Press release
Refrigerated Sea Transportation Market expected to increase at CAGR of 6.9 percent by 2029, Global Trend, Share Analysis, Market Size, and Technology Development |Regional Analysis
Refrigerated Sea Transportation Market
Pune 27, Feb 2023: The total global market for the "Refrigerated Sea Transportation Market" was valued at USD 8.1 Bn in 2021 and is expected to significantly grow at a CAGR of 6.9 percent over the forecast period to reach USD 13.81 Bn by 2029. Maximize Market Research, a top international business & consultancy firm in India, has recently published a report.
Refrigerated Sea Transportation Market Report Scope and Research Methodology
The report provides an analysis of the Global Refrigerated Sea Transportation Market status, market share, future trends, growth rate, market drivers, opportunities and challenges. The Refrigerated Sea Transportation Market report covers a comprehensive analysis and management market for investors and stakeholders in the industry. The report covers analysis through various Refrigerated Sea Transportation Market segments and sub-segments. The report covers the regional and country-level analysis of the Refrigerated Sea Transportation Market for recent and future growth trends, prospects, and their contribution to the market. The refrigerated Sea Transportation Market provides the CAGR of the market, market size, and other key factors related to the Market. The report provides key market players by region, along with their revenue, financial status, and technical developments are analysed for understanding the competitive landscape of the market. The bottom-up approach was used to estimate the Refrigerated Sea Transportation Market size.
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Technologies and global trade expansions to drive the Refrigerated Sea Transportation Market growth
Sensors and IT infrastructures, increasing usage of telematics, GPS systems, navigation systems and temperature monitoring sensors are accelerating the Refrigerated Sea Transportation Market growth during the forecast period. The large size of containers such as the 40 ft. containers are designed to carry bulky goods as well as a higher and small difference in the cost of containers is expected to drive the market growth. The world trade expansion and huge demand for Prioritizing ships for international trade are major factors influencing the Refrigerated Sea Transportation Market growth. The faster rate of urbanization and development has resulted in an increase in the trade volume.
Additionally, increasing demand for home delivery services, and rising food services, as well as food processing sectors, are expected to drive the Refrigerated Sea Transportation Market during the forecast period. The market is driven by the increasing number of refrigerator warehouses and the pharmaceutical sector. Refrigerated vehicle manufacturers continuously design new technology to minimize the ecological effect such as carbon and footprint and noise pollution.
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Asia Pacific held the largest global Refrigerated Sea Transportation Market share with 45 percent in 2021
In the region, Asian ports especially in China dominated the market share due to the large population and industrial revolution development. The Refrigerated Sea Transportation Market is driven by changing lifestyles slopping towards convinces food products and increasing shelf life in emerging economies.
Europe held the second-largest market share because of global trade and a robust economic environment. During the forecast period in the region, the present major players, increasing frozen food demand and the online retail market are expected to drive the regional Refrigerated Sea Transportation Market growth. In 2021, based on type the containerized, Reefers segment dominated the Refrigerated Sea Transportation Market share and is expected to significantly grow during the forecast period.
Refrigerated Sea Transportation Market Segmentation
By Mode of Transportation:
Containerized Reefers
Specialized Reefers
By Technology:
Vapour Compression Systems
Air-blown Evaporators
Eutectic Devices
Cryogenic System
Cryo-trans indirect (CTD)
Cryo-trans Indirect (CTI)
Cryo-Trans Hybrid
By Application:
Chilled Food Products
Milk
Bakery & Confectionery Products
Dairy products
Beverages
Fresh Fruits & Vegetables
Frozen Food Products
Ice-cream
Frozen dairy Products
Processed Meat
Fish & Seafood
Bakery Products
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Refrigerated Sea Transportation Market Key Players include:
CMA CGM S.A.
Seatrade Reefer Chartering
Maersk Line, NYK Line
China Shipping Container Lines
Africa Express Line
Geest Line
Green Reefers Group
APL
Klinge Group
Kyowa Shipping
Hanjin Shipping
Maestro Reefers
Hamburg Sud
Orient Overseas Container Line
FSC Frigoship Chartering
K Line Logistics
Mediterranean Shipping Company
SeaCube Container Leasing
BLPL
STAR Reefers
Mitsui O.S.K. Lines
KMTC
Yang Ming Marine Transport
Hapag-Lloyd
ZIM Integrated Shipping Services
Compania Sudamericana de Vapores
United Arab Shipping
Table of content for the Global Refrigerated Sea Transportation Market includes:
Global Refrigerated Sea Transportation Market: Research Methodology
Global Refrigerated Sea Transportation Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Refrigerated Sea Transportation Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Refrigerated Sea Transportation Market Segmentation
Global Market, by Mode Of Transportation (2021-2029)
Global Market, by Technology (2021-2029)
Global Market, by Application (2021-2029)
Global Regional Refrigerated Sea Transportation Market (2021-2029)
Regional Market, by Mode Of Transportation (2021-2029)
Regional Market, by Technology (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Mode Of Transportation, Technology, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Maximize Market Research is leading Automotive and Transportation research firm, has also published the following reports:
Global Refrigerated Warehousing Market-Industry Analysis and forecast 2027: Temperature, Application & Region- know more
https://www.maximizemarketresearch.com/market-report/refrigerated-warehousing-market/545/
Refrigerated Transport Market: Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/refrigerated-transport-market/607/
Pharmaceutical Logistics Market: Global Industry Analysis and Forecast (2022-2029) by Type, Component, Application, and Region- know more
https://www.maximizemarketresearch.com/market-report/global-pharmaceutical-logistics-market/108428/
Commercial refrigerator Market: Global Forecasting and Analysis (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-commercial-refrigerator-market/36726/
Container Fleet Market - Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-container-fleet-market/35879/
Reefer Truck Market- Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-reefer-truck-market/82721/
Ice Maker Market: Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-ice-maker-market/87061/
Road Freight Transportation Market: Global Industry Analysis And Forecast (2022-2029) - know more https://www.maximizemarketresearch.com/market-report/global-road-freight-transportation-market/79258/
Global Milk Tank Cooling System Market: Industry Analysis and Forecast (2021-2027) by Type, Capacity, Application and Region- know more
https://www.maximizemarketresearch.com/market-report/global-milk-tank-cooling-system-market/120045/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic Industries, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified Type estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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