According to research report titled ‘Global Refrigerated ISO Containers Market Size study, by Type (Refrigerated Container, High Cube Refrigerated Container), Transport Mode (Road, Rail, Marine), Application (Food Transport, Consumer Goods Transport, Industrial Transport) and Regional Forecasts 2021-2027’, available MarketStudyReport, global refrigerated ISO containers market is anticipated to garner sizeable returns during 2021-2027.
 

Report findings suggest that global refrigerated ISO containers market is being driven by an increase in seaborne trade worldwide. According to the data from United Nations Conference on Trade and Development, the number of products loaded by sea has increased dramatically from 10.3 billion tons in 2016 to 11.1 billion tons in 2019.
 

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For the uninitiated, refrigerated ISO containers, also known as reefer, are widely known intermodal container used in freight transportation of perishable goods that require refrigeration.
 

The market is also expected to rise owing to increasing need for container standardization due to laws regarding emissions, and preference for environment-friendly products. Furthermore, surging consumer product demand, flourishing packaging sector, and expanding production of perishable goods are likely to drive global refrigerated ISO containers market growth over the forecast period.
 

However, unstable raw material costs, and trade wars between nations will pose as threats for industry growth trajectory over the forecast period of 2021-2027.
 

By type, the market is segmented into high cube refrigerated container, and refrigerated container. On the basis of transport mode, the industry is divided into road, rail, and marine. Based on application scope, the marketplace is classified into consumer goods transport, food transport, and industrial transport.
 

Considering the geographical landscape, the market spans across North America, Asia pacific, Europe, Latin America, Rest of the World. Among which, Asia-Pacific market holds a significant revenue share and is predicted to have a strong CAGR over the forecast period, due to modernization of infrastructure, increasing industrialization, favorable government regulations related to manufacturing of products, and easily accessible seatrade.
 

The major players in global refrigerated ISO containers market are ISOVATION, AccsA'tech, Coldpack, Tecnisample S I, Polar Tech Industries Inc., Softbox Systems, Insulated Products Corporation, Aircontainer Package System Sweden AB, and The Wool Packaging Company Ltd. (TWPC).