Global Refrigerated Transportation Market 2018-2022

Below are some of the key findings from our refrigerated transportation market forecast report

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Global Refrigerated Transportation Industry Overview

The continuously growing demand for frozen and perishable food is one of the key factors impelling the market’s growth in the forthcoming years. Various other factors including increasing disposable incomes, rapid urbanization, and changing consumption patterns are further fuelling the refrigerated transportation market growth.  Furthermore, owing to the rising continuously increasing per capita disposable income, the consumption of meat and dairy products has been increasing rapidly in the emerging economies including India and China. As the shelf life of dairy products and meat is less, the need for transporting them under controlled temperature ranges. Consequently, the rising need for ferrying meat products under refrigerated conditions will foster the demand for refrigerated transportation, eventually, resulting in the market to register a CAGR of close to 7% during the predicted period.

Furthermore, the demand for frozen food is also propelling the market vendors to offer functional benefits with the help of an effective refrigerated transportation and warehousing system. For instance, the global frozen food market was valued at USD 244 billion and is expected to grow at a CAGR of close to 7% during the next few years. As a result, the rising demand for frozen food will accelerate the refrigerated transportation market during the predicted period.

Companies covered

The refrigerated transportation market is moderately fragmented owing to the presence of several refrigerated transportation service providers leveraging advanced technologies to offer innovative offerings. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this refrigerated transportation industry analysis report will aid clients in identifying new growth opportunities and designing innovative strategies for improving their position in the market.

The report offers a complete analysis of various companies including:

• C.H. Robinson Worldwide
• DB Schenker
• Deutsche Post DHL Group
• FedEx
• KUEHNE + NAGEL

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Refrigerated transportation market growth based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, Technavio’s refrigerated transportation industry research report has estimated that countries in the Americas will contribute to the highest growth of this market throughout the predicted period.

Refrigerated transportation market growth based on end-user

• Food and beverages
• Healthcare industry

According to Technavio’s market research experts, the food and beverages segment will account for the highest growth in the market. Additionally, the refrigerated transportation industry analysis report also provides an accurate prediction of the contribution of the various end-user segments to the growth of the refrigerated transportation market size.

Key highlights of the global refrigerated transportation market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the refrigerated transportation market during the next five years
• Precise estimation of the global refrigerated transportation market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the refrigerated transportation industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of refrigerated transportation companies

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