Reefer Container Market: Container Size (20 Feet, 40 Feet, More than 40 Feet), Transportation Mode (Seaways, Roadways, Railways), Application (Fruits and Vegetables, Meat Products, Dairy Products, Vaccines and Biologicals, Pharmaceuticals, Chemicals, Others) and Geography    

Reefer Container Market size was valued at USD 2,941.6 million in 2021 and is expected to grow at a prominent growth rate during the forecast period 2022 to 2028. The report provides a detailed overview of the global reefer container market, and that can be segmented by Container Size, by Transportation Mode, by Application. By container size, the global reefer container market has been segmented into 20 Feet, 40 Feet, More than 40 Feet. The 20 feet Reefer container segment is likely to be the largest and fastest-growing segment in terms of container size. Based on transportation mode, the global reefer container market is segmented into Seaways, Roadways, Railways. Among these, the seaways segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on application, the global reefer container market is segmented into Fruits and Vegetables, Meat Products, Dairy Products, Vaccines and Biologicals, Pharmaceuticals, Chemicals, Others. The Fruits and Vegetables segment accounts for the largest share in 2021. Meat Products segment is the second-largest share during the forecast period 2022-2028.

Key Developments:

In Dec 2020, SeaCube Containers LLC purchased 200 Carrier Pods tracked by Sensitech Inc. In order to meet the projected rise in demand for refrigerated storage capacity and cargo visibility in support of the COVID-19 vaccine distribution operations. In February 2020, Performance Team LLC was acquired by A.P. Moller - Maersk A/S. This will improve the old company's capacities as an integrated container logistics provider of full supply chain solutions.