Reefer Truck Market Set To Record Exponential Growth by 2027
The reefer truck is a refrigerated vehicle with the refrigeration unit on the trailer or built directly on the frame. The reefer truck is a van or truck and is used to transport freight that is perishable in nature. Rising consumer demand and increase in spending power among consumers is boosting the demand for food & beverages, which in turn is driving the reefer truck market . Expansion of food processing and packaged food sectors and their increased demand have boosted cold chain transport and in turn the reefer truck market. Rising trend of doorstep or last-mile delivery of groceries and frozen food has boosted the demand for reefer trucks. Improved road connectivity and infrastructure and expansion of the healthcare industry in developing countries are expected to boost the sales of reefers trucks in these countries. Advent of e-commerce portals delivering dairy, meat, and groceries has propelled the reefer truck market. The supply chain network in Africa and Latin America i...