Portable Coolers - Makes storage of food and beverages easy

Posted by Govind TMR on September 8th, 2022

The prominent companies in the global portable coolers market are heavily investing in research and development activities. This has resulted in presenting the users with a range of highly innovative and technologically advanced portable coolers. For instance, last year Igloo unveiled its eco-friendly portable cooler named “RECOOL.” While new cooler was manufactured using 100% biodegradable materials, it was intended to offer customers with an environmentally as well as cost-effective option to single-use foam coolers.

Some key players in the global portable coolers market are also attempting to attract customers by adding various functionalities such as incorporating tracking devices into portable coolers. Moreover, tapping innovative ways to grab the attention of the consumers in the global portable coolers market. Introduction of LED lights, battery-operated features, and mobile applications are some of the key efforts that highlight the innovation in the market.

Global Portable Coolers Market: Regional Assessment

On the regional front, Asia Pacific is expected to show promising growth avenues during estimated period. Some of the key factors contributing to the development of the portable coolers market are growing disposable incomes and growing urbanization in this region. In addition, rise in recreational activities is pushing the demand. Presence of emerging economies such as China in this region will aid in vigorous growth of the portable coolers market during forecast period. Besides, other key regions present in the market are Middle East and Africa, Europe, South America, and North America.

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