Global Market Forecast for Electric Blankets: Growth Projections and Key Factors Influencing the Industry

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.

A worldwide Electric Blankets market report is generated by a team of multilingual researchers who are skilled at different languages and hence perform market research internationally. With this industry report, businesses can get clear idea about how the market is going to perform in the forecast years with understandable details about market definition, classifications, applications, and engagements. A genius team along with project managers serve the clients on every strategic aspect including product development, key areas of development, application modelling, use of technologies, the acquisition strategies, exploring niche growth opportunities and new markets.

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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.

Electric Blankets Market Scope and Size

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

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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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.

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.

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)