Reefer Market projected to grow for the next 10 years

Despite geopolitical and environmental challenges, population growth in Asia and North America is driving future demand, with Reefer volumes expected to grow at a 2.2% CAGR through 2028. Asia leads global Reefer imports, accounting for 35% of the market, with Oceania as the fastest-growing region. Reefer containerization dominates, with 89% of reefer cargo moved in containers by 2024.