Electric Blanket Market Value Of Over US$ 530 Mn by the end of 2027 | Shavel Associates Inc, CDB Goldair Australia Pty LTD, MAXSA Innovations, Morphy Richards Ltd.

The global electric blanket market to witness a close competition between over blankets and under blankets during the forecast period

Nowadays, consumers are spending a lot to keep themselves warm as well as properly insulated during the winters. There are various ways through which people can do that and today, a new type of blanket is dominating the market – electric blanket. Electric blankets can be warmed before use. Electric blankets are getting maximum attention among consumers owing to the various benefits such as allowing consumers to access multiple features and delivering maximum comfort. The global electric blanket market is anticipated to witness increasing growth owing to growing consumer awareness coupled with the advantages associated with the product.

A sample of this report is available upon request @ https://www.persistencemarketresearch.com/samples/13771

Different types of electric blankets available in the market include over blankets, under blankets and electric pads. As the name suggests, over blankets go over the body. Under blankets are also known as heated mattress pads or electric fitted sheets that fit over the mattress and below the bottom bed sheet that provides heat from below, whereas electric pads are heating pads used for warming parts of the body in order to manage pain. Among these, the over blanket market is expected to reach the highest market value of over US$ 530 Mn by the end of 2027, growing at 7.0% CAGR during the forecast period. Whereas, the under blankets segment leads in terms of higher CAGR with a 7.2% growth rate projected during the forecast period.

global electric blanket market

Several unique features of different electric blankets to fuel the growth of the global electric blanket market

When the warmness generated by a home heating system is not enough, an electric blanket helps in keeping the wearer warm and cozy, along with minimizing the overall home heating cost. Electric blankets have various associated features including lesser energy consumption. Though electric blankets consume small amounts of energy as compared to a furnace, these devices can still increase the monthly electricity bill. However, if the user operates the electric blanket at less than the maximum temperature setting, it may save overall heating costs. Manufacturers are also continuing the process of innovation and coming up with new features like waterproof blankets, battery powdered blankets with mobile chargeable sockets, light weight, durable, machine washable, and water resistant. Also, other features like machine washable and stain resistant electric blankets make their usage clean and friendlier to consumers. Such features are attracting a large number of people. Consumers aged above sixty are especially sensitive to the harsh and bitter weather and are thus giving electric blankets a try. Technology is helping revolutionize senior care, and electric blankets are proving to be an effective way of taking care of elder consumers. Senior consumers have expressed several advantages of electric blankets over traditional heating appliances; an extremely hot and stuffy room caused by the use of a room heater can be avoided.

To view TOC of this report is available upon request @ https://www.persistencemarketresearch.com/methodology/13771

The seasonality of electric blankets coupled with cautious use may restrict revenue growth of the global electric blanket market

Investing in the electric blanket market can be a high risk business. Many companies invest substantial funds on the research and development, designing, packaging, and promotion of the product, which they only propose to sell for two to three months, because it is impossible to sell outside that time period. Electric blankets are winter seasonal products, mainly sold to consumers from September through the end of January, making it a high risk business. Another aspect of electric blankets is the cautious use. The improper use of an electric blanket may make it a dangerous addition to a bed. Overheating the body with an electric blanket when pregnant can be risky. Pregnant women should not use electric blankets because they produce low frequency electromagnetic fields that enter the body. A higher core body temperature may cause harm to the fetus, mainly in the first trimester. These factors are likely to restrict revenue growth of the global market.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

This release was published on openPR.