The Global Heated Mattress Pads Market size is expected to reach $482 Million by 2026, rising at a market growth of 6.1% CAGR during the forecast period. A heated mattress pad comprises wire heating components woven across the surface which help in warding off very cold nights as well as mitigates ache and pain through achieving desirable temperature. Additionally, a higher advantage of the personal and customized heat settings from 2 to 11, on an average offer friendly to the purchaser.
Moreover, dual control features for enormous or queen size beds so as to accommodate two individuals sharing a bed and accessibility of cooling settings have brought about noteworthy infiltration of the item among residential consumers. Also, heated mattress pads are getting prominent footing due to its economical, proficient, and feasible characteristics contrasted with its alternative items, for example, room heaters, woven blankets, and indoor fireplaces. Expanding examples of poor sleeping, back pain, arthritis, and sore muscles are resulting in the growing infiltration of the item among customers.
Growing demand for luxury and comfort among consumers is setting off the expanding popularity of product premiumization in bedding items, which is decidedly influencing the sales of heated mattress pads. Moreover, high inclination towards therapeutic mattresses as an aid to giving recuperating or reviving sleep quality is gathering more noteworthy foothold towards the adoption of heated bedding items, subsequently fueling the demand for heated mattress pads among customers.
Since the onset of Covid-19, and consequent lockdown in almost every country of the world, there has been a negative impact on the persons’ disposable income and their purchasing behavior. Even countries start reopening their market, but customers across the world are constantly experiencing low income. These factors act as a potential barrier in the growth of heated mattress pad market in the next few years. However, the demand for heated mattress pad will continue to rise in cold regions such as Europe and Russia because they experience extreme temperature fall in winter season.
Free Valuable Insights: Global Heated Mattress Pads Market to reach a market size of $482 million by 2026
Based on Application, the market is segmented into Households, Hotels, Hospitals, and Other Applications. Based on Distribution Channel, the market is segmented into Offline and Online. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
| Report Attribute | Details |
|---|---|
| Market size value in 2019 | USD 348.9 Million |
| Market size forecast in 2026 | USD 482 Million |
| Base Year | 2019 |
| Historical period | 2016 to 2018 |
| Forecast Period | 2020 to 2026 |
| Revenue Growth Rate | CAGR of 6.1% from 2020 to 2026 |
| Number of Pages | 138 |
| Number of Tables | 260 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
| Segments covered | Application, Distribution Channel, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Newell Brands, Inc. (Sunbeam Products, Inc.), Sleep Number Corporation, Bed Bath & Beyond, Inc., Electro Warmth Products, LLC, Delutti, Inc., Perfect Fit Industries, LLC (Cross River, LLC), Therapedic International, Tuck.com, LLC, Kryo, Inc. and Biddeford Blankets LLC (Microlife Corporation).
Market Segmentation:
By Application
By Distribution Channel
By Geography
Companies Profiled
The heated mattress pads market is projected to reach USD 482 million by 2026.
The major factors that are anticipated to drive the heated mattress pads industry include provides therapeutic sleep.
Newell Brands, Inc. (Sunbeam Products, Inc.), Sleep Number Corporation, Bed Bath & Beyond, Inc., Electro Warmth Products, LLC, Delutti, Inc., Perfect Fit Industries, LLC (Cross River, LLC), Therapedic International, Tuck.com, LLC, Kryo, Inc. and Biddeford Blankets LLC (Microlife Corporation).
Household applications segment ruled the market in terms of revenue generation, in 2019.
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