Refrigerated Trailers Market by Functionality (Sub-zero Trailer, Chiller Trailer), By Number Of Axles (Single Axle, Multi-Axle), By End-User (Meat & Fish, Fruits & Vegetables, Dairy Products, Medical & Healthcare, Others) – Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Industry Outlook

Fast-paced lifestyles and rising demand for ready-to-eat and frozen food products propelled the refrigerated trailer market to a market value of US$ 5.97 billion in 2017, with a compound annual growth rate of 4.7% expected to reach US$ 8.99 billion by 2026. Aside from the aforementioned dynamics, the rising demand for refrigerated trailers was fueled by a variety of other factors. Stringent government regulatory guidelines for food safety and waste, as well as the use of refrigerated trailers in the medical and healthcare sectors, steered the market in the right direction. With few alternatives, many end-users must rely on refrigerated trailers to transport items that require refrigeration during transportation.No doubt; the market is expected to register a 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 products. This certainly helped chiller trailers to bud, as these are extensively used to transport foodstuffs requiring temperatures above 0 °C. Fruits, vegetables, dairy products, confectionaries, and pharmaceuticals rely on chiller trailers for transportation without compromising their quality for consumption. Sub-zero trailers are generally used to transport meat, fish, and frozen foodstuffs. Although the consumption rate of meat and fish is higher compared to individual end users, the combined demand from all end users helped chiller trailers hold a major share over sub-zero trailers in the overall refrigerated trailer market.

Meat and fish command an upper hand over greens and fruits to lead the market.

The astonishing demand and consumption of meat and fish testify to the dominance of the segment in the overall refrigerated trailer market in 2017. With countries such as the U.S., Kuwait, Australia, and New Zealand, among others, having specific meat consumption of over 100 kg 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 the most advanced and latest refrigerated trailers for transportation. Fruits, vegetables, and dairy products trail the meat and fish segment, but not by a great margin. Flourishing hospitality sectors stimulated demand for exotic fruits, vegetables, and dairy products. Both end-users constitute a major share individually in the overall market for refrigerated trailers. Aside from edibles, the medical and healthcare sectors are experimenting with the power of refrigerated trailers, making it one of the more profitable segments to watch in terms of market value and growth. The Others segment consists of flowers, baked goods and confectionaries, and beverages, among others, and is projected to show consistent growth throughout the forecast period from 2018 to 2026.

North America and Europe account for more than 50% of the total market for refrigerator trailers.

Heavy consumption of meat, fish, and dairy products coupled with rigorous food safety and waste guidelines guided Europe and North America to the top of the market podium. The combined market value of both regions constitutes more than 50% of the total market share. The dominance of Europe is projected to continue throughout the forecast period, with North America trailing closely. Climate conditions, low-yielding developed countries, and expanding tourism and hospitality sectors are just a few of the factors driving the market growth. Some of the world’s fastest-growing economies, such as China and India, are found in the Asia Pacific. With economic development, demand for cold chain supply is also witnessing significant growth in these countries. As a result, the region is expected to grow faster than North America and Europe over the next few years.

Market Segmentation

Refrigerated trailer companies need to keep up with dynamic advancements to stay competitive.

Government regulations 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 upgradation. Designing energy-efficient insulated cabins and making arrangements such as anti-microbial transportation systems are expected to help manufacturers to some extent. However, price wars with local manufacturers and a lack of brand awareness in developing nations are major hindrances 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

• What are the latest trends in the refrigerated trailer market and potential opportunities for the players?
• How will government regulation and strategies for food safety and wastage affect the global as well as a regional market for refrigerated trailers?
• Which are the largest and fastest growing segments in terms of trailer type, number of axles, and end-user?
• Which is the most attractive geographical region or country for the overall refrigerated trailer market?
• How will evolving HVAC technology play a vital role in the overall refrigerated trailer market in the coming years?
• What are the market size and trends in developing regions such as Asia Pacific, Middle East & Africa, and Latin America?

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 RT Market
2.2 Global RT Market, by Functionality
2.3 Global RT Market, by Number of Axles
2.4 Global RT Market, by End-user
2.5 Global RT Market, by Geography

Chapter 3 Market Dynamics
3.1 Global RT 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 (RT) Market Analysis, by Functionality
4.1 Overview
4.1.1 Global RT Market Value Share, by Functionality, 2017 & 2026 (Value, %)
4.1.2 Global RT 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 (RT) Market Analysis, by Number of Axles
5.1 Overview
5.1.1 Global RT Market Value Share, by Number of Axles, 2017 & 2026 (Value, %)
5.1.2 Global RT Market Value, by Number of Axles, 2016 – 2026 (US$ Bn)
5.2 Single Axle
5.2.1 Global Single Axle RT Market, 2016 – 2026 (US$ Bn)
5.3 Multi-axle
5.3.1 Global Multi-axle RT Market, 2016 – 2026 (US$ Bn)

Chapter 6 Global Refrigerated Trailers (RT) Market Analysis, by End-user
6.1 Overview
6.1.1 Global RT Market Value Share, by End-user, 2017 & 2026 (Value, %)
6.1.2 Global RT Market Value, by End-user, 2016 – 2026 (US$ Bn)
6.2 Meat & Fish
6.2.1 Global RT Market for Meat & Fish, 2016 – 2026 (US$ Bn)
6.3 Fruits & Vegetables
6.3.1 Global RT Market for Fruits & Vegetables, 2016 – 2026 (US$ Bn)
6.4 Dairy Products
6.4.1 Global RT Market for Dairy Products, 2016 – 2026 (US$ Bn)
6.5 Medical & Healthcare
6.5.1 Global RT Market for Medical & Healthcare, 2016 – 2026 (US$ Bn)
6.6 Others
6.6.1 Global RT Market for Other End-users, 2016 – 2026 (US$ Bn)

Chapter 7 North America Refrigerated Trailers (RT) Market Analysis
7.1 Overview
7.1.1 North America RT Market Value, 2016-2026, (US$ Bn)
7.2 North America RT Market, by Functionality, 2016 – 2026 (US$ Bn)
7.2.1 Comparative Analysis
7.3 North America RT Market, by Number of Axle, 2016 – 2026 (US$ Bn)
7.3.1 Comparative Analysis
7.4 North America RT Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
7.4.1 Comparative Analysis
7.5 North America RT 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 (RT) Market Analysis
8.1 Overview
8.1.1 Europe RT Market Value, 2016-2026, (US$ Bn)
8.2 Europe RT Market, by Functionality, 2016 – 2026 (US$ Bn)
8.2.1 Comparative Analysis
8.3 Europe RT Market, by Number of Axle, 2016 – 2026 (US$ Bn)
8.3.1 Comparative Analysis
8.4 Europe RT Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
8.4.1 Comparative Analysis
8.5 Europe RT 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 (RT) Market Analysis
9.1 Overview
9.1.1 Asia Pacific RT Market Value, 2016-2026, (US$ Bn)
9.2 Asia Pacific RT Market, by Functionality, 2016 – 2026 (US$ Bn)
9.2.1 Comparative Analysis
9.3 Asia Pacific RT Market, by Number of Axle, 2016 – 2026 (US$ Bn)
9.3.1 Comparative Analysis
9.4 Asia Pacific RT Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
9.4.1 Comparative Analysis
9.5 Asia Pacific RT 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 (RT) Market Analysis
10.1 Overview
10.1.1 RoW RT Market Value, 2016-2026, (US$ Bn)
10.2 RoW RT Market, by Functionality, 2016 – 2026 (US$ Bn)
10.2.1 Comparative Analysis
10.3 RoW RT Market, by Number of Axle, 2016 – 2026 (US$ Bn)
10.3.1 Comparative Analysis
10.4 RoW RT Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
10.4.1 Comparative Analysis
10.5 RoW RT 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

List of Figures

FIG. 1 Global Refrigerated Trailers (RT) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global RT Market Segmentation
FIG. 4 Global RT Market, by Functionality, 2017 (US$ Bn)
FIG. 5 Global RT Market, by Number of Axles, 2017 (US$ Bn)
FIG. 6 Global RT Market, by End-user, 2017 (US$ Bn)
FIG. 7 Global RT Market, by Geography, 2017 (US$ Bn)
FIG. 8 Global RT 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 RT 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 RT Market Value Share, by Number of Axles, 2017 & 2026 (Value, %)
FIG. 16 Global Single Axle RT Market, 2016 – 2026 (US$ Bn)
FIG. 17 Global Multi-axle RT Market, 2016 – 2026 (US$ Bn)
FIG. 18 Global RT Market Value Share, by End-user, 2017 & 2026 (Value, %)
FIG. 19 Global RT Market for Meat & Fish, 2016 – 2026 (US$ Bn)
FIG. 20 Global RT Market for Fruits & Vegetables, 2016 – 2026 (US$ Bn)
FIG. 21 Global RT Market for Dairy Products, 2016 – 2026 (US$ Bn)
FIG. 22 Global RT Market for Medical & Healthcare, 2016 – 2026 (US$ Bn)
FIG. 23 Global RT Market for Other End-users, 2016 – 2026 (US$ Bn)
FIG. 24 North America RT Market Value, 2016-2026, (US$ Bn)
FIG. 25 U.S. RT Market Value, 2016-2026, (US$ Bn)
FIG. 26 Rest of North America RT Market Value, 2016-2026, (US$ Bn)
FIG. 27 Europe RT Market Value, 2016-2026, (US$ Bn)
FIG. 28 U.K. RT Market Value, 2016-2026, (US$ Bn)
FIG. 29 Germany RT Market Value, 2016-2026, (US$ Bn)
FIG. 30 France RT Market Value, 2016-2026, (US$ Bn)
FIG. 31 Rest of Europe RT Market Value, 2016-2026, (US$ Bn)
FIG. 32 Asia Pacific RT Market Value, 2016-2026, (US$ Bn)
FIG. 33 China RT Market Value, 2016-2026, (US$ Bn)
FIG. 34 Japan RT Market Value, 2016-2026, (US$ Bn)
FIG. 35 India RT Market Value, 2016-2026, (US$ Bn)
FIG. 36 Rest of Asia Pacific RT Market Value, 2016-2026, (US$ Bn)
FIG. 37 RoW RT Market Value, 2016-2026, (US$ Bn)
FIG. 38 Middle East & Africa (MEA) RT Market Value, 2016-2026, (US$ Bn)
FIG. 39 Latin America RT Market Value, 2016-2026, (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Refrigerated Trailers (RT) Market Value
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global RT Market, by Functionality, 2016 – 2026 (US$ Bn)
TABLE 5 Global RT Market, by Number of Axle, 2016 – 2026 (US$ Bn)
TABLE 6 Global RT Market, by End-user, 2016 – 2026 (US$ Bn)
TABLE 7 North America RT Market, by Functionality, 2016 – 2026 (US$ Bn)
TABLE 8 North America RT Market, by Number of Axle, 2016 – 2026 (US$ Bn)
TABLE 9 North America RT Market, by End-user, 2016 – 2026 (US$ Bn)
TABLE 10 Europe RT Market, by Functionality, 2016 – 2026 (US$ Bn)
TABLE 11 Europe RT Market, by Number of Axle, 2016 – 2026 (US$ Bn)
TABLE 12 Europe RT Market, by End-user, 2016 – 2026 (US$ Bn)
TABLE 13 Asia Pacific RT Market, by Functionality, 2016 – 2026 (US$ Bn)
TABLE 14 Asia Pacific RT Market, by Number of Axle, 2016 – 2026 (US$ Bn)
TABLE 15 Asia Pacific RT Market, by End-user, 2016 – 2026 (US$ Bn)
TABLE 16 RoW RT Market, by Functionality, 2016 – 2026 (US$ Bn)
TABLE 17 RoW RT Market, by Number of Axle, 2016 – 2026 (US$ Bn)
TABLE 18 RoW RT 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)