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The Impact of COVID-19 is included in Coolers Market. Buy it today to get an advantage.

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Cooler Market Trends and Forecast

The future of the cooler market looks promising with opportunities in the camping, fishing, boating, travelling, and medical applications. The global cooler market is expected to reach an estimated $2.9 billion by 2030, and it is forecast to grow at a CAGR of 8.2% from 2024 to 2030. The major growth drivers for this market are an increase in outdoor recreational activities, growing disposable income, and increasing usage of coolers in storage and transportation of vaccines.

  • Lucintel forecasts that hard body cooler is expected to remain the largest segment over the forecast period due to the increasing demand for cooler with higher longevity and easy to carry.
  • Within the global cooler market, camping, medical, and military are the major application segments, camping will remain the largest end use over the forecast period due to increasing spending in outdoor amusement activities and travelling.
  • North America is expected to remain the largest market and witness the highest growth over the forecast period due to growing interest in outdoor activities and higher per capita income. .