The Booming Economies Will Contribute Tremendously To Refrigerated Transport Industry

We are global citizens who enjoy global things. From durable to perishable goods, our demands for all types of items are touching new boundaries. Even when it comes to frozen perishable commodities and fresh fruits & vegetables, the demands are sky rocketing and hence the market for refrigerated transport market is also predicted to grow to $19.29 billion by 2023, growing at a CAGR of 5.67 percent.

Apart from the frozen food and dairy items, the increasing demand for cold chain technology solutions, the demand for automated systems in commercial vehicles, and the rising trend of engine downsizing in the automotive industry will together contribute to this rise (MarketsandMarkets). On the other hand, even the medical industry needs refrigerated vehicles for transporting some medicines. And when COVID-19 vaccine is ready to be launched, this demand will go multi-fold. The government has to work on streamlining the supply chain to ensure the vaccine reaches the ultimate destination without any fail on the way.

Reasons are varied which will lead to the growth of the market and hence looking at this rise, siliconindia Magazine brings to you `10 Most Promising Refrigerated Transport Services Providers ­ 2020' ­ a listing of 10 such names from the industry that is known to offer on-time and apt services to clients across the boundaries. From using the modern day technology to the best of the manpower, these companies take every measure to safely transport the products. Read to know more about them.

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