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Comprehensive Electric Blankets Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Electric Blankets
Electric Blankets Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been a consistent increase in the market size for electric blankets in the past years. Its growth from $1.24 billion in 2024 to $1.3 billion in 2025 involves a Compound Annual Growth Rate (CAGR) of 5.0%. The growth witnessed in the historical period can be credited to the rise in comfort and convenience, improved affordability and accessibility, along with significant changes in consumer lifestyle.
Electric Blankets Market Size Forecast: What's the Projected Valuation by 2029?
The market size of electric blankets is projected to experience considerable growth in the upcoming years, reaching $1.58 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 5.0%. The expected growth during this forecast period can be traced back to factors like heightened awareness of health, an aging demographic, elevated consumer demand for premium and comfortable experiences in hotels and resorts, and an increase in customization and personalization. Key trends during this period will likely include the incorporation of innovative safety features, the rising popularity of heated mattress pads, the broadening of product selection with adjustable heat options, the inclusion of smart technology for remote access, the addition of therapeutic characteristics, cooperation with home automation systems, and the adoption of environmentally-friendly manufacturing methods.
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What Are the Drivers Transforming the Electric Blankets Market?
Rising consumer expectations for opulence and comfort in hotel and resort accommodations are predicted to further the expansion of the electric blanket market. Hotels are facilities that provide temporary lodging to patrons, commonly on a daily basis. It's observed that travelers are increasingly seeking top-tier amenities, personalized care, and luxurious experiences during their stays, indicating a shift in customer preferences towards lavishness, rest, and exclusivity in their lodging choices. Electric blankets, offering adjustable warmth and coziness, are well-suited to these aspirations. For example, the American Hotel & Lodging Association, a national organization based in the US, reported in January 2023 an 11.1% increase in hotel demand from 2021 to 2022. Moreover, 1.3 billion occupied room nights are expected to be reached by the hotel industry in 2023, suggesting a considerable surge in consumer demand for hotel stays. As a result, the escalating demand for luxury and comfort from customers in hotels and resorts is stimulating the growth of the electric blanket market.
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What Are the Key Trends Driving Electric Blankets Market Growth?
Leading players in the electric blankets market are enhancing their product portfolio and comfort through the innovation of items like the smart electric blanket. The smart electric blanket is a higher-tech version of the standard electric blanket, with remote temperature control. For example, in October 2023, Xiaomi Corporation, a consumer electronics firm based in China, rolled out its product dubbed the mijia smart electric blanket. This product comes with temperature regulation, a 12-hour automatic shutdown feature and overheat protection. Buyers can choose from different blanket sizes, such as Cal King, 170150cm, 15080cm, and 180*170cm. Designed with a breathable and plush material that is machine-friendly, the blanket also offers rapid heating besides anti-mite and anti-moisture qualities to maintain cleanliness and safety. It boasts of nine heat levels and has the ability to quickly destroy bacteria and remove humidity, guaranteeing a cosy and health-conscious usage.
Which Segments in the Electric Blankets Market Offer the Most Profit Potential?
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 Firms Dominate the Electric Blankets Market by Market Share and Revenue in 2025?
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
Which Regions Offer the Highest Growth Potential in 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.
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