Beverage Cooler Market Growth, Trends, COVID-19 Impact and Forecast to 2030
According to the report, the Beverage Cooler Market was valued at $2.92 billion in 2023 and is projected to expand to $5.77 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 10.22%.
The demand for cold beverages in various settings, such as homes, offices, restaurants, and bars, has driven the steady growth of the beverage cooler market over the years. Beverage coolers are becoming increasingly popular as they store and chill beverages at optimal temperatures. The culture of entertaining and drinking cold beverages is also contributing to the rise in demand for these coolers.