Press release
Strong Growth Ahead: Refrigerated Goods Trucking Market Size To Grow At Arecord 10% Cagr By 2029
Refrigerated Goods Trucking Market
What Is the Expected Refrigerated Goods Trucking Market Size During the Forecast Period?
The refrigerated goods trucking market has grown rapidly, projected to increase from $68.58 billion in 2024 to $75.55 billion in 2025 at a CAGR of 10.2%. This growth is driven by rising demand for perishable foods, strong economic growth in emerging markets, and lower oil prices and taxes.
The refrigerated goods trucking market is anticipated to see rapid growth, projected to reach $110.77 billion by 2029 at a CAGR of 10.0%. The growth will be attributed to food export expansion, technological advances, the rise in organic food, urbanization, and growing demand from the healthcare industry. Key trends include connected trucking, technological innovations, automation for loading/unloading, collision mitigation, demand-based pricing, and AI integration.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3659
What Are the High-Growth Segments in the Refrigerated Goods Trucking Market?
The refrigerated goods trucking market covered in this report is segmented -
1) By Vehicle Type: Light Commercial Vehicle, Medium Heavy Commercial Vehicles, Heavy Commercial Vehicles
2) By Temperature: Single Temperature, Multi-Temperature
3) By Application: Food Products, Poultry, Meat, and Seafood, Dairy and Beverages, Bakery And Confectionery, Pharmaceutical, Other Applications
Subsegments:
1) By Light Commercial Vehicle: Refrigerated Vans, Small Refrigerated Trucks
2) By Medium Heavy Commercial Vehicles: Medium Refrigerated Trucks, Box Trucks With Refrigeration Units
3) By Heavy Commercial Vehicles: Heavy-Duty Refrigerated Trailers, Refrigerated Container Trucks
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3659&type=smp
What Key Drivers Are Expected to Influence Future Refrigerated Goods Trucking Market Growth?
The refrigerated goods trucking market is set to grow due to the increasing demand for perishable foods, including ready-to-eat meals, dairy products, and fresh produce. To meet the demand for frozen and perishable goods, suppliers are enhancing their refrigerated units with multi-temperature systems. According to the National Association of Convenience Stores in April 2024, foodservice sales accounted for 26.9% of in-store sales, with prepared food sales rising by 12.2% per store. This growing demand for perishable foods is expected to drive the refrigerated goods trucking market.
Which Companies Hold the Largest Share Across Different Refrigerated Goods Trucking Market Segments?
Major companies operating in the refrigerated goods trucking market include Prime Inc., Stevens Transport, Knight-Swift Transportation Holdings Inc., C.R. England, Marten Transport Ltd., China International Marine Containers, Great Dane, Schmitz Cargobull AG, Shaffer Trucking, KLLM Transport Services, Deutsche Post DHL, Nippon Express, Yamato Transport Co. Ltd (Japan), Yusen Logistics & TASCO, Sinchai Cold Storage, Tiong Nam Logistics, Jentec Storage Inc, Kogel Trailer GmbH & Co, SNCF Deodis, GERCO S.A, STEF, HSF Logistics, Algarverpania Refrigeration, Krone, Gibon Logistics, CEE Logistics, GEFCO, Kuehne-Nagel, Hyundai Translead Inc., Wabash National, JSL S. A, Transportes Bertolini Ltda, Braspress Logistics, DHL Global Forwarding, CEVA logistics, ATS Dubai, Mashaweer, ADSO, HST Logistics LLC, Carrier Global Corporation, Daikin Industries, Ltd., Denso Corporation, Klinge Corporation, Mitsubishi Heavy Industries, Ltd., Subros Limited, Songz Automobile Air Conditioning Co., Ltd., Thermo King (Trane Technologies), Webasto Thermo & Comfort
What Refrigerated Goods Trucking Market Trends Are Gaining Traction Across Different Segments?
Companies in the refrigerated storage and transport sector are investing in real-time tracking solutions like cloud computing and IoT technologies to improve visibility and performance. Real-time tracking allows for monitoring assets or vehicles through GPS and other technologies. For example, in June 2024, GreenPower Motor Company introduced the EV Star ReeferX, an all-electric refrigerated delivery truck designed for industries like fresh foods and pharmaceuticals. The truck is customizable and aims to optimize mid- to last-mile refrigerated deliveries.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/refrigerated-goods-trucking-global-market-report
What Are the Emerging Geographies for The Refrigerated Goods Trucking Market Growth?
The countries covered in the refrigerated goods trucking market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Refrigerated Goods Trucking Market?
2. What is the CAGR expected in the Refrigerated Goods Trucking Market?
3. What Are the Key Innovations Transforming the Refrigerated Goods Trucking Industry?
4. Which Region Is Leading the Refrigerated Goods Trucking Market?
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 Strong Growth Ahead: Refrigerated Goods Trucking Market Size To Grow At Arecord 10% Cagr By 2029 here
News-ID: 4056852 • Views: …
More Releases from The Business Research Company
Top Market Shifts Transforming the Rainwater Harvesting Systems Market Landscape …
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 Rainwater Harvesting Systems Market Through 2025?
Over the past few years, there has been substantial growth in the market size of rainwater harvesting systems. The industry, which was valued at $1.94 billion in 2024, is predicted to rise to $2.07 billion by…
Live Concerts Fueling Surge In Percussion Instruments Market Growth: Transformat …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Percussion Instruments Industry Market Size Be by 2025?
Over the past few years, the market size of percussion instruments has examined a steady rise. With an increase from $1.44 billion in 2024 to $1.47 billion in 2025, it expects a Compound Annual Growth Rate (CAGR) of…
Emerging Trends to Drive Hydraulic Equipment Market Growth at 3.5% CAGR Through …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Hydraulic Equipment Market Size Growth Forecast: What to Expect by 2025?
The size of the hydraulic equipment market has consistently increased in the past few years. Projections show that it will rise from $45.21 billion in 2024 to $46.86 billion in 2025, recording a compound annual growth rate (CAGR)…
Emerging Trends to Reshape the Fishing Drones Market: Innovative Advancement In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Fishing Drones Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of fishing drones has seen a swift increase in the past few years. An expansion from $0.89 billion in 2024 to $0.99 billion in 2025, representing a compound annual growth rate (CAGR)…
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.…
