Refrigerated Sea Transport Containers Market - Share, Segmentation and Industrial Overview Forecasts to 2025

The Refrigerated Sea Transport Containers Market is expected to reach US$ 3.25 Billion in 2020 from US$ 2.13 Billion in 2015 with a CAGR of 8.8%.

Marine transportation is one the most essential part of the global economy. There is a need for global transportation for distribution of goods worldwide owing to increasing consumers demand for goods and services that are not available locally. Globalization has significantly influenced the food systems across the world. The world has now greater accessibility, availability and diversity of food attributed by factors such as increasing income of the people, changing lifestyle, trade liberalization, urbanization, foreign direct investments and markets integration.

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The increasingly refined reefer solutions are overcoming the crucial challenges in shipping of perishables over long distances. The new and advanced technologies play a significant role to ensure that the perishable commodities reach fresh and at the desired destinations and also, should fulfil the strict import protocols that differ from countries to countries.

Some of the key driving factors such as changing consumer food preferences, advancing technologies in sea transportation and container modernizations are paving the path for growing demand for refrigerated containers. Refrigerated Sea Transport Containers Market is expected to reach 3.46 Million TEU by 2020 growing at a CAGR of 6.7% owing to increasing demand for perishable commodities in various regions across the globe.

Global refrigerated sea transport containers market is hindered by challenges such as rising rates of specialized reefers and uneven distribution channels which impacts the operational costs of transportation. However increasing advancements in infrastructure of containerized reefers has set new dimension to the containers market, the demand for containerized reefers has outpaced the specialized reefer containers market in recent years and this trend is expected to continue in coming years along with bridging gap of transportation demands and rising reefer costs.

Some of the leading players in Refrigerated Sea Transport Containers Market:

CMA CGM

NYK Line

China Shipping Container Lines

Kling Group

ZIM Integrated

Orient Overseas Container Line

Compañía Sud Americana de Vapores (CSAV)

Hanjin Shipping Co., Ltd

Mitsui O.S.K. Lines, Ltd

Evergreen Marine Corp

China International Marine Containers (Group) Co. Ltd. . .

Table of Contents :

1.1          List of Tables

1.2          List of Figures

 

2              Introduction

2.1          The Insight Partners Research Report Guidance

 

3              Key Takeaways

3.1          Advancing technologies in refrigeration’s to pave the path for containerized reefers

3.2          Changing consumer behavior and preferences leads to increased sea trade

 

4              Global Refrigerated Sea Transport Market Landscape

4.1          Overview

4.2          Definitions

4.3          Market Segmentation

Reasons To Buy:

- Understand the key players in the global Refrigerated Sea Transport Containers market upon what reefer containers have they launched, and how probable are these to thrive in the market.

- Highlights key business priorities in order to assist companies to realign their business strategies.

- Highlights key reefer types and commodities along with market revenue and volume estimation and forecasts thereby allowing organizations to gain revenues by focusing majorly on select refrigerated containers.

- The key findings and recommendations highlight crucial progressive industry trends in the this market, thereby allowing players across the value chain to develop effective long term strategies.

- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as the those hindering it.

Segmentations Covered in the Refrigerated Sea Transport Containers Market:

Overview: Global Refrigerated Sea Transport Containers Market – By Key Industry Dynamics, By Type, By Vertical               

Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM)

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This release was published on openPR.