Global Camping Cooler Box Market Overview:
A cool box is a compact, non-mechanically packed box in which food and beverages are stored. Ice packs or ice cubes are usually placed in the box to keep the contents cool. Ice packs are usually preferred over ice cubes because they stay cool longer than regular ice. Some ice packs have a gel that is sealed inside that helps absorb heat when the phase changes. Camping coolers are very portable. They are often used for picnics, holidays, and vacations. They are widely used in places where the summers are hot. These boxes are also used to bring cold food home. Some coolers have built-in cup holders on the lid. Camping cool boxes are usually made of plastic and are available in different sizes. Small boxes are often used for personal use while large boxes are used for family affairs. Disposable camping cool boxes are made of polystyrene foam. Some reusable boxes have molded handles and some have shoulder straps. These boxes are specially designed to keep food and drinks cold while they are being transported from one place to another. These are ideal for overland travel. After the COVID-19 outbreak, the disease has spread to several countries and affected every aspect of life. The pandemic has had a significant impact on the market on a global scale. COVID-19 has impacted the global economy by disrupting production and demand, causing market disruptions, and creating financial instability.
- The Growing Popularity of Outdoor Recreational Activities
- Adoption of Soft Chillers Is Growing At a Rapid Pace Owing To Several Benefits Such As Its Low Price and Lightweight Structure
- The Adoption of High-Quality Drinkware by Youngsters during Camping and Adventurous Activities
- Increasing Number of Travelers Opting For Solo Hiking and Trekking Trips
- Rising Demand for Compact Soft Chillers and Drinkware
- An Increase in Hectic Schedules and Rising Disposable Incomes
- Unfavorable Weather Conditions
- The Rising Better Technologies Used For Manufacturing Lightweight Chillers That Can Retain Ice for a Longer Duration
- Initiatives Taken By the Government for Developing Adventure Sports, Such As Trekking and Hiking
- Availability of Different Substitutes
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Igloo Products Corp (United States), Coleman (United States), Rubbermaid (United States), Grizzly Coolers LLC (United States), Haier Inc. (China), Whirlpool Corporation (United States), Blue Star Limited (India), Pelican Products (United States), KingsBottle USA (United States), Magic Chef Appliance (United States), Living Direct Inc. (United States), LG Electronics (South Korea), NewAir (United States), Frigidaire (United States), Allavino (United States), Engel Coolers (United States), Bison Coolers (United States), Orca Coolers (United States), Polar Bear Coolers (United States) and Yeti (United States). Additionally, following companies can also be profiled that are part of our coverage like K2 coolers (United States), AO coolers (United States) and Koolatron (Canada). Analyst at AMA Research see United States Vendors to retain maximum share of Global Camping Cooler Box market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online Sales will boost the Camping Cooler Box market. Considering Market by Capacity, the sub-segment i.e. <25 Quarts will boost the Camping Cooler Box market.
In September 2017, Pelican Products Inc., which is a manufacturer of iceboxes, drinkware, and portable lighting systems had announced the launch of Pelican Elite, a 48-can-sized soft side cooler with features that include sweat-proof interior fabric, detachable padded shoulder strap, press and buckle, and high-density closed-cell foam insulation so as to facilitate ice retention for a longer time span.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Camping Cooler Box market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Camping Cooler Box market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Camping Cooler Box, Suppliers and Distributors of Camping Cooler Box, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.