PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1349844
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1349844
Refrigerated Trailer Market, By Product Type, End-use Industry, By Geography (North America, Latin America, Europe, Asia Pacific, Middle East and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Global Refrigerated Trailer market was valued at US$ 4,200 Million in 2022 and is expected to reach US$ 6.4 Bn by 2030, exhibiting a CAGR of 5.5% between 2023 and 2030.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023: | US$ 4.4 Bn |
| Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
| Forecast Period 2023 to 2030 CAGR: | 5.50% | 2030 Value Projection: | US$ 6.4 Bn |
A refrigerated truck or trailer is specifically designed to transport perishable goods at precise temperatures, primarily used for carrying food cargo. These trailers come in two temperature variations: negative for frozen food and positive for refrigerated items. Depending on factors like load capacity, pallet capacity, length, and number of beds, different refrigeration trailers are available. They are commonly utilized for transporting perishables such as fish, meat, vegetables, fruits, dairy, poultry, and even specialty pharmaceuticals with specific temperature requirements. Refrigerated trailers play a critical role in maintaining the freshness and quality of products throughout the entire supply chain. Their ability to maintain a specific temperature range makes them suitable for both frozen and refrigerated food. The trailers' versatility in accommodating various cargo types, along with features like payload capacity, pallet capacity, and deck length, helps optimize logistics operations.
Market Dynamics
The global refrigerated trailer market is experiencing significant growth due to the increased demand for perishable products such as fruits, vegetables, meat, and seafood. Additionally, the rising popularity of various dairy products is further contributing to the market's expansion, driven by the easy availability and growing consumption of dairy items worldwide. The transportation of dairy products requires cold chains and refrigerated trucks with temperature-controlled environments to prevent spoilage and ensure safety.
The market is also propelled by growing health awareness among consumers regarding dairy products like cheese and milk. Various governments, particularly in emerging economies like India and China in the Asia-Pacific region, are implementing stringent regulatory policies to improve food preservation, transportation, and safety. This has led to a higher demand for effective refrigerated trailers to accommodate the increased need for perishable food and dairy products in the region.
Logistics companies are adopting advanced technologies to better understand changing consumer demands and enhance efficiency using refrigerated trailers. These factors collectively support the promising future of the global refrigerated trailer market.
Key features of the study:
- This report provides an in-depth analysis of the global Refrigerated Trailer market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
- It profiles leading players in the global Refrigerated Trailer market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
- Companies covered as a part of this study are Kogel Trailer GmbH & Co. KG, Wabash National Commercial Trailer Products, Randon Implementos, Great Dane Trailers, Inc., Gray & Adams Ltd., Utility Trailer Manufacturing Company, Hyundai Translead, Montracon Ltd., Schmitz Cargobull AG, Lamberet Refrigerated SAAS, and Fahrzeugwerk Bernard KRONE GmbH.
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- Global Refrigerated Trailer market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Refrigerated Trailer market
Detailed Segmentation
- Global Refrigerated Trailer Market, By Product:
- Frozen
- Chilled
- Global Refrigerated Trailer Market, By End-use Industry:
- Diary
- Fruit& Vegetables
- Meat & Seafood
- Others (Medicines, Bakery, etc.)
- Global Refrigerated Trailer Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
- Company Profiles
- Kogel Trailer GmbH & Co. KG
- Wabash National Commercial Trailer Products
- Randon Implementos
- Great Dane Trailers, Inc.
- Gray & Adams Ltd.
- Utility Trailer Manufacturing Company
- Hyundai Translead
- Montracon Ltd.
- Schmitz Cargobull AG
- Lamberet Refrigerated SAAS
- Fahrzeugwerk Bernard KRONE GmbH.
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product
- Market Snippet, By End-use Industry
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Increasing demand for sea food globally.
- Growth in cold chain infrastructure.
- Restraints
- Rising operating costs and proximity of transportation destination.
- Market Opportunities
- High Demand for Luxury Vehicles
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launches/Approvals
- Impact of COVID-19 Pandemic
4. Global Refrigerated Trailer Market, By Product, 2023-2030, (US$ Billion)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends Market Share Analysis, 2022 and 2030 (%)
- Frozen
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Chilled
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
5. Global Refrigerated Trailer Market, By End-use Industry, 2023-2030, (US$ Billion)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends Market Share Analysis, 2022 and 2030 (%)
- Dairy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Fruits & vegetables
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Meat & Seafood
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Others (Medicines, Bakery, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
6. Global Refrigerated Trailer Market, By Region, 2023-2030, (US$ Billion)
- Introduction
- Market Share Analysis, By Country, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018-2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth,2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2018-2030, (US$ Billion)
- South Africa
- GCC Countries
- Rest of the Middle East & Africa
7. Competitive Landscape
- Company Profiles
- Kogel Trailer GmbH & Co. KG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Wabash National Commercial Trailer Products
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Randon Implementos
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Great Dane Trailers, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Gray & Adams Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Utility Trailer Manufacturing Company
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Hyundai Translead
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Montracon Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Schmitz Cargobull AG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Lamberet Refrigerated SAAS
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Analyst Views
8. Section
- References
- Research Methodology
- About us and Sales Contact
