Global Heating Pad Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Heating Pad Industry Forecast” looks at past sales and reviews total world Heating Pad sales in 2022, providing a comprehensive analysis by region and market sector of projected Heating Pad sales for 2023 through 2029. With Heating Pad sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heating Pad industry.
This Insight Report provides a comprehensive analysis of the global Heating Pad landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heating Pad portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Heating Pad market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heating Pad and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heating Pad.
The global Heating Pad market size is projected to grow from US$ 108.7 million in 2022 to US$ 151.7 million in 2029; it is expected to grow at a CAGR of 151.7 from 2023 to 2029.
Global Heating Pad key players include Sunbeam, Carex, Walgreens, PureRelief, Thermalon etc. Global top five manufacturers hold a share over 35%.
North America is the largest market, with a share over 50%, followed by Europe and China, both have a share over 30% percent.
In terms of product, Electric Heating Pads is the largest segment, with a share over 90%. And in terms of application, the largest application is Home Use followed by Medical Use.
This report presents a comprehensive overview, market shares, and growth opportunities of Heating Pad market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Microwavable Heating Pads
Electric Heating Pads
Chemical Heating Pads
Segmentation by application
Home Use
Medical Use
Commercial Use
Other Use
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Heating Pad market?
What factors are driving Heating Pad market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Heating Pad market opportunities vary by end market size?
How does Heating Pad break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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