Refrigerated Trailer Market, By Product Type (Frozen and Chilled), End-use Industry (Diary, Fruit& Vegetables, Meat & Seafood and Others(Medicines, Bakery, etc.)), and by Region (North America, Latin America, Europe, APAC and Middle East & Africa) - Size,

Refrigerated Trailer Market, By Product Type (Frozen and Chilled), End-use Industry (Diary, Fruit& Vegetables, Meat & Seafood and Others(Medicines, Bakery, etc.)), and by Region (North America, Latin America, Europe, APAC and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

A refrigerated trailer is a part of van or truck used to transport perishable goods at specific temperature. Refrigerated trailers are available in two different ranges namely positive temperature range for chilled ones and negative temperature range for carrying frozen food products. Refrigerated trailers are designed Refrigerated trucks are used for transportation of perishable products such as fish, meat, vegetables, fruits, flowers, dairy products, and poultry products. Moreover, these trucks are used by shippers to make products fresh by providing them temperature and also protect these products and materials against any damage. The most commonly used refrigerated trailers or trucks are 16 m (53’) long, with height of around 2.5 m for single deck and over 4 m for a double deck. This, in turn, these factors are expected to drive the growth of global refrigerated trailer market.

Market Dynamics

Increased demand for perishable products such as fruits, vegetables, meat and seafood is the major factor driving the growth of global refrigerated trailer market. The rising demand for various dairy products is also affecting the demand of this market. Consumers all over the world are consuming dairy products in their everyday diet as a good source of proteins and minerals. Consumption of dairy products is increasing due to easy availabity in the market. The transportation of the dairy products required cold chains and refrigerated trucks with temperature controlled environment in order to prevent products from spoilage and maintains safety. Rising health awareness regarding dairy products such as cheese and milk is also leading the market of refrigerated trucks. According to the U.S. Department of Agriculture, in 2019, annual milk production in the U.S. reached 218,322 mil lb., increased from 215,527 mil lb. in 2017. Moreover, according to Our World in Data, an online publication journal, global milk production reached 800 million ton in 2018.

Government of various emerging economies in Asia-Pacific region such as India and China are focused on improving food preservation and transportation, and also increasing food safety. They have started to implement stringent regulatory policies and norms in food and beverage sector. This, in turn, is expected to drive the demand for effective refrigerated trailers owing to high demand for perishable food and dairy products in this region. Logistics companies are designed with advanced technology to identify changing consumers demands and which help in improving efficiency by using these refrigerated trailers. Hence, these factors are expected to support the global refrigerated trailer market in the near future.

Market Taxonomy

This report segments the global refrigerated trailer market on the basis of by product type, by end-use industry, and region. On the basis of product type, the global refrigerated trailer market is segmented into Frozen and Chilled. On the basis of end-use industry, global refrigerated trailer market is segmented into Diary, Fruit& Vegetables, Meat & Seafood and Others (Medicines, Bakery, etc.). On the basis of region, global refrigerated trailer market is segmented into North America, Latin America, Europe, APAC, Middle East and Africa.

Key features of the study:

• This report provides an in-depth analysis of the global refrigerated trailer market and provides market size (US$ million & thousand units) and compound annual growth rate (CAGR %) for the forecast period (2019-2027), considering 2018 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the global refrigerated trailer market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered in the global refrigerated trailer market includes Kögel Trailer GmbH & Co. KG, Wabash National Commercial Trailer Products, Randon Implementos, Great Dane Trailers, Inc., Gray & Adams Ltd., Utility Trailer Manufacturing Company, Hyundai Translead, Montracon Ltd., Schmitz Cargobull AG, Lamberet Refrigerated SAAS, and Fahrzeugwerk Bernard KRONE GmbH.
• These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
• The global refrigerated trailer market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global refrigerated trailer market.

Detailed Segmentation:

• Global Refrigerated Trailer Market, By Product Type:
• Frozen
• Chilled
• Global Refrigerated Trailer Market, By End-use Industry:
• Dairy
• Fruits & Vegetables
• Meat & Seafood
• Others (Medicines, Bakery, etc.)
• Global Refrigerated Trailer Market, By Region:
• North America
• Latin America
• Europe
• APAC
• Middle East and Africa
• Company Profiles
• Kögel Trailer GmbH & Co. KG *
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments
• Future Plans
• Wabash National Commercial Trailer Products
• Randon Implementos
• Great Dane Trailers, Inc.
• Gray & Adams Ltd.
• Utility Trailer Manufacturing Company
• Hyundai Translead
• Montracon Ltd.
• Schmitz Cargobull AG
• Lamberet Refrigerated SAAS
• Fahrzeugwerk Bernard KRONE GmbH

*Browse all the market data tables and figures on “Global Refrigerated Trailer Market- Forecast to 2027”