Heating Pad Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
22291 | Date :
Jan, 2023 | Pages :
192 | Region : Global |
Publisher : RI
A heating pad is a pad used for warming of parts of the body（necks ,backs, etc.） in order to manage pain. Applying heat can reduce pain, relax tight muscles, and control muscle spasms. There are several types of heating pads, including microwavable, chemical and electric, within these categories are moist and dry heat options.
The heating pad industry concentration is high because there are relatively small producers gets the technology to produce them, high-end products mainly from U.S. and Western European.
The key consumption markets locate at developed countries. The North America takes the market share of 50.2%, followed by Europe with 29.5% in 2016.
China is a key production market, but it is not a key consumption market. Many U.S. and EU brands like cooperate with Chinese OEM/ODM producers. That makes China a key producer. But on the consumption market, most of Chinese do not even know this product, the China domestic market still need the market guide and market education, Chinese also prefer the massage equipment to this product for relief, the also like use herbal paste to therapy, so this market is growing slowly in China.
Currently, the main type of heating pad is electric type, and the microwave tech is not so mature on People Use electrical appliances, and there is a say that all microwave products has patent according to our interview. The Chemical type is very few.
The world heating pad sales market will still have a fast growth. The sales will reach 6.6 million units in 2022. The main sales regions will still be in U.S.A. and Europe.
The Global Heating Pad Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.
As the report focuses on global Heating Pad Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Sunbeam
Carex
Walgreens
PureRelief
Thermalon
Milliard
Nature Creation
Drive Medical
Kaz
Beady Heat Therapy
BodyMed
Chattanooga Medical Supply
Sunny Bay
Thrive
Beurer
Conair
Dongguan Yu Xin Electronic
Dongguan Yongqi
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Microwavable Heating Pads
Electric Heating Pads
Chemical Heating Pads In Market segmentation by applications :
Home Use
Medical Use
Commercial Use
Other Use
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Heating Pad Market for the forecast period 2023 - 2030?
• What are the driving forces in the Heating Pad Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Heating Pad industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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