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.
With a formalized and managerial approach, it is been assured that all the market factors are understood well and explored neatly in the wide ranging ELECTRIC BLANKETS report. It estimates CAGR values in percentages which facilitate to know the rise or fall occurring in the market for particular product for the specific forecast period. To perform competitive analysis, a number of strategies of the major players in the market have been referred that include new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others which lead to a rise of their footprints in the market.
While structuring the universal ELECTRIC BLANKETS market research report, plentiful of objectives of market research has been considered. The facts and figures displayed in this market report aids businesses in taking sound decisions and planning advertising and sales strategy more effectively. This market report also studies the trends in consumer and supply chain dynamics which enables building up production strategies for ELECTRIC BLANKETS industry. The report comprises of analysis and discussion of important trends, market size, sales volume, and market share for ELECTRIC BLANKETS industry. The significant ELECTRIC BLANKETS market document contains all the company profiles of the major players and brands.
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Electric Blankets Market Scope and Size
Type
- Over Blankets
- Under Blankets
- Electric Pads
End User
- Hotel
- Hospital
- Household
- Price Range
- Economy
- Mid-range
- Premium
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.
Size
- Single Size
- Full/Queen Size
- King Size
Material
- Wool
- Cotton
- Polyester
- Acrylic
- Other Material
Sales Channel
- Direct
- Indirect
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.
Some of the key questions answered in this report:
- How has the Electric Blankets Market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Electric Blankets Market?
- What are the key regional markets?
- What is the breakup of the market based on the procedure?
- What is the breakup of the market based on the injury location?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Electric Blankets Market and who are the key players?
- What is the degree of competition in the industry?
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Electric Blankets Market Share Analysis
The electric blankets market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance.
Market Analysis and Insights:
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.
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.
Key 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.)
MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Electric Blankets Market Share by Product & Procedure type
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