Global Semitrailer Market: Industry Analysis and Forecast (2019-2027)

Dry van semi-trailers are estimated to dominate the global semitrailer market during the forecast period. The production of dry van semi-trailers increased followed by a flatbed, refrigerated, low boy, others, and tankers. Developing countries in the Asia Pacific regions like China and India have witnessed substantial infrastructural and economic growth, which has augmented the demand for dry van semi-trailers. The growing expansion of the end-user industries like retail, fast moving consumable goods, and fast moving consumable durable industries is driving the market for dry van, predominantly in the Asia Pacific.

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