Global Camping Cooler Market Is Estimated to Grow About $1398.62 Billion By 2030

The global camping cooler market size was worth around USD 852.34 Billion in 2022 and is estimated to grow to about USD 1398.62 Billion by 2030, with a compound annual growth rate (CAGR) of approximately 7.12 percent over the forecast period from 2023 to 2030.

There has been an exponential surge in the number of camping activities among people across the globe as the trend of engaging in outdoor activities and exploring different things is on the go. More and more people tend to experience camping with their friends and family. To make the most out of an enjoyable camping experience, carrying camping coolers is equally important as it not only ensures the safety of food but also the refrigeration of drinks and beverages. Most modern camping coolers have a separate section to keep the food warm for a longer duration. Thus, it is ideal for people who are willing to engage in various outdoor activities such as trekking, hiking, picnics, fishing, and others. Camping coolers are durable, lightweight, convenient to carry and move around, robust, and capable of withstanding harsh temperatures.

The demand for the global camping coolers market is expected to surge rapidly due to the rise in the number of camping activities among people across the globe. An increase in awareness about various outdoor activities such as hiking, trekking, fishing, camping, cycling, and picnic and the benefits of engaging in them including achievement of peace of mind, mindfulness, and improvement in physical fitness has significantly resulted in an upsurge in expenditure in outdoor kits, including camping cooler which drives the growth of the market.

In addition, an increase in the standard of living, a rise in disposable income, changes in the lifestyle of people, and a rise in expenditure in recreational activities among both millennials and the older generation drive the growth of the market during the forecast period. Besides, increase convenience, mobility, durability, robustness, and availability of camping coolers at affordable rates will further drive the growth of the camping cooler industry during the forecast period. Furthermore, the integration of innovative features such as solar power, USB ports, and Wi-Fi connection in camping coolers is expected to create remarkable opportunities for the growth of the market. However, decreased diversification and reduced awareness about camping coolers in low-income countries impede the growth of the market to an extent during the forecast period.

The global camping cooler market is segmented based on type, material, capacity, application, and region.

Based on capacity, the market is bifurcated into Under 25 Quart, 25-40 Quart, 41-60 Quart, 61-100 Quart, and Over 100 Quart. The under-25-quart segment held an approving market share in 2022 and is further expected to grow rapidly at a significant CAGR during the forecast period. The major reason for the growth of this segment is that they are compact in size and lighter in weight. This makes it very seamless to move and carry out easily when compared to bigger coolers. The under-25-quart coolers are available in both soft and hard product ranges, where soft iceboxes can be found in both sling and backpack styles. These factors drive the growth of the segment during the forecast period.

Based on product type, the market is bifurcated into thermoelectric coolers, hard coolers, and soft coolers. The hard coolers segment held the largest market share in 2022 and is further expected to continue this trend during the forecast period. The major reason for the growth of this segment is the increase in inclination toward hard coolers in various recreational activities due to their vast range of sizes, better durability compared to soft coolers, and a much better lasting power against soft coolers. These factors drive the growth of the segment during the forecast period.

Based on region, the North American region held the largest market share in 2022, and is further expected to occupy a dominant market share, and simultaneously grow at a remarkable CAGR during the forecast period. The reason for the growth of the market in this region is the increase in the number of camping activities and travelers choosing various recreational activities such as hiking, trekking, fishing, picnics, and others. Thus, increase local and international travel expenditures among travelers contribute to the growth of the market. Besides, rapid changes in lifestyle, an increase in awareness about different outdoor recreational activities, and the growing popularity of taking vacation trips among people living in this region drive the growth of the market during the forecast period.

This review is based on a report by Zion Market Research, titled “Camping Cooler Market By Product Type (Thermoelectric Cooler, Hard Cooler, Soft Cooler), By Material (Plastic, Metal, Others), By Capacity (Under 25 Quart, 25-40 Quart, 41-60 Quart, 61-100 Quart, Over 100 Quart), By Application (Backyard and Car Camping, RV Camping, Backpacking, Ship & Fishing, Others) and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data and Forecasts 2023 – 2030.”- Report at https://www.zionmarketresearch.com/report/camping-cooler-market

Recent Developments

• In May 2020, Yeti introduced a new product line at the 2020 Outdoor Retailer Snow Show, including a robust new camp chair, a high-end V Series Cooler, and revised colors for some of its famous drinkware.
• In September 2021, Dometic Group AB, a publicly-traded Swedish outdoor manufacturer, acquired Igloo Products Corp. for $677 million from private equity firm ACON Investments. With the purchase of Texas-based Igloo, the Swedish business Dometic strengthens its distribution network and offerings in the cooler category.

The global camping cooler market is dominated by players such as include:

• The Coleman Company Inc.
• Yeti Coolers
• Pelican Products Inc. LLC.
• Engel Coolers
• Polar Bear Coolers
• ORCA
• K2 Coolers
• Cordova Outdoors
• Rubbermaid
• Koolatron US
• RTIC Web Services
• AO Coolers
• Igloo Products Corp.
• Outdoor Active Gear
• Bison Coolers
• Grizzly Coolers.

Global camping cooler market is segmented as follows:

By Type

• Thermoelectric Cooler
• Hard Cooler
• Soft Cooler

By Material

• Plastic
• Metal
• Others

By Capacity

• Under 25 Quart
• 25-40 Quart
• 41-60 Quart
• 61-100 Quart
• Over 100 Quart

By Application

• Backyard and Car Camping
• RV Camping
• Backpacking
• Ship & Fishing
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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