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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