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(Transportation-News.com, June 19, 2018 ) The Refrigerated Sea Transport Containers Market is expected to reach US$ 3.25 Billion in 2020 from US$ 2.13 Billion in 2015 with a CAGR of 8.8%.
The increasingly refined reefer solutions are overcoming the crucial challenges in shipping of perishables over long distances. The new and advanced technologies play a significant role to ensure that the perishable commodities reach fresh and at the desired destinations and also, should fulfil the strict import protocols that differ from countries to countries.
Some of the key driving factors such as changing consumer food preferences, advancing technologies in sea transportation and container modernizations are paving the path for growing demand for refrigerated containers. Refrigerated Sea Transport Containers Market is expected to reach 3.46 Million TEU by 2020 growing at a CAGR of 6.7% owing to increasing demand for perishable commodities in various regions across the globe.
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Marine transportation is one the most essential part of the global economy. There is a need for global transportation for distribution of goods worldwide owing to increasing consumers demand for goods and services that are not available locally. Globalization has significantly influenced the food systems across the world. The world has now greater accessibility, availability and diversity of food attributed by factors such as increasing income of the people, changing lifestyle, trade liberalization, urbanization, foreign direct investments and markets integration.
Global refrigerated sea transport containers market is hindered by challenges such as rising rates of specialized reefers and uneven distribution channels which impacts the operational costs of transportation. However increasing advancements in infrastructure of containerized reefers has set new dimension to the containers market, the demand for containerized reefers has outpaced the specialized reefer containers market in recent years and this trend is expected to continue in coming years along with bridging gap of transportation demands and rising reefer costs.
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Some of the leading players in Refrigerated Sea Transport Containers Market:
CMA CGM
NYK Line
China Shipping Container Lines
Kling Group
ZIM Integrated
Orient Overseas Container Line
Compañía Sud Americana de Vapores (CSAV)
Hanjin Shipping Co., Ltd
Mitsui O.S.K. Lines, Ltd
Evergreen Marine Corp
China International Marine Containers (Group) Co. Ltd. . .etc
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Source: EmailWire.Com 
Source: EmailWire.com
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