The Global and US Coolers market size was valued at $4859.4 Million in 2020 growing at the CAGR of 11.22% from 2021 to 2028. This growth is attributed to several macro and micro economic factors such as
- Growing Application in the Healthcare Sector
- Increasing trend for outdoor activities
Further several factors restraining the market growth include
- Presence of substitute
- Fluctuations in the prices of raw materials and low-profit margins
Collaborations and Alliances in the Coolers market is expected to generate higher avenues during the forecast period.
The COVID-19 pandemic has led to supply chain disruptions leading to supply shortages or lower demand in the Coolers market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers to adopt various strategies to stabilize the company. In terms of COVID 19 impact, the Coolers market report also includes following data points:
- Impact on Coolers market size
- End User Trend, Preferences and Budget Impact
- Regulatory Framework/Government Policies
- Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in Coolers market
Key Insight in the report:
The Global and US Coolers market report covers executive summary, market dynamics, COVID impact & post COVID scenario, market size and forecast, competitive intelligence, market positioning, and product offerings.
Our report covers extensive competitive intelligence which include following data points:
- Business Overview
- Business Segment Data
- Financial Data
- Product Segment Analysis and Specification
- Recent Development and Company Strategy Analysis
- SWOT Analysis
The report covers market sizing and forecasting at the country level as well as at the segment level. Coolers market is analyzed across below-mentioned different segments:
- Product Type
- Hard Side
- Soft Side
- Application
- Camping
- Medical
- Military
The some of the key players in of Coolers market include:
K2 Coolers
Newell Brands Inc
Igloo Coolers
DeWALT
CleverMade
AO Coolers
Yeti Holdings
Polar Bear Coolers
Bison Coolers
Pelican Products, Inc
REPORT CONTENT BRIEF:
- High level analysis of the current and future market trends and opportunities
- Detailed analysis on current market drivers, restraining factors, and opportunities in the future
- Coolers market estimates for 2020 and forecast from 2021 to 2028
- Vendor market share analysis at each product level
- Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
- Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations and partnerships as well as funding taken and investment done, among others.
Target Audience
- Manufacturers
- Suppliers and traders
- Government, associations, and industrial bodies
- Investors and trade experts
- Consulting Firms or Individual Consultant
- Anyone interested in understanding industry dynamic of Coolers market
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