Refrigerated Transportation Market in the US 2018-2022
- Published: May 2018
- Pages: 80
- SKU: IRTNTR22310
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Technavio’s market research analysts have predicted that the refrigerated transportation market in the US will witness considerable growth during the period 2018-2022 and register a CAGR of more than 13% by 2022. This report provides an analysis of the market by mode of transportation (land, airways, and waterways) and end-users (food and beverages industry, healthcare industry, and others).
The infographic below contains key findings from our analysis of the refrigerated transportation market in the US
Overview of the refrigerated transportation market in the US
With a detailed analysis of various factors that will impact the growth of the refrigerated transportation market in the US, our analysts have identified the growth of the end-user segments as one of the major factors that will boost the market’s growth prospects. The American food industry has witnessed steady growth in the recent years and it has been observed that the meat and poultry production in the US reached almost 100 billion pounds during 2017. This, coupled with the growing demand for fresh organic produce will drive the need for refrigerated transportation in the US.
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The refrigerated transportation market in the US is quite fragmented due to the presence of numerous service providers. With the constant demand for refrigerated shipping services from companies in the food and beverages and healthcare industries, the market’s competitive environment is quite intense. By offering a detailed analysis of the competitive landscape of the refrigerated shipping market and with information on the products and services offered by refrigerated transport companies in USA, this report will aid clients identify new growth opportunities and design unique growth strategies.
This report offers an analysis of a number of refrigerated transport companies in USA including –
- KLLM Transportation Services
- Knight-Swift Transportation Holdings
- Marten Transport
Refrigerated transportation market in the US growth based on end-user industries
- Food and beverage
According to our market research experts, the food and beverages industry will be the primary end-user to the refrigerated shipping market throughout the forecast period. The growing food production will contribute to the growth of this industry. Additionally, the report also provides an accurate prediction of the contribution of the various end-user segments to the growth of the US refrigerated transport market size.
Key highlights of the refrigerated transportation market in the US 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 in the US during the next five years.
- Precise estimation of the US refrigerated transportation market size and its contribution to the global market.
- Accurate predictions on upcoming trends and changes in consumer behavior.
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors.
- Comprehensive information on factors that will challenge the growth of refrigerated transport companies in the US.
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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the refrigerated transportation market in the US and its stakeholders over the forecast years.
Market research analysts at Technavio have also considered how the performance of other related markets in the vertical will impact the size of this market until 2022. Some of the markets most likely to influence the growth of the refrigerated transportation market in the US over the coming years are the refrigerated road transport market and the perishable goods transportation market.
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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