Refrigerated transport market expected to exceed $194.2 billion by 2032 due to various factors.

From GlobeNewswire: 2024-10-03 07:30:00

The refrigerated transport market is set to reach USD 194.2 billion by 2032. Factors driving growth include the demand for perishable goods influenced by trends like healthier eating habits. The rise of e-commerce, especially in food and grocery, has further increased the need for reliable cold chain logistics.

Road transport holds the largest market share with over 47%, offering flexibility and door-to-door services. The market is divided into chilled and frozen segments, with the chilled segment dominating at over 57%. North America leads the global market with a 38% share, due to advanced infrastructure and high consumption of perishable goods.



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