Shoulder Strap Insulated Cooler Market

Shoulder Strap Insulated Cooler Market: Overview

Shoulder strap insulated cooler are temperature-resistant bags that shield the inside products from outside temperature conditions. To protect the internal product, the insulated sacs are thermally insulated. The materials for the thermal conductivity are used to make insulated containers. It protects the product against outside wind, humidity and light. The shoulder strap insulated cooler is used to supply food and to store the food items.

Shoulder strap insulated cooler are used for transporting temperature sensitive drugs in pharmaceutical industries. Such waterproof bags are evidence of spill, and maintain the quality of the drug. The insulated sacs prevent external temperature, light and shock from the internal material.

The demand for shoulder strap insulated cooler is growing because of the wide range of applications in food production, food storage, drugs, and biomedical materials such as cells, blood, organs to protect against heat, light, moisture, shock, and bacterial growth.

Shoulder Strap Insulated Cooler Market: Dynamics

The demand for Shoulder strap insulated cooler will increase during the forecast period as outdoor activities such as hiking, camping and fishing become increasingly popular. Shoulder strap insulated cooler is popular among hikers and campers due to the versatile nature of coolers.

Due to Shoulder strap insulated cooler temperature-sensitive nature and sterility, many pharmaceuticals and medical devices and products must be kept at cooler temperatures.

Some companies emphasize expanding their product range of shoulder strap insulated cooler with improved chillers materials, including dry compatibility, seamless rotational moulding, and use of rip-stop polyester fabrics to create pliable and collapsible chillers.

For example, In September 2017, Pelican Products Inc. was able to introduce a 48-sized soft-side cooler, with sweat-resistant interior fabric, a detachable padded shoulder harness, a buckle and click, and a high-density, closed-celled foam insulation, to allow ice retention for a longer period of time, which included ice boxes, drinkware and portable lighting systems.

The number of Tourists traveling by road in summer in North America has risen dramatically, which is increasing outdoor chillers sales. Decreasing fuel prices in the United States have contributed to many customers pursuing off-road operations. Due to factors such as a change in customer perception to spend on road trips and adventures, the value of a Shoulder strap insulated cooler has been growing.

Shoulder Strap Insulated Cooler Market: Regional Outlook

North America is expected to account for around 40% of total revenues by 2025. The U.S. is the largest market due to a continuous increase in the number of travellers opting for hiking and recreation. Since most chiller manufacturers and related products are based in the U.S., the marketing and sale of chillers in the U.S. is easier than the marketing of chiller brands in other locations.

The familiarity of consumers with known chiller brands is a driving factor in the U.S. market. Initiatives taken by the Government of Cambodia to develop adventure sports, such as trekking and hiking, to encourage more tourism to the country is expected to boost market growth.

Latin America will emerge during the forecast period as the most rapidly growing regional market with MEA. In 2018, spending on domestic and international travel by the tourist in Latin America increased as opposed to the previous year, the World Travel & Tourism Council announced. Big Brazilian campgrounds, such as Bahia, Porto Seguro, Pousada and Santa Clara, will see strong tourism growth and thus boost the demand in Latin America.

Ismail Sutaria

Principal Consultant

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Shoulder Strap Insulated Cooler Market: Key Players

• 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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on shoulder strap insulated cooler market segments and geographies.

Regional Analysis Includes

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East & Africa (MEA)

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Key Segments

The global shoulder strap insulated cooler market has been segmented on the basis of material, volume and end use.

Material

• Rack mount
• Portable

End Use

• Fishing/Marine
• Hunting
• Camping
• School
• Others