Reefer Container Market to Observe Prominent CAGR of 8% by 2026, Size, Share, Trends, Demand, Growth, Challenges and Competitive Outlook

According to the MarkNtel Advisors' research report, "Global Reefer Container Market Analysis, 2021," the market is likely to grow at a CAGR of around 8% during 2021-26 due to the rising trade of perishable commodities at a global level and the increasing number of trade routes.

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Key Findings of the Study: Reefer Container market

Market Driver

Expansion of Transportation Industry Facilitating the Market Growth

The growing international trade and the development of easy-navigation technology have bolstered the growth of the reefer container market. Reefer containers provide fast, easy, and safe transportation of goods by protecting them from the external environment. Further, the use of reefer containers for storage purposes has eliminated the market of temporary warehouses. Thus, presenting a growth opportunity to drive the reefer container market.

For more detailed information about the Reefer Container market report, click here – https://www.marknteladvisors.com/research-library/global-reefer-container-market.html

Scope of the Report and Reefer Container Market Segmentation:

By Size

• 20 feet
• 40 feet
• More than 40 feet

By Transportation Mode

• Seaways
• Railways
• Roadways

By Industry

• Food
  • Meat/Poultry
  • Fish/Seafood
  • Vegetables
  • Dairy Products
• Pharmaceuticals
  • Liquid Medicines
  • Pills
  • Vaccine
  • Biologicals
• Chemical

Based on Industry, the Pharmaceutical Industry registers the fastest growth in the global reefer container market due to the increasing demand for carefully transporting temperature-sensitive pharmaceuticals to avoid damage & loss.

Geographical Analysis:

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

Globally, Asia-Pacific accounted for the largest share in the reefer container market in the previous year.

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