Market outlook of refrigerated sea transportation. The market research analyst predicts the global refrigerated sea transportation market to grow steadily at a CAGR of around 4% during the forecast period. An increase in international trade and the growing demand for refrigerated transportation of perishable goods are driving the growth of this market. For instance, according to a UNCTAD report, the International Seaborne Trade market shipped nearly 9 billion metric tons during 2014. The growth in China's domestic demand and the rising trade among Asian countries have further fueled the demand for seaborne trade.