The global Camping Cooler Market is projected to reach USD 1.05 billion by 2025 and registering a CAGR of 6.4% during the forecast period, from 2018 to 2025, according to a new report by Million Insights. The market is projected to witness significant growth during the forecast period due to emergence of new technologies for developing chillers coupled with increasing trend to spend leisure time in outdoor activities.
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Market Synopsis of Camping Cooler Market:
The camping cooler is expected to gain traction among millennials due to increasing their participation in numerous recreational activities including hiking backpacking, and mountain biking. This factor is expected to boost the demand for camping coolers in the next few years.
According to Outdoor Industry Association’s report, in 2017, consumer spending on outdoor activities accounted for USD 887 billion annually in North America which is higher than spending on essential amenities such as fuel, education, and medical care.
Industry players operating in this market manufactured assemble parts from third-party manufacturers and assemble them with distinctive technology like thermoelectric cooling to develop end-product. For example, Yeti Coolers, LLC outsources this cooler parts form its partners including Solar Plastics, Inc. and Hedstrom Plastics in order to manufacture rotomolded chillers.
Key market players engaged in retail through distribution channels like brick & mortar and e-commerce. For example, in 2017, Yeti Coolers, LLC introduced its retail store in Texas in order to expand its business and regional footprint. The store gives an immersive experience for creating brand awareness and reputation among customers which directly affects the purchasing decisions of customers. In addition, it offers a wide range of products with attractive appearance.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Camping Cooler: Market Variables, Trends & Scope
Chapter 4 Camping Cooler: Product Estimates & Trend Analysis
Chapter 5 Camping Cooler: Application Estimates & Trend Analysis
Chapter 6 Camping Cooler: End-use Estimates & Trend Analysis
Chapter 7 Camping Cooler: Industrial End-use Estimates & Trend Analysis
Chapter 8 Camping Cooler: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Camping Cooler: Manufacturers Company Profiles
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