The growth of the ‘refrigerated transport market’ is attributed to the expansion in the demand for temperature control logistics in the transportation chain so as to maintain the efficacy and life expectancy of sensitive items such as medicines, perishable foods, and chemicals.

Refrigerated transportation particularly in the food industry is vital as it ensures that the products such as fruits, vegetables, dairy, meat and seafood do not get spoiled, thereby increasing their shelf life and nutritional value. It also has a significance in the case of pharmaceuticals – and especially in the handling of temperature sensitive products like drugs, vaccines and biologics that need to be stored under certain temperatures so as to remain effective and safe.

Apart from food and drugs, other industries that benefit from refrigerated transport include the floral industry – where flowers are transported in refrigerated transport vehicles in order to prevent wilting and maintain floral appeal. The chemical industry makes a surety that it transports certain products that are sensitive to temperature that can either spoil or become hazardous if exposed to temperature changes.

The Asia Pacific refrigerated transport market is undergoing exponential growth due to several factors. This is due to high population density especially in urban areas, growing middle income customers, and shifting food preferences that will raise the demand for fresh produce in the region. Today’s developed countries such as the People’s Republic of China, India, Japan, and South Korea are experiencing an active investment of a cold chain network to effectively transport perishable products like fresh produce, dairy products, seafood, and drugs.

Forty Asia Pacific economies are connecting their supply chains to the global network and consequently, the need for cold logistics is expected to increase over time creating opportunities for the investment of new and improved refrigerated transportation equipment. Enhancement of the government policies concerning the food safety regulation and standardization contributes to the market growth as well. Also, improvements in technology helpful in refrigerator systems and supply chain management are increasing.

Altogether, refrigerated transport is one of the most significant elements of the contemporary supply chains – as it dramatically expands the possibilities of the distribution of goods that need to be kept in rather specific climate conditions in order to stay productive, safely consumable, and conform to the requirements of food safety.

Growth Drivers of the Refrigerated Transport Industry

Increasing Demand for Perishable Goods: One of the key forces behind the refrigerated transport industry is the exponentially increasing global necessity of moving temperature sensitive products like fresh produce, dairy products, and pharmaceuticals. The end customer expects products that are fresh and with high quality hence the supply chain must provide efficient means and most importantly means of transport that will offer the right temperature for the produce.

This is occurring due to shifts in consumers’ eating habits, population growth in cities, and the increased exportation of perishable goods. This trend holds as more countries desire fresh and different foods to be made available all-year round; therefore, refrigerated transport is in high demand.

Stringent Regulations and Quality Standards: Refrigerated transport solution is provoked by official requirements of governments and international organizations in terms of quality. The regulations established in this field take care of temperature standardization and constant monitoring – especially during the transportation process of perishable products. It is important in order to avoid compromise in quality, contamination or any harm to the product that is being transported.

Implementation of these standards has become critical since it enhances the market opportunity of businesses and consumers’ confidence. Therefore, there is lucrative opportunity in investments towards improving the systems of refrigeration and other logistic frameworks. This ranges from the enhancement of appropriate and effective cooling systems to the usage of effective monitoring and reporting procedures.

Technological Advancements in Refrigeration Systems: Current innovations and technological developments in the refrigeration sector including high efficiency equipment, better insulation materials, and integrated electronics for monitoring and control of the systems are boosting the refrigerated transportation market. They improve the dependability, productivity as well as sustainability of the cold chain fleet and containers ultimately lowering the operational expenses and impact on the environment.

Smart integration helps in tracking the temperatures in the vehicles, to schedule maintenance services, and to optimize the routes, thus increasing general productivity and service availability.


For further information: https://bit.ly/3X9IWeL