increased global trade and export activities and increased investments in cold storage facilities are driving the growth of the Reefer Container Market at a CAGR of 8.25% during the forecast period 2025 to 2035

Market Research Future (MRFR) has published a cooked research report on the “Global Reefer Container Market” that contains the information from 2019 to 2035.

The Global Reefer Container Market is estimated to register a CAGR of 8.25% during the forecast period of 2025 to 2035.

MRFR recognizes the following companies as the key players in the Global Reefer Container Market — Ocean Network Express Pte. Ltd., CMA CGM Group, A.P. Moller – Maersk, Singamas Container Holdings Ltd, MSC Mediterranean Shipping Company S.A., Hapag-Lloyd AG, COSCO Shipping Ports Limited, Evergreen Marine Corp., ZIM Integrated Shipping Services Ltd., China International Marine Containers (Group) Co., Ltd. and others.

The Global Reefer Container Market is accounted for registering a CAGR of 8.25% during the forecast period and is estimated to reach USD 16.62 Billion by 2035.

The market for reefer containers is expanding generally due to the developing demand for perishable goods. There's been a noticeable change in the global food market toward fresh fruit, dairy products, meat, seafood, and other temperature-sensitive foods as customers grow more health-conscious and discriminating. This trend isn't always the simplest obvious in advanced markets but is also gaining traction in emerging economies, in which dietary patterns are evolving to include a greater diversity of perishable foods. In recent years, purchasers have become increasingly aware of the health benefits associated with sparkling and minimally processed foods. A growing number of people are seeking healthier lives, which is driving up demand for fresh dairy products, lean meats, and organic fruits and vegetables. The increased focus on nutrition is leading to a rise in the consumption of perishable commodities, which in turn is increasing the demand for effective cold-chain logistics. Moreover, as lifestyles trade, especially with urbanization and busy schedules, consumers are looking for convenient meal options that do not compromise best or freshness. Strong refrigeration systems are required for the growing demand for fresh fruit and ready-to-eat meals that are delivered right to customers' doors. According to the International Blueberry Organization Throughout the supply chain, reefer containers are crucial to preserving the integrity of these items. The dominance of protein on this trade 5.22 million tons trade is a staggering 95%.

Increased commerce between nations has been made possible by globalization, and as economies expand, so does the need for a variety of food goods from other places. As a result, the imports and exports of perishable products have significantly increased. Refrigerated containers are increasingly used to transport commodities over great distances without compromising their quality, especially in countries where it may not be possible to manufacture them year-round. Reefer containers are necessary to satisfy the demands of customers who, regardless of their location, desire fresh items due to the growing worldwide commerce networks. It is impossible to exaggerate the significance of dependable cold storage and transit options as nations concentrate more on safeguarding their food supply chains.

Technological developments in refrigeration have increased the demand for reefer containers even more. Contemporary reefer units are furnished with advanced temperature control systems that provide accurate monitoring and modifications while in transit. This feature guarantees that perishables are stored at ideal temperatures, hence lowering spoiling rates and improving food safety. Furthermore, real-time tracking of refrigerated containers is made possible by advancements like the IoTs, which offer visibility across the supply chain. By guaranteeing on-time delivery, this transparency helps companies improve customer happiness, react to interruptions, and manage their logistics operations. Reefer containers will probably become more dependable and efficient as technology advances, which will appeal to shippers even more. The rise in e-commerce has revolutionized the retail landscape, especially in the food sector. Online grocery purchasing has surged, mainly in the wake of the COVID-19 pandemic, as purchasers sought the advantage of home delivery. This shift has brought about an increased reliance on refrigerated logistics to ensure that fresh produce and perishable items are introduced quickly and safely. Reefer containers play a vital part in addressing the needs of contemporary consumers since e-commerce platforms frequently utilize them to convey items from warehouses to customers. The need for effective cold chain solutions will probably increase as online shopping grows, which will increase demand for reefer containers.

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Segmental Analysis

The Global Reefer Container Market has been segmented based on Size by Transportation Mode and by Industry.

Based on Size, this segment includes 20 Feet, 40 Feet, More than 40 Feet. The 40 Feet segment dominated the global market in 2024, while the 20 Feet segment is projected to be the fastest–growing segment during the forecast period. A 40-foot reefer container is a larger refrigerated shipping container designed to transport temperature-sensitive goods over long distances, ensuring they remain fresh, safe, and in optimal condition. With dimensions of approximately 40 feet in length, 8 feet in width, and 8.5 feet in height (or 9.5 feet in the case of a "high-cube" variant), it offers double the storage capacity of its 20-foot counterpart. This is of advantage for the bulk export of perishable products such as fruits, vegetables, dairy, frozen meats, seafood, drugs, and other perishable goods that are delicately temperature sensitive. The bigger the 40-foot Reefer container, the easier it is for a business to ship a larger consignment of goods with a single shipment.

Based on Transportation Mode, this segment includes Seaways, Roadways, Railways. The Seaways segment dominated the global market in 2024, while it is projected to be the fastest–growing segment during the forecast period. Seaways transportation of reefer containers plays a crucial role in the global logistics network, enabling the efficient and safe movement of temperature-sensitive goods across oceans. This method of transport utilizes refrigerated shipping containers, known as "reefers," which are temperature controlled, helping in the effective delivery of perishable products such as vegetables, fruit, dairy products, frozen meat and seafood, drugs, and other temperature-dependent products in the best possible condition. This is important in the preservation of quality and shelf life of products, especially for long distances, when these goods are transported through sea routes.

Based on Industry, this segment includes Food & Beverage, Pharmaceutical, Chemical. The Food & Beverage segment dominated the global market in 2024, while it is projected to be the fastest–growing segment during the forecast period. Perishable products are transported safely and efficiently while maintaining their quality, freshness, and safety. Ensuring by reefer containers, or refrigerated containers, play an essential role in the food and beverage industry. These containers, also referred to as reefers, are fitted with refrigeration or cooling facilities and are vital when handling temperature-sensitive goods and fruits, vegetables, dairy foods, meat, fish, frozen foods, drinks, and other perishables that need to be preserved. This controlled condition enables the products to maintain their quality, increasing the lifespan of the products over time. The main advantage of using these containers in the food and beverage sectors is that they can range from -30 °C for frozen products to +30 °C for the chilled.

Regional Analysis

Geographically, the Global Reefer Container Market has been segmented into North America, Europe and Asia-Pacific.

Major demand factors driving the Asia-Pacific market are the rising demand for perishable goods and increased global trade and export activities and increased investments in cold storage facilities. In August 2023, Daikin Reefer partnered with Thai mango shipper SWIFT Co. Ltd and the global shipping company CMA CGM to conduct static and live trial shipments of Nam Doc Mai (Honey) and Mahachanok (Rainbow) mangoes from Thailand to Korea and Japan. These shipments utilize Daikin Active CA (Controlled Atmosphere) technology, which helps maintain the freshness and quality of perishable goods during long-distance transport. This collaboration is intended to attract new customers and increase Daikin Reefer's business in the Asian market, demonstrating the potential for growth in the region's reefer container industry.

The reefer container market in North America has experienced growth and transformation, influenced by advancements in technology, infrastructure developments, and shifting trade dynamics. In March 2023, Maersk launched an API-enabled reefer system with a shareable catalog to improve transparency and real-time monitoring of perishable goods. This novel strategy has proven useful when carrying delicate cargo such as fruits, meat, and pharmaceuticals, when maintaining the integrity of temperature-sensitive commodities is critical. The adoption of such technology underlines the industry's dedication to enhancing supply chain efficiency and reliability while also meeting the needs of businesses that rely significantly on reefer containers. Another trend in the North American reefer sector is the Port of Savannah's expansion plan.

The European reefer container market is marked by developments in trade routes, growing demand for perishable goods, and notable contributions from various regions around the world. The dominant trades in the reefer market from the West Coast of South America (WCSA) to Europe is bananas, often referred to as “yellow (green) gold,” which account for a staggering 73% of all cargo transported along this route. The traffic from the WCSA to Europe amounts to an impressive 5.78 million tons, making this trade route one of the significant in the European reefer container market. This substantial volume reflects the importance of bananas as a commodity for European consumers and the reliance on reefer containers to ensure the fresh and timely delivery of this fruit.

Key Findings of the Study

• The Global Reefer Container Market is expected to reach USD 16.62 Billion by 2035, at a CAGR of 25% during the forecast period.


• The Asia Pacific region accounted for the fastest-growing global market.


• Based on Transportation Mode, the Seaways segment was attributed to holding the largest market in 2024.


• Ocean Network Express Pte. Ltd., CMA CGM Group, A.P. Moller – Maersk, Singamas Container Holdings Ltd, MSC Mediterranean Shipping Company S.A., Hapag-Lloyd AG, COSCO Shipping Ports Limited, Evergreen Marine Corp., ZIM Integrated Shipping Services Ltd., China International Marine Containers (Group) Co., Ltd. are some of the players in the market.