What is Hot Water Mat Market?
The use of Hot water mat is increasing among the populace to reduce neck pain, back pain, muscle aches, symptoms of arthritis, and menstrual cramps. Hot water mat and, more specifically, to a hot-water mat capable of performing split heating in which a drive valve is opened and closed by a controller to allow hot-water necessary for heating to circulate through one or more of a plurality of circulation conduits that are independently installed in the interior of the mat to be separated from each other so that it is possible to heat the whole mat, or to selectively heat only a portion of the mat which a user wants to heat, thereby saving energy. In addition, hot-water at different temperatures circulates through the plurality of circulation conduits provided in the interior of the mat so that physical therapy can be performed on respective body parts at different temperatures according to the user's preference.
The market study is being classified by Type (Floor Type and Bedding Type), by Application (Residential and Light Commercial) and major geographies with country level break-up.
KD Navien (South Korea), GAPS ONSU (United States), The Mutt Mats (United States), SUMISHO METALEX CORPORATION (Japan), Dong Yang EasyTech (South Korea), Westinghouse Electric Corporation(United States), Danyang Laidi Home Decorates Co., Ltd.(China) and Xiamen Senyang Co., Ltd (China) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Hot Water Mat market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Hot Water Mat market by Type, Application and Region.
On the basis of geography, the market of Hot Water Mat has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing demand for hot water mats is driving continuously to maintain their position and the brand value in the market.
- Growing awareness among the consumer-related numerous benefits of the hot water mat is booming the demand for it in the market
Market Trend
- growing online sales channel
Restraints
- Fluctuated price of raw material
Opportunities
- Growing government financial support and increasing number of private and public hospitals in emerging economies is booming the market demand
Challenges
- Key competition between manufacturers
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Hot Water Mat Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry