Lucintel Forecasts Cooler Market to Reach $2.9 Billion by 2030

According to the recent study the cooler market is projected to reach an estimated $2.9 billion by 2030 from $1.9 billion in 2023, at a CAGR of 8.2% from 2024 to 2030. 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).
Lucintel forecasts that hard body cooler is expected to remain the largest segment over the forecast period due to the increasing demand for cooler with higher longevity and easy to carry.
Within the global cooler market, camping, medical, and military are the major application segments, camping will remain the largest end use over the forecast period due to increasing spending in outdoor amusement activities and travelling.
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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.
Newell Holdings, Igloo Coolers, Tokyo Plast, Coleman, Nilkamal, and Grizzly are the major suppliers in the cooler Market.
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 write us at helpdesk@lucintel.com