Electric Blankets Market Size And Forecast by 2031

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. Electric Blankets Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market.

Global Electric Blankets Market Segmentation Analysis
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.

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Which are the top companies operating in the Electric Blankets Market?

The “Global Electric Blankets Market ”study report will provide a valuable insight with an emphasis on the global 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 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 Market Analysis:**

**2023 Analysis:**
- The electric blankets market is expected to see steady growth in 2023 due to the increasing adoption of energy-efficient heating solutions and the growing demand for comfort and warmth during colder months. Advances in technology leading to improved safety features and energy efficiency are also driving market growth. Consumers are increasingly investing in electric blankets for their convenience and cost-effectiveness.

**2031 Analysis:**
- By 2031, the electric blankets market is projected to experience significant growth as consumers become more aware of the benefits of using electric blankets in reducing energy consumption and maintaining comfort in sleeping environments. Demand for smart electric blankets with features such as adjustable settings and timers is expected to drive market growth further. The market is also witnessing a shift towards sustainable and eco-friendly electric blankets to cater to environmentally conscious consumers.

**Segments:**
- **Product Type:**
- Overblankets
- Underblankets
- **Distribution Channel:**
- Online
- Offline

**Market Players:**
- Sunbeam Corporation
- Biddeford Blankets
- Silentnight Group
- Beurer
- Morphy Richards
- Perfect Fit Industries
- Pure Warmth
- Yangzi Electric
- Shavel Home Products
- Therapedic

The electric blankets market is undergoing a significant transformation driven by evolving consumer preferences and technological advancements. The shift towards energy-efficient heating solutions has been a key driver of market growth, with consumers increasingly prioritizing cost-effectiveness and convenience in their bedding choices. Manufacturers are responding to this demand by incorporating advanced safety features and energy-efficient technologies into their products, thus enhancing the overall appeal of electric blankets. Moreover, the growing awareness of the environmental impact of traditional heating methods has led to a rising interest in sustainable and eco-friendly electric blankets among environmentally conscious consumers.

In terms of product segmentation, the market is divided into overblankets and underblankets, catering to different consumer preferences and sleeping habits. Overblankets are gaining popularity due to their versatility and ease of use, while underblankets are favored for their snug fit and localized heating capabilities. This segmentation allows manufacturers to target specific consumer needs and preferences, thereby driving overall market growth.

The distribution channels for electric blankets have also evolved to include both online and offline channels, providing consumers with a wide range of options to purchase these products. Online channels offer convenience and accessibility, allowing consumers to browse through a variety of brands and compare prices easily. On the other hand, offline channels such as retail stores provide a hands-on experience for consumers to touch and feel the product before making a purchase. The availability of electric blankets through multiple distribution channels has contributed to increased market penetration and consumer outreach.

Key players in the electric blankets market are continuously innovating and introducing new features to meet the changing needs of consumers. Companies like Sunbeam Corporation, Biddeford Blankets, and Beurer are investing in smart electric blankets with advanced functionalities such as adjustable settings and timers, catering to tech-savvy consumers seeking convenience and customization in their bedding products. Additionally, the emphasis on sustainability and eco-friendliness has led to the development of eco-friendly electric blankets by companies like Silentnight Group and Morphy Richards, targeting the growing segment of environmentally conscious consumers.

Overall, the electric blankets market**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 has witnessed a significant transformation in recent years, driven by changing consumer preferences and technological advancements. The focus on energy-efficient heating solutions has been a key factor contributing to the growth of the market. Consumers are increasingly seeking cost-effective and convenient heating options, leading to a surge in demand for electric blankets. Manufacturers have responded to this trend by integrating advanced safety features and energy-efficient technologies into their products. This has not only enhanced the appeal of electric blankets but also improved their overall efficiency.

In terms of product segmentation, the market offers a variety of options including overblankets and underblankets to cater to different consumer needs. Overblankets are gaining

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Research Methodology of Data bridge Market Research:
Data Bridge Market Research typically follows a comprehensive research methodology for analyzing and reporting on market trends, including the Electric Blankets Market. The research methodology generally involves the following steps:

1. Data Collection
Primary Research: This involves conducting interviews, surveys, and direct interactions with industry experts, market participants, and key opinion leaders. Primary data is crucial for gaining insights into the market's current dynamics, trends, and growth factors.
Secondary Research: This includes gathering data from publicly available sources like company reports, press releases, industry journals, government publications, and reputable databases. Secondary research helps in understanding the market's historical trends and the competitive landscape.
2. Market Segmentation and Data Analysis
Segmentation: The Electric Blankets Market is segmented based on various factors such as type, application, region, and end-user. This segmentation allows for a more detailed analysis of each Electric Blankets Market segment.
Data Analysis: Advanced analytical tools and techniques, such as SWOT analysis, PESTLE analysis, Porter’s Five Forces analysis, and regression analysis, are used to interpret the data. These tools help in identifying key market trends, growth drivers, opportunities, and challenges.
3. Market Estimation
Top-Down and Bottom-Up Approaches: These approaches are used to estimate and validate the market size. The top-down approach involves analyzing the overall market and then narrowing it down to specific segments, while the bottom-up approach starts from individual segments and aggregates them to estimate the total market size.
Data Triangulation: Multiple data sources are compared and analyzed to ensure the accuracy and reliability of the market estimates.
4. Validation
Expert Validation: The findings and market estimates are validated through discussions with industry experts and key stakeholders. This step ensures that the data and insights are accurate and reflect the market reality.
Cross-Verification: The data is cross-verified with multiple sources to ensure consistency and accuracy.
5. Report Compilation and Presentation
Drafting the Report: Once the data analysis is complete, the findings are compiled into a comprehensive report. The report includes a detailed analysis of market trends, forecasts, competitive landscape, and strategic recommendations.
Final Review: The report undergoes a final review to ensure that it meets the quality standards and provides valuable insights to the clients.
6. Ongoing Updates
Continuous Monitoring: The market is continuously monitored, and the reports are updated periodically to reflect the latest market trends and developments.
This structured approach ensures that the research conducted by Data Bridge Market Research is thorough, accurate, and provides actionable insights for stakeholders in the Electric Blankets Market.

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