Article -> Article Details
| Title | Refrigerated Transport Market Size, Share And Trends Report 2033 |
|---|---|
| Category | Business --> Transportation and Logistics |
| Meta Keywords | Refrigerated Transport Market, Refrigerated Transport Market Size, Refrigerated Transport Market Share |
| Owner | James |
| Description | |
| Refrigerated Transport Market
Size Overview: The global refrigerated transport
market was valued at USD 19.6 Billion in 2024 and is projected to reach USD
29.3 Billion by 2033. The market is expected to grow at a CAGR of 4.54% during
the forecast period 2025-2033. Asia Pacific dominates the market with a 35.2%
share in 2024, driven by strong demand for processed and frozen foods, retail
and e-commerce logistics growth, pharmaceutical exports, and advancements in
cold chain infrastructure. The global Refrigerated
Transport Market Size is growing steadily as demand for
temperature-controlled logistics increases across food, pharmaceutical, and
chemical industries. Rising consumption of frozen and packaged foods, expanding
cold chain infrastructure, and stricter regulations on product safety are key
growth drivers. Additionally, advancements in refrigeration technologies,
fuel-efficient vehicles, and real-time monitoring systems are further
supporting the expansion of the Refrigerated Transport Market Size worldwide. Study Assumption Years
Refrigerated Transport Market
Key Takeaways
Download a sample PDF of this
report: https://www.imarcgroup.com/refrigerated-transport-market/requestsample Market Growth Factors This growth is driven by
increased demand for carrying fresh fruits, vegetables, meat, dairy, and
seafood that rely on continuous refrigeration for the integrity and shelf-life
of products. Temperature-controlled pharmaceuticals such as vaccines, biologics,
insulin and other medications are also a meaningful contributor to the
industry's growth; hospitals and the increasing distribution of vaccine are
contributing to the global pharmaceutical cold chain. Fleet managers have
adopted telematics, temperature monitoring, and artificial-intelligence-based
routing technologies alongside investments in low-emission vehicles and
sustainable refrigerants, which has enabled them to complete sustainable green
logistics activities. Pharmaceuticals and healthcare
industry use products in the end because chronic disorders increasingly prevail
and the population ages, with WHO expecting that 1 in 6 people will be aged 60
years or over by 2030. COVID-19 spread, which highlighted how people need
refrigerated transportation they can rely upon with vaccines, medical supplies,
temperature controls with precision in hospitals, pharmacies, and healthcare
centers. This healthcare-related demand drives the growth of
temperature-controlled logistics. Electric and solar powered
refrigerated transport is more energy efficient and less polluting than diesel.
The use of smart technology is increasing, with temperature, humidity and
vehicle location monitored in real time to limit spoilage and contamination. In
2024, the electric-field technology refrigerated ocean transport, developed
first by Sumitomo and OOCL, is becoming a low-carbon technology for
refrigerated ocean transport that extends the shelf life and quality in
comparison to standard ocean transport, thereby reducing dependence on
higher-cost air transport. Market Segmentation Mode of Transportation:
Technology:
Temperature:
Application:
Regional Insights Asia Pacific dominates the
refrigerated transport market with a 35.2% share in 2024. This is attributed to
rapid urbanization, rising disposable incomes, strong demand for perishable
goods including fresh produce, dairy, and meat products, and growth in retail
and e-commerce logistics sectors. The region benefits from stringent food
safety regulations and investments in sustainable cold chain logistics
technologies and infrastructure. Recent Developments & News
Key Players
If you require any specific
information that is not covered currently within the scope of the report, we
will provide the same as a part of the customization. Ask An Analyst:https://www.imarcgroup.com/request?type=report&id=1861&flag=C About Us IMARC Group is a global
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