Market Share of Refrigerated Container Shipping Industry
The refrigerated container shipping market is highly fragmented and competitive, with a mix of domestic and international players existing in all countries and regions. Some of the major players are A.P. Moller-Maersk, Seaco Srl, SeaCube Container Leasing Ltd., etc. The primary reasons driving the market growth include an increase in the number of trade routes, demand for prescription products, the expansion of the e-commerce industry, and the introduction of real-time tracking technologies.
Furthermore, barges are frequently utilized to move bulk commodities on rivers and canals. According to the industry, the pharmaceutical sector will expand the quickest throughout the predicted period. It is due to an increase in demand for biologics, cell treatments, vaccines, and blood products, all of which require temperature-controlled storage and shipping. It is predicted to increase global trade by supporting refrigerated perishables at sea in recent years.
Refrigerated Container Shipping Market Leaders
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Almar Container Group
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A.P. Moller - Maersk A/S
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Seaco Srl
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Ocean Network Express Pte. Ltd.
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SeaCube Container Leasing Ltd.
*Disclaimer: Major Players sorted in no particular order