Cooler Box Market - Global Industry Analysis

Cooler Box Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Consumer Goods Report Format : PDF Report Code: ZMR-6548 Status : Upcoming

Description

Global Cooler Box Market: Overview

A cooler box is a device that assists in keeping biodegradable items and beverages fresh for a longer period. It is a portable device and can store food near the freezing point from hours to days. It is a non-mechanical compact wrapped box to store drinks and food. Ice cubes are kept in a box to keep the content fresh and cool. The cooler boxes are widely used while going for vacations, holidays, and picnics. Such boxes also help to carry cold groceries home. Some of the coolers have built-in cup holders on the surface of the lid. These are made up of plastic and are available in various sizes. Large boxes are utilized for family affairs while small ones are used for personal use.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Cooler Box Market: Growth Factors

The surging requirement for temperature control to prevent food loss is one of the major factors driving the growth of the global cooler box market. Economic & environmental sustainability and minimal food waste are key areas of focus in the food sector. Food waste is caused due to a large number of reasons. Perishable food products are often exposed to temperature fluctuations, and while in transportation it spoils the food. Therefore, the thermal control packaging solutions like cooler boxes are much in demand to combat such a growing issue globally. The growing economies like China, India, and Brazil are offering ample thrust to the growth of the insulated packaging sector. There is a strong growth in demand for the packaging of a diverse array of products including poultry, fish, and meat among other perishable items. Such a landscape is likely to positively impact the growth of the global market in the forthcoming years. However, such surging demand is inducing manufacturers to explore the untapped potential of the market. The outbreak of the Covid-19 has significantly escalated the sales for cooler boxes owing to the fact that rigorous Covid-19 vaccination drives demand for cooler boxes to store vaccines.

Global Cooler Box Market: Segmentation

The global cooler box market can be segmented into end-user, raw material, type, and region.

By end-user, the market can be segmented into expanded polypropylene, extruded polystyrene, expanded polystyrene, polyurethane foam, and others. The polyurethane foam segment accounts for the largest share in the global cooler box market due to its low thermal conductivity.

By end-user, the market can be segmented into the food & beverages and pharmaceutical sector. By type, the market can be segmented into disposable and reusable. It helps in saving space by reducing insulation thickness and still achieving insulation efficiency. The reusable cooler box segment holds the largest share in the global cooler box market due to its growing usage in the pharmaceutical sector.

Global Cooler Box Market: Regional analysis

Asia Pacific accounts for the largest share in the global cooler box market due to the rapidly proliferating pharmaceutical sector in the region. However, the availability of raw materials and cheap labor in the region will attract manufacturers to set up cooler boxes manufacturing plants in the region.

North America is expected to be the fastest-growing segment during the forecast period due to the presence of strong healthcare infrastructure in the region. Furthermore, the growing demand from consumers for cooler boxes for vacations, holidays, and picnics is likely to further accentuate the growth of the regional market in the forthcoming years.

Global Cooler Box Market: Competitive Players

Some of the significant players in the global cooler box market are Sofrigam Group, Softbox Systems Ltd., Eurobox Logistics, Coldchain Technologies, Inc., ISONOVA, B Medical Systems, Sonoco ThermoSafe, Blowkings, AUCMA Company Limited, Embalex S.L.U., Polar Tech Industries Inc., Harwal Group of Companies, Engel Coolers, Cambro, Coleman Company, Inc., Koolatron, Grizzly Coolers LLC, K2 coolers, Rollawaycontainer, MB Plastic Industries, Dhruvraj Syndicate, YETI Coolers, LLC, Liderkit, Igloo Coolers, and CIP Industries CC.

Global Cooler Box Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The surging requirement for temperature control to prevent food loss is one of the major factors driving the growth of the global cooler box market. Economic & environmental sustainability and minimal food waste are key areas of focus in the food sector. Food waste is caused due to a large number of reasons.

Some of the significant players in the global cooler box market are Sofrigam Group, Softbox Systems Ltd., Eurobox Logistics, Coldchain Technologies, Inc., ISONOVA, B Medical Systems, Sonoco ThermoSafe, Blowkings, AUCMA Company Limited, Embalex S.L.U., and Polar Tech Industries Inc.

Asia Pacific accounts for the largest share in the global cooler box market due to the rapidly proliferating pharmaceutical sector in the region. However, the availability of raw materials and cheap labor in the region will attract manufacturers to set up cooler boxes manufacturing plants in the region.

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