Perishable Goods Transportation Market to record USD 6.43 Bn growth; AP Moller Maersk AS, Africa Express Line Ltd., Bay and Bay Transportation identified as key vendors - Technavio

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Nov 15, 2022, 15:30 ET

NEW YORK, Nov. 15, 2022 /PRNewswire/ -- The "Perishable Goods Transportation Market by End-user and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The report expects the market size to grow by USD 6.43 billion, accelerating at a CAGR of 7.22% during the forecast period. The global perishable goods transportation market is highly competitive. Since the global perishable goods transport market is in its growth stage, transporters are continuously striving to improve their efficiency by means of technology adaptation. Logistics companies are investing significantly in technologies to deliver the best. The IoT and blockchain are emerging in logistics. Blockchain provides faster and leaner logistics. The technology also helps in improving transparency and traceability in supply chains. Perishable transporters that adopt these IT infrastructures have a competitive edge over their competitors. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download A Free PDF Sample Report

Technavio has announced its latest market research report titled Global Perishable Goods Transportation Market 2022-2026

Perishable Goods Transportation Market 2022-2026: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The perishable goods transportation market report covers the following areas:

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Perishable Goods Transportation Market 2022-2026: Segmentation

The global perishable goods transportation market is segmented as below:

End-user

MPS
Dairy
Fruits and Vegetables
Bakery and Confectionery

The market will observe significant growth in the MPS segment over the forecast period. This category of perishable goods is more susceptible to microbial contamination when compared with other food products. Therefore, extra care has to be taken during transportation. These products have to be pre-cooled before moving to containers to retain the same temperature levels. Seafood, meat, and poultry must be carried at regulated temperature levels to preserve quality and freshness. These food products have to be frozen at the given temperature standards.

Geography

North America
Europe
APAC
South America
Middle East and Africa

42% of the market growth will come from APAC during the forecast period. The perishable goods transportation market in APAC is expected to grow at a steady pace during the forecast period, owing to the demand for fresh, convenient, processed, and packaged foods. Another factor driving the demand for the transport of perishable goods in APAC is the change in the dietary and food consumption patterns of people. People have increased the consumption of fruits, vegetables, meat, and fish because of their beneficial aspects. Some developing countries, such as India, have witnessed growth in the working population segment, which has driven the demand for processed vegetables and fruits. Discover other potential segments and regions in the market. Download a Free Sample Report

Perishable Goods Transportation Market 2022-2026: Vendor Analysis

Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

AP Moller Maersk AS, Africa Express Line Ltd., Bay and Bay Transportation, C.H. Robinson Worldwide Inc., CMA CGM Group, Columbian Logistics Network, COSCO Shipping Co., Ltd., CRST International Inc., DB Schenker, Deutsche Post AG, FST Logistics, Hanson Logistics Ltd, Hapag-Lloyd AG, Hellmann Worldwide Logistics SE and Co. KG, Kuehne Nagel International AG, Mitsui O.S.K. Lines Ltd., Swift Cargo Pvt. Ltd., VersaCold Logistics Services, Wincanton Plc, and Orient Overseas International Ltd. are among some of the major market participants.

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Perishable Goods Transportation Market 2022-2026: Key Highlights

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist perishable goods transportation market growth during the next five years
Estimation of the perishable goods transportation market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the perishable goods transportation market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of perishable goods transportation market vendors

Related Reports:

The cold chain logistics market share in North America is expected to increase by USD 64.79 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 11.98%. The increased adoption of sustainable initiatives is notably driving the cold chain logistics market growth in North America, although factors such as operational barriers in cold chain logistics increase costs may impede the market growth.
The connected logistics market is projected to grow by USD 47.08 billion with a CAGR of 22.08% during the forecast period 2021 to 2026. The effective management of temperature-sensitive products is one of the key drivers supporting the connected logistics market's growth. Technical glitches will reduce the growth potential in the market.

Perishable Goods Transportation Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 7.22%
Market growth 2022-2026	USD 6.43 billion
Market structure	Fragmented
YoY growth (%)	6.17
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	APAC at 42%
Key consumer countries	US, China, India, UK, and Germany
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	AP Moller Maersk AS, Africa Express Line Ltd., Bay and Bay Transportation, C.H. Robinson Worldwide Inc., CMA CGM Group, Columbian Logistics Network, COSCO Shipping Co., Ltd., CRST International Inc., DB Schenker, Deutsche Post AG, FST Logistics, Hanson Logistics Ltd, Hapag-Lloyd AG, Hellmann Worldwide Logistics SE and Co. KG, Kuehne Nagel International AG, Mitsui O.S.K. Lines Ltd., Swift Cargo Pvt. Ltd., VersaCold Logistics Services, Wincanton Plc, and Orient Overseas International Ltd.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

5.1 Market segments

Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

5.2 Comparison by End-user

Exhibit 26: Chart on Comparison by End-user
Exhibit 27: Data Table on Comparison by End-user

5.3 MPS - Market size and forecast 2021-2026

Exhibit 28: Chart on MPS - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on MPS - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on MPS - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on MPS - Year-over-year growth 2021-2026 (%)

5.4 Dairy - Market size and forecast 2021-2026

Exhibit 32: Chart on Dairy - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Dairy - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Dairy - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Dairy - Year-over-year growth 2021-2026 (%)

5.5 Fruits and vegetables - Market size and forecast 2021-2026

Exhibit 36: Chart on Fruits and vegetables - Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Fruits and vegetables - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Fruits and vegetables - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Fruits and vegetables - Year-over-year growth 2021-2026 (%)

5.6 Bakery and confectionery - Market size and forecast 2021-2026

Exhibit 40: Chart on Bakery and confectionery - Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on Bakery and confectionery - Market size and forecast 2021-2026 ($ million)
Exhibit 42: Chart on Bakery and confectionery - Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on Bakery and confectionery - Year-over-year growth 2021-2026 (%)

5.7 Market opportunity by End-user

Exhibit 44: Market opportunity by End-user ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 46: Chart on Market share by geography 2021-2026 (%)
Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 48: Chart on Geographic comparison
Exhibit 49: Data Table on Geographic comparison

7.3 North America - Market size and forecast 2021-2026

Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026

Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 APAC - Market size and forecast 2021-2026

Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026

Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026

Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026

Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 Germany - Market size and forecast 2021-2026

Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.11 UK - Market size and forecast 2021-2026

Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.12 India - Market size and forecast 2021-2026

Exhibit 86: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on India - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 91: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 93: Overview on factors of disruption

9.4 Industry risks

Exhibit 94: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 95: Vendors covered

10.2 Market positioning of vendors

Exhibit 96: Matrix on vendor position and classification

10.3 AP Moller Maersk AS

Exhibit 97: AP Moller Maersk AS - Overview
Exhibit 98: AP Moller Maersk AS - Business segments
Exhibit 99: AP Moller Maersk AS - Key offerings
Exhibit 100: AP Moller Maersk AS - Segment focus

10.4 C.H. Robinson Worldwide Inc.

Exhibit 101: C.H. Robinson Worldwide Inc. - Overview
Exhibit 102: C.H. Robinson Worldwide Inc. - Business segments
Exhibit 103: C.H. Robinson Worldwide Inc. - Key news
Exhibit 104: C.H. Robinson Worldwide Inc. - Key offerings
Exhibit 105: C.H. Robinson Worldwide Inc. - Segment focus

10.5 Columbian Logistics Network

Exhibit 106: Columbian Logistics Network - Overview
Exhibit 107: Columbian Logistics Network - Product / Service
Exhibit 108: Columbian Logistics Network - Key offerings

10.6 DB Schenker

Exhibit 109: DB Schenker - Overview
Exhibit 110: DB Schenker - Business segments
Exhibit 111: DB Schenker - Key offerings
Exhibit 112: DB Schenker - Segment focus

10.7 Deutsche Post AG

Exhibit 113: Deutsche Post AG - Overview
Exhibit 114: Deutsche Post AG - Business segments
Exhibit 115: Deutsche Post AG - Key news
Exhibit 116: Deutsche Post AG - Key offerings
Exhibit 117: Deutsche Post AG - Segment focus

10.8 Hanson Logistics Ltd

Exhibit 118: Hanson Logistics Ltd - Overview
Exhibit 119: Hanson Logistics Ltd - Product / Service
Exhibit 120: Hanson Logistics Ltd - Key offerings

10.9 Hapag-Lloyd AG

Exhibit 121: Hapag-Lloyd AG - Overview
Exhibit 122: Hapag-Lloyd AG - Business segments
Exhibit 123: Hapag-Lloyd AG - Key offerings
Exhibit 124: Hapag-Lloyd AG - Segment focus

10.10 Hellmann Worldwide Logistics SE and Co. KG

Exhibit 125: Hellmann Worldwide Logistics SE and Co. KG - Overview
Exhibit 126: Hellmann Worldwide Logistics SE and Co. KG - Product / Service
Exhibit 127: Hellmann Worldwide Logistics SE and Co. KG - Key news
Exhibit 128: Hellmann Worldwide Logistics SE and Co. KG - Key offerings

10.11 Kuehne Nagel International AG

Exhibit 129: Kuehne Nagel International AG - Overview
Exhibit 130: Kuehne Nagel International AG - Business segments
Exhibit 131: Kuehne Nagel International AG - Key offerings
Exhibit 132: Kuehne Nagel International AG - Segment focus

10.12 Wincanton Plc

Exhibit 133: Wincanton Plc - Overview
Exhibit 134: Wincanton Plc - Business segments
Exhibit 135: Wincanton Plc - Key offerings
Exhibit 136: Wincanton Plc - Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 137: Inclusions checklist
Exhibit 138: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 139: Currency conversion rates for US$

11.4 Research methodology

Exhibit 140: Research methodology
Exhibit 141: Validation techniques employed for market sizing
Exhibit 142: Information sources

11.5 List of abbreviations

Exhibit 143: List of abbreviations

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