Refrigerated Goods Trucking Market Report 2026

The refrigerated goods trucking market size has grown strongly in recent years. It will grow from $77.58 billion in 2025 to $84.11 billion in 2026 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to expansion of perishable food distribution networks, growth in pharmaceutical logistics demand, increasing urban cold storage requirements, rising consumption of frozen and chilled foods, development of refrigerated transport infrastructure.

The refrigerated goods trucking market size is expected to see strong growth in the next few years. It will grow to $118.81 billion in 2030 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to increasing investments in cold chain modernization, rising focus on emission reduction in trucking fleets, expansion of vaccine and biologics transport, growing demand for real-time temperature visibility, increasing adoption of electric refrigerated vehicles. Major trends in the forecast period include increasing adoption of multi-temperature refrigerated fleets, rising integration of iot-based temperature monitoring, growing demand for pharmaceutical cold chain transport, expansion of energy-efficient refrigeration systems, enhanced focus on food safety compliance.

The growing demand for perishable foods, including ready-to-eat items, milk and dairy products, and fruits and vegetables, is anticipated to contribute to the growth of the refrigerated goods trucking market. The rising demand for frozen food items is prompting suppliers to enhance their refrigerated units with multi-temperature systems, computer controls, and thermal liners to maintain the required temperatures. For instance, in April 2024, the National Association of Convenience Stores (NACS), a US-based trade association, reported that total industry foodservice sales constituted 26.9% of in-store sales in 2023, up from 25.6% in 2022. Additionally, prepared food sales increased by 12.2% per store per month, making it the leading in-store category. Therefore, the increasing demand for refrigerated food products is expected to drive growth in the refrigerated goods trucking market during the forecast period.

Major companies in the refrigerated goods trucking market are actively investing in new solutions such as cloud computing and IoT technologies, which enable real-time tracking to enhance accountability, visibility, and performance in refrigerated storage and transport. Real-time tracking refers to the ability to monitor the location and movement of people, vehicles, or assets using GPS or other tracking technologies. For example, in June 2024, GreenPower Motor Company, a Canada-based manufacturer of electric medium- and heavy-duty vehicles, launched the EV Star ReeferX, an all-electric refrigerated medium-duty delivery truck. Built on the EV Star Cab & Chassis platform, the ReeferX features a lighter body for increased payload capacity and is fully customizable. It is designed for mid- to last-mile refrigerated deliveries, targeting industries such as fresh and frozen foods, flowers, and pharmaceuticals.

In June 2023, Dupré Logistics, a Louisiana-based privately held transportation company, acquired Interstate Transport for an undisclosed amount. This acquisition aligns with Dupré's strategy to expand its operations on the East Coast and enhance its carrier network, particularly within the refrigerated goods trucking sector, while improving its service offerings in Florida. Interstate Transport, a US-based company, specializes in temperature-controlled food and beverage logistics, thereby strengthening Dupré’s capabilities in this vital area.

Major companies operating in the refrigerated goods trucking market are Prime Inc., Stevens Transport, Knight-Swift Transportation Holdings Inc., C.R. England, Marten Transport Ltd., China International Marine Containers, Great Dane, Schmitz Cargobull AG, Shaffer Trucking, KLLM Transport Services, Deutsche Post DHL, Nippon Express, Yamato Transport Co. Ltd (Japan), Yusen Logistics & TASCO, Sinchai Cold Storage, Tiong Nam Logistics, Jentec Storage Inc, Kogel Trailer GmbH & Co, SNCF Deodis, GERCO S.A, STEF, HSF Logistics, Algarverpania Refrigeration, Krone, Gibon Logistics, CEE Logistics, GEFCO, Kuehne-Nagel, Hyundai Translead Inc., Wabash National, JSL S. A, Transportes Bertolini Ltda, Braspress Logistics, DHL Global Forwarding, CEVA logistics, ATS Dubai, Mashaweer, ADSO, HST Logistics LLC, Carrier Global Corporation, Daikin Industries Ltd., Denso Corporation, Klinge Corporation, Mitsubishi Heavy Industries Ltd., Subros Limited, Songz Automobile Air Conditioning Co. Ltd., Thermo King (Trane Technologies), Webasto Thermo & Comfort.

North America was the largest region in the refrigerated goods trucking market in 2025. Western Europe was the second largest region in the global refrigerated goods trucking market share. The regions covered in the refrigerated goods trucking market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the refrigerated goods trucking market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The refrigerated goods trucking market includes revenue generated by entities that provide transportation services for products that must be kept at a specific temperature in order to maintain product shelf life and reduce the possibility of degradation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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