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Reefer Container Market Emerging Growth Prospectus till 2030 | A.P. Moller - Maersk A/S, Ocean Network Express (ONE) Pte. Ltd., Seaco Srl, Singamas Container Holdings Ltd.

06-16-2021 06:08 AM CET | Logistics & Transport

Press release from: P&S Intelligence

Reefer Container Market  Analysis and Growth Forecast to 2030

Reefer Container Market Analysis and Growth Forecast to 2030

The increasing number of trade routes, burgeoning demand for pharmaceutical drugs, expanding e-commerce sector, and improving real-time tracking technology will drive the reefer container market at a CAGR of 8.0% during the forecast period (2020–2030). The market stood at a size of 3,169.2 thousand twenty-foot equivalent units (TEU) in 2019 and it is projected to attain7,063.3 thousand TEU of container space by 2030. In recent years, the market has observed a notable number of acquisitions, partnerships, and mergers among container lines.

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With the expansion of trade routes, the usage of reefer containers has surged at a substantial rate. A trade route refers to a logistical network of stoppages and pathways for the commercial transportation of cargo. Allowing products to reach distant markets, a single trade route includes multiple long-distance arteries, which may be further connected to smaller network of non-commercial and commercial transportation routes. The expanding trade routes will, further, amplify the maritime trade volume, which will increase the requirement for reefer containers, globally.

Globally, the Asia-Pacific (APAC) reefer container market generated the highest revenue in 2019 and it is projected to retain its position in the forecast period. This is attributed to the developments in the reefer container technology, expanding global trade of seaborne perishable reefer cargo, and home to inland ports and numerous seaports in the region. Whereas, the Latin America (LATAM) market will register the fastest growth in the forecast years, owing to the booming population and rapid urbanization that have led to a considerable spike in transportation and shipping of food items.

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Hence, as international trade volumes, especially of perishable cargo, grow, so will the procurement of reefer containers by shipping, trucking, and rail freight companies.

The research offers market size of the Global Reefer Container Market for the period 2014–2030.
Market Segmentation by Size
• 20 Feet
• 40 Feet
• More than 40 Feet
Market Segmentation by Transportation Mode
• Seaways
• Roadways
• Railways
Market Segmentation by Industry
• Food
o Fruits
o Meat/poultry
o Fish/seafood
o Vegetables
o Dairy products
o Others
• Pharmaceutical
o Liquid medicines
o Pills
o Vaccines
o Biologicals
o Others
• Chemical
Market Segmentation by Region
• North America Reefer Container Market
o By size
o By transportation mode
o By industry
o By country – U.S. and Canada
 U.S. reefer container market
 By size
 By transportation mode
 By industry
 Canada reefer container market
 By size
 By transportation mode
 By industry
• Europe Reefer Container Market
o By size
o By transportation mode
o By industry
o By country – Germany, France, U.K., Italy, Spain, Netherlands, and Rest of Europe
 Germany reefer container market
 By size
 By transportation mode
 By industry
 France reefer container market
 By size
 By transportation mode
 By industry
 U.K. reefer container market
 By size
 By transportation mode
 By industry
 Italy reefer container market
 By size
 By transportation mode
 By industry
 Spain reefer container market
 By size
 By transportation mode
 By industry
 Netherlands reefer container market
 By size
 By transportation mode
 By industry
• Asia-Pacific (APAC) Reefer Container Market
o By size
o By transportation mode
o By industry
o By country – China, Japan, India, Australia and Rest of APAC
 China reefer container market
 By size
 By transportation mode
 By industry
 Japan reefer container market
 By size
 By transportation mode
 By industry
 India reefer container market
 By size
 By transportation mode
 By industry
 Australia reefer container market
 By size
 By transportation mode
 By industry
• Latin America (LATAM) Reefer Container Market
o By size
o By transportation mode
o By industry
o By country – Brazil, Mexico, Argentina, and Rest of LATAM
• Middle East and Africa (MEA) Reefer Container Market
o By size
o By transportation mode
o By industry
o By country – South Africa, Saudi Arabia, U.A.E. and Rest of MEA

P&S Intelligence
Contact: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Follow us on LinkedIn: https://www.linkedin.com/company/pnsintelligence/

About P&S Intelligence

P&S Intelligence 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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