Global Outdoor Coolbox Market Overview:
A cooler box is an insulated box used to store food and drinks cold. It is also known as a portable ice chest, icebox, cool box. These cooler boxes are highly portable. They are used for picnics, holidays, and vacations. And are used in places where summers are hot. A few coolers have built-in cup holders on the lid. These boxes are made from plastic and is available in various sizes. An icebox is a portable device for keeping food fresh and drinks cold so that they can remain as it is for a longer time. This outdoor coolbox is used in outdoor camping, traveling (transportation), picnic, fishing, and hunting.
Growth Drivers
- Technologies for the development of lightweight cooler boxes that can help to maintain ice for a longer period
- Rising growing adoption of outdoor activities/ rising popularity of outdoor recreational activities
Roadblocks
- Unfavorable weather conditions can hamper people’s recreational activities
Opportunities
- Growth Opportunities in the insulated packaging industry
- Government initiatives to promote these outdoor activities
Challenges
- Extreme cold weather and rainy days restrict the use of the coolbox
Competitive Landscape:
Companies in the market are concentrating on providing better outdoor coolbox products. Development of cooler boxes which can help to maintain food and drinks cold for a longer time. Due to the change of weather conditions the market can slow down because it affects on the product of the market. This coolbox is used in various outdoor applications.
Some of the key players profiled in the report are Tokyo Plast (India), AO coolers (United States), SnoMaster (United States), Coleman Company, Inc. (United States), MOBICOOL INTERNATIONAL LTD. (Germany), SnoMaster (South Africa), Mobicool (United States), Coghlans (United States), Cadac (South Africa), Koolatron (United States) and Cabelas (United States). Additionally, following companies can also be profiled that are part of our coverage like Wild Coolers (South Africa), Gio'Style (Italy), Shimano (Japan) and NexTorch (China). Analyst at AMA Research see United States Vendors to retain maximum share of Global Outdoor Coolbox market by 2026. Considering Market by Capacity, the sub-segment i.e. Below 10L will boost the Outdoor Coolbox market.
In April 2018: Coleman Company Inc. launched the mobile app Coleman-Get Outdoors to inspiring people to get outdoors. This app is available for iPhone and Android users.
What Can be Explored with the Outdoor Coolbox Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Outdoor Coolbox Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Outdoor Coolbox
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Outdoor Coolbox market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Outdoor Coolbox market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.