Global Hot and Cold Therapy Packs Market to Reach $2.2 Billion by 2030
The global market for Hot and Cold Therapy Packs estimated at US$923.4 Million in the year 2022, is projected to reach a revised size of US$2.2 Billion by 2030, growing at a CAGR of 11.7% over the analysis period 2022-2030. Cold Packs, one of the segments analyzed in the report, is projected to record 10.8% CAGR and reach US$745.2 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hot Packs segment is readjusted to a revised 13.6% CAGR for the next 8-year period.The U.S. Market is Estimated at $251.6 Million, While China is Forecast to Grow at 16.5% CAGR
The Hot and Cold Therapy Packs market in the U.S. is estimated at US$251.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$526.5 Million by the year 2030 trailing a CAGR of 16.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 10.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.1% CAGR.Select Competitors (Total 178 Featured) -
- 3M Company
- Beiersdorf Australia Limited
- BREG, Inc.
- Bruder Healthcare Company
- Caldera International, Inc.
- Cardinal Health, Inc.
- Carex Health Brands
- Core Products International, Inc.
- DJO Global, Inc.
- Halyard Health, Inc.
- Kobayashi Pharmaceutical Co., Ltd.
- Koolpak Ltd.
- Life Wear Technologies, Inc.
- Medichill
- Medline Industries, Inc.
- Medtronic plc
- Pfizer Inc.
- The Mentholatum Company
- THERA°PEARL
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3M Company
- Beiersdorf Australia Limited
- BREG, Inc.
- Bruder Healthcare Company
- Caldera International, Inc.
- Cardinal Health, Inc.
- Carex Health Brands
- Core Products International, Inc.
- DJO Global, Inc.
- Halyard Health, Inc.
- Kobayashi Pharmaceutical Co., Ltd.
- Koolpak Ltd.
- Life Wear Technologies, Inc.
- Medichill
- Medline Industries, Inc.
- Medtronic plc
- Pfizer Inc.
- The Mentholatum Company
- THERA°PEARL
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 341 |
Published | May 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 935.3 Million |
Forecasted Market Value ( USD | $ 1700 Million |
Compound Annual Growth Rate | 8.9% |
Regions Covered | Global |