Refrigerated Trucks Market Share In India 2021-26: Size, Trends, Industry Growth and Forecast Report
Refrigerated Trucks Market Share In India 2021-26: Size, Trends, Industry Growth and Forecast Report
Published by IMARC Services Private Limited
Posted on October 8, 2021
The India Refrigerated Trucks Marketto grow at a CAGR of 19% during (2021-2026), according to the latest report by IMARC Group. The report provides a detailed analysis of the market by Vehicle Capacity GVW, Sector, Body Type, Application, Region. Also, the report analyzes the market’s competitive landscape.
Refrigerated trucks are the vehicles designed to carry perishable goods at lower temperatures to prevent contamination or spoilage. These trucks are mainly equipped with a mechanical refrigerating system containing dry ice (solid carbon dioxide) as a cooling agent that maintains the temperature below the freezing point. As a result, refrigerated trucks are widely used to transport various temperature-sensitive items, such as meat, fish, dairy products, fruits, vegetables, pharmaceuticals, confectioneries, etc.
Note: 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.
Market Trends and Drivers:
The expanding cold chain logistics sector in India is primarily catalyzing the market growth for refrigerated trucks. Furthermore, the increasing consumer inclination towards frozen, processed, and ready-to-eat food variants, due to busy work schedules and sedentary lifestyles of the consumers, is further propelling the market growth. Besides this, with the proliferation of e-commerce platforms, the availability of food products is witnessing a rise across numerous online distribution channels. This is also augmenting the adoption of refrigerated trucks for supply-based applications. Besides this, continuous advancements in the healthcare sector, especially in light of the COVID-19 pandemic outbreak, have resulted in the increased need for safe transportation of temperature-sensitive products, such as vaccines, clinical trial materials, biopharmaceuticals, etc. Moreover, the growing incorporation of phase change material (PCM) in truck refrigeration systems to offer improved energy efficiency is expected to further strengthen the market in the coming years.
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
Olivia Anderson Marketing Manager 30 N Gould St, Ste R Sheridan, WY 82801, USA Email: sales@imarcgroup.com Website: https://www.imarcgroup.com LinkedIn: https://in.linkedin.com/company/imarc-group
The India Refrigerated Trucks Marketto grow at a CAGR of 19% during (2021-2026), according to the latest report by IMARC Group. The report provides a detailed analysis of the market by Vehicle Capacity GVW, Sector, Body Type, Application, Region. Also, the report analyzes the market’s competitive landscape.
Refrigerated trucks are the vehicles designed to carry perishable goods at lower temperatures to prevent contamination or spoilage. These trucks are mainly equipped with a mechanical refrigerating system containing dry ice (solid carbon dioxide) as a cooling agent that maintains the temperature below the freezing point. As a result, refrigerated trucks are widely used to transport various temperature-sensitive items, such as meat, fish, dairy products, fruits, vegetables, pharmaceuticals, confectioneries, etc.
Note: 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.
Market Trends and Drivers:
The expanding cold chain logistics sector in India is primarily catalyzing the market growth for refrigerated trucks. Furthermore, the increasing consumer inclination towards frozen, processed, and ready-to-eat food variants, due to busy work schedules and sedentary lifestyles of the consumers, is further propelling the market growth. Besides this, with the proliferation of e-commerce platforms, the availability of food products is witnessing a rise across numerous online distribution channels. This is also augmenting the adoption of refrigerated trucks for supply-based applications. Besides this, continuous advancements in the healthcare sector, especially in light of the COVID-19 pandemic outbreak, have resulted in the increased need for safe transportation of temperature-sensitive products, such as vaccines, clinical trial materials, biopharmaceuticals, etc. Moreover, the growing incorporation of phase change material (PCM) in truck refrigeration systems to offer improved energy efficiency is expected to further strengthen the market in the coming years.
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
Olivia Anderson Marketing Manager 30 N Gould St, Ste R Sheridan, WY 82801, USA Email: sales@imarcgroup.com Website: https://www.imarcgroup.com LinkedIn: https://in.linkedin.com/company/imarc-group