Global Cooler Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Cooler Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Cooler market finds that the global Cooler market reached a value of USD 2326.01 million in 2022. It’s expected that the market will achieve USD 3775.0 million by 2028, exhibiting a CAGR of 8.41% during the forecast period.

Outdoor leisure activities are Increasing

As people often have sedentary, and easily leads to obesity and chronic diseases. As people's health awareness increases, the number of participations in outdoor activities increases.
With the development of various outdoor activities such as camping, hiking, fitness and travel, the future of the Global Coolers market looks promising.

Per capita disposable income is increase

With the development of the economy, people's demands for labor wages are getting higher and higher, and the per capita disposable income is also increasing. To a certain extent, people's enjoyment of outdoor leisure activities is increasing, and the use of Coolers will also be positively affected.

Cooler use in camping will continue to occupy a larger share

Millennials continue to change the camping landscape by increasingly participating in a variety of sports or recreational activities (such as backpacks, mountain biking and hiking), which indirectly increases the popularity of camping coolers.

Hardware coolers are expected to achieve the highest growth

Due to the increasing demand for coolers, longer life and ease of portability, hardware coolers are expected to remain the largest market segment and achieve the highest growth during the forecast period.

Region Overview:

North America is projected to account for a considerable share of the Cooler market and is expected to become the largest region by 2028.

Company Overview:

YETI is one of the major players operating in the Cooler market, holding a share of 19.3% in 2023.

YETI

YETI is an Austin, Texas-based manufacturer of outdoor lifestyle products such as ice chests, vacuum-insulated stainless-steel drinkware, soft coolers, and related accessories.

Newell Brands

Newell Brands is an American worldwide manufacturer, marketer and distributor of consumer and commercial products with a portfolio of brands including Rubbermaid storage and trash containers, home organization and reusable container products; Contigo and Bubba water bottles; Coleman outdoor products.

Segmentation Overview:

By type, Hard Cooler segment accounted for the largest share of market in 2022.

Hard Cooler

Hard coolers are designed to withstand any field impact, and the outer insulation is relatively strong and is usually carried on the vehicle.

Soft Cooler

The soft cooler is made of canvas, nylon, etc. The outer insulation is soft, that can be carried on your back

Application Overview:

By application, the Camping segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Cooler market covered in Chapter 3:

Pelican Products
K2 Coolers
Koolatron
Engel Coolers
Newell Brands
Grizzly Coolers
Ozark Trail
Polar Bear Coolers
Igloo Coolers
OtterBox
Arctic Zone
DeWALT
ICEY-TEK
Orca Coolers
Bison Coolers
CleverMade
YETI
Canyon Coolers
Rtic Outdoors
AO Coolers
Stanley

In Chapter 4 and Chapter 14.2, on the basis of types, the Cooler market from 2018 to 2029 is primarily split into:

Hard Cooler
Soft Cooler
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Cooler market from 2018 to 2029 covers:

Camping
Medical
Military
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)