According to Renub Research's latest report, "Refrigerated Transport Market, Global Forecast 2023-2028, Industry Trends, Growth, Insight, Impact of Inflation, Company Analysis" Global Refrigerated Transport Market is estimated to reach US$ 25.88 Billion, at a CAGR of 6.37%, by 2028. The rapidly expanding industry of food and pharmaceuticals has led to very high demand for cold chain logistics service providers. In addition, an ever-increasing number of trends are making way for greater capacity for refrigeration in the supply chain, and the logistics industry is trying its best to keep pace and evolve to meet the new industry trends. With the rapidly changing scenario of better roads, connectivity, urbanization, and increasing consumer needs, the reefer route has picked up impressively.
Reefer is a generic term derived from 'refrigerated' and refers to products stored/transported in an enclosed refrigerated space, in temperature-controlled ambiance, be it on a truck, marine / intermo
