Refrigerated Trailer Market 2020 Is The Year Of The Refrigerated Trailer, Here's Everything You Need To Know About Next 10 years Forecast
Download Report Sample (93 Pages PDF with Insights): https://www.alliedmarketresearch.com/request-sample/1934
Refrigerated Trailer Market Report, published by Allied Market Research, states that the global refrigerated trailer market was valued at 5,588 million in 2015, and is expected to reach $7,658 million by 2022, growing at a CAGR of 4.8% from 2016 to 2022. In 2015, North America dominated the market and contributed more than 41% of the overall market revenue, followed by Europe. Presence of key market players in the U.S. and Europe, rapid industrialization, primarily in manufacturing sectors, and increase in demand for high-quality preserved food have fueled the growth of refrigerated trailer market. However, high trucking cost is the major restraint of the market.
Chilled food is major product type of refrigerated trailer, accounting for nearly 62% of the total product type of the refrigerated trailer in 2015, followed by frozen food. Frozen food type segment is expected to dominate the market in the future, which is an important product type and has an impact on numerous parameters of the refrigerated trailer.
Schedule a Free Call With Our Analysts/Industry Experts To Know More About This Report: https://www.alliedmarketresearch.com/connect-to-analyst/1934
North America is expected to dominate the global refrigerated trailer market during the analysis period, owing to the increase in demand for packaged food products in the U.S. and Canada. Refrigerated trailers are extensively used in the food sector in North America and Europe. However, Asia-Pacific and LAMEA regions are expected to grow rapidly, owing to the increasing adoption of these trailers in frozen food, chilled food, and cold chain space.
According to Sheetanshu Upadhyay, Research Analyst, Automotive & Transportation Research at Allied Market Research, Refrigerated trailers are innovative and reliable containers that are expected to witness notable growth in the coming years. This is due to their competitive advantages such as ideal temperature and humidity level compared to other batteries. Increasing applications of refrigerated trailers in the frozen & chilled food industry (meat & seafood) is expected to boost in the future.
Request For Customization Of This Report: https://www.alliedmarketresearch.com/request-for-customization/1934
The global refrigerated trailer market by end user is divided into dairy, fruits & vegetables, meat & seafood, and others (medical products, confectionary, and bakery). Currently, meat & seafood generated highest revenue for this market, owing to high adoption in cold chain space and frozen food products. However, fruits & vegetables is expected to be the most lucrative consumers, due to rise in demand for fresh frozen and chilled food in China, U.S., and India.
Key Findings of the Refrigerated Trailer Market
o The chilled food segment led the overall market revenue in 2015, and is projected to grow at a CAGR of 4.50%.
o Fruits & vegetables segment is expected to exhibit rapid growth during the forecast period.
o In 2015, North America led the global market; however, Asia-Pacific is expected to witness the highest CAGR.
o In 2015, China led the overall Asia-Pacific market, with about one-third share.
Key players adopted acquisition and product launch as their prominent strategies to expand their business operations in emerging countries.
The major players profiled in this refrigerated trailer market report include Wabash National Commercial Trailer Product, Great Dane Trailers, Inc., Utility Trailer Manufacturing Company, Schmitz Cargobull AG., Kogel Trailer GmbH & Co. KG, Fahrzeugwerk Bernard KRONE GmbH, Lamberet Refrigerated SAS, Montracon Ltd., Gray & Adams Ltd., and Randon Implementos.
Enquire More About This Report Before Making Decision To Purchase: https://www.alliedmarketresearch.com/purchase-enquiry/1934
5933 NE Win Sivers Drive
#205, Portland, OR 97220
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Refrigerated Trailer Market 2020 Is The Year Of The Refrigerated Trailer, Here's Everything You Need To Know About Next 10 years Forecast here
News-ID: 1973945 • Views: 158
More Releases from Allied Market Research
North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently
More Releases for Refrigerated
Global Refrigerated Trailer Market Outlook 2019-2024
Market Research Report Store offers a latest published report on Refrigerated Trailer Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 158 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.marketresearchreportstore.com/reports/592696/global-refrigerated-trailer-market-outlook The analysts forecast the global refrigerated trailer
Refrigerated Display Cabinets Market
Refrigerated Display Cabinets market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading
Refrigerated Counter Market - Promising Growth in Store for APAC Refrigerated Co …
Illinois Tool Works, Inc., Hoshizaki Corp., Ali Group, Electrolux AB, and Liebherr - the top five players in the global refrigerated counters market - accounted for a share of just under 62% in 2015. Transparency Market Research notes that this fragmented market is characterized by the presence of an increasing number of players attempting to gain market share via mergers, acquisitions, and divestments. Product innovation and technology differentiation are expected
Refrigerated Warehousing Global Market Report (Research 2017)
"Global Refrigerated Warehousing Market Research Report 2017" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. . . Description- '
Global Refrigerated Counters Sales Market Report 2016
This report studies sales (consumption) of Refrigerated Counters in Global market, especially in USA, China, Europe, Japan, India and Southeast Asia, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering Illinois Tool Works, Inc. Hoshizaki Electric Co. Ltd. Skope Industries Ltd. Electrolux AB Inomak S.A. Turbo Air Inc. Liebherr Group The Manitowoc Co. Inc. Fagor Industrial Standex International Corp. Avantco Refrigeration Dover Corp. Continental Refrigerator True Manufacturing Co, Inc. Ali S.p.A. Afinox srl Coldline srl The
Refrigerated Dough Products Market Size by 2021
Refrigerated Dough products consist of cookies/brownies, biscuits, dinner rolls, sweet rolls, pizza base and other bakery items. Modern equipment and packaging opens up a new demand spectrum in frozen dough industry. It increases the shelf life of the product and lowers the chances of product wastage. There is an increasing demand for par baked dough products in sandwich category as it is as tasty as fresh dough. Par baked variety enables