Import and Export Refrigerated Transportation Market was valued at USD 15.5 Billion in 2022 and is projected to reach USD 25.6 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The global import and export refrigerated transportation market was valued at approximately USD 20.5 billion in 2022. This market is projected to experience a compound annual growth rate (CAGR) of 6.8% from 2023 to 2028. The growth is driven by the increasing demand for temperature-sensitive goods, including pharmaceuticals and perishable foods, and the rising trend of globalization and international trade. Advanced technologies in refrigeration and logistics, along with stringent regulations on food safety and quality, are further propelling market expansion.
Opportunity analysis reveals significant potential in emerging markets, particularly in regions with expanding industrial and consumer bases. Countries in Southeast Asia, Latin America, and parts of Africa present lucrative growth opportunities due to improving infrastructure and increasing trade activities. Furthermore, advancements in refrigerated transportation technologies, such as IoT-enabled tracking systems and energy-efficient refrigeration units, are set to enhance operational efficiency and open new avenues for market players. The demand for sustainable and environmentally friendly transportation solutions is also expected to drive innovation and growth in these emerging markets.
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J.B. Hunt Transport
FedEx
C.H. Robinson Worldwide
Maersk
Americold
Toll Group
Samskip
Saddle Creek Logistics Services
SRT
Bay & Bay
TRC
SWIFT
Pride Transport
Witte Bros
Greene Transport
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Import and Export Refrigerated Transportation Market
Frozen Commodity
Chilled Commodity
Based on Types the Market is categorized into Below types that held the largest Import and Export Refrigerated Transportation market share In 2023.
Road Sea Type
Rail Type
Air Type
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Import and Export Refrigerated Transportation Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Import and Export Refrigerated Transportation Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Import and Export Refrigerated Transportation Market, By Type
6. Global Import and Export Refrigerated Transportation Market, By Application
7. Global Import and Export Refrigerated Transportation Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Import and Export Refrigerated Transportation Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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