North America & US Coolers Market

North America & US Coolers Market

North America & US Coolers Market By Product Type (Hard Side, Soft Side), By Volume (Less than 25 Quarts, 25-50 Quarts, 50-75 Quarts, 75-100 Quarts, >100 Quarts), By Distribution Channel (Hypermarkets and Supermarkets, Specialty Stores, Online, Others) By Price Category ($20-$39.99, $40-$59.99, $60-$79.99, $80-$99.99, $100-$149.99, $150-$199.99, $200-$249.99, $250.00-$299.99, $300.00-$499.99, $500.00 and above), By Application (Camping, Medical, Military), And By Geography – Covid-19 Impact Analysis, Post Covid Analysis, Opportunities, Trends And Forecast From 2020 to 2032

The North American Coolers market was valued at $ 2,880.8 million in 2023 and is anticipated to grow at a CAGR of 10.92% from 2024 to 2034. This growth is attributed to several macro and microeconomic factors such as

The increasing popularity of outdoor recreational activities is positively influencing camping cooler sales

The increasing popularity of outdoor recreational activities, particularly camping, has indeed been a significant driving force behind the growth of the North American cooler market. As more people engage in activities like camping, hiking, picnicking, and tailgating, there is a growing demand for coolers to keep food and beverages fresh during outdoor adventures. This trend has positively influenced sales of camping coolers in particular, as consumers seek durable, portable, and efficient cooling solutions to enhance their outdoor experiences. Additionally, factors such as rising disposable income, changing consumer lifestyles, and the availability of innovative cooler designs with features like better insulation, durability, and portability have further propelled the growth of the cooler market in North America. Manufacturers have been focusing on introducing products that cater to the specific needs and preferences of outdoor enthusiasts, contributing to the overall expansion of the cooler market in the region.

Further several factors restraining the market growth include

Presence of substitute

The presence of substitutes is indeed a significant factor restraining the growth of the North American cooler market. Coolers face competition from various alternative products and solutions that fulfill similar purposes or offer comparable benefits. Some common substitutes include Refrigerators and Freezers, Insulated Bags and Containers, Thermoelectric Coolers, Portable Refrigeration Units, Ice Packs and Ice Chests. These substitutes offer consumers a range of options for cooling and storage, which can limit the demand for traditional coolers in the North American market.

Technological Advancements and Smart Cooling Solutions and collaborations and alliances in the Coolers market are expected to generate higher avenues during the forecast period.

In the wake of the COVID-19 pandemic, supply chain disruptions have led to supply shortages or lower demand in the Coolers market. The pandemic has caused a decline in new orders and a corresponding decrease in Typeion.

This section will analyze how COVID-19 has impacted supply chains, leading to shortages and lower demand for Coolers.

In terms of COVID-19 impact, the Coolers market report also includes the following data points:

Impact on Coolers market size
Operating Weights Trend, Preferences, and Budget Impact
Regulatory Framework/Outdoor Policies
Key Players' Strategy to Tackle Negative Impact/Post-COVID Strategies
Opportunity in the Coolers market

Key Insight in the report:

The North America & US Coolers Market report covers an executive summary, market dynamics, COVID impact & post-COVID scenario, market size and forecast, competitive intelligence, market positioning, and End Users.

Our report covers extensive competitive intelligence which includes the following data points:

Business Overview
Business Segment Data
Financial Data
Type Segment Analysis and Specification
Recent Development and Company Strategy Analysis
SWOT Analysis

Coolers Market Segmentation:

Product Type
Hard Side
Soft Side
Volume
Less than 25 Quarts
25-50 Quarts
50-75 Quarts
75-100 Quarts
>100 Quarts
Distribution Channel
Hypermarkets and Supermarkets
Specialty Stores
Online
Others
Price Category
$20-$39.99
$40-$59.99
$60-$79.99
$80-$99.99
$100-$149.99
$150-$199.99
$200-$249.99
$250.00-$299.99
$300.00-$499.99
$500.00 and above
Application
Camping
Medical
Military

Region/ Countries Covered:

North America
U.S.
Canada
Mexico

Key Players Analyzed in the Report:

Newell Brands Inc
YETI Holdings, Inc
Igloo Products Corp
Pelican Products
Coleman
DeWALT
CleverMade
Bison Coolers
K2 Coolers
AO Coolers
Polar Bear Coolers
RTIC