Electric Blankets Market was valued at USD 424.96 Million in 2022, and it is expected to reach USD 667.80 Million by 2029


Posted January 15, 2024 by MMRNiranka

Electric Blankets Market was valued at USD 424.96 Million in 2022, and it is expected to reach USD 667.80 Million by 2029, exhibiting a CAGR of 6.67 % during the forecast period (2023-2029)
 
Electric Blankets Market Overview

The market overview of the Electric Blankets Market industry reveals a comprehensive analysis of its intricate dynamics. The report presents global, regional, and national market revenue forecasts, emphasizing segment and region-wise sales projections. Notably, the report highlights the intense rivalry within the industry, making it a must-read for industry players seeking to stay ahead of the competition.

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Electric Blankets Market Report Scope and Research Methodology

The report provides an extensive market-oriented and commercial analysis of the Electric Blankets market using a variety of research techniques. The analysis covers various aspects of the market, including region, revenue, financial status, portfolio, technological advancement, and mergers and acquisitions. Additionally, the report conducts research on new entrants and existing players in the Electric Blankets market to identify their growth prospects and future business outlooks.

The analysis provided in the report serves as a guide for stakeholders, investors, market players, and followers, as well as new entrants, by providing them with an overall view of the Electric Blankets market for formulating investment approaches and marketing tactics. The report utilizes a bottom-up approach to estimate the size of the Electric Blankets market, which involves aggregating data from individual segments to arrive at a total market size estimate.

Electric Blankets Market Dynamics:

Unique Features of Different Electric Blankets: When the warmth supplied by a home heating system is insufficient, an electric blanket keeps the user warm and comforting while lowering total house heating expenditures. Electric blankets provide a variety of benefits in addition to lowering energy use. Manufacturers are also pursuing innovative features such as waterproof blankets, battery-powered blankets with mobile charging outlets, lightweight, durable, machine washable, and water resistant blankets. Other advantages, such as machine washable and stain resistant electric blankets, make its use more sanitary and user-friendly. Such characteristics entice a big number of individuals.

Customers over the age of sixty are especially vulnerable to harsh and unpleasant weather, therefore they are experimenting with electric blankets. Electric blankets are proven to be a successful means of caring for elderly people as technology helps to transform senior care. Electric blankets provide various advantages over traditional heating appliances for senior consumers, including the avoidance of a highly hot and stuffy environment generated by the use of a room heater.

Electric Blankets Market Regional Insights

The report provides a comprehensive analysis of growth drivers, constraints, future prospects, and competitive landscape across all regions. The market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa, and the report includes forecasts for each individual region. Furthermore, the report identifies the leading countries within each region and includes market forecasts for these countries.

Electric Blankets Market Segmentation

by Product Type

Over Blankets
Under Blankets
Electric Pads

by Distribution Channel

Offline
Online

by End User

Hotels
Hospitals
Households

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Electric Blankets Market Key Players

1. Argos
2. Lakeland
3. Dreamland
4.Morphy Richards
5. Beurer
6. Silentnight
7. Slumberdown
8. Sunbeam
9. Lakeland
10. Sleepwell
11. Biddeford Blankets
12. Rainbow Group
13. Caiyang
14. Shanghai Xiaomianyang Electric
15. Qingdao Qindao Electric
16. Perfect Fit Industries, LLC.
17. Tenacta Group S.p.A.
18. Bokuk Electronics CO.
19. Morphy Richards
20. CDB Goldair
21. Glen Dimplex
22. MAXSA Innovations
23. Odessey Products
24. Krien Health Care

Key questions answered in the Electric Blankets Market are:

What is Electric Blankets ?
What are the factors driving the Electric Blankets Market growth?
What are the main challenges the Electric Blankets Market growth?
What was the Electric Blankets market size in 2021?
Which trends are expected to generate additional revenue for the Electric Blankets market growth?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Electric Blankets Market?
What growth strategies are the players considering to increase their foothold in the Electric Blankets Market?
Who held the largest market share in the Electric Blankets Market?
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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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Last Updated January 15, 2024