Christy Publications Refrigerated Road Transport Market

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