Market Overview:
The global hard coolers market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as, rising disposable income, changing lifestyle and increasing demand for hard coolers from camping, fishing and hunting enthusiasts. Based on type, the global hard coolers market is segmented into up to 15 quarts, 16-39 quarts, 40-99 quarts and above 100 quarts segments. Among these segments, the up to 15 quarts segment is expected to witness highest growth during the forecast period owing to its low price point and easy portability. Based on application, the global hard coolers market is segmented into camping, fishing hunting and others segments. The camping segment accounted for majority share of total revenue in 2017 due high adoption by campers across all regions. However; with growing popularity of outdoor activities such as fishing and hunting among consumers worldwide; this segment is projected witness highest CAGR over next 10 years .
Product Definition:
A hard cooler is a type of cooler that utilizes insulation and a refrigeration system to keep items cold. Hard coolers are important for keeping food and drinks cold when on the go, especially in hot weather conditions.
Up to 15 Quarts:
Up to 15 quarts is the new upcoming product in the hard coolers market. It’s a must have product if u live in a small house and u want to keep your drinks cold on hot days. It helps keeping ice for hours, even without electricity. The up to 15 quarts size is perfect for storing food and beverages such as water, milk, beer or soda at parties or while camping.
16-39 Quarts:
16-39 Quarts is a common size for hard coolers. It measures the volume capacity of the cooler in liters and quarts. The higher the number, generally means more space or larger capacity for storing ice and/or water in it. For instance, if your cooler has a measurement of 40 quarts then it can store approximately 80 bottles (24oz each) or 60 cans (22oz).
Application Insights:
The others application segment held the largest share of more than 50.0% in 2017. The use of hard coolers for events, gatherings and parties is expected to drive the demand for the product over the forecast period as these products can maintain ice for hours together. Moreover, they are lightweight and easy to carry which makes them a popular choice among consumers looking forward to an event or party.
The camping application segment is expected to register a significant CAGR of XX% from 2018 to 2030 owing primarilyto increasing disposable income among key consumer groups such as millennials and Generation Z who are increasingly spending their vacation time outdoors in tents or recreational vehicles (RVs). Furthermore, manufacturers focusing on innovation with respect to design along with improved features including LED light indicators will further boost sales over the forecast period driving hard coolers market growth across all regions globally.
Regional Analysis:
North America dominated the global market in 2017 owing to high demand for large capacity coolers. The region is expected to witness a growth rate of 3.9% over the forecast period, which can be attributed to increasing number of camping and fishing activities across U.S., Canada, and Mexico as well as hunting activities in various states including New York, Florida, California, Michigan, Wisconsin among others.
Asia Pacific is anticipated to register fastest growth during the forecast period due to rising popularity of outdoor recreational activities such as trekking and hiking in countries such as India among others that involves purchasing specialized equipment for storing food and beverages such as cans/bottles/kegs etc., which are larger than normal size bottles or cans used at home or office parties etc.
Growth Factors:
- Increasing demand for hard coolers from the commercial sector as a result of rising number of outdoor events and activities.
- Growing popularity of camping and hiking as leisure activities, which is boosting demand for hard coolers among consumers.
- Rising disposable income levels in emerging markets are resulting in increased spending on lifestyle products such as hard coolers, thereby driving market growth.
- Proliferation of e-commerce platforms has made it easier for consumers to purchase hard coolers online, thus contributing to the growth of the market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hard Coolers Market Research Report
By Type
Up to 15 Quarts, 16-39 Quarts, 40-99 Quarts, Above 100 Quarts,
By Application
Camping, Fishing, Hunting, Others,
By Companies
YETI, Igloo, Coleman, OtterBox, Rubbermaid, Grizzly, Engel, Bison Coolers, ORCA, Pelican, K2 coolers, Stanley, Koolatron
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Hard Coolers Market Report Segments:
The global Hard Coolers market is segmented on the basis of:
Types
Up to 15 Quarts, 16-39 Quarts, 40-99 Quarts, Above 100 Quarts,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Camping, Fishing, Hunting, Others,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- YETI
- Igloo
- Coleman
- OtterBox
- Rubbermaid
- Grizzly
- Engel
- Bison Coolers
- ORCA
- Pelican
- K2 coolers
- Stanley
- Koolatron
Highlights of The Hard Coolers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Up to 15 Quarts
- 16-39 Quarts
- 40-99 Quarts
- Above 100 Quarts
- By Application:
- Camping
- Fishing
- Hunting
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hard Coolers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hard Coolers are a type of cooler that is made from a hard, durable plastic. They are often used to store food or drinks and can be filled with ice or cold water.
Some of the key players operating in the hard coolers market are YETI, Igloo, Coleman, OtterBox, Rubbermaid, Grizzly, Engel, Bison Coolers, ORCA, Pelican, K2 coolers, Stanley, Koolatron.
The hard coolers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hard Coolers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hard Coolers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hard Coolers Market - Supply Chain
4.5. Global Hard Coolers Market Forecast
4.5.1. Hard Coolers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hard Coolers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hard Coolers Market Absolute $ Opportunity
5. Global Hard Coolers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hard Coolers Market Size and Volume Forecast by Type
5.3.1. Up to 15 Quarts
5.3.2. 16-39 Quarts
5.3.3. 40-99 Quarts
5.3.4. Above 100 Quarts
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hard Coolers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hard Coolers Market Size and Volume Forecast by Application
6.3.1. Camping
6.3.2. Fishing
6.3.3. Hunting
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hard Coolers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hard Coolers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hard Coolers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hard Coolers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hard Coolers Demand Share Forecast, 2019-2026
9. North America Hard Coolers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hard Coolers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hard Coolers Market Size and Volume Forecast by Application
9.4.1. Camping
9.4.2. Fishing
9.4.3. Hunting
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hard Coolers Market Size and Volume Forecast by Type
9.7.1. Up to 15 Quarts
9.7.2. 16-39 Quarts
9.7.3. 40-99 Quarts
9.7.4. Above 100 Quarts
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hard Coolers Demand Share Forecast, 2019-2026
10. Latin America Hard Coolers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hard Coolers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hard Coolers Market Size and Volume Forecast by Application
10.4.1. Camping
10.4.2. Fishing
10.4.3. Hunting
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hard Coolers Market Size and Volume Forecast by Type
10.7.1. Up to 15 Quarts
10.7.2. 16-39 Quarts
10.7.3. 40-99 Quarts
10.7.4. Above 100 Quarts
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hard Coolers Demand Share Forecast, 2019-2026
11. Europe Hard Coolers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hard Coolers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hard Coolers Market Size and Volume Forecast by Application
11.4.1. Camping
11.4.2. Fishing
11.4.3. Hunting
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hard Coolers Market Size and Volume Forecast by Type
11.7.1. Up to 15 Quarts
11.7.2. 16-39 Quarts
11.7.3. 40-99 Quarts
11.7.4. Above 100 Quarts
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hard Coolers Demand Share, 2019-2026
12. Asia Pacific Hard Coolers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hard Coolers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hard Coolers Market Size and Volume Forecast by Application
12.4.1. Camping
12.4.2. Fishing
12.4.3. Hunting
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hard Coolers Market Size and Volume Forecast by Type
12.7.1. Up to 15 Quarts
12.7.2. 16-39 Quarts
12.7.3. 40-99 Quarts
12.7.4. Above 100 Quarts
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hard Coolers Demand Share, 2019-2026
13. Middle East & Africa Hard Coolers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hard Coolers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hard Coolers Market Size and Volume Forecast by Application
13.4.1. Camping
13.4.2. Fishing
13.4.3. Hunting
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hard Coolers Market Size and Volume Forecast by Type
13.7.1. Up to 15 Quarts
13.7.2. 16-39 Quarts
13.7.3. 40-99 Quarts
13.7.4. Above 100 Quarts
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hard Coolers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hard Coolers Market: Market Share Analysis
14.2. Hard Coolers Distributors and Customers
14.3. Hard Coolers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. YETI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Igloo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Coleman
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. OtterBox
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Rubbermaid
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Grizzly
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Engel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bison Coolers
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ORCA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pelican
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. K2 coolers
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Stanley
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Koolatron
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
