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Reefer Container Market Segmentation by Product, Geography, Growth and Demand including Key Players(Dong Fang International Asset Management Ltd., W&K Container Inc., Maersk Container Industry A/S) | Forecast 2023

01-03-2019 06:05 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Reefer Container Market Segmentation by Product, Geography,

The increasing containerization is anticipated to fuel the reefer container market growth in the future. The adoption of containers for transportation, as compared to the conventional methods of packing goods directly onto ships, is another factor expected to fuel the growth of the global reefer containers market during the forecast period.

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A reefer container has different specifications and sizes to accommodate different trade requirements. Reefer containers are majorly used in the transportation of foodstuffs, because of their inherent design features such as, air circulation, high cooling capacity, and accurate temperature control.

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Another major growth driver of the global reefer container market is the bigger size of reefer containers that transport delicate commodities. However, some of the restraints in the global market include high maintenance cost of reefer containers and the high capital-intensive business.

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Dong Fang International Asset Management Ltd., W&K Container Inc., Maersk Container Industry A/S, TLS Offshore Containers International, SEA BOX Inc., CXIC GROUP CONTAINERS COMPANY LIMITED are some of the competitors in the global reefer container market.

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P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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