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Global Refrigerated Truck Rental Market Size study & Forecast, by Truck Type (Light, Medium, and Heavy), by Rental Type (Short-term, and Long-term), by Downstream Field (Food and Beverages, Retail, and Others) and Regional Analysis, 2022-2029

January 2023 | 200 pages | ID: G8E05E8307F8EN
Bizwit Research & Consulting LLP

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Global Refrigerated Truck Rental Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Refrigerated Truck Rental is a type of logistics and transportation service offered by logistics service providers for shipping perishable and temperature-sensitive products. These trucks are attached to refrigerate systems to maintain the required temperature. These trucks are used in different industries such as pharmaceuticals and healthcare, food and beverages, seafood and frozen food, and cosmetics & personal care among others. The increasing expansion of cold chain logistics market and growing penetration of e-commerce services worldwide as well as strategic initiatives from leading market players are key factors accelerating the market growth.

The increasing expansion of cold chain logistics infrastructure is contributing to the growth of the Global Refrigerated Truck Rental Market. For instance, according to Statista – in 2020, the global cold chain logistics market was valued at USD 248.4 billion, and this number is projected to grow to USD 410 billion by 2028. Moreover, as per Statista – in 2020, the global healthcare cold chain logistics market was estimated at USD 11.3 billion, and as per projections by 2026, the global healthcare cold chain logistics market would grow to USD 17.4 billion. Also, rising technological advancements in truck fleet management and growing consumption of frozen food products would create a lucrative growth prospectus for the market over the forecast period. However, the high rental cost associated with Refrigerated Truck Rental and increasing concern over carbon footprint stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Refrigerated Truck Rental Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players and increasing demand for frozen food products, coupled with rising demand for seafood in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising expansion of healthcare and pharmaceuticals and increasing demand for cosmetics and personal care products in the region.

Major market players included in this report are:
Ryder System Inc.
Fraikin Limited
Penske Corporation, Inc.
Petit Forestier
The Hertz Corporation
Polar Leasing, Inc.
U-COOL Refrigeration, LLC
ReeferTek USA, Corp
KookMate
Innocool

Recent Developments in the Market:
In December 2020, Europe based refrigerated truck rental company Petit Forestier Group partnered with Volvo Group to procure 1,000 full-electric Volta trucks to be used for the development of a fleet of refrigerated trucks.

Global Refrigerated Truck Rental Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Truck Type, Rental Type, Downstream Field, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Truck Type
Light
Medium
Heavy

By Rental Type
Short-term
Long-term

By Downstream Field
Food and Beverages
Retail
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Refrigerated Truck Rental Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Refrigerated Truck Rental Market, by Truck Type, 2019-2029 (USD Billion)
  1.2.3. Refrigerated Truck Rental Market, by Rental Type, 2019-2029 (USD Billion)
  1.2.4. Refrigerated Truck Rental Market, by Downstream Field, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL REFRIGERATED TRUCK RENTAL MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL REFRIGERATED TRUCK RENTAL MARKET DYNAMICS

3.1. Refrigerated Truck Rental Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Increasing expansion of cold chain logistics market
    3.1.1.2. Growing penetration of e-commerce services worldwide
    3.1.1.3. Strategic initiatives from leading market players
  3.1.2. Market Challenges
    3.1.2.1. Rising concern over carbon footprint issues
  3.1.3. Market Opportunities
    3.1.3.1. Rising technological advancements in truck fleet management
    3.1.3.2. Growing consumption of frozen food products

CHAPTER 4. GLOBAL REFRIGERATED TRUCK RENTAL MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL REFRIGERATED TRUCK RENTAL MARKET, BY TRUCK TYPE

6.1. Market Snapshot
6.2. Global Refrigerated Truck Rental Market by Truck Type, Performance - Potential Analysis
6.3. Global Refrigerated Truck Rental Market Estimates & Forecasts by Truck Type 2019-2029 (USD Billion)
6.4. Refrigerated Truck Rental Market, Sub Segment Analysis
  6.4.1. Light
  6.4.2. Medium
  6.4.3. Heavy

CHAPTER 7. GLOBAL REFRIGERATED TRUCK RENTAL MARKET, BY RENTAL TYPE

7.1. Market Snapshot
7.2. Global Refrigerated Truck Rental Market by Rental Type, Performance - Potential Analysis
7.3. Global Refrigerated Truck Rental Market Estimates & Forecasts by Rental Type 2019-2029 (USD Billion)
7.4. Refrigerated Truck Rental Market, Sub Segment Analysis
  7.4.1. Short-term
  7.4.2. Long-term

CHAPTER 8. GLOBAL REFRIGERATED TRUCK RENTAL MARKET, BY DOWNSTREAM FIELD

8.1. Market Snapshot
8.2. Global Refrigerated Truck Rental Market by Downstream Field, Performance - Potential Analysis
8.3. Global Refrigerated Truck Rental Market Estimates & Forecasts by Downstream Field 2019-2029 (USD Billion)
8.4. Refrigerated Truck Rental Market, Sub Segment Analysis
  8.4.1. Food and Beverages
  8.4.2. Retail
  8.4.3. Others

CHAPTER 9. GLOBAL REFRIGERATED TRUCK RENTAL MARKET, REGIONAL ANALYSIS

9.1. Refrigerated Truck Rental Market, Regional Market Snapshot
9.2. North America Refrigerated Truck Rental Market
  9.2.1. U.S. Refrigerated Truck Rental Market
    9.2.1.1. Truck Type breakdown estimates & forecasts, 2019-2029
    9.2.1.2. Rental Type breakdown estimates & forecasts, 2019-2029
    9.2.1.3. Downstream Field breakdown estimates & forecasts, 2019-2029
  9.2.2. Canada Refrigerated Truck Rental Market
9.3. Europe Refrigerated Truck Rental Market Snapshot
  9.3.1. U.K. Refrigerated Truck Rental Market
  9.3.2. Germany Refrigerated Truck Rental Market
  9.3.3. France Refrigerated Truck Rental Market
  9.3.4. Spain Refrigerated Truck Rental Market
  9.3.5. Italy Refrigerated Truck Rental Market
  9.3.6. Rest of Europe Refrigerated Truck Rental Market
9.4. Asia-Pacific Refrigerated Truck Rental Market Snapshot
  9.4.1. China Refrigerated Truck Rental Market
  9.4.2. India Refrigerated Truck Rental Market
  9.4.3. Japan Refrigerated Truck Rental Market
  9.4.4. Australia Refrigerated Truck Rental Market
  9.4.5. South Korea Refrigerated Truck Rental Market
  9.4.6. Rest of Asia Pacific Refrigerated Truck Rental Market
9.5. Latin America Refrigerated Truck Rental Market Snapshot
  9.5.1. Brazil Refrigerated Truck Rental Market
  9.5.2. Mexico Refrigerated Truck Rental Market
  9.5.3. Rest of Latin America Refrigerated Truck Rental Market
9.6. Rest of The World Refrigerated Truck Rental Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. Ryder System Inc.
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. Fraikin Limited
  10.2.3. Penske Corporation, Inc.
  10.2.4. Petit Forestier
  10.2.5. The Hertz Corporation
  10.2.6. Polar Leasing, Inc.
  10.2.7. U-COOL Refrigeration, LLC
  10.2.8. ReeferTek USA, Corp
  10.2.9. KookMate
  10.2.10. Innocool

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Refrigerated Truck Rental Market, report scope
TABLE 2. Global Refrigerated Truck Rental Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Refrigerated Truck Rental Market estimates & forecasts by Truck Type 2019-2029 (USD Billion)
TABLE 4. Global Refrigerated Truck Rental Market estimates & forecasts by Rental Type 2019-2029 (USD Billion)
TABLE 5. Global Refrigerated Truck Rental Market estimates & forecasts by Downstream Field 2019-2029 (USD Billion)
TABLE 6. Global Refrigerated Truck Rental Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Refrigerated Truck Rental Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Refrigerated Truck Rental Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Refrigerated Truck Rental Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Refrigerated Truck Rental Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Refrigerated Truck Rental Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Refrigerated Truck Rental Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Refrigerated Truck Rental Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Refrigerated Truck Rental Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Refrigerated Truck Rental Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Refrigerated Truck Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Refrigerated Truck Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Refrigerated Truck Rental Market
TABLE 71. List of primary sources, used in the study of global Refrigerated Truck Rental Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Refrigerated Truck Rental Market, research methodology
FIG 2. Global Refrigerated Truck Rental Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Refrigerated Truck Rental Market, key trends 2021
FIG 5. Global Refrigerated Truck Rental Market, growth prospects 2022-2029
FIG 6. Global Refrigerated Truck Rental Market, porters 5 force model
FIG 7. Global Refrigerated Truck Rental Market, pest analysis
FIG 8. Global Refrigerated Truck Rental Market, value chain analysis
FIG 9. Global Refrigerated Truck Rental Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Refrigerated Truck Rental Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Refrigerated Truck Rental Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Refrigerated Truck Rental Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Refrigerated Truck Rental Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Refrigerated Truck Rental Market, regional snapshot 2019 & 2029
FIG 15. North America Refrigerated Truck Rental Market 2019 & 2029 (USD Billion)
FIG 16. Europe Refrigerated Truck Rental Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Refrigerated Truck Rental Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Refrigerated Truck Rental Market 2019 & 2029 (USD Billion)
FIG 19. Global Refrigerated Truck Rental Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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