Temperature-controlled and conditioned freight shipment of perishable food items, such as confectionery, fruits and vegetables, dairy products, seafood, fish, and meat, is known as refrigerated transport.”. The food is kept in the temperature-controlled system for a longer period of time thanks to clever design. The demand for frozen food (raw materials) is anticipated to grow, which is further anticipated to fuel the growth of the global refrigerated transport market over the next few years due to the rising number of small and large food chains around the world, along with growing HoReCa sectors, particularly in developing economies.
Market Dynamics:
The market for refrigerated transportation has a variety of market dynamics, with increased demand for frozen and perishable goods and significant growth in the food and beverage sector as its main drivers. One market opportunity is the use of intermodal transportation to reduce fuel costs. Additionally, there are upcoming market trends like the rise in demand for pharmaceutical drug delivery as well as some market restraints like the impact of climate change on transportation infrastructure and high capital investment and energy costs.
Key features of the study:
- This report provides in-depth analysis of the Global Refrigerated Transport Market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global Refrigerated Transport Market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include China International Marine Containers (Group) Ltd., Daikin Industries, Ltd., Great Dane Trailers, Inc., HYUNDAI Translead, Ingersoll-Rand PLC (Thermo King), Lamberet SAS, Mitsubishi Heavy Industries, Ltd., Schmitz Cargobull AG, Singamas Container Holdings Limited, United Technologies Corporation (Carrier Corporation), Utility Trailer Manufacturing Company, Wabash National Corporation, and Vehicle Works Bernard Krone Gmbh & Co. KG.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The Global Refrigerated Transport Market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Global Refrigerated Transport Market
- Global Refrigerated Transport Market, By Transport Type
- Refrigerated Road Transport
- Refrigerated Light Commercial Vehicles (LCV)
- Refrigerated Medium & Heavy Commercial Vehicles (MHCV)
- Refrigerated Heavy Commercial Vehicles (HCV)
- Refrigerated Sea Transport
- Refrigerated Rail Transport
- Refrigerated Air Transport
- Global Refrigerated Transport Market, By Technology
- Vapor Compression Systems
- Air Blown Evaporators
- Eutectic Devices
- Global Refrigerated Transport Market, By Temperature
- Single Temperature
- Multi-temperature
- Global Refrigerated Transport Market, By Application
- Chilled Food Products
- Milk, Bakery & Confectionery Products
- Dairy Products
- Beverages
- Fresh Fruits & Vegetables
- Frozen Food Products
- Ice Cream
- Frozen Dairy Products
- Processed Meat
- Fish & Sea Food
- Bakery Products
- Global Refrigerated Transport Market, By Geography
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
- Company Profiles:
- China International Marine Containers (Group) Ltd.
- Daikin Industries, Ltd.
- Great Dane Trailers, Inc.
- HYUNDAI Translead,
- Ingersoll-Rand PLC (Thermo King)
- Lamberet SAS
- Mitsubishi Heavy Industries, Ltd.
- Schmitz Cargobull AG,
- Singamas Container Holdings Limited,
- United Technologies Corporation (Carrier Corporation)
- Utility Trailer Manufacturing Company
- Wabash National Corporation
- Vehicle Works Bernard Krone Gmbh & Co. KG.
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Snapshot Market, By Transport Type
- Snapshot Market, By Technology
- Snapshot Market, By Temperature
- Snapshot Market, By Application
- Snapshot Market, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Greater Demand for Frozen & Perishable Goods.
- Significant growth in the food and beverage industry
- Restraints
- Transportation Infrastructure Is Being Impacted By Climate Change.
- High Capital Investment & Energy Costs.
- Opportunities
- Utilization of Intermodal Transport to Save Fuel Cost.
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Refrigerated Transport Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Refrigerated Transport Market, By Transport Type, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Refrigerated Road Transport
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Refrigerated Light Commercial Vehicles (LCV)
- Refrigerated Medium & Heavy Commercial Vehicles (MHCV)
- Refrigerated Heavy Commercial Vehicles (HCV)
- Refrigerated Sea Transport
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Refrigerated Rail Transport
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Refrigerated Air Transport
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- 6. Global Refrigerated Transport Market, By Technology, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Vapor Compression Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Air Blown Evaporators
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Eutectic Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- 7. Global Refrigerated Transport Market, By Temperature, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Single Temperature
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Multi-temperature
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- 8. Global Refrigerated Transport Market, By Application, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Chilled Food Products
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Milk, Bakery & Confectionery Products
- Dairy Products
- Beverages
- Fresh Fruits & Vegetables
- Frozen Food Products
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Ice Cream
- Frozen Dairy Products
- Processed Meat
- Fish & Sea Food
- Bakery Products
- 9. Global Refrigerated Transport Market, By Region, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, For Country 2021–2032
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Transport Type, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Temperature, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Transport Type, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Temperature, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Transport Type, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Temperature, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Transport Type, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Temperature, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Transport Type, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Temperature, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- 10. Competitive Landscape
- China International Marine Containers (Group) Ltd.
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Daikin Industries, Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Great Dane Trailers, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- HYUNDAI Translead,
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Ingersoll-Rand PLC (Thermo King)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Lamberet SAS
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Mitsubishi Heavy Industries, Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Schmitz Cargobull AG,
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Singamas Container Holdings Limited,
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- United Technologies Corporation (Carrier Corporation)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Utility Trailer Manufacturing Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Wabash National Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Vehicle Works Bernard Krone Gmbh & Co. KG.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Analyst Views
- 11. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on “Refrigerated Transport Market” - forecast to 2032
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