Published by Coherent Market Insights
Posted on September 20, 2021
4 min readLast updated: February 5, 2026
The global refrigerated transport market is set to grow due to increased demand for vaccines and safe food. Key players and technological advancements are driving this expansion.
United States/WA: The global Refrigerated Transport Market is estimated to account for US$ 27.21 billion by 2027
Report Pages:[180 Pages]
The Competitive Area of the Refrigerated Transport Market is Defined by Key Players Like: —United Technologies Corporation, Daikin Industries, Ltd., Ingersoll-Rand plc., China International Marine Containers (Group) Co., Ltd., Schmitz Cargobull Aktiengesellschaft, Utility Trailer Manufacturing Company, Singamas Container Holdings Limited, Hyundai Motor Company, Lamberet SAS, and Wabash National Corporation, Mitsubishi Heavy Industries, Ltd., and Great Dane Trailers
The Global Refrigerated Transport Market is expected to continue to expand as demand for safe and high-quality food continues to rise. Refrigerators have been used to prolong the shelf life of perishable food and keep its optimum fresh quality, minimizing the possibilities of bacterial contamination. Moreover, with the increasing population of people living in urban areas, there is an increased need for refrigerated transport services to ensure that food safety standards are maintained. The refrigerated transportation market is also expected to expand because of advancements in refrigerated systems, most notably advanced technical solutions designed by refrigerated transport services providers to minimize the environmental impact on companies’ products.
The increasing demand of refrigerated transport solutions in F&B sector can be attributed to the increasing demand of safe and efficient food to ensure complete food safety, as well as reduced risk of food borne diseases. Each year worldwide, unsafe food causes 600 million cases of foodborne diseases and 420 000 deaths. 30% of foodborne deaths occur among children under 5 years of age. The F&B sector is also witnessing increasing demand for prepared and packaged food and products, which is expected to propel growth of the refrigerated transport market. For instance, according to the U.S Department of Agriculture, export of prepared food from U.S. increased from US$ 5, 849 million in 2015 to US$ 6,682 million in 2019.
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Players in the refrigerated transport market have a wide range of refrigerated transport products, designed to meet different product requirements around the world. Some of the refrigerated transport systems are designed for delivery of pharmaceuticals. With the emergence of Covid-19, the demand for vaccines has skyrocketed, which in turn has offered lucrative growth opportunities for players in the refrigerated transport market. Globally, as of 7:07pm CEST, 9 August 2021, there have been 202,608,306 confirmed cases of COVID-19, including 4,293,591 deaths, reported to WHO. As of 8 August 2021, a total of 4,033,274,676 vaccine doses have been administered.
The refrigerated transport market is witnessing launch of new products. For instance, in August 2021, Thermo King launched T-80E series units for refrigerated trucks across the Asia Pacific market. The capacity of T-80E series units on engine power ranges from 7100W to 8150W when the return air to evaporator is at 0℃, and from 3700W to 4100W at -20℃.
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The post [PDF] Global Refrigerated Transport Market to Continue To Expand As Demand for Vaccines and Safe and High-Quality Food Continues To Rise appeared first on Gatorledger.
The article discusses the growth of the global refrigerated transport market driven by demand for vaccines and safe food.
Key players include United Technologies Corporation, Daikin Industries, and Ingersoll-Rand plc.
Increased demand for vaccines, safe food, and advancements in refrigerated systems are driving market growth.
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