The Foam Cooler Box Market is Growing in Trends of Sustainability

The Foam Cooler Box Market is Growing in Trends of Sustainability

The foam cooler box market offers portable and durable coolers made of various types of insulation foam like polyurethane and EPS foam. These coolers can maintain the temperature of food and beverages for longer durations compared to traditional ice chest coolers. Their lightweight yet sturdy construction makes them ideal for outdoor recreational activities like camping, boating, hiking, and picnics. The foam absorbs less water and dries quicker than other materials. Some high-end models are rotomolded from durable polyethylene making them virtually indestructible. The Global Foam Cooler Box Market is estimated to be valued at US$ 2.93 Bn in 2024 and is expected to exhibit a CAGR of 8.6% over the forecast period from 2023 to 2030.

Key Takeaways
Key players operating in the foam cooler box market are YETI, Igloo, Coleman, Rubbermaid, Grizzly, Engel, Bison Coolers, ORCA, Pelican, Polar Bear Coolers, AO Coolers, Kula Coolers, IceMule, RTIC, Canyon Coolers, OtterBox, Kysek, Magellan Outdoors, Everest, and Stanley. Key players like YETI, Igloo, Coleman, and Rubbermaid enjoy strong brand recognition and customer loyalty in the cooler market.

The growing demand for outdoor recreational activities is fueling the sales of foam coolers. Their ability to keep food cold for extended periods without the need for ice makes them very convenient to use. The demand is especially high among campers, hikers, and other adventure enthusiasts. Foam coolers are also finding increased adoption in commercial applications like events, parties, and tailgating due to their spill-proof nature and long storage life.

Major companies are expanding their global footprint by entering new geographic markets. For instance, YETI increased its international sales by 35% in 2021 by strengthening its distribution network across Europe and Australia. Meanwhile, RTIC is expanding in Southeast Asia through e-commerce platforms and distri