Global Dry Van Trailers Market Overview 

The Global Dry Van Trailers Market size is estimated to reach $8.56 Billion by 2026, growing at a CAGR of 6.2% over the forecast period of 2021-2026. A dry van trailer is an enclosed container used to transport non-perishable products. These trailers are completely enclosed and shuttered. As a result, freight is safe from outside influences. Because dry vans lack temperature control, they can only use to transport non-perishable commodities. Dry Van Trailers are designed to transport vast commodities, freight, and equipment that do not require refrigeration. The term "dry van" refers to a trailer sheltered from the effects of weather and other factors. The majority of dry van trailers can tow between 43,000 and 45,000 pounds. The rising demand for Freights shipments is driving the growth of Dry Van Trailer over the period 2021-2026. However, an increasing number of fatal crashes are still restraining the demand for the Dry Van Market.

Report Coverage and Scope

The report "Global Dry Van Trailers Market" by Research Informatic covers an in-depth detailed analysis for the following segment covered under the scope.

By Product Type

• 3 - 4 axles
• >4 axles

By Applications

• Heavy Industry
• Construction
• Medical
• Food and Beverages
• Oil and Gas
• Textile Industry
• Others

Geography

• North America
• Europe
• APAC
• RoW

Key Takeaways from Global Dry Van Trailers Market Report:

• Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level – for product type, applications, and by different industry verticals.
• Understand the different dynamics influencing the market – key driving factors, challenges, and hidden opportunities.
• Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Analyze the sales and distribution channels across key geographies to improve top-line revenues.
• Understand the industry supply chain with a deep dive on the value augmentation at each step to optimize value and bring efficiencies in your processes. 
• Get a quick outlook on the market entropy – M&A's, deals, partnerships, product launches of all key players for the past 4 years. 
• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than the top 20 countries globally for the market.

By Product Type, the market for 3-4 axles is estimated to grow at the highest CAGR during the forecast period.

Based on Product Type, Global Dry Van Trailer is segmented into 3-4 axles and 4 axles. 4 axles will hold the largest share in 2020. During the forecast period, the market for 3-4 axles is predicted to develop at the fastest rate of 6.5%. It is especially attributed to the high demand for freight transportation with more than 3-4 axle trailers during the forecast period 2021-2026.

By Applications, Construction is estimated to grow at the highest CAGR during the forecast period.

Food and Beverage dominated the Dry Van Trailer Market in 2020. It is attributed to the growing demand for non-perishable goods during COVID-19 has led to high demand in the Heavy Industry. Furthermore, the supply of foods was important to reach out on a huge scale which requires the dry van to maintain its consistency of freshness throughout. During the projection period, the Construction categories segment of Media Type is predicted to develop at the fastest CAGR of 6.9% over 2021-2026. It is driven by the rising demand for infrastructure, which is creating demand for it. Moreover, dry van trailers are getting used for various supply distribution of construction materials, driving the growth of Construction during the forecast period 2021-2026.

The Asia Pacific to account for the largest market share during the forecast period

North America held the largest share of the Global Dry Van Trailers Market in 2020, with a global market share of 38.1%. The demand is attributed to the majority of players operating in the United States. The North American Free Trade Agreement (NAFTA), which allows free trade between the US, Canada, and Mexico, would lead to increased fleet operations in the region. It is set to create a push in freight transportation due to increased business activities and consumer spending.

The Asia Pacific is set to grow fastest in the forecast period. Factors like an increasing number of players, growing demand in developing countries, especially in China and India, are likely to support the growth of this market. 

Market Dynamics

Driver: Increasing demand in Freight Transportation is driving the market.

Dry vans have been the most commonly used and highly demanded equipment type in freight shipping. These trailers are extremely common; the demand is still high, which often causes the capacity crunch. The crunch is usually caused by the deficit of free dry van trailer capacity. In recent years, there was much more capacity available to the shippers due to the rapid growth of the retail sector, but dry vans remain the most in-demand trailer by default. It is thus driving the demand for dry van trailers in Freight Transportation during 2021-2026.

Challenge: Increasing the number of fatal accidents because of size are limiting the market growth.

Dry vans trailers are the most common equipment for shipments on the road, so a high rate can mainly be explained by the prevalence of dry vans on the roads. The number of heavy trucks involved in fatal collisions jumped 10% from 2016 to 2017, from 4,251 to 4,657, according to the FMCSA, and it is restraining the growth of the market over the period 2021-2026.

Key Market Players

Key Players in Global Dry Van Trailers Market consist of Hyundai Translead, Timpte, Vanguard National Trailer Corp, Trail King, Great Dane LLC, Ervin Equipment, Utility Trailer Manufacturing Company, Wabash National, Kentucky Trailer, STI Holdings, Strick Trailers, among others.

Recent Developments:

• Schwarzmuller bought Huffermann Transportsysteme GmbH, a renowned German container trailer manufacturer, in February 2020. The purchase is a win-win situation for both firms, as Huffermann gains the finest choice for long-term growth and positioning. The Schwarzmuller Group will have the potential to expand its market share in Germany.

Chapter 1 Dry Van Trailers Market Overview

1.1 Product Overview and Scope of Dry Van Trailers

1.2 Dry Van Trailers Market Segmentation By Type

1.2.1 3 - 4 axles

1.2.2 >4 axles

1.3 Dry Van Trailers Market Segmentation By Application

1.3.1 Heavy Industry

1.3.2 Construction

1.3.3 Medical

1.3.4 Food and Beverages

1.3.5 Oil and Gas

1.3.6 Textile Industry

1.3.7 Others

1.4 Dry Van Trailers Market Segmentation by Regions

1.4.1 North America

1.4.2 China

1.4.3 Europe

1.4.4 Southeast Asia

1.4.5 Japan

1.4.6 India

1.5 Global Market Size (Value) of Dry Van Trailers (2015-2027)

Chapter 2 Global Economic Impact on Dry Van Trailers Industry

2.1 Global Macroeconomic Environment Analysis

2.1.1 Global Macroeconomic Analysis

2.1.2 Global Macroeconomic Environment Development Trend

2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Dry Van Trailers Market Competition by Manufacturers

3.1 Global Dry Van Trailers Production and Share by Manufacturers (2021 and 2021)

3.2 Global Dry Van Trailers Revenue and Share by Manufacturers (2021 and 2021)

3.3 Global Dry Van Trailers Average Price by Manufacturers (2021 and 2021)

3.4 Manufacturers Dry Van Trailers Manufacturing Base Distribution, Production Area and Product Type

3.5 Dry Van Trailers Market Competitive Situation and Trends

3.5.1 Dry Van Trailers Market Concentration Rate

3.5.2 Dry Van Trailers Market Share of Top 3 and Top 5 Manufacturers

3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Dry Van Trailers Production, Revenue (Value) by Region (2015-2021)

4.1 Global Dry Van Trailers Production by Region (2015-2021)

4.2 Global Dry Van Trailers Production Market Share by Region (2015-2021)

4.3 Global Dry Van Trailers Revenue (Value) and Market Share by Region (2015-2021)

4.4 Global Dry Van Trailers Production, Revenue, Price and Gross Margin (2015-2021)

4.5 North America Dry Van Trailers Production, Revenue, Price and Gross Margin (2015-2021)

4.6 Europe Dry Van Trailers Production, Revenue, Price and Gross Margin (2015-2021)

4.7 China Dry Van Trailers Production, Revenue, Price and Gross Margin (2015-2021)

4.8 Japan Dry Van Trailers Production, Revenue, Price and Gross Margin (2015-2021)

4.9 Southeast Asia Dry Van Trailers Production, Revenue, Price and Gross Margin (2015-2021)

4.10 India Dry Van Trailers Production, Revenue, Price and Gross Margin (2015-2021)

Chapter 5 Global Dry Van Trailers Supply (Production), Consumption, Export, Import by Regions (2015-2021)

5.1 Global Dry Van Trailers Consumption by Regions (2015-2021)

5.2 North America Dry Van Trailers Production, Consumption, Export, Import by Regions (2015-2021)

5.3 Europe Dry Van Trailers Production, Consumption, Export, Import by Regions (2015-2021)

5.4 China Dry Van Trailers Production, Consumption, Export, Import by Regions (2015-2021)

5.5 Japan Dry Van Trailers Production, Consumption, Export, Import by Regions (2015-2021)

5.6 Southeast Asia Dry Van Trailers Production, Consumption, Export, Import by Regions (2015-2021)

5.7 India Dry Van Trailers Production, Consumption, Export, Import by Regions (2015-2021)

Chapter 6 Global Dry Van Trailers Production, Revenue (Value), Price Trend by Type

6.1 Global Dry Van Trailers Production and Market Share by Type (2015-2021)

6.2 Global Dry Van Trailers Revenue and Market Share by Type (2015-2021)

6.3 Global Dry Van Trailers Price by Type (2015-2021)

6.4 Global Dry Van Trailers Production Growth by Type (2015-2021)

Chapter 7 Global Dry Van Trailers Market Analysis by Application

7.1 Global Dry Van Trailers Consumption and Market Share by Application (2015-2021)

7.2 Global Dry Van Trailers Consumption Growth Rate by Application (2015-2021)

7.3 Market Drivers and Opportunities

7.3.1 Potential Applications

7.3.2 Emerging Markets/Countries

Chapter 8 Dry Van Trailers Manufacturing Cost Analysis

8.1 Dry Van Trailers Key Raw Materials Analysis

8.1.1 Key Raw Materials

8.1.2 Price Trend of Key Raw Materials

8.1.3 Key Suppliers of Raw Materials

8.1.4 Market Concentration Rate of Raw Materials

8.2 Proportion of Manufacturing Cost Structure

8.2.1 Raw Materials

8.2.2 Labour Cost

8.2.3 Manufacturing Expenses

8.3 Manufacturing Process Analysis of Nano Diamond Battery

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

9.1 Dry Van Trailers Industrial Chain Analysis

9.2 Upstream Raw Materials Sourcing

9.3 Raw Materials Sources of Dry Van Trailers Major Manufacturers in 2021

9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

10.1 Marketing Channel

10.1.1 Direct Marketing

10.1.2 Indirect Marketing

10.1.3 Marketing Channel Development Trend

10.2 Market Positioning

10.2.1 Pricing Strategy

10.2.2 Brand Strategy

10.2.3 Target Client

10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis

11.1 Technology Progress/Risk

11.1.1 Substitutes Threat

11.1.2 Technology Progress in Related Industry

11.2 Consumer Needs/Customer Preference Change

11.3 Economic/Political Environmental Change

Chapter 12 Global Dry Van Trailers Market Forecast (2021-2027)

12.1 Global Dry Van Trailers Production, Revenue Forecast (2021-2027)

12.2 Global Dry Van Trailers Production, Consumption Forecast by Regions (2021-2027)

12.3 Global Dry Van Trailers Production Forecast by Type (2021-2027)

12.4 Global Dry Van Trailers Consumption Forecast by Application (2021-2027)

12.5 Dry Van Trailers Price Forecast (2021-2027)

Chapter 13 Appendix