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.
The Electric Blankets Market sector is rapidly evolving, with substantial growth and advancements anticipated by 2031. Comprehensive market research provides an in-depth analysis of market size, share, and trends, offering crucial insights into its expansion. The report delves into market segmentation and definitions, highlighting key components and drivers. By utilizing SWOT and PESTEL analyses, it assesses the market's strengths, weaknesses, opportunities, and threats, along with political, economic, social, technological, environmental, and legal factors.
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?
The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Electric Blankets Market extension. This Global Electric Blankets Market report provides the information of the Top 10 Companies in Electric Blankets Market in the market their business strategy, financial situation etc.
**Electric Blankets Electric Blankets Market Analysis 2024-2031**
The electric blankets market is expected to witness significant growth from 2024 to 2031, driven by increasing consumer awareness about energy-efficient heating solutions and the growing demand for comfort and convenience in bedding products. Technological advancements in electric blanket designs, such as improved safety features and customizable heating settings, are also contributing to market growth. Furthermore, the rising prevalence of cold weather conditions in various regions across the globe is fueling the demand for electric blankets as a cost-effective heating solution for households and commercial spaces.
**Segments:**
- **Product Type:** Underblankets, Overblankets, Electric Mattress Pads
- **Material:** Cotton, Polyester, Fleece, Others
- **Distribution Channel:** Online Retail, Offline Retail
- **End-User:** Residential, Commercial
**Market Players:**
- Sunbeam Corporation
- Biddeford Blankets
- Silentnight Group
- Sleep Number Corporation
- Beautyrest
The key market players in the electric blankets industry are consistently focusing on product innovation and strategic partnerships to strengthen their market position and expand their customer base. Collaborations with technological companies for integrating smart features into electric blankets, such as connectivity with smartphones for remote control, are expected to drive the market growth further. Moreover, investments in research and development activities to improve the safety, durability, and energy efficiency of electric blankets will continue to be a key focus area for market players to stay competitive in the evolving market landscape.
The electric blankets market is poised for robust growth in the forecast period, driven by a combination of factors such as technological advancements, changing consumer preferences, and increasing awareness about energy efficiency. With a shift towards sustainable living practices, consumers are increasingly opting for products that not only provide comfort and convenience but also help reduce energy consumption. Electric blankets have emerged as a popular choice among consumers seeking cost-effective and efficient heating solutions for cold weather conditions. The versatility in product types such as underblankets, overblankets, and electric mattress pads caters to a wide range of consumer preferences, further driving market growth.
In terms of materials used in electric blankets, the market offers a variety of options including cotton, polyester, fleece, and others. Each material has its unique characteristics and benefits, appealing to different consumer segments based on their preferences for softness, breathability, and warmth retention. Moreover, the distribution channels play a crucial role in reaching a broader consumer base. While offline retail continues to be a significant channel for sales, online retail platforms are gaining traction due to the convenience of shopping from anywhere, anytime. The shift towards online shopping has propelled market players to enhance their digital presence and offer a seamless shopping experience to consumers.
The residential and commercial segments present lucrative opportunities for electric blanket manufacturers. In residential settings, electric blankets are widely used to provide personalized heating solutions for bedrooms and living spaces. The adoption of electric blankets in commercial spaces such as hotels, hospitals, and elderly care facilities is also on the rise, driven by the need for efficient heating solutions and enhanced guest comfort. As consumers become more discerning about product quality, safety, and performance, market players are focusing on innovation to meet these evolving demands.
Key market players such as Sunbeam Corporation, Biddeford Blankets, and Silentnight Group are at the forefront of driving market growth through continuous product innovation and strategic collaborations. By investing in research and development, these companies are not only enhancing the safety and energy efficiency of electric blankets but also incorporating smart**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 witnessing a surge in demand driven by several key factors shaping the industry landscape. Consumer preferences are shifting towards energy-efficient heating solutions, resulting in an increased demand for electric blankets that offer both comfort and convenience. Technological advancements have led to innovations in electric blanket designs, improving safety features and allowing for customizable heating settings, further propelling market growth. As regions experience colder weather conditions, the need for cost-effective heating solutions in both residential and commercial settings is driving the adoption of electric blankets.
The market segmentation based on product type offers a diverse range of options catering to different consumer needs. Underblankets, overblankets, and electric mattress
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