Christy Publications Refrigerated Road Transport Market
Refrigerated Road Transport Market Recent Research: Market
Size, Trends & Forecasts 2018-2026
Refrigerated Road Transport Market study provides key insights about
market drivers, restraints, opportunities, new product launches or
approval, regional outlook, and competitive strategies adopted by the
leading players.
Global refrigerated road transport market was valued at US$ 12.81 billion in 2016, is projected
to exhibit a CAGR of 6.11% over the forecast period (2017–2025), to be valued at US$ 21.78
billion by 2025. Growing demand for efficient distribution of perishable freights such as dairy
products, beverages, processed meat, poultry products, ice cream, fruits and other edible
products, which may perish in the normal environmental conditions are expected to be the
prominent factor fueling growth of the refrigerated road transport market over the forecast
period.
Browse more about the research report @
https://www.coherentmarketinsights.com/market-insight/refrigerated-road-transport-market-1136
According to U.S. Census Bureau, the retail and food services market was valued over US$ 5.51
trillion in 2016, witnessing Y-o-Y growth of 2.98%. Moreover, online business models to cater
the customer requirements on-demand have gained considerable traction over the last few
years. Proliferation of these businesses and high penetration in the major global economies of
the U.S., UK, China, India, Russia, and Canada, among many others is in turn projected to fuel
the global refrigerated road transport market growth.