Global Portable Fishing Cool Box Market – Introduction
- Portable fishing cool boxes are insulated cool boxes used for storing fish at a cool temperature. Insulation is a process of reducing heat and keeping food products, ice, or drinks cool. Portable cool boxes are portable and used during picnics and holidays. Cooler boxes or cooling suitcases are used at places where summers are very harsh. Fishing cool boxes keep the temperature between 0 to 4 degrees, so that the fish remain fresh. Fishing cool boxes are made of plastic with foam inside the box. Disposable cool boxes are made of polystyrene. Reusable fishing cool boxes have molded handles; other reusable cool boxes have shoulder straps.
Rising popularity of outdoor recreational activities
- When people travel they carry their recreational items such as portable cool boxes. The rising interest of people in participating in leisure activities have led to an increase in outdoor activities such as hunting, camping, and fishing. This interest in outdoor activities has resulted in people carrying portable fishing cool boxes to their fishing spots while engaging in fishing sports, etc. Portable fishing cool boxes come in different colors, sizes, and designs. The rising involvement in fun activities outside the home is increasing the demand for the product.
Rise in usage of portable fishing cool boxes by fish vendors
- A number of people work in the fishing industry carrying out tasks such as catching fish, storing it, and reselling it to vendors. Fish has be to stored at room temperature post which loading and unloading of fish takes place in the fish market. Portable fishing cool boxes are extensively used to carry fish to the vendors. Also, portable fishing cool boxes are needed in bulk during fish vehicle driving, and while supplying fish to wholesalers. Portable fishing cool boxes allow efficient marketing as the damage to fish is reduced during handling. These boxes are easily affordable, durable, and the fish stays fresh for a longer time. These factors have led to an increase in sale of portable fishing cool boxes globally.
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North America projected to be the largest market for portable fishing cool boxes
- Geographically, the global portable fishing cool box market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.
- North America accounted for major share of the global portable fishing cool boxes market in 2019. The market in North America is anticipated to grow at a significant rate during the forecast period due to rise in popularity of fishing as a sport, and increase in number of people engaging in recreational activities in countries such as the U.S., Canada, and Mexico, which is projected to surge the sale of portable fishing cool boxes in the near future. In North America, sport has evolved from local fishing contests to large competitive circuits.
- The market in Asia Pacific is anticipated to expand at a significant growth rate during the forecast period due to the preference for sea food among people, and consumption of fish products in China, Japan, Indonesia, Korea, Australia, and other Southeast Asian countries. These factors are projected to surge the demand for portable fishing cool boxes in the Asia Pacific region.
Key Players Operating in the Portable Fishing Cool Box Market
Prominent players manufacturing portable fishing cool boxes are likely to face tough competition during the forecast period. Manufacturers such as Engel Coolers, Igloo, Coleman (Esky), and Sintex are involved in producing portable fishing cool boxes with innovative designs, sizes, and colors, and planning to launch more innovative and easy to carry portable fishing cool boxes. Some of the key players operating in the global portable fishing cool boxes market include:
- Engel Coolers
- Allwin Roto Plast
- Coleman (Esky)
- Bison Coolers
- K2 Coolers
- Ice Box Company Ltd.
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Global Portable Fishing Cool Box Market – Research Scope
Global Portable Fishing Cool Box Market, by Product Type
- Handheld Portable Fishing Cool Box
- Wheel-driven Portable Fishing Cool Box
Global Portable Fishing Cool Box Market, by Material
Global Portable Fishing Cool Box Market, by Price Category
Global Portable Fishing Cool Box Market, by Application
Global Portable Fishing Cool Box Market, by Distribution Channel
- Company-owned Websites
- E-commerce Websites
- Specialty Stores
- Other (Retail Stores etc.)
Global Portable Fishing Cool Box Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
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The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
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