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Refrigerated Transportation Market in US 2024-2028

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    Report

  • 126 Pages
  • October 2024
  • Region: United States
  • TechNavio
  • ID: 5575557
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The refrigerated transportation market in us is forecasted to grow by USD 8.35 billion during 2023-2028, accelerating at a CAGR of 12.1% during the forecast period. The report on the refrigerated transportation market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing end-user segments, growing popularity of reefer tracking systems, and adoption of fuel-efficient practices by fleet owners.

The refrigerated transportation market in us is segmented as below:

By End-user

  • Food and beverage
  • Healthcare
  • Others

By Mode Of Transportation

  • Land
  • Waterways
  • Airways

By Geographical Landscape

  • North America
This study identifies the epa regulations and introduction of autonomous vehicles as one of the prime reasons driving the refrigerated transportation market in us growth during the next few years. Also, expansion of cold storage facilities and increasing awareness about food wastage will lead to sizable demand in the market.

The report on the refrigerated transportation market in us covers the following areas:

  • Refrigerated Transportation Market in US sizing
  • Refrigerated Transportation Market in US forecast
  • Refrigerated Transportation Market in US industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading refrigerated transportation market in us vendors that include AGRO Merchants Group, AIT Worldwide Logistics Inc., Alliance Shippers Inc., Americold Realty Trust Inc., Burris Logistics Co., Confederation Freezers, Deutsche Post AG, KLLM Transportation Services, Kloosterboer, Knight Swift Transportation Holdings Inc., Lineage Logistics Holdings LLC, MARTEN TRANSPORT LTD., Midwest Refrigerated Services Inc., NewCold Cooperatief UA, Orient Overseas Container Line Ltd., Penske Truck Leasing Co. L.P., Prime Inc., and RLS Logistics. Also, the refrigerated transportation market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Country Market Characteristics
  • Executive Summary - Chart on Market Segmentation by End-user
  • Executive Summary - Chart on Market Segmentation by Mode of Transportation
  • Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on US - Market size and forecast 2023-2028 ($ million)
  • Data Table on US - Market size and forecast 2023-2028 ($ million)
  • Chart on US: Year-over-year growth 2023-2028 (%)
  • Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Refrigerated Transportation Market in US 2018 - 2022
  • Historic Market Size - Data Table on Refrigerated Transportation Market in US 2018 - 2022 ($ million)
4.2 End-user segment analysis 2018 - 2022
  • Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Mode of Transportation segment analysis 2018 - 2022
  • Historic Market Size - Mode of Transportation Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user
6.1 Market segments
  • Chart on End-user - Market share 2023-2028 (%)
  • Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
  • Chart on Comparison by End-user
  • Data Table on Comparison by End-user
6.3 Food and beverage - Market size and forecast 2023-2028
  • Chart on Food and beverage - Market size and forecast 2023-2028 ($ million)
  • Data Table on Food and beverage - Market size and forecast 2023-2028 ($ million)
  • Chart on Food and beverage - Year-over-year growth 2023-2028 (%)
  • Data Table on Food and beverage - Year-over-year growth 2023-2028 (%)
6.4 Healthcare - Market size and forecast 2023-2028
  • Chart on Healthcare - Market size and forecast 2023-2028 ($ million)
  • Data Table on Healthcare - Market size and forecast 2023-2028 ($ million)
  • Chart on Healthcare - Year-over-year growth 2023-2028 (%)
  • Data Table on Healthcare - Year-over-year growth 2023-2028 (%)
6.5 Others - Market size and forecast 2023-2028
  • Chart on Others - Market size and forecast 2023-2028 ($ million)
  • Data Table on Others - Market size and forecast 2023-2028 ($ million)
  • Chart on Others - Year-over-year growth 2023-2028 (%)
  • Data Table on Others - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by End-user
  • Market opportunity by End-user ($ million)
  • Data Table on Market opportunity by End-user ($ million)
7 Market Segmentation by Mode of Transportation
7.1 Market segments
  • Chart on Mode of Transportation - Market share 2023-2028 (%)
  • Data Table on Mode of Transportation - Market share 2023-2028 (%)
7.2 Comparison by Mode of Transportation
  • Chart on Comparison by Mode of Transportation
  • Data Table on Comparison by Mode of Transportation
7.3 Land - Market size and forecast 2023-2028
  • Chart on Land - Market size and forecast 2023-2028 ($ million)
  • Data Table on Land - Market size and forecast 2023-2028 ($ million)
  • Chart on Land - Year-over-year growth 2023-2028 (%)
  • Data Table on Land - Year-over-year growth 2023-2028 (%)
7.4 Waterways - Market size and forecast 2023-2028
  • Chart on Waterways - Market size and forecast 2023-2028 ($ million)
  • Data Table on Waterways - Market size and forecast 2023-2028 ($ million)
  • Chart on Waterways - Year-over-year growth 2023-2028 (%)
  • Data Table on Waterways - Year-over-year growth 2023-2028 (%)
7.5 Airways - Market size and forecast 2023-2028
  • Chart on Airways - Market size and forecast 2023-2028 ($ million)
  • Data Table on Airways - Market size and forecast 2023-2028 ($ million)
  • Chart on Airways - Year-over-year growth 2023-2028 (%)
  • Data Table on Airways - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Mode of Transportation
  • Market opportunity by Mode of Transportation ($ million)
  • Data Table on Market opportunity by Mode of Transportation ($ million)
8 Customer Landscape
8.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
  • Overview on factors of disruption
10.4 Industry risks
  • Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
  • Companies covered
11.2 Market positioning of companies
  • Matrix on companies position and classification
11.3 AGRO Merchants Group
  • AGRO Merchants Group - Overview
  • AGRO Merchants Group - Product / Service
  • AGRO Merchants Group - Key offerings
11.4 Americold Realty Trust Inc.
  • Americold Realty Trust Inc. - Overview
  • Americold Realty Trust Inc. - Business segments
  • Americold Realty Trust Inc. - Key news
  • Americold Realty Trust Inc. - Key offerings
  • Americold Realty Trust Inc. - Segment focus
11.5 Burris Logistics Co.
  • Burris Logistics Co. - Overview
  • Burris Logistics Co. - Product / Service
  • Burris Logistics Co. - Key offerings
11.6 KLLM Transportation Services
  • KLLM Transportation Services - Overview
  • KLLM Transportation Services - Product / Service
  • KLLM Transportation Services - Key offerings
11.7 Knight Swift Transportation Holdings Inc.
  • Knight Swift Transportation Holdings Inc. - Overview
  • Knight Swift Transportation Holdings Inc. - Business segments
  • Knight Swift Transportation Holdings Inc. - Key offerings
  • Knight Swift Transportation Holdings Inc. - Segment focus
11.8 Lineage Logistics Holdings LLC
  • Lineage Logistics Holdings LLC - Overview
  • Lineage Logistics Holdings LLC - Product / Service
  • Lineage Logistics Holdings LLC - Key offerings
11.9 MARTEN TRANSPORT LTD.
  • MARTEN TRANSPORT LTD. - Overview
  • MARTEN TRANSPORT LTD. - Business segments
  • MARTEN TRANSPORT LTD. - Key offerings
  • MARTEN TRANSPORT LTD. - Segment focus
11.10 Penske Truck Leasing Co. L.P.
  • Penske Truck Leasing Co. L.P. - Overview
  • Penske Truck Leasing Co. L.P. - Product / Service
  • Penske Truck Leasing Co. L.P. - Key offerings
11.11 Prime Inc.
  • Prime Inc. - Overview
  • Prime Inc. - Product / Service
  • Prime Inc. - Key offerings
11.12 RLS Logistics
  • RLS Logistics - Overview
  • RLS Logistics - Product / Service
  • RLS Logistics - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
12.3 Currency conversion rates for US$
  • Currency conversion rates for US$
12.4 Research methodology
  • Research methodology
12.5 Data procurement
  • Information sources
12.6 Data validation
  • Data validation
12.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
12.8 Data synthesis
  • Data synthesis
12.9 360 degree market analysis
  • 360 degree market analysis
12.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 5: Executive Summary - Chart on Market Segmentation by Mode of Transportation
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 14: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 15: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Refrigerated Transportation Market in US 2018 - 2022 ($ million)
Exhibits 18: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - Mode of Transportation Segment 2018 - 2022 ($ million)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on End-user - Market share 2023-2028 (%)
Exhibits 28: Data Table on End-user - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by End-user
Exhibits 30: Data Table on Comparison by End-user
Exhibits 31: Chart on Food and beverage - Market size and forecast 2023-2028 ($ million)
Exhibits 32: Data Table on Food and beverage - Market size and forecast 2023-2028 ($ million)
Exhibits 33: Chart on Food and beverage - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Food and beverage - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Healthcare - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Healthcare - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Healthcare - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Healthcare - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 43: Market opportunity by End-user ($ million)
Exhibits 44: Data Table on Market opportunity by End-user ($ million)
Exhibits 45: Chart on Mode of Transportation - Market share 2023-2028 (%)
Exhibits 46: Data Table on Mode of Transportation - Market share 2023-2028 (%)
Exhibits 47: Chart on Comparison by Mode of Transportation
Exhibits 48: Data Table on Comparison by Mode of Transportation
Exhibits 49: Chart on Land - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on Land - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on Land - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Land - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Waterways - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Waterways - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Waterways - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Waterways - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on Airways - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on Airways - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on Airways - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on Airways - Year-over-year growth 2023-2028 (%)
Exhibits 61: Market opportunity by Mode of Transportation ($ million)
Exhibits 62: Data Table on Market opportunity by Mode of Transportation ($ million)
Exhibits 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 64: Impact of drivers and challenges in 2023 and 2028
Exhibits 65: Overview on criticality of inputs and factors of differentiation
Exhibits 66: Overview on factors of disruption
Exhibits 67: Impact of key risks on business
Exhibits 68: Companies covered
Exhibits 69: Matrix on companies position and classification
Exhibits 70: AGRO Merchants Group - Overview
Exhibits 71: AGRO Merchants Group - Product / Service
Exhibits 72: AGRO Merchants Group - Key offerings
Exhibits 73: Americold Realty Trust Inc. - Overview
Exhibits 74: Americold Realty Trust Inc. - Business segments
Exhibits 75: Americold Realty Trust Inc. - Key news
Exhibits 76: Americold Realty Trust Inc. - Key offerings
Exhibits 77: Americold Realty Trust Inc. - Segment focus
Exhibits 78: Burris Logistics Co. - Overview
Exhibits 79: Burris Logistics Co. - Product / Service
Exhibits 80: Burris Logistics Co. - Key offerings
Exhibits 81: KLLM Transportation Services - Overview
Exhibits 82: KLLM Transportation Services - Product / Service
Exhibits 83: KLLM Transportation Services - Key offerings
Exhibits 84: Knight Swift Transportation Holdings Inc. - Overview
Exhibits 85: Knight Swift Transportation Holdings Inc. - Business segments
Exhibits 86: Knight Swift Transportation Holdings Inc. - Key offerings
Exhibits 87: Knight Swift Transportation Holdings Inc. - Segment focus
Exhibits 88: Lineage Logistics Holdings LLC - Overview
Exhibits 89: Lineage Logistics Holdings LLC - Product / Service
Exhibits 90: Lineage Logistics Holdings LLC - Key offerings
Exhibits 91: MARTEN TRANSPORT LTD. - Overview
Exhibits 92: MARTEN TRANSPORT LTD. - Business segments
Exhibits 93: MARTEN TRANSPORT LTD. - Key offerings
Exhibits 94: MARTEN TRANSPORT LTD. - Segment focus
Exhibits 95: Penske Truck Leasing Co. L.P. - Overview
Exhibits 96: Penske Truck Leasing Co. L.P. - Product / Service
Exhibits 97: Penske Truck Leasing Co. L.P. - Key offerings
Exhibits 98: Prime Inc. - Overview
Exhibits 99: Prime Inc. - Product / Service
Exhibits 100: Prime Inc. - Key offerings
Exhibits 101: RLS Logistics - Overview
Exhibits 102: RLS Logistics - Product / Service
Exhibits 103: RLS Logistics - Key offerings
Exhibits 104: Inclusions checklist
Exhibits 105: Exclusions checklist
Exhibits 106: Currency conversion rates for US$
Exhibits 107: Research methodology
Exhibits 108: Information sources
Exhibits 109: Data validation
Exhibits 110: Validation techniques employed for market sizing
Exhibits 111: Data synthesis
Exhibits 112: 360 degree market analysis
Exhibits 113: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the refrigerated transportation market in us: AGRO Merchants Group, AIT Worldwide Logistics Inc., Alliance Shippers Inc., Americold Realty Trust Inc., Burris Logistics Co., Confederation Freezers, Deutsche Post AG, KLLM Transportation Services, Kloosterboer, Knight Swift Transportation Holdings Inc., Lineage Logistics Holdings LLC, MARTEN TRANSPORT LTD., Midwest Refrigerated Services Inc., NewCold Cooperatief UA, Orient Overseas Container Line Ltd., Penske Truck Leasing Co. L.P., Prime Inc., and RLS Logistics.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is epa regulations and introduction of autonomous vehicles."

According to the report, one of the major drivers for this market is the growing end-user segments.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AGRO Merchants Group
  • AIT Worldwide Logistics Inc.
  • Alliance Shippers Inc.
  • Americold Realty Trust Inc.
  • Burris Logistics Co.
  • Confederation Freezers
  • Deutsche Post AG
  • KLLM Transportation Services
  • Kloosterboer
  • Knight Swift Transportation Holdings Inc.
  • Lineage Logistics Holdings LLC
  • MARTEN TRANSPORT LTD.
  • Midwest Refrigerated Services Inc.
  • NewCold Cooperatief UA
  • Orient Overseas Container Line Ltd.
  • Penske Truck Leasing Co. L.P.
  • Prime Inc.
  • RLS Logistics