Press release
Baby Blankets Market Set to Grow to $3.15 Billion by 2030 with 3.6% CAGR
๐๐๐๐ฒ ๐๐ฅ๐๐ง๐ค๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒOne type of covering that is frequently used in newborns' cribs and bassinets is the baby blanket. Typically, a large piece of knitted or woven cloth is wrapped around the baby to provide warmth and comfort. Baby blankets can also be used as a nursing cover-up or to shield a baby from the sun. The growing demand for baby blankets as more people become aware of its advantages can be attributed to the market's rise.
๐๐๐๐ฒ ๐๐ฅ๐๐ง๐ค๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ:
Baby blankets, essential for keeping infants warm and comfortable, are increasingly sought after as more parents become aware of their benefits. The market's expansion is closely tied to several key trends:
โข Rising Disposable Income: With higher disposable incomes, consumers are opting for better-quality products. This trend is particularly evident in developing countries like India and China, where there is a growing demand for luxury and comfort.
โข Population Growth: The increasing global birth rate is driving the demand for baby blankets. More babies being born means a higher need for these essential items.
โข Changing Preferences: Modern consumers are leaning towards vivid colors and trendy designs. The market has responded with new product offerings, including pastel-colored cotton blankets that cater to these preferences.
โข Climate Impact: Shifts in global weather patterns are spurring interest in electric blankets, which provide self-warming capabilities and superior comfort.
๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐๐๐ฏ๐๐ง๐ฎ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก:
Global Baby Blankets Market was valued nearly US$ 2.46 Bn. in 2023. Baby Blankets Market size is estimated to grow at a CAGR of 3.6 % & is expected to reach at US$ 3.15 Bn. by 2030.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ฎ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/145685/
๐๐๐๐ฒ ๐๐ฅ๐๐ง๐ค๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
Understanding the characteristics of the Baby Blankets market key trends, growth-promoting factors, and potential opportunities are all part of this. The qualitative and quantitative data was collected as well as Primary and secondary research methods are utilised to gather data. To collect primary data, interviews and surveys are conducted with important market participants like Key Opinion People in the Baby Blankets sector, including vendors, manufacturers, suppliers, customers, and experts. Their thoughts are gathered to form a business information on this market. The report's main goal is to provide a comprehensive analysis of the Baby Blankets market with a focus on a market-driven strategy. The market size is calculated by syndicate data.
๐๐๐๐ฒ ๐๐ฅ๐๐ง๐ค๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
โข North America: The region led the market in 2023, accounting for over 30% of total sales. Factors such as diverse climate conditions, a large number of hotels, and extensive charitable activities contribute to its leading position.
โข Asia Pacific: Forecasted to grow at the highest rate of 5.2% during the forecast period, this region's growth is fueled by fluctuating temperature conditions and the substantial size of military forces in countries like China and India.
๐ ๐จ๐ซ ๐๐ง ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/145685/
๐๐๐๐ฒ ๐๐ฅ๐๐ง๐ค๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
โข ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
โ Cotton
โ Polyester
In 2023, cotton's market share was close to 25.0%. In the near future, demand is anticipated to increase due to these items' softness and durability. To satisfy the demands of both domestic and international markets, these products are made from cotton yarns that are available in a range of sizes and weights. The strongholds of cotton growing in the United States, Brazil, Pakistan, India, China, Australia, Turkey, and Uzbekistan are predicted to drive industry players to put their important business units in close proximity to one another.
Polyester is expected to grow at the fastest pace, 5.0%, between 2024 and 2030. The rise in demand can be ascribed to its affordability and easy accessibility. The product is far less costly than fleece, cotton, or mink. In terms of durability, it also outlasts most of its rivals. In recent years, mink, fleece, and cotton have all been substituted. In industrialized European countries, polyester has been preferred over fleece by railways and aeroplanes due to its durability and ability to survive repeated washings. The replacement of passenger blankets on a regular basis lowers airline operating costs. Similarly, buyers in the hotel sector have been keen to switch out their mink and fleece blankets for polyester ones.
โข ๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
โ Online sales
โ Offline
Online sales are predicted to grow at the greatest rate between 2024 and 2030. Rising internet penetration and millennials' increasing reliance on e-commerce forums as their main sales channel are the likely causes of this increase. Additionally, e-retailing offers rapid access to a vast network of suppliers and vendors, making price comparison and negotiating easier. A sizable portion of retailers have opted for online sales over conventional channels. Online sales have allowed sellers with well-established businesses to reach a wider audience.
๐๐๐๐ฒ ๐๐ฅ๐๐ง๐ค๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Amritsar Swadeshi Textile Corporation Pvt. Ltd.
2. Chellco Industries Limited
3. JPrakash Woollen & Synthetic Mills Limited
4. Qbedding.com
5. Youngman Woollen Mills Private Limited.
6. Qbedding
7. Fashion Hometex
8. Vallabh Fabriks Limited
9. Lamina Blankets
10. Shambhoo Textile
11. Adamvati Knitwear
12. Baby Kings
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
The comprehensive market report provides an in-depth analysis of the baby blankets sector, including historical data, current trends, and future projections. It covers various aspects of the market, such as distribution channels, key players, and regional dynamics. Additionally, the report includes PORTER and PESTEL analyses to help stakeholders understand the market's competitive landscape and strategic opportunities.
As the baby blankets market continues to evolve, manufacturers and retailers are advised to stay attuned to consumer preferences and regional trends to effectively capture growth opportunities and meet the rising demand for quality and comfort.
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐๐จ๐ซ ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ฑ๐ฉ๐ฅ๐๐ง๐๐ญ๐ข๐จ๐ง: https://www.maximizemarketresearch.com/market-report/baby-blankets-market/145685/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐๐ฒ ๐๐ฅ๐๐ง๐ค๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Baby Blankets?
Who are the leading companies and what are their portfolios in Baby Blankets Market?
What segments are covered in the Baby Blankets Market?
Who are the key players in the Baby Blankets market?
Which application holds the highest potential in the Baby Blankets market?
What are the key challenges and opportunities in the Baby Blankets market?
What growth strategies are the players considering to increase their presence in Baby Blankets?
What is the growth rate of the Baby Blankets Market?
Which are the factors expected to drive the Baby Blankets market growth?
What are the upcoming industry applications and trends for the Baby Blankets Market?
What will be the CAGR at which the Baby Blankets market will grow?
What are the different segments of the Baby Blankets Market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐ญ. ๐๐ญ๐.
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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