Home > Consumer Goods & Services > Retail > Recreational Products > Cooler Bags Market

Cooler Bags Market Trends

Report ID: GMI11728
Published Date: Oct 2024
Report Format: PDF

Download Free Sample

Cooler Bags Market Trends

One prominent trend is the rising demand for high-performance cooler bags that keep food and drinks cold for longer periods. This demand is driven by the growing popularity of outdoor activities like camping, hiking, and beach trips. Consumers also prefer cooler bags with features like built-in chargers, leak-proof compartments, and wheels for easy carrying. Additionally, there is a shift towards eco-friendly cooler bags made from sustainable materials like recycled fabrics and insulation. This change reflects increasing consumer awareness and demand for environmentally friendly products. According to the Outdoor Industry Association, the popularity of outdoor activities has significantly boosted the demand for high-performance and eco-friendly cooler bags.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market size for cooler bags was valued at USD 3.9 billion in 2023 and is estimated to grow at a 3.8% CAGR from 2024 to 2032, driven by increased participation in outdoor activities such as camping, picnicking, and fishing.

The metal cooler bags segment recorded USD 1.3 billion in 2023 and is expected to reach USD 1.8 billion by 2032. These bags are preferred due to their superior durability, insulation, and longevity compared to fabric or plastic options.

The North America industry recorded USD 1.3 billion in 2023 and is expected to reach USD 1.8 billion by 2032. This growth is led by the popularity of outdoor activities and the preference for durable, portable products in the U.S. and Canada.

Key players in the industry include AO Coolers, Arctic Zone, Carhartt, Coleman Company, Dometic Group, Engel Coolers, Grizzly Coolers, Hydro Flask, and Igloo Products Corp.