Electric Blankets Market Size, Share by 2028
Electric Blankets Market size is projected to reach US$ 1,294.62 million by 2028 from US$ 812.94 million in 2021; it is expected to grow at a CAGR of 6.9% from 2021 to 2028.
According to our latest market study on “Electric Blankets Market Forecast to 2028 – COVID-19 Impact and Global Analysis – By Size, Type, Distribution Channel, and Geography,” the electric blankets market size is projected to reach US$ 1,294.62 million by 2028 from US$ 812.94 million in 2021; it is expected to grow at a CAGR of 6.9% from 2021 to 2028. The report highlights key factors driving the market growth and prominent players along with their developments in the market.
The Electric Blankets Market Research Reports offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Electric Blankets Market is based on company profiles and their efforts on increasing product value and production.
Electric Blankets Market research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including market environment, competitive landscape, historical data, and present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers, and challenges.
Get PDF Sample Copy @ https://www.theinsightpartners.com/sample/TIPRE00028383/
Increasing demand for different types of blankets, such as cotton, wool, and polyester, is a key factor driving the electric blankets market growth. In addition, the growing popularity of blankets of different types, patterns, colors, and brands, coupled with increased product promotion through various social media platforms worldwide, is driving the growth of the electric blankets market.
Furthermore, increasing consumer expenditure and rising technological advancements in blankets, such as electric blankets by key manufacturers, are propelling the growth of electric blankets. Further, rising innovations, evolving consumer preferences, and research & development activities are driving the demand for electric blankets.
Electric blankets are typically made of polyester microfiber or fleece, and these blankets are often super soft and plush. Furthermore, e-commerce platforms are gaining popularity as a distribution channel due to the growing share of tech-savvy consumers and the growing tendency to shop online. The rising trend of e-commerce platforms also introduced retailers offering high-quality products to reach a rapidly expanding customer base with the advent of third-party online suppliers. These factors are surging the demand for electric blankets.
A few key players operating in the global market include Beurer GmbH; Morphy Richards; Biddeford Blankets LLC; Slumberdown Company; Silentnight Group Limited; Glen Dimplex; Sunbeam Products, Inc.; Bedshe International Co., LTD; Shavel Associates Inc.; and Odessey.
Global Electric Blankets Market Research Report 2028 carries in-depth case studies on the various countries which are involved in the Electric Blankets Market. The report is segmented according to usage wherever applicable and the report offers all this information for all major countries and associations. It offers an analysis of the technical barriers, other issues, and cost-effectiveness affecting the market.
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
If you have any queries about this report or if you would like further information, please
Contact Person: Sameer Joshi