ShareThe global refrigerated transport market
The global refrigerated transport market is projected to reach USD 93,656.4 million by 2019, at a (Compound annual growth rate (CAGR) of 15.2% from 2014.
The global refrigerated transport market is projected to reach USD 93,656.4 million by 2019, at a Compound annual growth rate (CAGR) of 15.2% from 2014.
The refrigerated transport market is projected to grow at a CAGR of 15.2% from 2014 to 2019, and poised to show strong growth in the next five years.
North America contributed the most to the inter-trading of perishable foods, hence garnering the largest market share, followed by Europe and Asia-Pacific. The refrigerated transport market is matured in North America and Europe. China and India are the fastest-growing markets in the Asia-Pacific region.
Key service providers such as Toll Holdings Limited (Australia), DHL Line-Deutsche Post AG (Germany), A.P. Moller-Maersk A/S (Denmark), FedEx Corporation (U.S.), Ryder System, Inc. (U.S.), Samskip Holding B.V.(The Netherlands), AmeriCold Logistics, LLC (U.S) and Saddle Creek Logistics Services (U.S.) have been profiled in the report.
Temperature-controlled road transport is rapidly growing as a mode of transportation for perishables in the U.S. and the U.K. sea transport is gaining on the market share of air freight, particularly in terms of transport for perishables such as fruits and vegetables due to technological advancement.
Source: researchandmarkets
The refrigerated transport market is projected to grow at a CAGR of 15.2% from 2014 to 2019, and poised to show strong growth in the next five years.
North America contributed the most to the inter-trading of perishable foods, hence garnering the largest market share, followed by Europe and Asia-Pacific. The refrigerated transport market is matured in North America and Europe. China and India are the fastest-growing markets in the Asia-Pacific region.
Key service providers such as Toll Holdings Limited (Australia), DHL Line-Deutsche Post AG (Germany), A.P. Moller-Maersk A/S (Denmark), FedEx Corporation (U.S.), Ryder System, Inc. (U.S.), Samskip Holding B.V.(The Netherlands), AmeriCold Logistics, LLC (U.S) and Saddle Creek Logistics Services (U.S.) have been profiled in the report.
Temperature-controlled road transport is rapidly growing as a mode of transportation for perishables in the U.S. and the U.K. sea transport is gaining on the market share of air freight, particularly in terms of transport for perishables such as fruits and vegetables due to technological advancement.
Source: researchandmarkets