Jockey Boxes Market

Jockey Boxes Market Outlook (2023-2033)

The global jockey boxes market is worth US$ 550 million in 2023 and is predicted to reach a valuation of US$ 855 million by the end of 2033, expanding at a CAGR of 4.5% over the next ten years.

Jockey boxes are insulated containers that enable the transportation as well as storage of cold beverages. They act as flash chillers for various drinks through a key dispenser with the use of a cooling coil or a cold plate. These boxes are being demanded at an increased rate in restaurants and bars across the world.

Jockey box coolers are used to cool kegs, bottles, or cans before they are delivered to a patron’s table at a restaurant or bar. These boxes work efficiently while drawing from different sources. For instance, ice water is drawn into the internal coil that is used for the flow of distilled water outside. When carbonated beverages pass through this system, they get chilled as they absorb heat from themselves and their surroundings.

Growing demand for coil cooler and cold-plate cooler types for different applications, majorly for commercial use, is projected to propel the sales of jockey boxes around the world over the coming years.

People, in recent years, are taking more interest in outdoor activities, i.e., camping, picnicking, and others. One of the prominent factors driving the growth of the global jockey boxes industry is the growing use of these boxes for adventurous activities such as camping, hiking, and others to keep drinks cool. Rapid growth in the adventure tourism industry is also expected to lead to lucrative opportunities in this industry.

The adventure tourism industry generated more than US$ 110 billion in 2022, according to an article published in August 2021 by the Adventure Travel Trade Association (ATTA). This growth is predicted to stimulate the demand for jockey boxes for the storage of a wide variety of beverages.

There has been a significant increase in the use of jockey boxes in recent years due to the growing interest of people in camping activities owing to the various benefits associated with them. Some of the benefits of outdoor activities include improvement in physical fitness and reduction in stress due to a routine schedule. In addition, establishing a connection with nature and developing new skills are also some noticeable benefits of these outdoor activities, which are driving target market expansion.

Report Attributes	Details
Market Size (2023)	US$ 550 Million
Expected Market Value (2033)	US$ 850 Million
Projected Growth Rate of Market (2023-2033)	4.5% CAGR
Canada Market Growth Rate (2023-2033)	3.7% CAGR
Japan Market Growth Rate (2023-2033)	4.5%
Key Companies Profiled	Coldbreak Brewing Equipment Kegco Kegman Micro Matic UBC Ontario Beer Kegs

Why is the Demand for Jockey Boxes Increasing in the Global Market?

“Significant Growth in Food & Beverage Industry to Fuel Demand for Jockey Boxes”

In recent years, the food & beverages industry is estimated to grow at a noteworthy speed due to the increased expenditure capacity of individuals owing to their growing per capita income. In addition, people are becoming more conscious about their health or fitness which further propels the demand for these jockey boxes for the storage and transportation of a lot of beverages.

There is a significant increase in the demand for these boxes from commercial users, especially restaurants and bars, for the storage of cold drinks. In addition, residential users are also contributing to increased demand for jockey boxes due to the growing popularity of home brewing in recent years. These factors are further projected to drive sales of a wide variety of jockey boxes and thus fuel growth opportunities in the global market.

“Increased Demand for Draft Wine to Bolster Sales of Jockey Boxes”

At present, people are inclined to use craft beer which further propels their demand in the global market. In addition, there are a lot of premium offers that are provided in this category. Winemakers are hosting numerous marketing campaigns to promote their products that also showcase some artistic jockey boxes.

People are attracted to using these boxes for the storage and transportation of different beverages. These factors are further projected to propel sales of different jockey boxes.

Which Factors Can Adversely Impact Demand Growth for Jockey Boxes?

“Limited Knowledge about Size of Packaging Systems”

The location of different gatherings is not an issue due to the portability of jockey boxes. However, organizers need to decide the size of different packaging systems in advance to match the requirements of respective consumers during an event. This factor is especially true for different beach parties that serve cold beverages as an essential tradition.

Thus, the limited knowledge about the appropriate size of jockey boxes can adversely impact their adoption. However, market players can customize their products and make them aesthetically appealing to stimulate their sales.

Which is the Dominating Regional Market for Suppliers of Jockey Boxes?

“Asia Pacific Anticipated to Lead Global Market Growth”

Among the regional markets, Asia Pacific is projected to lead the global market owing to the increasing demand for jockey boxes from residential and commercial users for the storage of cold drinks. Bars and restaurants are the key users of these drinks which might stimulate sales of these boxes. Moreover, tourism growth, improvement in living standards, and rising disposable income are also likely to contribute to market growth.

North America is also estimated to grow at a noteworthy speed with rising demand for jockey boxes from commercial users. Canned beer and some other types of beverages are also consumed by the regional population at an increased rate which is likely to bolster sales of jockey box coolers.

The increasing popularity of home brewing across residential users might contribute to the demand for jockey boxes in the European market in the coming years.

Country-wise Insights

Which European Country Will Generate the Most Profit for Market Players?

“Germany Likely to Dominate European Jockey Boxes Industry”

The market in Germany is projected to progress at a CAGR of 3.9% through 2033. The growth in the industry is owing to the growing demand for these packaging boxes from commercial users, especially restaurants and bars for cold drinks. Moreover, the increasing popularity of home brewing across residential users is also estimated to drive market growth there.

Why is the U.S. Market Growing at the Fastest Pace in North America?

“Rapid Increase in Bars & Restaurants in the U.S.”

Sales of jockey boxes in the U.S. reached US$ 140 million by 2022-end. The growth in the industry is attributed to a significant increase in the count of bars and restaurants in the United States in the past few years. Commercial users of jockey boxes such as restaurants and bars are experiencing an increased demand for different cold drinks that might drive sales of these packaging solutions in the coming years.

Further, the Canadian market is likely to advance at a CAGR of 3.7% through 2033 owing to a humongous rise in the requirement for craft beer in recent years.

Which Factors Will Generate Lucrative Opportunities in Japan?

“Increasing Demand for Jockey Boxes from Residential and Commercial Users”

The market in Japan is predicted to advance at a CAGR of 4.5% through 2033 owing to the growing demand for various jockey boxes from commercial as well as residential users. These boxes are used to store and transport various beverages that can stimulate their sales.

Category-wise Insights

Why are Coil Coolers Projected to Be Popular across Regions?

“Coil Coolers are Preferred Due to Their Low Pricing”

The jockey boxes industry is segmented into coil coolers and cold-plate coolers based on types. Between these two, coil cooler is estimated to account for a significant share of the global market owing to their low price. Furthermore, vitality in terms of use and some other features can also propel their sales.

These coolers use coils to cool beer. It is cooled by refrigerant or ice before their serving. Thus, these boxes are typically used for larger events where cold beer is demanded at an increased rate.

On the other hand, cold-plate coolers use metal plates for the cooling of beer. These boxes are used for small events where cold brews have low demand. But, they can also be found in some bars.

Who are the Prominent End Users of Jockey Boxes?

“Rising Trend to Serve Craft Beer to Increase Demand for Jockey Boxes in Commercial Sector”

The global market is classified into commercial users and residential users based on application. Between these two, commercial users can lead in the global market owing to the rising count of restaurants and bars in recent years. The demand for jockey boxes is increasing owing to the rising trend to serve craft beers and some other specialty drinks.

People in recent years are using jockey boxes for personal consumption due to the growing popularity of home brewing.

Competitive Landscape

Key players in the jockey boxes market are Coldbreak Brewing Equipment, Kegco, Kegman, Micro Matic, UBC, and Ontario Beer Kegs. They are adopting numerous growth strategies to propel the sales of different jockey boxes, such as partnerships, innovative product launches, and rigorous marketing events.

Segmentation of Jockey Boxes Industry Research

• By Type :

  • Coil Coolers
  • Cold-Plate Coolers

• By Application :

  • Commercial Users
  • Residential Users

• By Region :

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa