LONDON--(BUSINESS WIRE)--The portable coolers market is expected to grow by USD 5.17 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the online portable coolers market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through Response, Recovery and Renew phases. Download a Free Sample Report on COVID-19
The portable coolers market will witness Negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to Increase as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
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Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Major Three Portable Coolers Market Participants:
Bison Coolers LLC
Bison Coolers LLC operates its business under various segments such as coolers, cases & duffels, drinkware, gear, accessories, gift cards, and replacement parts. The company offers wide range of portable coolers such as 25 Qt. Bison Cooler (GEN2) and 50 Qt. Bison Cooler (GEN2).
Cordova Outdoors operates its business under four segments, which include hard sided coolers, soft side, clearance, and drinkware. The company offers wide range of hard sided portable outdoor coolers such as Beach Blue Side Kick Cooler, Flag Red Side Kick Cooler, and Gray Light Gray Side Kick Cooler.
Dometic Group AB
Dometic Group AB operates its business under various segments such as recreational vehicles (RV), marine, commercial and passenger vehicles (CPV), and retail and lodging. The company offers wide range of electric portable coolers such as Dometic CFX3 45, Dometic CFX3 35, and Dometic CoolFreeze CFX 28.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technvaio.com/report/portable-coolers-market-industry-analysis
Portable Coolers Market 2020-2024: Segmentation
Portable coolers market is segmented as below:
- Residential or Recreational
- North America
- South America
The portable coolers market is driven by high consumption of draft and home-brewed beer. In addition, other factors such as technological advances in portable coolers are expected to trigger the portable coolers market toward witnessing a CAGR of almost 14% during the forecast period.
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- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.