Satisfying reefer needs

Operators react to the rapid growth and growing complexity of the reefer market.

The rapid expansion of the container reefer market is placing pressure on terminal space and power capacity as well as prompting complementary technical innovation along the supply chain. The global refrigerated container market is growing strongly on the back of the rising demand for temperature-controlled goods. Identec Solutions says that the reefer market value was estimated at around US$10.8 billion in 2024 and is projected to reach US$16.2 billion by 2030, representing a compound annual growth rate (CAGR) of approximately 7%. It adds that analysts estimate that the market for refrigerated containers (in terms of value, not just quantity) will grow from around US$13.8 billion in 2024 to over US$26.5 billion in 2032. With the rise in refrigerated container volumes, advanced technology, and stricter emissions targets, terminals are increasingly boosting their power capacity, electrical infrastructure, and usage. Real-time monitoring and digital tools are now essential, as growing supply chain complexity puts a premium on reliable power, data management, and maintenance. The company-by-company accounts below show how terminals and refrigeration system providers are working to meet these requirements.

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