[Latest] Global Electrics Blankets Market Size/Share Worth

Sandy, Utah, USA, Oct. 23, 2022 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Electric Blanket Market Size, Trends and Insights By Distribution Channel (Offline Sales, Online Sales), By End-user (Hotels, Hospitals, Households), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” in its research database.

“According to the latest research study, the demand for global Electrics Blanket Market size & share was valued at approximately USD 835.14 Million in 2021 and is expected to reach a value of around USD 1680 Million by 2030, at a compound annual growth rate (CAGR) of about 8.4% during the forecast period 2022 to 2030.”

The report further provides an overview of drivers, restraints, and opportunities in the Electric Blankets market. Moreover, the report examines the global competitive analysis of the Electric Blankets market.

Click Here to Access a Free Sample Report of the Global Electrics Blankets Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=18577

The key purpose of the Global Electric Blankets Market report is to deliver industry investors, company leaders, private equity companies, and stakeholders comprehensive information facilitating them to make informed strategic decisions concerning the changes in the Electric Blankets market throughout the world.

Electric Blankets Market: Overview

Electric blankets are useful and relatively less expensive than heaters in nations with prolonged and severe winters. To give plenty of natural insulation and warmth, businesses have been concentrating on manufacturing well-insulated sheets lined with thick fleece. They are also introducing portable and washable items. For instance, a blanket composed of microfibre fleece created by Medisana HDW is machine washable. For improved control, it has four degrees of heat settings. Imetec 16175 and Klarstein Dr. Watson XL are the other items in this category.

(A free sample of the Electrics Blankets report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:

Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
About 220+ Pages Research Report (Including Recent Research)
Provide detailed chapter-by-chapter guidance on the Request
Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
Includes Tables and figures have been updated
The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
Custom Market Insights (CMI) research methodology

(Please note that the sample of the Electrics Blankets report has been modified to include the COVID-19 impact study prior to delivery.)

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Growth Factors

One of the main aspects influencing the market growth is the growing consumer taste for opulent, cosy, and premium bedding items, which, combined with increased urbanization throughout the world, represents one of the primary market growth drivers. Additionally, the ageing population, which is more susceptible to the harsh winter cold, is a major factor in the market’s expansion. Electric blankets not only help the elderly but also for people with different pain-related conditions like sinus, fibromyalgia, arthritis, and muscle problems. Other growth-promoting elements include a variety of product advancements, such as the creation of revolutionary battery-powered, lightweight, mobile charging, water- and stain-resistant items. Microfiber fleece is also being used in product variations by producers to add more natural insulation and warmth retention.

Segmental Overview

The market for Electric Blankets is segmented into distribution channels and end-user. In 2021, households accounted for the greatest share of end users (more than 40%). The market’s growth has been aided by rising consumer disposable income and home ownership in various developing nations. Over the next several years, it’s anticipated that rising standards of living, particularly in China, and the release of simple consumer technology items would increase the use of electric blankets. Demand for products has been driven by affordability, comfort, and advantages across various consumer age groups, particularly among people with conditions like fibromyalgia, muscle pains, arthritis, nasal issues, and painful menstruation.

Key questions answered in this report:

What is the size of the Electrics Blankets market and what is its expected growth rate?
What are the primary driving factors that push the Electrics Blankets market forward?
What are the Electrics Blankets Industry's top companies?
What are the different categories that the Electrics Blankets Market caters to?
What will be the fastest-growing segment or region?
In the value chain, what role do essential players play?
What is the procedure for getting a free copy of the Electrics Blankets market sample report and company profiles?

Click Here to Access a Free Sample Report of the Global Electrics Blankets Market @ https://www.custommarketinsights.com/report/electric-blankets-market/

Key Offerings:

Market Share, Size & Forecast by Revenue | 2022−2030
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Regional Overview

The North American region is expected to witness tremendous growth from 2022 to 2030. Rising living standards and income levels in North America are major factors driving the electric blanket market. As a result, people are becoming more interested in pricey bedding products like electric blankets.

The rise has aided the market expansion in demand for electric blankets to support people with pain-related conditions during the colder months. A built-in circuit in an electric blanket provides sufficient warmth. It also gives the consumer fantastic comfort by promoting restful sleep and elevating mood. Electric blankets are a popular choice among consumers because of their various advantages, including adjustable temperatures and simplicity of use. For instance, in July 2021, Beraraby unveiled Travel Napper, a portable blanket perfect for trains, planes, and other public transit.

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Report Scope

Feature of the Report	Details
Market Size in 2021	USD 835.14 Million
Projected Market Size in 2030	USD 1680 Million
CAGR Growth Rate	8.4% CAGR
Base Year	2021
Forecast Period	2022-2030
Prominent Players	Jarden Corporation, Caiyang, Morphy Richards Ltd., Shanghai Shenda Co. Ltd., Snugnights UK LLP, Beurer GmbH, Shijiazhuang Mengjie Industry Co. Ltd., Slumberdown, Silentnight Group Ltd., and Others
Key Segment	By Distribution Channel, End-user , and Region
Report Coverage	Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope	North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options	Request tailored purchasing options to fulfil your requirements for research.

Key Players Insights

Jarden Corporation, Morphy Richards Ltd., Shanghai Shenda Co. Ltd., Snugnights UK LLP, Caiyang, Beurer GmbH, Slumberdown, Shijiazhuang Mengjie Industry Co. Ltd., as well as Silentnight Group Ltd. are a few of the prominent competitors in the international market. Consumer demands are forcing manufacturers of these items to concentrate more on developing safer, more advanced heating devices. A noticeable trend in the market is an increase in expenditure on research and studies to solve these issues.

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Some of the prominent players

Jarden Corporation
Caiyang
Morphy Richards Ltd.
Shanghai Shenda Co. Ltd.
Snugnights UK LLP
Beurer GmbH
Shijiazhuang Mengjie Industry Co. Ltd.
Slumberdown
Silentnight Group Ltd.

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The global Electric Blankets market is segmented as follows:

By Distribution Channel

Offline Sales
Online Sales

By End-user

Hotels
Hospitals
Households

On the basis of Geography

North America

The U.S.
Canada
Mexico

Europe

France
The UK
Spain
Germany
Italy
Rest of Europe

Asia Pacific

China
Japan
India
Australia
South Korea
Rest of Asia Pacific

The Middle East & Africa

Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa

Latin America

Brazil
Argentina
Rest of Latin America

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Key Insights:

As per the analysis shared by our research analyst, the Electric Blankets market is estimated to grow annually at a CAGR of around 8.4% over the forecast period (2022-2030).
In terms of revenue, the Electric Blankets market size was valued at around USD 835.14 million in 2021 and is projected to reach USD 1680 million by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
Based on distribution channel segmentation, the offline sales segment was predicted to hold the maximum market share in 2021.
Based on end-user segmentation, the households segment was the leading revenue-generating category in 2021.
Based on geography/region, the Asia Pacific region was the leading revenue generator in 2021.

Recent Development

September 2022: The top Chinese producer of electrical heating goods, Rainbow Appliance Group, reported that export orders for electric blankets had increased significantly since May, which caused the stock price to soar.
July 2022: The Brookstone home category will be expanded by CHF Industries, a recognized leader in the design, production, and distribution of consumer home goods and textiles. Brookstone-branded heated blankets and heated throws, bedding, air mattresses and air beds, robes, towels, and other home goods will be developed.

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This Electrics Blankets Market Research/Analysis Report Contains Answers to the following Questions.

Which Manufacturing Technology is used for Electrics Blankets? What Developments Are Going on in That Technology? Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Electrics Blankets Market? What are Their Company Profile, Their Product Information, and Contact Information?
What Was the Global Market Status of the Electrics Blankets Market? What Was the Capacity, Production Value, Cost and PROFIT of the Electrics Blankets Market?
What Is the Current Market Status of the Electrics Blankets Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Electrics Blankets Market by Taking Applications and Types in Consideration?
What Are Projections of the Global Electrics Blankets Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
What Is Electrics Blankets Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is Economic Impact on Electrics Blankets Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
What Is the Market Dynamics of the Electrics Blankets Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Electrics Blankets Industry?

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Reasons to Purchase Electrics Blankets Market Report

Electrics Blankets Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
Electrics Blankets Market report outlines market value (USD) data for each segment and sub-segment.
This report indicates the region and segment expected to witness the fastest growth and dominate the market.
Electrics Blankets Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
Electrics Blankets Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

Click Here to Access a Free Sample Report of the Global Electrics Blankets Market @ https://www.custommarketinsights.com/report/electric-wheelchair-market/

Reasons for the Research Report

The study provides a thorough overview of the global Electrics Blankets market. Compare your performance to that of the market as a whole.

Aim to maintain competitiveness while innovations from established key players fuel market growth.

What does the report include?

Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Electrics Blankets market analysis.

The competitive environment of current and potential participants in the Electrics Blankets market is covered in the report, as well as those companies' strategic product development ambitions.

According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

For each segment mentioned above, actual market sizes and forecasts have been given.

Directly Purchase a copy of the Electrics Blankets Market report [220+ Pages] @ https://www.custommarketinsights.com/report/electric-wheelchair-market/

Who should buy this report?

Participants and stakeholders worldwide Electrics Blankets market should find this report useful. The research will be useful to all market participants in the Electrics Blankets industry.

Managers in the Electrics Blankets sector are interested in publishing up-to-date and projected data about the worldwide Electrics Blankets market.

Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Electrics Blankets products' market trends.
Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.

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