The North America Retail Coolers Market would witness market growth of 5.4% CAGR during the forecast period (2021-2027).
Retail coolers work in a circular process and operate at temperatures between 0 and 13 degrees Celsius. Retail coolers and refrigeration equipment are designed with an in-built evaporator, a compressor, and a condensing coil. The refrigerant flow is induced from the compressor to the condenser, then into the expansion device via the evaporator, and back to the compressor. The refrigerant absorbs heat from items that are stored inside the cooler and ejects it through evaporation and condensation from the commercial cooler. The heat is frequently expelled outside the cooler, and inside the facility, or into cold water after the process.
The compressor is positioned on the top of certain reach-in coolers; while, it is located on the bottom of various reach-in coolers. Reach-in coolers with compressors at the bottom are most appropriate for hotter environments. Floors are often colder as the temperature rises.
The increasing demand for frozen and preserved food across various countries of the region is a significant reason, due to which, retail coolers are widely being utilized in this region. Due to the hectic lifestyle of the people, the demand for easy-to-cook and ready-to-eat food is constantly increasing. Frozen food saves a lot of time and effort of people, hence, gaining the traction of people. This is owing to the attribute that retail coolers can keep the edible fresh for a longer period of time.
In addition, according to The National Center for Biotechnology Information, frozen seafood constitutes approximately 70% of the overall food that is being consumed across the US. Moreover, this number is estimated to increase in the coming years.
The US market dominated the North America Retail Coolers Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $479.9 million by 2027. The Canada market is anticipated to grow at a CAGR of 7.7% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 7.9% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Retail Coolers Market is Estimated to reach $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
- US
- Canada
- Mexico
- Rest of North America
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 North America Retail Coolers Market, by Distribution Channel
1.4.2 North America Retail Coolers Market, by Capacity
1.4.3 North America 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. North America Retail Coolers Market by Distribution Channel
3.1 North America Offline Market by Country
3.2 North America Online Market by Country
Chapter 4. North America Retail Coolers Market by Capacity
4.1 North America Above 50 quarts Market by Country
4.2 North America Between 26 to 50 quarts Market by Country
4.3 North America Between 11 to 25 quarts Market by Country
4.4 North America Others Market by Country
Chapter 5. North America Retail Coolers Market by Country
5.1 US Retail Coolers Market
5.1.1 US Retail Coolers Market by Distribution Channel
5.1.2 US Retail Coolers Market by Capacity
5.2 Canada Retail Coolers Market
5.2.1 Canada Retail Coolers Market by Distribution Channel
5.2.2 Canada Retail Coolers Market by Capacity
5.3 Mexico Retail Coolers Market
5.3.1 Mexico Retail Coolers Market by Distribution Channel
5.3.2 Mexico Retail Coolers Market by Capacity
5.4 Rest of North America Retail Coolers Market
5.4.1 Rest of North America Retail Coolers Market by Distribution Channel
5.4.2 Rest of North America 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 North America Retail Coolers Market, 2017 - 2020, USD Million
TABLE 2 North America Retail Coolers Market, 2021 - 2027, USD Million
TABLE 3 North America Retail Coolers Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 4 North America Retail Coolers Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 5 North America Offline Market by Country, 2017 - 2020, USD Million
TABLE 6 North America Offline Market by Country, 2021 - 2027, USD Million
TABLE 7 North America Online Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Online Market by Country, 2021 - 2027, USD Million
TABLE 9 North America Retail Coolers Market by Capacity, 2017 - 2020, USD Million
TABLE 10 North America Retail Coolers Market by Capacity, 2021 - 2027, USD Million
TABLE 11 North America Above 50 quarts Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Above 50 quarts Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Between 26 to 50 quarts Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Between 26 to 50 quarts Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Between 11 to 25 quarts Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Between 11 to 25 quarts Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Retail Coolers Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Retail Coolers Market by Country, 2021 - 2027, USD Million
TABLE 21 US Retail Coolers Market, 2017 - 2020, USD Million
TABLE 22 US Retail Coolers Market, 2021 - 2027, USD Million
TABLE 23 US Retail Coolers Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 24 US Retail Coolers Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 25 US Retail Coolers Market by Capacity, 2017 - 2020, USD Million
TABLE 26 US Retail Coolers Market by Capacity, 2021 - 2027, USD Million
TABLE 27 Canada Retail Coolers Market, 2017 - 2020, USD Million
TABLE 28 Canada Retail Coolers Market, 2021 - 2027, USD Million
TABLE 29 Canada Retail Coolers Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 30 Canada Retail Coolers Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 31 Canada Retail Coolers Market by Capacity, 2017 - 2020, USD Million
TABLE 32 Canada Retail Coolers Market by Capacity, 2021 - 2027, USD Million
TABLE 33 Mexico Retail Coolers Market, 2017 - 2020, USD Million
TABLE 34 Mexico Retail Coolers Market, 2021 - 2027, USD Million
TABLE 35 Mexico Retail Coolers Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 36 Mexico Retail Coolers Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 37 Mexico Retail Coolers Market by Capacity, 2017 - 2020, USD Million
TABLE 38 Mexico Retail Coolers Market by Capacity, 2021 - 2027, USD Million
TABLE 39 Rest of North America Retail Coolers Market, 2017 - 2020, USD Million
TABLE 40 Rest of North America Retail Coolers Market, 2021 - 2027, USD Million
TABLE 41 Rest of North America Retail Coolers Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 42 Rest of North America Retail Coolers Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 43 Rest of North America Retail Coolers Market by Capacity, 2017 - 2020, USD Million
TABLE 44 Rest of North America Retail Coolers Market by Capacity, 2021 - 2027, USD Million
TABLE 45 Key information – POLAR BEAR COOLERS
TABLE 46 Key information – Orca (Outdoor Recreation Company of America), LLC
TABLE 47 Key information – Plastilite Corporation
TABLE 48 Key information – Bison Coolers
TABLE 49 Key information – Grizzly Coolers, LLC
TABLE 50 Key information – Huntington Solutions, LLC
TABLE 51 Key information – ICEE Containers Pty Ltd
TABLE 52 Key information – Yeti Holdings, Inc.
TABLE 53 Key information – Newell Brands, Inc.
List of Figures
FIG 1 Methodology for the research