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Automotive Trailer Market Analysis & Forecast

  • Writer: Pallavi Garudkar
    Pallavi Garudkar
  • Jan 13
  • 3 min read

According to Fortune Business Insights the global automotive trailer market size was valued at USD 24.11 billion in 2024 and is projected to grow from USD 25.21 billion in 2025 to USD 33.46 billion by 2032, exhibiting a CAGR of 4.1% during the forecast period.  The Automotive Trailer Market includes non-powered vehicles designed to be towed by passenger cars and commercial vehicles for transporting goods, equipment, and materials. Automotive trailers play a critical role in freight transportation, logistics, agriculture, construction, and industrial supply chains.

The market continues to show stable growth, supported by expanding logistics networks, rising e-commerce penetration, increased demand for cold chain transportation, and improvements in trailer safety and efficiency.

Market Share Insights

  • North America holds the largest market share due to a mature logistics ecosystem and high freight movement volumes

  • Europe maintains a strong share, driven by regulated transport systems and demand for specialized trailers

  • Asia Pacific is the fastest-growing region, supported by rapid industrialization and expanding road freight networks

  • South America and Middle East & Africa witness moderate growth aided by infrastructure development

Market Drivers

  • Growth of e-commerce and retail logistics, increasing demand for road freight transport

  • Expansion of cold chain logistics, especially for food and pharmaceutical products

  • Improved highway and transport infrastructure in emerging economies

  • Advancements in trailer design, including lightweight materials and safety features

Market Segmentation

By Vehicle Type

  • Passenger Car Trailers

  • Commercial Vehicle Trailers

  • Two-Wheeler & Utility Trailers

By Trailer Type

  • Dry Van / Box Trailers

  • Refrigerated Trailers

  • Flatbed Trailers

  • Chemical & Liquid Tank Trailers

  • Tipper Trailers

  • Others

By Axle Type

  • Single Axle

  • Tandem Axle

  • Three or More Axles

Regional Analysis

North America

  • Strong dominance supported by large trucking fleets and logistics operators

  • High demand for dry van and refrigerated trailers

Europe

  • Emphasis on regulatory compliance and safety standards

  • Growing usage of specialized and temperature-controlled trailers

Asia Pacific

  • Fastest-growing region driven by expanding manufacturing and retail distribution

  • Increasing investments in transportation infrastructure

South America & Middle East & Africa

  • Steady growth with rising commercial transport activities

  • Increasing adoption in construction and mining sectors

Competitive Landscape

The automotive trailer market is moderately competitive, with global and regional manufacturers focusing on capacity expansion, product diversification, and technological upgrades.

Key Players

  • Great Dane LLC (U.S.)

  • Utility Trailer Manufacturing Company (U.S.)

  • Wabash National Corporation (U.S.)

  • Hyundai Translead (South Korea / U.S.)

  • Schmitz Cargobull AG (Germany)

  • Krone (Fahrzeugwerk Bernard Krone GmbH) (Germany)

  • Kogel Trailer GmbH (Germany)

  • Fliegl Fahrzeugbau GmbH (Germany)

  • CIMC Vehicles Group Co., Ltd. (China)

Key Industry Development:

  • In May 2025, Gormley, Ontario-based Premier Bulk Systems, a subsidiary of the Heniff family of companies, acquired Longhorn Transportation, based in Berry Mills. Premier Bulk Systems operates approximately 120 tractors and 250 trailers with expertise in chemical transport, food-grade transport, rail transloading, ISO depot operations, equipment maintenance, tank cleaning services, and logistics.

  • In December 2024, the bike passenger car and commercial vehicle parts distributor, Alliance Automotive, added 16 new Don-Bur box van lifting deck trailers to its fleet. The 13.6m long units are liveried with ‘NAPA Auto Parts’ branding as Alliance Automotive is the American company’s official UK distributor.

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