Electric Blankets Market : SWOT Analysis, Key Players, Industry...

Electric Blankets Market : SWOT Analysis, Key Players, Industry Trends and Regional Outlook

Posted 2024-05-09 05:50:25

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An all-inclusive Electric Blankets Market survey report makes available the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios. The report also recognizes and analyses the emerging trends along with major drivers, challenges and opportunities in the market. The report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. Further, Electric Blankets Market document also reviews key players, major collaborations, mergers & acquisitions along with trending innovation and business policies.

It has been assured that Electric Blankets Market business report gives absolute knowledge and insights to the clients about the new regulatory environment which suits to their organization. The finest and excellent market report gets generated only if the major market factors are part of the report. Moreover, this excellent market report also provides strategic profiling of top players in the Electric Blankets Market industry, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. Electric Blankets Market research report is a resource for getting current as well as upcoming technical and financial details of the industry to 2030.

Explore Further Details about This Research Electric Blankets Market Report https://www.databridgemarketresearch.com/reports/global-electric-blankets-market

The global electric blanket market is witnessing significant growth, particularly in the segment utilizing 15 to 115 watts. This range offers versatility in heating options, catering to diverse consumer preferences. Modern "low voltage" electric blankets, operating on 12 to 24 volts with thin carbon fiber wires, are gaining popularity due to their enhanced safety features and energy efficiency. This trend reflects a shift towards more technologically advanced and environmentally conscious heating solutions, driving innovation and market expansion.

Global electric blankets market size was valued at USD 1.10 billion in 2023 and is projected to reach USD 1.99 billion by 2031, with a CAGR of 7.70 % during the forecast period of 2024 to 2031. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.

Market Definition

An electric blanket is a bedding accessory that contains insulated wires embedded within the fabric. These wires are connected to an electrical power source, allowing the blanket to generate heat when turned on. Users can adjust the temperature settings to their preference, providing warmth during cold weather. Electric blankets are designed with safety features such as automatic shut-off and temperature controls to prevent overheating and ensure user comfort.

Drivers

Demand for Customizable Temperature Settings

The demand for customizable temperature settings in electric blankets is driven by consumers' desire for personalized comfort and control over their sleeping environment. This feature allows users to adjust the warmth according to their individual preferences, catering to varying needs throughout the night or changing weather conditions. Customizable temperature settings enhance the user experience by providing flexibility and ensuring optimal comfort, which is particularly appealing to individuals with different heat sensitivities or those sharing a bed with different temperature preferences. As a result, electric blankets offering this feature tend to enjoy higher demand and market acceptance due to their ability to meet diverse consumer requirements.

Urbanization and Smaller Living Spaces

Urbanization and smaller living spaces drive the demand for electric blankets due to their space-saving and efficient heating capabilities. As urban areas witness denser populations and smaller living spaces, traditional heating solutions such as bulky heaters become less practical. Electric blankets offer a compact and portable alternative, allowing individuals to stay warm without taking up valuable floor space. In addition, their ability to provide localized warmth enables users to heat specific areas without needing to heat an entire room, making them ideal for apartments, studios, and other small living spaces where centralized heating may be insufficient or costly.

Electric Blankets Market Scope

The market is segmented into six notable segments which are based on type, end user, price range, size, material, and sales channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

Over Blankets
Under Blankets
Electric Pads

End User

Hotel
Hospital
Household

Price Range

Economy
Mid-range
Premium

Size

Single Size
Full/Queen Size
King Size

Material

Wool
Cotton
Polyester
Acrylic
Other Materials

Sales Channel

Direct
Indirect

Some of the major players operating in the market are:

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.)

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Report Investment: Know the Pros

Besides assessing real time developments and triggers, this section of the report also presents notable past highlights that accelerated growth in thisGlobal Electric Blankets Market
A well scouted presentation of all the crucial segments that collectively harness maximum profit building in global Electric Blankets Market
A detailed account of crucial Electric Blankets Market developments, potential investment bays as well as evaluation of successful business decisions that guide profitable business outcome
A clear depiction of Electric Blankets Market specific dynamics, competitor analysis as well as gauging competition intensity

Why choose Data Bridge Market Research?

Modern technologies, such as artificial intelligence, to provide updated industry growth.
DBMR team provides clients with the top notch Electric Blankets Market research report.
Interaction with research scientists and development heads to understand the nature of the Electric Blankets Market more precisely.
24/7 availability of services.
Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.

DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Electric Blankets Market size

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