An exciting new study from the team of Lucintel found that cooler market is expected to reach $2 billion by 2027 with a CAGR of 7.4%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

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The cooler market is segmented based on application, type, capacity, and region. In this market, hard body cooler is expected to remain the largest product type, and camping segment is expected to remain the largest application. Players can benefit from the available opportunities like growing interest in outdoor activities and higher per capita income.

Coolers with longer duration of temperature retention and manufacturing of coolers which can prevent contamination of the perishable items by microbial activities are emerging trends having impact on dynamics of the industry.

Newell Holdings, Igloo Coolers, Tokyo Plast, Coleman, Nilkamal, and Grizzly are some of the major players profiled in this 202 page report.

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Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the cooler market by application (camping, medical, and military cooler), product type (hard body cooler and soft body cooler), capacity (below 15 quarts, between 16 and 40 quarts, between 41 and 100 quarts, and above 100 quarts), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the cooler market?

Q.4 What are some changing demands of customers in the cooler market?

Q.5 What are the new developments in the cooler market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this cooler area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this cooler market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.