Refrigerated Transport Procurement Intelligence: Trends and Outlook
The refrigerated transport category is anticipated to grow at a CAGR of 7.7% from 2023 to 2030. The growth can be attributed to the rising demand for perishable goods transportation, including fresh produce and pharmaceuticals. The adoption of advanced technologies in refrigeration systems helps in achieving energy efficiency and precise temperature control is driving the demand from various industries. The growing e-commerce sector is another key driver, which is increasing the demand for cold chain logistics to facilitate the transportation of perishable goods that are purchased online. Companies providing category services ensure perishable goods are maintained at the optimum temperature throughout the transportation process. This is achieved by the utilization of advanced sensors and automation in temperature control systems to monitor temperature fluctuation in real-time as it provides accuracy and control over the temperature of the cargo. This can automatically adjust the tempe...