Reefer Container Market Volume is Growing
Demand for shipping fresh food by sea is twice as high as for other products, Delurie Shipping analysts have found. Reefers, or refrigerated containers, can keep food fresh for up to a month or more, facilitating distributors' ability to ship fresh products like orange juice and lobster around the world. In the past, only large banana dealers like Chiquita Brands International have been able to pay for large refrigerated bays on cargo ships, purchasing space to transport bananas. In addition, the increasing wealth of populations around the world, particularly in Asia, has fueled demand for higher-value foods. For the growing middle class, basic foods such as rice are no longer enough to satisfy their needs. They need more fruits, vegetables, and fresh meats, which will facilitate the entire industry to transport more products that require refrigerated management. Reefer containers account for 7% of total container volume, but demand has been increasing at an average annual growth r...
