Table of Content


"1    INTRODUCTION    53
1.1    OBJECTIVES OF THE STUDY    53
1.2    MARKET DEFINITION    54
1.3    STUDY SCOPE    54
FIGURE 1    MARKET SEGMENTATION    54
1.4    REGIONS COVERED    55
1.4.1    INCLUSIONS AND EXCLUSIONS    55
1.5    PERIODIZATION CONSIDERED    55
1.6    CURRENCY CONSIDERED    56
1.7    VOLUME UNIT CONSIDERED    56
TABLE 1    USD EXCHANGE RATES CONSIDERED, 2019–2021    57
1.8    STAKEHOLDERS    57
2    RESEARCH METHODOLOGY    59
2.1    RESEARCH DATA    59
FIGURE 2    REFRIGERATED TRANSPORT MARKET: RESEARCH DESIGN    59
2.1.1    SECONDARY DATA    60
2.1.1.1    Key data from secondary sources    60
2.1.2    PRIMARY DATA    60
2.1.2.1    Key data from primary sources    61
2.1.2.2    Breakdown of primaries    61
2.1.2.3    Key primary insights    62
2.2    MARKET SIZE ESTIMATION    63
2.2.1    APPROACH ONE – BOTTOM-UP (BASED ON REFRIGERATED TRANSPORT MARKET, BY REGION)    63
2.2.2    APPROACH TWO – TOP DOWN (BASED ON THE GLOBAL MARKET)    64
2.3    DATA TRIANGULATION    65
FIGURE 3    DATA TRIANGULATION METHODOLOGY    65
2.4    ASSUMPTIONS FOR THE STUDY    66
2.5    LIMITATIONS AND RISK ASSESSMENT OF THE STUDY    67
2.6    MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19    67
2.6.1    OPTIMISTIC SCENARIO    67
2.6.2    REALISTIC & PESSIMISTIC SCENARIO    67
2.6.3    SCENARIO-BASED MODELLING    68
2.7    INTRODUCTION TO COVID–19    68
2.8    COVID–19 HEALTH ASSESSMENT    68
FIGURE 4    COVID–19: GLOBAL PROPAGATION    69
FIGURE 5    COVID–19 PROPAGATION: SELECT COUNTRIES    69

2.9    COVID–19 ECONOMIC ASSESSMENT    70
FIGURE 6    REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020    70
2.9.1    COVID–19 ECONOMIC IMPACT—SCENARIO ASSESSMENT    71
FIGURE 7    CRITERIA IMPACTING THE GLOBAL ECONOMY    71
FIGURE 8    SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY    72
3    EXECUTIVE SUMMARY    74
TABLE 2    GLOBAL: REFRIGERATED TRANSPORT MARKET SNAPSHOT, 2022 VS. 2027    75
FIGURE 9    REFRIGERATED TRANSPORT MARKET SIZE FOR CHILLED FOOD PRODUCTS,  BY PRODUCT TYPE, 2022 VS 2027 (KILO TON)    75
FIGURE 10    REFRIGERATED TRANSPORT MARKET SIZE, BY VEHICLE TYPE,  
2022 VS. 2027 (USD MILLION)    76
FIGURE 11    REFRIGERATED TRANSPORT MARKET SIZE, BY TEMPERATURE,  
2022 VS. 2027 (UNIT)    76
FIGURE 12    REFRIGERATED TRANSPORT MARKET SIZE, BY TECHNOLOGY,  
2022 VS. 2027 (UNIT)    77
FIGURE 13    REFRIGERATED TRANSPORT MARKET, BY REGION, 2021    77
4    PREMIUM INSIGHTS    79
4.1    ATTRACTIVE OPPORTUNITIES IN THE REFRIGERATED TRANSPORT MARKET    79
FIGURE 14    GROWING DEMAND FOR CHILLED & FROZEN FOOD PRODUCTS TO DRIVE THE REFRIGERATED TRANSPORT MARKET    79
4.2    ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET,  BY APPLICATION AND COUNTRY    80
FIGURE 15    CHINA TO ACCOUNT FOR THE LARGEST SHARE IN THE FROZEN PRODUCTS SEGMENT IN THE ASIA PACIFIC MARKET IN 2022    80
4.3    REFRIGERATED TRANSPORT MARKET, BY VEHICLE TYPE    80
FIGURE 16    LCV SEGMENT ESTIMATED TO HOLD THE LARGEST SHARE OF THE REFRIGERATED TRANSPORT MARKET IN 2022    80
4.4    REFRIGERATED TRANSPORT MARKET, BY TEMPERATURE    81
FIGURE 17    MULTI-TEMPERATURE SEGMENT IS ESTIMATED TO DOMINATE THE REFRIGERATED TRANSPORT MARKET IN 2022    81
4.5    REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,    81
FIGURE 18    AIR-BLOWN EVAPORATORS TECHNOLOGY ESTIMATED TO HOLD A LARGER SHARE OF THE REFRIGERATED TRANSPORT MARKET IN 2022    81
4.6    REFRIGERATED TRANSPORT MARKET, BY APPLICATION AND REGION    82
FIGURE 19    ASIA PACIFIC TO DOMINATE THE MARKET DURING THE FORECAST PERIOD    82
FIGURE 20    COVID-19 IMPACT ON THE REFRIGERATED TRANSPORT MARKET: COMPARISON OF PRE-AND POST-COVID-19 SCENARIOS    83
5    MARKET OVERVIEW    84
5.1    INTRODUCTION    84
5.2    MARKET DYNAMICS    85
FIGURE 21    REFRIGERATED TRANSPORT MARKET DYNAMICS    85
5.2.1    DRIVERS    85
5.2.1.1    Increasing need for temperature control to prevent food loss and potential health hazards    85
FIGURE 22    INDIA: ANNUAL FOOD WASTAGE AS PERCENTAGE OF PRODUCTION, 2020    86
5.2.1.2    Increasing international trade of perishable commodities    86
5.2.1.3    Technological innovations in refrigerated systems and equipment    87
5.2.1.4    Increased demand for frozen perishable commodities    88
FIGURE 23    CHINA: BEEF & VEAL PRODUCTION AND CONSUMPTION,  
2016–2021 (THOUSAND METRIC TON)    88
5.2.1.5    Growing demand for fresh fruits and vegetables in Europe    89
FIGURE 24    SHARE OF FRESH FRUIT AND VEGETABLES IMPORT VALUE IN 2020    89
5.2.2    RESTRAINTS    89
5.2.2.1    High energy costs and the requirement for significant capital investments    89
5.2.2.2    Climate change affecting transportation infrastructure    90
5.2.2.3    Environmental concerns regarding greenhouse gas emissions    90
FIGURE 25    ENVIRONMENTAL IMPACT OF THE FOOD SUPPLY CHAIN    91
5.2.3    OPPORTUNITIES    91
5.2.3.1    Intermodal transport to save fuel costs    91
5.2.3.2    Integration of multi-temperature systems in trucks and trailers    92
5.2.3.3    Increasing foreign direct investments in emerging markets    92
5.2.4    CHALLENGES    92
5.2.4.1    Lack of transport infrastructure support in emerging markets and skilled resources in developed markets    92
5.2.4.2    Maintaining product integrity during the transportation of perishable commodities    93
5.2.4.3    Rising fuel costs and high capital investment requirement    93
6    MARKET DISRUPTIONS    94
6.1    BREXIT    94
6.1.1    IMPACT OF BREXIT ON GLOBAL TRADE    94
6.1.1.1    Free internal market    94
6.1.1.2    Most impacted countries include Belgium, the Netherlands, and Germany    94
TABLE 3    ESTIMATED MOST FAVOURED NATION (MFN) TARIFF LEVELS, BY KEY SECTOR, 2016    95
FIGURE 26    TOP FIVE COMMODITIES EXPORTED BY THE UK TO THE UN,
“NOVEMBER” 2021    95
FIGURE 27    TOP 5 COMMODITIES IMPORTED BY THE UK FROM THE EU,
“NOVEMBER” 2021    96
6.1.2    IMPLICATIONS OF BREXIT ON ROAD TRANSPORT OPERATORS    96
6.1.2.1    Professional competence in road transport    96
6.1.2.2    Permits for road transport    96
6.1.3    APPROVALS FOR VEHICLES    96
6.1.4    INSPECTION AND CUSTOMS CHECKS    97
6.1.5    THE CUMULATIVE EFFECT OF BORDER CONTROL ON JOURNEY TIMES    97
6.2    SILK ROAD    97
6.2.1    THREE MAIN ROUTES    98
6.2.1.1    The Eurasian Land-Bridge with new opportunities    99
6.2.1.2    Volumes are still low, but trade value is higher    99
6.2.1.3    Chinese and European hinterlands more accessible    99
6.3    U.S.- UK TRADE AND INVESTMENT TIES    99
FIGURE 28    SHARE OF U.S. AND UK TOTAL TRADE (TOTAL 2020 GOODS AND SERVICES TRADE (EXPORTS AND IMPORTS) WITH SELECTED TRADING PARTNERS)    99
6.4    MACROECONOMIC INDICATORS    100
6.4.1    GROWTH OF THE ORGANIZED RETAIL INDUSTRY    100
FIGURE 29    GROWING ORGANIZED RETAIL INDUSTRY IS FUELING THE DEMAND FOR REFRIGERATED TRANSPORT    100
6.4.2    INCREASING NEED FOR REFRIGERATED TRANSPORT    100
7    INDUSTRY TRENDS    102
7.1    INTRODUCTION    102
7.2    VALUE CHAIN    102
7.2.1    SUPPLY PROCUREMENT    102
7.2.2    TRANSPORT    102
7.2.3    STORAGE & DISTRIBUTION    102
7.2.4    END-PRODUCT MANUFACTURERS    103
FIGURE 30    VALUE CHAIN ANALYSIS OF THE REFRIGERATED TRANSPORT MARKET    103
7.3    TECHNOLOGY ANALYSIS    103
7.4    PRICING ANALYSIS: REFRIGERATED TRANSPORT MARKET    104
TABLE 4    GLOBAL REFRIGERATED TRANSPORT AVERAGE SELLING PRICE (ASP),
BY TECHNOLOGY, 2019-2021 (USD/UNITS)    104
TABLE 5    GLOBAL REFRIGERATED TRANSPORT AVERAGE SELLING PRICE (ASP),
BY REGION,  2019-2021 (USD/UNITS)    104
7.5    MARKET MAP AND ECOSYSTEM REFRIGERATED TRANSPORT MARKET    105
7.5.1    DEMAND-SIDE    105
7.5.2    SUPPLY-SIDE    105
FIGURE 31    REFRIGERATED TRANSPORT MARKET: MARKET MAP    105
TABLE 6    REFRIGERATED TRANSPORT MARKET: SUPPLY CHAIN (ECOSYSTEM)    106
7.6    TRENDS IMPACTING BUYERS    107
FIGURE 32    REFRIGERATED TRANSPORT MARKET: TRENDS IMPACTING BUYERS    107
7.7    PATENT ANALYSIS    107
FIGURE 33    NUMBER OF PATENTS GRANTED BETWEEN 2012 AND 2021    107
FIGURE 34    TOP 10 INVESTORS WITH THE HIGHEST NUMBER OF PATENT DOCUMENTS    108
FIGURE 35    TOP 10 APPLICANTS WITH THE HIGHEST NO. OF PATENT DOCUMENTS    108
TABLE 7    SOME OF THE PATENTS PERTAINING TO REFRIGERATION TRANSPORT,
2019–2021    108

7.8    TRADE DATA: REFRIGERATED TRANSPORT MARKET    109
7.8.1    TROPICAL FRUITS (AVOCADO, PINEAPPLE, GUAVA, MANGOES,  AND FIGS)    109
TABLE 8    TOP 10 IMPORTERS AND EXPORTERS OF TROPICAL FRUITS (AVOCADOS, PINEAPPLES, GUAVA, MANGOES, FIGS) (USD MN)    109
7.8.2    POULTRY    110
TABLE 9    TOP 10 IMPORTERS AND EXPORTERS OF POULTRY, (USD MN)    110
7.9    KEY CONFERENCES & EVENTS IN 2022-2023    111
7.10    PORTER’S FIVE FORCES ANALYSIS    112
TABLE 10    REFRIGERATED TRANSPORT MARKET: PORTER’S FIVE FORCES ANALYSIS    113
7.10.1    DEGREE OF COMPETITION    113
7.10.2    BARGAINING POWER OF SUPPLIERS    113
7.10.3    BARGAINING POWER OF BUYERS    113
7.10.4    THREAT OF SUBSTITUTES    113
7.10.5    THREAT OF NEW ENTRANTS    114
7.11    CASE STUDIES    114
7.11.1    RISING COLD CHAIN LOGISTICS DEMAND FOR TRANSPORT OF PERISHABLE PRODUCTS    114
7.11.2    EURO FOOD GROUP SIGNED AN AGREEMENT WITH CARRIER CORPORATION FOR REFRIGERATED EQUIPMENT SUPPLY    114
8    REGULATIONS FOR THE REFRIGERATED TRANSPORT MARKET    115
8.1    INTRODUCTION    115
8.2    FDA FOOD SAFETY MODERNIZATION ACT (FSMA)    115
8.3    AGREEMENT ON THE INTERNATIONAL CARRIAGE OF PERISHABLE FOODSTUFFS AND THE SPECIAL EQUIPMENT TO BE USED FOR SUCH CARRIAGE (ATP)    116
8.3.1    SELECTION OF EQUIPMENT AND TEMPERATURE CONDITIONS TO BE OBSERVED FOR THE CARRIAGE OF QUICK (DEEP)-FROZEN AND FROZEN FOODSTUFFS    116
TABLE 11    TEMPERATURE CONDITIONS FOR FROZEN FOODS    116
8.3.2    MONITORING THE AIR TEMPERATURE FOR TRANSPORT OF QUICK-FROZEN PERISHABLE FOODSTUFFS    117
TABLE 12    TEMPERATURE CONDITIONS FOR CHILLED FOODS    117
8.4    EUROPE    118
8.4.1    TEMPERATURE CONTROL AND LEGISLATION REQUIREMENTS FOR REFRIGERATED TRANSPORT    118
8.5    INDIA    118
8.5.1    COP APPROVAL REQUIREMENTS FOR REFRIGERATED TRANSPORT    118
8.6    US    118
8.6.1    ELECTROLYTE SPILLAGE AND ELECTRICAL SHOCK PROTECTION FOR REFRIGERATED TRANSPORT    118
8.7    AUSTRALIA & NEW ZEALAND    118
8.7.1    FOOD STANDARDS AUSTRALIA NEW ZEALAND (FSANZ)    118
8.8    LEGISLATIONS FOR THE USE OF REFRIGERANTS IN COLD CHAIN LOGISTICS    119

8.9    ASIA PACIFIC    120
8.9.1    EURO-ASIAN TRANSPORT LINKS (EATL)    120
8.9.2    SILK ROAD    120
9    REFRIGERATED TRANSPORT MARKET, BY APPLICATION    121
9.1    INTRODUCTION    122
FIGURE 36    CHILLED FOOD PRODUCTS TO DOMINATE THE REFRIGERATED TRANSPORT MARKET FROM 2022 TO 2027 (KT)    122
TABLE 13    REFRIGERATED TRANSPORT MARKET SIZE, BY APPLICATION,
2019–2022 (KT)    122
TABLE 14    REFRIGERATED TRANSPORT MARKET, BY APPLICATION, 2023–2027 (KT)    123
9.2    CHILLED FOOD PRODUCTS    123
TABLE 15    REFRIGERATED TRANSPORT MARKET SIZE FOR CHILLED FOOD PRODUCTS, BY REGION, 2019–2022 (KT)    123
TABLE 16    REFRIGERATED TRANSPORT MARKET SIZE FOR CHILLED FOOD PRODUCTS,  BY REGION, 2023–2027 (KT)    124
FIGURE 37    REFRIGERATED TRANSPORT MARKET SIZE FOR CHILLED FOOD PRODUCTS,  BY TYPE, 2022 VS. 2027 (KT)    124
9.2.1    MILK    124
TABLE 17    REFRIGERATED MILK MARKET SIZE, BY REGION, 2019–2022 (KT)    125
TABLE 18    REFRIGERATED MILK MARKET SIZE, BY REGION, 2023–2027 (KT)    125
9.2.2    BAKERY & CONFECTIONERY PRODUCTS    125
TABLE 19    REFRIGERATED BAKERY & CONFECTIONERY PRODUCTS MARKET SIZE,
BY REGION,  2019–2022 (KT)    126
TABLE 20    REFRIGERATED BAKERY & CONFECTIONERY PRODUCTS MARKET SIZE,
BY REGION,  2023–2027 (KT)    126
9.2.3    DAIRY PRODUCTS    126
TABLE 21    REFRIGERATED DAIRY PRODUCTS MARKET SIZE, BY REGION,
2019–2022 (KT)    127
TABLE 22    REFRIGERATED DAIRY PRODUCTS MARKET SIZE, BY REGION,
2023–2027 (KT)    127
9.2.4    BEVERAGES    127
TABLE 23    REFRIGERATED BEVERAGES MARKET SIZE, BY REGION, 2019–2022 (KT)    128
TABLE 24    REFRIGERATED BEVERAGES MARKET SIZE, BY REGION, 2023–2027 (KT)    128
9.2.5    FRESH FRUITS & VEGETABLES    128
TABLE 25    REFRIGERATED FRESH FRUITS & VEGETABLE MARKET SIZE, BY REGION, 2019–2022 (KT)    128
TABLE 26    REFRIGERATED FRESH FRUITS & VEGETABLE MARKET SIZE, BY REGION, 2023–2027 (KT)    129
9.3    FROZEN FOOD PRODUCTS    129
TABLE 27    REFRIGERATED TRANSPORT MARKET SIZE FOR FROZEN FOOD PRODUCTS,
BY REGION, 2019–2022 (KT)    129
TABLE 28    REFRIGERATED TRANSPORT MARKET SIZE FOR FROZEN FOOD PRODUCTS,
BY REGION, 2023–2027 (KT)    130
FIGURE 38    REFRIGERATED TRANSPORT MARKET SIZE FOR FROZEN FOOD PRODUCTS,  BY TYPE, 2022 VS. 2027 (KT)    130
9.3.1    ICE CREAM    130
TABLE 29    REFRIGERATED ICECREAM MARKET SIZE, BY REGION, 2019–2022 (KT)    131
TABLE 30    REFRIGERATED ICECREAM MARKET SIZE, BY REGION, 2023–2027 (KT)    131
9.3.2    FROZEN DAIRY PRODUCTS    131
TABLE 31    REFRIGERATED FROZEN DAIRY PRODUCTS MARKET SIZE, BY REGION,
2019–2022 (KT)    131
TABLE 32    REFRIGERATED FROZEN DAIRY PRODUCTS MARKET SIZE, BY REGION,
2023–2027 (KT)    132
9.3.3    PROCESSED MEAT    132
FIGURE 39    CATEGORIES OF PROCESSED MEAT PRODUCTS AND TYPICAL EXAMPLES    132
TABLE 33    REFRIGERATED PROCESSED MEAT MARKET SIZE, BY REGION,
2019–2022 (KT)    133
TABLE 34    REFRIGERATED PROCESSED MEAT MARKET SIZE, BY REGION,
2023–2027 (KT)    133
9.3.4    FISH & SEAFOOD    133
TABLE 35    REFRIGERATED FISH & SEAFOOD MARKET SIZE, BY REGION,
2019–2022 (KT)    134
TABLE 36    REFRIGERATED FISH & SEAFOOD MARKET SIZE, BY REGION,
2023–2027 (KT)    134
9.3.5    BAKERY PRODUCTS    134
TABLE 37    REFRIGERATED BAKERY PRODUCTS MARKET SIZE, BY REGION,
2019–2022 (KT)    135
TABLE 38    REFRIGERATED BAKERY PRODUCTS MARKET SIZE, BY REGION,
2023–2027 (KT)    135
10    REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT    136
10.1    INTRODUCTION    137
FIGURE 40    REFRIGERATED ROAD TRANSPORT MARKET SIZE, BY MODE OF TRANSPORT, 2022 VS. 2027 (UNITS)    138
10.2    REFRIGERATED ROAD TRANSPORT    138
TABLE 39    REFRIGERATED ROAD TRANSPORT MARKET SIZE, BY VEHICLE TYPE,  
2019–2022 (USD MILLION)    139
TABLE 40    REFRIGERATED ROAD TRANSPORT MARKET SIZE, BY VEHICLE TYPE,  
2023–2027 (USD MILLION)    139
TABLE 41    REFRIGERATED ROAD TRANSPORT MARKET SIZE, BY VEHICLE TYPE,  
2019–2022 (UNITS)    139
TABLE 42    REFRIGERATED ROAD TRANSPORT MARKET SIZE, BY VEHICLE TYPE,  
2023–2027 (UNITS)    140
10.3    COVID-19 IMPACT ON THE REFRIGERATED TRANSPORT MARKET BY VEHICLE TYPE    140
10.3.1    OPTIMISTIC SCENARIO    140
TABLE 43    OPTIMISTIC SCENARIO: IMPACT OF COVID–19 ON THE REFRIGERATED TRANSPORT MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)    140
10.3.2    REALISTIC SCENARIO    140
TABLE 44    REALISTIC SCENARIO: IMPACT OF COVID–19 ON THE REFRIGERATED TRANSPORT MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)    140
10.3.3    PESSIMISTIC SCENARIO    141
TABLE 45    PESSIMISTIC SCENARIO: IMPACT OF COVID–19 ON THE REFRIGERATED TRANSPORT MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)    141
10.3.4    REFRIGERATED LCV (VAN)    141
TABLE 46    REFRIGERATED LCV MARKET SIZE, BY REGION, 2019–2022 (USD MILLION)    141
TABLE 47    REFRIGERATED LCV MARKET SIZE, BY REGION, 2023–2027 (USD MILLION)    142
TABLE 48    REFRIGERATED LCV MARKET SIZE, BY REGION, 2019–2022 (UNITS)    142
TABLE 49    REFRIGERATED LCV MARKET SIZE, BY REGION, 2023–2027 (UNITS)    142
10.3.5    REFRIGERATED MHCV (TRUCK)    143
TABLE 50    REFRIGERATED MHCV MARKET SIZE, BY REGION,
2019–2022 (USD MILLION)    143
TABLE 51    REFRIGERATED MHCV MARKET SIZE, BY REGION,
2023–2027 (USD MILLION)    143
TABLE 52    REFRIGERATED MHCV MARKET SIZE, BY REGION, 2019–2022 (UNITS)    144
TABLE 53    REFRIGERATED MHCV MARKET SIZE, BY REGION, 2023–2027 (UNITS)    144
10.3.6    REFRIGERATED HCV (TRAILERS & SEMI-TRAILERS)    144
TABLE 54    REFRIGERATED HCV MARKET SIZE, BY REGION, 2019–2022 (USD MILLION)    145
TABLE 55    REFRIGERATED HCV MARKET SIZE, BY REGION, 2023–2027 (USD MILLION)    145
TABLE 56    REFRIGERATED HCV MARKET SIZE, BY REGION, 2019–2022 (UNITS)    146
TABLE 57    REFRIGERATED HCV MARKET SIZE, BY REGION, 2023–2027 (UNITS)    146
10.4    REFRIGERATED SEA TRANSPORT    146
10.5    REFRIGERATED RAIL TRANSPORT    147
10.6    REFRIGERATED AIR TRANSPORT    148
11    REFRIGERATED TRANSPORT MARKET, BY TEMPERATURE    149
11.1    INTRODUCTION    150
FIGURE 41    REFRIGERATED ROAD TRANSPORT MARKET SIZE, BY TEMPERATURE,  
2022 VS. 2027 (UNITS)    150
TABLE 58    REFRIGERATED ROAD TRANSPORT MARKET SIZE, BY TEMPERATURE,  
2019–2022 (UNITS)    151
TABLE 59    REFRIGERATED ROAD TRANSPORT MARKET SIZE, BY TEMPERATURE,  
2023–2027 (UNITS)    151
11.2    SINGLE-TEMPERATURE    151
TABLE 60    SINGLE-TEMPERATURE REFRIGERATED ROAD TRANSPORT MARKET SIZE,
BY REGION, 2019–2022 (UNITS)    152
TABLE 61    SINGLE-TEMPERATURE REFRIGERATED ROAD TRANSPORT MARKET SIZE,
BY REGION, 2023–2027 (UNIT)    152
11.3    MULTI-TEMPERATURE    152
TABLE 62    MULTI-TEMPERATURE REFRIGERATED ROAD TRANSPORT MARKET SIZE,
BY REGION, 2019–2022 (UNITS)    153
TABLE 63    MULTI-TEMPERATURE REFRIGERATED ROAD TRANSPORT MARKET SIZE,
BY REGION, 2023–2027 (UNITS)    153

12    REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY    154
12.1    INTRODUCTION    155
FIGURE 42    REFRIGERATED ROAD TRANSPORT MARKET SIZE, BY TECHNOLOGY,  
2022 VS. 2027 (USD MILLION)    155
TABLE 64    REFRIGERATED TRANSPORT MARKET SIZE, BY TECHNOLOGY,
2019–2022 (USD MILLION)    156
TABLE 65    REFRIGERATED TRANSPORT MARKET SIZE, BY TECHNOLOGY,
2023–2027 (USD MILLION)    156
TABLE 66    REFRIGERATED TRANSPORT MARKET SIZE, BY TECHNOLOGY,
2019–2022 (UNITS)    156
TABLE 67    REFRIGERATED TRANSPORT MARKET SIZE, BY TECHNOLOGY,
2023–2027 (UNITS)    157
12.2    COVID-19 IMPACT ON THE REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY    157
12.2.1    OPTIMISTIC SCENARIO    157
TABLE 68    OPTIMISTIC SCENARIO: IMPACT OF COVID–19 ON THE REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)    157
12.2.2    REALISTIC SCENARIO    157
TABLE 69    REALISTIC SCENARIO: IMPACT OF COVID–19 ON THE REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)    157
12.2.3    PESSIMISTIC SCENARIO    158
TABLE 70    PESSIMISTIC SCENARIO: IMPACT OF COVID–19 ON THE REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)    158
12.3    VAPOR COMPRESSION SYSTEMS    158
12.3.1    AIR-BLOWN EVAPORATORS    158
TABLE 71    AIR-BLOWN EVAPORATORS: REFRIGERATED TRANSPORT MARKET SIZE,
BY REGION, 2019–2022 (USD MILLION)    159
TABLE 72    AIR-BLOWN EVAPOARTORS: REFRIGERATED TRANSPORT MARKET SIZE,
BY REGION, 2023–2027 (USD MILLION)    159
TABLE 73    AIR-BLOWN EVAPORATORS: REFRIGERATED TRANSPORT MARKET SIZE,
BY REGION, 2019–2022 (UNITS)    159
TABLE 74    AIR-BLOWN EVAPOARTORS: REFRIGERATED TRANSPORT MARKET SIZE,
BY REGION, 2023–2027 (UNITS)    160
12.3.2    EUTECTIC DEVICES    160
TABLE 75    EUTECTIC DEVICES: REFRIGERATED TRANSPORT MARKET SIZE, BY REGION,  2019–2022 (USD MILLION)    160
TABLE 76    EUTECTIC DEVICES: REFRIGERATED TRANSPORT MARKET SIZE, BY REGION,  2023–2027 (USD MILLION)    161
TABLE 77    EUTECTIC DEVICES: REFRIGERATED TRANSPORT MARKET SIZE, BY REGION,  2019–2022 (UNITS)    161
TABLE 78    EUTECTIC DEVICES: REFRIGERATED TRANSPORT MARKET SIZE, BY REGION,  2023–2027 (UNITS)    161
12.3.3    HYBRID    162
TABLE 79    HYBRID: REFRIGERATED TRANSPORT MARKET SIZE, BY REGION,  
2019–2022 (USD MILLION)    162
TABLE 80    HYBRID: REFRIGERATED TRANSPORT MARKET SIZE, BY REGION,  
2023–2027 (USD MILLION)    162
TABLE 81    HYBRID: REFRIGERATED TRANSPORT MARKET SIZE, BY REGION,  
2019–2022 (UNITS)    163
TABLE 82    HYBRID: REFRIGERATED TRANSPORT MARKET SIZE, BY REGION,  
2023–2027 (UNITS)    163
12.3.4    FULLY ELECTRIC    163
TABLE 83    FULLY ELECTRIC: REFRIGERATED TRANSPORT MARKET SIZE, BY REGION,  2019–2022 (USD MILLION)    164
TABLE 84    FULLY ELECTRIC: REFRIGERATED TRANSPORT MARKET SIZE, BY REGION,  2023–2027 (USD MILLION)    164
TABLE 85    FULLY ELECTRIC: REFRIGERATED TRANSPORT MARKET SIZE, BY REGION,  2019–2022 (UNITS)    164
TABLE 86    FULLY ELECTRIC: REFRIGERATED TRANSPORT MARKET SIZE, BY REGION,  2023–2027 (UNITS)    165
12.4    COMPRESSOR TECHNOLOGY    165
12.4.1    SCROLL    165
12.4.2    OPEN-RECIP    166
12.4.3    OTHERS    166
13    REFRIGERATED TRANSPORT MARKET, BY REGION    167
13.1    INTRODUCTION    168
FIGURE 43    INDIA TO RECORD THE FASTEST GROWTH RATE DURING THE FORECAST PERIOD    168
TABLE 87    REFRIGERATED TRANSPORT MARKET, BY REGION,
2019–2022 (USD MILLION)    169
TABLE 88    REFRIGERATED TRANSPORT MARKET, BY REGION,
2023–2027 (USD MILLION)    169
TABLE 89    REFRIGERATED TRANSPORT MARKET, BY REGION, 2019–2022 (UNITS)    169
TABLE 90    REFRIGERATED TRANSPORT MARKET, BY REGION, 2023–2027 (UNITS)    170
13.2    COVID-19 IMPACT ON THE REFRIGERATED TRANSPORT MARKET BY REGION    170
13.2.1    OPTIMISTIC SCENARIO    170
TABLE 91    OPTIMISTIC SCENARIO: REFRIGERATED TRANSPORT MARKET, BY REGION,  2020–2023 (USD MILLION)    170
13.2.2    REALISTIC SCENARIO    171
TABLE 92    REALISTIC SCENARIO: REFRIGERATED TRANSPORT MARKET, BY REGION, 2020–2023 (USD MILLION)    171
13.2.3    PESSIMISTIC SCENARIO    171
TABLE 93    PESSIMISTIC SCENARIO: REFRIGERATED TRANSPORT MARKET, BY REGION,  2020–2023 (USD MILLION)    171
13.3    NORTH AMERICA    171
TABLE 94    NORTH AMERICA VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY, 2019–2022 (USD MILLION)    172
TABLE 95    NORTH AMERICA VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY, 2023–2027 (USD MILLION)    172
TABLE 96    NORTH AMERICA VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY, 2019–2022 (UNITS)    172
TABLE 97    NORTH AMERICA VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY, 2023–2027 (UNITS)    173
TABLE 98    NORTH AMERICA CHILLED PRODUCTS: REFRIGERATED TRANSPORT MARKET,  BY COUNTRY, 2019–2022 (KT)    173
TABLE 99    NORTH AMERICA CHILLED PRODUCTS: REFRIGERATED TRANSPORT MARKET,  BY COUNTRY, 2023–2027 (KT)    173
TABLE 100    NORTH AMERICA FROZEN PRODUCTS: REFRIGERATED TRANSPORT MARKET,  BY COUNTRY, 2019–2022 (KT)    174
TABLE 101    NORTH AMERICA FROZEN PRODUCTS: REFRIGERATED TRANSPORT MARKET,  BY COUNTRY, 2023–2027 (KT)    174
TABLE 102    NORTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    174
TABLE 103    NORTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    175
TABLE 104    NORTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    175
TABLE 105    NORTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    175
TABLE 106    NORTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY TEMPERATURE,  2019–2022 (UNITS)    175
TABLE 107    NORTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY TEMPERATURE,  2023–2027 (UNITS)    176
TABLE 108    NORTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,  2019–2022 (USD MILLION)    176
TABLE 109    NORTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,  2023–2027 (USD MILLION)    176
TABLE 110    NORTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,  2019–2022 (UNITS)    177
TABLE 111    NORTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,  2023–2027 (UNITS)    177
TABLE 112    NORTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,  2019–2022 (KT)    177
TABLE 113    NORTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,  2023–2027 (KT)    178
TABLE 114    NORTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,  2019–2022 (KT)    178
TABLE 115    NORTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,  2023–2027 (KT)    178
13.3.1    US    179
13.3.1.1    Temperature-sensitive dairy, beverages, and meat products make up a significant market for the industry    179
TABLE 116    US: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  
2019–2022 (USD MILLION)    179
TABLE 117    US: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  
2023–2027 (USD MILLION)    179
TABLE 118    US: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,
2019–2022 (UNITS)    180
TABLE 119    US: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,
2023–2027 (UNITS)    180
TABLE 120    US: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,
2019–2022 (KT)    180
TABLE 121    US: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,
2023–2027 (KT)    181
TABLE 122    US: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,
2019–2022 (KT)    181
TABLE 123    US: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,
2023–2027 (KT)    181
13.3.2    CANADA    182
13.3.2.1    The country is a major importer and exporter of agricultural products    182
TABLE 124    CANADA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    182
TABLE 125    CANADA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    182
TABLE 126    CANADA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    183
TABLE 127    CANADA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    183
TABLE 128    CANADA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2019–2022 (KT)    183
TABLE 129    CANADA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2023–2027 (KT)    184
TABLE 130    CANADA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2019–2022 (KT)    184
TABLE 131    CANADA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2023–2027 (KT)    184
13.3.3    MEXICO    185
13.3.3.1    Increasing consumption of packaged food products has led to the increased demand for retail distribution    185
TABLE 132    MEXICO: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    185
TABLE 133    MEXICO: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    185
TABLE 134    MEXICO: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    186
TABLE 135    MEXICO: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    186
TABLE 136    MEXICO: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2019–2022 (KT)    186
TABLE 137    MEXICO: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2023–2027 (KT)    187
TABLE 138    MEXICO: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2019–2022 (KT)    187
TABLE 139    MEXICO: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2023–2027 (KT)    187
13.4    EUROPE    188
FIGURE 44    EUROPE: REFRIGERATED TRANSPORT MARKET SNAPSHOT    189
TABLE 140    EUROPE VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET, BY COUNTRY,  2019–2022 (USD MILLION)    190
TABLE 141    EUROPE VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET, BY COUNTRY,  2023–2027 (USD MILLION)    190
TABLE 142    EUROPE VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET, BY COUNTRY,  2019–2022 (UNITS)    190
TABLE 143    EUROPE VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET, BY COUNTRY,  2023–2027 (UNITS)    191
TABLE 144    EUROPE CHILLED PRODUCTS: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY,  2019–2022 (KT)    191
TABLE 145    EUROPE CHILLED PRODUCTS: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY,  2023–2027 (KT)    191
TABLE 146    EUROPE FROZEN PRODUCTS: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY,  2019–2022 (KT)    192
TABLE 147    EUROPE FROZEN PRODUCTS: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY,  2023–2027 (KT)    192
TABLE 148    EUROPE: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    192
TABLE 149    EUROPE: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    193
TABLE 150    EUROPE: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    193
TABLE 151    EUROPE: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    193
TABLE 152    EUROPE: REFRIGERATED TRANSPORT MARKET, BY TEMPERATURE,
2019–2022 (UNITS)    193
TABLE 153    EUROPE: REFRIGERATED TRANSPORT MARKET, BY TEMPERATURE,
2023–2027 (UNITS)    194
TABLE 154    EUROPE: REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,  
2019–2022 (USD MILLION)    194
TABLE 155    EUROPE: REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,  
2023–2027 (USD MILLION)    194
TABLE 156    EUROPE: REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,
2019–2022 (UNITS)    195
TABLE 157    EUROPE: REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,
2023–2027 (UNITS)    195
TABLE 158    EUROPE: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2019–2022 (KT)    195
TABLE 159    EUROPE: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2023–2027 (KT)    196
TABLE 160    EUROPE: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2019–2022 (KT)    196
TABLE 161    EUROPE: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2023–2027 (KT)    196
13.4.1    UK    197
13.4.1.1    The continuous increase in domestic consumption and higher standards of quality requirements of food products are aiding the growth of the market    197
TABLE 162    UK: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  
2019–2022 (USD MILLION)    197
TABLE 163    UK: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  
2023–2027 (USD MILLION)    197
TABLE 164    UK: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,
2019–2022 (UNITS)    198
TABLE 165    UK: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,
2023–2027 (UNITS)    198
TABLE 166    UK: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,
2019–2022 (KT)    198
TABLE 167    UK: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,
2023–2027 (KT)    199
TABLE 168    UK: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,
2019–2022 (KT)    199
TABLE 169    UK: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,
2023–2027 (KT)    199
13.4.2    GERMANY    200
13.4.2.1    The country is a major importer and exporter of agricultural products    200
TABLE 170    GERMANY: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    200
TABLE 171    GERMANY: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    200
TABLE 172    GERMANY: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    201
TABLE 173    GERMANY: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    201
TABLE 174    GERMANY: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,  2019–2022 (KT)    201
TABLE 175    GERMANY: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,  2023–2027 (KT)    202
TABLE 176    GERMANY: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,  2019–2022 (KT)    202
TABLE 177    GERMANY: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,  2023–2027 (KT)    202
13.4.3    FRANCE    203
13.4.3.1    Growing consumption of meat and meat products is expected to propel the refrigerated transport market    203
TABLE 178    FRANCE: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    203
TABLE 179    FRANCE: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    203
TABLE 180    FRANCE: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    204
TABLE 181    FRANCE: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    204
TABLE 182    FRANCE: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2019–2022 (KT)    204
TABLE 183    FRANCE: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2023–2027 (KT)    205
TABLE 184    FRANCE: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2019–2022 (KT)    205
TABLE 185    FRANCE: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2023–2027 (KT)    205

13.4.4    ITALY    206
13.4.4.1    Increasing consumer inclination towards healthy food products and ready-to-eat meals    206
TABLE 186    ITALY: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    206
TABLE 187    ITALY: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    206
TABLE 188    ITALY: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    207
TABLE 189    ITALY: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    207
TABLE 190    ITALY: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,
2019–2022 (KT)    207
TABLE 191    ITALY: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,
2023–2027 (KT)    208
TABLE 192    ITALY: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,
2019–2022 (KT)    208
TABLE 193    ITALY: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,
2023–2027 (KT)    208
13.4.5    SPAIN    209
13.4.5.1    Technological development has contributed to the refrigerated transport market in Spain    209
TABLE 194    SPAIN: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    209
TABLE 195    SPAIN: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    209
TABLE 196    SPAIN: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    209
TABLE 197    SPAIN: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    210
TABLE 198    SPAIN: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,
2019–2022 (KT)    210
TABLE 199    SPAIN: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,
2023–2027 (KT)    210
TABLE 200    SPAIN: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,
2019–2022 (KT)    211
TABLE 201    SPAIN: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,
2023–2027 (KT)    211
13.4.6    REST OF EUROPE    211
13.4.6.1    Development of the refrigerated transport market is dependent on the growing food & beverage industry    211
TABLE 202    REST OF EUROPE: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT, 2019–2022 (USD MILLION)    212
TABLE 203    REST OF EUROPE: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT, 2023–2027 (USD MILLION)    212
TABLE 204    REST OF EUROPE: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT, 2019–2022 (UNITS)    212
TABLE 205    REST OF EUROPE: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT, 2023–2027 (UNITS)    213
TABLE 206    REST OF EUROPE: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,  2019–2022 (KT)    213
TABLE 207    REST OF EUROPE: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,  2023–2027 (KT)    213
TABLE 208    REST OF EUROPE: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,  2019–2022 (KT)    214
TABLE 209    REST OF EUROPE: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,  2023–2027 (KT)    214"
"13.5    ASIA PACIFIC    214
FIGURE 45    ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET SNAPSHOT    215
TABLE 210    ASIA PACIFIC VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY,  2019–2022 (USD MILLION)    216
TABLE 211    ASIA PACIFIC VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY,  2023–2027 (USD MILLION)    216
TABLE 212    ASIA PACIFIC VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY,  2019–2022 (UNITS)    216
TABLE 213    ASIA PACIFIC VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY,  2023–2027 (UNITS)    217
TABLE 214    ASIA PACIFIC CHILLED PRODUCTS: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY, 2019–2022 (KT)    217
TABLE 215    ASIA PACIFIC CHILLED PRODUCTS: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY, 2023–2027 (KT)    217
TABLE 216    ASIA PACIFIC FROZEN PRODUCTS: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY, 2019–2022 (KT)    218
TABLE 217    ASIA PACIFIC FROZEN PRODUCTS: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY, 2023–2027 (KT)    218
TABLE 218    ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    218
TABLE 219    ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    219
TABLE 220    ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    219
TABLE 221    ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    219
TABLE 222    ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY TEMPERATURE,  2019–2022 (UNITS)    219
TABLE 223    ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY TEMPERATURE,  2023–2027 (UNITS)    220
TABLE 224    ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,  2019–2022 (USD MILLION)    220
TABLE 225    ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,  2023–2027 (USD MILLION)    220
TABLE 226    ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,  2019–2022 (UNITS)    221
TABLE 227    ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,  2023–2027 (UNITS)    221
TABLE 228    ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,  2019–2022 (KT)    221
TABLE 229    ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,  2023–2027 (KT)    222
TABLE 230    ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,  2019–2022 (KT)    222
TABLE 231    ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,  2023–2027 (KT)    222
13.5.1    CHINA    223
13.5.1.1    Rising demand for high-quality fresh food products    223
TABLE 232    CHINA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    223
TABLE 233    CHINA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    223
TABLE 234    CHINA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    224
TABLE 235    CHINA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    224
TABLE 236    CHINA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2019–2022 (KT)    224
TABLE 237    CHINA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2023–2027 (KT)    225
TABLE 238    CHINA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,
2019–2022 (KT)    225
TABLE 239    CHINA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,
2023–2027 (KT)    225
13.5.2    JAPAN    226
13.5.2.1    Growing consumer preference for processed food & beverage products    226
TABLE 240    JAPAN: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    226
TABLE 241    JAPAN: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    226
TABLE 242    JAPAN: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    227
TABLE 243    JAPAN: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    227
TABLE 244    JAPAN: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2019–2022 (KT)    227
TABLE 245    JAPAN: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2023–2027 (KT)    228
TABLE 246    JAPAN: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,
2019–2022 (KT)    228
TABLE 247    JAPAN: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,
2023–2027 (KT)    228
13.5.3    INDIA    229
13.5.3.1    Change in consumption patterns increase demand for packaged food products    229
TABLE 248    INDIA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    229
TABLE 249    INDIA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    229
TABLE 250    INDIA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    230
TABLE 251    INDIA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    230
TABLE 252    INDIA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,
2019–2022 (KT)    230
TABLE 253    INDIA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,
2023–2027 (KT)    231
TABLE 254    INDIA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,
2019–2022 (KT)    231
TABLE 255    INDIA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,
2023–2027 (KT)    231
13.5.4    SOUTH KOREA    232
13.5.4.1    Increasing trading of perishables attributed to the growth of the refrigerated transport market    232
TABLE 256    SOUTH KOREA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    232
TABLE 257    SOUTH KOREA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    232
TABLE 258    SOUTH KOREA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    233
TABLE 259    SOUTH KOREA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    233
TABLE 260    SOUTH KOREA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,  2019–2022 (KT)    233
TABLE 261    SOUTH KOREA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,  2023–2027 (KT)    234
TABLE 262    SOUTH KOREA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,  2019–2022 (KT)    234
TABLE 263    SOUTH KOREA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,  2023–2027 (KT)    234
13.5.5    REST OF ASIA PACIFIC    235
TABLE 264    REST OF ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT, 2019–2022 (USD MILLION)    235
TABLE 265    REST OF ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT, 2023–2027 (USD MILLION)    235
TABLE 266    REST OF ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT, 2019–2022 (UNITS)    236
TABLE 267    REST OF ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT, 2023–2027 (UNITS)    236
TABLE 268    REST OF ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2019–2022 (KT)    236
TABLE 269    REST OF ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2023–2027 (KT)    237
TABLE 270    REST OF ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2019–2022 (KT)    237
TABLE 271    REST OF ASIA PACIFIC: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2023–2027 (KT)    237
13.6    SOUTH AMERICA    238
TABLE 272    SOUTH AMERICA VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY, 2019–2022 (USD MILLION)    238
TABLE 273    SOUTH AMERICA VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY, 2023–2027 (USD MILLION)    238
TABLE 274    SOUTH AMERICA VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY, 2019–2022 (UNITS)    239
TABLE 275    SOUTH AMERICA VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY, 2023–2027 (UNITS)    239
TABLE 276    SOUTH AMERICA CHILLED PRODUCTS: REFRIGERATED TRANSPORT MARKET,  BY COUNTRY, 2019–2022 (KT)    239
TABLE 277    SOUTH AMERICA CHILLED PRODUCTS: REFRIGERATED TRANSPORT MARKET,  BY COUNTRY, 2023–2027 (KT)    240
TABLE 278    SOUTH AMERICA FROZEN PRODUCTS: REFRIGERATED TRANSPORT MARKET,  BY COUNTRY, 2019–2022 (KT)    240
TABLE 279    SOUTH AMERICA FROZEN PRODUCTS: REFRIGERATED TRANSPORT MARKET,  BY COUNTRY, 2023–2027 (KT)    240
TABLE 280    SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    241
TABLE 281    SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    241
TABLE 282    SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT, 2019–2022 (UNITS)    241
TABLE 283    SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    242
TABLE 284    SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY TEMPERATURE,  2019–2022 (UNITS)    242
TABLE 285    SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY TEMPERATURE,  2023–2027 (UNITS)    242
TABLE 286    SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,  2019–2022 (USD MILLION)    242
TABLE 287    SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,  2023–2027 (USD MILLION)    243
TABLE 288    SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,  2019–2022 (UNITS)    243
TABLE 289    SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY TECHNOLOGY,  2023–2027 (UNITS)    243
TABLE 290    SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,  2019–2022 (KT)    244
TABLE 291    SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,  2023–2027 (KT)    244
TABLE 292    SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,  2019–2022 (KT)    244
TABLE 293    SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,  2023–2027 (KT)    245

13.6.1    BRAZIL    245
13.6.1.1    Growing organized retail sector enhances the refrigerated transport market growth    245
TABLE 294    BRAZIL: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    245
TABLE 295    BRAZIL: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    246
TABLE 296    BRAZIL: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    246
TABLE 297    BRAZIL: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    246
TABLE 298    BRAZIL: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2019–2022 (KT)    247
TABLE 299    BRAZIL: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2023–2027 (KT)    247
TABLE 300    BRAZIL: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2019–2022 (KT)    247
TABLE 301    BRAZIL: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2023–2027 (KT)    248
13.6.2    ARGENTINA    248
13.6.2.1    Increasing consumption of convenience food products resulted in the rise in demand for refrigerated transport    248
TABLE 302    ARGENTINA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    248
TABLE 303    ARGENTINA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    248
TABLE 304    ARGENTINA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    249
TABLE 305    ARGENTINA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    249
TABLE 306    ARGENTINA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,  2019–2022 (KT)    249
TABLE 307    ARGENTINA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,  2023–2027 (KT)    250
TABLE 308    ARGENTINA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,  2019–2022 (KT)    250
TABLE 309    ARGENTINA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,  2023–2027 (KT)    250
13.6.3    REST OF SOUTH AMERICA    251
TABLE 310    REST OF SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT, 2019–2022 (USD MILLION)    251
TABLE 311    REST OF SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY MODE  OF TRANSPORT, 2023–2027 (USD MILLION)    251
TABLE 312    REST OF SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT, 2019–2022 (UNITS)    251
TABLE 313    REST OF SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT, 2023–2027 (UNITS)    252
TABLE 314    REST OF SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2019–2022 (KT)    252
TABLE 315    REST OF SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2023–2027 (KT)    252
TABLE 316    REST OF SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2019–2022 (KT)    253
TABLE 317    REST OF SOUTH AMERICA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2023–2027 (KT)    253
13.7    REST OF THE WORLD    253
TABLE 318    REST OF THE WORLD VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY, 2019–2022 (USD MILLION)    254
TABLE 319    REST OF THE WORLD VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY, 2023–2027 (USD MILLION)    254
TABLE 320    REST OF THE WORLD VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY, 2019–2022 (UNITS)    254
TABLE 321    REST OF THE WORLD VEHICLE TYPE: REFRIGERATED TRANSPORT MARKET,
BY COUNTRY, 2023–2027 (UNITS)    254
TABLE 322    REST OF THE WORLD CHILLED PRODUCTS: REFRIGERATED TRANSPORT MARKET,  BY COUNTRY, 2019–2022 (KT)    255
TABLE 323    REST OF THE WORLD CHILLED PRODUCTS: REFRIGERATED TRANSPORT MARKET,  BY COUNTRY, 2023–2027 (KT)    255
TABLE 324    REST OF THE WORLD FROZEN PRODUCTS: REFRIGERATED TRANSPORT MARKET,  BY COUNTRY, 2019–2022 (KT)    255
TABLE 325    REST OF THE WORLD FROZEN PRODUCTS: REFRIGERATED TRANSPORT MARKET,  BY COUNTRY, 2023–2027 (KT)    255
TABLE 326    REST OF THE WORLD: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT, 2019–2022 (USD MILLION)    256
TABLE 327    REST OF THE WORLD: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT, 2023–2027 (USD MILLION)    256
TABLE 328    REST OF THE WORLD: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT, 2019–2022 (UNITS)    256
TABLE 329    REST OF THE WORLD: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT, 2023–2027 (UNITS)    257
TABLE 330    REST OF THE WORLD: REFRIGERATED TRANSPORT MARKET,
BY TEMPERATURE,  2019–2022 (UNITS)    257
TABLE 331    REST OF THE WORLD: REFRIGERATED TRANSPORT MARKET,
BY TEMPERATURE,  2023–2027 (UNITS)    257
TABLE 332    REST OF THE WORLD: REFRIGERATED TRANSPORT MARKET,
BY TECHNOLOGY,  2019–2022 (USD MILLION)    257
TABLE 333    REST OF THE WORLD: REFRIGERATED TRANSPORT MARKET,
BY TECHNOLOGY,  2023–2027 (USD MILLION)    258
TABLE 334    REST OF THE WORLD: REFRIGERATED TRANSPORT MARKET,
BY TECHNOLOGY,  2019–2022 (UNITS)    258
TABLE 335    REST OF THE WORLD: REFRIGERATED TRANSPORT MARKET,
BY TECHNOLOGY,  2023–2027 (UNITS)    258
TABLE 336    REST OF THE WORLD: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2019–2022 (KT)    259
TABLE 337    REST OF THE WORLD: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2023–2027 (KT)    259
TABLE 338    REST OF THE WORLD: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2019–2022 (KT)    259
TABLE 339    REST OF THE WORLD: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2023–2027 (KT)    260
13.7.1    AFRICA    260
13.7.1.1    Increase in the export of perishable foods such as fruits & vegetables is the key driver for African refrigerated transport    260
TABLE 340    AFRICA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    260
TABLE 341    AFRICA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    261
TABLE 342    AFRICA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    261
TABLE 343    AFRICA: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    261
TABLE 344    AFRICA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2019–2022 (KT)    262
TABLE 345    AFRICA: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS, 2023–2027 (KT)    262
TABLE 346    AFRICA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2019–2022 (KT)    262
TABLE 347    AFRICA: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS, 2023–2027 (KT)    263
13.7.2    MIDDLE EAST    263
13.7.2.1    Significant reliance on food imports to drive the growth of the refrigerated transport market    263
TABLE 348    MIDDLE EAST: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (USD MILLION)    263
TABLE 349    MIDDLE EAST: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (USD MILLION)    264
TABLE 350    MIDDLE EAST: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2019–2022 (UNITS)    264
TABLE 351    MIDDLE EAST: REFRIGERATED TRANSPORT MARKET, BY MODE OF TRANSPORT,  2023–2027 (UNITS)    264
TABLE 352    MIDDLE EAST: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,  2019–2022 (KT)    265
TABLE 353    MIDDLE EAST: REFRIGERATED TRANSPORT MARKET, BY CHILLED PRODUCTS,  2023–2027 (KT)    265
TABLE 354    MIDDLE EAST: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,  2019–2022 (KT)    265
TABLE 355    MIDDLE EAST: REFRIGERATED TRANSPORT MARKET, BY FROZEN PRODUCTS,  2023–2027 (KT)    266
14    COMPETITIVE LANDSCAPE    267
14.1    OVERVIEW    267
14.2    MARKET SHARE ANALYSIS, 2021    267
TABLE 356    FROZEN AND CHILLED FOOD MANUFACTURERS SHARE ANALYSIS, 2021    268
14.3    HISTORICAL REVENUE ANALYSIS OF KEY PLAYERS    268
FIGURE 46    FIVE-YEAR TOTAL REVENUE ANALYSIS OF KEY PLAYERS IN THE MARKET,  2016–2020 (USD BILLION)    268
14.4    COVID-19-SPECIFIC COMPANY RESPONSE    269
14.4.1    KELLOGG CO    269
14.4.2    GENERAL MILLS INC.    269
14.4.3    NESTLE SA    269
14.4.4    CONAGRA BRANDS    269
14.4.5    TYSON FOODS, INC.    270
14.5    COMPANY EVALUATION QUADRANT (KEY PLAYERS)    270
14.5.1    STARS    270
14.5.2    PERVASIVE PLAYERS    270
14.5.3    EMERGING LEADERS    270
14.5.4    PARTICIPANTS    271
FIGURE 47    FROZEN AND CHILLED FOOD MANUFACTURERS, COMPANY EVALUATION QUADRANT, 2021    271
14.5.5    FROZEN AND CHILLED FOOD FOOTPRINT (KEY PLAYERS)    272
TABLE 357    COMPANY FOOTPRINT, BY CHILLED FOOD PRODUCTS    272
TABLE 358    COMPANY FOOTPRINT, BY FROZEN FOOD PRODUCTS    272
TABLE 359    COMPANY REGIONAL, BY REGIONAL FOOTPRINT    273
TABLE 360    OVERALL, COMPANY FOOTPRINT    274
TABLE 361    FROZEN AND CHILLED FOOD: COMPETITIVE BENCHMARKING OF OTHER PLAYERS    275
14.6    COMPETITIVE SCENARIO    276
14.6.1    NEW PRODUCT LAUNCHES    276
TABLE 362    FROZEN AND CHILLED FOOD: NEW PRODUCT LAUNCHES, 2018-2021    276
14.6.2    DEALS    277
TABLE 363    FROZEN AND CHILLED FOOD: DEALS, 2018-2022    277
14.6.3    OTHERS    278
TABLE 364    FROZEN AND CHILLED FOOD: OTHERS, 2019-2021    278
15    COMPANY PROFILES    279
(Business overview, Products/solutions/services offered, Recent Developments, MNM view)*
15.1    KEY PLAYERS    279
15.1.1    NESTLE SA    279
TABLE 365    NESTLE SA: BUSINESS OVERVIEW    279
FIGURE 48    NESTLE SA: COMPANY SNAPSHOT    280
TABLE 366    NESTLE SA: PRODUCTS OFFERED    280
TABLE 367    NESTLE SA: NEW PRODUCT LAUNCHES    281
TABLE 368    NESTLE SA: OTHERS    281
15.1.2    TYSON FOODS, INC.    283
TABLE 369    TYSON FOODS, INC.: BUSINESS OVERVIEW    283
FIGURE 49    TYSON FOODS, INC.: COMPANY SNAPSHOT    283
TABLE 370    TYSON FOODS, INC.: PRODUCTS OFFERED    284
TABLE 371    TYSON FOODS, INC.: DEALS    284
15.1.3    THE KRAFT HEINZ COMPANY    286
TABLE 372    THE KRAFT HEINZ COMPANY: BUSINESS OVERVIEW    286
FIGURE 50    THE KRAFT HEINZ COMPANY: COMPANY SNAPSHOT    287
TABLE 373    THE KRAFT HEINZ COMPANY: PRODUCTS OFFERED    287
TABLE 374    THE KRAFT HEINZ COMPANY: DEALS    288
15.1.4    GENERAL MILLS INC.    290
TABLE 375    GENERAL MILLS INC.: BUSINESS OVERVIEW    290
FIGURE 51    GENERAL MILLS INC.: COMPANY SNAPSHOT    291
TABLE 376    GENERAL MILLS INC.: PRODUCTS OFFERED    291
TABLE 377    GENERAL MILLS INC.: DEALS    292
TABLE 378    GENERAL MILLS INC.: OTHERS    292
15.1.5    SMITHFIELD FOODS, INC    293
TABLE 379    SMITHFIELD FOODS, INC: BUSINESS OVERVIEW    293
TABLE 380    SMITHFIELD FOODS, INC: PRODUCTS OFFERED    293
15.1.6    KELLOGG CO.    295
TABLE 381    KELLOGG CO.: BUSINESS OVERVIEW    295
FIGURE 52    KELLOGG CO.: COMPANY SNAPSHOT    296
TABLE 382    KELLOGG CO.: PRODUCTS OFFERED    296
TABLE 383    KELLOGG CO.: NEW PRODUCT LAUNCHES    297
15.1.7    CONAGRA BRANDS, INC.    299
TABLE 384    CONAGRA BRANDS, INC.: BUSINESS OVERVIEW    299
FIGURE 53    CONAGRA BRANDS, INC.: COMPANY SNAPSHOT    299
TABLE 385    CONAGRA BRANDS, INC.: PRODUCTS OFFERED    300
15.1.8    KERRY GROUP PLC    302
TABLE 386    KERRY GROUP PLC: BUSINESS OVERVIEW    302
FIGURE 54    KERRY GROUP PLC: COMPANY SNAPSHOT    303
TABLE 387    KERRY GROUP PLC: PRODUCTS OFFERED    303
15.1.9    DEL MONTE PACIFIC LIMITED    305
TABLE 388    DEL MONTE PACIFIC LIMITED: BUSINESS OVERVIEW    305
FIGURE 55    DEL MONTE PACIFIC LIMITED: COMPANY SNAPSHOT    306
TABLE 389    DEL MONTE PACIFIC LIMITED: PRODUCTS OFFERED    306
15.1.10    ARYZTA AG    307
TABLE 390    ARYZTA AG: BUSINESS OVERVIEW    307
FIGURE 56    ARYZTA AG: COMPANY SNAPSHOT    308
TABLE 391    ARYZTA AG: PRODUCTS OFFERED    308
*Details on Business overview, Products/solutions/services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
16    COMPETITIVE LANDSCAPE    310
16.1    OVERVIEW    310
16.2    MARKET SHARE ANALYSIS, 2021    310
TABLE 392    REFRIGERATED AND TRANSPORT SERVICE PROVIDERS MANUFACTURERS SHARE ANALYSIS, 2021    311
16.3    HISTORICAL REVENUE ANALYSIS OF KEY PLAYERS    311
FIGURE 57    FIVE-YEAR TOTAL REVENUE ANALYSIS OF KEY PLAYERS IN THE MARKET,  2016–2020 (USD BILLION)    311
16.4    COMPANY EVALUATION QUADRANT (KEY PLAYERS)    312
16.4.1    STARS    312
16.4.2    PERVASIVE PLAYERS    312
16.4.3    EMERGING LEADERS    313
16.4.4    PARTICIPANTS    313
FIGURE 58    REFRIGERATED AND TRANSPORT SERVICE PROVIDERS MANUFACTURERS, COMPANY EVALUATION QUADRANT, 2021    313
16.4.5    REFRIGERATED TRANSPORT SERVICE PROVIDER'S PRODUCT FOOTPRINT (KEY PLAYERS)    314
TABLE 393    COMPANY FOOTPRINT, BY MODE OF TRANSPORT    314
TABLE 394    COMPANY FOOTPRINT, BY TEMPERATURE    314
TABLE 395    REFRIGERATED AND TRANSPORT SERVICE PROVIDERS: COMPETITIVE BENCHMARKING OF MARKET PLAYERS    315
16.5    COMPETITIVE SCENARIO    317
16.5.1    NEW PRODUCT LAUNCHES    317
TABLE 396    REFRIGERATED TRANSPORT SERVICE PROVIDERS: NEW PRODUCT LAUNCHES,  2018-2021    317
16.5.2    DEALS    319
TABLE 397    REFRIGERATED TRANSPORT SERVICE PROVIDERS: DEALS, 2018-2022    319
16.5.3    OTHERS    321
TABLE 398    REFRIGERATED TRANSPORT SERVICE PROVIDERS: OTHERS, 2019-2021    321
17    COMPANY PROFILES    322
(Business overview, Products/solutions/services offered, Recent Developments, MNM view)*
17.1    KEY PLAYERS    322
17.1.1    UNITED TECHNOLOGIES CORPORATION (CARRIER CORPORATION)    322
TABLE 399    UNITED TECHNOLOGIES CORPORATION (CARRIER CORPORATION): BUSINESS OVERVIEW    322
FIGURE 59    UNITED TECHNOLOGIES CORPORATION (CARRIER CORPORATION):  COMPANY SNAPSHOT    323
TABLE 400    UNITED TECHNOLOGIES CORPORATION (CARRIER CORPORATION): PRODUCTS OFFERED    323
TABLE 401    UNITED TECHNOLOGIES CORPORATION (CARRIER CORPORATION): NEW PRODUCT LAUNCHES    324
TABLE 402    UNITED TECHNOLOGIES CORPORATION (CARRIER CORPORATION): DEALS    325
TABLE 403    UNITED TECHNOLOGIES CORPORATION (CARRIER CORPORATION): OTHERS    325
17.1.2    DAIKIN INDUSTRIES, LTD.,    327
TABLE 404    DAIKIN INDUSTRIES, LTD.: BUSINESS OVERVIEW    327
FIGURE 60    DAIKIN INDUSTRIES, LTD.: COMPANY SNAPSHOT    328
TABLE 405    DAIKIN INDUSTRIES, LTD.: PRODUCTS OFFERED    328
TABLE 406    DAIKIN INDUSTRIES, LTD.: DEALS    328
17.1.3    INGERSOLL RAND    330
TABLE 407    INGERSOLL RAND: BUSINESS OVERVIEW    330
FIGURE 61    INGERSOLL RAND: COMPANY SNAPSHOT    331
TABLE 408    INGERSOLL RAND: PRODUCTS OFFERED    331
TABLE 409    INGERSOLL RAND: NEW PRODUCT LAUNCHES    332
TABLE 410    INGERSOLL RAND: DEALS    333
TABLE 411    INGERSOLL RAND: OTHERS    333
17.1.4    CHINA INTERNATIONAL SHIPPING CONTAINERS (GROUP) CO., LTD.    334
TABLE 412    CHINA INTERNATIONAL SHIPPING CONTAINERS (GROUP) CO., LTD.: BUSINESS OVERVIEW    334
TABLE 413    CHINA INTERNATIONAL SHIPPING CONTAINERS (GROUP) CO., LTD.: PRODUCTS OFFERED    334
TABLE 414    CHINA INTERNATIONAL SHIPPING CONTAINERS (GROUP) CO., LTD.:
NEW PRODUCT LAUNCHES    335
17.1.5    UTILITY TRAILER MANUFACTURING COMPANY    336
TABLE 415    UTILITY TRAILER MANUFACTURING COMPANY: BUSINESS OVERVIEW    336
TABLE 416    UTILITY TRAILER MANUFACTURING COMPANY: PRODUCTS/ OFFERED    336
TABLE 417    UTILITY TRAILER MANUFACTURING COMPANY: NEW PRODUCT LAUNCHES    337
TABLE 418    UTILITY TRAILER MANUFACTURING COMPANY: DEALS    337
TABLE 419    UTILITY TRAILER MANUFACTURING COMPANY: OTHERS    337
17.1.6    SINGAMAS CONTAINER HOLDINGS LIMITED    339
TABLE 420    SINGAMAS CONTAINER HOLDINGS LIMITED: BUSINESS OVERVIEW    339
FIGURE 62    SINGAMAS CONTAINER HOLDINGS LIMITED: COMPANY SNAPSHOT    339
TABLE 421    SINGAMAS CONTAINER HOLDINGS LIMITED: PRODUCTS OFFERED    340
TABLE 422    SINGAMAS CONTAINER HOLDINGS LIMITED: DEALS    340
17.1.7    HYUNDAI    341
TABLE 423    HYUNDAI: BUSINESS OVERVIEW    341
FIGURE 63    HYUNDAI: COMPANY SNAPSHOT    342
TABLE 424    HYUNDAI: PRODUCTS OFFERED    342
TABLE 425    HYUNDAI: NEW PRODUCT LAUNCHES    343
TABLE 426    HYUNDAI: OTHERS    343
17.1.8    SCHMITZ CARGOBULL    344
TABLE 427    SCHMITZ CARGOBULL: BUSINESS OVERVIEW    344
TABLE 428    SCHMITZ CARGOBULL: PRODUCTS OFFERED    344
TABLE 429    SCHMITZ CARGOBULL: NEW PRODUCT LAUNCHES    345
TABLE 430    SCHMITZ CARGOBULL: OTHERS    345
17.1.9    KRONE    346
TABLE 431    KRONE: BUSINESS OVERVIEW    346
TABLE 432    KRONE: PRODUCTS OFFERED    346
TABLE 433    KRONE: DEALS    346
17.1.10    LAMBERET SAS    348
TABLE 434    LAMBERET SAS: BUSINESS OVERVIEW    348
TABLE 435    LAMBERET SAS: PRODUCTS OFFERED    348
17.1.11    TATA MOTORS    350
TABLE 436    TATA MOTORS: BUSINESS OVERVIEW    350
TABLE 437    TATA MOTORS: PRODUCTS OFFERED    350
17.1.12    VE COMMERCIAL VEHICLES LIMITED    352
TABLE 438    VE COMMERCIAL VEHICLES LIMITED: BUSINESS OVERVIEW    352
TABLE 439    VE COMMERCIAL VEHICLES LIMITED: PRODUCTS OFFERED    352
17.1.13    SHAANXI TIANHUI INLONG TRADING CO. LTD    353
TABLE 440    SHAANXI TIANHUI INLONG TRADING CO. LTD: BUSINESS OVERVIEW    353
TABLE 441    SHAANXI TIANHUI INLONG TRADING CO. LTD: PRODUCTS OFFERED    353
17.1.14    WABASH NATIONAL CORPORATION    354
TABLE 442    WABASH NATIONAL CORPORATION: BUSINESS OVERVIEW    354
TABLE 443    WABASH NATIONAL CORPORATION: PRODUCTS OFFERED    354
17.1.15    GREAT DANE LLC    355
TABLE 444    GREAT DANE LLC: BUSINESS OVERVIEW    355
TABLE 445    GREAT DANE LLC: PRODUCTS OFFERED    355
*Details on Business overview, Products/solutions/services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
18    ADJACENT AND RELATED MARKETS    356
18.1    INTRODUCTION    356
TABLE 446    ADJACENT MARKETS TO REFRIGERATED TRANSPORT MARKET    356
18.2    LIMITATIONS    356
18.3    COLD CHAIN MARKET    357
18.3.1    MARKET DEFINITION    357
18.3.2    MARKET OVERVIEW    357
TABLE 447    COLD CHAIN MARKET, BY VEHICLE TYPE, 2020–2025 (USD MILLION)    357
18.4    FROZEN FOOD MARKET    358
18.4.1    MARKET DEFINITION    358
18.4.2    MARKET OVERVIEW    358
TABLE 448    FROZEN FOOD MARKET SIZE, BY PRODUCT, 2020–2025 (USD BILLION)    358
19    APPENDIX    359
19.1    DISCUSSION GUIDE    359
19.2    KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    363
19.3    AVAILABLE CUSTOMIZATIONS    365
19.4    RELATED REPORTS    366
19.5    AUTHOR DETAILS    367"