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The market seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such Arctic Zone, Bison Coolers, Cabela’s Inc., Campingaz, Coleman Company, Inc., Engel Coolers, Grizzly Coolers and IceMule Coolers collectively held around 5%-10% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.
Major players operating in the cooling boxes industry are: