The global hand warmer pillow market is projected to register a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing popularity of hand warmer pillows among the female population globally.
Hand warmers pillows are hand-held warmers that produce heat on demand to warm cold hands. They are generally meant for indoor use. These warmer pillows have several attractive qualities such as soft touch, lightweight, portable, and short plush surface, which are usually stuffed with PP cotton fillers. One can also use them as hand warmer plush as well as office chair pillow. They are primarily suitable for home decor use.
Hand warmer pillow is a high-quality reliever from aches inn cold climatic conditions. It provides relief from pain and protects from severe cold. Heating pad is the modern technology replacing traditional hand warmer pillows since the pad normally gets heated much quicker in about five to seven minutes as compared to the traditional technology. Heat pad is beneficial for providing instantaneous relief and used for treatment of several pains associated with cramps, muscular pains, sports injuries, arthritis, sore neck, and backache.
Market Drivers, Restraints, Trends, and Opportunities
- Rising demand for the hand warmer pillows for home decor is expected to expand the market growth.
- Extensive adoption of the pillows during winter for keeping hands warm especially among housewives is predicted to fuel the market expansion.
- Increasing concerns for self-care among large number of people is projected to push the demand for hand warmer pillows; thereby, expanding the market growth during the forecast period.
- Availability of wide range of hand warmer pillows with different shapes, sizes, colors, and others is attracting people towards them. This is expected to increase the demand for hand warmer pillows.
- Less knowledge about hand warmer pillows is likely to hamper the market growth during the analysis period.
- Ongoing research and development by some key market players is presenting numerous opportunities for the expansion of the global hand warmer pillow market.
Scope of the Report
The report on the global hand warmer pillow market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been involved in the report.
Hand Warmer Pillow Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Types (Traditional Warmer and Electric Warmer), Distribution Channels (Malls, Online Sales, and Supermarket)
Asia Pacific, Latin America, North America, Europe, and Middle East & Africa
Company Share, Market Analysis and Size, Growth Factors, Competitive Landscape, and Trends, and Revenue Forecast
Key Players Covered in the Report
Hollander, John Cotton, Magniflex, MyPillow, Pacific Brands, Pacific Coast, Paradise Pillow, Tempur-Pedic, Wendre AS, Comfy Quilts, PATEX, and Latexco.
Global Hand Warmer Pillow Market Segment Insights
In terms of types, the market is divided into traditional warmer and electric warmer. The electric warmer segment is expected to account for a major share during the forecast period due to its massive popularity. Electric warmer can heat up easily and keep warm up to long hours. It contains an electric hot water pouch, which is occupied and sealed with a special gel, used to deliver warmth. This device is very easy to use and durable and can be also used to heat up a specific part of the body.
Based on distribution channels, the global hand warmer pillow market is segmented into malls, online sales, and supermarket. The online sales segment is anticipated to exhibit a robust growth rate during the forecast period owing to increasing consumers’ convenience and their preference for online shopping. People prefer to buy online as it is more convenient for them rather than buying form offline shops, plus they also get benefits of heavy discounts from the online sales.
In terms of regions, the market is generally classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Asia Pacific is dominating the global hand warmer pillow market and is expected to hold a key share of the market during the forecast period. China is one of the top manufacturing countries for hand warmer pillows in this region and rising production of Chinese warmer products acts a vital factor boosting the regional market expansion. However, the market in North America is projected to register a significant CAGR in the coming years.
The global hand warmer pillow market has been fragmented on the basis of
- Traditional Warmer
- Electric Warmer
- Online Sales
- Asia Pacific
- North America
- Latin America
- Middle East & Africa
Major players competing in the global hand warmer pillow market include Hollander, John Cotton, Magniflex, MyPillow, Pacific Brands, Pacific Coast, Paradise Pillow, Tempur-Pedic, Wendre AS, Comfy Quilts, PATEX, and Latexco.
Some of these businesses are involved in adopting numerous market strategies such as merger, acquisition, collaboration, partnership, product launch, R&D activities, and capacity expansion to increase market share and global presence.
Wendre AS is one of the major manufacturers of bedding around the globe, which offers a range of quality blankets and pillows having its operations in more than 40 countries. The company has recently adopted strategy to ensure rapid development of its existing production units in a view to increase its position in the market.