Portable Solar Power Cooler Market

Portable Solar Power Cooler Market - Global Industry Analysis 2016 - 2020 and Opportunity Assessment 2021 - 2031

Portable Solar Power Cooler Market Segmented By Residential, Commercial Application in Wholesalers/Distributors Hypermarkets/Supermarkets, Multi-Brand Stores, Independent Small Stores, Online Retailers

Industry: Consumer Goods

Format: PPT*, PDF, EXCEL

Delivery Timelines: Contact Sales

Report Type: Ongoing

Report ID: PMRREP32660

Report Price

$ 4900*

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Portable Solar Power Cooler Market Forecast and CAGR

In recent years, the global portable solar power chiller production has increased. Due to ongoing improvements and emerging technologies in the automobile sector, new markets have opened up and new trends have emerged. In today's world, air conditioning is a must-have function in passenger automobiles and buses.

Component manufacturers and automotive coolant manufacturers have achieved substantial technological advances in the performance, efficiency, and cost of air conditioning systems. Portable solar power cooler market is set to witness a CAGR of 6.0% during 2021-2031.

What is Driving Demand for Portable Solar Power Cooler?

Increasing demand for car equipped AC or coolers from the end users is expected to drive the demand over the forecast period. It is optimized to fit on the floor in front of smaller middle seat located in maximum cars which runs from the rechargeable battery or by the car AC port.

Car portable coolers are more efficient and convenient in storage supplies and food, rather than using food and beverage box with ice packs. Moreover, with rise in cold storage, many car manufacturers are installing portable solar power car cooler to increase high electronic features. This is a major factor expected to drive the growth of the convenient solar power cooler market.

Trends in Portable Solar Power Cooler Likely to Augment Sales

Solar-Powered Coolers have transformed what it means to live and prosper sustainably off the grid. Consumers may go for longer lengths of time without needing to refill ice or perishable things by relying on the strength of the sun to keep their meals cool. Thus, sustainability has become the prominent trend.

For instance, for those seeking for a solar-powered cooler, ACOPower's Lion Cooler is the best option. The firm offers a wide range of portable models in a variety of sizes and prices to suit any solar setup or budget. LionCoolers are designed to be portable. The ACOPower solar cooler is the ideal alternative for mobility because of the luggage-style handle and the robust multi-terrain 6-inch wheels.

This device is ideal for rolling out onto the deck until your next picnic or hauling out to the campfire across a difficult surface. The LionCooler may be charged in three ways: with solar panels, regular AC wall outlets, or a DC car port (cigarette lighter). Such offerings are expected to boost the sales of portable solar power coolers.

Impact of Covid- 19 on Portable Solar Power Cooler Market

The effect of COVID-19 on the global portable solar power cooler business was immediate. The COVID-19 pandemic had a direct impact on the manufacturers of portable solar power cooler. Restrictions imposed on outdoor and leisure activities such as camping, hiking etc. impacted the overall business of portable solar power coolers.

Furthermore, the supply chain was interrupted as a result of the stoppage of manufacturing plants and trade restrictions.

US and Canada Portable Solar Power Cooler Outlook

The growing enthusiasm for outdoors recreational activities among millennials on a global scale has resulted in increasing awareness about improved fitness, which is expected to promote the use of portable solar power cooler for maintaining the freshness of beverages and food.

In light of this, in 2020 GoSun developed cooler named the Chill which is a solar-powered portable cooler that is powered by a lithium-ion battery bank. The Chill can be powered directly by the portable solar panel or the rechargeable lithium battery by combining brushless compressor technology with the insulated air gap canopy due to shading from the GoSun Solar Table.

The GoSun Cooler is also totally portable, allowing the user to fold up the solar cooler effortlessly and transport it to the beach, camping, fishing, sailing, or simply enjoying it in the backyard, due to its built-in wheels and pull-out handle.

Europe Demand Outlook for Portable Solar Power Cooler

Increased demand for compact, mini and portable coolers in recreational and personal vehicles among adventure lovers and increased participation in outdoor activities including picnics and camping among consumers of different age groups is expected to drive the demand for portable solar power cooler in the European region.

Furthermore, factors such as the recent increase in sport fishing engagement rates will contribute to the increased supply of portable solar power cooler in this region and provide an opportunity for players in the region.

Who are the Key Manufacturers and Suppliers of Portable Solar Power Cooler?

Some of the leading manufacturers and suppliers of portable solar power cooler include

  • Sundanzer
  • GoSun
  • LiONCooler
  • Jinjiang Jiaxing Import and Export co. Ltd
  • EcoSolarCool
  • Others.

Key Segments

By Application

  • Residential
  • Commercial

By Sales Channel

  • Wholesalers/Distributors
  • Hypermarkets/Supermarkets
  • Multi-Brand Stores
  • Independent Small Stores
  • Online Retailers
  • Others

By Region

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Portable Solar Power Cooler Market Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

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Companies Covered in This Report

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