Reefer Container Market Share: In-Depth Coverage And Various Important Aspects by 2030

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Reefer Container Market 2020 Manufacturers,
Regions, Type And Application, Forecast To 2030
According to PS Intelligence, the increase in
the number of trade routes would help the global
reefer container market grow. In April 2019, the
Chongqing municipality in south-western China
was linked to Indonesia via a new trade route,
which, in September 2019, was connecting 190
ports across 90 nations. Moreover, with Asian
countries increasing their influence on
worldwide trade, trade routes are expected to get
increasingly directed toward this region.
In addition, much of the long-distance trade is
conducted via ships, which makes the sea the most
important trade mode. All these factors are
predicted to propel the reefer container market
to a volume of 5,981.6 thousand twenty-foot
equivalent units (TEU) in 2030, from 2,915.6
thousand TEUs in 2019, at a 7.3 CAGR between
2020 and 2030. Request to Get the Sample Report_at_
https//www.psmarketresearch.com/market-
analysis/reefer-container-market-report/report-sam
ple In the coming years, the highest CAGR in the
reefer container market would be witnessed by the
Latin America, Middle East, and Africa (LAMEA)
region. Within LAMEA, the highest adoption of
reefer containers is expected in Brazil, due to
the increasing trade of frozen and chilled goods
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between Brazil and China and India. Moreover,
Brazil, which is the most-productive market for
logistics in LAMEA, contributed 145 billion to
the regional logistics market in 2019. Due to
the COVID-19 outbreak, the reefer container
market has been affected in a negative way.
Contract, liquidity, labor, and several other
issues have caused much economic stress to
logistics and shipping companies. Moreover,
global trade has declined by around 15, and
employee payments have also ceased or are
delayed. With a complete or partial ceasing of
trade operations and port closures, the supply
chain has been severely hampered, which has
further led to a reduced demand for reefer
containers. Make Enquiry Before Buying the
Report_at_ https//www.psmarketresearch.com/send-
enquiry?enquiry-urlreefer-container-market-report
The most prominent companies in the global
reefer container market are Singamas Container
Holdings Ltd., SeaCube Container Leasing Ltd.,
A.P. Moller - Maersk A/S,China International
Marine Containers (Group) Co. Ltd., Triton
International Ltd., Seaco Srl,MSC Mediterranean
Shipping Company S.A., Ocean Network Express Pte.
Ltd., Hapag-Lloyd AG, and ZIM Integrated
Shipping Services Ltd.