Portland ,OR, Sept. 28, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global infant fever stickers market generated $389.9 million in 2021, and is projected to reach $860 million by 2031, growing at a CAGR of 8.3% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape, and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners, and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.
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Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2022–2031 |
| Base Year | 2021 |
| Market Size in 2021 | $389.9 million |
| Market Size in 2031 | $860 million |
| CAGR | 8.3% |
| No. of Pages in Report | 251 |
| Segments Covered | Type, Application, Distribution Channel, And Region. |
| Drivers | Increase in the adoption of Internet of things |
| Rise in innovative treatment technologies | |
| Opportunities | Presence of persistent digital transformations by healthcare enterprises across the globe |
| Rise in internet penetration |
COVID-19 Scenario:
- The instant fever stickers market experienced a negative impact during the outbreak of the pandemic, owing to the stringent regulatory restrictions imposed by the governments of various countries across the globe.
- Lockdowns resulted in the closure of various manufacturing facilities, including those of fever stickers, which adversely impacted the market.
- These restrictions have had a direct impact on the food & beverages supply chain with tightening of transportation and port capacities, thus leading to increase in shipping and freight costs.
- Furthermore, this has resulted in shortage of baby care product supply, which is anticipated to affect availability of products at the retail level. The loss of supply chains and distribution channels in the initial months of the pandemic further aggravated the impact on the market.
The report offers detailed segmentation of the global infant fever stickers market based on type, application, distribution channel, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on the fastest growing segments and highest revenue generation that is mentioned in the report.
Based on type, the disposable infant fever sticker segment held the largest market share in 2021, holding nearly four-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The reusable infant fever sticker segment, on the other hand, is expected to cite the fastest CAGR of 9.2% during the forecast period.
Based on application, the retail pharmacies segment held the largest market share in 2021, holding nearly half of the global market, and is expected to maintain its leadership status during the forecast period. The online pharmacies segment, on the other hand, is expected to cite the fastest CAGR of 8.9% during the forecast period.
Based on distribution channel, the offline segment held the dominating market share in 2021, holding more than four-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The online segment, on the other hand, is expected to cite the fastest CAGR of 9.2% during the forecast period.
Based on region, the market across North America held the largest market share in 2021, holding nearly two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 9.0% during the forecast period.
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The key players analyzed in the global infant fever stickers market report include JMK/IIT Inc., Tempagenix LLC, AMG Medical Inc., Carex Health Brands, ThermometerSite, Medline Industries Inc., FeverMates, Tobbie & Co, Rumble Tuff, MeeMee’s, and Jayem Trade Private Limited.
The report analyzes these key players in the global infant fever stickers market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzingrecent developments, product portfolio, business performance and operating segments by prominent players in the market.
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
