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Global Refrigerated Transport Market Size, Share, Trends: By Mode of Transportation: Refrigerated Road Transport, Refrigerated Sea Transport, Refrigerated Rail Transport, Refrigerated Air Transport; By Technology: Vapour Compression Systems, Others; By Temperature; By Application; Regional Analysis; Competitive Landscape; 2024-2032
Refrigerated Transport Market Analysis
The growing food and beverage industry represents one of the key factors driving the growth of the industry. Furthermore, owing to the increasing health-consciousness among consumers, the demand for frozen variants of various fresh products has increased, which in turn expected to foster the industry growth. Also, the increasing demand for perishable goods is anticipated to boost the refrigerated transport market, since it aids in extending the shelf-life of these products and ensure year-round availability of seasonal goods. Since the food products require controlled temperatures while transportation for the storage and prevention of spoilage, refrigerated transport is becoming integral to the distribution process.
Refrigerated Transport Market Report Snapshots
Refrigerated Transport Market Size
Refrigerated Transport Market Analysis
Refrigerated Transport Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Refrigerated Transport Market Analysis
8.1 Key Industry Highlights
8.2 Global Refrigerated Transport Historical Market (2018-2023)
8.3 Global Refrigerated Transport Market Forecast (2024-2032)
8.4 Global Refrigerated Transport Market by Mode of Transportation
8.4.1 Refrigerated Road Transport
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Refrigerated Sea Transport
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Refrigerated Rail Transport
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Refrigerated Air Transport
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 Global Refrigerated Transport Market by Technology
8.5.1 Vapour compression Systems
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Air-Blown Evaporators
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Eutectic Devices
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Cryogenic Systems
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.6 Global Refrigerated Transport Market by Temperature
8.6.1 Single-Temperature
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Multi-Temperature
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Refrigerated Transport Market by Application
8.7.1 Chilled Food Products
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.1.3 Major Types
8.7.1.3.1 Dairy Products
8.7.1.3.2 Bakery and Confectionery Products
8.7.1.3.3 Fresh Fruits and Vegetables
8.7.1.3.4 Others
8.7.2 Frozen Food Products
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.2.3 Major Types
8.7.2.3.1 Frozen Dairy Products
8.7.2.3.2 Processed Meat Products
8.7.2.3.3 Fish and Seafood Products
8.7.2.3.4 Others
8.7.3 Others
8.8 Global Refrigerated Transport Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Refrigerated Transport Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Refrigerated Transport Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Refrigerated Transport Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Refrigerated Transport Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Refrigerated Transport Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 C.H. Robinson Worldwide, Inc
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Carrier
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Daikin Europe N.V
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 DB Schenker
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Trane Technologies
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Refrigerated Transport Market: Key Industry Highlights, 2018 and 2032
2. Global Refrigerated Transport Historical Market: Breakup by Mode of Transportation (USD Billion), 2018-2023
3. Global Refrigerated Transport Market Forecast: Breakup by Mode of Transportation (USD Billion), 2024-2032
4. Global Refrigerated Transport Historical Market: Breakup by Technology (USD Billion), 2018-2023
5. Global Refrigerated Transport Market Forecast: Breakup by Technology (USD Billion), 2024-2032
6. Global Refrigerated Transport Historical Market: Breakup by Temperature (USD Billion), 2018-2023
7. Global Refrigerated Transport Market Forecast: Breakup by Temperature (USD Billion), 2024-2032
8. Global Refrigerated Transport Historical Market: Breakup by Application (USD Billion), 2018-2023
9. Global Refrigerated Transport Market Forecast: Breakup by Application (USD Billion), 2024-2032
10. Global Refrigerated Transport Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Refrigerated Transport Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Refrigerated Transport Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Refrigerated Transport Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Refrigerated Transport Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Refrigerated Transport Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Refrigerated Transport Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Refrigerated Transport Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Refrigerated Transport Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Refrigerated Transport Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Refrigerated Transport Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Refrigerated Transport Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Refrigerated Transport Market Structure
Key Questions Answered in the Report
In 2023, the global refrigerated transport market reached a value of USD 18.03 billion.
In the forecast period of 2024-2032, the market is projected to grow at a CAGR of 5.5%.
By 2032, the market is estimated to attain USD 29.20 billion.
The thriving food and beverage sector, the increasing importance of refrigerated transport in the food distribution process, and the rising demand for perishable goods and seasonal fruits are propelling the market.
The growing consumption of frozen variants of fresh products due to rising demand for healthy food products is a key trend driving the growth of the market.
The major regions in the market are Latin America, North America, the Middle East and Africa, Europe, and the Asia Pacific.
The various modes of transportation considered in the market report are refrigerated road transport, refrigerated sea transport, refrigerated air transport, and refrigerated rail transport.
Vapour compression systems, air-blown evaporators, eutectic devices, and cryogenic systems are the major technologies of refrigerated transport considered in the market report.
The significant temperatures considered in the market report include single-temperature and multi-temperature.
Chilled food products and frozen food products, among others, are the several applications of refrigerated transport.
The leading players in the market are C.H. Robinson Worldwide, Inc, Carrier, Daikin Europe N.V., DB Schenker, and Trane Technologies, among others.
Analyst Review
The global refrigerated transport market attained a value of USD 18.03 billion in 2023 driven by rising demand for perishable goods. Aided by the growing integration of refrigerated transport in the food distribution process, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.5%. The market is projected to reach USD 29.20 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on the mode of transportation, the market is segmented into refrigerated road, sea, rail, and air transport, with the refrigerated road transport accounting for the largest market share. On the basis of technology, vapour compression systems account for the leading market share. Single-temperature and multi-temperature are the major temperature segments in the industry, with single-temperature segment dominating the market. On the basis of application, the chilled food products led the industry. The major regional markets for refrigerated transport are North America, the Asia Pacific, Europe, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the industry. The key players in the above industry include C.H. Robinson Worldwide, Inc, Carrier, Daikin Europe N.V., DB Schenker, Trane Technologies, and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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