Global Reefer Trailer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Reefer Trailer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A reefer trailer refers to an enclosed van transport vehicle used to maintain the temperature of frozen or fresh-keeping goods which is a special refrigerated transport vehicle equipped with a refrigeration unit and a polyurethane insulation compartment. The reefer trailer can be classified according to the manufacturer, the carrying capacity of the chassis, and the type of the compartment.

Market Overview:

The latest research study on the global Reefer Trailer market finds that the global Reefer Trailer market reached a value of USD 6853.21 million in 2022. It’s expected that the market will achieve USD 9568.35 million by 2028, exhibiting a CAGR of 5.72% during the forecast period.

Assessment of the Overall Impact of COVID-19 on the Industry

The COVID-19 outbreak has disrupted business and economic activities globally. It is expected to have a short-term impact on the Reefer Trailer market to a certain extent. With several countries across the globe announcing nationwide lockdowns and temporary closures of various industries, production and manufacturing have been severely affected. Stopping production not only aggravates the shortage of funds for small and medium-sized enterprises, but also reduces the solvency of enterprises, which may affect production and sales. Some enterprises have difficulties in operation and even go bankrupt. The epidemic situation has seriously affected the logistics and transportation, and the transportation of raw materials is difficult. The industrial chain of small and medium-sized enterprises is imperfect and fragile. Trade barriers have further impacted the demand-supply gap. Companies operating in the Reefer Trailer market have suspended non-essential visits/activities until the COVID-19 outbreak is resolved.

With the gradual control of the epidemic, some factories began to resume operation. However, enterprises need to protect the life and health of employees while operating production, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after production, and testing the body temperature of employees every day to ensure their health. These measures will increase production costs and affect the development of enterprises.

Region Overview:

Europe had the highest growth rate of all regions.

Company Overview:

Utility Trailer Manufacturing Company is one of the major players operating in the Reefer Trailer market, holding a share of 11.32% in 2020.

Utility Trailer Manufacturing Company designs and manufactures trailers and other transportation products. The Company offers dry freight vans, flatbeds, reefers, and curtain sided trailers.

Schmitz Cargobull AG manufactures trailers and semi-trailers for commercial vehicles. The Company offers semi-trailers, tipper vehicles, intermodal-systems, reefer and tilt semi-trailers, curtain siders, special vehicles for road freight transportation, and related spare parts.

Segmentation Overview:

Among different product types, Single-Temperature segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Meat and Sea Food segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Reefer Trailer market covered in Chapter 3:

Lamberet Refrigerated SAS
Great Dane Trailers, Inc.
Schmitz Cargobull AG.
Fahrzeugwerk Bernard KRONE GmbH
Montracon Ltd.
Kogel Trailer GmbH & Co. KG
Gray & Adams Ltd
Wabash National
The Cartwright Group
Utility Trailer Manufacturing Company
Randon Implementos

In Chapter 4 and Chapter 14.2, on the basis of types, the Reefer Trailer market from 2018 to 2029 is primarily split into:

Single-Temperature Refrigerated Trailer
Multi-Temperature Refrigerated Trailer

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Reefer Trailer market from 2018 to 2029 covers:

Dairy Products
Fruits and Vegetables
Meat and Sea Food
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)