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Refrigerated Road Transportation Market will register a CAGR of 5% during 2020-2024. The market’s growth momentum will Accelerate.

Rising initiatives to promote cold chain | Growth in demand for reefer containers from pharmaceutical industry | Increasing number of trade corridors will be one of the major factors driving the growth of this market. Additionally, key Refrigerated Road Transportation Market trends such as the growth in demand for reefer containers from pharmaceutical industry will also influence market growth during the forecast period.

Refrigerated Road Transportation Market Size

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During the forecast period, the Refrigerated Road Transportation Market size will grow by $ 2.40 bn.

Refrigerated Road Transportation Market : Vendors

The market is concentrated and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Refrigerated Road Transportation Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the Losses due to temperature excursion | Shortage of drivers resulting in higher lead time | Lack of logistics infrastructure and low adoption of technologies will also challenge the growth of the companies.

Bay and Bay Transportation | C.H. Robinson Worldwide Inc. | Carrier Global Corp. | CRST International Inc.  | Schenker AG | Deutsche Post DHL Group | FedEx Corp. | Knight-Swift Transportation Holdings Inc. | Unternehmensgruppe Theo Muller | Witte Bros. Exchange Inc. .list

are some of the companies covered in Technavio’s Refrigerated Road Transportation Market report for 2020-2024.

Refrigerated Road Transportation Market : Region-level Analysis

The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Refrigerated Road Transportation Market.

The APAC will account for the largest Refrigerated Road Transportation Market share and during 2020-2024, the region will contribute to 47% of the market’s growth.

In addition to regions and the key companies involved, Technavio’s Refrigerated Road Transportation Market report also analyzes the market by Refrigerated trailers | Refrigerated vans | APAC | North America | Europe | South America | MEA.comma

Our Custom Research Solutions can provide tailored Refrigerated Road Transportation Market information to meet your specific requirements.

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