Electric Blankets Market Analysis and Opportunity Assessment up to 2028

According to Premium Market Insights new research study on "Electric Blankets Market is projected to reach US$ 1,294.62 million by 2028 from US$ 812.94 million in 2021; it is expected to grow at a CAGR of 6.9% from 2021 to 2028.

Get a Sample Copy of This Report@ https://www.premiummarketinsights.com/sample/TIP00073453/?utm_source=OpenPR&utm_medium=10655

Some Of the Major Players Influencing Market are global electric blankets market include Beurer GmbH; Morphy Richards; Biddeford Blankets LLC; Slumberdown Company; Silentnight Group Limited; Glen Dimplex; Sunbeam Products, Inc.; Bedshe International Co., LTD; Shavel Associates Inc.; and Odessey. Players operating in the market are highly focused on the development of high-quality and innovative product offerings to fulfill customers' requirements.

Electric blankets are gaining considerable attention among consumers owing to the various benefits associated with the product, such as allowing users to adjust temperatures, deliver maximum comfort, and consume less energy. The products are witnessing increased innovation with additional features such as battery-powered blankets with mobile chargeable sockets, waterproof blankets, lightweight, durable, machine washable, and water-resistant blankets. Such innovative features are increasing the attractiveness of electric blankets. Furthermore, an electric blanket is a product that gives warmth by heating the electric heating wires placed between the fabrics. Electric blankets generally have warm and hot settings and use around 80 watts of energy. In addition, increasing consumer purchasing power and demand for premium and branded products from various end users are driving the electric blankets market growth. Therefore, the growth of the electric blankets market is increasing at a significant rate. Moreover, emerging economies are witnessing a surge in the middle-class population coupled with growth in urbanization. An increase in the middle-class population in this region and the rising consumer awareness of the availability of different types of products in the market drive demand for electric blankets. The electric blanket market is witnessing increasing expansion due to rising consumer awareness and the various advantages associated with the product. Electric blankets help keep the occupants comfortable and warm by preheating the bed to a certain level before going to bed.

Based on distribution channel, the electric blankets market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. In 2020, the specialty stores segment accounted for the largest revenue share. The availability of electric blankets through various distribution channels such as specialty stores aided the expansion of the electric blankets market. The specialized online platforms are becoming increasingly popular and attracting consumers with various offers on the products. Electric blankets are the perfect companion to provide consistent warmth to the user. These factors mentioned above are driving the electric blankets market growth. Moreover, consumers highly value electric blankets during winters as these help to keep them warm and cozy. In addition to warming, these blankets prevent dampness and moist air and are suitable for people with rheumatism. They regulate the blood circulation of the human body and provide a comfortable and efficient sleep. These blankets are available in various designs and colors and provide uniform warmth without adding layer upon layer of bedding. The key drivers of the electric blanket market is the affordability, comfort, and convenience of the products. Further, electric blankets are much cheaper than heaters and bring great benefits to polar or temperate countries that suffer from long and harsh winters. Furthermore, superior internet connectivity in various regions contributes to the high sales of consumer goods such as electric blankets through e-commerce platforms.

Inquiry Before Buying At: https://www.premiummarketinsights.com/inquiry/TIP00073453/?utm_source=OpenPR&utm_medium=10655

In 2020, North America held the largest revenue share of the global electric blankets market. Canada experiences cold and harsh weather for most of the year. People in the region are subject to health issues owing to the exposure to such low temperatures such as body pains, frost bites and more. This has aided the adoption of electric blankets. Moreover, when the warmth provided by a home heating system is insufficient, an electric blanket keeps the wearer warm and comfortable while lowering total house heating expenditures. Electric blankets have several benefits in addition to lowering energy use and are mainly chosen for their reliability, durability, and cost-effectiveness. Thus, these factors are bolstering the electric blankets market growth in Canada. Furthermore, increasing income levels and visible changes in the consumer's perspective to focus on product convenience and functionality are driving the electric blankets market growth. These blankets include overheat protection to prevent the blanket from overheating and are also waterproof, stain-resistant, battery-powered, lightweight, and chargeable. Moreover, increasing awareness about the variety of electric blankets offered by the manufacturers through brick and mortar stores and online platforms is boosting the demand for electric blankets in the country.
The increasing strategic marketing and advertising of winter products drive the demand for electric blankets in the country. In addition, the increasing focus of major players on launching winter products as per the latest trends is another factor supporting the growth of the electric blankets market.

Order a copy of this research study at- https://www.premiummarketinsights.com/buy/TIP00073453/?utm_source=OpenPR&utm_medium=10655

The overall electric blankets market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the electric blankets market.

Table Of Contents
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Global Electric Blankets Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.4 Asia Pacific
4.2.5 Middle East & Africa
4.2.6 South & Central America (SAM)
4.3 Expert Opinion
5. Electric Blankets Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Consumer Preference for Comfortable and Premium Bedding
5.1.2 Increasing Adoption in Countries with Extreme Winters
5.2 Market Restraints
5.2.1 Seasonality of Electric Blankets
5.3 Market Opportunities
5.3.1 Product Innovation
5.4 Future Trends
5.4.1 High Demand for Under Blankets
5.5 Impact Analysis of Drivers and Restraints
Continued…...!

Contact Us:
If you have any queries pertaining to the report or would like further information, feel free to reach out to us at-
Contact Person: Ankit Mathur
E-mail: sales@premiummarketinsights.com
Phone: +1-646-491-9876

About Us:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost-effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.
Premium Market Insights has an extensive coverage of industry reports, company reports and country reports across all industries. In case your research needs are not met by syndicated reports offered by leading publishers, we can help you by offering a customized research solution by liaising with different research agencies saving your valuable time and money.
We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider. We also offer enterprise subscriptions which provide significant cost savings to our clients.

This release was published on openPR.