Global Camping Coolers Market Size, Share & Trends Report, by Type (Metal Coolers, Plastic Coolers, and Fabric Coolers), by Application (Backyard and Car Camping, RV Camping and Backpacking) Forecast (2022-2028)
The global camping coolers market is anticipated to grow at a considerable CAGR of 5% during the forecast period (2022-2028). Growing participation in outdoor recreational activities such as RVing, Camping, and others is anticipated to drive the growth of the global camping coolers market. For instance, as per the data published by Outddor Industry Association in 2020, 50.7 of Americans participated in at least one outdoor activity in 2019, out of which 46.2% accounted for female participants. Also according to the Bureau of Economic Analysis, the outdoor recreation economy accounted for 1.8% of the total Gross Domestic Product of the nation in 2020. The industry segments such as biking, camping, and RVing experienced significant sales and unprecedented growth. The RV Industry Association Vice President of Government Affairs anticipated that approximately 20.0% of RVs will be built in 2021, and the streak is projected to continue into 2022.
According to the 2022 Annual North America Camping Report, camping accounted for 40.0% of all leisure trips with more than half of travelers including camping in some or all of their travel. In 2021, more than 9.8 million North American households were considered campers. In addition, 54.0% of new campers who had at least one camping experience originated from non-white groups. Furthermore, urban residents are one of the most avid camping segments. 44.0% of urban residents are anticipated to replace a leisure trip with a camping trip in 2022. Thus, the growing participation in outdoor recreational activities is anticipated to fuel the demand for the global camping coolers market.
The increasing number of tourists is anticipated to support the growth of the global camping coolers market. According to the data published by United Nations World Tourism Organization (UNWTO) in 2020, 1.5 billion international tourist arrivals were recorded in 2019. Further, Asia Pacific had shown above-average growth for both domestic and international arrivals. For instance, as per the Ministry of Tourism, India had witnessed more than 10.93 million tourist arrivals in 2019. Further, domestic tourist visits had crossed 2321.98 million, while foreign tourists’ visits have crossed 31.4 million in 2019. Moreover, Europe welcomed more than 743 million international tourists in 2019.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Yeti Coolers, Llc., The Coleman Co.Inc., and Bison Coolers among others
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Camping Coolers Market Report by Segment
By Type
- Metal Coolers
- Plastic Coolers
- Fabric Coolers
By Application
- Backyard and Car Camping
- RV Camping
- Backpacking
The report will be delivered within 48-72 hours after payment confirmation