An electric blanket comprises with integrated electrical heating wires. Electric blankets come in a variety of popular designs, including under-blankets and over-blankets. It is possible to sandwich an electric under blanket between a mattress and the bottom bed sheet and this is found commonly in commonwealth nations and the UK. The top of the bed sheet is covered with an electric blanket, which is mostly available in North American nations like Canada and the US. The worldwide electric blankets market is projected to experience growth during the forecast period due to the increasing popularity of these blankets in nations with chilly, harsh winters. Growing consumer preferences for luxurious, cosy, and high-end bedding items, along with global urbanization's role as one of the main market growth drivers.

The electric blankets market is expected to grow at a steady rate of around CAGR of 7% from 2022 to 2028 owing to rising demand for various flexible heating goods caused by the weather. In countries with protracted and harsh winters, electric blankets are practical and considerably less expensive than heaters. Businesses have focused on producing well-insulated sheets lined with thick fleece in order to provide lots of natural insulation and warmth. Additionally, they are providing washable and portable goods.

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According to UnivDatos Market Insights (UMI)’ research report “Electric Blankets Market”, the market is expected to witness robust growth during the forecast period (2022-2028). The industry is being driven by the increasing integration of technological improvements in consumer convenience goods and equipment. Innovative features like water-resistant blankets, battery-operated blankets with mobile charging ports, and lightweight, robust, machine-washable blankets are also sought after by manufacturers. Due to additional advantages like machine-washable and stain-resistant electric blankets, its use is more hygienic and convenient.

Based on product type, the market is segmented into over blankets and under blankets. Under blankets segment is expected to witness a higher CAGR during the forecast period from 2022 to 2028. Reasons behind the surge of demand of Under blankets are mainly rise in disposable income of consumers and rise in standard of living of the people.

Based on sales channel type, the market is segmented into online and offline. Offline sales channel segment expected to dominate the market during the forecast period from 2022 to 2028. The popularity of offline sales and distribution channels has been greatly influenced by the physical presentation of products and the possibility to examine product attributes. Retail, department, and specialty stores are the next most popular offline retailers among American consumers, who also prefer buying from mass merchants.

๐“๐จ ๐†๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐Ÿ๐ฎ๐ฅ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก, ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐๐ƒ๐… ๐‚๐จ๐ฉ๐ฒ – https://univdatos.com/get-a-free-sample-form-php/?product_id=34822

Based on end user type, the market is segmented into commercial and residential. Residential segment to be the fastest growing in the electric blankets market due to rising consumer disposable income and a rise in home ownership in various developing nations. Over the next several years, it's anticipated that changing lifestyles and the arrival of practical consumer products based on technology will increase the use of electric blankets. Demand for products has been driven by affordability, comfort, and advantages across a range of consumer age groups, particularly among people with conditions like fibromyalgia, arthritis, muscle pains, nasal issues, and painful menstruation.

Asia Pacific to hold significant market share

For a better understanding of the market adoption of the electric blankets, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World.  Asia-Pacific region is anticipated to hold a significant share of the global electric blanket market by the end of the forecast period. In China, electric blankets are getting more and more popular, leading to market dominance. The market's dominance has been facilitated by the expanding use and accessibility of electric blankets in China. For instance, China is a major supplier of electric blankets and purchases around 30 million pieces of electric blankets every year since they are widely available, increasingly inexpensive, and offered in department shops as well as garage sales.

For More Informative Information, Please Visit Us – https://univdatos.com/report/electric-blankets-market/

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the electric blankets market are Argos Limited; Beurer GmbH; Biddeford; CDB Goldair Pty Limited; Glen Dimplex Group; MAXSA Innovations; Morphy Richards; Shavel Home Products; Silentnight Group Limited; Sunbeam Products, Inc.

Electric Blankets Market provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.       

Market Segmentation:

1.     By Product Type (over blankets and under blankets)

2.     By Sales Channel Type (online and offline)

3.     By End User Type (commercial and residential)

4.     By Region (North America, Europe, Asia-Pacific, Rest of the World)

5.     By Company (Argos Limited; Beurer GmbH; Biddeford; CDB Goldair Pty Limited; Glen Dimplex Group; MAXSA Innovations; Morphy Richards; Shavel Home Products; Silentnight Group Limited; Sunbeam Products, Inc.)

Key questions answered in the study:

1.     What are the current and future trends of the electric blankets testing industry?

2.     How the industry has been evolving in terms of product type, sales channel type, and end user type?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the electric blankets industry?

5.     What is the customer orientation, purchase behavior, and expectations from the electric blankets suppliers across various region and countries?

Table of Content:-

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 IMPACT OF COVID-19 ON THE ELECTRIC BLANKETS MARKET

6 ELECTRIC BLANKETS MARKET REVENUE (USD BN), 2020-2028F

7 MARKET INSIGHTS BY PRODUCT TYPE

8 MARKET INSIGHTS BY SALES CHANNEL

9 MARKET INSIGHTS BY END USER

10 MARKET INSIGHTS BY REGION

11 ELECTRIC BLANKETS MARKET DYNAMICS

12 ELECTRIC BLANKETS MARKET OPPORTUNITIES

13 ELECTRIC BLANKETS MARKET TRENDS

14 DEMAND AND SUPPLY-SIDE ANALYSIS

15 VALUE CHAIN ANALYSIS

16 COMPETITIVE SCENARIO

17 COMPANY PROFILED

18 DISCLAIMER