Press release
Insulated Coolers Market 2023 Size, Global Report till 2030 | YETI Holdings, Igloo Products, The Coleman Company, Pelican Products
The Insulated Coolers Market is predicted to reach at a CAGR of 6.4% during the forecast period 2023-2030.
Insulated coolers are portable containers designed with interior insulating layers to minimize heat transfer and maintain the temperature of items stored inside. Some coolers are equipped with ice packs to enhance their cooling capabilities. Popular among families and travelers for on-road vacations, picnics, hikes, and outdoor events, insulated coolers excel at keeping beverages like wines, beers, and soft drinks cold during hot summer weather.
Market Dynamics
The surge in outdoor recreational activities such as camping and short excursions has driven a notable increase in the adoption of insulated coolers. Consumers are upgrading from traditional coolers to modern, technologically advanced insulated models, which offer enhanced convenience and durability. This trend is bolstered by growing consumer expenditure and a heightened focus on convenience during camping and outdoor adventures, where increased beverage consumption further fuels demand for insulated coolers.
Rotational molding is anticipated to become a prevalent method for producing insulated coolers due to its ability to deliver durability. These coolers are favored for their lightweight construction and extended ice retention capabilities. Additionally, their compact size and ease of handling make them particularly appealing to millennials.
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Segment Analysis
By Carrying Method
Side handles
Lid handle
Shoulder Strap
Wheel
By Capacity
Below 25 quarts
26-75 quart
76-150 quart
Above 150 quarts
By Product
Hard coolers
Soft coolers
Major Key Players
YETI Holdings, Igloo Products, The Coleman Company, Pelican Products, Outdoor Recreation Company of America, Bison Coolers, RTIC Coolers, and PMI.
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Related Topics:-
Airless Pump Market - https://www.datamintelligence.com/research-report/airless-pump-market
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