Industry Outlook
Fast paced lifestyle and growing demand for ready-to-eat and frozen food products encouraged refrigerated trailers market to register market value of US$ 5.97 Bn in 2017 and estimated to touch US$ 8.99 Bn by 2026 with a compound annual growth rate of 4.7%. Growing demand for refrigerated trailers contributed by a number of factors besides aforementioned dynamics. Factors such as stringent government regulatory guidelines for food safety & wastage and application of refrigerated trailers for medical & healthcare sectors guided the market on the positive growth track. With almost no alternatives to aid, several end-user have to abide by refrigerated trailers for supplying articles that require refrigeration during transportation. No doubt the market expected to register big number in terms of market value throughout the forecast period from 2018 to 2026.
Market Synopsis
Chiller Trailers Zooming Ahead of Sub-zero Trailers
In 2017, chiller refrigerated trailers stood supreme in terms of market value compared to sub-zero trailers. Rapidly changing lifestyles across the globe have stimulated the demand for ready-to-eat foodstuffs, beverages and other cold edible range of products. This certainly helped chiller trailers to bud as these are extensively used to transport foodstuffs requiring temperature above 0°C. Foodstuffs such as fruits, vegetable, dairy, confectionaries and medical applications depend upon such chiller trailers for transportation without affecting their consumption quality. Sub-zero trailers are generally used to transport meat, fish and frozen foodstuffs. Although the consumption rate of meat & fish is more compared to individual other end-user, the combined demand for all end-user helped chiller trailers to hold a major share over sub-zero trailer in overall refrigerated trailers market.
Meat & Fish Commands an Upper-hand Over Greens & Fruits to Lead the Market
The astonishing demand and consumption of meat & fish testify the dominance of the segment in overall refrigerated trailers market in 2017. With countries such as the U.S., Kuwait, Australia and New Zealand among other have specific meat consumption over 100Kg per person per year, the need for transporting meat and fish has drastically encouraged the demand for refrigerated trailers. Along with consumption rate, local government regulation for food preservation, transportation, consumption quality and wastage left cold chain participants no other alternative but to incorporate advanced and latest refrigerated trailers for transportation. Fruits & vegetables and dairy products trail meat & fish segment but not with a great margin. Flourishing hospitality sectors stimulated demand for exotic fruits and vegetables and dairy products. Both the end-user constitutes a major share individually in overall refrigerated trailers market. Beside edibles, medical and healthcare segment is exploring the power of refrigerated trailers and hence is one of the lucrative segment to watch out in terms of market value and growth. Others segment consists of flora, baked goods and confectionaries and beverages among others projected to show consistent growth throughout the forecast period from 2018 to 2026.
North America and Europe Characterise more than 50% of the Total Refrigerated Trailers Market
Heavy consumption of meat, fish and dairy products coupled with rigorous food safety and wastage guidelines guided Europe and North America to top of the market podium. The combined market value of both the regions constitutes more than 50% of the total market share. The dominance of Europe projected to continue throughout the forecast period with North America Trailing closely. Climatic condition, low yielding developed countries and growing tourism and hospitality sectors are few of the several factors responsible for the market growth. Asia Pacific is the home to few of the fastest growing economies including China and India. With economic development demand for cold chain supply is also witnessing significant growth in these countries. Consequently, the region projected to grow with CAGR above North America and Europe in coming years.
Market Segmentation
by Functionality
by Number of Axle
by End-user (2016–2026; US$ Bn)
Geography Segment (2016–2026; US$ Bn)
Refrigerated Trailers Companies Needs to Cope up with Dynamic Advancements to Stay Competitive
Government regulation for food safety and wastage are more stringent than ever and in order to survive the competition, refrigerated trailer manufacturers have to be on their toes in terms of product up gradation. Designing energy efficient insulated cabins and making arrangement such as anti-microbial transportation systems expected to help manufacturers to some extent. However, price wars with local manufacturers and lack of brand awareness in developing nations is a major hindrance for big manufacturers. Some of the most influential techniques and avenues are highlighted in this research study to help manufacturers maintain their position and growth in revenue. Some of the refrigerated trailer manufacturing giants profiled in this research study include Great Dane LLC, Fahrzeugwerk Bernard KRONE GmbH, Wabash National Commercial Trailer Product, Utility Trailer Manufacturing Company, Kogel Trailer GmbH & Co. KG, Schmitz Cargobull AG., Montracon Ltd., Lamberet Refrigerated SAS, Gray & Adams Ltd., and Randon Implementos among others.
Key questions answered in this report
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Refrigerated Trailers Market
2.2 Global Refrigerated Trailers Market, by Functionality
2.3 Global Refrigerated Trailers Market, by Number of Axles
2.4 Global Refrigerated Trailers Market, by End-user
2.5 Global Refrigerated Trailers Market, by Geography
Chapter 3 Market Dynamics
3.1 Global Refrigerated Trailers Market Overview
3.1 Market Dynamics
3.1.1 Market Drivers
3.1.1.1 Growing Demand for Processed and Ready-to-eat Food Products
3.1.1.2 Stringent Government Regulation for Food Safety & Wastage
3.1.1.3 Growing Significance of Third-party Logistics
3.1.2 Market Challenges
3.1.2.1 Bigger Carbon Foot-print and Higher Energy Consumption
3.2 See-Saw Analysis
3.2.1 Impact Analysis of Drivers and Restraints
3.3 Attractive Investment Proposition, by Geography, 2017
3.4 Market Positioning of Key Players, 2017
3.4.1 Major Strategies Adopted by Key Players
Chapter 4 Global Refrigerated Trailers Market Analysis, by Functionality
4.1 Overview
4.1.1 Global Refrigerated Trailers Market Value Share, by Functionality, 2017 & 2026 (Value, %)
4.1.2 Global Refrigerated Trailers Market Value, by Functionality, 2016 – 2026 (US$ Bn)
4.2 Sub-zero Trailer
4.2.1 Global Sub-zero Trailers Market, 2016 – 2026 (US$ Bn)
4.3 Chiller Trailer
4.3.1 Global Chiller Trailers Market, 2016 – 2026 (US$ Bn)
Chapter 5 Global Refrigerated Trailers Market Analysis, by Number of Axles
5.1 Overview
5.1.1 Global Refrigerated Trailers Market Value Share, by Number of Axles, 2017 & 2026 (Value, %)
5.1.2 Global Refrigerated Trailers Market Value, by Number of Axles, 2016 – 2026 (US$ Bn)
5.2 Single Axle
5.2.1 Global Single Axle Refrigerated Trailers Market, 2016 – 2026 (US$ Bn)
5.3 Multi-axle
5.3.1 Global Multi-axle Refrigerated Trailers Market, 2016 – 2026 (US$ Bn)
Chapter 6 Global Refrigerated Trailers Market Analysis, by End-user
6.1 Overview
6.1.1 Global Refrigerated Trailers Market Value Share, by End-user, 2017 & 2026 (Value, %)
6.1.2 Global Refrigerated Trailers Market Value, by End-user, 2016 – 2026 (US$ Bn)
6.2 Meat & Fish
6.2.1 Global Refrigerated Trailers Market for Meat & Fish, 2016 – 2026 (US$ Bn)
6.3 Fruits & Vegetables
6.3.1 Global Refrigerated Trailers Market for Fruits & Vegetables, 2016 – 2026 (US$ Bn)
6.4 Dairy Products
6.4.1 Global Refrigerated Trailers Market for Dairy Products, 2016 – 2026 (US$ Bn)
6.5 Medical & Healthcare
6.5.1 Global Refrigerated Trailers Market for Medical & Healthcare, 2016 – 2026 (US$ Bn)
6.6 Others
6.6.1 Global Refrigerated Trailers Market for Other End-users, 2016 – 2026 (US$ Bn)
Chapter 7 North America Refrigerated Trailers Market Analysis
7.1 Overview
7.1.1 North America Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
7.2 North America Refrigerated Trailers Market, by Functionality, 2016 – 2026 (US$ Bn)
7.2.1 Comparative Analysis
7.3 North America Refrigerated Trailers Market, by Number of Axle, 2016 – 2026 (US$ Bn)
7.3.1 Comparative Analysis
7.4 North America Refrigerated Trailers Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
7.4.1 Comparative Analysis
7.5 North America Refrigerated Trailers Market Analysis, by Country, 2016 – 2026 (US$ Bn)
7.5.1 U.S.
7.5.2 Rest of North America
Chapter 8 Europe Refrigerated Trailers Market Analysis
8.1 Overview
8.1.1 Europe Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
8.2 Europe Refrigerated Trailers Market, by Functionality, 2016 – 2026 (US$ Bn)
8.2.1 Comparative Analysis
8.3 Europe Refrigerated Trailers Market, by Number of Axle, 2016 – 2026 (US$ Bn)
8.3.1 Comparative Analysis
8.4 Europe Refrigerated Trailers Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
8.4.1 Comparative Analysis
8.5 Europe Refrigerated Trailers Market Analysis, by Country, 2016 – 2026 (US$ Bn)
8.5.1 U.K.
8.5.2 Germany
8.5.3 France
8.5.4 Rest of Europe
Chapter 9 Asia Pacific Refrigerated Trailers Market Analysis
9.1 Overview
9.1.1 Asia Pacific Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
9.2 Asia Pacific Refrigerated Trailers Market, by Functionality, 2016 – 2026 (US$ Bn)
9.2.1 Comparative Analysis
9.3 Asia Pacific Refrigerated Trailers Market, by Number of Axle, 2016 – 2026 (US$ Bn)
9.3.1 Comparative Analysis
9.4 Asia Pacific Refrigerated Trailers Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
9.4.1 Comparative Analysis
9.5 Asia Pacific Refrigerated Trailers Market Analysis, by Country, 2016 – 2026 (US$ Bn)
9.5.1 China
9.5.2 Japan
9.5.3 India
9.5.4 Rest of Asia Pacific
Chapter 10 Rest of the World (RoW) Refrigerated Trailers Market Analysis
10.1 Overview
10.1.1 RoW Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
10.2 RoW Refrigerated Trailers Market, by Functionality, 2016 – 2026 (US$ Bn)
10.2.1 Comparative Analysis
10.3 RoW Refrigerated Trailers Market, by Number of Axle, 2016 – 2026 (US$ Bn)
10.3.1 Comparative Analysis
10.4 RoW Refrigerated Trailers Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
10.4.1 Comparative Analysis
10.5 RoW Refrigerated Trailers Market Analysis, by Country, 2016 – 2026 (US$ Bn)
10.5.1 Middle East & Africa (MEA)
10.5.2 Latin America
Chapter 11 Company Profiles
11.1 Great Dane LLC
11.2 Fahrzeugwerk Bernard KRONE GmbH
11.3 Wabash National Commercial Trailer Product
11.4 Utility Trailer Manufacturing Company
11.5 Kogel Trailer GmbH & Co. KG
11.6 Schmitz Cargobull AG.
11.7 Montracon Ltd.
11.8 Lamberet Refrigerated SAS
11.9 Gray & Adams Ltd
11.10 Randon Implementos
FIG. 1 Global Refrigerated Trailers Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Refrigerated Trailers Market Segmentation
FIG. 4 Global Refrigerated Trailers Market, by Functionality, 2017 (US$ Bn)
FIG. 5 Global Refrigerated Trailers Market, by Number of Axles, 2017 (US$ Bn)
FIG. 6 Global Refrigerated Trailers Market, by End-user, 2017 (US$ Bn)
FIG. 7 Global Refrigerated Trailers Market, by Geography, 2017 (US$ Bn)
FIG. 8 Global Refrigerated Trailers Market Value and Growth, 2016 – 2026, (US$ Bn) (Y-o-Y %)
FIG. 9 See-Saw Analysis: Global Industrial Mezzanines Market
FIG. 10 Attractive Investment Proposition, by Geography, 2017
FIG. 11 Global Market Positioning of Key Refrigerated Trailers Companies, 2017
FIG. 12 Global Refrigerated Trailers Market Value Share, by Functionality, 2017 & 2026 (Value, %)
FIG. 13 Global Sub-zero Trailers Market, 2016 – 2026 (US$ Bn)
FIG. 14 Global Chiller Trailers Market, 2016 – 2026 (US$ Bn)
FIG. 15 Global Refrigerated Trailers Market Value Share, by Number of Axles, 2017 & 2026 (Value, %)
FIG. 16 Global Single Axle Refrigerated Trailers Market, 2016 – 2026 (US$ Bn)
FIG. 17 Global Multi-axle Refrigerated Trailers Market, 2016 – 2026 (US$ Bn)
FIG. 18 Global Refrigerated Trailers Market Value Share, by End-user, 2017 & 2026 (Value, %)
FIG. 19 Global Refrigerated Trailers Market for Meat & Fish, 2016 – 2026 (US$ Bn)
FIG. 20 Global Refrigerated Trailers Market for Fruits & Vegetables, 2016 – 2026 (US$ Bn)
FIG. 21 Global Refrigerated Trailers Market for Dairy Products, 2016 – 2026 (US$ Bn)
FIG. 22 Global Refrigerated Trailers Market for Medical & Healthcare, 2016 – 2026 (US$ Bn)
FIG. 23 Global Refrigerated Trailers Market for Other End-users, 2016 – 2026 (US$ Bn)
FIG. 24 North America Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
FIG. 25 U.S. Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
FIG. 26 Rest of North America Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
FIG. 27 Europe Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
FIG. 28 U.K. Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
FIG. 29 Germany Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
FIG. 30 France Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
FIG. 31 Rest of Europe Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
FIG. 32 Asia Pacific Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
FIG. 33 China Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
FIG. 34 Japan Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
FIG. 35 India Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
FIG. 36 Rest of Asia Pacific Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
FIG. 37 RoW Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
FIG. 38 Middle East & Africa (MEA) Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
FIG. 39 Latin America Refrigerated Trailers Market Value, 2016-2026, (US$ Bn)
TABLE 1 Market Snapshot: Global Refrigerated Trailers Market Value
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global Refrigerated Trailers Market, by Functionality, 2016 – 2026 (US$ Bn)
TABLE 5 Global Refrigerated Trailers Market, by Number of Axle, 2016 – 2026 (US$ Bn)
TABLE 6 Global Refrigerated Trailers Market, by End-user, 2016 – 2026 (US$ Bn)
TABLE 7 North America Refrigerated Trailers Market, by Functionality, 2016 – 2026 (US$ Bn)
TABLE 8 North America Refrigerated Trailers Market, by Number of Axle, 2016 – 2026 (US$ Bn)
TABLE 9 North America Refrigerated Trailers Market, by End-user, 2016 – 2026 (US$ Bn)
TABLE 10 Europe Refrigerated Trailers Market, by Functionality, 2016 – 2026 (US$ Bn)
TABLE 11 Europe Refrigerated Trailers Market, by Number of Axle, 2016 – 2026 (US$ Bn)
TABLE 12 Europe Refrigerated Trailers Market, by End-user, 2016 – 2026 (US$ Bn)
TABLE 13 Asia Pacific Refrigerated Trailers Market, by Functionality, 2016 – 2026 (US$ Bn)
TABLE 14 Asia Pacific Refrigerated Trailers Market, by Number of Axle, 2016 – 2026 (US$ Bn)
TABLE 15 Asia Pacific Refrigerated Trailers Market, by End-user, 2016 – 2026 (US$ Bn)
TABLE 16 RoW Refrigerated Trailers Market, by Functionality, 2016 – 2026 (US$ Bn)
TABLE 17 RoW Refrigerated Trailers Market, by Number of Axle, 2016 – 2026 (US$ Bn)
TABLE 18 RoW Refrigerated Trailers Market, by End-user, 2016 – 2026 (US$ Bn)
TABLE 19 Great Dane Trailers LLC: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 20 Fahrzeugwerk Bernard KRONE GmbH: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 21 Wabash National Commercial Trailer Product: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 22 Utility Trailer Manufacturing Company: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 23 Kogel Trailer GmbH & Co. KG: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 24 Schmitz Cargobull AG.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 25 Montracon Ltd.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 26 Lamberet Refrigerated SAS: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 27 Gray & Adams Ltd: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 28 Randon Implementos: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
