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Transforming the Electric Blankets Market in 2025: Electric Blankets Market Surges with Rising Demand for Luxury in Hotels
Transforming the Electric Blankets Market
The electric blankets market will grow from $1.24 billion in 2024 to $1.32 billion in 2025, at a CAGR of 6.7%. Growth is driven by increased comfort, convenience, affordability, and changes in consumer lifestyle.
The electric blankets market will reach $1.64 billion by 2029 at a CAGR of 5.5%, driven by increased health consciousness, aging population, and demand for luxury. Key trends include safety features, customizable heat settings, smart technology, and sustainable manufacturing practices.
What Factors Are Fueling Growth in the Electric Blankets Market?
The increasing consumer demand for luxury and comfort in hotels and resorts is expected to propel the growth of the electric blankets market. With consumers seeking premium experiences and personalized services, electric blankets offer a way to enhance comfort. The hotel industry is seeing increased demand, with hotel room nights projected to reach 1.3 billion in 2023. This growing demand for luxury in accommodations is driving the electric blankets market.
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Which Leading Companies Are Shaping the Growth of the Electric Blankets Market?
Major companies operating in the electric blankets market are Medline Industries Inc., Hudson's Bay Company, Pendleton Woolen Mills, Beurer GmbH, Dimplex North America Limited, Morphy Richards Ltd., Silentnight Group Ltd., Boll & Branch, Sunbeam Products Inc., Faribault Woolen Mill, Jarden Corporation, Perfect Fit Industries LLC, Biddeford Blankets LLC, Shanghai Easun Group, Amritsar Swadeshi Textile Corporation Pvt. Ltd., URBANARA GmbH, Chellco Industries Limited, Youngman Woollen Mills Private Limited, Barker Textiles UAB, Kanata Blanket Co., Bokuk Electronics Co. Ltd., Qingdao Qindao Electric Appliance Co. Ltd., Tenacta Group S.P.A., Heatrae Sadia
What Are the Key Segments of the Electric Blankets Market?
The electric blankets market covered in this report is segmented -
1) By Type: Over Blankets, Under Blankets, Electric Pads
2) By Material: Wool, Cotton, Polyester, Acrylic, Other Material
3) By Price Range: Economy, Mid-range, Premium
4) By Size: Single Size, Full Or Queen Size, King Size
5) By End User: Hotel, Hospital, Household
Subsegments:
1) By Over Blankets: Heated Throw Blankets, Electric Comforters
2) By Under Blankets: Electric Mattress Covers, Heated Bed Blankets
3) By Electric Pads: Heating Pads For Pain Relief, Heated Mattress Pads
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Which Region Dominates the Electric Blankets Market?
North America was the largest region in the electric blankets market in 2024. The regions covered in the electric blankets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Electric Blankets Global Market Report?
- Market Size Analysis: Analyze the Electric Blankets Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Electric Blankets Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Electric Blankets Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Electric Blankets Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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