Global Reefer container Market Overview:
Reefer containers are also known as refrigerated containers are basically big-sized fridges used to transport temperature-controlled cargoes. These containers are used for both food applications such as fruits, meat, fish, seafood, and vegetables, dairy as well as non-food applications such as flowers, pharmaceuticals, and film across many miles and oceans. As these containers have the ability to maintain the cargo at the required temperatures for the duration of the transit they are widely used in pharma and chemical industries.
- Growing Pharmaceutical Drugs Consumption Globally
- Increase In Trade Routes With Expanding E-Commerce Industry
- Advent Of Real-Time Tracking Technology For Refrigerated Goods
- High Cost Of Reefer Containers
- Growing Demand For Refrigerator Insulated Containers To Safely Transporting Food Products
- Rising Adoption Of Temperature Sensitive Products
- Lack Of Adequate Ecosystem & Infrastructure
The level of competition among the companies in the global reefer container market is intense and providers focus on developing new technologies. During the coming years, a number of companies will also follow partnership, merger, acquisition, and other strategies to sustain in this competitive market
Some of the key players profiled in the report are A.P. Moller - Maersk A/S (Denmark), Singamas Container Holdings Ltd. (Hong Kong), China International Marine Containers (Group) Co. Ltd. (China), Seaco Srl (United Kingdom), Triton International Ltd. (United States), MSC Mediterranean Shipping Company S.A. (Switzerland), Hapag-Lloyd AG (Germany), Ocean Network Express (ONE) Pte. Ltd. (United Kingdom), ZIM Integrated Shipping Services Ltd. (Israel) and CARU Containers B.V. (United States). Additionally, following companies can also be profiled that are part of our coverage like Klinge Corporation (United States) and BSL Refrigerated Containers (China). Analyst at AMA Research see United States and European Manufacturers to retain maximum share of Global Reefer container market by 2026. Considering Market by Industry, the sub-segment i.e. Food will boost the Reefer container market. Considering Market by Container Length, the sub-segment i.e. 10 Feet will boost the Reefer container market. Considering Market by Transportation Mode, the sub-segment i.e. Seaway will boost the Reefer container market. Considering Market by Container Capacity, the sub-segment i.e. Upto 10 Tons will boost the Reefer container market.
Latest Market Insights:
In December 2020, SeaCube Containers LLC acquired Sensitech Inc.ís 200 Carrier Pods. This acquisition intended to address the increasing demand for refrigerated storage capacity and cargo visibility.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Reefer container market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Reefer container market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Reefer Container Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.