The Argentina road freight transport market is projected to exhibit a growth rate (CAGR) of 6.20% during 2024-2032. The increasing industrial production, growth in e-commerce, infrastructure improvements, the rising demand for efficient and reliable delivery services, and government initiatives to enhance transportation networks are some of the major factors propelling the growth of the market across Argentina.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Growth Rate (2024-2032) | 6.20% |
Growth in E-commerce
The rapid expansion of e-commerce is leading to a rise in the demand for efficient and timely delivery services, significantly driving the road freight market. According to the International Trade Administration, E-commerce activity has grown tenfold since 2000 in peso terms. Argentina has over 37 million internet users, the third highest percentage in Latin America after Brazil and Mexico. According to the Argentine Chamber of Information and Communications (CICOMRA), in 2022 Argentina had 26 million urban households with access to computers and 82 percent connected to the internet. Nine out of 10 people use a cell phone, and nine out of 10 use the internet. Network expansion is increasing the availability of WiFi connections in public and privately owned spaces. The Argentine Chamber of Electronic Commerce (CACE) reports that 95 percent of connected Argentine adults (19 million people) have made online purchases at least once. E-commerce in Argentina experienced rapid growth of 87 percent in 2022. Seventy-eight percent of total sales were made by credit card.
Increased Industrial Production
As industrial activities grow, there is a higher demand for the transportation of raw materials and finished goods, thereby facilitating the need for road freight services. According to Trading Economics, industrial production in Argentina plunged by 16.6% year-on-year in April 2024, marking the eleventh consecutive month of contraction but showing a notable improvement from the substantial decline of 21.2% in the previous month, the steepest since May 2020. The improvement was observed across several sectors, including basic metals (-25.7% vs -34.8% in March), other equipment, devices, and instruments (-35.5% vs -42.8%), the manufacturing industry (-35% vs -40.4%), wood, paper, publishing, and printing (-13.7% vs -19.3%), machinery and equipment (-25.1% vs -32.6%), and food and beverages output (-9.3% vs -14.4%), all of which declined at a slower rate.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on temperature control, product type, distance, containerization, destination, and end user.
Temperature Control Insights:
The report has provided a detailed breakup and analysis of the market based on the temperature control. This includes controlled and non-controlled.
Product Type Insights:
A detailed breakup and analysis of the market based on the product type have also been provided in the report. This includes liquid goods and solid goods.
Distance Insights:
The report has provided a detailed breakup and analysis of the market based on the distance. This includes long haul and short haul.
Containerization Insights:
A detailed breakup and analysis of the market based on the containerization have also been provided in the report. This includes containerized and non-containerized.
Destination Insights:
The report has provided a detailed breakup and analysis of the market based on the destination. This includes domestic and international.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes agriculture, fishing and forestry, construction, manufacturing, oil and gas, mining and quarrying, wholesale and retail trade, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Buenos Aires Region, Litoral Region, Northern Region, Cordoba Region, Cuyo Region, and Patagonia Region.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | Billion US$ |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Temperature Controls Covered | Controlled, Non-controlled |
Product Types Covered | Liquid Goods, Solid Goods |
Distances Covered | Long Haul, Short Haul |
Containerizations Covered | Containerized, Non-containerized |
Destinations Covered | Domestic, International |
End Users Covered | Agriculture, Fishing and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, Others |
Regions Covered | Buenos Aires Region, Litoral Region, Northern Region, Cordoba Region, Cuyo Region, Patagonia Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |