India Refrigerated Trucks Market Overview, Analysis, Trends, Demand and Forecast 2022-2027

According to the latest report by IMARC Group, titled India Refrigerated Trucks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the india refrigerated trucks market is expected to exhibit a CAGR of 18.8% during 2022-2027.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Refrigerated trucks refer to vehicles that are designed to carry perishable goods at lower temperatures to prevent spoilage or contamination. They are primarily equipped with a mechanical refrigerating system that utilizes dry ice (solid carbon dioxide) as a cooling agent to keep the temperature below the freezing point. As a result, these trucks are widely used to transport several temperature-sensitive products, such as dairy products, meat, fish, fruits, vegetables, confectioneries, pharmaceuticals, etc.

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Market Trends:

The expanding food retail industry, coupled with the continuous advnacements in cold chain logistic facilities, are primarily catalyzing the India refrigerated trucks market. Besides this, the shifting consumer inclination towards frozen, processed, and ready-to-eat food items due to sedentary lifestyles and hectic work schedules is also augmenting the market growth. Furthermore, with the expansion of e-commerce platforms, food product availability is increasing across a variety of online distribution channels. This is also stimulating the adoption of refrigerated trucks for supply-based operations. In addition to this, ongoing upgradation in the the healthcare industry, particularly in light of the COVID-19 pandemic, have raised the demand for secure transportation of temperature-sensitive goods, including vaccines, clinical trial materials, biopharmaceuticals, and other medications. Moreover, the emerging popularity of phase change material (PCM) in truck refrigeration systems to offer enhanced energy efficiency is likely to strengthen the India refrigerated trucks market in the coming years.

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List of Key Companies Covered in this Market Report:

  • Carrier Airconditioning & Refrigeration Limited
  • Ice Make Refrigeration Limited
  • JCBL Limited
  • Motherson Sumi System Ltd
  • Subros Limited
  • Surin International Private Limited
  • Tata Motors Limited
  • Trane Technologies India Pvt Ltd
  • TransACNR

The report has segmented the market on the basis on region, vehicle capacity gvw, sector, body type, application.

Breakup by Vehicle Capacity GVW:

  • 02 – 4.5 Tons
  • 7 – 7.5 Tons
  • 11-12 Tons
  • 18.5 Tons
  • 28.5 Tons
  • 35 Tons

Breakup by Sector:

  • Organized Sector
  • Organized Sector

Breakup by Body Type:

  • Fully Built
  • Customizable

Breakup by Application:

  • Meat and Fish
  • Dairy Products
  • Fruits & Vegetables
  • Confectionaries
  • Pharmaceutical
  • Others

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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