Market Overview:
The global dry van trailers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for transportation of goods and rising trade activities across the globe. In terms of volume, the market is projected to reach 9,814 thousand units by 2030.
Product Definition:
A dry van trailer is a type of trailer that is used to transport goods that do not require refrigeration or protection from the elements. These trailers are often used for transporting goods such as clothing, food, and furniture. The importance of dry van trailers lies in their ability to protect cargo from damage caused by weather conditions and road debris.
20 ft trailer is a type of trailers used to transport goods in the form of goods from one place to another. It is also known as a dry van trailer or flat bed trailer. The 20-foot (6.08 m) wide trailers are commonly used for transportation and storage purposes by large manufacturing companies, which order them with side load or tailgate configuration that has doors at each end for unloading and loading cargo respectively.
20-29 ft Trailer:
20-29 ft trailer is used to haul freight in the dry van trailers market. It can be also used as a generic term for any trailers that are longer than 29 ft in length. The 20-29 ft trailer has become an essential component of the logistics industry, which depends on effective transportation and distribution of goods from manufacturer to retailer or wholesaler to end user.
Application Insights:
The non-perishable food and beverages application segment led the market in 2017. This is attributed to the rising demand for dry vans for transporting perishable foods such as fruits, vegetables, dairy products, bakery and confectionaries among others. The demand for these vehicles is expected to increase due to increasing consumer preference towards packaged food owing to growing concerns regarding product quality and safety among other factors such as cost effectiveness and time efficiency.
Regional Analysis:
Asia Pacific dominated the global dry van trailers market in 2017 and is expected to witness significant growth over the forecast period. The growth can be attributed to increasing trade activities across emerging economies, such as China and India. In addition, rising investments from multinational companies for expanding their business operations are anticipated to drive demand across this region.
The Asia Pacific has been witnessing strong economic growth since past few years on account of rapid industrialization coupled with developing infrastructure sector in countries like China and India. Furthermore, growing population along with increased per capita income is likely to boost consumerism which will further propel product demand across various applications in construction materials delivery as well as food & beverages industry space over the next eight years (2018 To 2030).
Growth Factors:
- Increasing demand for goods transportation: The growth of the global economy has led to an increase in the demand for goods transportation, which is benefiting the dry van trailers market.
- Proliferation of e-commerce: The growth of e-commerce is fueling the demand for dry van trailers, as they are used extensively to transport goods from warehouses to distribution centers and retail stores.
- Development of smart cities: As more and more cities are becoming smart, there is an increasing need for efficient logistics solutions, which is benefiting the dry van trailers market.
- Rise in freight rates: The rise in freight rates has led shippers to opt for more cost-effective modes of transportation such as dry vans, thereby driving the growth of this market segment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dry Van Trailers Market Research Report
By Type
<20 ft Trailer, 20-29 ft Trailer, 30-39 ft Trailer, 40-49 ft Trailer, ≥50 ft Trailer
By Application
Non-perishable Food and Beverages, Household Goods, Clothing, Plastic, Building Products, Agriculture, Others
By Companies
Utility Trailer Manufacturing Company, Ervin Equipment, Wabash National, Strick Trailers, Great Dane LLC, HYUNDAI Translead, STI HOLDINGS, INC, Manac, Trail King, Kentucky Trailer, Timpte, Vanguard National Trailer Corp
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Dry Van Trailers Market Report Segments:
The global Dry Van Trailers market is segmented on the basis of:
Types
<20 ft Trailer, 20-29 ft Trailer, 30-39 ft Trailer, 40-49 ft Trailer, ≥50 ft Trailer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Non-perishable Food and Beverages, Household Goods, Clothing, Plastic, Building Products, Agriculture, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Utility Trailer Manufacturing Company
- Ervin Equipment
- Wabash National
- Strick Trailers
- Great Dane LLC
- HYUNDAI Translead
- STI HOLDINGS, INC
- Manac
- Trail King
- Kentucky Trailer
- Timpte
- Vanguard National Trailer Corp
Highlights of The Dry Van Trailers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- <20 ft Trailer
- 20-29 ft Trailer
- 30-39 ft Trailer
- 40-49 ft Trailer
- ≥50 ft Trailer
- By Application:
- Non-perishable Food and Beverages
- Household Goods
- Clothing
- Plastic
- Building Products
- Agriculture
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dry Van Trailers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dry van trailers are large, enclosed vehicles that are used to transport goods by road. They typically have a capacity of between 10 and 30 tons, and can be pulled by a tractor or truck.
Some of the key players operating in the dry van trailers market are Utility Trailer Manufacturing Company, Ervin Equipment, Wabash National, Strick Trailers, Great Dane LLC, HYUNDAI Translead, STI HOLDINGS, INC, Manac, Trail King, Kentucky Trailer, Timpte, Vanguard National Trailer Corp.
The dry van trailers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dry Van Trailers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Dry Van Trailers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Dry Van Trailers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Dry Van Trailers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Dry Van Trailers Market Size & Forecast, 2020-2028
4.5.1 Dry Van Trailers Market Size and Y-o-Y Growth
4.5.2 Dry Van Trailers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 <20 ft Trailer
5.2.2 20-29 ft Trailer
5.2.3 30-39 ft Trailer
5.2.4 40-49 ft Trailer
5.2.5 ≥50 ft Trailer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Non-perishable Food and Beverages
6.2.2 Household Goods
6.2.3 Clothing
6.2.4 Plastic
6.2.5 Building Products
6.2.6 Agriculture
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dry Van Trailers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dry Van Trailers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 <20 ft Trailer
9.6.2 20-29 ft Trailer
9.6.3 30-39 ft Trailer
9.6.4 40-49 ft Trailer
9.6.5 ≥50 ft Trailer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Non-perishable Food and Beverages
9.10.2 Household Goods
9.10.3 Clothing
9.10.4 Plastic
9.10.5 Building Products
9.10.6 Agriculture
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 <20 ft Trailer
10.6.2 20-29 ft Trailer
10.6.3 30-39 ft Trailer
10.6.4 40-49 ft Trailer
10.6.5 ≥50 ft Trailer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Non-perishable Food and Beverages
10.10.2 Household Goods
10.10.3 Clothing
10.10.4 Plastic
10.10.5 Building Products
10.10.6 Agriculture
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 <20 ft Trailer
11.6.2 20-29 ft Trailer
11.6.3 30-39 ft Trailer
11.6.4 40-49 ft Trailer
11.6.5 ≥50 ft Trailer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Non-perishable Food and Beverages
11.10.2 Household Goods
11.10.3 Clothing
11.10.4 Plastic
11.10.5 Building Products
11.10.6 Agriculture
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 <20 ft Trailer
12.6.2 20-29 ft Trailer
12.6.3 30-39 ft Trailer
12.6.4 40-49 ft Trailer
12.6.5 ≥50 ft Trailer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Non-perishable Food and Beverages
12.10.2 Household Goods
12.10.3 Clothing
12.10.4 Plastic
12.10.5 Building Products
12.10.6 Agriculture
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 <20 ft Trailer
13.6.2 20-29 ft Trailer
13.6.3 30-39 ft Trailer
13.6.4 40-49 ft Trailer
13.6.5 ≥50 ft Trailer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Non-perishable Food and Beverages
13.10.2 Household Goods
13.10.3 Clothing
13.10.4 Plastic
13.10.5 Building Products
13.10.6 Agriculture
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dry Van Trailers Market: Competitive Dashboard
14.2 Global Dry Van Trailers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Utility Trailer Manufacturing Company
14.3.2 Ervin Equipment
14.3.3 Wabash National
14.3.4 Strick Trailers
14.3.5 Great Dane LLC
14.3.6 HYUNDAI Translead
14.3.7 STI HOLDINGS, INC
14.3.8 Manac
14.3.9 Trail King
14.3.10 Kentucky Trailer
14.3.11 Timpte
14.3.12 Vanguard National Trailer Corp
