Cooler Box Global Market Report 2024

Description

Cooler Box Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on cooler box market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for cooler box? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cooler box market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Reusable; Disposable
2) By Product: Handle; Wheeled; Handle and Wheel
3) By Cooling Material: Wet Ice; Dry Ice; Gel Packs
4) By Raw Material: PU Foam; Expanded Polystyrene; Extruded Polystyrene; Expanded Polypropylene
5) By End Use: Pharmaceuticals; Food and Beverages
Companies Mentioned: Sonoco ThermoSafe; B Medical Systems S.a r.l.; BLOWKINGS; Nilkamal Limited; IsoNova Technologies LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

A cooler box is a portable cooling appliance crafted with insulating material to maintain its internal temperature, independent of external temperature variations. Its primary purpose is to preserve perishable goods, keeping them fresh and cool for an extended period. Typically, the cooler box remains closed, only being opened when access to items inside is needed.

The two main types of cooler boxes are reusable and disposable. Reusable cooler boxes can be employed multiple times to preserve goods by sustaining a low internal temperature for an extended duration. These boxes often feature more durable, thicker, and more effective insulation for prolonged cooling. Cooler boxes come in various forms, including handled and wheeled versions, utilizing cooling materials like wet ice, dry ice, and gel packs. Raw materials used in their production include PU foam, expanded polystyrene, extruded polystyrene, and expanded polypropylene. Cooler boxes are well-suited for applications in the pharmaceutical and food and beverage sectors.

The cooler box market research report is one of a series of new reports from The Business Research Company that provides cooler box market statistics, including cooler box industry global market size, regional shares, competitors with a cooler box market share, detailed cooler box market segments, market trends and opportunities, and any further data you may need to thrive in the cooler box industry. This cooler box market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The cooler box market size has grown rapidly in recent years. It will grow from $6.52 billion in 2023 to $7.29 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The growth in the historical period can be attributed to the boom in outdoor activities, increased usage of healthcare and pharmaceuticals, the popularity of outdoor events and festivals, the effects of urbanization and convenience, and the growth of food delivery services.

The cooler box market size is expected to see rapid growth in the next few years. It will grow to $11.64 billion in 2028 at a compound annual growth rate (CAGR) of 12.4%. The anticipated growth in the forecast period can be attributed to the increasing demand for portable storage, the growth of the healthcare and pharmaceutical sectors, the emphasis on sustainable and eco-friendly solutions, the rise in outdoor recreation and travel, the effects of urbanization and the pursuit of convenience, and the expanding growth in food delivery services. Major trends expected in this period include heightened demand in the beverage industry, ongoing innovations in design and portability, a focus on regulatory standards and compliance, and a drive towards customization and innovation in the sector.

The cooler box market is experiencing substantial growth, propelled by the expanding pharmaceutical industry. With a focus on preventing and curing diseases, the pharmaceutical sector relies on various temperature-sensitive products like test samples, blood packets, and vaccines. Cooler boxes play a crucial role in maintaining a consistently cold environment, ensuring the safe transportation of pharmaceutical goods. Notably, India's drug and pharmaceutical exports surged to $24.62 billion in 2021-22, highlighting the significance of cooler boxes in supporting the pharmaceutical industry's growth.

Government initiatives promoting agritourism farms are anticipated to drive the cooler box market forward. Agritourism involves tourists experiencing agricultural life, necessitating effective storage and transportation of perishable goods for farmers. Cooler boxes become indispensable for preserving the freshness of products during sales at agritourism farms. An example includes the Irish government allocating $3.06 million to fund 19 local agro-food tourism projects in June 2022, aiming to foster rural development and create opportunities for farmers and artisans. The support for agritourism activities underscores the increasing relevance of cooler boxes in diverse agricultural contexts.

Technological advancements are shaping the cooler box market, with key companies focusing on improving user experience and providing eco-friendly solutions. Igloo, a Texas-based cooler manufacturer, exemplifies this trend by introducing the ECOCOOL collection, the world's first hard-sided cooler made from recycled plastic. In addition, they launched Packable Puffer cooler bags made from post-consumer recycled plastic bottles. These innovations demonstrate a commitment to sustainability, utilizing recycled materials to create efficient and environmentally conscious cooler solutions.

In the pursuit of sustaining market leadership, major cooler box manufacturers are introducing innovative products. Pelican Products, Inc., a US-based company specializing in protective cases and coolers, launched the PelicanTM 8QT Personal Cooler in November 2022. This portable lunchbox cooler, designed with premium features and Pelican's renowned durability, promises superior cold retention throughout the day. With a capacity to hold up to 8 canned drinks, the cooler features a removable and reusable integrated ice pack, ensuring optimal cooling for food and beverages. Such advancements contribute to the evolution of cooler boxes, meeting the dynamic needs of consumers and industries.

Market dynamics in the cooler box industry are influenced by strategic acquisitions. Cold Chain Technologies LLC, a US-based provider of insulated packaging solutions, acquired Packaging Technology Group in March 2022. This strategic move expands Cold Chain Technologies' product portfolio by incorporating recyclable thermal packaging solutions. Packaging Technology Group, a provider of thermally engineered packaging solutions for the biotech, biopharmaceutical, and medical industries, aligns with Cold Chain Technologies' commitment to delivering innovative and reliable temperature-controlled packaging solutions.

Major companies operating in the cooler box market report are Sonoco ThermoSafe, B Medical Systems S.a r.l., BLOWKINGS, Nilkamal Limited, IsoNova Technologies LLC, Eurobox Logistics S.A., Softbox Systems Ltd., Sofrigam S.A., CIP Industries B.V., Coldchain Controls LLC, Apex International, The Cool Ice Box Company Ltd., Outdoor Recreation Company of America, WildCoolers LLC, Liderkit S.A., K2 Coolers LLC, Yeti Holdings Inc., Pelican Products Inc., Igloo Products Corp., Grizzly Coolers LLC, Rubbermaid Inc., Engel Coolers LLC, The Rubbermaid Company, Polar Bear Coolers LLC, Canyon Coolers LLC, RTIC Coolers LLC, California Innovations Inc., Wal-Mart Stores Inc., Coleman Company Inc., and Stanley Black & Decker Inc.

North America was the largest region in the cooler box market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cooler box market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the cooler box market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The cooler box market consists of sales of hard-sided coolers, beach coolers, travel coolers, backpack coolers, and camping coolers. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r12588

1. Executive Summary

2. Cooler Box Market Characteristics

3. Cooler Box Market Trends And Strategies

4. Cooler Box Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Cooler Box Market Size and Growth

5.1. Global Cooler Box Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Cooler Box Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Cooler Box Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Cooler Box Market Segmentation

6.1. Global Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Reusable
Disposable
6.2. Global Cooler Box Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Handle
Wheeled
Handle and Wheel
6.3. Global Cooler Box Market, Segmentation By Cooling Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Wet Ice
Dry Ice
Gel Packs
6.4. Global Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
PU Foam
Expanded Polystyrene
Extruded Polystyrene
Expanded Polypropylene
6.5. Global Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Pharmaceuticals
Food and Beverages

7. Cooler Box Market Regional And Country Analysis

7.1. Global Cooler Box Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Cooler Box Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Cooler Box Market

8.1. Asia-Pacific Cooler Box Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Cooler Box Market

9.1. China Cooler Box Market Overview
9.2. China Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Cooler Box Market

10.1. India Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Cooler Box Market

11.1. Japan Cooler Box Market Overview
11.2. Japan Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Cooler Box Market

12.1. Australia Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Cooler Box Market

13.1. Indonesia Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Cooler Box Market

14.1. South Korea Cooler Box Market Overview
14.2. South Korea Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Cooler Box Market

15.1. Western Europe Cooler Box Market Overview
15.2. Western Europe Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Cooler Box Market

16.1. UK Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Cooler Box Market

17.1. Germany Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Cooler Box Market

18.1. France Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Cooler Box Market

19.1. Italy Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Cooler Box Market

20.1. Spain Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Cooler Box Market

21.1. Eastern Europe Cooler Box Market Overview
21.2. Eastern Europe Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Cooler Box Market

22.1. Russia Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Cooler Box Market

23.1. North America Cooler Box Market Overview
23.2. North America Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Cooler Box Market

24.1. USA Cooler Box Market Overview
24.2. USA Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Cooler Box Market

25.1. Canada Cooler Box Market Overview
25.2. Canada Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Cooler Box Market

26.1. South America Cooler Box Market Overview
26.2. South America Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Cooler Box Market

27.1. Brazil Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Cooler Box Market

28.1. Middle East Cooler Box Market Overview
28.2. Middle East Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Cooler Box Market

29.1. Africa Cooler Box Market Overview
29.2. Africa Cooler Box Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Cooler Box Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Cooler Box Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Cooler Box Market Competitive Landscape And Company Profiles

30.1. Cooler Box Market Competitive Landscape
30.2. Cooler Box Market Company Profiles
- 30.2.1. Sonoco ThermoSafe
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. B Medical Systems S.a r.l.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. BLOWKINGS
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Nilkamal Limited
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. IsoNova Technologies LLC
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Cooler Box Market Competitive Benchmarking

32. Global Cooler Box Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Cooler Box Market

34. Cooler Box Market Future Outlook and Potential Analysis

34.1 Cooler Box Market In 2028 - Countries Offering Most New Opportunities
34.2 Cooler Box Market In 2028 - Segments Offering Most New Opportunities
34.3 Cooler Box Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer