Livestock Trailer Market Size Hits USD 2.38 Bn at 3.65% CAGR

Livestock Trailer Market Strategic Analysis & Growth Opportunities

According to market projections, the livestock trailer sector is expected to grow from USD 1.66 billion in 2024 to USD 2.38 billion by 2034, reflecting a CAGR of 3.65%. North America held the highest share of the livestock trailer market while Europe is expected to grow with a significant CAGR during the forecast period.

Livestock Trailer Market Competitive Positioning

The livestock trailer market is forecast to grow from USD 1.72 billion in 2025 to USD 2.38 billion by 2034, driven by a CAGR of 3.65% from 2025 to 2034.

Livestock Trailer Market Size 2024 to 2034 (USD Billion)

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Introduction

The livestock trailer market is a prominent branch of the automotive industry. This industry deals in manufacturing and distribution of trailers for the livestock sector. There are various types of trailers developed in this sector consisting of gooseneck trailers, bumper pull trailers, stock trailers, livestock trailers, custom designed trailers and some others.

These trailers are manufactured using different materials including steel, aluminum, wood, composite and some others. It is used for transporting numerous livestock comprising of cattle, pigs, sheep, horses and some others. The rising production of meat in different regions has played a vital role in shaping the industrial landscape. This market is likely to rise significantly with the growth of the livestock industry around the globe.

Global Meat Production in Million Tons (2013-23)

  • According to the Our World in Data, the global meat production in 2013 was 314.67 million tons that increased to 362.86 million tons in 2023.

Highlights of the Livestock Trailer Market

  • North America held the highest share of the livestock trailer market.
  • Europe is expected to grow with a significant CAGR during the forecast period.
  • By livestock, the cattle segment held a dominant share of the market.
  • By livestock, the pigs segment is predicted to grow with a notable growth rate during the forecast period.
  • By application, the commercial segment held the lion’s share of the market.
  • By application, the personal segment is likely to grow with a considerable growth rate during the forecast period.

Livestock Trailer: Stats and Figures

  • According to the National Chicken Council, the wholesale value of the U.S. broiler chicken industry was around US$ 125 billion in 2024.
  • According to the Our World in Data, around 49.46 million tons of meat was produced in South America during 2023.
  • According to the American Farm Bureau Federation, the inventory of U.S. beef cattle during January 2024 was 28.2 million head.

Livestock Insights

The cattle segment held a dominant share of the market. The growing demand for dairy products such as milk, ghee, curd and some others in the Asia-Pacific region has increased the application of cattle rearing, thereby driving the market growth. Also, several government initiatives aimed at promoting cattle rearing practices coupled with rising demand for beef in countries such as the U.S., Argentina, Pakistan, Uruguay, Brazil and some others is contributing to the industrial expansion. Moreover, surge in demand for leather-based products such as wallets, belts, shoes and some others along with increasing emphasis on manufacturing biogas has boosted the growth of the livestock trailer market.

  • In March 2025, the government of India announced to Rs 3,400 crore. This invest is done to boost the livestock sector in India under the Rashtriya Gokul Mission (RGM).

The pigs segment is predicted to grow with a notable growth rate during the forecast period. The growing demand for pork meat in countries such as Hongkong, Poland, Denmark, South Korea, China and some others has boosted the market growth. Also, government of numerous countries such as India, China, South Korea and some others have started providing subsidized loans to piggery entrepreneurs has further contributed to the industrial expansion. Moreover, the increasing demand for pig-based products including ham, sausage, terrines and some others is expected to drive the growth of the livestock trailer market.

  • According to the Farming Cosmos, in 2021-22, the government of India started to provide subsidized loans to pig cultivators in India. Through this initiative, the government will provide 50% subsidy on loans up to Rs 30 lakhs.

Application Insights

The commercial segment held the lion’s share of the market. The growing demand for gooseneck trailers among meat producers has boosted the market expansion. Also, rapid investment by government in dairy industry for enhancing the transportation of dairy products is another factor that adds up to the industrial growth. Moreover, the rising use of potbelly (PB) trailers and straight-deck trailers in pig companies along with increased preference of consumer towards turkey meat and duck meat in China and Vietnam is driving the growth of the livestock trailer market.

  • In September 2024, the USDA announced to invest around US$ 58 million. This investment is done for strengthening the dairy industry across the U.S.

The personal segment is likely to grow with a considerable growth rate during the forecast period. The rising adoption of livestock practices among individuals for personal uses and utilizing leisure has boosted the market growth. Also, the growing demand for chicken-based products such as eggs and meat to fulfill nutritional needs has further contributed to the industrial expansion. Moreover, the increasing interest of people towards cattle rearing for maintaining good health is also expected to propel the growth of the livestock trailer market.

  • According to the National Chicken Council, in U.S., there were around 20000 families involved in broiler manufacturing sector during 2024.

Geographical Insights

North America held the highest share of the livestock trailer market. The growing demand for beef among the people of the U.S. and Canada has boosted the market growth. Also, the rising investment by government for strengthening the livestock sector along with the rapid popularity of horse racing has contributed to the industrial expansion. Moreover, the presence of several trailer manufacturing brands such as Trail King, Strick Trailers, East Mfg, Premier, and Di-Mond and some others is expected to drive the growth of the livestock trailer market in this region.

The U.S. is a major contributor of this region. The market is generally driven by the rising demand for dairy products as milk and butter. Also, numerous stringent regulations by government agencies related to animal welfare along with rapid adoption of livestock practices in rural areas further contributes to the industrial expansion. Moreover, the growing investment by farmers for adopting advanced trailers to enhance trade activities is also anticipated to proliferate the market growth in this nation.

Europe is expected to grow with a significant CAGR during the forecast period. The growing number of meat consumers in countries such as Germany, Netherlands, UK, France, Georgia, Italy and some others is contributing to the industrial expansion. Also, rapid investment by government for developing the livestock sector along with rising popularity of organic farming has further bolstered the market growth. Additionally, the increasing demand for advanced trailers with modern features such as adequate ventilation, climate control, shock-absorbing systems, and some others is further accelerating the market growth in this region.

France held the largest portion of the market in this region. The market in this nation is generally driven by the rising practices of cattle rearing. Also, France is a leading producer of beef in the European region, that in turn increases the demand for trailers, thereby driving the market growth. Additionally, the rise in number of livestock-based research centers along with presence of numerous trailer manufacturers is driving the industrial expansion in this nation.

Industry Leader Announcement

  • In September 2024, Melissa Hensel, the Business Development Manager at Norstar made an announcement stating that, “Our continued growth has brought the need to develop some additional versatility into the trailer market. The DBB bumper pull roll-off dump brings a compact, convenient design with the same durability and reliability as the gooseneck. We have details and photos recently uploaded to our web site – so make sure to check us out.”

Competitive Landscape

Livestock Trailer Market Companies

The livestock trailer market is a consolidated industry with the presence of several dominating players. Some of the prominent companies in this industry consists of Featherlite, Rolland trailer, Deguillaume authentic, Chalvignac Group, Fortuna Fahrzeugbau, Zavod Kobzarenko, Dangreville, Hillsboro Industries, Ifor Williams Trailers Ltd and some others. These companies are constantly engaged in developing trailers for the livestock sector and adopting numerous strategies such as acquisition, partnerships, collaborations, business expansion, joint venture, product launches and some others to maintain their dominant position in this industry. For instance, in July 2024, Hillsboro Industries launched 500TX. 500TX is a hybrid trailer designed for performing several livestock operations. Also, in October 2023, Featherlite launched 9000 series horse trailers. These trailers are designed for the livestock consumers of the U.S. and Canada.

Recent Developments

  • In September 2024, MP launched Big Beast. Big Beast is a livestock trailer designed for the consumers of Australia and New Zealand.
  • In July 2024, Ifor Williams launched TA510. TA510 is a 16ft livestock trailer equipped with different components including galvanized steel chassis, leaf sprung suspension, aluminum side panels and some others.
  • In March 2024, M.H. Eby, Inc launched Maverick livestock trailer. This trailer is designed for the beef sellers around the world.

Segments Covered in the Report

By Trailer

  • Bumper pull
  • Gooseneck
  • Double deck
  • Horse trailer
  • Others

By Livestock

  • Cattle
  • Pigs
  • Sheep
  • Horses
  • Others

By Application

  • Commercial
  • Personal

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • The Middle East and Africa
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  • Insight Code: 1724
  • No. of Pages: 150
  • Format: PDF/PPT/Excel
  • Last Updated: 22 April 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

About The Author

Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.

FAQ's

North America dominated this industry.

The growing demand for efficient livestock transportation along with rapid investment by government for strengthening the livestock sector has boosted the market growth.

Some of the prominent players of this industry consists of Barrett Trailers, CM Trailers, Delta Trailers, Eby Trailers, Exiss Trailers, Featherlite Trailers, Hillsboro Industries, Merritt Trailers, Sundowner Trailers and some others.

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