Tag Archives: Refrigerated Transport

Protek Pharma Worldwide Prepped to Take Europe By Storm

The launch of the 2,300m2 Verona production facility is a gamechanger in reach and service of European markets.

Protek has a continuing commitment to global manufacturing and availability worldwide. The company takes customer feedback seriously and is excited and proud to announce the
official opening of their new 2,300 square meter, state of the art production facility in Verona, Italy. Commission of a fully-automated, 2.75 meter wide extruder was completed in January
with capacity of over 20 million square meters annually.

As regulations increase, so do the requirements for Thermal Solutions protecting time and temperature sensitive commodities.

Scott Pierce, COO of Protek Pharma Worldwide explains the importance of the new facility, “At Protek, we understand the importance of regional availability for approved products and our
mission is to be aligned with our customers, offering the full range of SureTemp® insulated products.

We see this new European facility as fundamental and the natural next step to further extend our reach and support for our global customers, in addition to our existing manufacturing sites in North America, Vietnam and Australia.”

About Protek Cargo EU Protek Cargo manufactures industry leading passive temperature protection solutions for product distribution via Air, Ocean, Ground and Intermodal transport modes. Protek services the Beverage, Perishables, Pharmaceutical and Industrial markets. We provide stock and custom engineered designs using advanced materials, including proprietary Phase Change Material (PCM) enhanced Pallet Covers.

With our 50 years of combined expertise in manufacturing thermal insulated shipping components and solutions, Protek serves as experts throughout each phase of design, qualification and launch. Protek offers a consultative approach that preserves product integrity and ensures that goods are delivered in the most controlled, compliant, and cost-effective way possible.

Uniform global sourcing from plants in the Americas, Europe and Asia ensure quality control and stable supply. Experienced Reuse/Recycle management programs create additional
operational savings and lower packaging’s environmental impact

Global Cold Chain Market: Drivers, Restraint & Future Growth

The cold chain market is projected to grow at a CAGR of 7.0%, in terms of value, from 2017 to reach a projected value of USD 271.30 Billion by 2022.

To know about the assumptions considered for the study, Get Free Sample of the Report@ https://tinyurl.com/yd9mff3q

Growth Drivers:

  • The growing consumer demand for perishable foods
  • Growth of international trade due to trade liberalization
  • Expansion of food retail chains by multinationals

The Market is Dominated by Five Global Players:

  • Americold Logistics (U.S.)
  • Preferred Freezer Services (U.S.)
  • Burris Logistics (U.S.)
  • Lineage Logistics Holding LLC (U.S.)
  • and Nichirei Logistics Group Inc. (Japan)

Download PDF Brochure@ https://tinyurl.com/y8ystres

Restraint Factor

  • High energy & infrastructure costs are the growing concerns for cold chain service providers and environmental concerns regarding greenhouse gas emissions restrains the total market for coldchain.

 Regional Insight:

  • The cold chain market is experiencing high growth, particularly in the Asia-Pacific region. The Asia-Pacific region is projected to be the fastest growing segment from 2017 to 2022.
  • Also, Asia-Pacific is estimated to account for the largest market share in refrigerated storage and refrigerated transport in 2017.

Refrigerated Transport Market to Reach 14.1 Billion USD by 2020

The report Refrigerated Transport Market by Commodity Type (Chilled & Frozen), Mode of Transportation (road Sea, Rail, Air), Vehicle Type (LCV, MHCV, HCV), Technology (Vapour Compression Systems & Cryogenic systems), & by Region – Global Forecast to 2020”, classifies and defines the refrigerated transport market in terms of value and volume. The report highlights potential growth opportunities in the coming years as well as covers review of the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to the refrigerated transport market. It also focuses on key market players and their strategies, along with recent developments.

Download PDF brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=779494

The market size for the refrigerated vehicle market is projected to reach USD 14.1 Billion by 2020 witnessing a CAGR of 6.27% during the forecast period. The market size, in terms of volume, for the refrigerated transport, by perishable commodities is projected to a CAGR of 2.53% to 3.01 Billion tons during the forecast period.

The refrigerated vehicle market is dominated by few top players such as

  • China International Marine Containers (Group) Co. Ltd. (China)
  • United Technologies Corporation (U.S.)
  • Ingersoll Rand Inc.
  • (Ireland), Utility Trailer Manufacturing Company (U.S.)
  • Daikin industries Limited (Japan), along with regional suppliers.

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Increasing concerns for food safety will spur the demand for refrigerated vehicles

Refrigerated transportation is a critical link in the overall cold chain logistic operations. The localization of perishable commodities, growing population, coupled with rise in freight transportation due to economic development, has fueled the market for refrigerated transportation. Freight operators have also invested in the replacement of the equipment used for refrigerated transportation. In countries such as China and India, the current vehicle fleet is proving to be insufficient, given the high levels of population and rising per capita income. Government is facing a challenge of food wastage and initiatives are being undertaken by various government agencies to preserve the quality of the food during storage and distribution. Quality of food consumed is also a priority for the end users in the wake of increasing income. Initiatives for food security and changing perceptions of the end users are estimated to drive the demand for refrigerated vehicles.

Increase in Demand for Frozen Perishables

Globally, shifts in economic, social, and demographic trends are bound to put pressure on food suppliers. These changes will reshape the consumption pattern and consumer perception of frozen foods. The projected growth of frozen foods is promising, with growth opportunities from emerging markets such as the countries of the Asia Pacific, Latin America, and Eastern Europe.

As frozen foods have a longer shelf life, they are preferred when climatic conditions affect crop productivity. Food manufacturers include frozen foods in processed and packaged foods to provide consumers with food products at affordable prices. Freezing techniques provide the perfect solution to move food from the farmer’s market to the supermarket by improving affordability, accessibility, and preventing loss of food.

In the frozen food category, there is a huge opportunity in developing countries and developed countries. In developing markets such as India, China, and Latin American countries, the growing incomes are leading to growth in the middle-class population who are eager to try out different ethnic and international cuisine. The growth of service sectors such as fast food chains, quick service restaurants, and hypermarkets are accelerating the growth of frozen foods.