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Global Insulated Coolers Market to reach USD XX billion by 2028.

Global Insulated Coolers Market to reach USD XX billion by 2028.

Product Code: CMP-85481709
Publish Date: 3-02-2022
Page: 200

Global Insulated Coolers Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. An insulated cooler is a portable container with a layer of insulation to ensure keeps foods and other perishable products cold. Generally, an insulated cooler has at two layers of material, which are generally spaced with air. Growing engagement in outdoor recreational activities and increasing focus over biodegradable insulated coolers are key drivers for the growth of Insulated Coolers market. For instance, according to The National Marine Manufacturers Association (NMMA)-As of 2020, conventional outdoor recreation activities (such as bicycling, boating, hiking, hunting, etc.) accounted for 37.4 percent of U.S. outdoor recreation value added, witnessing increase from 30.6 percent in 2019. This increase was due to higher spending on boating and fishing, as well as RVing (To travel in a recreational vehicle). Also, as per global database management company Statista- as of 2022, revenue in the Sports & Outdoor segment is estimated at USD 75 billion and as per projections revenue is expected to show an annual growth rate 10.01% between 2022 and 2025, resulting in a projected market volume of USD 100 billion by the year 2025. In addition, with rising disposable income and growing e-commerce industry, the adoption & demand for Insulated Coolers is likely to increase the market growth during the forecast period. However, stringent environmental rules & regulations regarding the use of plastic impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Insulated Coolers market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and rising recreational activities in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing demand for insulated coolers from various end use industries like beverages, food services etc. in the region would create lucrative growth prospects for the Insulated Coolers market across Asia-Pacific region.

Major market player included in this report are:
Yeti Coolers LLC
Pelican Products, Inc.
Igloo Products Corp.
Thermos LLC
AO Coolers
K2 Coolers
Bison Coolers
Outdoor Recreation Company of America (ORCA) Coolers
Stanley a brand of PMI
The Coleman Company, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Hard Coolers
Soft Coolers
By Capacity:
Below 25 Quart
26-75 Quart
76-150 Quart
Above 150 Quart
By Carrying Method:
Side Handles
Lid Handle
Shoulder Strap
Wheel
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Insulated Coolers Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Insulated Coolers Market, by Region, 2020-2028 (USD Billion)
1.2.2. Insulated Coolers Market, by Product, 2020-2028 (USD Billion)
1.2.3. Insulated Coolers Market, by Capacity, 2020-2028 (USD Billion)
1.2.4. Insulated Coolers Market, by Carrying Method, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Insulated Coolers Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Insulated Coolers Market Dynamics
3.1. Insulated Coolers Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Rising engagement in outdoor recreational activities.
3.1.1.2. Growing focus over biodegradable insulated coolers.
3.1.2. Market Challenges
3.1.2.1. Stringent environmental rules & regulations regarding the use of plastic.
3.1.3. Market Opportunities
3.1.3.1. Rising disposable income.
3.1.3.2. Growing e-commerce Industry.
Chapter 4. Global Insulated Coolers Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Insulated Coolers Market, by Product
6.1. Market Snapshot
6.2. Global Insulated Coolers Market by Product, Performance – Potential Analysis
6.3. Global Insulated Coolers Market Estimates & Forecasts by Product 2019-2028 (USD Billion)
6.4. Insulated Coolers Market, Sub Segment Analysis
6.4.1. Hard Coolers
6.4.2. Soft Coolers
Chapter 7. Global Insulated Coolers Market, by Capacity
7.1. Market Snapshot
7.2. Global Insulated Coolers Market by Capacity, Performance – Potential Analysis
7.3. Global Insulated Coolers Market Estimates & Forecasts by Capacity 2019-2028 (USD Billion)
7.4. Insulated Coolers Market, Sub Segment Analysis
7.4.1. Below 25 Quart
7.4.2. 26-75 Quart
7.4.3. 76-150 Quart
7.4.4. Above 150 Quart

Chapter 8. Global Insulated Coolers Market, by Carrying Method
8.1. Market Snapshot
8.2. Global Insulated Coolers Market by Carrying Method, Performance – Potential Analysis
8.3. Global Insulated Coolers Market Estimates & Forecasts by Carrying Method 2019-2028 (USD Billion)
8.4. Insulated Coolers Market, Sub Segment Analysis
8.4.1. Side Handles
8.4.2. Lid Handle
8.4.3. Shoulder Strap
8.4.4. Wheel

Chapter 9. Global Insulated Coolers Market, Regional Analysis
9.1. Insulated Coolers Market, Regional Market Snapshot
9.2. North America Insulated Coolers Market
9.2.1. U.S. Insulated Coolers Market
9.2.1.1. Product breakdown estimates & forecasts, 2019-2028
9.2.1.2. Capacity breakdown estimates & forecasts, 2019-2028
9.2.1.3. Carrying Method breakdown estimates & forecasts, 2019-2028
9.2.2. Canada Insulated Coolers Market
9.3. Europe Insulated Coolers Market Snapshot
9.3.1. U.K. Insulated Coolers Market
9.3.2. Germany Insulated Coolers Market
9.3.3. France Insulated Coolers Market
9.3.4. Spain Insulated Coolers Market
9.3.5. Italy Insulated Coolers Market
9.3.6. Rest of Europe Insulated Coolers Market
9.4. Asia-Pacific Insulated Coolers Market Snapshot
9.4.1. China Insulated Coolers Market
9.4.2. India Insulated Coolers Market
9.4.3. Japan Insulated Coolers Market
9.4.4. Australia Insulated Coolers Market
9.4.5. South Korea Insulated Coolers Market
9.4.6. Rest of Asia Pacific Insulated Coolers Market
9.5. Latin America Insulated Coolers Market Snapshot
9.5.1. Brazil Insulated Coolers Market
9.5.2. Mexico Insulated Coolers Market
9.6. Rest of The World Insulated Coolers Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Yeti Coolers LLC
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Pelican Products, Inc.
10.2.3. Igloo Products Corp.
10.2.4. Thermos LLC
10.2.5. AO Coolers
10.2.6. K2 Coolers
10.2.7. Bison Coolers
10.2.8. Outdoor Recreation Company of America (ORCA) Coolers
10.2.9. Stanley a brand of PMI
10.2.10. The Coleman Company, Inc.

Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Data Collection:
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Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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