Saudi Arabia Refrigerated Trucks Market

Saudi Arabia Refrigerated Trucks Market Overview:

The Saudi Arabia refrigerated trucks market size reached USD 92.6 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 141.1 Million by ​2033​, exhibiting a growth rate (CAGR) of 4.3% during 2025-2033. The market share is expanding, driven by the growing adoption of online grocery shopping and food delivery services, along with the rising need for reliable transportation solutions that prevent spoilage and contamination of pharmaceutical items.

Saudi Arabia Refrigerated Trucks Market Trends:

Increasing need for convenience

Rising requirement for convenience is offering a favorable Saudi Arabia refrigerated trucks market outlook. With a high working population, there is a growing demand for ready-to-eat (RTE) meals, fresh items, and frozen food products, which require temperature-controlled transportation. As per the information provided on the official websites of the CEIC, in September 2024, the number of employed persons in Saudi Arabia was reported to be 17,181,335.000. It noted a rise from the earlier figure of 16,864,059.000 individuals for June 2024. As urban areas are expanding, people are expecting quick access to these goods, which requires a well-developed cold chain logistics system. Refrigerated trucks play a vital role in delivering fresh and frozen items to retail outlets, supermarkets, and homes across the country. The demand for convenience is also increasing with the rising adoption of online grocery shopping and food delivery services, further creating the need for refrigerated transport. Additionally, the busy lifestyles of individuals in Saudi Arabia are leading to a higher reliance on home delivery services, which, in turn, is catalyzing the demand for refrigerated trucks capable of maintaining the quality and safety of temperature-sensitive products.

Growing demand for pharmaceutical products

The escalating demand for pharmaceutical products is fueling the Saudi Arabia refrigerated trucks market growth. Many pharmaceutical items, including vaccines, insulin, and biological products, require strict temperature control during storage and transport to maintain their effectiveness and safety. Refrigerated trucks play a key role in enabling this cold chain logistics, ensuring timely and secure delivery to hospitals, pharmacies, and clinics across the country. As the demand for essential medicines is rising, the need for reliable transportation solutions that prevent spoilage and contamination is increasing. Saudi Arabia’s expanding pharmaceutical manufacturing and import activities are encouraging logistics networks to deliver products quickly and in perfect condition. With urban centers broadening and healthcare access improving in rural areas, the requirement for efficient delivery systems is rising, further promoting the use of refrigerated trucks. The government’s continued investments in healthcare infrastructure and vaccination programs are also contributing to this demand. Pharmaceutical companies rely on these vehicles to comply with regulations and maintain high quality standards in distribution. As the pharmaceutical industry is thriving in the country, refrigerated trucks are becoming more essential for the safe delivery of items. According to the IMARC Group, the Saudi Arabia pharmaceuticals market is set to attain USD 11.7 Billion by 2033, exhibiting a growth rate (CAGR) of 2.27% during 2025-2033.

Saudi Arabia Refrigerated Trucks Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on type, tonnage capacity, and application.

Type Insights:

• Light Commercial Vehicle
• Medium Commercial Vehicle
• Heavy Commercial Vehicle

The report has provided a detailed breakup and analysis of the market based on the type. This includes light commercial vehicle, medium commercial vehicle, and heavy commercial vehicle.

Tonnage Capacity Insights:

• Less Than 10 Tons
• 10-20 Tons
• More Than 20 Tons

A detailed breakup and analysis of the market based on the tonnage capacity have also been provided in the report. This includes less than 10 tons, 10-20 tons, and more than 20 tons.

Application Insights:

• Food and Beverage
• Pharmaceuticals
• Chemicals
• Others

The report has provided a detailed breakup and analysis of the market based on the application. This includes food and beverage, pharmaceuticals, chemicals, and others.

Regional Insights:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Saudi Arabia Refrigerated Trucks Market News:

• In June 2024, ISUZU introduced its new range of freezer trucks, aiming to transform temperature-controlled logistics throughout the Kingdom of Saudi Arabia. The launch of these state-of-the-art vehicles was expected to improve the efficiency and dependability of Saudi Arabia’s cold chain logistics, an essential part for several sectors, such as food, pharmaceuticals, and chemicals. The freezer trucks featured advanced cooling technology that guaranteed ideal temperature regulation, even under the intense heat of the Saudi desert.
• In January 2024, CoRed Sea Global became the first firm to implement low-carbon biofuel across all delivery trucks in Saudi Arabia. It had a fleet consisting of six 8-Ton refrigerated trucks and three 3.5-Ton refrigerated trucks, all powered by biofuel. Each vehicle was fitted with a chip that tracked the daily biofuel utilization.

Saudi Arabia Refrigerated Trucks Market Report Coverage:

Key Questions Answered in This Report:

• How has the Saudi Arabia refrigerated trucks market performed so far and how will it perform in the coming years?
• What is the breakup of the Saudi Arabia refrigerated trucks market on the basis of type?
• What is the breakup of the Saudi Arabia refrigerated trucks market on the basis of tonnage capacity?
• What is the breakup of the Saudi Arabia refrigerated trucks market on the basis of application?
• What is the breakup of the Saudi Arabia refrigerated trucks market on the basis of region?
• What are the various stages in the value chain of the Saudi Arabia refrigerated trucks market? 
• What are the key driving factors and challenges in the Saudi Arabia refrigerated trucks market?
• What is the structure of the Saudi Arabia refrigerated trucks market and who are the key players?
• What is the degree of competition in the Saudi Arabia refrigerated trucks market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Saudi Arabia refrigerated trucks market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia refrigerated trucks market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Saudi Arabia refrigerated trucks industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.