India Refrigerated Trucks Market PPT: Demand, Trends and Business Opportunities 2023-28 - PowerPoint PPT Presentation

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India Refrigerated Trucks Market PPT: Demand, Trends and Business Opportunities 2023-28

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According to the latest research report by IMARC Group, The India refrigerated trucks market size reached INR 5.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 14.7 Billion by 2028, exhibiting a growth rate (CAGR) of 18.1% during 2023-2028. More Info:- – PowerPoint PPT presentation

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Title: India Refrigerated Trucks Market PPT: Demand, Trends and Business Opportunities 2023-28


1
India Refrigerated Trucks Market Research and
Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
2
About IMARC Group
Report Description
The International Market Analysis Research and
Consulting Group is a leading adviser on
management strategy and market research
worldwide. We partner with clients in all sectors
and regions to identify their highest-value
opportunities, address their most critical
challenges, and transform their
businesses. IMARCs information products include
major market, scientific, economic and
technological developments for business leaders
in pharmaceutical, industrial, and high
technology organizations. Market forecasts and
industry analysis for biotechnology, advanced
materials, chemicals, food and beverage, travel
and tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
India Refrigerated Trucks Market Research
Report The latest report by IMARC, titled
India Refrigerated Trucks Market Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028 the India refrigerated trucks
market size reached INR 5.4 Billion in 2022.
Refrigerated trucks, also known as reefers, are
enclosed vehicles designed to transport
perishable goods over long distances at
controlled temperatures. These vehicles are
equipped with refrigeration units and facilitate
multiple temperature zones to maintain a
controlled temperature within the cargo
compartment. The cooling system is generally
powered by diesel engines, generators, or
external power sources. Their flexible
temperature settings enable them to operate over
long distances, thereby allowing more exhaustive
goods distribution across the country or
internationally. Due to the added refrigeration
equipment, these trucks are typically larger than
their non-refrigerated counterparts. Some of the
advantages of refrigerated trucks include reduced
waste and spoilage of perishable goods during
transportation, provide flexibility in
temperature ranges depending on the cargo type,
and can increase shelf life of perishable goods.
As a result, they are commonly used for
transporting a wide range of temperature-sensitive
perishable products, including fresh produce,
meat, dairy products, frozen foods, and
pharmaceuticals. Request Free Sample Report
https//www.imarcgroup.com/india-refrigerated-truc
ks-market/requestsample
4
Report Description and Highlights
Report Description

India Refrigerated Trucks Market Trends The
market in India is majorly driven by the rapid
expansion of cold chain logistics sector across
the country. This can be attributed to the
growing demand for high-quality perishable food
products, along with the increasing number of
food retail services. In line with this, the
shifting consumer preference toward ready-to-eat
(RTE), frozen, chilled, and processed food
products due to the increasingly hectic work
schedules and sedentary lifestyles led by the
masses is providing an impetus to the market.
Additionally, considerable growth in the
healthcare industry, along with the increasing
need for secure transportation of
temperature-sensitive commodities, such as
vaccines, clinical trial materials, drugs and
biopharmaceuticals, is also impacting the market
positively. The market is further fueled by
rising investments in the development of
cutting-edge medical facilities and research
laboratories facilitating the conservation of
heat-sensitive biological substances. Stringent
government regulations requiring transportation
of perishable goods to comply with specific
temperature standards are further augmenting the
demand for refrigerated trucks. The rise in
international trade leading to an increase in the
transportation of perishable goods across long
distances is also acting as a significant
growth-induing factor for the market.
Furthermore, continual technological advancements
in refrigeration technology, such as the advent
of more efficient and cost-effective
refrigeration systems, are creating a positive
market outlook. Some of the other factors
contributing to the market include rapid
urbanization, inflating disposable income levels,
rising medical expenditure and extensive research
and development (RD) activities. On account of
the aforementioned factors, the market is
anticipated to reach a value of INR 14.7 Billion
by 2028, exhibiting a CAGR of 18.1 during
2023-2028. Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2023-2028).
5
Report Description and Highlights
Report Description
Market Summary Breakup by Vehicle Capacity GVW
02 4.5 Tons 7 7.5 Tons
11-12 Tons 18.5 Tons 28
.5 Tons 35 Tons Breakup by Sector
Organized Sector Unorganized Secto
r Breakup by Body Type Fully Built
Customizable Breakup by Application
Meat and Fish

6
Report Description and Highlights
Report Description
Dairy Products Fruits Vegeta
bles Confectionaries Pharmaceu
tical Others Breakup by Region
North India West and Central India
South India East India

7
Report Description and Highlights
Report Description
  • Competitive Landscape with Key Players
  • Carrier Airconditioning Refrigeration Limited
    (Carrier Global Corporation) Ice Make Refrigeratio
    n Limited JCBL Limited KOLD SEAL Motherson Sumi Sy
    stem Ltd Subros Limited Surin International Privat
    e Limited Tata Motors Limited Trane Technologies I
    ndia Pvt Ltd TransACNR
  • View Full Report with TOC List of Figure
    https//www.imarcgroup.com/india-refrigerated-truc
    ks-market

8
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
9
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
10
Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
11

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