The global demand for Shoulder Strap Insulated Cooler Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Shoulder strap insulated cooler is thermally insulated shipping containers. They are temperature and leak-resistant. It has a heat-sealed antimicrobial liner that keeps the drinks and snacks chilled for long hours. The purpose of such bags is to protect the internal product from external moisture, heat, light and bacteria, fungus growth. It is majorly used in the food and medical sectors for preserving food, medicated products, and biomedical materials such as cells, organs, blood, etc. They are made up of high-quality materials, convenient to store, and have a stylish appearance.
The increasing demand and the growing popularity of shoulder strap insulated cooler among hikers and campers are the primary factor leading to the market growth. The high demand for insulated cooler bags in the pharmaceutical & healthcare industries due to their temperature-sensitive nature and sterility contributes to the shoulder strap insulated cooler market growth. The change in customer perception to spend on road trips and adventures is also positively impacted the market growth. Moreover, the growing initiatives taken by the government towards encouraging more tourism are likely to provide profitable growth opportunities for key players of the shoulder strap insulated cooler market in the coming years.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of shoulder strap insulated cooler.
The entire shoulder strap insulated cooler market has been sub-categorized into material and end-use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End Use
This section covers regional segmentation which accentuates on current and future demand for shoulder strap insulated cooler market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Shoulder Strap Insulated Cooler Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the shoulder strap insulated cooler market include Yeti Coolers, LLC, AO Coolers, The Coleman Company Inc., Pelican Products Inc., Outdoor Active Gear, Igloo Products Corp., Grizzly Coolers, Bison Coolers., Engel, Artic Zone. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.