The global camping cooler market size is expected to reach USD 1.1 billion by 2032, according to a new study by Polaris Market Research. The report “Camping Cooler Market Share, Size, Trends, Industry Analysis Report, By Volume (< 25-quart, 25–50-quart, 50–75-quart, 75-100 quart, > 100 quart), By Product, By Application, By Region, And Segment Forecasts, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Anticipated growth in the market is attributed to the increasing adoption of innovative technologies in chiller manufacturing and the rising trend of outdoor activities. The changing camping landscape, influenced by the growing involvement of millennials in physical and recreational pursuits like backpacking, mountain biking, and hiking, indirectly contributes to the rising popularity of camping iceboxes.
According to the 2017 report from the Outdoor Industry Association, the yearly consumer spending on outdoor recreational activities in North America reached USD 887 billion. This figure surpasses the expenditures on essential amenities such as education, fuel, and medical care. Notably, approximately 50% of the U.S. population engages in at least one outdoor activity each year.
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Leading manufacturers in the camping and outdoor cooler market follow the practice of sourcing components from third-party vendors and incorporating them with their proprietary technology to create the final product. For instance, Yeti Coolers relies on partnerships with manufacturers such as Hedstrom Plastics & Solar Plastics to obtain product parts. These parts are then integrated into Yeti's rotomolded chillers, showcasing a collaborative approach to the production process.
Presently, thermoelectric coolers are predominantly marketed to consumers in the shape of compact wine-chilling systems and portable camping coolers, mainly due to their constrained capacity. Innovators like Phononic, based in North Carolina, are actively engaged in efforts to upscale the technology. They aim to develop full-size, full-capacity refrigeration systems by leveraging potent 50-millimeter semiconductor chips.
As environmentally friendly refrigeration technologies gain prominence, businesses are encouraged to explore the adoption of non-compressor-based systems. Despite potentially higher initial costs, these systems have the potential to yield substantial savings for businesses by mitigating compliance risks and minimizing expenses associated with refrigerant charge replacements. Additionally, transitioning to these technologies enables brands to demonstrate a commitment to sustainability, offering the opportunity to earn GreenChill certification and cultivate a reputation for environmental responsibility and accountability.
Camping Cooler Market Report Highlights
Polaris Market Research has segmented the camping cooler market report based on volume, product, application, and region:
Camping Cooler, Volume Outlook (Revenue - USD Billion, 2019 - 2032)
Camping Cooler, Product Outlook (Revenue - USD Billion, 2019 - 2032)
Camping Cooler, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Camping Cooler, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
Report Attributes |
Details |
Market size value in 2024 |
USD 813.86 million |
Revenue forecast in 2032 |
USD 1,068.30 million |
CAGR |
3.5% from 2024 – 2032 |
Base year |
2023 |
Historical data |
2019 – 2022 |
Forecast period |
2024 – 2032 |
Quantitative units |
Revenue in USD million and CAGR from 2024 to 2032 |
Segments covered |
By Volume, By Product, By Application, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Customization |
Report customization as per your requirements with respect to countries, region, and segmentation. |
For Specific Research Requirements |