Global Heating Pad Market Research Report 2020
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 is valued at 101 million US$ in 2020 is expected to reach 139.8 million US$ by the end of 2026, growing at a CAGR of 4.7% during 2021-2026.
This report focuses on Heating Pad volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Heating Pad market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan etc.
Market Segment Analysis
The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type, the Heating Pad market is segmented into
Microwavable Heating Pads
Electric Heating Pads
Chemical Heating Pads
Segment by Application
Global Heating Pad Market: Regional Analysis
The Heating Pad market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Heating Pad market report are:
Middle East & Africa
Global Heating Pad Market: Competitive Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.
The major players in global Heating Pad market include:
Beady Heat Therapy
Chattanooga Medical Supply
Dongguan Yu Xin Electronic
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.