Refrigerated Sea Transportation

Refrigerated Sea Transportation

Global Refrigerated Sea Transportation Market to Reach $13.3 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Refrigerated Sea Transportation estimated at US$8.6 Billion in the year 2022, is projected to reach a revised size of US$13.3 Billion by 2030, growing at aCAGR of 5.6% over the period 2022-2030. Chilled, one of the segments analyzed in the report, is projected to record 6% CAGR and reach US$9.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Frozen segment is readjusted to a revised 4.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 4.9% CAGR
The Refrigerated Sea Transportation market in the U.S. is estimated at US$2.5 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.3 Billion by the year 2030 trailing a CAGR of 4.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.

Select Competitors (Total 44 Featured) -

• A.P. Moller-Maersk A/S
• ACIT Group
• Africa Express Line Limited
• Cory Brothers
• DB SCHENKER
• Ever Glory Logistics Pte. Limited
• GoReefers
• K Line Logistics, Ltd.
• Klinge Corporation
• Kyowa Shipping Co., Ltd.

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