The roll trailer market is likely to strengthen its hold in the global market at a lower CAGR of 3.7% during the forecast period. The global market holds a forecasted revenue of US$ 21.66 Bn in 2022 and is likely to cross US$ 30.04 Bn by the end of 2032.
The roll trailer market is anticipated to show promising growth prospects during the forecast period, expanding the Roll trailer market size.
Attributes
Details
Roll Trailer Market CAGR (2022-2032)
3.7%
Roll Trailer Market Value (2022)
US$ 21.66 Bn
Roll Trailer Market Value (2032)
US$ 30.04 Bn
The demand for roll trailers is rising due to growing manufacturing units proliferating, and roll of logistics and shipping is becoming more important than ever. Roll trailer is a trailer that helps in shifting shipping boxes from one end to another while loading them to the shipping vehicle, an unpowered vehicle designed for connection to a truck. As a result, the sales of roll trailers are anticipated to grow during the forecast period.
The sales of roll trailers have increased due to their high efficiency and how it eases the transport of goods cargo. Large government vendors also work on creating opportunities for making new industry-specific roll-on/roll-off trailers while experimenting with the load capacities of roll trailers for efficient operations and varying applications. This is anticipated to boost the sales of roll trailer in multiple markets.
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What are the Key Drivers and Restraints to the Roll trailer Market?
Global seaborne trade, supported by a notable improvement in the global economy, is growing at a fast rate, resulting in positive sentiment regarding the shipping industry. There has also been significant growth in the world’s shipping fleet capacity, contributing to an exponential rise in demand for roll trailers.
Increasing import-export activities around the world remain instrumental to the development of the shipping industry, thereby potentially raising the demand for roll trailer systems. Owing to ease of operation, roll trailer finds increasing application in the industrial sector. The construction industry remains one of the key end-users for roll trailers.
Rising government investments in residential and commercial infrastructure development, especially in developing countries, are estimated to fuel the demand for roll trailers in years ahead, fuelling the sales of roll trailer systems in new markets.
As the competition intensifies with a rising number of new entrants in the roll trailer market share, key players will need to set their products apart to stay ahead of the curve, pushing the sales of roll trailers.
The introduction of cassette systems remains a challenging factor for the manufacturers, as these provide potential benefits over conventional roll trailers, expanding the roll trailer market size.
In addition to enabling an efficient loading/unloading process, cassette systems allow efficient use of deck space, which results in improved transportation and less fuel consumption. Thus, the growing popularity of cassettes is expected to create a hindrance in the growth of the roll trailer market share.
An ongoing trend in the global roll trailer market is ‘customization’. Leading manufacturers are targeted towards offering roll trailers according to customer requirements with customized specifications. For instance, Mafi, a leading manufacturer of roll trailers, offers custom-sized trailers in all possible lengths and widths.
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Which is the Key Roll Trailer Market?
Growth prospects of the roll trailer market are high in East Asia on account of the relatively strong marine industry. In the region, Singapore’s roll trailer market is expected to grow at a relatively high rate. Increasing maritime activities in China and South Korea are further projected to open a window of opportunity in the global roll trailer market.
The emergence of the U.S. as one of the top ten shipping countries in the world is expected to contribute to the growth of the roll trailer market in North America. Shipping and the maritime sectors are among the most important industries in the UK and Germany.
Germany is one of the largest seafaring nations, offering the maritime shipping industry a competitive location for national and international trade activities and increasing the sales of roll trailer systems.
This, in turn, is expected to complement the growth of the roll trailer market in Europe. In Middle East & Africa, countries such as U.A.E., Saudi Arabia, and Kuwait have a large fleet of ships to carry out import, export, and re-export activities. The result is expected to generate considerable demand for roll trailer in the region.
Which are the Key Competitors of the Roll Trailer Market?
The key players of the Roll trailer market are focusing on mergers and collaborations that are fueling the sales of roll trailer.
Key players in the roll trailer market include Triton International Limited, Novatech, Seacom Trailer Systems GmbH, MAFI Transport – Systeme GmbH, Ace Brothers Equipment, QINGDAO CIMC SPECIAL VEHICLES CO. LTD and Phillaya International Trading Co. Ltd.
Recent Market Development:
Triton International Limited have introduced its intermodal roll trailers that pick up heavy and oversized cargo in terminals and on roll-off/roll-on vessels.
Ace Brothers Equipment has upgraded its series of trailers including roll-off and roll-on trailers, enhancing the loading experience with other shipping equipment like tippers, haulers etc, fuelling the sales of roll trailers worldwide.
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Scope Of Report
Report Attribute
Details
Growth Rate
CAGR of 3.7% from 2022 to 2032
Base year for estimation
2021
Historical data
2015 - 2020
Forecast period
2022 - 2032
Quantitative units
Revenue in USD Billion, volume in kilotons, and CAGR from 2022 to 2032
Report coverage
Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments covered
Load Capacity, Attachment, Region
Regional scope
North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand
Country scope
U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa
Key companies profiled
Triton International Limited, Novatech, Seacom Trailer Systems GmbH, MAFI Transport – Systeme GmbH, Ace Brothers Equipment, QINGDAO CIMC SPECIAL VEHICLES CO. LTD and Phillaya International Trading Co. Ltd.
Customization scope
Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options
Avail customized purchase options to meet your exact research needs.
Frequently Asked Questions
What region is the biggest market for the Roll Trailer Market?
Asia Pacific is the biggest markets in the roll trailer market and will be helpful in increasing the roll trailer market size.
Who are the Key Players in the Roll Trailer Market?
Key competitors holding substantial roll trailer market share include Triton International Limited, Novatech, Seacom Trailer Systems GmbH, MAFI Transport – Systeme GmbH.
Which is the Key Driver in the Roll Trailer Market?
Demand for roll trailer is likely to increase with its high use in shipping and logistics industry along with its applications in dockyard, expanding the market space for roll trailer market worldwide.
