News

Global Portable Coolers Market To Be Driven By The Increasing Temperature Due To Global Warming In The Forecast Period Of 2021-2026

Portable Coolers Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026 | EMR Inc.

The new report by Expert Market Research titled, ‘Global Portable Coolers Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global portable coolers market, assessing the market based on its segments like distribution channel, application, end-use, product and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Request a free sample copy in PDF or view the report [email protected] https://www.expertmarketresearch.com/reports/portable-coolers-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Forecast CAGR (2021-2026): 14.0%
  • Forecast Market Size (2026): USD 5 Billion

It has been reportedly observed that the earth’s temperature has been rising at a pace of 0.32° F (0.18° C) per decade over the last 40 years.  This corresponds to the growing concern and consequence of global warming. According to National Oceanic and Atmospheric Administration (NOAA)’s temperature data, 2020 was the second-warmest year on record, with land areas reaching new highs. These factors have led to increasing usage of coolers, leading to the market growth of portable coolers as well. Increasing pollution levels due to rapid urbanisation and rising population in India and China, is expected to contribute a significant growth in the portable cooler market in Asia Pacific region.

Industry Definition and Major Segments

Portable coolers, also known as ventless coolers, operate on the concept of evaporation. It consists of a box-like enclosure that has a walled fan and water-soaked pads inside. The fan takes in warm air and transfers it towards wet pads which helps to lower the temperature significantly.

Explore the full report with the table of [email protected] https://www.expertmarketresearch.com/reports/portable-coolers-market

On the basis of end-use, the market is segmented into:

  • Residential or Recreational
  • Commercial and Government

Based on distribution channel, the market is divided into:

Based on product, the market is segmented into:

  • Hard-Sided Coolers
  • Soft-Sided Coolers

The application areas are bifurcated into:

  • Dry Camping
  • Backpacking
  • Off-road/RV Camping
  • Others

The major regional markets include:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Market Trends

Consumers are leaning towards more compact solutions, globally. Portable air coolers have the advantage of being lightweight, versatile, and do not require complex installation. They can also be more energy efficient to run because they are often used to cool only specific areas of the home or to supplement focused forced air systems. Some portable coolers are battery operated and cater to a single person’s use. Growing global concerns for rising global warming is also forcing people to consider more energy efficient solutions. Moreover, there is a lot of product innovation to adapt to various needs of the end users. For example, coolers for camping and also cooler bags for carrying food and beverage for trips are being developed to enhance the personal experience of campers. These trends are driving the portable coolers market globally.

Key Market Players

The major players in the market are AO Coolers, Bison Coolers, Engel Coolers, Grizzly Coolers, Igloo Products Corp., and K2 Coolers, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Read More Reports:

Global Location Analytics Market: https://www.expertmarketresearch.com/reports/location-analytics-market

Global Management Decision Market: https://www.expertmarketresearch.com/reports/management-decision-market

Global Robotics Technology Market: https://www.expertmarketresearch.com/reports/robotics-technology-market

Global Head-Mounted Display Market: https://www.expertmarketresearch.com/reports/head-mounted-display-market

Global Solar Panel Recycling Market: https://www.expertmarketresearch.com/reports/solar-panel-recycling-market

Global Fast Casual Restaurant Market: https://www.expertmarketresearch.com/reports/fast-casual-restaurant-market

Global Portable Power Station Market: https://www.expertmarketresearch.com/reports/portable-power-station-market

Global Wind Turbine Rotor Blade Market: https://www.expertmarketresearch.com/reports/wind-turbine-rotor-blade-market

Global Diisononyl Phthalate (DINP) Market: https://www.expertmarketresearch.com/reports/diisononyl-phthalate-dinp-market

Global Laser Capture Microdissection Market: https://www.expertmarketresearch.com/reports/laser-capture-microdissection-market

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: EMR Inc.
Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A.
Email: [email protected]
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com

Also Visit: https://expertmarketresearch-emr.blogspot.com/

Also, Check Procurement Intelligence which provides you with Infallible research solutions.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button