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Camping Coolers Market Size, Demand, Insight Growth, COVID-19 Impact and Analysis & Forecast 2027

10-28-2020 12:36 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Camping Coolers Market

Camping Coolers Market

A camping cooler is a sub segment of sporting goods and outdoor equipment industry. It is a camping accessory that ensures the safety of food and drinks. It is majorly used in excursions, where there is a need to stock food and drinks for multiple days. It is used for outdoor activities such as picnic, camping, and hiking. It helps in keeping the food and beverages cold and safe. Other coolers are not portable and thus not suitable for the above mentioned outdoor activities. While the other coolers need electricity, are heavy and expensive, the camping cooler stands out in the market due to its convenience, easy mobility, and cheap prices. The camping coolers market is expected to experience significant growth during the forecast period due to changes in lifestyles and increase in outdoor activities.

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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

The prime factor that drives the growth of the global camping cooler market include interest in traveling among the people. There is an increase in the outdoor activities such as camping, fishing, sports, hiking, trekking, and picnic among the people. This increases the need for camping coolers. Because while traveling, when people take a break, they prefer having cold beverages, snacks, and canned drinks; and this cooler helps to keep the food cold and safe.

Further, owing to changes in lifestyle and increase in standard of living, people tend to spend on recreational activities, which includes camping. Thus, there is a need for camping cooler, which can take care of the food and drinks needed during this activity. This increases the sale of camping coolers in the market.

The top three manufacturers of the world—Igloo, Yeti, and Colemen Coolers make up to 57% of the market share for camping coolers. With this, the world’s largest enterprises are mainly concentrated in the U.S. In 2013, camping was ranked as one of the top five outdoor activities preferred by young people in the U.S. This in turn is expected to boost the growth of the camping coolers market.

The major drawback of the camping cooler is the aluminum hanging tray that is present inside the cooler to keep the food dry and away from ice, tends to rust. Another factor is that there is less diversification in the camping cooler. These together limit the growth of the camping cooler market.

Although many manufactures have started to give a rust-free alternative for the aluminum hanging tray, there is still lack of adoption of these innovative designs in the market. Therefore, innovation in camping coolers along with focusing on international presence can be seen as a great opportunity for the manufacturers of camping coolers. Accessing competitive advantage and concerning more on services can increase the market share.

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Companies Covered Igloo Coolers, Coleman Coolers, Yeti Coolers, Grizzly Coolers, Polar Bear Coolers, ORCA, Pelican Coolers, Engel Coolers, K2 Coolers, and AO Coolers

Key Benefits of the Report:
• This study presents the analytical depiction of the global camping cooler industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global camping cooler market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the global camping cooler market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed global camping cooler market analysis based on competitive intensity and how the competition will take shape in coming years.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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