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Tuesday, August 16, 2022

Lucintel Forecasts Cooler Market to Reach $2 Billion by 2027

According to the recent study the cooler market is projected to reach an estimated $2 billion by 2027 from $1.3 billion in 2021, at a CAGR of 7.4% from 2021 to 2027. Growth in this market is primarily driven by disposable income, and increasing usage of coolers in storage and transportation of vaccines.

Browse 73 figures / charts and 52 tables in this 202 -page report to understand trends, opportunities and forecast in cooler market by application (camping, medical, and military cooler), product type (hard body cooler and soft body cooler), capacity (below 15 quarts, between 16 and 40 quarts, between 41 and 100 quarts, and above 100 quarts), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on https://www.lucintel.com/cooler-market.aspx.

“Hard body cooler market is expected to remain the largest segment during the forecast period.”

Based on product type, the cooler market is segmented into hard body cooler and soft body cooler. Lucintel forecasts that the hard body cooler market is expected to remain the largest segment due to the increasing demand for cooler with higher longevity and easy to carry.

“Within the cooler market, the camping segment is expected to remain the largest application.”

Based on application the camping segment is expected to witness the highest growth over the forecast period due to increasing spending in outdoor amusement activities and travelling.

“North America will dominate the cooler market in near future.”

North America is expected to remain the largest market and witness the highest growth over the forecast period due to growing interest in outdoor activities and higher per capita income. .

Download Brochure of this report by clicking on https://www.lucintel.com/cooler-market.aspx.

Major players of cooler market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Newell Holdings, Igloo Coolers, Tokyo Plast, Coleman, Nilkamal, and Grizzly are among the major cooler providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/cooler-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email:
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
 

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