Middle East Refrigerated Truck Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Middle East Refrigerated Truck Market Report is Segmented by Vehicle Type (Light Commercial Vehicle (LCV), Medium Commercial Vehicle (MCV), and Heavy Commercial Vehicle (HCV)), by Tonnage Capacity(Less Than 10 Tons, 10-20 Tons, More Than 20 Tons), by End User(Food and Beverages, Agriculture, Healthcare and Pharmaceuticals, Other End Users), by Country (United Arab Emirates, Saudi Arabia, Egypt, South Africa, Rest of Middle-East). The Report Offers the Market Size and Forecast of the Middle East Refrigerated Truck Market in Value (USD Million) for all the Segments Mentioned Earlier.

Middle East Refrigerated Truck Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Middle East Refrigerated Truck Market Size

Middle East Refrigerated Truck Market Summary
Study Period 2024 - 2030
Market Size (2025) USD 0.88 Billion
Market Size (2030) USD 1.10 Billion
CAGR (2025 - 2030) 4.60 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Middle East Refrigerated Truck Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Middle East Refrigerated Truck Market Analysis

The Middle East Refrigerated Truck Market size is estimated at USD 0.88 billion in 2025, and is expected to reach USD 1.10 billion by 2030, at a CAGR of 4.6% during the forecast period (2025-2030).

The Middle East refrigerated truck market is driven by several factors, including the region's rapid urbanization, increasing food demand, and the growing e-commerce sector. With a burgeoning population, there is a significant need for efficient cold-chain logistics to transport perishable goods across the region, such as fruits, vegetables, and pharmaceuticals. This has led to a rise in demand for refrigerated trucks that can maintain the quality and freshness of these products during transit. Additionally, the increasing awareness about food safety and the need for temperature-controlled transportation further propels the growth of the refrigerated truck market in the Middle East. As of 2022, the leading producer of heavy trucks in the Middle Eastern region was Turkey, with over 46.5 thousand units. In comparison, Iran produced approximately 12.5 thousand heavy trucks that year.

Besides, one of the primary challenges is the extreme weather conditions in the region, which puts immense pressure on the refrigeration systems of trucks. This necessitates frequent maintenance and repair, increasing operational costs for trucking companies. Moreover, the lack of proper infrastructure for cold-chain logistics, such as temperature-controlled warehouses and distribution centers, can hinder the market's growth. However, these challenges also present opportunities for market players. The need for more robust and efficient refrigeration systems has led to innovation in technology, with manufacturers focusing on developing trucks with better insulation, energy-efficient engines, and advanced temperature control systems. Furthermore, the lack of proper infrastructure creates a potential market for private players to invest in building and managing temperature-controlled warehouses and distribution centers, thus improving the overall cold-chain logistics in the region.

Saudi Arabia, the largest economy in the Middle East, holds immense potential for the growth of the refrigerated truck market. With the government's Vision 2030 initiative focusing on diversifying the economy and increasing private sector participation, there is a growing demand for efficient cold-chain logistics to support the expanding food and pharmaceutical industries. Moreover, the increasing adoption of e-commerce in the country further boosts the demand for temperature-controlled transportation. In October 2022, the Crown Prince launched the Global Supply Chain Resilience Initiative (GSCRI) to attract local and international investments in the supply chain sector. The initiative aims to raise SAR 40 billion (USD 10.64 billion) in its first two years and offers investors 10 billion riyals in financial and non-financial incentives. Such an initiative will surely help increase refrigerated truck sales in the coming years.

In the future, OEMs are actively developing advanced trucks, and the future of the Middle East refrigerated truck market looks promising, given the government's initiatives and the growing demand for efficient cold-chain logistics.

Middle East Refrigerated Truck Industry Overview

The Middle East refrigerated truck exhibits a moderately consolidated landscape, dominated by a few major global players such as Carrier, Thermo King, Daikin, Frigoblock, Zanotti, Foton Group, ISUZU, TSSC (Harwal Group), Carrier, KRONE, Schmitz Cargobull, and others. These companies have established a stronghold in the market through extensive product portfolios, technological advancements, and strategic collaborations.

• In December 2023, Carrier Transicold came under significant collaboration with GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit) to accelerate cold chain development and decarbonization in Costa Rica and South Africa. This partnership aims to reduce greenhouse gas emissions and improve food safety and quality in these countries.

• In October 2023, Thermo King introduced an alternative for large truck diesel refrigeration systems. This new offering is designed to minimize environmental impact and improve overall efficiency in the transportation sector.

• In April 2023, Carrier Transicold, a leading transport and refrigeration solutions provider, announced its contribution to France's first electric hydrogen-powered truck. This innovative project aims to reduce carbon emissions and promote sustainable transportation.

• In April 2023, Thermo King entered into a long-term agreement with ZF, a global technology company. The collaboration aims to develop advanced vehicle systems and improve overall efficiency in the transportation industry.

Middle East Refrigerated Truck Market Leaders

  1. Thermo King

  2. Daikin

  3. Carrier

  4. Frigoblock

  5. Zanotti

  6. *Disclaimer: Major Players sorted in no particular order
Middle East Refrigerated Truck Market Concentration
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Middle East Refrigerated Truck Market News

January 2024: HummingbirdEV planned to establish a micro-factory in the United Arab Emirates for its zero-emission commercial vehicles. Initially, the company will address the increasing need for mid-mile and last-mile vehicle operations in the region, including refrigerated trucks. This move aims to contribute to the growing demand for environmentally friendly transportation solutions.

July 2023: Lecitrailer, Carrier Transicold, and VALX joined forces to launch a new refrigerated semi-trailer, combining their expertise to deliver a high-performance, energy-efficient, and environmentally friendly solution for the cold chain transportation sector. This innovative collaboration showcases the companies' dedication to advancing technology and sustainability in the industry.

November 2022: Daikin unveiled its new monoblock refrigeration solution at Gulfood Manufacturing 2022. This cutting-edge technology promises to optimize energy consumption and contribute to a more sustainable food supply chain.

October 2022: Daikin expanded its presence by launching a new factory in Saudi Arabia. The state-of-the-art facility will contribute to the company's growth and support the regional demand for advanced cooling solutions.

March 2022: TFMO, a leading French transport and logistics company, equipped one of its plug-in hybrid trucks with Carrier Transicold's all-electric refrigeration solutions. This innovative move demonstrates TFMO's commitment to reducing its carbon footprint and promoting sustainable transport solutions in the cold chain industry.

Middle East Refrigerated Truck Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growing food and pharmaceutical industries
  • 4.3 Market Restraints
    • 4.3.1 Limited awareness of advanced technology and specialized solutions
  • 4.4 Value Chain / Supply Chain Analysis
  • 4.5 Porters 5 Force Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers/Consumers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitute Products
    • 4.5.5 Intensity of Competitive Rivalry
  • 4.6 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 By Vehicle Type
    • 5.1.1 Light Commercial Vehicle (LCV)
    • 5.1.2 Medium Commercial Vehicle (MCV)
    • 5.1.3 Heavy Commercial Vehicle (HCV)
  • 5.2 By Tonnage Capacity
    • 5.2.1 Less than 10 tons
    • 5.2.2 10-20 tons
    • 5.2.3 More than 20 tons
  • 5.3 By End User
    • 5.3.1 Food and Beverages
    • 5.3.2 Agriculture
    • 5.3.3 Healthcare and Pharmaceuticals
    • 5.3.4 Other End Users
  • 5.4 By Country
    • 5.4.1 United Arab Emirates
    • 5.4.2 Saudi Arabia
    • 5.4.3 Egypt
    • 5.4.4 South Africa
    • 5.4.5 Rest of Middle-East

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Mergers & Acquisitions
  • 6.3 Company Profiles
    • 6.3.1 Carrier Transicold
    • 6.3.2 Thermo King
    • 6.3.3 Daikin
    • 6.3.4 Frigoblock
    • 6.3.5 Zanotti
    • 6.3.6 Foton Group
    • 6.3.7 ISUZU
    • 6.3.8 TSSC (Harwal Group)
    • 6.3.9 Carrier
    • 6.3.10 KRONE
    • 6.3.11 Schmitz Cargobull
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Middle East Refrigerated Truck Industry Segmentation

A refrigerated truck is a specialized truck equipped with temperature-controlled storage and transportation facilities. It is designed to maintain a specific temperature range, typically between -25°C and 25°C, to preserve the quality and safety of temperature-sensitive goods such as perishable food items, pharmaceuticals, and other temperature-dependent products during transit. This ensures the goods reach their destination in optimal condition, minimizing potential losses and maintaining consumer safety.

The Middle East refrigerated truck market is segmented by Vehicle Type (Light Commercial Vehicle (LCV), Medium Commercial Vehicle (MCV), and Heavy Commercial Vehicle (HCV)), by Tonnage Capacity (Less than 10 tons, 10-20 tons, More than 20 tons), by End User (Food and Beverages, Agriculture, Healthcare and Pharmaceuticals, Other End Users), by Country (United Arab Emirates, Saudi Arabia, Egypt, South Africa, and Rest of Middle-East).

For each segment, the market size and forecast were based on the value of USD.

By Vehicle Type Light Commercial Vehicle (LCV)
Medium Commercial Vehicle (MCV)
Heavy Commercial Vehicle (HCV)
By Tonnage Capacity Less than 10 tons
10-20 tons
More than 20 tons
By End User Food and Beverages
Agriculture
Healthcare and Pharmaceuticals
Other End Users
By Country United Arab Emirates
Saudi Arabia
Egypt
South Africa
Rest of Middle-East
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Middle East Refrigerated Truck Market Research FAQs

How big is the Middle East Refrigerated Truck Market?

The Middle East Refrigerated Truck Market size is expected to reach USD 0.88 billion in 2025 and grow at a CAGR of 4.60% to reach USD 1.10 billion by 2030.

What is the current Middle East Refrigerated Truck Market size?

In 2025, the Middle East Refrigerated Truck Market size is expected to reach USD 0.88 billion.

Who are the key players in Middle East Refrigerated Truck Market?

Thermo King, Daikin, Carrier, Frigoblock and Zanotti are the major companies operating in the Middle East Refrigerated Truck Market.

Which is the fastest growing region in Middle East Refrigerated Truck Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Middle East Refrigerated Truck Market?

In 2025, the North America accounts for the largest market share in Middle East Refrigerated Truck Market.

What years does this Middle East Refrigerated Truck Market cover, and what was the market size in 2024?

In 2024, the Middle East Refrigerated Truck Market size was estimated at USD 0.84 billion. The report covers the Middle East Refrigerated Truck Market historical market size for years: 2024. The report also forecasts the Middle East Refrigerated Truck Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Middle East Refrigerated Truck Industry Report

Statistics for the 2025 Middle East Refrigerated Truck market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Middle East Refrigerated Truck analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.