With the increasing burden of diseases around the world, the demand for various pharmaceutical products, including vaccines, liquid medicines, biologics, pills, and raw materials and active ingredients, has risen. This factor is expected to help increase the global reefer container market size from 3,169.2 thousand twenty-foot equivalent units (TEU) in 2019 to 7,063.3 thousand TEUs by 2030, at an 8.0% CAGR between 2020 and 2030, according to the market research study published by P&S Intelligence.