Market Overview:
The global multi-temperature refrigerated 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 temperature-controlled transportation and storage solutions across various industries, such as food and beverages, healthcare, and others.
Product Definition:
Multi-temperature refrigerated trailers (MTRTs) are used to haul temperature-sensitive cargo that needs to be kept at different temperatures. The importance of MTRTs is that they allow for more efficient and reliable transportation of food and other perishables.
Load
10 tons ≤ load ≤ 20 tons:
The global Multi-temperature Refrigerated Trailers market size was valued at USD 5.0 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for refrigerated transportation trailers across various end-use industries such as food & beverages, chemicals, pharmaceuticals, and others is anticipated to drive the growth of this industry over the forecast period.
Application Insights:
The food and beverages application segment led the global multi-temperature refrigerated trailers market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to rising demand for processed meat, poultry and seafood products across the globe. Furthermore, increasing consumption of alcoholic and non-alcoholic packaged foods including ice creams, chocolates, cakes along with beverages such as beer is expected to propel industry growth over the coming years.
The healthcare application segment accounted for a significant share in 2017 due to factors such as growing investments by governments in improving healthcare infrastructure coupled with an increase number of medical tourism activities globally are anticipated to boost industry growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for food and beverages, healthcare products and others in this region. The growth can be attributed to the presence of a large number of manufacturers in China, which has resulted in increased production as well as export across Asia Pacific region.
The Europe market was valued at USD X million in 2017 and is anticipated to witness considerable growth over the forecast period due high consumption of alcohol, tobacco products along with other cold drinks such as juices and smoothies on hot summer days.
Growth Factors:
- Increasing demand for perishable goods and food items: The global population is growing at a rapid pace and with it the demand for fresh and perishable food items is also increasing. This is driving the growth of the multi-temperature refrigerated trailers market as these trailers can provide an efficient way to transport perishables over long distances.
- Rising disposable income in developing countries: A large portion of the global population resides in developing countries where there is a rising middle class with increasing disposable income. This is leading to an increase in demand for high-quality, fresh, and affordable food products, which is benefiting the multi-temperature refrigerated trailers market.
- Proliferation of online grocery stores: The growth of online grocery stores has been one of the most significant trends in recent years, especially in developed countries such as the US and UK. This trend is expected to continue growing in popularity due to convenience and affordability factors, which will benefit the multi-temperature refrigerated trailers market as these trailers are well suited for transporting groceries over long distances.
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-temperature Refrigerated Trailers Market Research Report
By Type
Load <10 tons, 10 tons ≤ load ≤ 20 tons, Load> 20 tons
By Application
Food and Beverages, Healthcare, Others
By Companies
Great Dane Trailers, Montracon, Utility Trailer Manufacturing Company, CIMC, Henan ice bear special vehicle manufacturing co., LTD., Wabash National, Fahrzeugwerk Bernard KRONE, Lamberet Refrigerated, Gray & Adams, Schmitz Cargobull, Otokar, Zhengzhou Hongyu Special Vehicle Co., Ltd., Kogel Trailer, Randon Implementos
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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Multi-temperature Refrigerated Trailers Market Report Segments:
The global Multi-temperature Refrigerated Trailers market is segmented on the basis of:
Types
Load <10 tons, 10 tons ≤ load ≤ 20 tons, Load> 20 tons
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
Food and Beverages, Healthcare, 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:
- Great Dane Trailers
- Montracon
- Utility Trailer Manufacturing Company
- CIMC
- Henan ice bear special vehicle manufacturing co., LTD.
- Wabash National
- Fahrzeugwerk Bernard KRONE
- Lamberet Refrigerated
- Gray & Adams
- Schmitz Cargobull
- Otokar
- Zhengzhou Hongyu Special Vehicle Co., Ltd.
- Kogel Trailer
- Randon Implementos
Highlights of The Multi-temperature Refrigerated 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:
- Load <10 tons
- 10 tons ≤ load ≤ 20 tons
- Load> 20 tons
- By Application:
- Food and Beverages
- Healthcare
- 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 Multi-temperature Refrigerated 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.
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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?
Multi-temperature refrigerated trailers are designed to maintain a consistent temperature for food items, even when the outside temperature changes. This is possible because the trailer has multiple cooling systems that work together to keep the food at an ideal temperature.
Some of the key players operating in the multi-temperature refrigerated trailers market are Great Dane Trailers, Montracon, Utility Trailer Manufacturing Company, CIMC, Henan ice bear special vehicle manufacturing co., LTD., Wabash National, Fahrzeugwerk Bernard KRONE, Lamberet Refrigerated, Gray & Adams, Schmitz Cargobull, Otokar, Zhengzhou Hongyu Special Vehicle Co., Ltd., Kogel Trailer, Randon Implementos.
The multi-temperature refrigerated trailers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Multi-temperature Refrigerated 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 Multi-temperature Refrigerated Trailers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Multi-temperature Refrigerated 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 Multi-temperature Refrigerated 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 Multi-temperature Refrigerated Trailers Market Size & Forecast, 2018-2028 4.5.1 Multi-temperature Refrigerated Trailers Market Size and Y-o-Y Growth 4.5.2 Multi-temperature Refrigerated Trailers Market Absolute $ Opportunity
Chapter 5 Global Multi-temperature Refrigerated Trailers 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 Multi-temperature Refrigerated Trailers Market Size Forecast by Type
5.2.1 Load <10 tons
5.2.2 10 tons ≤ load ≤ 20 tons
5.2.3 Load> 20 tons
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Multi-temperature Refrigerated Trailers 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 Multi-temperature Refrigerated Trailers Market Size Forecast by Applications
6.2.1 Food and Beverages
6.2.2 Healthcare
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multi-temperature Refrigerated 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 Multi-temperature Refrigerated 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 Multi-temperature Refrigerated Trailers Analysis and Forecast
9.1 Introduction
9.2 North America Multi-temperature Refrigerated Trailers 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 Multi-temperature Refrigerated Trailers Market Size Forecast by Type
9.6.1 Load <10 tons
9.6.2 10 tons ≤ load ≤ 20 tons
9.6.3 Load> 20 tons
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 Multi-temperature Refrigerated Trailers Market Size Forecast by Applications
9.10.1 Food and Beverages
9.10.2 Healthcare
9.10.3 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 Multi-temperature Refrigerated Trailers Analysis and Forecast
10.1 Introduction
10.2 Europe Multi-temperature Refrigerated Trailers 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 Multi-temperature Refrigerated Trailers Market Size Forecast by Type
10.6.1 Load <10 tons
10.6.2 10 tons ≤ load ≤ 20 tons
10.6.3 Load> 20 tons
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 Multi-temperature Refrigerated Trailers Market Size Forecast by Applications
10.10.1 Food and Beverages
10.10.2 Healthcare
10.10.3 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 Multi-temperature Refrigerated Trailers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Multi-temperature Refrigerated Trailers 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 Multi-temperature Refrigerated Trailers Market Size Forecast by Type
11.6.1 Load <10 tons
11.6.2 10 tons ≤ load ≤ 20 tons
11.6.3 Load> 20 tons
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 Multi-temperature Refrigerated Trailers Market Size Forecast by Applications
11.10.1 Food and Beverages
11.10.2 Healthcare
11.10.3 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 Multi-temperature Refrigerated Trailers Analysis and Forecast
12.1 Introduction
12.2 Latin America Multi-temperature Refrigerated Trailers 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 Multi-temperature Refrigerated Trailers Market Size Forecast by Type
12.6.1 Load <10 tons
12.6.2 10 tons ≤ load ≤ 20 tons
12.6.3 Load> 20 tons
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 Multi-temperature Refrigerated Trailers Market Size Forecast by Applications
12.10.1 Food and Beverages
12.10.2 Healthcare
12.10.3 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) Multi-temperature Refrigerated Trailers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Multi-temperature Refrigerated Trailers 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) Multi-temperature Refrigerated Trailers Market Size Forecast by Type
13.6.1 Load <10 tons
13.6.2 10 tons ≤ load ≤ 20 tons
13.6.3 Load> 20 tons
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) Multi-temperature Refrigerated Trailers Market Size Forecast by Applications
13.10.1 Food and Beverages
13.10.2 Healthcare
13.10.3 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 Multi-temperature Refrigerated Trailers Market: Competitive Dashboard
14.2 Global Multi-temperature Refrigerated Trailers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Great Dane Trailers
14.3.2 Montracon
14.3.3 Utility Trailer Manufacturing Company
14.3.4 CIMC
14.3.5 Henan ice bear special vehicle manufacturing co., LTD.
14.3.6 Wabash National
14.3.7 Fahrzeugwerk Bernard KRONE
14.3.8 Lamberet Refrigerated
14.3.9 Gray & Adams
14.3.10 Schmitz Cargobull
14.3.11 Otokar
14.3.12 Zhengzhou Hongyu Special Vehicle Co., Ltd.
14.3.13 Kogel Trailer
14.3.14 Randon Implementos