Refrigerated Sea Transportation Market Report: Trends, Forecast and Competitive Analysis to 2030

Refrigerated Sea Transportation Trends and Forecast

The future of the global refrigerated sea transportation market looks promising with opportunities in the food & beverages and pharmaceutical markets. The global refrigerated sea transportation market is expected to grow with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are surge in the popularity of perishable goods and rapid growth in logistics industry and expansion of global trade as a consequence of trade liberalization.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Refrigerated Sea Transportation by Segment

The study includes a forecast for the global refrigerated sea transportation by container type, product type , application, and region.

Refrigerated Sea Transportation Market by Container Type [Shipment Analysis by Value from 2018 to 2030]:

• 20 Feet
• 40 Feet
• 40 Feet High Cube
• 45 Feet High Cube
• Others

Refrigerated Sea Transportation Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Chilled
• Frozen

Refrigerated Sea Transportation Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Food & Beverages
• Pharmaceutical
• Others

Refrigerated Sea Transportation Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Refrigerated Sea Transportation Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies refrigerated sea transportation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the refrigerated sea transportation companies profiled in this report include-

• CMA CGM
• Kuehne + Nagel International
• DHL International
• Ceva Logistics
• Mediterranean Shipping Company
• Dsv Panalpina
• Maersk Line
• Nyk Line
• Hapag-Lloyd
• Hamburg Sud

Refrigerated Sea Transportation Market Insights

Lucintel forecasts that 40 feet will remain the largest segment over the forecast period due to rising prevalence of businesses offering maritime refrigerated transport services.

Within this market, food & beverages will remain the larger segment due to growing global appetite for exotic perishable delicacies fuels.

APAC will remain the largest region over the forecast period due to rising demand for the export of pharmaceutical products that need careful handling of heat.

Features of the Global Refrigerated Sea Transportation Market

Market Size Estimates: Refrigerated sea transportation market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Refrigerated sea transportation market size by container type, product type , application, and region in terms of value ($B).

Regional Analysis: Refrigerated sea transportation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different container type, product type , application, and regions for the refrigerated sea transportation market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the refrigerated sea transportation market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for refrigerated sea transportation market?

Answer: The global refrigerated sea transportation market is expected to grow with a CAGR of 6.8% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the refrigerated sea transportation market?

Answer: The major drivers for this market are surge in the popularity of perishable goods and rapid growth in logistics industry and expansion of global trade as a consequence of trade liberalization.

Q3. What are the major segments for refrigerated sea transportation market?

Answer: The future of the refrigerated sea transportation market looks promising with opportunities in the food & beverages and pharmaceutical markets.

Q4. Who are the key refrigerated sea transportation market companies?

Answer: Some of the key refrigerated sea transportation companies are as follows:

• CMA CGM
• Kuehne + Nagel International
• DHL International
• Ceva Logistics
• Mediterranean Shipping Company
• Dsv Panalpina
• Maersk Line
• Nyk Line
• Hapag-Lloyd
• Hamburg Sud

Q5. Which refrigerated sea transportation market segment will be the largest in future?

Answer: Lucintel forecasts that 40 feet will remain the largest segment over the forecast period due to rising prevalence of businesses offering maritime refrigerated transport services.

Q6. In refrigerated sea transportation market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to rising demand for the export of pharmaceutical products that need careful handling of heat.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the refrigerated sea transportation market by container type (20 feet, 40 feet, 40 feet high cube, 45 feet high cube, and others), product type (chilled and frozen), application (food & beverages, pharmaceutical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?