Global Refrigerated Goods Trucking Market Overview And Prospects
Learn about the global refrigerated goods trucking market through The Business Research Company, which provides information on refrigerated goods trucking market size, refrigerated goods trucking market drivers and restraints, refrigerated goods trucking market players, the COVID-19 impact on the refrigerated goods trucking market, and more.
The global refrigerated goods trucking market size is expected to grow from $56.01 billion in 2021 to $62.47 billion in 2022 at a compound annual growth rate (CAGR) of 11.5%. The refrigerated goods market is then expected to grow to $92.38 billion in 2026 at a CAGR of 10.3%.
Increasing demand for perishable foods such as ready-to-eat food items, milk and dairy products, and fruits and vegetables are predicted to contribute to the growth of the refrigerated goods trucking market.
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The refrigerated goods trucking market consists of sales of refrigerated goods trucking services and related goods by entities (organizations, sole traders, and partnerships) that provide over-the-road transportation of refrigerated goods. Only goods and services traded between entities or sold to end consumers are included.
Global Refrigerated Goods Trucking Market Segments Include:
By Vehicle Type: Light Commercial Vehicle, Medium-Heavy Commercial Vehicles, Heavy Commercial Vehicles
By Temperature: Single Temperature, Multi-Temperature
By Application: Food Products, Poultry, Meat, and Seafood, Dairy and Beverages, Bakery and Confectionery, Pharmaceutical, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the refrigerated goods trucking market in 2021.
Major companies operating in this market are continuously investing in introducing new technologies such as cloud computing, IoT solutions, solar-powered systems, and communication technologies such as machine learning, GPS, 5G for greater accountability, visibility, and performance in refrigerated storage and transport.
TBRC’s refrigerated goods trucking market report covers:
Major Market Players: Schmitz Cargobull AG, Great Dane LLC, China International Marine Containers, Kogel Trailer GmbH & Co, Hyundai Translead Inc, Wabash National Corporation, KRONE, GRW Tankers, and Trailers.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Refrigerated Goods Trucking Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides refrigerated goods trucking market overviews, analyzes and forecasts market size, share, refrigerated goods trucking market players, refrigerated goods trucking market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s refrigerated goods trucking market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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