HEATED SLIPPERS MARKET ANALYSIS

Market Challenges And Opportunities

Factors Driving Growth of Heated Slippers Market

Heated slipper are majorly used for relaxation and medical purposes. Patients with medical conditions such as Achilles tendinitis, rheumatoid arthritis, lupus and gout are advised by doctors to use these slippers to help them relieve the pain. These factors are expected to facilitate growth of the market for heated slippers over the forecast period. Moreover, manufacturers of heated slippers are focusing on developing advance features to give comfort to users, owing to which the market is expected to show positive growth during the forecast period. For instance, in October 2019, U.S. based company, Smoko Inc., launched a pair of heated slippers with USB connectivity features which provide heat inside the shoes.

Furthermore, use of these slippers can help improve pain from a number of ailments such as foot inflammation, pain, stress and chronic cold feet by increasing the blood circulation and warmth of the body. All the above advantages of heated slippers are projected to aid growth of the market over the forecast period (2019-27).

However, heated slippers are available at higher costs compared with other options such as foot warmers and microwave warm boots. High cost of heated slippers is expected to hinder the market growth to some extent.