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Electric Blankets Market: Global Opportunity Analysis and Industry Forecast, 2023-2029

The Global Electric Blankets Market size was valued at USD 1.01 billion in 2021 and is projected to reach USD 1.5 billion by 2028, growing at a CAGR of 5.9% from 2022 to 2028.

Electric Blankets Market

Electric Blankets Market report covers a detailed analysis of current and upcoming market trends, company market shares, market projections, competitive benchmarking, competition mapping, and in-depth research of the most significant sustainability strategies and their impact on industry growth and competition. The research was conducted using a combination of primary and secondary data, as well as input from leading industry players.

IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.

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The Major Players In The  Electric Blankets Market Include:

  • Chengdu Rainbow Appliance (China)
  • Sunbeam Products (US)
  • Caiyang (Malta)
  • Shanghai Xiaomianyang Electric
  • Qingdao Qindao Electric (China)
  • 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.

Market Has Segmented The Global Electric Blankets Market On The Basis Of Type, Application, And Region:

The Electric Blankets market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

By Product Type:

  • Over Blankets
  • Under Blankets
  • Electric Pads

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By End-Users

  • Residential
  • Commercial

By Regional Outlook

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
  • Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of South America)

COVID-19 Impact on the Electric Blankets Market:

COVID-19 began in Wuhan (China) in December 2019 and has since rapidly grown around the globe. In terms of confirmed cases and reported deaths, the US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are among the countries that have been most severely impacted. Because of the lockdowns, travel restrictions, and business closures, COVID-19 has had an impact on the businesses and industries of numerous nations. Owing to the shortage of raw material supply, and lack of manpower, the consumer goods industry faced unprecedented challenges. The electric blanket market was hugely impacted by the covid-19.  Electric blankets are mostly designed from polyester microfiber or fleece materials. During the pandemic disruption of the supply chain of the raw material shut down the manufacturing unit and the research & development of the electric blanket. Thus, COVID-19 has negatively impacted the electric blanket market.

 Report includes Competitor’s Landscape:

  • Major trends and growth projections by region and country
  • Key winning strategies followed by the competitors
  • Who are the key competitors in this industry?
  • What shall be the potential of this industry over the forecast tenure?
  • What are the factors propelling the demand for the Action Figures And Statues?
  • What are the opportunities that shall aid in significant proliferation of the market growth?
  • What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures And Statues?
  • How has the covid-19 impacted the growth of the market?
  • Has the supply chain disruption caused changes in the entire value chain?

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