Top 50 Companies in Refrigerated Trucking Market: Statistics Report Till 2035
RELEASE DATE: Aug 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Refrigerated Trucking Market Size is projected to Grow from USD 3.95 Billion in 2024 to USD 8.30 Billion by 2035, at a CAGR of 6.98% during the forecast period 2025–2035. The market for refrigerated trucking is growing demand for perishable items due to government initiatives, and technological improvements, especially in the food and pharmaceutical industries. This increase is further fuelled by expanding e-commerce, particularly for groceries, and a growing consumer desire for processed and fresh goods.
Introduction
Refrigerated trucks, sometimes referred to as reefer trucks or refrigerated trucks, are specially made vehicles that have refrigeration systems installed in order to transport perishable goods at regulated temperatures. Producing fresh fruit, frozen foods, medications, and other temperature-sensitive commodities, these vehicles work mostly in the cold chain logistics sector. They guarantee that goods and other materials are carried safely, which is anticipated to propel the market for refrigerated trucks. Air-conditioned cargo systems and a refrigerant that regulates the internal temperature are common features of refrigerated vehicles. To maintain desired temperatures, the cooling system can employ a number of technologies, such as vapor-compression or absorption systems. In order to maintain quality control and propel the refrigeration truck market, certain sophisticated refrigerated vehicles additionally offer features like high-temperature zones, telematics, real-time temperature monitoring systems, and temperature recording devices. For example United States Refrigerated Trucking Market is increasing day by day.
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Refrigerated Trucking Market Size & Statistics
The Market Size for Refrigerated Trucking Was Estimated to be worth USD 3.95 Billion in 2024.
The Market Size is Going to Expand at a CAGR of 6.98% between 2025 and 2035.
The Global Refrigerated Trucking Market Size is anticipated to reach USD 8.30 Billion by 2035.
The U.S. Refrigerated Trucking Market is growing at a CAGR of 4.5% from 2023 to 2033
The U.S. Refrigerated Trucking Market Size is expected to reach USD 15.60 Billion by 2033
North America is expected to generate the highest demand during the forecast period in the Refrigerated Trucking Market
Asia Pacific is expected to grow the fastest during the forecast period in the Refrigerated Trucking Market.
Regional growth and demand
Asia Pacific is expected to grow the fastest during the forecast period in the refrigerated trucking market. The expanding economies of the region, including China and India, are to blame for this. It is anticipated that China, the biggest food exporter in the world, will help the Asia-Pacific refrigerated transport industry expand. Additional factors that are anticipated to have a major impact on the market's growth in Asia-Pacific include increased government expenditure in Asian nations to expand the logistics and transportation sectors, an increase in the number of people in the region who consume frozen foods, and an increase in disposable income. Enhanced e-commerce adoption in the Asia-Pacific food industry will help the market for refrigerated transportation. Additionally, in the Asia-Pacific area, the Indian market was growing at the fastest rate, while China's market share was the largest for refrigerator trucks.
North America is expected to generate the highest demand during the forecast period in the refrigerated trucking market. As the demand for fresh vegetables, frozen foods, and snacks increases, the regional refrigerated truck industry is flourishing. These include the need for simplicity, the expansion of e-commerce, shifting lifestyles, and rising income levels. In addition, the Canadian market grew at the highest rate in North America, while the US market held the largest market share for refrigerated trucks.
Top 10 Trends in the Refrigerated Trucking Market
- Rising Demand for Frozen and Processed Foods
- Expansion of Pharmaceutical Cold Chain Logistics
- Growth in Cross-Border Trade of Perishable Goods
- Adoption of Advanced Refrigeration Technologies
- Integration of Telematics and IoT in Reefer Trucks
- Increasing Demand for Electric and Hybrid Refrigerated Trucks
- Emphasis on Fuel Efficiency and Sustainability
- Growing E-Commerce and Online Grocery Delivery
- Development of Multi-Temperature Compartment Trucks
- Investment in Infrastructure for Cold Chain Logistics
1. Rising Demand for Frozen and Processed Foods
There is a growing demand for refrigerated trucks due to the rising consumption of dairy, processed goods, and frozen meals worldwide. Long-distance transportation using these trucks guarantees product quality and freshness, especially in crowded and hectic areas.
2. Expansion of Pharmaceutical Cold Chain Logistics
Temperature-controlled transportation of vaccines, biologics, and delicate medications is essential to the pharmaceutical sector. The expansion of healthcare delivery worldwide and the increasing need for vaccines are bolstering this market.
3. Adoption of Advanced Refrigeration Technologies
Cryogenic systems, solar-powered devices, and intelligent temperature monitoring are examples of innovations that are being used. In the transportation of perishable goods, these developments help lower energy consumption, increase efficiency, and lower the risk of spoiling.
4. Integration of Telematics and IoT in Reefer Trucks
Real-time location, temperature, and humidity tracking is being done with IoT and telematics systems. Reliability is increased, losses are decreased, and adherence to food and medication safety regulations is guaranteed throughout international supply chains.
5. Increasing Demand for Electric and Hybrid Refrigerated Trucks
Manufacturers are creating electric and hybrid refrigerated trucks in response to tighter pollution rules. These cars are becoming popular in North America and Europe and have sustainability benefits.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the refrigerated trucking market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 10 Companies Leading the Refrigerated Trucking Market
- Kögel Trailer GmbH & Co.KG
- Hyundai Translead. Inc.
- Wabash National
- Fahrzeugwert Bernard Krone Gmbh & Co.KG
- China International Marine Containers (Group) Ltd.
- GRW Tankers and Trailers
- Lamberet SAS
- Great Dane LLC
- Chereau
- Schmitz Cargobull AG
- Others
1. Kogel Trailer Gmbh & Co,KG
Headquarters: Germany
With its headquarters located in Burtenbach, Kögel is a reputable German manufacturer of commercial vehicle trailers, particularly refrigerated semi-trailers. Renowned for its inventive trailer designs, such as Euro trailers with increased lengths, it keeps improving its production capacity. Additionally, Kögel recently constructed a cutting-edge refrigerated vehicle panel production facility, demonstrating its dedication to cold logistics equipment.
2. Hyundai Translead, Inc.
Headquarters: U.S.
Hyundai Translead, a well-known manufacturer of dry and refrigerated trailers, is headquartered in the US. The business is well-known throughout North America for its superior reefer designs and distribution. Supported by strong dealership networks and manufacturing facilities, Hyundai Trans lead keeps up with the growing demands of cold-chain logistics.
3. Wabash National
Headquarters: U.S.
One of the leading producers of semi-trailers and refrigerated trailer solutions for cargo that is sensitive to temperature in the United States is Wabash National. Supported by significant servicing capabilities across North America, the company has a strong industry presence and provides dependable and effective reefer trailer systems to fulfil cold logistics, food, and pharmaceutical needs
4. Fahrzeugwerk Bernard Krone GmbH & Co. KG
Headquarters: Germany
Renowned German trailer maker Krone offers a robust line of insulated and refrigerated trailer options. Their equipment is renowned for its superior insulation and longevity, which supports the integrity of the cold chain in European logistics. Krone remains a global leader in reefers because of its extensive history and innovative cooling technologies.
5. Schmitz Cargobull AG
Headquarters: Germany
With its headquarters located in Horstmar, Germany, Schmitz Cargobull leads the European market for refrigerated semi-trailers. The family-run business, which stands out for its high engineering quality and wide global reach, specialises in producing sturdy and effective reefer trailers. It still leads the refrigerated trucking industry and innovates.
Are you ready to discover more about the Refrigerated Trucking market?
The report provides an in-depth analysis of the leading companies operating in the global refrigerated trucking market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Kogel Trailer GmbH & Co.KG
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Hyundai Translead. Inc.
- Wabash National
- Fahrzeugwert Bernard Krone Gmbh & Co.KG
- China International Marine Containers (Group) Ltd.
- GRW Tankers and Trailers
- Lamberet SAS
- Great Dane LLC
- Chereau
- Schmitz Cargobull AG
- Others
Conclusion
The refrigerated trucking market is developing quickly due to the increase in e-commerce grocery delivery, the expanding pharmaceutical cold chain, and the increased demand for processed and frozen goods. While North America and Europe are experiencing robust expansion due to technical advancements and regulatory compliance in cold logistics, Asia-Pacific maintains a significant share because of its sizable consumer base and growing food sector. The dynamics of the sector are changing due to important trends like enhanced cooling technology, telematics integration, and electric and hybrid refrigerated vehicles. To increase their market presence, leading businesses, including Schmitz Cargobull, Kögel Trailer, Hyundai Translead, Wabash National, and Krone, are concentrating on innovation, sustainability, and capacity expansion. The global refrigerated trucking market is expected to grow steadily and sustainably due to the growing need for the safe and effective transportation of perishable goods.
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