In 2020, the rail freight market was worth some 247.4 billion U.S. dollars worldwide. Projections estimate that the market will grow to almost 280 billion U.S. dollars in 2026, at a compound annual growth rate of about two percent per year.
Projected global rail freight market size between 2020 and 2026
(in billion U.S. dollars)
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Market size in billion U.S. dollars
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This Statista estimate is based on the 2020 value and the compound annual growth rate until 2026 of two percent, which were provided by the source. An exponential development of the value was assumed.
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Mordor Intelligence. (September 2, 2021). Projected global rail freight market size between 2020 and 2026 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1261412/rail-freight-market-worldwide-forecast/
Mordor Intelligence. "Projected global rail freight market size between 2020 and 2026 (in billion U.S. dollars)." Chart. September 2, 2021. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1261412/rail-freight-market-worldwide-forecast/
Mordor Intelligence. (2021). Projected global rail freight market size between 2020 and 2026 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1261412/rail-freight-market-worldwide-forecast/
Mordor Intelligence. "Projected Global Rail Freight Market Size between 2020 and 2026 (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Sep 2021, https://www.statista.com/statistics/1261412/rail-freight-market-worldwide-forecast/
Mordor Intelligence, Projected global rail freight market size between 2020 and 2026 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1261412/rail-freight-market-worldwide-forecast/ (last visited September 01, 2024)
Projected global rail freight market size between 2020 and 2026 (in billion U.S. dollars) [Graph], Mordor Intelligence, September 2, 2021. [Online]. Available: https://www.statista.com/statistics/1261412/rail-freight-market-worldwide-forecast/