The latest market report published by Constancy Researchers “Global Metal Insulated Coolers Market: Growth, Future Prospects, COVID-19 Impact Analysis, Drivers, Restraints, Trends, Opportunities, Investment Landscape, and Competitive Analysis, 2017 – 2028”
Global Metal Insulated Coolers Market: Overview
The global metal insulated coolers market was valued at US$ XX Million in 2020 and is estimated to grow at a CAGR of XX% during the forecast period. The global metal insulated coolers market is anticipated to witness lucrative growth in the years to come due to the rising outdoor recreational activities along with the increased demand for eco-friendly packaging. Furthermore, the growing urbanization and enhanced demand for luxury products are some other key factors for the growth of the metal insulated coolers market during the forecast period. Moreover, the increased demand for biodegradable packaging across developed and developing economies is one of the key opportunities for the global metal insulated coolers market over the upcoming years. Besides, the volatile raw material cost is one of key factors estimated to hamper the global metal insulated coolers market growth in the years to come.
Global Metal Insulated Coolers Market: COVID-19 Impact
The impact of COVID-19 has been considered in the global metal insulated coolers market report published by Constancy Researchers Private Limited. According to Constancy Researchers Private Limited COVID-19 analysis on the global metal insulated coolers market, the demand for metal insulated coolers has decreased due to haltin the manufacturing industry worldwide during the COVID-19 period.
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Global Metal Insulated Coolers Market: Report Highlights
- Based on capacity, the 26-75 quart category had a significant share in the global neutraceutical packaging market in 2020 and presumed to witness lucrative growth over the forecast period. Besides, the 76-150 quart category is estimated to witness substantial growth during the forecast period.
- On the basis of product type, in the metal insulated coolers market, the hard coolers category had a major share in the global market in 2020 and is estimated to continue its dominant position during the forecast period.
- Based on the regional analysis, North America had a major share in the global metal insulated coolers market and is estimated to continue its dominant position over the upcoming years. This is majorly due to the presence of key market players along with the growing recreational activities in the region. On the other flip, Asia Pacific is estimated to witness lucrative growth during the forecast period owing to the rising per capital income in the region and growing urban population in the emerging economies.
- Mergers & acquisitions, new product launches, strategic partnerships, and collaborations among key players are estimated to be the key strategies in the global metal insulated coolers market.
- As per the research by Constancy Researchers Private Limited, the global metal insulated coolers market is highly fragmented in nature owing to the presence of a large number of players at the global, regional, and country-level.
List of Key Players of Global Metal Insulated Coolers Market
- Yeti Holdings Incorporation
- Igloo Products Corporation
- The Coleman Company Inc.
- Pelican Products Inc.
- Outdoor Recreation Company of America LLC
- Bison Coolers LLC
- Otter Products LLC
- RTIC Coolers LLC
- Koolatron Corporation
- Stanley
- Others
Global Metal Insulated Coolers Market: Segmentation
Constancy Researchers Private Limited has segmented the global metal insulated coolers market on the basis of capacity,material, product type, carrying method,and regional analysis-
Global Metal Insulated Coolers Market: By Capacity
- Below 25 quart
- 26-75 quart
- 76-150 quart
- Above 150 quart
Global Metal Insulated Coolers Market: By Product Type
- Hard Coolers
- Soft Coolers
Global Metal Insulated Coolers Market: By Carrying Method
- Side Handles
- Lid Handles
- Shoulder Strap
- Wheels
Global Metal Insulated Coolers Market: By Regional Analysis
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America (LATAM)
- Brazil
- Mexico
- Rest of Latin America (LATAM)
- Middle East & Africa (MEA)
- United Arab Emirates (UAE)
- Saudi Arabia
- Rest of Middle East & Africa (MEA)
