Reefer Container Market

By Size;

Less Than 20 Feet, 20-40 Feet and More Than 40 Feet

By Industry;

Food & Beverage, Healthcare, Chemicals and Others

By Mode Of Transportation;

Roadways, Railways and Sea

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn027014015 Published Date: September, 2025 Updated Date: November, 2025

Reefer Container Market Overview

Reefer Container Market (USD Million)

Reefer Container Market was valued at USD 22,680.80 million in the year 2024. The size of this market is expected to increase to USD 34,606.67 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.


Reefer Container Market

*Market size in USD million

CAGR 6.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.2 %
Market Size (2024)USD 22,680.80 Million
Market Size (2031)USD 34,606.67 Million
Market ConcentrationMedium
Report Pages392
22,680.80
2024
34,606.67
2031

Major Players

  • Daikin Reefer
  • Klinge Corporation
  • Fortune Container Trading
  • Hapag-Llyod
  • Singamas

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Reefer Container Market

Fragmented - Highly competitive market without dominant players


The Reefer Container Market is experiencing rapid expansion as demand for temperature-controlled logistics continues to rise. Over 52% of global perishable goods are now transported using reefer containers, highlighting their essential role in maintaining product safety and quality.

Key Drivers Stimulating Growth
The rising focus on cold chain logistics and perishable product transport is accelerating reefer container adoption. Nearly 48% of food and pharmaceutical supply chains rely on refrigerated containers to preserve freshness, extend shelf life, and meet strict safety standards.

Technological Advancements Enhancing Adoption
Innovations in IoT-enabled monitoring, energy-efficient cooling systems, and remote tracking are transforming the reefer container industry. Around 44% of new reefer units now incorporate smart technology, enabling real-time temperature and humidity control to minimize spoilage and losses.

Future Growth Outlook
The Reefer Container Market shows strong growth potential, with more than 57% of logistics providers planning to expand reefer container fleets. Continuous investment in eco-friendly refrigeration and digital cold chain solutions will further strengthen market growth and enhance operational efficiency.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Size
    2. Market Snapshot, By Industry
    3. Market Snapshot, By Mode Of Transportation
    4. Market Snapshot, By Region
  4. Reefer Container Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Perishable Goods

        2. Expansion of Cold Chain Logistics

        3. Technological Advancements

      2. Restraints
        1. High Initial Investment

        2. Operational Challenges

        3. Energy Consumption Concerns

      3. Opportunities
        1. Emerging Markets

        2. Focus on Sustainability

        3. Diversification of Applications

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Reefer Container Market, By Size, 2021 - 2031 (USD Million)
      1. Less Than 20 Feet
      2. 20-40 Feet
      3. More Than 40 Feet
    2. Reefer Container Market, By Industry, 2021 - 2031 (USD Million)
      1. Food & Beverage
      2. Healthcare
      3. Chemicals
      4. Others
    3. Reefer Container Market, By Mode Of Transportation, 2021 - 2031 (USD Million)
      1. Roadways
      2. Railways
      3. Sea
    4. Reefer Container Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. A.P. Moller – Maersk / Maersk Container Industry
      2. China International Marine Containers (CIMC)
      3. Singamas Container Holdings Ltd.
      4. Daikin Industries (Daikin Reefer)
      5. MSC Mediterranean Shipping Company
      6. CMA CGM Group
      7. Ocean Network Express (ONE)
      8. ZIM Integrated Shipping Services
      9. Hapag-Lloyd AG
      10. Seacube Containers LLC
      11. Hoover Container Solutions
      12. Triton International Ltd.
      13. W&K Containers, Inc.
      14. CMA
      15. MSC
  7. Analyst Views
  8. Future Outlook of the Market