How Global Refrigerated Goods Trucking Market Players Should Strategize For 2022-2031

The global refrigerated goods 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%.

What is the Global Refrigerated Goods Trucking Market?

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.

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What drives the Global Refrigerated Goods Trucking Market?

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. The surging demand for frozen food items is propelling suppliers to equip their refrigerated units with multi-temperature systems, computer controls, and thermal liners to keep the food at the required temperature. According to the National Dairy Development Board (NDDB), the demand for milk in the Indian market is expected to reach 180 million tons by 2022. Therefore, increasing demand for refrigerated food products is expected to drive the market for refrigerated goods trucking market during the forecast period.

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Global Refrigerated Goods Trucking Market Segments
The global refrigerated goods trucking market is segmented:
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 regions covered in the refrigerated goods trucking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Refrigerated Goods Trucking Global Market Report 2022provides market size and growth forecasts for the global refrigerated goods trucking market, global refrigerated goods trucking market share, refrigerated goods trucking market segments and geographies, refrigerated goods trucking market competitive landscape including leading competitors’ revenues, profiles and market shares. The refrigerated goods trucking market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Refrigerated Goods Trucking Industry Playersinclude 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. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.