What is Plastic Coolers Market?
A plastic cooler is a temperature-controlled packaging solution that keeps a product within a specific low-temperature range from harvest through consumption. People can take a plastic cooler around with them to keep food or beverages cold. As people travel to their destination, it keeps drinks cool and protects ice cream from melting.
The market study is being classified by Type (Side handles, Lid Handle, Shoulder Strap, Wheels and Others), by Application (Pharmaceuticals, Food & Beverages and Others) and major geographies with country level break-up.
ThermoSafe (United States), B Medical Systems (Luxembourg),, Blowkings (India), Isonova (Italy), Eurobox Logistics (Romania), Nilkamal Ltd. (India), AOV International LLP (India), Cool Ice Box Co Ltd (United Kingdom), Apex International (India), Coleman (United States), Va-Q-tec AG (Germany), Cabela (United States), Sofrigam Group (France), Magellan (United States), ORCA Coolers (United States), Rubbermaid (United States) and CIP Industries CC (South Africa) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Igloo Coolers (United States), YETI Coolers, LLC (United States), MB Plastic Industries (India) and Rollawaycontainer (Italy).
The company's main approaches for exploring the market are Mergers and acquisitions, expansions, investments, new product launches, and partnerships. The strong competition, shifting consumer purchasing habits, demographic trends, and regular shifts in customer taste all present substantial market growth potential. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Plastic Coolers market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Plastic Coolers market by Type, Application and Region.
On the basis of geography, the market of Plastic Coolers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Demand for Temperature Control to Prevent Food Loss and Potential Health Hazards
- Rising Consumer Spending and Improved Focus on Ease During Camping and Outdoor Activities
Market Trend
- Technological Advancements for the Transportation of Processed and Fresh Fruits, Vegetables, Dairy Products, and Other Perishable
Restraints
- Stringent Environmental Rules & Regulations for Plastic Waste Managements
Opportunities
- Rising Beverages Consumption during Outdoor Activities
- High Durability, Lightweight and Longer Duration for Retain Ice Can Propel the Plastic Cooler Market
Challenges
- Some Cheap Vendor use Poor Quality Plastic Material, Latches and Lids Leads Bad Performance in Temperature Control
Market Leaders and some development strategies
On 03 Aug 2019, Airlite Plastic Co. announces the acquisition of KODIAKOOLER. The acquisition aims to grow its industry presence and product range of temperature-sensitive packaging that is safe, sustainable, and creative. Developing high-quality temperature-sensitive goods that are both practical and ecologically sustainable is a company's passion.
On 10 March 2021, Igloo introduces ECOCOOL, hardside coolers constructed from recycled plastic for the first time in the world. The ECOCOOL collection consists of five cooler styles, each of which is made in the United States with a recycled resin compound that is the first of its kind in repurposing post-consumer plastic derived from discarded plastic yogurt cups and milk jugs that might otherwise end up in landfills around the world.
Key Target Audience
Plastic Coolers Manufacture, Plastic Coolers Distributors and Suppliers, International Traders, Research and Development Institutes, Financial Institutes and Investors, Upstream and Downstream Buyer, Regulatory Bodies and Others