Electric Blankets Market is expected to reach USD 1.99 Billion by 2031 and is expected to undergo a CAGR of 7.70%

Electric Blankets Market Global Electric Blankets Market, By Type (Over Blankets, Under Blankets, and Electric Pads), End User (Hotel, Hospital, and Household), Price Range (Economy, Mid-range, and Premium), Size (Single Size, Full/Queen Size and King Size), Material (Wool, Cotton, Polyester, Acrylic, and Other Materials), Sales Channel (Direct and Indirect) - Industry Trends and Forecast to 2031.

Electric Blankets Market Industry Trends and Forecast to 2031

What are the projected market size and growth rate of the Electric Blankets Market?

Data Bridge Market Research analyses that the Global Electric Blankets Market which was USD 1.1 Million in 2023 is expected to reach USD 1.99 Billion by 2031 and is expected to undergo a CAGR of 7.70% during the forecast period of 2023 to 2031

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Which are the top companies operating in the Electric Blankets Market?

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**Electric Blankets Market 2024 Analysis:**

- The electric blankets market in 2024 is expected to witness steady growth due to the increasing demand for energy-efficient heating solutions. Consumers are increasingly looking for products that offer both comfort and cost-effectiveness, driving the adoption of electric blankets. Technological advancements in terms of safety features and smart functionalities are also contributing to the market growth. Additionally, the rising awareness about the benefits of using electric blankets in reducing energy consumption is further fueling market expansion.

**2031 Market Analysis:**

- By 2031, the electric blankets market is projected to experience significant growth driven by the growing consumer preference for personalized heating solutions. Manufacturers are focusing on incorporating advanced technologies such as adjustable temperature settings and wireless controls to enhance the user experience. The increasing emphasis on energy conservation and sustainability is expected to drive the adoption of electric blankets as an energy-efficient alternative to traditional heating methods. Furthermore, the expanding residential construction sector globally is anticipated to boost market growth during this period.

**Market Players:**

- Some key players in the electric blankets market include:
- Sunbeam Corporation
- Biddeford Blankets
- Perfect Fit Industries
- Silentnight Group
- Beurer
- Morphy Richards
- Slumberdown
- Lakeland
- Sleepwell
- Dreamland

The electric blankets market is poised for robust growth in the coming years, driven by several key factors shaping consumer preferences and industry dynamics. One significant trend that is likely to propel market expansion is the increasing focus on smart functionalities and safety features in electric blanket products. As consumers seek more convenient and technologically advanced heating solutions, manufacturers are expected to ramp up their efforts in integrating features such as adjustable temperature settings and wireless controls to enhance user experience and promote safety.

Moreover, the trend towards energy efficiency and sustainability is anticipated to play a pivotal role in driving the adoption of electric blankets over traditional heating methods. With a growing awareness of the environmental impact of energy consumption, consumers are likely to gravitate towards products that offer energy-efficient heating solutions, positioning electric blankets as a viable and environmentally friendly alternative. This shift towards sustainable consumption is further supported by the emphasis on energy conservation globally, creating a conducive environment for the growth of the electric blankets market.

Another key driver of market growth is the expanding residential construction sector worldwide. As the housing market continues to witness growth and development, the demand for heating solutions, including electric blankets, is expected to rise in tandem. The increasing number of households, particularly in emerging markets, presents a lucrative opportunity for electric blanket manufacturers to tap into a growing consumer base seeking comfort and energy-efficient solutions for their homes. This trend is likely to bolster market growth and drive innovation in product offerings to cater to the evolving needs of consumers.

In terms of market players, the electric blankets segment is characterized by a competitive landscape with key players vying for market share through product differentiation and innovation. Companies such as Sunbeam Corporation, Biddeford Blankets, and Perfect Fit Industries are at the forefront of the market, leveraging their expertise in the industry to introduce cutting-edge products that meet consumer demands. With a focus on quality, safety, and technological advancements, these players are expected to drive market growth and set new benchmarks for the industry.

Overall, the electric blankets market is poised for robust growth driven by changing consumer**Market Players:**

- 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)
- Morphy Richards (England)
- Silentnight Group Limited (U.K.)
- Barker Textiles UAB (Lithuania)
- Kanata Blanket Co. (Canada)
- Faribault Woolen Mill. (U.S.)

The electric blankets market is undergoing a transformation driven by evolving consumer preferences and industry trends. One of the key drivers of market growth is the increasing demand for energy-efficient and cost-effective heating solutions. Consumers are gravitating towards products that offer comfort while also being environmentally friendly and economically viable, leading to a rise in the adoption of electric blankets. Moreover, the focus on incorporating advanced technologies such as smart functionalities and safety features is enhancing the overall user experience and driving market expansion.

Furthermore, the emphasis on personalized heating solutions is expected to propel market growth in the coming years. Manufacturers are investing in incorporating adjustable temperature settings and wireless controls to cater to the diverse needs of consumers

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