Walgreen Co. (a subsidiary of Walgreens Boots Alliance), Conair LLC, Etsy, Inc. Dominated the Global Heating Pad Market in 2021

The Global Heating Pad Market is expected to grow with a CAGR of 4.7% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below:

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The global heating pad market is a highly consolidated market, which includes a specific number of key players and local players. The market has witnessed increased strategic developments owing to a favorable market scenario.

The major players in the global heating pad market are introducing a strong range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.

For instance,

  • In September 2021, Walgreens Boots Alliance, Inc. and Shields Health Solutions announced that WBA, through its wholly-owned subsidiary, Walgreen Co., is making a majority investment in Shields, an industry leader in integrated, health system-owned specialty pharmacy care. This development is expected to help the company grow

Walgreen Co. is the dominating player in the global heating pad market. Some of the players in the market are Conair LLC, Etsy, Inc., Sinocare, Sunbeam Products, Inc., Tynorindia, Drive DeVilbiss Healthcare, Xian Bellavie and Sunbright Group Co., Ltd, Dongguan Yongqi Electric Heat Products Co. Ltd., Thermalon, Beurer, Pure Enrichment (A Subsidiary of Bear Down Brands, LLC. Company), BodyMed, Carex Health Brands (A Subsidiary of Compass Health Brands), CHATTANOOGA MEDICAL SUPPLY, Inc., Nature Creation, Sunny-Bay, Sunrise Products, Odessey Products, THE HEAT COMPANY, among others.

Walgreen Co. (a subsidiary of Walgreens Boots Alliance)

Walgreen Co. (a subsidiary of Walgreens Boots Alliance) is headquartered in Illinois, U.S., as private ownership, founded in 1901. The company focuses on providing various consumer goods products for households, commercials, and more. The company has several product categories, which are Easter, Beauty, Personal Care, Medicines & Treatments, Vitamins & Supplements, Home Health Care Solutions, Pet, Spring & Summer, Home Goods, Electronics & Office, Household Essentials, Grocery, Toys, Games & Books, Baby & Kids, Gift Cards, Sexual Wellness, Fitness & Nutrition, Natural & Organic, Walgreens Brand, out of which Home Goods, Medicines & Treatments are the market-focused categories.

  • In September 2021, Northwell Health and Walgreens Co. announced that they had signed a five-year strategic affiliation to improve the health of populations and advance health equity throughout New York State. The agreement will explore the common goals of developing innovative healthcare delivery models, offerings, and services that better the health of populations and reduce costs of healthcare by advancing the delivery of retail health services to access, quality, equity, satisfaction, and efficiency of care

The company has a global presence across North America.

Conair LLC

Conair LLC is headquartered in Connecticut, U.S., as private ownership and was founded in 1959. The company is engaged in manufacturing consumer products, including personal care, health and beauty, grooming tools, cookware, and kitchen electrics. The company has several product categories such as hair, beauty and skin, men's, wellness, home, travel, out of which wellness is the market-focused category.

The company has a wide global presence across North America, South America, Europe, Asia-Pacific, Middle East and Africa.

Etsy, Inc.

Etsy, Inc. is headquartered in New York, U.S. as public ownership, it was founded in 2005. The company focuses on providing consumer goods through its online portal across the globe. The company has business segments which are marketplace, and services, out of which marketplace is the market-focused segment. The company has several product categories such as jewelry & accessories, clothing & shoes, home & living, wedding & party, toys & entertainment, art & collectibles, craft supplies & tools, vintage, out of which home & living is the market-focused category.

The company has a wide global presence across North America, South America, Europe, Asia-Pacific, Middle East and Africa. The company have subsidiaries which are Elo7 Serviços de Informática S.A. (Brazil), Reverb LLC (U.S.), Depop Limited (U.K.), Etsy France SAS (France), Trunkt LLC (U.S.), among others.