Refrigerated Trailer Market, By Product Type (Frozen and Chilled), End-use Industry (Diary, Fruit& Vegetables, Meat & Seafood and Others(Medicines, Bakery, etc.), by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Si

Refrigerated Trailer Market, By Product Type (Frozen and Chilled), End-use Industry (Diary, Fruit& Vegetables, Meat & Seafood and Others(Medicines, Bakery, etc.), by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

A refrigerated trailer is a part of van or truck used to transport perishable goods at specific temperature. Refrigerated trailers are available in two different ranges namely positive temperature range for chilled ones and negative temperature range for carrying frozen food products. Refrigerated trailers are designed Refrigerated trucks are used for transportation of perishable products such as fish, meat, vegetables, fruits, flowers, dairy products, and poultry products. Moreover, these trucks are used by shippers to make products fresh by providing them temperature and also protect these products and materials against any damage. The most commonly used refrigerated trailers or trucks are 16 m (53’) long, with height of around 2.5 m for single deck and over 4 m for a double deck. This, in turn, these factors are expected to drive the growth of global refrigerated trailer market.

The global refrigerated trailer is estimated to account for US$ 3187.4 Mn in terms of value by the end of 2030.

Market Dynamics

Increased demand for perishable products such as fruits, vegetables, meat and seafood is the major factor driving the growth of global refrigerated trailer market. The rising demand for various dairy products is also affecting the demand of this market. Consumers all over the world are consuming dairy products in their everyday diet as a good source of proteins and minerals. Consumption of dairy products is increasing due to easy availability in the market. The transportation of the dairy products required cold chains and refrigerated trucks with temperature controlled environment in order to prevent products from spoilage and maintains safety. Rising health awareness regarding dairy products such as cheese and milk is also leading the market of refrigerated trucks. According to the U.S. Department of Agriculture, in 2019, annual milk production in the U.S. reached 218,322 mil lb., increased from 215,527 mil lb. in 2017. Moreover, according to Our World in Data, an online publication journal, global milk production reached 800 million ton in 2018.

Government of various emerging economies in Asia-Pacific region such as India and China are focused on improving food preservation and transportation, and also increasing food safety. They have started to implement stringent regulatory policies and norms in food and beverage sector. This, in turn, is expected to drive the demand for effective refrigerated trailers owing to high demand for perishable food and dairy products in this region. Logistics companies are designed with advanced technology to identify changing consumer’s demands and which help in improving efficiency by using these refrigerated trailers. Hence, these factors are expected to support the global refrigerated trailer market in the near future.

Key features of the study:

• This report provides an in-depth analysis of the global refrigerated trailer and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the global refrigerated trailer based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered in the global refrigerated trailer 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.
• The key market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
• The global refrigerated trailer report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global refrigerated trailer.

Detailed Segmentation

• Global Refrigerated Trailer Market, By Product Type:
• Frozen
• Chilled
• Global Refrigerated Trailer Market, By End-use Industry:
• Dairy
• Fruits & Vegetables
• Meat & Seafood
• Others (Medicines, Bakery, etc.)
• Global Refrigerated trailer, By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
• Company Profiles
• Kogel Trailer GmbH & Co. KG *
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments
• 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

“*” marked represents similar segmentation in other categories in the respective section.