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Gravity Blanket Market 2024-2033 : Market Size, Top Segments, Leading Region Forecast
Gravity Blanket Global Market Report 2024
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According to The Business Research Company's, The gravity blanket market size has grown rapidly in recent years. It will grow from $0.83 billion in 2023 to $0.98 billion in 2024 at a compound annual growth rate (CAGR) of 17.5%. The growth in the historic period can be attributed to increasing awareness of therapeutic benefits, a rise in mental health issues, demand for better sleep solutions, growing disposable income, and adoption in healthcare settings.
The gravity blanket market size is expected to see rapid growth in the next few years. It will grow to $1.87 billion in 2028 at a compound annual growth rate (CAGR) of 17.6%. The growth in the forecast period can be attributed to a rise in eco-conscious consumerism, increased spending on luxury bedding, an expanding geriatric population, a growing prevalence of insomnia, and a higher adoption of personalized products. Major trends in the forecast period include a rise in smart blanket technology, the development of hypoallergenic materials, customization options for weight and size, collaborations with mental health organizations, and the emergence of multi-functional blankets.
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Market Drivers and Trends:
The rising stress and anxiety levels are expected to propel the growth of the gravity blanket market going forward. Stress and anxiety levels are growing due to increasing pressures from modern life, including work demands, financial uncertainty, social media influence, and global crises. Gravity blankets help reduce stress and anxiety by providing calming deep touch pressure that soothes the nervous system and promotes relaxation. For instance, in May 2024, according to the annual mental health poll by the American Psychiatric Association, a US-based organization of psychiatrists, the percentage of adults feeling more anxious rose to 43% in 2024, up from 37% in 2023 and 32% in 2022, with 70% particularly concerned about current events. Therefore, rising stress and anxiety levels are driving the gravity blanket market.
Major companies operating in the gravity blanket market are focusing on developing innovative products, such as advanced weight distribution blankets, to enhance sleep comfort and product longevity. Weight distribution blankets are specially designed blankets that evenly distribute weight across the body to provide consistent, gentle pressure. For instance, in September 2023, YNM, a US-based weighted blanket company, launched weighted blanket 3.0, a new era of sleep technology. This feature features refined 2x2 inch compartments, which ensure even weight distribution, prevent bead leakage and extend product lifespan. This innovation significantly enhances sleep comfort by providing deeper pressure stimulation, regulating stress hormones, and improving overall sleep quality.
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Major Key Players of the Market:
Sleep Number Corporation, Saatva Inc., Casper Sleep Inc., Brookstone, Brooklyn Bedding, Layla Sleep Inc., Hush Blankets, Bearaby, Senso-Rex, Mosaic Weighted Blankets, Baloo Living, BlanQuil, Huggaroo, Luxome, Nuzzie, SensaCalm, Sweet Zzz, Tucked In, YNM, Helix Sleep
Gravity Blanket Market 2024 Key Insights:
• The gravity blanket market size is expected to see rapid growth in the next few years. It will grow to $1.87 billion in 2028 at a compound annual growth rate (CAGR) of 17.6%.
• Rising Stress Drives Gravity Blanket Market Growth As An Anxiety Remedy
• Innovative Gravity Blankets Enhance Comfort With Even Weight Distribution And Longevity
• North America was the largest region in the gravity blanket market in 2023
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