered in the Report

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.

Report Summary

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.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

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:

  • Type of Cargo
  • Destination
  • Application
  • Region
Breakup by Type of Cargo
  • Containerised (Includes Intermodal)
  • Non-containerised
  • Liquid Bulk
Breakup by Destination
  • Domestic
  • International
Breakup by Application
  • Oil and Gas
  • Mining
  • Chemical
  • Transport
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • 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  
  • Genesee & Wyoming Inc.  
  • Others

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