Refrigerated Truck Body Market was valued at USD 8.5 Billion in 2022 and is projected to reach USD 12.3 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The refrigerated truck body market has experienced significant growth from 2018 to 2022, driven by increasing demand in the food and pharmaceutical industries. As global trade and consumption of perishable goods continue to rise, the necessity for efficient and reliable transportation solutions has been amplified. Refrigerated trucks, also known as reefer trucks, are essential for maintaining the required temperature conditions for goods like fresh produce, dairy, meats, and vaccines. According to market reports, the global refrigerated truck body market grew at a robust CAGR (Compound Annual Growth Rate) during this period, supported by an expanding e-commerce sector and technological advancements in refrigeration systems.
From 2023 to 2033, the outlook for the refrigerated truck body market is expected to evolve significantly due to shifts in global trade patterns, climate changes, and new industry regulations. As the food and beverage industry continues to expand, demand for refrigerated transport will remain high. However, the integration of more sustainable and energy-efficient technologies will reshape the market, with manufacturers focusing on electric refrigerated trucks and environmentally friendly insulation materials. This is aligned with global sustainability trends and regulations aimed at reducing carbon footprints. Moreover, the introduction of smart refrigeration systems that enable real-time monitoring and control of temperature during transit will likely drive further growth.
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Ulitity Trailer Manufacturing Co.
Kidron
KITAMURA MANUFACTURING CO.
LTD.
Mickey Truck Bodies
Delivery Concept
TOPOLO
MORGAN
Hercules Manufacturing Company
Schmitz Cargobull
Johnson Refrigerated Truck Bodies
Truck and Transportation Equipment Company
Carlsen Baltic
EBO van Weel
Transforcool
Emerald Transportation Solutions
Cold Car USA
Wabash National
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 Refrigerated Truck Body Market
Food Industry
Express Industry
Medical Industry
Based on Types the Market is categorized into Below types that held the largest Refrigerated Truck Body market share In 2023.
Closed
Box
Semi-mounted
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 Refrigerated Truck Body 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 Refrigerated Truck Body Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Refrigerated Truck Body Market, By Type
6. Global Refrigerated Truck Body Market, By Application
7. Global Refrigerated Truck Body Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Refrigerated Truck Body Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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