Sustainability and Comfort: How Electric Blankets Are Evolving with Technology
Electric Blankets Market: The Global Electric Blankets Market size was valued at USD 1.13 billion in 2023 and is projected to reach USD 1.91 billion by 2032, growing at a CAGR of 5.99% from 2024 to 2032.
Electric Blankets Market Overview:
IMR Market Report is a Business Consultancy Firm that has published a detailed analysis of the Electric Blankets Market The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the market, with forecasts outspreading the year 2030.
Electric Blankets Market Scope and Methodology:
The market study offers thorough data on important factors, such as those anticipated to propel the industry’s expansion and impending difficulties. Stakeholders will possess a comprehensive understanding of the industry’s competitive landscape, the goods marketed by prominent companies, and the investment opportunities in the market. The sector’s qualitative and quantitative aspects are both covered in the study. The MMR report’s scope includes a thorough analysis of the competition for the Electric Blankets Market.
Many new requirements are provided in the study, each with a detailed reason. In order to produce the Market, a variety of primary and secondary sources of information were consulted, including government records, websites, yearly reports, and expert and professional opinions.
Electric Blankets Market Dynamic:
The primary driver of the electric blanket market's expansion was the growing global usage of branded blankets. Compared to the room heater, the electric blanket is the most economical option. Because electrical blankets help people with pain-related conditions like rhinitis, fibromyalgia, arthritis, and muscular difficulties brought on by cold temperatures, their demand has skyrocketed. Because they provide customers with heating benefits, their adoption is boosted during the winter months. Older adults are more vulnerable to weather variations, such as intense heat or cold, which can lead to a number of health issues. Additionally, its use is growing in the commercial and residential sectors, including tourism, hospitality, military and defense, and charity.
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Electric Blankets Market Regional Insights
The market for electric beds is dominated by North America because of the rising incomes and living standards of Americans. Due to exposure to low temperatures, the residents of this area suffer from a number of health problems, including physical aches and frostbite. Additionally, the demand for electric blankets is rising as more Americans become aware of their advantages. In North America, the use of cutting-edge technology is growing. Due to the large number of tourists visiting this area, luxury hotels in America are furnished with electric blankets.
Electric Blankets Market Segmentation:
By Product Type
Over Blankets
Under Blankets
Electric Pads
By End-Users
Residential
Commercial
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Electric Blankets Market Key Players:
Chengdu Rainbow Appliance (China)
Sunbeam Products (US)
Caiyang (Malta)
Shanghai Xiaomianyang Electric
Qingdao Qindao Electric (China)
MORITA
Sojoy
Beurer (Germany)
Tenacta Group
Glen Dimplex (Morphy Richards and Dimplex) (Europe)
Slumberdown (UK)
Bokuk Electronics (South Korea)
Silentnight
Biddeford Blankets (US)
Shijiazhuang Mengjie Industry (China)
Snugnights UK LLP (UK)
Medisana, and other major players.
Key questions answered in the Electric Blankets Market are:
- What is the Electric Blankets?
- What was the market size in 2023?
- What is the growth rate of the Market?
- Which are the factors expected to drive the market growth?
- What is the CAGR at which the market will grow during the forecast period?
- What are the different segments of the Market?
- Which is the fastest growing region in the market?
- What growth strategies are the players considering to increase their presence in Electric Blankets s?
- What are the upcoming opportunities and trends for the Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Market?
- Who are the leading companies and what are their portfolios in the Market?
- What segments are covered in the Market?
- Who are the key players in the market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- 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
- Recommendations
Market Analysis:
- Market overview
- Market Opportunities
- Market Risk
- Market Driving Force
- Porter\’s Five Forces Analysis
- SWOT Analysis
Upstream Analysis
- Macro Analysis of Upstream Markets
- Key Players in Upstream Markets
- Upstream Market Trend Analysis
Downstream Market Analysis
- Macro Analysis of Down Markets
- Key Players in Down Markets
- Downstream Market Trend Analysis
- Sales Channel, Distributors, Traders and Dealers
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