Global Refrigerated Sea Transport Containers Market Revenue is estimated to be US$ 2.13 Billion in 2015 and is expected to reach US$ 3.25 Billion by 2020

by Sameer Joshi or 04-Nov-2016

The “Refrigerated Sea Transport Containers Market to 2025 – Global Analysis and Forecasts by type (Containerized Reefers and Specialized Reefers) and Segments (Pharmaceuticals, Fresh Produce, Meat, Sea Food and Others)”  report offers a detailed overview of the major factors impacting the Global Refrigerated Sea Transport Containers market with the market share analysis and revenues of various sub segments.

Maritime trade is backbone of international trading, this trade adds largest value in most of the nation’s GDP. Maritime trade contributes to around 80% by volume and 70% by value globally, the contribution is observed to be much higher in case of developing countries. 2015 was one of the milestones for sustainable development, this has led the scope of privatization with respect to port infrastructure and increased governmental support to advance facilities and develop new fleets and containers.

Growing demand for fresh food and other commodities across the different parts of the globe has set new dimension for cost effective and efficient transportation from one port to another in shorter period of time. Manufacturers have been steadily investing in improvising container infrastructure to meet the demands and requirements of the trade. Specialized reefers have been losing on their market share to containerized reefers due to increasing advancements in containerized reefers facilities. Reefer environments vary with respect certain commodities such as fresh vegetables, fruits, meat and others this is due to attributes of the commodities and the total travel distance.

Global Refrigerated Sea Transport Containers Market is broadly classified by type such as containerized reefers and specialized reefers. Further the market has been bifurcated by segments of commodities such as pharmaceuticals, sea food, fresh food, meat and others. The market has been assessed in various geographies such as South America, APAC, Middle East & Africa, North America and Europe.

The demand for containerized reefers is expected to increase over a period of time at a cost of specialized reefers. This trend is expected to revolutionize the sea transportation business and cost associated with transportation to a greater extent. However specialized reefer will still sustain in the market due to demands from various commodities which need sophisticated infrastructure to be transported through ocean routes such as pharmaceuticals, wines & beverages, flowers and dairy products.

Some of the key companies covered in the report include ZIM Integrated Shipping Services Ltd., Hapag Llyod, K-Line, NYK Line, Kling Corporation, China Shipping Containers Line Co. Ltd, CMS CGM S.A., Hanjin Shipping Co., Ltd and others.
The report classifies the Global Refrigerated Sea Transport Containers market as follows:

Global Refrigerated Sea Transport Containers Market – By Types

Containerized Reefers
Specialized Reefers

Global Refrigerated Sea Transport Containers Market – By Segments

Sea Food
Fresh Produce

Global Refrigerated Sea Transport Containers Market – By Geography

North America

Rest of Europe

Asia Pacific (APAC)
Sri Lanka
Rest of APAC

Middle East & Africa (MEA)
Saudi Arabia
South Africa
Rest of MEA

South America (SAM)
Rest of SAM