Press release
Global Hot Water Bottles Market to Witness a Pronounce Growth During 2023
Hot water bottle is a container filled with hot water and sealed with a stopper, used to provide warmth, typically while in bed, but also for the application of heat to a specific part of the body.
In the last several years, global market of Hot Water Bottles developed rapidly, with an average growth rate of 1.74%. In 2016, global revenue of Hot Water Bottles is nearly 103.4 M USD; the actual sale is about 41927 K unit.
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Global Hot Water Bottles Market: Forecast by Type / Application / Region
The global average price of Hot Water Bottles is in the decreasing trend, from 2.40 USD/ Unit in 2012 to 2.47 USD/Unit in 2016. With the situation of global economy, prices will be in increasing trend in the following five years.
The classification of Hot Water Bottles includes Non-chargeable and Chargeable and the proportion of Non-chargeable in 2016 is about 65.25%.
Hot Water Bottles is widely used in Home Using and Medical Healthcare. The most proportion of Hot Water Bottles is Home Using, and the consumption proportion is about 67.30% in 2016.
China region is the largest supplier of Hot Water Bottles, with a production market share nearly 27.02% in 2016. India is the second largest supplier of Hot Water Bottles, enjoying production market share nearly 22.5% in 2016.
China is the largest consumption place, with a consumption market share nearly 23.63% in 2016. Following China, India is the second largest consumption place with the consumption market share of 18.61%.
Market competition is not intense. Hicks, Sun Labtek, Sanger, Narang Medical, KSK, Hotties Thermal, Home-Boss, Fashy and Lesheros are the leadings of the industry.
Over the next five years, LPI(LP Information) projects that Hot Water Bottles will register a 1.8% CAGR in terms of revenue, reach US$ 120 million by 2023, from US$ 110 million in 2017.
Global Hot Water Bottles Market: Key Players
Hicks
Sun Labtek
Sanger
Narang Medical
KSK
Hotties Thermal
Home-Boss
Fashy
Lesheros
Chengdu Rainbow
HUGO FROSCH
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Related Information:
United States Hot Water Bottles Market Research Report 2018
Europe Hot Water Bottles Market Research Report 2018
North America Hot Water Bottles Market Research Report 2018
Asia-Pacific Hot Water Bottles Market Research Report 2018
China Hot Water Bottles Market Research Report 2018
EMEA Hot Water Bottles Market Research Report 2018
Global Hot Water Bottles Market Research Report 2018
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