Reefer Container for Pharmaceutical Market Size, Share 2028

Reefer Container for Pharmaceutical Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application Type (Pharmaceutical Preparations, Injectables, Blood Derivatives, Vaccine and Serum, and Others) and Container Size (Small, Medium, and Large)

  • Report Code : TIPRE00009131
  • Category : Automotive and Transportation
  • Status : Published
  • No. of Pages : 192
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The reefer container for pharmaceutical market is expected to reach US$ 6,391.8 million by 2028 from US$ 2,846.7 million in 2021; It is estimated to grow at a CAGR of 12.5% during 2022–2028.

A reefer container is a refrigerated container used in intermodal freight transport in the pharmaceutical industry. It is most widely used for transporting medicines and biological samples (for analysis), vaccines, and blood and its derivatives. A rise in international trade and ease of navigation, and less terminal turnaround time are a few of the prominent factors contributing to the demand for reefer containers in the pharmaceutical industry. Developments in technologies for reefer containers are further bolstering the demand for cold chain facilities. Pharmaceutical reefer units can control the temperature of products and allow shippers to monitor their shipments throughout the journey. These containers are also equipped with sensors to detect small temperature variations and determine if the products are exposed to light, which could trigger alterations in the compositions of certain pharmaceuticals.

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Reefer Container for Pharmaceutical Market: Strategic Insights

reefer-container-for-pharmaceutical-market
Market Size Value inUS$ 2,846.7 Million in 2021
Market Size Value byUS$ 6,391.8 Million by 2028
Growth rateCAGR of 12.5% from 2022 to 2028
Forecast Period2022-2028
Base Year2021
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Impact of COVID-19 Pandemic on Reefer Container for Pharmaceutical Market Growth 

Pharmaceutical cold chains are complex logistics networks with a large ecosystem of suppliers and transportation partners. Reefer containers have played a crucial role in the development and global distribution of COVID-19 vaccines and drugs. Moreover, per the data published by the IBEF, the Indian pharmaceutical industry is expected to grow to US$ 100 billion by 2025 from the current value of US$ 37 billion in 2019. Such uninterrupted developments in this industry and rising demand for therapeutic products are anticipated to boost the demand for reefer containers in the coming years.

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Market Insight – Reefer Container for Pharmaceutical Market

Increasing Demand for Pharmaceutical Products      

 

The increasing number of geriatric populations; growing spending on pharmaceutical products; changing lifestyle habits leading to obesity, diabetes, and other costly health conditions; and rising investments in R&D capabilities are among the major factors contributing to the huge demand for pharmaceutical products across the world. Also, the emergence of the COVID-19 pandemic has fueled the demand for these products, which underlines the need for transportation activities that play an essential role in ensuring the reach of products to consumers. The increased R&D in the pharmaceutical companies has consequently increased the number of vaccines and other drugs synthesized which needs to be stored at appropriate temperatures to maintain viability. Most pharmaceutical products are temperature-sensitive, and therefore, they must be stored and transported in a controlled environment, to maintain their efficacy and safety, which triggers the need for reefer containers.

According to the IQVIA Institute for Human Data Science data published in July 2019, the biopharma industry loses ~US$ 35 billion per year owing to failures in temperature-controlled logistics. Such incidents have created a need for proper temperature-controlled transportation methods, such as reefer containers, to prevent shipment losses. Moreover, with improvements in reefer container technologies and a decrease in the cost of shipping, several pharmaceutical players have started trading overseas to enhance their revenue performances. As per the recent UN study, the population of the 65+ age group is set to rise from 9% to 16% globally, and the population of individuals aged 80 and above is projected to triple by 2050. The incidence of diabetes and many other chronic diseases is expected to surge in several developing markets. As per the International Diabetes Federation, ~537 million adults (20–79 years of age) were living with diabetes in 2021. Also, the total number of people living with diabetes is projected to rise to 643 million by 2030 and 783 million by 2045. Moreover, this number is rising more rapidly in low- and middle-income countries. Thus, the burgeoning need for pharmaceutical products, with the increasing prevalence of chronic diseases, is further strengthening the reefer containers for pharmaceutical market.

Container Size-based Insights

Based on container size, the reefer container for pharmaceutical market is segmented into small containers, medium containers, and large containers. The large containers segment held the largest market share in 2021. Increasing demand for pharmaceutical products and rising scope of large-scale transportation in one go are among the major factors fueling the need for large containers, which is driving the market growth for this segment.

Players operating in the reefer container for pharmaceutical market are mainly focused on the development of advanced and efficient products.

  • In February 2022, CMA CGM launched SMART reefer container. The smart container has tracking capacities and are suitable for monitoring the position and status of the refrigerated goods.
  • In December 2019, Titan and KIRK Kapital entered into agreement for the acquisition of % of stake in Titan's rental fleet business.

The reefer container for pharmaceutical market is bifurcated on the basis of container size and application. Based on container size, the market is segmented into small containers, medium containers, and large containers. Based on application, the market is segmented into pharmaceutical preparations, injectables, blood derivatives, Vaccine and Serum, and others.

The reefer container for pharmaceutical market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, Asia Pacific led the market with a substantial revenue share, followed by Europe and North America. Further, Europe is expected to register the highest CAGR in the market during 2022–2028. The reefer container for pharmaceutical market analysis helps understand the upcoming trends, new technologies, and macro and micro factors that influence the market growth.

BSL REFRIGERATED CONTAINERS; CMA CGM GROUP; KLINGE CORPORATION; DAIKIN INDUSTRIES, LTD.; MAERSK CONTAINER INDUSTRY AS; EVERGREEN MARINE CORP. (TAIWAN) LTD.; SEACO; TITAN CONTAINERS A/S; COSCO SHIPPING; and W&K CONTAINERS, INC. are among the key players profiled in the reefer container for pharmaceutical market study. The market report provides detailed market insights, which would help the key players strategize the growth in the coming years.

Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Application Type, and Container Size

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What is the incremental growth of the reefer container for pharmaceutical market during the forecast period?

The incremental growth of the reefer container for pharmaceutical market is 12.5% during 2022 to 2028.

Which is the leading container size segment in the reefer container for pharmaceutical market?

The Large container segment is holding larger market share during the forecast period.

What will be the global market size for reefer container for pharmaceutical market by 2028?

The global market size for reefer container for pharmaceutical market will be US$ 6,391.8 million in 2028.

Which is the fastest growing regional market?

Asia Pacific region is the fastest growing regional reefer container for pharmaceutical market.

Which countries are registering a high growth rate during the forecast period?

Germany, China and US are the prominent countries registered the highest growth rate of 15%, 19%, and 12% respectively, during the forecast period.

Which are the key players holding the major market share of reefer container for pharmaceutical market?

The key companies operating in the reefer container for pharmaceutical market that are profiled in the report include BSL Refrigerated Containers; CMA CGM Group; Klinge Corporation; DAIKIN INDUSTRIES, Ltd.; MAERSK CONTAINER INDUSTRY AS; Evergreen Marine Corp. (Taiwan) Ltd.; Seaco; TITAN Containers North America LLC; COSCO SHIPPING; W&K Containers, Inc.

What are the future trends of the reefer container for pharmaceutical market?

Smart reefer containers gain demand are the key trending factors driving the market growth.

What are the driving factors impacting the global reefer container for pharmaceutical market?

Rising preference for maritime trade over airborne trade and increasing demand for pharmaceutical products are the key factors driving the reefer container for pharmaceutical market over the forecast period.

What is the estimated global market size for the reefer container for pharmaceutical market in 2021?

The estimated market size for the reefer container for pharmaceutical market was US$ 2,846.7 million in 2021.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Global Reefer Container for Pharmaceutical Market – By Application Type

1.3.2 Global Reefer Container for Pharmaceutical Market – By Container Size

1.3.3 Global Reefer Container for Pharmaceutical Market – By Geography

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Reefer Container for Pharmaceutical Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 APAC

4.2.4 MEA

4.2.5 SAM

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Reefer Container for Pharmaceutical Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Preference for Maritime Trade over Airborne Trade

5.1.2 Increasing Demand for Pharmaceutical Products Drives the Market Growth

5.2 Key Market Restraints

5.2.1 Operational and Financial Challenges Associated with Reefer Containers

5.3 Key Market Opportunities

5.3.1 Developments in cold chain sector present lucrative opportunities

5.4 Trends

5.4.1 Smart reefer containers gain demand

5.5 Impact analysis of Drivers and Restraints

6. Reefer Container for Pharmaceutical Market – Global Market Analysis

6.1 Reefer Container for Pharmaceutical Market Global Overview

6.2 Global Reefer Container for Pharmaceutical Market Forecast and Analysis

6.3 Market Positioning- Top Five Players

7. Reefer Container for Pharmaceutical Market Revenue and Forecast to 2028 – Application Type

7.1 Overview

7.2 Reefer Container for Pharmaceutical Market, By Application Type (2021 And 2028)

7.3 Reefer Container for Pharmaceutical Market, By Application Type (2021 And 2028)

7.4 Pharmaceutical Preparations. 41

7.4.1 Overview.. 41

7.4.2 Pharmaceutical Preparations: Reefer Container for Pharmaceutical Market Revenue and Forecast To 2028 (US$ Million) 42

7.5 Injectables. 43

7.5.1 Overview.. 43

7.5.2 Injectables: Reefer Container for Pharmaceutical Market Revenue and Forecast To 2028 (US$ Million) 43

7.6 Blood Derivatives. 44

7.6.1 Overview.. 44

7.6.2 Blood Derivatives: Reefer Container for Pharmaceutical Market Revenue and Forecast To 2028 (US$ Million) 44

7.7 Vaccine and Serum.. 45

7.7.1 Overview.. 45

7.7.2 Vaccine and Serum: Reefer Container for Pharmaceutical Market Revenue and Forecast To 2028 (US$ Million) 45

7.8 Others. 46

7.8.1 Overview.. 46

7.8.2 Others: Reefer Container for Pharmaceutical Market Revenue and Forecast To 2028 (US$ Million) 46

8. Global Reefer Container for Pharmaceutical Market Analysis – By Container Size

8.1 Overview

8.2 Reefer Container for Pharmaceutical Market, By Container Size (2021 And 2028)

8.3 Small Containers. 48

8.3.1 Overview.. 48

8.3.2 Small Containers: Reefer Container for Pharmaceutical Market Revenue and Forecast To 2028 (US$ Million) 48

8.4 Medium Containers. 49

8.4.1 Overview.. 49

8.4.2 Medium Containers: Reefer Container for Pharmaceutical Market Revenue and Forecast To 2028 (US$ Million) 49

8.5 Large Containers. 50

8.5.1 Overview.. 50

8.5.2 Large Containers: Reefer Container for Pharmaceutical Market Revenue and Forecast To 2028 (US$ Million) 50

9. Reefer Container for Pharmaceutical Market – Geographic Analysis

9.1 Overview

9.2 North America: Reefer Container for Pharmaceutical

9.2.1 North America: Reefer Container for Pharmaceutical – Revenue, and Forecast to 2028 (US$ Million)

9.2.2 North America Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.2.3 North America Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.2.4 North America Reefer Container for Pharmaceutical Market Breakdown, by Country

9.2.4.1 US Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028

9.2.4.1.1 US Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.2.4.1.2 US Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.2.4.2 Canada Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028

9.2.4.2.1 Canada Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.2.4.2.2 Canada Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.2.4.3 Mexico Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028

9.2.4.3.1 Mexico Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.2.4.3.2 Mexico Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.3 Europe: Reefer Container for Pharmaceutical Market

9.3.1 Overview

9.3.2 Europe Reefer Container for Pharmaceutical Market Revenue and Forecast to 2028 (US$ million)

9.3.3 Europe Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.3.4 Europe Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.3.5 Europe Reefer Container for Pharmaceutical Market Breakdown, by Country

9.3.5.1 Germany Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028

9.3.5.1.1 Germany Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.3.5.1.2 Germany Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.3.5.2 France Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028

9.3.5.2.1 France Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.3.5.2.2 France Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.3.5.3 Italy Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028

9.3.5.3.1 Italy Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.3.5.3.2 Italy Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.3.5.4 UK Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028

9.3.5.4.1 UK Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.3.5.4.2 UK Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.3.5.5 Russia Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028

9.3.5.5.1 Russia Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.3.5.5.2 Russia Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.3.5.6 Rest of Europe Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028

9.3.5.6.1 Rest of Europe Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.3.5.6.2 Rest of Europe Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.4 APAC: Reefer Container for Pharmaceutical Market

9.4.1 Overview

9.4.2 APAC Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

9.4.3 APAC Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.4.4 APAC Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.4.5 APAC Reefer Container for Pharmaceutical Market Breakdown, by Country

9.4.5.1 Australia Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

9.4.5.1.1 Australia Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.4.5.1.2 Australia Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.4.5.2 China Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

9.4.5.2.1 China Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.4.5.2.2 China Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.4.5.3 India Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

9.4.5.3.1 India Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.4.5.3.2 India Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.4.5.4 Japan Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

9.4.5.4.1 Japan Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.4.5.4.2 Japan Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.4.5.5 South Korea Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

9.4.5.5.1 South Korea Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.4.5.5.2 South Korea Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.4.5.6 Rest of APAC Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

9.4.5.6.1 Rest of APAC Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.4.5.6.2 Rest of APAC Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.5 MEA: Reefer Container for Pharmaceutical Market

9.5.1 Overview

9.5.2 MEA Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

9.5.3 MEA Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.5.4 MEA Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.5.5 MEA Reefer Container for Pharmaceutical Market Breakdown, By Country

9.5.5.1 Saudi Arabia Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

9.5.5.1.1 Saudi Arabia Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.5.5.1.2 Saudi Arabia Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.5.5.2 UAE Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

9.5.5.2.1 UAE Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.5.5.2.2 UAE Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.5.5.3 South Africa Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

9.5.5.3.1 South Africa Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.5.5.3.2 South Africa Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.5.5.4 Rest of MEA Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

9.5.5.4.1 Rest of MEA Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.5.5.4.2 Rest of MEA Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.6 SAM: Reefer Container for Pharmaceutical Market

9.6.1 Overview

9.6.2 SAM Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

9.6.3 SAM Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.6.4 SAM Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.6.5 SAM Reefer Container for Pharmaceutical Market Breakdown, by Country

9.6.5.1 Brazil Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028

9.6.5.1.1 Brazil Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.6.5.1.2 Brazil Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.6.5.2 Argentina Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028

9.6.5.2.1 Argentina Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.6.5.2.2 Argentina Reefer Container for Pharmaceutical Market Breakdown, By Container Size

9.6.5.3 Rest of SAM Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028

9.6.5.3.1 Rest of SAM Reefer Container for Pharmaceutical Market Breakdown, By Application Type

9.6.5.3.2 Rest of SAM Reefer Container for Pharmaceutical Market Breakdown, By Container Size

10. Impact of COVID-19 Pandemic on Reefer Container for Pharmaceutical Market

10.1 Overview

10.2 North America: Impact Assessment of COVID-19 Pandemic

10.3 Europe: Impact Assessment of COVID-19 Pandemic

10.4 APAC: Impact Assessment of COVID-19 Pandemic

10.5 MEA: Impact Assessment of COVID-19 Pandemic

10.6 SAM: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Market Initiative

11.2 New Development

12. Company Profiles

12.1 BSL REFRIGERATED CONTAINERS

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 CMA CGM GROUP

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 KLINGE CORPORATION.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 DAIKIN INDUSTRIES, LTD.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 MAERSK CONTAINER INDUSTRY AS.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 EVERGREEN MARINE CORP. (TAIWAN) LTD

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 SEACO

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 TITAN CONTAINERS A/S

12.8.1 Business Description

12.8.2 Products and Services

12.8.3 Financial Overview

12.8.4 SWOT Analysis

12.8.5 Key Developments

12.9 COSCO Shipping.

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 W&K CONTAINERS, INC

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

Table 1. Global Reefer Container for Pharmaceutical Market, Revenue and Forecast, 2019–2028 (US$ Million)

Table 2. North America Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 – By Application Type (US$ million)

Table 3. North America Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 – By Container Size (US$ million)

Table 4. North America Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 5. US Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 6. US Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 7. Canada Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 8. Canada Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 9. Mexico Reefer Container for Pharmaceutical Market Breakdown, By Application Type

Table 10. Mexico Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 11. Europe Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 – By Application Type (US$ million)

Table 12. Europe Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 – By Container Size (US$ million)

Table 13. Europe Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 14. Germany Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 15. Germany Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 16. France Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 17. France Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 18. Italy Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 19. Italy Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 20. UK Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 21. UK Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 22. Russia Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 23. Russia Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 24. Rest of Europe Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 25. Rest of Europe Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 26. APAC Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 – By Application Type (US$ million)

Table 27. APAC Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 – By Container Size (US$ million)

Table 28. APAC Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 29. Australia Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 30. Australia Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 31. China Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 32. China Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 33. India Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 34. India Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 35. Japan Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 36. Japan Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 37. South Korea Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 38. South Korea Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 39. Rest of APAC Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 40. Rest of APAC Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 41. MEA Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 – By Application Type (US$ million)

Table 42. MEA Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 – By Container Size (US$ million)

Table 43. MEA Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Country (US$ million)

Table 44. Saudi Arabia Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 45. Saudi Arabia Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 46. UAE Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 47. UAE Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 48. South Africa Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 49. South Africa Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 50. Rest of MEA Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 51. Rest of MEA Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 52. SAM Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 – By Application Type (US$ million)

Table 53. SAM Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 – By Container Size (US$ million)

Table 54. SAM Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 55. Brazil Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 56. Brazil Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 57. Argentina Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 58. Argentina Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 59. Rest of SAM Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Application Type (US$ million)

Table 60. Rest of SAM Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 – By Container Size (US$ million)

Table 61. List of Abbreviation

LIST OF FIGURES

Figure 1. Reefer Container for Pharmaceutical Market Segmentation

Figure 2. Reefer Container for Pharmaceutical Market Segmentation – Geography

Figure 3. Reefer Container for Pharmaceutical Market Overview

Figure 4. Reefer Container for Pharmaceutical Market, By Application Type

Figure 5. Reefer Container for Pharmaceutical Market, By Container Size

Figure 6. Reefer Container for Pharmaceutical Market, By Region

Figure 7. North America: PEST Analysis

Figure 8. Europe: PEST Analysis

Figure 9. APAC: PEST Analysis

Figure 10. MEA: PEST Analysis

Figure 11. SAM: PEST Analysis

Figure 12. Reefer Container for Pharmaceutical Market Ecosystem Analysis

Figure 13. Expert Opinion

Figure 14. Reefer Container for Pharmaceutical Market: Impact Analysis of Drivers and Restraints

Figure 15. Geographic Overview of Reefer Container for Pharmaceutical Market

Figure 16. Global Reefer Container for Pharmaceutical Market, Forecast and Analysis (US$ Million)

Figure 17. Market Positioning- Top Five Players

Figure 18. Reefer Container for Pharmaceutical Market, By Application Type (2021 and 2028)

Figure 19. Reefer Container for Pharmaceutical Market, By Application Type (2021 and 2028)

Figure 20. Pharmaceutical Preparations: Reefer Container for Pharmaceutical Market Revenue and Forecast to 2028 (US$ Million)

Figure 21. Injectables: Reefer Container for Pharmaceutical Market Revenue and Forecast to 2028 (US$ Million)

Figure 22. Blood Derivatives: Reefer Container for Pharmaceutical Market Revenue and Forecast to 2028 (US$ Million)

Figure 23. Vaccine and Serum: Reefer Container for Pharmaceutical Market Revenue and Forecast to 2028 (US$ Million)

Figure 24. Others: Reefer Container for Pharmaceutical Market Revenue and Forecast to 2028 (US$ Million)

Figure 25. Reefer Container for Pharmaceutical Market, By Container Size (2021 and 2028)

Figure 26. Small: Reefer Container for Pharmaceutical Market Revenue and Forecast to 2028 (US$ Million)

Figure 27. Medium: Reefer Container for Pharmaceutical Market Revenue and Forecast to 2028 (US$ Million)

Figure 28. Large: Reefer Container for Pharmaceutical Market Revenue and Forecast to 2028 (US$ Million)

Figure 29. Global Reefer Container for Pharmaceutical Market Revenue Share, By Region (2021 & 2028)

Figure 30. North America Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

Figure 31. North America Reefer Container for Pharmaceutical Market Breakdown, By Application Type, 2021 & 2028 (%)

Figure 32. North America Reefer Container for Pharmaceutical Market Breakdown, By Container Size, 2021 & 2028 (%)

Figure 33. North America Reefer Container for Pharmaceutical Market Breakdown, by Country, 2021 & 2028 (%)

Figure 34. US Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

Figure 35. Canada Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

Figure 36. Mexico Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

Figure 37. Europe Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 (US$ million)

Figure 38. Europe Reefer Container for Pharmaceutical Market Breakdown, By Application Type, 2021 & 2028 (%)

Figure 39. Europe Reefer Container for Pharmaceutical Market Breakdown, By Container Size, 2021 & 2028 (%)

Figure 40. Europe Reefer Container for Pharmaceutical Market Breakdown, by Country, 2018 & 2027(%)

Figure 41. Germany Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

Figure 42. France Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

Figure 43. Italy Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

Figure 44. UK Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

Figure 45. Russia Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

Figure 46. Rest of Europe Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

Figure 47. APAC Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 (US$ million)

Figure 48. APAC Reefer Container for Pharmaceutical Market Breakdown, By Application Type, 2021 & 2028 (%)

Figure 49. APAC Reefer Container for Pharmaceutical Market Breakdown, By Container Size, 2021 & 2028 (%)

Figure 50. APAC Reefer Container for Pharmaceutical Market Breakdown, by Country, 2021 & 2028 (%)

Figure 51. Australia Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 (US$ million)

Figure 52. China Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 (US$ million)

Figure 53. India Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 (US$ million)

Figure 54. Japan Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 (US$ million)

Figure 55. South Korea Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 (US$ million)

Figure 56. Rest of APAC Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 (US$ million)

Figure 57. MEA Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

Figure 58. MEA Reefer Container for Pharmaceutical Market Breakdown, By Application Type, 2021 & 2028 (%)

Figure 59. MEA Reefer Container for Pharmaceutical Market Breakdown, By Container Size, 2021 & 2028 (%)

Figure 60. MEA Reefer Container for Pharmaceutical Market Breakdown, By Country, 2021 & 2028 (%)

Figure 61. Saudi Arabia Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 (US$ million)

Figure 62. UAE Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 (US$ million)

Figure 63. South Africa Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 (US$ million)

Figure 64. Rest of MEA Reefer Container for Pharmaceutical Market, Revenue and Forecast To 2028 (US$ million)

Figure 65. SAM Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

Figure 66. SAM Reefer Container for Pharmaceutical Market Breakdown, By Application Type, 2021 & 2028 (%)

Figure 67. SAM Reefer Container for Pharmaceutical Market Breakdown, By Container Size, 2021 & 2028 (%)

Figure 68. SAM Reefer Container for Pharmaceutical Market Breakdown, by Country, 2021 & 2028 (%)

Figure 69. Brazil Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

Figure 70. Argentina Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

Figure 71. Rest of SAM Reefer Container for Pharmaceutical Market, Revenue and Forecast to 2028 (US$ million)

Figure 72. Impact of COVID-19 Pandemic on North American Country Markets

Figure 73. Impact of COVID-19 Pandemic on European Country Markets

Figure 74. Impact of COVID-19 Pandemic on APAC Country Markets

Figure 75. Impact of COVID-19 Pandemic on MEA Country Markets

Figure 76. Impact of COVID-19 Pandemic on SAM Country Markets

The List of Companies - Reefer Container for Pharmaceutical Market

  1. BSL Refrigerated Containers
  2. CMA CGM Group
  3. Klinge Corporation
  4. DAIKIN INDUSTRIES, Ltd.
  5. MAERSK CONTAINER INDUSTRY AS
  6. Evergreen Marine Corp. (Taiwan) Ltd.
  7. Seaco
  8. TITAN Containers North America LLC
  9. COSCO SHIPPING
  10. W&K Containers, Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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