Electric Blankets Market Size Worth USD 1,864.13 Million Globally with Excellent CAGR of 7.70% by 2030, Size, Share, Rising Trends, Market Demand and Revenue Outlook

The top Electric Blankets Market research provides a macro-level description of industry trends, enabling the mapping of the market landscape and likely future challenges. The analysis and estimation of broad market drivers, such as consumer demand, government policy, and demand, which are linked to consumer purchasing patterns and, consequently, market growth and development, are included in this report. This market research report includes a comprehensive analysis of the industry as well as a wealth of related elements, such as competition analysis, market drivers, market constraints, market segmentation, opportunities, and challenges. A study on the keyword market's analysis is also helpful when introducing a new product to the market or growing a company both locally and internationally.

Explore Further Details about This Research Electric Blankets Market Report https://www.databridgemarketresearch.com/reports/global-electric-blankets-market

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.

Data Bridge Market Research analyses that the 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. 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.

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. An electric over blanket is positioned above the top bed sheet and is the common type in Canada and the U.S., where it is called an "electric blanket."

Drivers

Increasing demand for under blankets

Electric pads, over blankets, and under blankets are among the numerous varieties of electric blankets available in the market. Over blankets, as the name suggests, because these blankets are draped over the body. Under blankets, also known as electric fitted sheets or heated mattress pads, are heating pads that go underneath the bottom bed sheet and over the mattress to offer heat from below. In contrast, electric pads are heating pads used to warm portions of the body and manage discomfort. Among them, the demand for under blankets is anticipated to be higher during the forecast period. One of the major factors which are expected to increase the demand for under blankets in the market is the growing customer taste for comfy, luxury, and premium bedding goods, as well as global urbanization.

Growing demand for electric blankets in various countries with extremely cold and long winters

Electric blankets are getting progressively popular owing to their reasonable expense and augmented use in countries with long winters and extremely cold weather. More companies in the global market are focusing on expanding thick fleece covered with well-insulated sheets to offer plentiful insulation and natural warmth. Manufacturers are also focusing on products that are washable and portable. For instance, Medisana HDW has created a microfibre fleece blanket and machine washable blanket. For better control, it has four degrees of heat settings. Klarstein Dr. Watson XLand Imetec 16175 are the other products in this category. Such innovations are expected to trigger global market growth during the forecast period.

Recent Development

In October 2019, Chinese tech giant Xiaomi Corporation launched a new and innovative PMA smart electric blanket. This newly launched blanket can be made to function vias an app of Xiaomi.
 Global Electric Blankets Market Scope

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 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.)

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