Global Heated Mattress Pads Market Size to Worth USD 806.09 Million by 2033
According to a research report published by Spherical Insights & Consulting, The Global Heated Mattress Pads Market Size is Estimated to Grow from USD 438.13 Million in 2023 to USD 806.09 Million by 2033, Growing at a CAGR of 6.29% during the forecast period 2023-2033.
Browse key industry insights spread across 215 pages with 110 Market data tables and figures & charts from the report on the Global Heated Mattress Pads Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Electric Heated Mattress Pads and Non-Electric Heated Mattress), By Application (Hotels, Households, Hospitals, and Others), By Distribution Channel (Online and Offline), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
Heated mattress pads are electric bedding accessories with built-in heating components that offer warmth. Sales of heated mattress pads have benefited, especially in developed nations, from the premiumization of bedding products brought about by the rapidly rising desire for comfort and luxury among customers worldwide. The popularity of such cutting-edge bedding solutions among consumers has also increased due to a growing tendency among the elderly and middle-aged population for therapeutic mattresses that can offer restorative or healing sleep quality. Heated mattress pads are easy to use and give customers a quick source of warmth. Numerous models have dual controls designated for queen and king-sized mattresses, automatic shut-off functions, and adjustable heat settings, enabling a customized experience. Advanced features such as memory foam, digital controls, and clever functionality such as synchronizing with mobile apps for remote control are being included in a growing range of devices. These developments contribute to the increased attraction of heated mattress pads among tech-savvy customers who value contemporary conveniences. However, inappropriate use or letting heated mattress pads overheat could lead to health risks, especially for people with certain medical conditions, which limits their use.
The electric heated mattress pads segment is estimated to hold the largest revenue share of the global heated mattress pads market and is expected to grow at a significant CAGR through the forecast period.
Based on the product type, the heated mattress pads market is categorized into electric heated mattress pads and non-electric heated mattress. Among these, the electric heated mattress pads segment is estimated to hold the largest revenue share of the global heated mattress pads market and is expected to grow at a significant CAGR through the forecast period. Owing to their excellent efficacy and ease of installation. Since these pads have electrical components, users can customize the warmth and comfort by adjusting the heat intensity to their individual preferences. By addressing consumer worries about electrical hazards, safety feature developments such as overheat protection and automated shut-off mechanisms have further increased demand for electric heated mattress pads.
The households segment dominated the largest market share of 54.39% in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on the application, the heated mattress pads market is classified into hotels, households, hospitals, and others. Among these, the households segment dominated the largest market share of 54.39% in 2023 and is expected to grow at a significant CAGR during the forecast period. This is because high-quality heated mattress options that provide an array of practical benefits are widely accessible. Consumers are looking for products that offer the most comfort and convenience due to rising living standards and free time levels. Segment growth is also driven by rising spending on bedding products that offer a comfortable resting environment. Customers with conditions such as arthritis, back pain, and neck and shoulder pain are drawn to these goods since they are also well-known for offering therapeutic relief by reducing tension, relaxing muscles, and increasing blood flow.
The offline segment accounted for the largest market share of 56.47% in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on the distribution channel, the heated mattress pads market is divided into online and offline. Among these, the offline segment accounted for the largest market share of 56.47% in 2023 and is expected to grow at a significant CAGR during the forecast period. Department stores, home goods stores, and specialized bedding dealers are instances of offline stores that give customers a thorough grasp of these products by making it simple to verify the quality and specs. By assigning in-store co-workers who give customers a useful rundown of the product, brands may further enhance customer service and help customers make informed decisions about what to buy. Physical retailers frequently adjust their marketing and promotions to reflect seasonal changes.
North America is expected to hold the largest share of the heated mattress pads market through the forecast period.
North America is expected to hold the largest share of the heated mattress pads market through the forecast period. Owing to several factors that affect consumer preferences for convenience, comfort, and health, the market for these products has been steadily expanding in recent years. There is a natural need for goods that help keep people warm and enhance the quality of their sleep throughout the colder months due to the severe winters experienced in most of Canada and the northern United States. Additionally, due to the region's significant aging population and the rising incidence of ailments including back pain and arthritis, sales of heated mattress pads are anticipated to increase steadily throughout the projection period.
Asia Pacific is predicted to grow at the fastest CAGR of the heated mattress pads market over the forecast period. Their use has increased due to growing awareness of the health and practical advantages of heated mattress pads, especially in quickly expanding economies such as China and India. A sizable portion of the population lives in dwellings with inadequate insulation, which makes these goods a desirable choice for personal heating. As living standards have increased and disposable income levels have increased, market participants have yet another significant chance to introduce creative and reasonably priced items that will support the growth of the local sector.
Company Profiling
Major key players in the heated mattress pads market include Electro Warmth, OneCare Media, LLC, Sunbeam Products, Inc., Sleep Solutions Inc., Biddeford, Therapedic International, Beyond, Inc., Perfect Fit, Sleep Number Corporation, and others.
Recent Developments
- In January 2024, Purple Innovation introduced the Purple Heating Mattress Pad, a novel heated mattress pad.
- In January 2024, Tempur Sealy International introduced the Tempur-Pedic Cloud Heating Mattress Pad, a new heated mattress pad.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the heated mattress pads market based on the below-mentioned segments:
Global Heated Mattress Pads Market, By Product Type
- Electric Heated Mattress Pads
- Non-Electric Heated Mattress
Global Heated Mattress Pads Market, By Application
- Hotels
- Households
- Hospitals
- Others
Global Heated Mattress Pads Market, By Distribution Channel
Global Heated Mattress Pads Market, By Regional Analysis
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa