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Market Overview of Global Reefer Trailer market:
According to our latest research, the global Reefer Trailer market looks promising in the next 5 years. As of 2022, the global Reefer Trailer market was estimated at USD 6853.21 million, and it's anticipated to reach USD 9568.35 million in 2028, with a CAGR of 5.72% during the forecast years.
A reefer trailer refers to an enclosed van transport vehicle used to maintain the temperature of frozen or fresh-keeping goods which is a special refrigerated transport vehicle equipped with a refrigeration unit and a polyurethane insulation compartment. The reefer trailer can be classified according to the manufacturer, the carrying capacity of the chassis, and the type of the compartment.
Assessment of the Overall Impact of COVID-19 on the Industry
The COVID-19 outbreak has disrupted business and economic activities globally. It is expected to have a short-term impact on the Reefer Trailer market to a certain extent. With several countries across the globe announcing nationwide lockdowns and temporary closures of various industries, production and manufacturing have been severely affected. Stopping production not only aggravates the shortage of funds for small and medium-sized enterprises, but also reduces the solvency of enterprises, which may affect production and sales. Some enterprises have difficulties in operation and even go bankrupt. The epidemic situation has seriously affected the logistics and transportation, and the transportation of raw materials is difficult. The industrial chain of small and medium-sized enterprises is imperfect and fragile. Trade barriers have further impacted the demand-supply gap. Companies operating in the Reefer Trailer market have suspended non-essential visits/activities until the COVID-19 outbreak is resolved.
With the gradual control of the epidemic, some factories began to resume operation. However, enterprises need to protect the life and health of employees while operating production, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after production, and testing the body temperature of employees every day to ensure their health. These measures will increase production costs and affect the development of enterprises.
Region Overview:
Europe had the highest growth rate of all regions.
Company Overview:
Utility Trailer Manufacturing Company is one of the major players operating in the Reefer Trailer market, holding a share of 11.32% in 2020.
Utility Trailer Manufacturing Company designs and manufactures trailers and other transportation products. The Company offers dry freight vans, flatbeds, reefers, and curtain sided trailers.
Schmitz Cargobull AG manufactures trailers and semi-trailers for commercial vehicles. The Company offers semi-trailers, tipper vehicles, intermodal-systems, reefer and tilt semi-trailers, curtain siders, special vehicles for road freight transportation, and related spare parts.
Segmentation Overview:
Among different product types, Single-Temperature segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Meat and Sea Food segment occupied the biggest share from 2017 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Reefer Trailer market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Reefer Trailer Market Report:
Market Size Estimates: Reefer Trailer market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Reefer Trailer market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Reefer Trailer market
Segment Market Analysis: Reefer Trailer market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Reefer Trailer market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Reefer Trailer Market: Revenue and sales volume of major countries in each region
Reefer Trailer Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Reefer Trailer market in major regions.
Reefer Trailer Industry Value Chain: Reefer Trailer market raw materials & suppliers, manufacturing process, distributors, downstream customers
Reefer Trailer Industry News, Policies & Regulations
Key players in the global Reefer Trailer market are covered in Chapter 12:
The Cartwright Group
Great Dane Trailers, Inc.
Wabash National
Gray & Adams Ltd
Lamberet Refrigerated SAS
Fahrzeugwerk Bernard KRONE GmbH
Randon Implementos
Montracon Ltd.
Utility Trailer Manufacturing Company
Kogel Trailer GmbH & Co. KG
Schmitz Cargobull AG.
In Chapter 2 and Chapter 15.1, based on types, the Reefer Trailer market from 2018 to 2028 is primarily split into:
Single-Temperature Refrigerated Trailer
Multi-Temperature Refrigerated Trailer
In Chapter 3 and Chapter 15.2, based on applications, the Reefer Trailer market from 2018 to 2028 covers:
Dairy Products
Fruits and Vegetables
Meat and Sea Food
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Reefer Trailer market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028