Refrigerated Transport Market Reach $199.29 Billion by 2030 ... - GlobeNewswire

The global refrigerated transport market is expected to reach a value of US$112.90 billion in 2022 and will have a growth rate of 7.4% from 2023 to 2030. This growth is driven by the increasing demand for pharmaceutical drug transport and the rising demand for perishable and frozen goods. The growing food and beverage industry and the need for trade and packaged food are also contributing to the growth. However, high capital investment and energy costs remain as restraints in the market.

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