Press release
Refrigerated Transport Market size worth over $16840 Million by 2027
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-4V1935/global-refrigerated-transport
Refrigerated transportation refers to the movement of temperature-sensitive cargo in specialized containers called reefers that have an in-built refrigeration system.
The European region is projected to have the largest and the fastest market share in terms of value in the refrigerated road transportation market in 2023. This region experiences the latest technological advancements and the government norms favor the cold chain industry with different subsidies. Particularly the multi-temperature segment has the fastest growth when compared to single-temperature.
Furthermore, the refrigerated transport market is predicted to grow as demand for marine transportation grows due to the relatively cheap costs associated with it. The market is projected to be boosted further by an increase in global demand for meat and seafood. Aside from that, bakery and confectionery are expected to be a lucrative industry that will propel the growth of the refrigerated transport market, as bread is one of the most widely consumed foods, and refrigeration is required to manufacture, maintain uniformity, avoid rotting, and preserve the product.
Increased usage of modern cold rooms, strict government restrictions governing frozen food production, processing, transportation, and quality, and increased international trade of perishable commodities have all contributed to the worldwide refrigerated transport market's rise.
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Refrigerated Transport Market Data by Type
o Airways
o Roadways
o Seaways
Refrigerated Transport Market Data by Application
o Food and Beverages
o Healthcare
o Others
Top Major Players in the Refrigerated Transport Market
o Americold Logistics
o SSI SCHAEFER
o Preferred Freezer Services
o Burris Logistics
o Kloosterboer
o Lineage Logistics Holding LLC
o AGRO Merchants Group, LLC
o NewCold Cooperatief U.A.
o DHL
o Gruppo Marconi Logistica Integrata
o BioStorage Technologies, Inc
o Nichirei Logistics Group
o OOCL Logistics
o JWD Group
o CWT Limited
o SCG Logistics
o X2 Group
o Best Cold Chain
o AIT
o Crystal Logistic Cool Chain Ltd
o ColdEX
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