Refrigerated Transport Market Trends, Demand, Industry Size, Future Growth and Opportunities During 2021-2026
Refrigerated Transport Market Trends, Demand, Industry Size, Future Growth and Opportunities During 2021-2026
Published by IMARC Services Private Limited
Posted on September 9, 2021
According to the latest report by IMARC Group, titled “Refrigerated Transport Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global refrigerated transport market reached a value of US$ 16.11 Billion in 2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026. Refrigerated transport is a means of transportation intended for the conveyance of perishable products. Some of these products include fruits and vegetables, freshly cut flowers, dairy, meat, and seafood, as well as chemical, hazardous, and pharmaceutical products. Nowadays, refrigerated transport is increasingly being used to deliver goods, as it increases safety and prevents economic losses due to spoilage.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
A rise in the demand for perishable goods has boosted the refrigerated transport market, as it helps in extending the shelf-life of the products while ensuring year-round availability of seasonal goods. Along with this, the increasing adoption of marine transport vehicles owing to their cost-effectiveness, coupled with the rapid manufacturing of temperature-sensitive pharmaceutical drugs, is further projected to drive the market. Besides this, governments of various countries have implemented favorable policies and regulations regarding the production, processing, transportation and quality of products, providing a positive impact on market growth. Moreover, the development of more efficient modes of cold chain logistics and improvement in technology have consequently resulted in an escalating demand for refrigerated vehicles for transporting food products and raw materials in controlled temperatures to facilitate efficient storage.
The competitive landscape of the industry has also been examined with some of the key players being C. H. Robinson, Daikin Industries, FedEx, DB Schenker, General Mills, Hyundai Motor Company, Ingersoll Rand Inc., Krone Commercial Vehicle Group, LAMBERET SAS, United Technologies, Utility Trailer Manufacturing Company, Schmitz Cargobull, Singamas Container, Wabash National, etc.
Breakup by Mode of Transportation:
Refrigerated Road Transport
Refrigerated Sea Transport
Refrigerated Rail Transport
Refrigerated Air Transport
Breakup by Technology:
Vapor Compression Systems
Air-Blown Evaporators
Eutectic Devices
Cryogenic Systems
Breakup by Temperature:
Single-Temperature
Multi-Temperature
Breakup by Application:
Chilled Food Products
Dairy Products
Bakery and Confectionery Products
Fresh Fruits and Vegetables
Others
Frozen Food Products
Frozen Dairy Products
Processed Meat Products
Fish and Seafood Products
Others
Others
Key highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to the latest report by IMARC Group, titled “Refrigerated Transport Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global refrigerated transport market reached a value of US$ 16.11 Billion in 2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026. Refrigerated transport is a means of transportation intended for the conveyance of perishable products. Some of these products include fruits and vegetables, freshly cut flowers, dairy, meat, and seafood, as well as chemical, hazardous, and pharmaceutical products. Nowadays, refrigerated transport is increasingly being used to deliver goods, as it increases safety and prevents economic losses due to spoilage.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
A rise in the demand for perishable goods has boosted the refrigerated transport market, as it helps in extending the shelf-life of the products while ensuring year-round availability of seasonal goods. Along with this, the increasing adoption of marine transport vehicles owing to their cost-effectiveness, coupled with the rapid manufacturing of temperature-sensitive pharmaceutical drugs, is further projected to drive the market. Besides this, governments of various countries have implemented favorable policies and regulations regarding the production, processing, transportation and quality of products, providing a positive impact on market growth. Moreover, the development of more efficient modes of cold chain logistics and improvement in technology have consequently resulted in an escalating demand for refrigerated vehicles for transporting food products and raw materials in controlled temperatures to facilitate efficient storage.
The competitive landscape of the industry has also been examined with some of the key players being C. H. Robinson, Daikin Industries, FedEx, DB Schenker, General Mills, Hyundai Motor Company, Ingersoll Rand Inc., Krone Commercial Vehicle Group, LAMBERET SAS, United Technologies, Utility Trailer Manufacturing Company, Schmitz Cargobull, Singamas Container, Wabash National, etc.
Breakup by Mode of Transportation:
Refrigerated Road Transport
Refrigerated Sea Transport
Refrigerated Rail Transport
Refrigerated Air Transport
Breakup by Technology:
Vapor Compression Systems
Air-Blown Evaporators
Eutectic Devices
Cryogenic Systems
Breakup by Temperature:
Single-Temperature
Multi-Temperature
Breakup by Application:
Chilled Food Products
Dairy Products
Bakery and Confectionery Products
Fresh Fruits and Vegetables
Others
Frozen Food Products
Frozen Dairy Products
Processed Meat Products
Fish and Seafood Products
Others
Others
Key highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800