Report Description

Global Truck Trailer market is expected to grow at a CAGR of around 6.18%, in terms of value over the next five years, on the back of continuously improving road infrastructure, long distance transportation and large number of construction activities taking place around the world.

Global Truck Trailer market can be segmented based on by Application Type, by Truck Tonnage Capacity, by Trailer Type, by Vehicle Type, by Company and by Region. Based on region, Global Truck Trailer Market is segmented into North America, Asia Pacific, Europe, South America, Middle East and Africa with Asia Pacific, and North America dominating the market over other regions by a fair margin. Among all the countries, the United States is dominating the market based on Truck-Trailer sales. The Global Truck Trailer market is anticipated to be valued at USD504.98 billion in year 2026. The increasing number of truck sales every year is driving the truck trailer sales with it, thus keeping the truck trailer market to grow continuously. Truck trailers have applications worldwide, making it an in-demand product all the time and across the globe. Majorly truck trailers are used in sectors like Logistics, Mining, Construction, Retail, Oil and Gas, Agriculture, etc. As of 2019, According to the National Action Plans on Business and Human Rights, there are approximately 400 million small and medium-sized enterprises globally, and the number is anticipated to increase even further with the growing urbanization all around the world. Most small and medium sized enterprises need trucks to grow their business continuously. Due to the unendingly growing establishments of SMEs the sales of truck trailers are continuously increasing globally. Moreover, due to the expanding global economy and increasing per capita income, the production of two-wheelers and four-wheeler vehicles have been increasing globally. The growing sales of two-wheelers and four-wheelers globally is also necessitating the need for truck trailers for transportation of these vehicles which is driving the truck trailer sales globally. Heavy Duty Trucks and Medium Duty Trucks are highly used in construction and mining. These trucks are equipped with truck trailers that are used to carry machineries and need raw materials for the construction and mining activities. With the growing urbanization and the increasing demand for construction activities the need of truck trailers is increasing in the countries across the globe.

In 2020, truck trailer sales declined in comparison to 2019 as countries around the world underwent strict lockdown in the second and third quarter of 2020 as a measure to counter the spread of the COVID-19. The lockdown resulted in the temporary closing down of all factories, including truck trailer manufacturing facilities, resulting in production loss of truck trailers. Furthermore, the governments of most of the COVID-19 affected countries infused social distancing norms that limited the number of workers working at any given point in the same facility. Such measures hampered the workflow of truck trailer manufacturing facilities temporarily. Nevertheless, the market is showing positive signs of recovery and is anticipated to recover in around two years.

Some of the major market players operating globally in truck trailer market are China International Marine Containers (Group) ltd., Wabash National Corporation, Schmitz Cargobull, Great Dane LLC, Hyundai Translead Inc., Utility Trailer Manufacturing company, Krone Commercial Vehicle Group, STI HOLDINGS INC, Kogel Trailer GmbH, Wielton etc. Apart from these companies, local unorganized manufacturers are also increasing their marketing activities and enriching their product portfolio in different regions to increase their customer outreach.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021E

Forecast Period: 2022F-2026F

Objective of the Study:

  • To analyze the historical growth in the market size of Global Truck Trailer market, in terms of value and volume, from 2016 to 2020.
  • To estimate and forecast the market size of Global Truck Trailer Market from 2021 to 2026 and growth rate until 2026.
  • To assess the demand-supply scenario of truck trailers which covers production, demand, supply, and net inventory status of truck trailers globally.
  • To analyze and forecast the market size of truck trailer in terms of value as well as volume.
  • To classify and forecast global Truck Trailer market based on trailer type, size and regional distribution.
  • To identify drivers and challenges for global Truck Trailer market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global Truck Trailer market.
  • To conduct the pricing analysis for Truck Trailer market.
  • To identify and analyze the profile of leading players involved in the manufacturing of truck trailers.


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To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of Truck Trailer manufacturers and dealers operating globally. Subsequently, TechSci Research conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings, distribution channels, and regional presence of all major truck trailer supplier across the globe.

TechSci Research calculated the market size of Global Truck Trailer market using a top-down technique, wherein manufacturers’ volume sales data for different applications, were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as National Association of Automobile Manufacturers of South Africa (NAAMSA), American Trucking Association, OICA, Company Websites, company annual reports, white papers, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Technology investors and government and financial institutions
  • End users of Truck Trailers
  • Research organizations and consulting companies
  • Research Institutes
  • Associations, organizations, forums and alliances related to truck trailers
  • Truck trailer manufacturing companies
  • Industry associations
  • Market research and consulting firm


The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Truck Trailer manufacturers, distributors and dealers, customers, and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Global Truck Trailer Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Truck Trailer Market, By Application Type:
    • Logistics
    • Construction
    • Mining
    • Others
  • Global Truck Trailer Market, By Truck Tonnage Capacity:
    • Class1
    • Class2
    • Class3
    • Class4
    • Class5
    • Class6
    • Class7
    • Class8
  • Global Truck Trailer Market, By Trailer Type:
    • Flat Bed Trailer
    • Dry Vans
    • Refrigerated Trailers
    • Multi car Trailer
    • Stretch Drop Deck Trailer
    • Lowboy trailer
    • Others
  • Global Truck Trailer Market, By Application Type:
    • Light Duty
    • Heavy Duty
    • Medium Duty
  • Global Truck Trailer Market, By Region:
    • North America

§  United States

§  Canada

§  Mexico

    • Asia Pacific:

§  China

§  Japan

§  India 

§  Australia

§  Indonesia

    • Europe:

§  France

§  Germany

§  United Kingdom

§  Italy

§  Spain

    • South America

§  Brazil

§  Argentina

§  Chile

§  Colombia

    • Middle East and Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Iran

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global truck trailer market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Raw Material Analysis

  • Detailed list of different raw materials used in production of truck trailers, list of existing suppliers of raw materials, pricing analysis of raw materials, analysis of difference between imported and domestically procured raw materials.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

4.1.  Factors Influencing Purchase Decision

4.2.  Influencer of Purchase

4.3.  Aided and Unaided Brand Recall

5.    Global Truck Trailer Market Production Overview

6.    Global Truck Trailer Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume      

6.2.  Market Share, & Forecast

6.2.1.     By Application Type (Logistics, Construction, Mining)

6.2.2.     By Truck Tonnage Capacity (Class1, Class2, Class3 Class4, Class5, Class6, Class7, Class8)

6.2.3.     By Trailer Type (Flat Bed Trailer, Dry Vans, Refrigerated Trailers, Multi Car Trailers, Stretch Drop Deck Trailer, Lowboy Trailer)

6.2.4.     By Vehicle Type (Light Duty, Heavy Duty, Medium Duty)

6.2.5.     By Company (2020)

6.2.6.     By Region

6.3.  Product Market Map (By Trailer Type)

6.4.  Product Market Map (By Region)

7.    North America Truck Trailer Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume      

7.2.  Market Share, & Forecast

7.2.1.     By Application Type

7.2.2.     By Truck Tonnage Capacity

7.2.3.     By Trailer Type

7.2.4.     By Vehicle Type

7.2.5.     By Country

7.3.  Product Market Map (By Trailer Type)

7.4.  Product Market Map (By Country)

7.5.  North America: Country Analysis

7.5.1.     United States Truck Trailer Market Outlook

7.5.1.1.         Market Size & Forecast

7.5.1.1.1.             By Value & Volume

7.5.1.2.         Market Share, & Forecast

7.5.1.2.1.             By Application Type

7.5.1.2.2.             By Truck Tonnage Capacity

7.5.1.2.3.             By Trailer Type

7.5.1.2.4.             By Vehicle Type

7.5.2.     Canada Truck Trailer Market Outlook

7.5.2.1.         Market Size & Forecast

7.5.2.1.1.             By Value & Volume

7.5.2.2.         Market Share, & Forecast

7.5.2.2.1.             By Application Type

7.5.2.2.2.             By Truck Tonnage Capacity

7.5.2.2.3.             By Trailer Type

7.5.2.2.4.             By Vehicle Type

7.5.3.     Mexico Truck Trailer Market Outlook

7.5.3.1.         Market Size & Forecast

7.5.3.1.1.             By Value & Volume

7.5.3.2.         Market Share, & Forecast

7.5.3.2.1.             By Application Type

7.5.3.2.2.             By Truck Tonnage Capacity

7.5.3.2.3.             By Trailer Type

7.5.3.2.4.             By Vehicle Type

8.    Asia Pacific Truck Trailer Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume      

8.2.  Market Share, & Forecast

8.2.1.     By Application Type

8.2.2.     By Truck Tonnage Capacity

8.2.3.     By Trailer Type

8.2.4.     By Vehicle Type

8.2.5.     By Country

8.3.  Product Market Map (By Trailer Type)

8.4.  Product Market Map (By Country)

8.5.  Asia Pacific: Country Analysis

8.5.1.      China Truck Trailer Market Outlook

8.5.1.1.         Market Size & Forecast

8.5.1.1.1.             By Value & Volume

8.5.1.2.         Market Share, & Forecast

8.5.1.2.1.             By Application Type

8.5.1.2.2.             By Truck Tonnage Capacity

8.5.1.2.3.             By Trailer Type

8.5.1.2.4.             By Vehicle Type

8.5.2.     Japan Truck Trailer Market Outlook

8.5.2.1.         Market Size & Forecast

8.5.2.1.1.             By Value & Volume

8.5.2.2.         Market Share, & Forecast

8.5.2.2.1.             By Application Type

8.5.2.2.2.             By Truck Tonnage Capacity

8.5.2.2.3.             By Trailer Type

8.5.2.2.4.             By Vehicle Type

8.5.3.     India Truck Trailer Market Outlook

8.5.3.1.         Market Size & Forecast

8.5.3.1.1.             By Value & Volume

8.5.3.2.         Market Share, & Forecast

8.5.3.2.1.             By Application Type

8.5.3.2.2.             By Truck Tonnage Capacity

8.5.3.2.3.             By Trailer Type

8.5.3.2.4.             By Vehicle Type

8.5.4.     Australia Truck Trailer Market Outlook

8.5.4.1.         Market Size & Forecast

8.5.4.1.1.             By Value & Volume

8.5.4.2.         Market Share, & Forecast

8.5.4.2.1.             By Application Type

8.5.4.2.2.             By Truck Tonnage Capacity

8.5.4.2.3.             By Trailer Type

8.5.4.2.4.             By Vehicle Type

8.5.5.     Indonesia Truck Trailer Market Outlook

8.5.5.1.         Market Size & Forecast

8.5.5.1.1.             By Value & Volume

8.5.5.2.         Market Share, & Forecast

8.5.5.2.1.             By Application Type

8.5.5.2.2.             By Truck Tonnage Capacity

8.5.5.2.3.             By Trailer Type

8.5.5.2.4.             By Vehicle Type

9.    Europe Truck Trailer Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume      

9.2.  Market Share, & Forecast

9.2.1.     By Application Type

9.2.2.     By Truck Tonnage Capacity

9.2.3.     By Trailer Type

9.2.4.     By Vehicle Type

9.2.5.     By Country

9.3.  Product Market Map (By Trailer Type)

9.4.  Product Market Map (By Country)

9.5.  Europe: Country Analysis

9.5.1.     France Truck Trailer Market Outlook

9.5.1.1.         Market Size & Forecast

9.5.1.1.1.             By Value & Volume

9.5.1.2.         Market Share, & Forecast

9.5.1.2.1.             By Application Type

9.5.1.2.2.             By Truck Tonnage Capacity

9.5.1.2.3.             By Trailer Type

9.5.1.2.4.             By Vehicle Type

9.5.2.     Germany Truck Trailer Market Outlook

9.5.2.1.         Market Size & Forecast

9.5.2.1.1.             By Value & Volume

9.5.2.2.         Market Share, & Forecast

9.5.2.2.1.             By Application Type

9.5.2.2.2.             By Truck Tonnage Capacity

9.5.2.2.3.             By Trailer Type

9.5.2.2.4.             By Vehicle Type

9.5.3.     United Kingdom Truck Trailer Market Outlook

9.5.3.1.         Market Size & Forecast

9.5.3.1.1.             By Value & Volume

9.5.3.2.         Market Share, & Forecast

9.5.3.2.1.             By Application Type

9.5.3.2.2.             By Truck Tonnage Capacity

9.5.3.2.3.             By Trailer Type

9.5.3.2.4.             By Vehicle Type

9.5.4.     Italy Truck Trailer Market Outlook

9.5.4.1.         Market Size & Forecast

9.5.4.1.1.             By Value & Volume

9.5.4.2.         Market Share, & Forecast

9.5.4.2.1.             By Application Type

9.5.4.2.2.             By Truck Tonnage Capacity

9.5.4.2.3.             By Trailer Type

9.5.4.2.4.             By Vehicle Type

9.5.5.     Spain Truck Trailer Market Outlook

9.5.5.1.         Market Size & Forecast

9.5.5.1.1.             By Value & Volume

9.5.5.2.         Market Share, & Forecast

9.5.5.2.1.             By Application Type

9.5.5.2.2.             By Truck Tonnage Capacity

9.5.5.2.3.             By Trailer Type

9.5.5.2.4.             By Vehicle Type

10.  South America Truck Trailer Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume      

10.2.              Market Share, & Forecast

10.2.1.  By Application Type

10.2.2.  By Truck Tonnage Capacity

10.2.3.  By Trailer Type

10.2.4.  By Vehicle Type

10.2.5.  By Country

10.3.              Product Market Map (By Trailer Type)

10.4.              Product Market Map (By Country)

10.5.              South America: Country Analysis

10.5.1.  Brazil Truck Trailer Market Outlook

10.5.1.1.      Market Size & Forecast

10.5.1.1.1.           By Value & Volume

10.5.1.2.      Market Share, & Forecast

10.5.1.2.1.           By Application Type

10.5.1.2.2.           By Truck Tonnage Capacity

10.5.1.2.3.           By Trailer Type

10.5.1.2.4.           By Vehicle Type

10.5.2.  Argentina Truck Trailer Market Outlook

10.5.2.1.      Market Size & Forecast

10.5.2.1.1.           By Value & Volume

10.5.2.2.      Market Share, & Forecast

10.5.2.2.1.           By Application Type

10.5.2.2.2.           By Truck Tonnage Capacity

10.5.2.2.3.           By Trailer Type

10.5.2.2.4.           By Vehicle Type

10.5.3.  Chile Truck Trailer Market Outlook

10.5.3.1.      Market Size & Forecast

10.5.3.1.1.           By Value & Volume

10.5.3.2.      Market Share, & Forecast

10.5.3.2.1.           By Application Type

10.5.3.2.2.           By Truck Tonnage Capacity

10.5.3.2.3.           By Trailer Type

10.5.3.2.4.           By Vehicle Type

10.5.4.  Colombia Truck Trailer Market Outlook

10.5.4.1.      Market Size & Forecast

10.5.4.1.1.           By Value & Volume

10.5.4.2.      Market Share, & Forecast

10.5.4.2.1.           By Application Type

10.5.4.2.2.           By Truck Tonnage Capacity

10.5.4.2.3.           By Trailer Type

10.5.4.2.4.           By Vehicle Type

11.  Middle East and Africa Truck Trailer Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume      

11.2.              Market Share, & Forecast

11.2.1.  By Application Type

11.2.2.  By Truck Tonnage Capacity

11.2.3.  By Trailer Type

11.2.4.  By Vehicle Type

11.2.5.  By Country

11.3.              Product Market Map (By Trailer Type)

11.4.              Product Market Map (By Country)

11.5.              Middle East and Africa: Country Analysis

11.5.1.  South Africa Truck Trailer Market Outlook

11.5.1.1.      Market Size & Forecast

11.5.1.1.1.           By Value & Volume

11.5.1.2.      Market Share, & Forecast

11.5.1.2.1.           By Application Type

11.5.1.2.2.           By Truck Tonnage Capacity

11.5.1.2.3.           By Trailer Type

11.5.1.2.4.           By Vehicle Type

11.5.2.  Saudi Arabia Truck Trailer Market Outlook

11.5.2.1.      Market Size & Forecast

11.5.2.1.1.           By Value & Volume

11.5.2.2.      Market Share, & Forecast

11.5.2.2.1.           By Application Type

11.5.2.2.2.           By Truck Tonnage Capacity

11.5.2.2.3.           By Trailer Type

11.5.2.2.4.           By Vehicle Type

11.5.3.  Iran Truck Trailer Market Outlook

11.5.3.1.      Market Size & Forecast

11.5.3.1.1.           By Value & Volume

11.5.3.2.      Market Share, & Forecast

11.5.3.2.1.           By Application Type

11.5.3.2.2.