A Comprehensive Analysis of the Refrigerated Transport Market
As the world becomes increasingly interconnected, the need for efficient and reliable refrigerated transport has become more crucial than ever. With the global food industry expanding rapidly, the demand for temperature-controlled logistics has skyrocketed, creating a lucrative market opportunity for businesses operating in the refrigerated transport sector.
According to industry reports, the refrigerated...
Upcoming Growth Trends in the Refrigerated Transport Market
According to MarketsandMarkets, the global refrigerated transport market is projected to be valued at USD 160.7 billion by 2027. The market is driven by increasing demand to prevent the spoilage of perishable food products and agricultural commodities across the globe. These refrigerated vehicle helps to restrict the temperature fluctuation during the transit and maintain the temperature...
Refrigerated Transport Market Will Hit Big Revenues In Future
According to MarketsandMarkets, the global refrigerated transport market is estimated to be valued at USD 15.5 billion in 2019 and is projected to reach USD 21.6 billion by 2025, recording a CAGR of 5.8% from 2019 to 2025. The growth of the refrigerated transport market is attributed to the increasing trade of perishable commodities at a global level, as lower tariffs enable ease of cross-border...
Technological Innovations in Refrigerated Systems and Equipment to Drive the Market for Refrigerated Transport
The global refrigerated transport market is estimated to be valued at USD 14.64 billion in 2018 and is projected to reach USD 19.29 billion by 2023, recording a CAGR of 5.67% during the forecast period. The growth of the refrigerated transport market is attributed to an increase in the demand for temperature-controlled food across the globe, rise in globalization, and technological advancements in...