Camping Cooler Market Size, Share & Trends Analysis Report By Volume ( 100 quart), By Product, By Application, By Region, And Segment Forecasts, 2023 - 2030

Camping Cooler Market Size, Share & Trends Analysis Report By Volume (< 25 quart, 25-50 quart, 50-75 quart, 75-100 quart, > 100 quart), By Product, By Application, By Region, And Segment Forecasts, 2023 - 2030

Camping Cooler Market Growth & Trends

The global camping cooler market size is expected to reach USD 1,207.9 million by 2030, registering a CAGR of 3.5% during the forecast period, according to a new report by Grand View Research, Inc. The market is expected to witness considerable growth over the forecast period owing to the adoption of innovative technologies for manufacturing chillers and the growing inclination of people spending time outdoors in the wild.

Millennials continue to change the camping landscape through their growing participation in various physical or recreational activities, such as backpacking, mountain biking, and hiking, which is indirectly increasing the popularity of camping iceboxes.

As per Outdoor Industry Association’s report in 2017, the annual consumer spending on outdoor recreational activities in North America amounted to USD 887 billion, which is much higher than the amount spent on essential amenities, including education, fuel, and medical care. It has been observed that annually, around 50% of the U.S. population participates in at least one outdoor activity.

Prominent manufacturers in the camping and outdoor cooler market assemble parts manufactured by third-party vendors and integrate those with their distinctive technology for developing their end product. For instance, Yeti Coolers, LLC outsources product parts from its partners, including Hedstrom Plastics and Solar Plastics, Inc., for manufacturing its rotomolded chillers.

Key camping cooler manufacturers are engaging in retail through e-commerce and brick and mortar stores to expand their product reach. For instance, in February 2017, Yeti Coolers, LLC launched its first retail store in Texas to expand its regional footprint. The store offers an immersive experience to create a permanent brand reputation in the minds of the customer. The store resembles a museum with a variety of products and merchandise displayed, along with marquee exhibits.

Camping Cooler Market Report Highlights

• The 50-75 quarts volume segment accounted for a market share of approximately 38.1% in 2022.
• In 2022, Hard coolers are expected to emerge as the dominant segment over the forecast period.
• The dry camping application segment accounted for over 38.8% of the total revenue in 2022.
• The North American region held the maximum share in 2022 and is anticipated to continue its dominance over the camping cooler market over the forecast period.

Please note The report will be delivered in 4-8 business days upon order notification.