Cooler Bags Market to hit USD 5.4 billion by 2032, says
From GlobeNewswire: 2024-11-20 04:30:00
The Cooler Bags market was valued at USD 3.9 billion in 2023, with a projected CAGR of 3.8% from 2024 to 2032 due to increased demand from outdoor activities. Health-conscious consumers prefer refillable cooler bags made from sustainable materials, driving market growth.
Metal cooler bags led in revenue in 2023, expected to reach USD 1.8 billion by 2032. Cooler bags under 10 liters dominated, with revenues of USD 1.4 billion in 2023. North America is the largest market, generating USD 1.3 billion in 2023, projected to rise to USD 1.8 billion by 2032.
Major players in the Cooler Bags market include AO Coolers, Arctic Zone, Coleman Company, and YETI Holdings. The industry outlook includes factors affecting the value chain, profit margin analysis, disruptions, and future outlook. Consumers in North America drive market growth due to their interest in outdoor activities.
Read more at GlobeNewswire: Cooler Bags Market to hit USD 5.4 billion by 2032, says