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The US perishable goods transportation market is estimated to increase by USD 2.45 billion and grow at a CAGR of 9.45% between 2023 and 2028. The market is propelled by increasing demand for processed food and expanding end-user segments, alongside the rising popularity of reefer tracking technologies. However, challenges persist, including food safety concerns, heightened awareness regarding food wastage, and the substantial operating costs associated with reefers, which hinder market growth. Despite these obstacles, the industry remains focused on addressing these issues through enhanced food safety protocols, innovative waste reduction initiatives, and efforts to optimize reefer operations for greater efficiency and cost-effectiveness. As consumer preferences continue to evolve and sustainability concerns gain traction, companies are increasingly investing in technological advancements and strategic measures to overcome challenges and sustain growth in the reefer market.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Mode of Transportation
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Research Framework
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.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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