Refrigerated Sea Transport Containers Market Research Report: Insights for Business Success
The Refrigerated Sea Transport Containers Market size is projected to reach US$ 8.7 billion by 2031 from US$ 6.0 billion in 2023. The market is expected to register a CAGR of 4.7% in 2023–2031. As the demand for food and beverages is growing rapidly, thus, the demand for such containers is increasing significantly. Further, these containers are installed with various sensors and small devices that help in monitoring critical factors such as temperature and humidity, among others.
The demand for refrigerated sea transport containers is growing due to cost cost-effective nature of sea transportation. Some of the benefits of marine transportation are bulk transportation capacity, safety, and security. Approximately more than 80% of the global trade is carried out by the marine transportation sector. Thus, such increased adoption of marine transportation is one of the factors behind the market growth of refrigerated sea transport containers. In recent years, the prices of such containers have increased notably, which is projected to affect refrigerated sea transport containers.
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Top Key Major Players:-
- CMA CGMNYK Line
- China Shipping Container Lines
- Kling Group
- ZIM Integrated
- Orient Overseas Container Line
- South American Vapor Company (CSAV)
- Hanjin Shipping Co., Ltd
- Mitsui O.S.K. Lines, Ltd
- Evergreen Marine Corp
- China International Marine Containers (Group) Co. Ltd
