Market Size and Growth

Market Size in 2024: USD 123.5 Million

Market Forecast in 2033: USD 197.3 Million

Market Growth Rate: 4.80% (2025-2033)

According to the latest report by IMARC Group, the Mexico refrigerated truck market size reached USD 123.5 million in 2024. Looking forward, IMARC Group expects the market to reach USD 197.3 million by 2033, exhibiting a CAGR of 4.80% from 2025 to 2033.

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Mexico Refrigerated Truck Industry Trends and Drivers

The Mexican market for refrigerated trucks is growing strongly. This growth is largely a function of increasing cold chain logistics requirements in important segments. With both food processing and pharma growing in Mexico there is an increasing need for sustainable temperature-controlled transportation solutions. The new USMCA agreement has created more trade activity across borders and is bringing in more shipments of perishables goods, especially fresh commodities and dairy products. More responsive domestic demand from the growing middle class is also increasing consumption of frozen and refrigerated products and advancing the market. The growing demand for better technologies from manufacturers has also contributed to market development with more energy efficient refrigeration systems, real time automated temperature monitoring etc. The trend toward sustainability is also increasingly evident in alternative fuel vehicles being adopted by logistics providers.

Mexico Refrigerated Truck Market Segmentation

The market report offers a comprehensive analysis of the segments, highlighting those with the largest Mexico refrigerated truck market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments:

Type Insights:

• Light Commercial Vehicle

• Medium Commercial Vehicle

• Heavy Commercial Vehicle

Tonnage Capacity Insights:

• Less than 10 Tons

• 10-20 Tons

• More than 20 Tons

Application Insights:

• Food and Beverages

• Pharmaceutical Products

• Chemicals

• Others

Regional Insights:

• Northern Mexico

• Central Mexico

• Southern Mexico

• Others

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Competitive Landscape

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of major companies in the Mexico refrigerated truck industry.

Key Highlights of the Report:

• Market Performance (2019-2024)

• Market Outlook (2025-2033)

• COVID-19 Impact on the Market

• Porter’s Five Forces Analysis

• Strategic Recommendations

• Historical, Current, and Future Market Trends

• Market Drivers and Success Factors

• SWOT Analysis

• Structure of the Market

• Value Chain Analysis

• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.