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Refrigerated Trailer Market Expected to Reach $7,658 Million, Globally, by 2022

Refrigerated trailers are innovative and reliable containers that are expected to witness notable growth in the coming years. This is due to their competitive advantages such as ideal temperature and humidity level compared to other batteries. Increasing applications of refrigerated trailers in the frozen & chilled food industry (meat & seafood) is expected to boost in the future.

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Refrigerated Trailer Market Expected to Reach $7,658 Million, Globally, by 2022

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Refrigerated Trailer Market Global Opportunity Analysis and Industry Forecast, 2014-2022

  2. Refrigerated Trailer Market Overview :- Refrigerated Trailer Market Report, published by Allied Market Research, states that the global refrigerated trailer market was valued at 5,588 million in 2015, and is expected to reach $7,658 million by 2022, growing at a CAGR of 4.8% from 2016 to 2022. In 2015, North America dominated the market and contributed more than 41% of the overall market revenue, followed by Europe. Presence of key market players in the U.S. and Europe, rapid industrialization, primarily in manufacturing sectors, and increase in demand for high-quality preserved food have fueled the growth of refrigerated trailer market. Currently, large-scale adoption of refrigerated trailers has been witnessed by meat & seafood and fruits & vegetables segments. Meat & seafood segment has high rate of adoption due to increase in the consumption of readymade and fast food. Price is the most significant factor affecting the overall adoption of these trailers. High cost of these trailers used to transport frozen & chilled food limits its widespread adoption in different cold chain areas and package food transport. In addition, energy-efficient solutions, such as low power consumption trailers, are projected to fuel the market growth.

  3. Refrigerated Trailer Market Overview :- Refrigerated trailer market is expected to grow significantly in Asia-Pacific, owing to an increase in tourism, high food demand, increase in cold chain capacity business, and growth in frozen food sector in China and India. In addition, these countries occupied highest market share in the Asia-Pacific region, followed by Japan. Moreover, the demand for these trailers is anticipated to grow in countries, such as Australia, South Asia and Japan, which is anticipated to boost its adoption among different food end-use verticals. Read more at : https://www.alliedmarketresearch.com

  4. Refrigerated Trailer Market Table of Content :- Chapter: 1. INTRODUCTION Chapter: 2. EXECUTIVE SUMMARY Chapter: 3. MARKET OVERVIEW Chapter: 4. REFRIGERATED TRAILER MARKET BY PRODUCT TYPE, 2014-2022 Chapter: 5. REFRIGERATED TRAILER MARKET BY END USER, 2014-2022 Chapter: 6. REFRIGERATED TRAILER MARKET BY GEOGRAPHY TYPE, 2014-2022 Chapter: 7. COMPANY PROFILES

  5. Refrigerated Trailer Top Impacting Factors :-

  6. Refrigerated Trailer Top Impacting Factors :- Expansion of Cold Chain Capacity Globally Increasing application of refrigerated trailer in cold chain space, which is growing at a rapid pace is driving the market growth. In addition, high food wastage has increased the government’s attention on the use of cold chain capacity. Therefore, expansion of cold chain capacity and government support are expected to boost the market growth in the coming years. Increase in Demand for Package Meat & Seafood Globally Rising demand for packaged food also affecting the adoption of refrigerated trailer. Increasing disposable income and transformed lifestyle have changed the food eating patterns worldwide; thus, people prefers expediency foods, which requires efficient logistics services. In the future, the demand for packaged food is expected to drive the market.

  7. Refrigerated Trailer Top Impacting Factors :- Competitive Landscape The report provides a comprehensive analysis of major market players, such as Wabash National Commercial Trailer Product, Great Dane Trailers, Inc., Utility Trailer Manufacturing Company, Schmitz Cargobull AG., Kogel Trailer GmbH & Co. KG, Fahrzeugwerk Bernard KRONE GmbH, Lamberet Refrigerated SAS, Montracon Ltd., Gray & Adams Ltd, RandonImplementos, and the prominent strategies adopted by them.

  8. Market Segmentation :-

  9. Market key Benefits :- • Refrigerated Trailer Market Key Benefits • The study provides an in-depth analysis of the global refrigerated trailer market to elucidate the prominent investment pockets. • Current trends and future estimations are outlined to determine the overall market scenario and single out profitable trends. • The report provides information about key drivers, restraints, and opportunities with a detailed impact analysis. • Analysis of value chain is conducted to understand the role of intermediaries.

  10. Market key Findings :- • Key Findings of the Refrigerated Trailer Market • The chilled food segment led the overall market revenue in 2015, and is projected to grow at a CAGR of 4.50%. • Fruits & vegetables segment is expected to exhibit rapid growth during the forecast period. • In 2015, North America led the global market; however, Asia-Pacific is expected to witness the highest CAGR. • In 2015, China led the overall Asia-Pacific market, with about one-third share. • Get Sample Copy For More Information

  11. Profiled Key Market Players:- • The major players profiled in this report include:- • Wabash National Commercial Trailer Product • Great Dane Trailers • Utility Trailer Manufacturing Company • Schmitz Cargobull AG • Kogel Trailer GmbH & Co. • KG • Fahrzeugwerk Bernard KRONE GmbH • Lamberet Refrigerated SAS • MontraconLtd • Gray & Adams Ltd • RandonImplementos.

  12. Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/refrigerated-trailer-market Follow Us On

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