Europe Transportation Aggregators Market: Industry Analysis and Forecast (2024-2030)

Europe Transportation Aggregators Market Definition:

A transportation aggregator is a technique that offers a set of transportation services as its main business, either individually or in conjunction with others, in order to solve cascading transportation issues.

 

Further, the Europe Transportation Aggregators market is segmented by Mode of Transportation, Vehicle Type, Payment Mode and geography. On the basis of mode of transportation, the Europe Transportation Aggregators market is segmented under Roadways, Railways, Airways, and Seaways. Based on the Vehicle Type, the market is segmented under the Passenger, Logistic and Commercial. On the basis of Payment Mode, the Europe Transportation Aggregators market is segmented under Cash, Online Payment, and Mobile Wallets. By geography, the market covers the major countries in Europe i.e., Italy, Germany, United Kingdom, Russia, France and Rest of Europe For each segment, the market sizing and forecasts have been done on the basis of value (in USD Billion).

 

 

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Europe Transportation Aggregators COVID 19 Insights:

The COVID19 pandemic has caused damage on the economy and society. Several companies' supply chains and value chains have been harmed by the outbreak. The Europe transportation aggregator market is no exception.

 

The impact of the COVID19 pandemic is currently being assessed across the world, taking into accounts both demand and supply. In both short-term and long-term scenarios, the pandemic's implications would be researched and investigated. This will aid all important actors in establishing pandemic and post-pandemic business plans, including suppliers, manufacturers, sellers, distributors, and end-users.

 

Europe Transportation Aggregators Market Dynamics:

Europe Transportation Aggregators Market Drivers:

 

1. Technological Advancement Increases: Smartphones, in combination with rising internet penetration, are supporting transportation aggregators in reaching a huge number of consumers and allowing them to contact the aggregators from anywhere in the Europe region at any time. These factors are expected to fuel market growth during the forecast period. In recent years, people in Europe have increased their usage of the internet and smartphone use.

 

2. Various payment options are available: Online payment, cash on delivery, and mobile wallets are just a few of the payment alternatives accessible. Customers prefer mobile wallets because they provide security against money theft and other types of loss. The availability of numerous payment options promotes market growth during the forecast period.

 

3. Travel and Product Delivery Cost Savings: These aggregators save money on services by reducing travel and product delivery expenses, providing them a competitive advantage. This Factor is expected to drive growth of market during forecast period.

 

Europe Transportation Aggregators Market Restraints:

Growth is hampered by a variety of regulations and constraints:  It's tough to start a transportation aggregator firm because different countries have distinct ways of operation, standards, and legislation. In addition, these services are unavailable in developing and distant areas. These challenges are expected to stifle market growth during the forecast period.

 

Europe Transportation Aggregators Market Segment Analysis:

By Mode of Transportation, The Roadways segment in Europe is expected to increase rapidly during the forecast period. The main mode of transportation is the road. Road transportation aggregation services are provided by the majority of organisations in the transportation aggregator market. 61% of people in the Europe region prefer roadways for transportation.

 

Because of the highly integrated supply chain network in Europe, the business is likely to grow rapidly. The European region accounts for 20% of the Transportation aggregator market. The road freight transportation market in Europe valued at 38.64 Bn euros in 2021 and it will reach 46.95 Bn euros by 2027. The Road freight transportation market is expected to grow at a CAGR of 3.3 % through the forecast period.

 

In 2023, Europe's logistics investments will total 38.64 billion euros. The tremendous growth of e-commerce in Europe is driving this trend. Economic growth, population increase, and industrialization growth are all key drivers of growing market.

 

However, with the growing number of local production and consuming units, the government's lack of commitment to the construction of seaports, road networks, and restructured supply chains is hindering market growth.

 

Despite the fact that road transportation is inefficient, cars are frequently utilised to deliver goods over short and medium distances. Highways are the most important transportation aggregation business since many taxi-hailing companies, such as Uber and Ola, have received significant funding to help them grow. Both the personal and public teams supply route transit aggregation services.

 

Rail routes are typically used to transport large amounts of heavy freight over long distances. Rail routes within a country are a more convenient and secure mode of transportation. Rail Routes of the Europe region accounted for 15% market share.

 

Airplanes are the most widely used means of intra-country transportation. Airplanes are used to transport both passengers and freight. For passenger transportation, there are numerous web portals that combine airline services. Shipping International provides a variety of online services for product shipping. Airways in Europe region accounted for 21% market share.

 

 

By Vehicle Type, The passenger segment is growing at the quickest rate in Europe. A passenger market is a services market in which investments must be held in a fully separate account in the name of the beneficial owner at the country's official securities depository.

 

Marketing logistics refers to the planning, delivery, and control of physical commodities, marketing materials, and information from the producer to the market. Customers must be satisfied while profits are generated. The logistic market of the Europe region is valued at US$ 244.91 Bn in 2023 and it will reach US$ 282.36 Bn by 2030. The Logistic market of the Europe region is expected to grow at a CAGR of 2.40 % through the forecast period.

 

Europe Transportation Aggregators Market Key Players Insights:

The market is characterized by the existence of a number of well-known firms. These companies control a large portion of the market, have a wide product portfolio, and have a global presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.

 

The market's major companies have a significant impact because most of them have extensive global networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the europemarket, key players in the market, particularly in this region, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.

 

The objective of the report is to present a comprehensive analysis of the Europe Transportation Aggregators market to the stakeholders in the industry. The report provides trends that are most dominant in the Europe Transportation Aggregators market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Europe Transportation Aggregators Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Europe Transportation Aggregators market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Europe Transportation Aggregators market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Europe Transportation Aggregators market.

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the Europe Transportation Aggregators market. The report also analyses if the Europe Transportation Aggregators market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Europe Transportation Aggregators market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Europe Transportation Aggregators market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Europe Transportation Aggregators market is aided by legal factors.

 

Europe Transportation Aggregators Market Scope:

Europe Transportation Aggregators Market
Market Size in 2023	USD 6.19 Bn.
Market Size in 2030	USD 10.48 Bn.
CAGR (2024-2030)	7.8%
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	By Mode of Transportation Roadways Railways Airways Seaways
	By Vehicle Type Passenger Logistics Commercial
	By End User Cash Online Payment Mobile Wallets
Country Scope	UK  France Germany Italy  Spain  Sweden Austria and Rest of Europe

 

Europe Transportation Aggregators MARKET KEY PLAYERS: 

• Deutsche Post (Bonn, Germany)
• DPD (Issly - les - Moulineaux, France)
• Royal Mail (London, United Kingdom)
• GLS Parcel Service ( Amsterdam, Netherlands‎)
• Hermes UK (united Kingdom)
• Parcelhub (Nottingham, United Kingdom)
• Asendia (Paris, France)