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Electric Blankets Market Revenue to Rise Substantially Owing to Increasing End-use Adoption
Posted: Aug 15, 2024
The Global Electric Blankets Market size was valued at USD 1.07 billion in 2022 and is projected to reach USD 1.69 billion by 2030, growing at a CAGR of 5.9% from 2023 to 2030.
Bed covers with an integrated heating element are known as electric blankets, allowing them to maintain the desired temperature while sleeping even in cold weather because they can be used to reduce home heating costs, and those who many users prefer electric blankets. Modern electric blankets have sophisticated thermal regulation that can detect changes in skin and ambient temperature and adjust settings accordingly. The most sophisticated types of curtains can be programmed to heat up before bed and turn off at specific times. The temperature can also be adjusted to suit the requirements of two people sharing the bed. Through rising investment in R&D, commercial demand for electrical textiles, increasing imports and consumption income of the public drives the electrical textiles market.
An electric blanket is an electric heater that is integrated with an electric heater. This blanket provides adequate warmth and comfortable sleep for the user. It has various features like easy access and adjustable temperature.
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Top Key Players in Electric Blankets Market are as follows
Chengdu Rainbow Appliance, Sunbeam Products, Caiyang, Shanghai Xiaomianyang Electric, Qingdao Qindao Electric, MORITA, Sojoy, Beurer, Tenacta Group, Glen Dimplex (Morphy Richards and Dimplex), Slumberdown, Bokuk Electronics, Silentnight, Biddeford Blankets, Shijiazhuang Mengjie Industry, Snugnights UK LLP, Medisana, and other major players.
Increasing Requirement from the Logistics Sector
Over the course of the projection period, there should be steady development prospects in the Electric Blankets Market due to the strong demand from logistics organizations worldwide. Growing public knowledge of ecologically friendly blankets options is crucial because over 80 percent of emissions come from freight and airline transportation combined.
Segmentation of Electric Blankets Market:
By Product Type
- Over Blankets
- Under Blankets
- Electric Pads
By End-Users
- Residential
- Commercial
An in-depth study of the Electric Blankets Market for the years 2024–2032 is provided in the latest research. North America, Europe, Asia-Pacific, South America, the Middle East, and Africa are only some of the regions included in the report's segmented and regional analyses. The research also includes key insights including market trends and potential opportunities based on these major insights. All these quantitative data, such as market size and revenue forecasts, and qualitative data, such as customers' values, needs, and buying inclinations, are integral parts of any thorough market analysis.
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Geographically, The report covers:
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Key Features of the Report:
- Competitive Analysis: Gain a comprehensive understanding of the evolving Electric Blankets Market landscape to effectively adapt and strategize.
- Forward Perspective: Discover what is driving or inhibiting market growth from a forward-looking perspective.
- Product Segmentation: Identify key product segments and their growth potential to align your strategies with Electric Blankets Market trends.
- Informed Decision Making: Deepen your understanding of the market and its segments to make well-informed business decisions.
Electric Blankets Market report also contains analysis on:
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Report's Scope
Three key factors determine the market segmentation of Electric Blankets Market: vehicle type, battery type, and battery capacity. The market is divided into two segments based on the kind of vehicle: load carriers and passenger carriers. Based on battery capacity, the market is divided into 101Ah segments. The lead acid battery, lithium-ion battery, and nickel metal hydroxide battery segments of the market are separated based on the kind of battery.
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