Press release
A Deep Dive into Refrigerated Transport Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
Refrigerated Transport
The surge in demand for frozen food items is contributing to the expansion of the refrigerated transport sector. Procedures such as blanching, heat treatments, dipping treatments, and cryoprotection are used in the preparation of frozen alternatives, depending on the products being treated. The increasing popularity of these frozen forms of various fresh goods is due to their accessibility and affordability, making it easier for individuals to consume more vegetables. For example, WahUstad, an Indian company that handles the production and supply of fresh frozen foods, supports this trend. Furthermore, a report from Frozen Food Europe, a UK-based magazine dedicated to delivering news about the European frozen food industry, in December 2023 revealed that the global frozen food market was valued at USD 392.4 billion in 2022 and is predicted to rise to USD 612.3 billion by 2032. In 2022, Europe led this market with approximately 37% of the market share. As such, the proliferating frozen food products are fueling the growth of the refrigerated transport market.
Get Your Refrigerated Transport Market Report Here:
https://www.thebusinessresearchcompany.com/report/refrigerated-transport-global-market-report
How will the growth rate of the refrigerated transport market shape industry trends by 2034?
There has been robust growth in the size of the refrigerated transport market over recent years. This market is projected to expand from $121.46 billion in 2024 to $130.95 billion in 2025, with an estimated compound annual growth rate (CAGR) of 7.8%. The significant growth observed in the past can be credited to the propagation of international trade, an increase in health-aware consumers, rigorous food safety laws, the expansion of the food and beverage sector, and a rise in worldwide population.
Expectations are high for robust growth in the refrigerated transport market over the coming years. The market is predicted to reach $180.16 billion by 2029, with a compound annual growth rate (CAGR) of 8.3%. This projected growth during the forecast period can be linked to several factors including increased global food demand, expansion in healthcare logistics, initiatives for sustainable transportation, the surge in e-commerce and online grocery shopping, and increased demand for pharmaceuticals. Key trends anticipated during this forecast period comprise remote monitoring solutions, collaborative partnerships, the rise of blockchain technology, customised refrigerated solutions, and a shift towards renewable energy sources.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7896&type=smp
What trends are poised to drive the future success of the refrigerated transport market?
The refrigerated transport market is seeing an increase in popularity of key trends, primarily technological innovations. Many leading companies in the market are striving to maintain their market position by introducing new technologies. An example of this was in June 2024, when Mitsubishi Heavy Industries Thermal Systems, a Japan-based air conditioning and refrigeration manufacturer, introduced its new "TEK Series". This series of Electric-Driven Transport Refrigeration Units is tailored for Small and Mid-Size Trucks. The rise in home deliveries by supermarkets and the need for safe pharmaceutical transport, are fueling the demand for constant-temperature transport solutions, which the TEK series is designed to meet.
Which primary segments of the refrigerated transport market are driving growth and industry transformations?
The refrigerated transport market covered in this report is segmented -
1) By Transport Type: Refrigerated Road Transport, Refrigerated Medium & Heavy Commercial Vehicles (MHCV), Refrigerated Light Commercial Vehicles (LCV), Refrigerated Heavy Commercial Vehicles (HCV)), Refrigerated Sea Transport, Refrigerated Rail Transport, Refrigerated Air Transport
2) By Temperature: Single Temperature, Multi-Temperature
3) By Application: Chilled Food, Frozen Food
Subsegments:
1) By Refrigerated Road Transport: Refrigerated Trucks, Refrigerated Vans
2) By Refrigerated Medium And Heavy Commercial Vehicles (MHCV): Refrigerated Trailers, Refrigerated Containers
3) By Refrigerated Light Commercial Vehicles (LCV): Refrigerated Vans, Refrigerated Small Trucks
4) By Refrigerated Heavy Commercial Vehicles (HCV): Refrigerated Trucks, Refrigerated Trailers
5) By Refrigerated Sea Transport: Reefer Ships, Refrigerated Containers
6) By Refrigerated Rail Transport: Refrigerated Rail Cars, Reefer Containers
7) By Refrigerated Air Transport: Air Freight Services, Cargo Aircraft
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7896
Which geographical regions are pioneering growth in the refrigerated transport market?
Europe was the largest region in the refrigerated transport market in 2024. Asia-Pacific is expected to be the fastest-growing region in the refrigerated transport market report forecast period. The regions covered in the refrigerated transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the refrigerated transport market landscape?
Major companies operating in the refrigerated transport market include Carrier Transicold, Thermo King Corporation, Daikin Industries Ltd., Trane Technologies plc, Mitsubishi Heavy Industries Ltd., GAH Refrigeration Ltd., Great Dane LLC, Wabash National Corporation, Ingersoll Rand Inc., Schmitz Cargobull AG, Lamberet SAS, Hwasung Thermo Co. Ltd., China International Marine Containers (Group) Ltd., Hyundai Translead, Singamas Container Holdings Ltd., Utility Trailer Manufacturing Company, Klinge Corporation, Kingtec Group Company Ltd., Morgan Corporation, DENSO Corporation, Daikin Reefer, Frigoblock GmbH, Carrier Corporation, Polar Leasing Inc., Sanden Holdings Corporation, Zanotti S.p.A, Hubbard Products Ltd., MHI Thermal Systems
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=7896&type=smp
What Is Covered In The Refrigerated Transport Global Market Report?
•Market Size Forecast: Examine the refrigerated transport market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the refrigerated transport market for a structured understanding.
•Key Players Overview: Analyze major players in the refrigerated transport market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the refrigerated transport market.
•Segment Contributions: Evaluate how different segments drive overall growth in the refrigerated transport market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the refrigerated transport market.
•Industry Challenges: Identify potential risks and obstacles affecting the refrigerated transport market.
•Competitive Landscape: Review strategic developments in the refrigerated transport market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
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 A Deep Dive into Refrigerated Transport Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034 here
News-ID: 3911030 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Refrigerated
HYSUN newly launched customized refrigerated containers
HYSUN is proud to introduce our new range of New Customized Refrigerated Container, [https://www.hysuncontainer.com/] designed to meet the most stringent temperature control requirements. These custom reefer containers are equipped with state-of-the-art refrigeration and freezing units to ensure that your products remain in optimal condition throughout the entire transportation or storage process.
Product Features:
Our reefer containers [https://www.hysuncontainer.com/] are constructed with galvanized steel, and the interior walls, floor, ceiling, and doors are made…
Refrigerated Warehousing And Storage Market Report 2024 - Refrigerated Warehousi …
"The Business Research Company recently released a comprehensive report on the Global Refrigerated Warehousing And Storage Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free…
Refrigerated Transport Market Forecast Report by Mode of Transportation (Refrige …
The Refrigerated Transport Market
The global refrigerated transport market is on a trajectory of significant growth, with projections indicating an increase from $17.77 billion in 2023 to $27.07 billion by 2032. This expansion represents a compound annual growth rate (CAGR) of 4.79% from 2024 to 2032. The market's growth is primarily driven by the increasing demand for temperature-controlled logistics in supply chains to maintain the efficacy and shelf life of sensitive…
Refrigerated Transport Market: Impact Of Russia-Ukraine War On Refrigerated Tran …
Global Refrigerated Transport Market 2022-2028: As the world economy continues to grow, so does the need for efficient, reliable data. This is why we are releasing our Global Refrigerated Transport Market 2022-2028 report, which will give you a comprehensive overview of this industry. In this report, you'll find historical and future cost, revenue, demand, supply and import/export data for your distributor's value chain. You'll also get an in-depth analysis of…
Global Refrigerated Vehicles Market: India’s Import of refrigerated vehicles w …
Refrigerated trucks include different types of vehicles used for different transportation needs depending on loading requirements. Some of these types include refrigerated vans, refrigerated trucks, refrigerated trailers, refrigerated wagons, refrigerated vessels, refrigerated air transport, refrigerated containers, temperature controlled containers, intermodal refrigerated containers, insulated containers, integrated refrigerated containers, and multi-modal. Includes temperature container. Increasing consumer awareness of fresh food is one of the key factors in increasing demand for refrigerated vehicles…
Refrigerated Transport Market Forecast to 2028 - COVID-19 Impact and Global Anal …
MARKET OVERVIEW
Refrigerated transportation is also known as reefer freight. Refrigerated transport is a means of conveyance of food products pharmaceuticals that require special, temperature controlled vehicles. The vehicle is used for refrigerated transportation has a built-in refrigeration system that keeps the products at a preferred temperature throughout the transportation process. The benefit of refrigerated transportation is that it keeps products from deteriorating and losing its value during the transportation process.…
