Electric Blankets Market Value: Growth, Share, Size, Scope, and Trends

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.

**Segments**

- Based on type, the electric blankets market is segmented into underblankets, overblankets, and others. Overblankets are expected to dominate the market due to their ease of use and increased comfort.
- On the basis of material, the market is divided into cotton, polyester, and others. Polyester electric blankets are anticipated to witness significant growth owing to their durability and easy maintenance.
- By distribution channel, the market comprises online and offline segments. The online segment is likely to experience substantial growth, driven by the increasing popularity of e-commerce platforms.
- Considering end-user, the market includes residential and commercial sectors. The residential sector is expected to hold a major share as electric blankets are widely used in households for winter warmth.

**Market Players**

- Some of the key players in the electric blankets market include Sunbeam Products, Inc., Biddeford Blankets, SoftHeat, Perfect Fit Industries, LLC, Silentnight Group, and Beurer. These companies are focusing on product innovations to cater to the evolving consumer needs and preferences.
- Other prominent market players are Morphy Richards, Slumberdown, Brica, Lenzing AG, and Shavel Home Products. Strategic collaborations, mergers, and acquisitions are key strategies adopted by these players to gain a competitive edge in the market.

The electric blankets market is experiencing significant growth and is poised for further expansion in the coming years. One key trend that is likely to shape the market is the increasing focus on energy efficiency and sustainability. As consumers become more environmentally conscious, there is a growing demand for electric blankets that are energy-efficient and made from sustainable materials. Market players are expected to capitalize on this trend by offering products that not only provide warmth and comfort but also align with the eco-friendly preferences of modern consumers.

Another important factor driving market growth is the rising adoption of smart technologies in electric blankets. With the proliferation of smart home devices, consumers are increasingly looking for electric blankets that offer advanced features such as remote control, programmable settings, and compatibility with smart home systems. Market players are anticipated to invest in research and development to introduce innovative smart electric blankets that enhance user experience and convenience.

Furthermore, the aging population in many regions is expected to boost the demand for electric blankets. As elderly individuals are more susceptible to cold temperatures and require additional warmth, the use of electric blankets is likely to increase among this demographic. Market players are likely to target this segment by offering products specifically designed to meet the unique needs of older adults, such as enhanced safety features and user-friendly controls.

In terms of distribution channels, the online segment is expected to witness substantial growth in the electric blankets market. The convenience of online shopping, coupled with the availability of a wide range of products and competitive pricing, is driving more consumers to purchase electric blankets online. Market players are anticipated to focus on strengthening their online presence, leveraging e-commerce platforms, and implementing effective digital marketing strategies to reach a larger audience and drive sales.

Overall, the electric blankets market is characterized by intense competition and rapid technological advancements. Market players will need to stay agile, innovative, and responsive to changing consumer preferences to maintain a competitive edge. By focusing on sustainability, smart technology integration, targeting specific consumer segments such as the elderly, and optimizing their distribution channels, companies in the electric blankets market can capitalize**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 substantial growth and is expected to expand further in the forecast period. One of the key trends shaping this market is the increasing focus on energy efficiency and sustainability. Consumers are increasingly seeking electric blankets that are not only warm and comfortable but also eco-friendly and energy-efficient. Market players are likely to capitalize on this trend by offering products that align with the environmentally conscious preferences of modern consumers.

Moreover, the integration of smart technologies in electric blankets is driving market

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

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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