The growth of the flower transport market is linked to the growth of damaged goods on a global scale, allowing the transport of goods through the transport of perishable goods. In addition, their operations are expected to facilitate technological advances in cooling systems, especially technological solutions implemented by water service providers to reduce environmental impacts. The introduction of multiple systems is expected to create growth opportunities for cold and mixed water service providers and manufacturers. However, growth prospects are not being met by challenges such as maintenance of transport products, lack of infrastructure in emerging countries and rising costs.
Based on cold food products, the fish and seafood sector are a major part of the refrigerated transport market in 2019.
Based on cold food products, the refrigerator transport market is divided into bread, ice cream, apple meat, dairy products, fish and seafood. Distribution of fish and seafood is expected to be one of the largest sectors in 2019. Expectations for fish and seafood distribution are expected to increase during the forecast period. Manufacturers of sustainable lifestyles provide cold and coconut options. Rapid living has led to increased access to home services, significantly reducing cooking time. These elements are expected to create significant opportunities for fish and seafood manufacturers and other water transport providers in the coming years.
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Key Market Segments:
Key Market Players:
Key players (food & beverage) in this market include General Mills (US), Conagra Foods (US), Kraft Heinz Company (US), Nestle (Switzerland), Associated British Foods (UK), Kerry Group (Ireland), Unilever (UK), Mccain Foods Limited (Canada), Samworth Brothers Limited (UK), and Iceland Foods Ltd. (UK).
- Chilled food products
- Frozen food products
Mode of transportation (Road):
- Vapor compression systems
- Air-blown evaporators
- Eutectic devices
- North America
- Asia Pacific
- Rest of the World (RoW)
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By car, the LCV segment holds the largest market size during the period
Based on the vehicle, the refrigerator transport market is distributed to LCV, MHCV, and HCV. The LCV sector is expected to dominate the market in 2019 and is expected to grow at the highest CAGR during the forecast period. The increase in LCV distribution is due to factors such as demand for home delivery and growth in the food and nutrition sector. The demand for LCV refrigerators encourages growth in dairy and pharmaceutical products by the public for long-distance transportation. In addition, factors such as availability of financing options for the entire vehicle will lead to an increase in sales of LCV refrigerators.
Pacific dominated the main market segment during the forecast period
In 2019, Asia-Pacific will play a key role in the refrigeration transport market. Market growth is the result of increased government investment in the sector for highway, railway, and airport development projects. For example, the Chinese government is investing heavily in transportation infrastructure in 2018. In the first 11 months of 2018, the country spent $ 328 billion, according to government data. However, China’s Ministry of Transport is focusing on speeding up the establishment of a logistics center for transporting and storing goods in the country. These factors are expected to drive the region’s cooling market.
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Table of Content:
Chapter 1 Global Refrigerated Transport Market Overview
Chapter 2 Global Economic Impact on Refrigerated Transport Industry
Chapter 3 Global Refrigerated Transport Market Competition by Manufacturers
Chapter 4 Global Refrigerated Transport Production, Revenue (Value) by Region (2012-2018)
Chapter 5 Global Refrigerated Transport Supply (Production), Consumption, Export, Import by Regions (2012-2018)
Chapter 6 Global Refrigerated Transport Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Refrigerated Transport Market Analysis by Application
Chapter 8 Refrigerated Transport Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Refrigerated Transport Market Forecast (2018-2023)
Chapter 13 Appendix
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