Product Code: ETC026210 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam truck/lorry trailers market has experienced notable growth and transformation between the years 2025 and 2031. This growth can be attributed to the country`s burgeoning logistics and transportation sector, driven by the expansion of industries and an increasing demand for efficient freight movement. Truck/lorry trailers play a crucial role in facilitating the transportation of goods and materials across the country, making them an indispensable part of the supply chain. The market has witnessed various developments, including technological advancements, increased manufacturing capacities, and rising investments in transportation infrastructure.
Several key drivers have contributed to the growth of the truck/lorry trailers market in Vietnam. Firstly, the country`s rapid economic growth has led to a surge in industrial activities, thereby driving the demand for transportation services. As industries expand their operations, there is a growing need for the efficient movement of raw materials and finished goods, and truck/lorry trailers provide a flexible and reliable solution for such transportation requirements. Secondly, the rise of e-commerce and increased consumer spending has boosted the demand for logistics services, further fueling the demand for truck/lorry trailers. These trailers are vital for last-mile delivery and the distribution of goods from warehouses to end consumers, enabling businesses to meet customer expectations for timely and reliable deliveries. Moreover, the government`s focus on infrastructure development, such as roads, highways, and ports, has facilitated smoother transportation operations. Improved transportation infrastructure has enhanced the efficiency of logistics operations, encouraging businesses to invest in modern and well-equipped truck/lorry trailers for cost-effective and time-efficient transportation.
Despite the promising growth prospects, the truck/lorry trailers market in Vietnam faces several challenges. One of the significant challenges is the insufficient road infrastructure in certain regions, leading to congestion and delays in transportation. Inadequate roads and poor connectivity can hinder the seamless movement of trailers, impacting supply chain efficiency and increasing operational costs for businesses. Another challenge is the rising fuel prices, which can significantly impact the operating expenses of transportation companies. Truck/lorry trailers heavily rely on diesel fuel, and fluctuations in fuel prices can create uncertainty for industry players. Finding ways to improve fuel efficiency and exploring alternative energy sources becomes crucial to mitigate this challenge.
The outbreak of the Covid-19 pandemic had a significant impact on the truck/lorry trailers market in Vietnam. During the initial phases of the pandemic, the transportation and logistics sector faced disruptions due to lockdowns and movement restrictions. The slowdown in economic activities resulted in reduced freight volumes and disrupted supply chains, leading to a temporary decline in the demand for truck/lorry trailers. However, as the country gradually eased restrictions and economic activities resumed, the demand for transportation services rebounded. The pandemic highlighted the importance of a resilient and efficient logistics sector, and businesses realized the need to invest in modern and reliable truck/lorry trailers to meet changing market dynamics.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Truck / Lorry Trailers Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Truck / Lorry Trailers Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Truck / Lorry Trailers Market - Industry Life Cycle |
3.4 Vietnam Truck / Lorry Trailers Market - Porter's Five Forces |
3.5 Vietnam Truck / Lorry Trailers Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Vietnam Truck / Lorry Trailers Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Vietnam Truck / Lorry Trailers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Truck / Lorry Trailers Market Trends |
6 Vietnam Truck / Lorry Trailers Market, By Types |
6.1 Vietnam Truck / Lorry Trailers Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Truck / Lorry Trailers Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Vietnam Truck / Lorry Trailers Market Revenues & Volume, By Articulated Dump Trucks, 2021-2031F |
6.1.4 Vietnam Truck / Lorry Trailers Market Revenues & Volume, By Electric Dump Trucks, 2021-2031F |
6.1.5 Vietnam Truck / Lorry Trailers Market Revenues & Volume, By Mechanical Dump Trucks, 2021-2031F |
6.2 Vietnam Truck / Lorry Trailers Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Truck / Lorry Trailers Market Revenues & Volume, By Mining Industry, 2021-2031F |
6.2.3 Vietnam Truck / Lorry Trailers Market Revenues & Volume, By Achitechive, 2021-2031F |
6.2.4 Vietnam Truck / Lorry Trailers Market Revenues & Volume, By Municipal Services, 2021-2031F |
6.2.5 Vietnam Truck / Lorry Trailers Market Revenues & Volume, By Other, 2021-2031F |
7 Vietnam Truck / Lorry Trailers Market Import-Export Trade Statistics |
7.1 Vietnam Truck / Lorry Trailers Market Export to Major Countries |
7.2 Vietnam Truck / Lorry Trailers Market Imports from Major Countries |
8 Vietnam Truck / Lorry Trailers Market Key Performance Indicators |
9 Vietnam Truck / Lorry Trailers Market - Opportunity Assessment |
9.1 Vietnam Truck / Lorry Trailers Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Vietnam Truck / Lorry Trailers Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Vietnam Truck / Lorry Trailers Market - Competitive Landscape |
10.1 Vietnam Truck / Lorry Trailers Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Truck / Lorry Trailers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |