Global Perishable Goods Transportation Market 2018-2022| Adoption of Eco-friendly Vehicles to Boost Growth| Technavio

Technavio analysts forecast the global perishable goods transportation
market to grow at a CAGR of almost 8% during the forecast period,
according to their latest market research report.

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Technavio has published a new market research report on the global perishable goods transportation market from 2018-2022. (Graphic: Business Wire)

The adoption of eco-friendly vehicles is one of the major trends being
witnessed in the global
perishable goods transportation market 2018-2022. In the recent
years, the increased environmental awareness has raised concerns over
vehicle pollution. Thus, shippers now tend to choose vendors that have a
lesser carbon footprint and generate fewer pollutants. To address
environmental pollution, refrigerated transport providers are using
eco-friendly electric vehicles.

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only: View
market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global perishable goods transportation market is the
growth of organized retail sector:

Global perishable goods transportation market:
Growth of organized retail sector

The organized retail sector has been exhibiting considerable growth in
developing countries due to urbanization. The retail sector in countries
such as India has started securing more market shares. The increasing
urbanization has led to consumers making household purchases from the
organized retail sector. The global food and consumables market accounts
for 60% of the total global retail.

According to a senior analyst at Technavio for research on life science
research tools, “The food and consumables segment exhibits a
significant untapped potential for vendors of the organized retail
sector in developing countries. This has led to several major retail
vendors to expand their presence across the globe. Thus, the organized
retail sector by food and beverages segment is considered as one of the
key volume drivers for the global perishable goods transportation

Global perishable goods transportation market:
Segmentation analysis

The global perishable goods transportation market research report
provides market segmentation by end-user (meat, poultry, and seafood,
dairy, fruits and vegetables, and bakery and confectionery) and by
region (the Americas, EMEA, and APAC). It provides an in-depth analysis
of the prominent factors influencing the market, including drivers,
opportunities, trends, and industry-specific challenges.

Of the four major end-users, the meat, poultry, and seafood segment held
the largest market share in 2017, contributing to nearly 39% of the
market. This segment is expected to dominate the global market
throughout the forecast period.

The Americas held the largest share of the market in 2017, accounting
for close to 37% share. It was followed by EMEA and APAC respectively.
APAC is anticipated to post the highest growth during the period

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Technavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

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