The global refrigerated transport market is projected to reach $93,656.4 million by 2019, at a CAGR of 15.2% from 2014
Dallas, TX -- (SBWIRE) -- 01/26/2015 -- The report "Refrigerated Transport Market by Mode (Road, Rail, Sea & Air), Product Type (Chilled & Frozen), Application (Fruits & Vegetables, Bakery & Confectionery, Dairy & Frozen Desserts, Meat, Fish & Seafood & Others) & by Region - Global Trends & Forecasts to 2019" defines and segments the refrigerated transport market, with analyses and projections of the market size in terms of value. It also identifies the driving and restraining factors of refrigerated transport market with analyses of trends, opportunities, restraints, challenges, and burning issues. The market has been segmented and its size has been estimated and projected on the basis of key geographical regions such as North America, Europe, Asia-Pacific, and Rest of the World (RoW).
Browse 94 market data tables and 68 figures spread through 161 pages and in-depth TOC on "Refrigerated Transport Market - Global Trends & Forecasts to 2019"
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The refrigerated transport market is growing in accordance with the increasing demands for food products that happen to be perishable and the technological advancements in the refrigerated transport market. This market is driven by the rise in consumption of frozen food products such as bakery & confectionery products and meat, fish & seafood in developed and developing countries. Increasing demands for food products, coupled with initiatives taken by respective governments to establish organized refrigerated transport systems in emerging economies, provide greater opportunity for the growth of the refrigerated transport industry.
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The global refrigerated transport market is projected to reach $93,656.4 million by 2019, at a CAGR of 15.2% from 2014. In 2013, the North American region was the largest refrigerated transport market, wherein the U.S. dominated this market. The market for refrigerated transport in the Asia-Pacific region is the estimated to be the fastest-growing market from 2014 to 2019.
The refrigerated transport market is a fragmented market, with leading service providers driving the market growth. The report further provides qualitative analyses of the prominent market players and their preferred development strategies. The key service providers in the market identified in this report are 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.).
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