Platform Trailer Manufacturing in North America: 40,000+ Units in a $1.3 Billion Market in 2018
This market research report examines platform and curtain side trailer fabrication in the United States, Canada and Mexico.
Over forty thousand units were manufactured by 69 companies in the USMCA (ex-NAFTA) market in 2018, for a combined annual output of $1.3 billion. The platform trailer segment is a fragmented market, with a large number of regional manufacturers. Despite this, the segment is dominated by the leading players, with the ten leading fabricators accounting for close to 80% of total units. Mexican manufacturers have also increased their participation, indicating that their favourable price point is assisting in market share gains. Many platform trailer manufacturers also fabricate other types of trailers, such as dump and tank trailers.
The construction industry is the main customer segment for platform trailers. Demand for these trailers is directly linked to the level of construction activity in the United States and Canada. Total construction starts in 2019 are expected to remain flat over 2018. However, demand for platform trailers is projected to grow moderately through 2020, with replacement demand expected to be the main demand driver after 2019.
Curtain side trailers are a niche segment, and only two manufacturers fabricate these trailers in-house. Demand for curtain side trailers is mainly fulfilled by dealers of platform trailers who convert flatbed/drop deck units into curtain side trailers based on customer requirements.
The report includes an Excel database with market size and competitive share breakouts in units and dollars for all 69 manufacturers included.
The report can be put to immediate use for sales and market planning, M&A identification, competitive share analysis, alliances and technology transfer considerations.
Table of Contents
1 Scope
