+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Refrigerated Goods Trucking Global Market Report 2024

  • PDF Icon

    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939069

Quick Summary:

In the ever-evolving landscape of global logistics, the refrigerated goods trucking market stands out as an indispensable link in the preservation and delivery chain for perishables and temperature-sensitive products. Amidst the tightening regulations for food safety, increasing demand for high-quality perishables, and the pressing need for medical supply preservation, businesses worldwide are seeking reliable cold chain solutions that can rise to these complex challenges. Our market research report provides an in-depth exploration of how this industry is adapting and growing to meet these critical demands.

Our comprehensive report is a must-have for senior executives looking to make informed decisions and capitalize on the market's dynamics. It offers a thorough analysis of key drivers, including technological advancements, industry consolidation, and strategic partnerships that underscore the sector's rapid transformation. With a focus on enhancing efficiency and expanding services, the report highlights how top-tier companies are setting the stage for robust growth and sustained competitiveness in the refrigerated goods trucking industry.

The refrigerated goods trucking market size has grown rapidly in recent years. It will grow from $69.94 billion in 2023 to $77.02 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth observed in the historical period can be ascribed to a rising demand for perishable foods, robust economic expansion in emerging markets, low oil prices, and changes in taxation.

The refrigerated goods trucking market size is expected to see strong growth in the next few years. It will grow to $110.36 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The forecasted growth in the upcoming period is linked to several factors, including the expansion of food exports, advancements in technology, the rise of organic foods, swift urbanization, and heightened demand from the healthcare industry. Notable trends in the forecast period encompass the adoption of connected trucking, investments in technological innovations, utilization of advanced robots for tasks such as picking, loading, unloading, and packing shipments, implementation of collision mitigation systems for safer travel, the application of demand pricing strategies to optimize asset utilization and manage capacities, and the integration of big data and artificial intelligence.

The anticipated rise in demand for perishable foods, including ready-to-eat items, dairy products, and fruits and vegetables, is expected to contribute to the expansion of the refrigerated goods trucking market. Suppliers are responding to the heightened demand for frozen food products by enhancing their refrigerated units with multi-temperature systems, computer controls, and thermal liners to maintain the required temperature for food storage. According to the National Dairy Development Board (NDDB), the Indian market's demand for milk is projected to reach 180 million tons by 2022. Consequently, the increasing need for refrigerated food items is anticipated to propel the refrigerated goods trucking market's growth in the forecast period.

The continuous growth of international trade is poised to drive the refrigerated goods trucking market forward. International trade involves the exchange of goods and services across countries, encompassing imports and exports to foster mutual economic benefits and global economic interdependence. Refrigerated goods trucking plays a crucial role in facilitating the global transportation of perishable commodities, ensuring the preservation of temperature-sensitive products during international trade. In February 2022, the United Nations Conference on Trade and Development (UNCTAD) reported that the value of global trade reached a record $28.5 trillion in 2021, marking a 25% increase over 2020. In the fourth quarter of 2021 alone, trade in goods rose by nearly $200 billion, reaching around $5.8 trillion, setting a new record. Thus, the continuous growth of international trade is fostering the expansion of the refrigerated goods trucking market.

Leading companies in this market are consistently investing in the introduction of new technologies, such as cloud computing and IoT solutions, to enable real-time tracking for enhanced accountability, visibility, and performance in refrigerated storage and transport. Real-time tracking involves monitoring the location and movement of people, vehicles, or assets in real-time using GPS or other tracking technologies. For example, in August 2021, Geotab Inc., a Canada-based telematics company, introduced a Cold Chain solution specifically designed for transport, aiming to optimize last-mile delivery. This solution assists fleet managers in controlling temperature conditions during transportation, providing crucial support for maintaining the cold chain in various industries, including food and beverage, healthcare, and pharmaceuticals.

Major players in the refrigerated goods trucking market are concentrating on establishing strategic partnerships to drive revenues. Strategic partnerships enable refrigerated goods trucking companies to optimize their logistics, expand market reach, and enhance fleet efficiency through collaborative agreements with suppliers, distributors, or technology providers. In May 2023, Aurora Innovation Inc., a US-based self-driving vehicle technology company, formed a partnership with Hirschbach Motor Lines Inc., a US-based provider of trucking transportation services, to expand commercial operations and test autonomous trucking for refrigerated cargo. The partnership's objective is to autonomously transport perishable goods between Dallas and Houston, introducing a new trailer type into Aurora's operations. This collaboration allows Aurora to contribute to the transportation of crucial, time-sensitive refrigerated products and expand its network of carriers and shippers benefiting from its autonomous trucking service.

In June 2021, Worldwide Express LLC, a US-based logistics provider, merged with GlobalTranz Enterprises LLC, for an undisclosed amount. The merger positions the companies to drive technology adoption, strengthen carrier partnerships, and offer a more comprehensive range of services to their customers. GlobalTranz Enterprises LLC is a US-based provider of logistics services and supply chain management solutions, including refrigerated goods trucking.


Major companies operating in the refrigerated goods trucking market report are Prime Inc., Stevens Transport, Knight-Swift Transportation Holdings Inc., C.R. England, Marten Transport Ltd., China International Marine Containers, Great Dane, Schmitz Cargobull AG, Shaffer Trucking, KLLM Transport Services, Deutsche Post DHL, Nippon Express, Yamato Transport Co. Ltd (Japan), Yusen Logistics & TASCO, Sinchai Cold Storage, Tiong Nam Logistics, Jentec Storage Inc., Kogel Trailer GmbH & Co, SNCF Deodis, GERCO S.A, STEF, HSF Logistics, Algarverpania Refrigeration, Krone, Gibon Logistics, CEE Logistics, GEFCO, Kuehne-Nagel, Hyundai Translead Inc., Wabash National, JSL S. A, Transportes Bertolini Ltda, Braspress Logistics, DHL Global Forwarding, CEVA logistics, ATS Dubai, Mashaweer, ADSO, HST Logistics LLC, Carrier Global Corporation, Daikin Industries, Ltd., Denso Corporation, Klinge Corporation, Mitsubishi Heavy Industries, Ltd., Subros Limited, Songz Automobile Air Conditioning Co., Ltd., Thermo King (Trane Technologies), Webasto Thermo & Comfort.

North America was the largest region in the refrigerated goods trucking market in 2023. Western Europe was the second largest region in the global refrigerated goods trucking market share. The regions covered in the refrigerated goods trucking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the refrigerated goods trucking market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The primary vehicle types in the refrigerated goods trucking market include light commercial vehicles, medium-heavy commercial vehicles, and heavy commercial vehicles. Light commercial vehicles, defined as those with a gross vehicle weight exceeding 7,500 kilograms, are utilized for transporting various items such as fruits, vegetables, white goods, beverages, and more. The market is further segmented based on temperature control into single temperature and multi-temperature categories. Additionally, applications in the refrigerated goods trucking market include transporting food products, poultry, meat, seafood, dairy and beverages, bakery and confectionery items, pharmaceuticals, and other related goods.

The refrigerated goods trucking market research report is one of a series of new reports that provides refrigerated goods trucking market statistics, including refrigerated goods trucking industry global market size, regional shares, competitors with a refrigerated goods trucking market share, detailed refrigerated goods trucking market segments, market trends and opportunities, and any further data you may need to thrive in the refrigerated goods trucking industry. This refrigerated goods trucking market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The refrigerated goods trucking market includes revenue generated by entities that provide transportation services for products that must be kept at a specific temperature in order to maintain product shelf life and reduce the possibility of degradation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Frequently Asked Questions about the Global Refrigerated Goods Trucking Market

What is the estimated value of the Global Refrigerated Goods Trucking Market?

The Global Refrigerated Goods Trucking Market was estimated to be valued at $77.02 Billion in 2024.

What is the growth rate of the Global Refrigerated Goods Trucking Market?

The growth rate of the Global Refrigerated Goods Trucking Market is 9.4%, with an estimated value of $110.36 Billion by 2028.

What is the forecasted size of the Global Refrigerated Goods Trucking Market?

The Global Refrigerated Goods Trucking Market is estimated to be worth $110.36 Billion by 2028.

Who are the key companies in the Global Refrigerated Goods Trucking Market?

Key companies in the Global Refrigerated Goods Trucking Market include Prime Inc., Stevens Transport, Knight, Swift Transportation Holdings Inc., C.R. England, Marten Transport Ltd., China International Marine Containers, Great Dane, Schmitz Cargobull AG and Shaffer Trucking.

Table of Contents

1. Executive Summary2. Refrigerated Goods Trucking Market Characteristics3. Refrigerated Goods Trucking Market Trends and Strategies
4. Refrigerated Goods Trucking Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Refrigerated Goods Trucking Market Size and Growth
5.1. Global Refrigerated Goods Trucking Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Refrigerated Goods Trucking Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Refrigerated Goods Trucking Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Refrigerated Goods Trucking Market Segmentation
6.1. Global Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Light Commercial Vehicle
  • Medium Heavy Commercial Vehicles
  • Heavy Commercial Vehicles
6.2. Global Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Single Temperature
  • Multi-Temperature
6.3. Global Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Food Products
  • Poultry, Meat, and Seafood
  • Dairy and Beverages
  • Bakery and Confectionery
  • Pharmaceutical
  • Other Applications
7. Refrigerated Goods Trucking Market Regional and Country Analysis
7.1. Global Refrigerated Goods Trucking Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Refrigerated Goods Trucking Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Refrigerated Goods Trucking Market
8.1. Asia-Pacific Refrigerated Goods Trucking Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Refrigerated Goods Trucking Market
9.1. China Refrigerated Goods Trucking Market Overview
9.2. China Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Refrigerated Goods Trucking Market
10.1. India Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Refrigerated Goods Trucking Market
11.1. Japan Refrigerated Goods Trucking Market Overview
11.2. Japan Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Refrigerated Goods Trucking Market
12.1. Australia Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Refrigerated Goods Trucking Market
13.1. Indonesia Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Refrigerated Goods Trucking Market
14.1. South Korea Refrigerated Goods Trucking Market Overview
14.2. South Korea Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Refrigerated Goods Trucking Market
15.1. Western Europe Refrigerated Goods Trucking Market Overview
15.2. Western Europe Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Refrigerated Goods Trucking Market
16.1. UK Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Refrigerated Goods Trucking Market
17.1. Germany Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Refrigerated Goods Trucking Market
18.1. France Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Refrigerated Goods Trucking Market
19.1. Italy Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Refrigerated Goods Trucking Market
20.1. Spain Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Refrigerated Goods Trucking Market
21.1. Eastern Europe Refrigerated Goods Trucking Market Overview
21.2. Eastern Europe Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Refrigerated Goods Trucking Market
22.1. Russia Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Refrigerated Goods Trucking Market
23.1. North America Refrigerated Goods Trucking Market Overview
23.2. North America Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Refrigerated Goods Trucking Market
24.1. USA Refrigerated Goods Trucking Market Overview
24.2. USA Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Refrigerated Goods Trucking Market
25.1. Canada Refrigerated Goods Trucking Market Overview
25.2. Canada Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Refrigerated Goods Trucking Market
26.1. South America Refrigerated Goods Trucking Market Overview
26.2. South America Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Refrigerated Goods Trucking Market
27.1. Brazil Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Refrigerated Goods Trucking Market
28.1. Middle East Refrigerated Goods Trucking Market Overview
28.2. Middle East Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Refrigerated Goods Trucking Market
29.1. Africa Refrigerated Goods Trucking Market Overview
29.2. Africa Refrigerated Goods Trucking Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Refrigerated Goods Trucking Market, Segmentation by Temperature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Refrigerated Goods Trucking Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Refrigerated Goods Trucking Market Competitive Landscape and Company Profiles
30.1. Refrigerated Goods Trucking Market Competitive Landscape
30.2. Refrigerated Goods Trucking Market Company Profiles
30.2.1. Prime Inc.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Stevens Transport
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Knight-Swift Transportation Holdings Inc.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. C.R. England
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Marten Transport Ltd.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Refrigerated Goods Trucking Market Other Major and Innovative Companies
31.1. China International Marine Containers
31.2. Great Dane
31.3. Schmitz Cargobull AG
31.4. Shaffer Trucking
31.5. KLLM Transport Services
31.6. Deutsche Post DHL
31.7. Nippon Express
31.8. Yamato Transport Co. Ltd (Japan)
31.9. Yusen Logistics & TASCO
31.10. Sinchai Cold Storage
31.11. Tiong Nam Logistics
31.12. Jentec Storage Inc
31.13. Kogel Trailer GmbH & Co
31.14. SNCF Deodis
31.15. GERCO S.A, STEF, HSF Logistics, Algarverpania Refrigeration
32. Global Refrigerated Goods Trucking Market Competitive Benchmarking33. Global Refrigerated Goods Trucking Market Competitive Dashboard34. Key Mergers and Acquisitions in the Refrigerated Goods Trucking Market
35. Refrigerated Goods Trucking Market Future Outlook and Potential Analysis
35.1 Refrigerated Goods Trucking Market in 2028 - Countries Offering Most New Opportunities
35.2 Refrigerated Goods Trucking Market in 2028 - Segments Offering Most New Opportunities
35.3 Refrigerated Goods Trucking Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Refrigerated Goods Trucking Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on refrigerated goods trucking market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for refrigerated goods trucking? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Vehicle Type: Light Commercial Vehicle; Medium Heavy Commercial Vehicles; Heavy Commercial Vehicles
2) By Temperature: Single Temperature; Multi-Temperature
3) By Application: Food Products; Poultry, Meat, and Seafood; Dairy and Beverages; Bakery and Confectionery; Pharmaceutical; Other Applications

Key Companies Mentioned: Prime Inc.; Stevens Transport; Knight-Swift Transportation Holdings Inc.; C.R. England; Marten Transport Ltd.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Prime Inc.
  • Stevens Transport
  • Knight-Swift Transportation Holdings Inc.
  • C.R. England
  • Marten Transport Ltd.
  • China International Marine Containers
  • Great Dane
  • Schmitz Cargobull AG
  • Shaffer Trucking
  • KLLM Transport Services
  • Deutsche Post DHL
  • Nippon Express
  • Yamato Transport Co. Ltd (Japan)
  • Yusen Logistics & TASCO
  • Sinchai Cold Storage
  • Tiong Nam Logistics
  • Jentec Storage Inc
  • Kogel Trailer GmbH & Co
  • SNCF Deodis
  • GERCO S.A
  • STEF
  • HSF Logistics
  • Algarverpania Refrigeration
  • Krone
  • Gibon Logistics
  • CEE Logistics
  • GEFCO
  • Kuehne-Nagel
  • Hyundai Translead Inc.
  • Wabash National
  • JSL S. A
  • Transportes Bertolini Ltda
  • Braspress Logistics
  • DHL Global Forwarding
  • CEVA logistics
  • ATS Dubai
  • Mashaweer
  • ADSO
  • HST Logistics LLC
  • Carrier Global Corporation
  • Daikin Industries, Ltd.
  • Denso Corporation
  • Klinge Corporation
  • Mitsubishi Heavy Industries, Ltd.
  • Subros Limited
  • Songz Automobile Air Conditioning Co., Ltd.
  • Thermo King (Trane Technologies)
  • Webasto Thermo & Comfort

Methodology

Loading
LOADING...