Market definition included in the world class Electric Blankets Market report explores the market drivers which indicate the factors causing rise in the market growth and market restraints which indicate the factors causing fall in the market growth. This industry report gives precise study of the Electric Blankets Market industry which explains what the market definition, classifications, applications, engagements, and global industry trends are. The report offers CAGR value fluctuations during the forecast period of 2023-2030 for the market. By knowing the marketing strategies of rivals, businesses can set up innovative ideas and striking sales targets which ultimately make them achieve competitive advantage over its competitors.
The comprehensive Electric Blankets Market report contains wide-ranging and comprehensive market insights which are based on business intelligence. The market is expected to witness growth during the forecast period due to growing demand at the end user level. Moreover, the report illustrates the CAGR values for the historic years 2021, the base year 2022 and the forecast for the years 2023-2030. The report puts a light on several aspects related to industry and market. An influential Electric Blankets Market report provides statistics on the current state of the industry as a helpful source of assistance and direction for companies and investors interested in this market.
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The global electric blankets market is expected to witness significant growth during the forecast period due to the introduction of battery-powered, lightweight, waterproof, stain-resistant, and mobile chargeable products, which have increased the uptake of electric blankets. The "household" segment is expected to be the fastest-growing end-user segment during the forecast period. The growing disposable income of consumers and increased homeownership in numerous developing nations have supported this segment's growth in the upcoming years.
Data Bridge Market Research analyses that the electric blankets market was valued at USD 1,029.80 million in 2022 and is expected to reach USD 1,864.13 million by 2030, registering a CAGR of 7.70% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
Market Definition
An electric blanket is a blanket that comprises integrated electrical heating wires. Types include over blankets, throws, under blankets, and duvets. An electric blanket is placed below the bottom bed sheet and above the mattress. This is the most common type in Commonwealth countries and the U.K., where it is recognized by default as an "electric blanket"; in Canada and the U.S., where it is less common, it is named an electric heated mattress pad. An electric over blanket is positioned above the top bed sheet and is the common type in Canada and the U.S., where it is called an "electric blanket."
Some of the major players operating in the electric blankets market are:
- American Blanket Company (U.S.)
- Pendleton Woolen Mills (U.S.)
- Amritsar Swadeshi Textile Corporation Pvt. Ltd. (India)
- Hudson's Bay Company (Canada)
- Boll & Branch (U.S.)
- URBANARA GmbH (Germany)
- Shanghai Easun Group (China)
- Medline Industries, Inc. (U.S.)
- Chellco Industries Limited (Nigeria)
- Biddeford Blankets, LLC (U.S.)
- Youngman Woollen Mills Private Limited (India)
- Richards (England)
- Silentnight Group Limited (U.K.)
- Barker Textiles UAB (Lithuania)
- Kanata Blanket Co. (Canada)
- Faribault Woolen Mill. (U.S.)
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Drivers
- Increasing demand for under blankets
Electric pads, over blankets, and under blankets are among the numerous varieties of electric blankets available in the market. Over blankets, as the name suggests, because these blankets are draped over the body. Under blankets, also known as electric fitted sheets or heated mattress pads, are heating pads that go underneath the bottom bed sheet and over the mattress to offer heat from below. In contrast, electric pads are heating pads used to warm portions of the body and manage discomfort. Among them, the demand for under blankets is anticipated to be higher during the forecast period. One of the major factors which are expected to increase the demand for under blankets in the market is the growing customer taste for comfy, luxury, and premium bedding goods, as well as global urbanization.
- Growing demand for electric blankets in various countries with extremely cold and long winters
Electric blankets are getting progressively popular owing to their reasonable expense and augmented use in countries with long winters and extremely cold weather. More companies in the global market are focusing on expanding thick fleece covered with well-insulated sheets to offer plentiful insulation and natural warmth. Manufacturers are also focusing on products that are washable and portable. For instance, Medisana HDW has created a microfibre fleece blanket and machine washable blanket. For better control, it has four degrees of heat settings. Klarstein Dr. Watson XLand Imetec 16175 are the other products in this category. Such innovations are expected to trigger global market growth during the forecast period.
Global Electric Blankets Market Scope
The electric blankets market is segmented on the basis of type, end user, price range, size, material and sales channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Over Blankets
- Under Blankets
- Electric Pads
End User
- Hotel
- Hospital
- Household
- Price Range
- Economy
- Mid-range
- Premium
Size
- Single Size
- Full/Queen Size
- King Size
Material
- Wool
- Cotton
- Polyester
- Acrylic
- Other Material
Sales Channel
- Direct
- Indirect
The investment made in the study would provide you access to information such as:
- Global Electric Blankets Market [Global – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
- Country-wise Market Size Split [of important countries with major market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
- Electric Blankets Market Size
- Market Size by Application/industry verticals
- Market Projections/Forecast
Complete Report Details with Facts and Figures along respective Images and Graphs (TOC) https://www.databridgemarketresearch.com/toc/?dbmr=global-electric-blankets-market
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