Refrigerated Goods Trucking Global Market Report 2026

Refrigerated goods trucking involves the transportation of temperature-sensitive cargoes using specialized trucks equipped with integrated refrigeration systems. These systems maintain controlled temperatures throughout the shipping process, ensuring the preservation of refrigerated goods during over-the-road transportation.

The primary vehicle types in the refrigerated goods trucking market include light commercial vehicles, medium-heavy commercial vehicles, and heavy commercial vehicles. Light commercial vehicles, defined as those with a gross vehicle weight exceeding 7,500 kilograms, are utilized for transporting various items such as fruits, vegetables, white goods, beverages, and more. The market is further segmented based on temperature control into single temperature and multi-temperature categories. Additionally, applications in the refrigerated goods trucking market include transporting food products, poultry, meat, seafood, dairy and beverages, bakery and confectionery items, pharmaceuticals, and other related goods.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the refrigerated goods trucking market by increasing costs of imported refrigeration units, temperature sensors, insulated truck bodies, and electronic control systems. Logistics operators in North America and Europe are most affected due to reliance on imported cooling technologies, while Asia-Pacific faces higher equipment costs for export fleets. These tariffs are increasing capital expenditure and operating costs for carriers. At the same time, they are encouraging domestic manufacturing of refrigeration units, localized fleet upgrades, and innovation in energy-efficient cold transport solutions.

The refrigerated goods trucking market research report is one of a series of new reports from The Business Research Company that provides refrigerated goods trucking market statistics, including refrigerated goods trucking industry global market size, regional shares, competitors with a refrigerated goods trucking market share, detailed refrigerated goods trucking market segments, market trends and opportunities, and any further data you may need to thrive in the refrigerated goods trucking industry. This refrigerated goods trucking market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The refrigerated goods trucking market size has grown strongly in recent years. It will grow from $77.58 billion in 2025 to $84.11 billion in 2026 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to expansion of perishable food distribution networks, growth in pharmaceutical logistics demand, increasing urban cold storage requirements, rising consumption of frozen and chilled foods, development of refrigerated transport infrastructure.

The refrigerated goods trucking market size is expected to see strong growth in the next few years. It will grow to $118.81 billion in 2030 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to increasing investments in cold chain modernization, rising focus on emission reduction in trucking fleets, expansion of vaccine and biologics transport, growing demand for real-time temperature visibility, increasing adoption of electric refrigerated vehicles. Major trends in the forecast period include increasing adoption of multi-temperature refrigerated fleets, rising integration of iot-based temperature monitoring, growing demand for pharmaceutical cold chain transport, expansion of energy-efficient refrigeration systems, enhanced focus on food safety compliance.

The growing demand for perishable foods, including ready-to-eat items, milk and dairy products, and fruits and vegetables, is anticipated to contribute to the growth of the refrigerated goods trucking market. The rising demand for frozen food items is prompting suppliers to enhance their refrigerated units with multi-temperature systems, computer controls, and thermal liners to maintain the required temperatures. For instance, in April 2024, the National Association of Convenience Stores (NACS), a US-based trade association, reported that total industry foodservice sales constituted 26.9% of in-store sales in 2023, up from 25.6% in 2022. Additionally, prepared food sales increased by 12.2% per store per month, making it the leading in-store category. Therefore, the increasing demand for refrigerated food products is expected to drive growth in the refrigerated goods trucking market during the forecast period.

Major companies in the refrigerated goods trucking market are actively investing in new solutions such as cloud computing and IoT technologies, which enable real-time tracking to enhance accountability, visibility, and performance in refrigerated storage and transport. Real-time tracking refers to the ability to monitor the location and movement of people, vehicles, or assets using GPS or other tracking technologies. For example, in June 2024, GreenPower Motor Company, a Canada-based manufacturer of electric medium- and heavy-duty vehicles, launched the EV Star ReeferX, an all-electric refrigerated medium-duty delivery truck. Built on the EV Star Cab & Chassis platform, the ReeferX features a lighter body for increased payload capacity and is fully customizable. It is designed for mid- to last-mile refrigerated deliveries, targeting industries such as fresh and frozen foods, flowers, and pharmaceuticals.

In June 2023, Dupre Logistics, a Louisiana-based privately held transportation company, acquired Interstate Transport for an undisclosed amount. This acquisition aligns with Dupre's strategy to expand its operations on the East Coast and enhance its carrier network, particularly within the refrigerated goods trucking sector, while improving its service offerings in Florida. Interstate Transport, a US-based company, specializes in temperature-controlled food and beverage logistics, thereby strengthening Dupre's capabilities in this vital area.

Major companies operating in the refrigerated goods trucking market are Prime Inc., Stevens Transport, Knight-Swift Transportation Holdings Inc., C.R. England, Marten Transport Ltd., China International Marine Containers, Great Dane, Schmitz Cargobull AG, Shaffer Trucking, KLLM Transport Services, Deutsche Post DHL, Nippon Express, Yamato Transport Co. Ltd (Japan), Yusen Logistics & TASCO, Sinchai Cold Storage, Tiong Nam Logistics, Jentec Storage Inc, Kogel Trailer GmbH & Co, SNCF Deodis, GERCO S.A, STEF, HSF Logistics, Algarverpania Refrigeration, Krone, Gibon Logistics, CEE Logistics, GEFCO, Kuehne-Nagel, Hyundai Translead Inc., Wabash National, JSL S. A, Transportes Bertolini Ltda, Braspress Logistics, DHL Global Forwarding, CEVA logistics, ATS Dubai, Mashaweer, ADSO, HST Logistics LLC, Carrier Global Corporation, Daikin Industries Ltd., Denso Corporation, Klinge Corporation, Mitsubishi Heavy Industries Ltd., Subros Limited, Songz Automobile Air Conditioning Co. Ltd., Thermo King (Trane Technologies), Webasto Thermo & Comfort

North America was the largest region in the refrigerated goods trucking market in 2025. Western Europe was the second largest region in the global refrigerated goods trucking market share. The regions covered in the refrigerated goods trucking market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the refrigerated goods trucking market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The refrigerated goods trucking market includes revenue generated by entities that provide transportation services for products that must be kept at a specific temperature in order to maintain product shelf life and reduce the possibility of degradation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Refrigerated Goods Trucking Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses refrigerated goods trucking market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for refrigerated goods trucking ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The refrigerated goods trucking market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Vehicle Type: Light Commercial Vehicle; Medium Heavy Commercial Vehicles; Heavy Commercial Vehicles
• 2) By Temperature: Single Temperature; Multi-Temperature
• 3) By Application: Food Products; Poultry; Meat; and Seafood; Dairy and Beverages; Bakery And Confectionery; Pharmaceutical; Other Applications
• Subsegments:
• 1) By Light Commercial Vehicle: Refrigerated Vans; Small Refrigerated Trucks
• 2) By Medium Heavy Commercial Vehicles: Medium Refrigerated Trucks; Box Trucks With Refrigeration Units
• 3) By Heavy Commercial Vehicles: Heavy-Duty Refrigerated Trailers; Refrigerated Container Trucks
• Companies Mentioned: Prime Inc.; Stevens Transport; Knight-Swift Transportation Holdings Inc.; C.R. England; Marten Transport Ltd.; China International Marine Containers; Great Dane; Schmitz Cargobull AG; Shaffer Trucking; KLLM Transport Services; Deutsche Post DHL; Nippon Express; Yamato Transport Co. Ltd (Japan); Yusen Logistics & TASCO; Sinchai Cold Storage; Tiong Nam Logistics; Jentec Storage Inc; Kogel Trailer GmbH & Co; SNCF Deodis; GERCO S.A; STEF; HSF Logistics; Algarverpania Refrigeration; Krone; Gibon Logistics; CEE Logistics; GEFCO; Kuehne-Nagel; Hyundai Translead Inc.; Wabash National; JSL S. A; Transportes Bertolini Ltda; Braspress Logistics; DHL Global Forwarding; CEVA logistics; ATS Dubai; Mashaweer; ADSO; HST Logistics LLC; Carrier Global Corporation; Daikin Industries Ltd.; Denso Corporation; Klinge Corporation; Mitsubishi Heavy Industries Ltd.; Subros Limited; Songz Automobile Air Conditioning Co. Ltd.; Thermo King (Trane Technologies); Webasto Thermo & Comfort
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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