ShareThe global refrigerated trailer market
The global refrigerated trailer market is projected to expand at a Compound Annual Growth Rate (CAGR) of 4.4% during the period 2015-2021.
The global refrigerated trailer market is projected to expand at a Compound Annual Growth Rate (CAGR) of 4.4% during the period 2015-2021.
The market is segmented on the basis of geographical region, product type and end use. By product type, chilled was the largest segment in the refrigerated trailer market, accounting for a 61.3% share in 2014.
On the basis of end use, the market has been segmented into dairy, fruits & vegetables, meat & seafood and others (confectionery, bakery and medicinal products). Globally, meat & seafood is the predominant end use segment, accounting for a 32.6% share in the global refrigerated trailer market in 2014, and is expected to account for a 31.7% share by 2021 due to increasing demand for packaged meat and seafood across the globe.
The global refrigerated trailer market has been segmented into five major regions, which include North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa. North America was the largest market for refrigerated trailers, accounting for over a 30% share in 2014. Western Europe ranked second with over a 27% market share in 2014, followed by APAC. Asia Pacific is anticipated to be the fastest growing region in the refrigerated trailer market over the forecast period.
Key market participants covered in the report include Wabash National Commercial Trailer Products, Great Dane Trailers, Inc., Utility Trailer Manufacturing Company, Schmitz Cargobull AG, Fahrzeugwerk Bernard KRONE GmbH, Kögel Trailer GmbH & Co. KG, Lamberet Refrigerated SAS, Montracon Ltd., Gray & Adams Ltd. and Randon Implementos.
Source : http://www.businesswire.com/
The market is segmented on the basis of geographical region, product type and end use. By product type, chilled was the largest segment in the refrigerated trailer market, accounting for a 61.3% share in 2014.
On the basis of end use, the market has been segmented into dairy, fruits & vegetables, meat & seafood and others (confectionery, bakery and medicinal products). Globally, meat & seafood is the predominant end use segment, accounting for a 32.6% share in the global refrigerated trailer market in 2014, and is expected to account for a 31.7% share by 2021 due to increasing demand for packaged meat and seafood across the globe.
The global refrigerated trailer market has been segmented into five major regions, which include North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa. North America was the largest market for refrigerated trailers, accounting for over a 30% share in 2014. Western Europe ranked second with over a 27% market share in 2014, followed by APAC. Asia Pacific is anticipated to be the fastest growing region in the refrigerated trailer market over the forecast period.
Key market participants covered in the report include Wabash National Commercial Trailer Products, Great Dane Trailers, Inc., Utility Trailer Manufacturing Company, Schmitz Cargobull AG, Fahrzeugwerk Bernard KRONE GmbH, Kögel Trailer GmbH & Co. KG, Lamberet Refrigerated SAS, Montracon Ltd., Gray & Adams Ltd. and Randon Implementos.
Source : http://www.businesswire.com/