The Asia Pacific Retail Coolers Market would witness market growth of 8.6% CAGR during the forecast period (2021-2027).
A ride-on cooler is a type of vehicle that can store and refrigerate beverages and other food items. It's made up of a low-powered engine and a go-cart frame with the cooler serving as a seat in the vehicle. The ride-on cooler can transport food and drinks over short distances and is ideal for usage in a small backyard, a neighborhood, or at large outdoor gatherings. A trailer hitch can be added to the ride-on cooler, allowing it to carry an additional cooler as a carriage.
In addition, retail coolers have a wide spectrum of power. Electric motors range in power from 250 watts (0.3 horsepower) to 2,000 watts (2.7 horsepower) and are powered by 12- to 60-volt batteries. Gas-powered engines typically have a displacement range of 33 to 205 cubic centimeters (2.0 to 12.5 cu in) with a top speed of 13 miles per hour (21 km/h), however, market players are determined toward creating more enhanced variants.
Retail coolers are also being broadly utilized in grocery stores across this region in order to preserve fruits and vegetables. In addition, according to The National Center for Biotechnology Information, the production of fruits and vegetables accounts for approximately 209.72 million tons annually. Moreover, fruits and vegetables contaminate if left at normal temperature. To prevent contamination of them, the utilization of retail coolers with a capacity of above 50 quarts is rapidly rising. Moreover, the retail coolers are also being widely employed in small-scaled liquor stores to store alcohol in cold temperatures.
Moreover, India comprises a significant retail industry. According to the Maharashtra Industry Trade and Investment Cell, in 2016, the retail industry of this country contributed 15% of the entire GDP of the country.
The China market dominated the Asia Pacific Retail Coolers Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $165.3 million by 2027. The Japan market is exhibiting a CAGR of 7.9% during (2021 - 2027). Additionally, The India market would display CAGR of 9.3% during (2021 - 2027).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Capacity, the market is segmented into Above 50 quarts, Between 26 to 50 quarts, Between 11 to 25 quarts, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Retail Coolers Market is Projected to reach USD 1.9 Billion by 2027, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Polar Bear Coolers, ORCA (Outdoor Recreation Company of America), LLC, Plastilite Corporation, Bison Coolers, Grizzly Coolers, LLC, Huntington Solutions, LLC, ICEE Containers Pty Ltd., Yeti holdings, Inc., and Newell Brands, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Capacity
- Above 50 quarts
- Between 26 to 50 quarts
- Between 11 to 25 quarts
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Polar Bear Coolers
- ORCA (Outdoor Recreation Company of America), LLC
- Plastilite Corporation
- Bison Coolers
- Grizzly Coolers, LLC
- Huntington Solutions, LLC
- ICEE Containers Pty Ltd
- Yeti holdings, Inc.
- Newell Brands, Inc
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Retail Coolers Market, by Distribution Channel
1.4.2 Asia Pacific Retail Coolers Market, by Capacity
1.4.3 Asia Pacific Retail Coolers Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Retail Coolers Market by Distribution Channel
3.1 Asia Pacific Offline Market by Country
3.2 Asia Pacific Online Market by Country
Chapter 4. Asia Pacific Retail Coolers Market by Capacity
4.1 Asia Pacific Above 50 quarts Market by Country
4.2 Asia Pacific Between 26 to 50 quarts Market by Country
4.3 Asia Pacific Between 11 to 25 quarts Market by Country
4.4 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Retail Coolers Market by Country
5.1 China Retail Coolers Market
5.1.1 China Retail Coolers Market by Distribution Channel
5.1.2 China Retail Coolers Market by Capacity
5.2 Japan Retail Coolers Market
5.2.1 Japan Retail Coolers Market by Distribution Channel
5.2.2 Japan Retail Coolers Market by Capacity
5.3 India Retail Coolers Market
5.3.1 India Retail Coolers Market by Distribution Channel
5.3.2 India Retail Coolers Market by Capacity
5.4 South Korea Retail Coolers Market
5.4.1 South Korea Retail Coolers Market by Distribution Channel
5.4.2 South Korea Retail Coolers Market by Capacity
5.5 Singapore Retail Coolers Market
5.5.1 Singapore Retail Coolers Market by Distribution Channel
5.5.2 Singapore Retail Coolers Market by Capacity
5.6 Malaysia Retail Coolers Market
5.6.1 Malaysia Retail Coolers Market by Distribution Channel
5.6.2 Malaysia Retail Coolers Market by Capacity
5.7 Rest of Asia Pacific Retail Coolers Market
5.7.1 Rest of Asia Pacific Retail Coolers Market by Distribution Channel
5.7.2 Rest of Asia Pacific Retail Coolers Market by Capacity
Chapter 6. Company Profiles
6.1 Polar Bear Coolers
6.1.1 Company Overview
6.2 ORCA (Outdoor Recreation Company of America), LLC
6.2.1 Company Overview
6.2.2 Recent strategies and developments:
6.2.2.1 Partnerships, Collaborations, and Agreements:
6.2.2.2 Product Launches and Product Expansions:
6.3 Plastilite Corporation
6.3.1 Company Overview
6.4 Bison Coolers
6.4.1 Company Overview
6.5 Grizzly Coolers, LLC
6.5.1 Company Overview
6.6 Huntington Solutions, LLC
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Partnerships, Collaborations, and Agreements:
6.7 ICEE Containers Pty Ltd
6.7.1 Company Overview
6.8 Yeti Holdings, Inc.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Regional & Segmental Analysis
6.8.4 Recent strategies and developments:
6.8.4.1 Partnerships, Collaborations, and Agreements:
6.9 Newell Brands, Inc.
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expense
6.9.5 Recent strategies and developments:
6.9.5.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Asia Pacific Retail Coolers Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Retail Coolers Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Retail Coolers Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Retail Coolers Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Offline Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Offline Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Online Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Online Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Retail Coolers Market by Capacity, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Retail Coolers Market by Capacity, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Above 50 quarts Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Above 50 quarts Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Between 26 to 50 quarts Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Between 26 to 50 quarts Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Between 11 to 25 quarts Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Between 11 to 25 quarts Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Retail Coolers Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Retail Coolers Market by Country, 2021 - 2027, USD Million
TABLE 21 China Retail Coolers Market, 2017 - 2020, USD Million
TABLE 22 China Retail Coolers Market, 2021 - 2027, USD Million
TABLE 23 China Retail Coolers Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 24 China Retail Coolers Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 25 China Retail Coolers Market by Capacity, 2017 - 2020, USD Million
TABLE 26 China Retail Coolers Market by Capacity, 2021 - 2027, USD Million
TABLE 27 Japan Retail Coolers Market, 2017 - 2020, USD Million
TABLE 28 Japan Retail Coolers Market, 2021 - 2027, USD Million
TABLE 29 Japan Retail Coolers Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 30 Japan Retail Coolers Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 31 Japan Retail Coolers Market by Capacity, 2017 - 2020, USD Million
TABLE 32 Japan Retail Coolers Market by Capacity, 2021 - 2027, USD Million
TABLE 33 India Retail Coolers Market, 2017 - 2020, USD Million
TABLE 34 India Retail Coolers Market, 2021 - 2027, USD Million
TABLE 35 India Retail Coolers Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 36 India Retail Coolers Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 37 India Retail Coolers Market by Capacity, 2017 - 2020, USD Million
TABLE 38 India Retail Coolers Market by Capacity, 2021 - 2027, USD Million
TABLE 39 South Korea Retail Coolers Market, 2017 - 2020, USD Million
TABLE 40 South Korea Retail Coolers Market, 2021 - 2027, USD Million
TABLE 41 South Korea Retail Coolers Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 42 South Korea Retail Coolers Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 43 South Korea Retail Coolers Market by Capacity, 2017 - 2020, USD Million
TABLE 44 South Korea Retail Coolers Market by Capacity, 2021 - 2027, USD Million
TABLE 45 Singapore Retail Coolers Market, 2017 - 2020, USD Million
TABLE 46 Singapore Retail Coolers Market, 2021 - 2027, USD Million
TABLE 47 Singapore Retail Coolers Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 48 Singapore Retail Coolers Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 49 Singapore Retail Coolers Market by Capacity, 2017 - 2020, USD Million
TABLE 50 Singapore Retail Coolers Market by Capacity, 2021 - 2027, USD Million
TABLE 51 Malaysia Retail Coolers Market, 2017 - 2020, USD Million
TABLE 52 Malaysia Retail Coolers Market, 2021 - 2027, USD Million
TABLE 53 Malaysia Retail Coolers Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 54 Malaysia Retail Coolers Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 55 Malaysia Retail Coolers Market by Capacity, 2017 - 2020, USD Million
TABLE 56 Malaysia Retail Coolers Market by Capacity, 2021 - 2027, USD Million
TABLE 57 Rest of Asia Pacific Retail Coolers Market, 2017 - 2020, USD Million
TABLE 58 Rest of Asia Pacific Retail Coolers Market, 2021 - 2027, USD Million
TABLE 59 Rest of Asia Pacific Retail Coolers Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 60 Rest of Asia Pacific Retail Coolers Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 61 Rest of Asia Pacific Retail Coolers Market by Capacity, 2017 - 2020, USD Million
TABLE 62 Rest of Asia Pacific Retail Coolers Market by Capacity, 2021 - 2027, USD Million
TABLE 63 Key information – POLAR BEAR COOLERS
TABLE 64 Key information – Orca (Outdoor Recreation Company of America), LLC
TABLE 65 Key information – Plastilite Corporation
TABLE 66 Key information – Bison Coolers
TABLE 67 Key information – Grizzly Coolers, LLC
TABLE 68 Key information – Huntington Solutions, LLC
TABLE 69 Key information – ICEE Containers Pty Ltd
TABLE 70 Key information – Yeti Holdings, Inc.
TABLE 71 Key information – Newell Brands, Inc.
List of Figures
FIG 1 Methodology for the research