The recently published report titled, “Cold Packs Market: Opportunity Analysis and Future Assessment 2022-2030” in the database of the Reports and Insights be of assistance to a paradigm solution for clearer and greater understanding of the market. It is beneficial in determining the size of the market for particular products. These leading players functioning in this market are in rigorous competition in terms of innovation, technology, product pricing and product development. Moreover, the market study helps in establishing sales prophecies for its products and therefore, creating symmetrical adjustment between demand and supply of its products.
The global cold packs market in 2022 is estimated for more than US$ 1,531.8 Mn and expected to reach a value of US$ 2,197.3 Mn by 2030 with a significant CAGR of 4.6%.
Request a Sample Copy of the Report for COVID-19 Impact Analysis on Cold Packs Market: https://reportsandinsights.com/sample-request/1182
Cold Packs Introduction
Cold therapy is increasingly becoming popular in sports medicine as it is proving to be effective in providing relief to muscle pain, sprains, and other muscular injuries. Cold packs therapy is also beneficial to treat joint pain, inflammation, and swelling, temporary stoppage of small incisions due to accidents or trauma, etc.
Pain can be treated by application of cold as the pain makes the veins in tissues to contract and reduce blood circulation to the injury site. Once the cold is removed, blood flushes into the vein and promotes wound healing. Cold packs are applied within 24-48 hours of injury.
However, cold pack therapy is not recommended in patients with impaired circulation, ischemic diseases, open wounds, skin sensitivity, Raynaud’s disease, etc. Cold packs provide temporary comfort from pain but are not suitable for acute exudation wounds. However, cold packs are adjunctive and do require treatment.
Cold Packs Market Dynamics
The growing incidence of sports injuries and road accidents is the primary factor driving demand for the cold packs market. The growing elderly population is another important factor driving the demand of cold packs. Pain is a normal process of aging and elderly people often require pain management for chronic geriatric pain due to joint degeneration, back pains, management of arthritis pain, etc.
According to the United States Census Bureau statistics, the population aged above 65 years will rise to 1.3 Bn by 2040, making 18% of the total world’s population. The growing prevalence of persistent pain is another factor causing the growth of the global cold pack market. However, the only factor restraining the growth of cold packs is shifting demand to herbal and natural medicines for pain.
View Complete TOC and Figures & Graphs of Cold Packs Market Industry Report – https://reportsandinsights.com/report/global-cold-packs-market
Cold Packs Market Segmentation
The global cold packs market is segmented on the basis of product type, distribution channels, and region. On the basis of product type, the global cold packs market can be segmented into instant cold packs, cold patches, gel-filled cold packs, and others. On the basis of the distribution channel, the global cold packs market can be segmented into pharmacies, e-commerce, hypermarkets and supermarkets, and others.
By Product Type
- Instant Cold Packs
- Cold Patches
- Gel Filled Cold Packs
- Others
By Distribution Channel
- Pharmacies
- E-Commerce
- Hypermarkets
- Supermarkets
- Others
Cold Packs Market Key Players
The market for cold packs is highly fragmented with few global players and the large number of regional and local players operating in it. Some of the companies identified in the global cold packs market include 3M, Medline Industries, Inc., Halyards Health Inc., Kobayashi Pharmaceutical Co. Ltd., Beiersdorf, Carex Health Brands, etc.
To view Top Players, Segmentation and other Statistics of Cold Packs Industry, Get Sample Report: @ https://reportsandinsights.com/sample-request/1182
About Reports and Insights:
Reports and Insights is one of the leading market research company which offers syndicate and consulting research around the globe. At Reports and Insights we adhere to the client needs and regularly ponder to bring out more valuable and real outcomes for our customers. We are equipped with strategically enhanced group of researchers and analysts that redefines and stabilizes the business polarity in different categorical dimensions of the market.
Contact Us:
Neil Jonathan
1820 Avenue M, Brooklyn
NY 11230, United States
+1-(718) 312-8686
Find Us on Linkedin: www.linkedin.com/company/report-and-insights/