Wilmington, Delaware, Oct. 31, 2023 (GLOBE NEWSWIRE) --
Global Weighted Blanket Market value is estimated US$ 367.6 million in 2023 and is expected to grow at a significant CAGR of over 13.8% over the forecast period of 2023-2030, according to the latest market report by RationalStat
Market Definition, Market Scope, and Report Overview
The global weighted blanket market is expected to grow at a robust rate during the forecast period of 2023-2030. Weighted blankets are becoming increasingly popular as people become more aware of their potential benefits. Weighted blankets have been shown to reduce anxiety and stress, improve sleep quality, and promote relaxation. Weighted blankets are often made from natural and sustainable materials, such as organic cotton and bamboo. This is appealing to consumers who are looking for products that are good for the environment and their health.
Moreover, weighted blankets are now more widely available than ever before. They can be purchased online, from retailers, and from specialty bedding stores. This makes it easier for consumers to find and purchase weighted blankets. A number of celebrities and social media influencers have spoken about the benefits of using weighted blankets. This has helped to increase awareness of weighted blankets and has made them more popular among consumers.
- According to a deep-dive market assessment by RationalStat, the global weighted blanket has been analyzed on the basis of market segments, including type, crop type, application and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the global weighted blanket covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the global weighted blanket. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Weighted Blanket Market: Segmental and Market Share Analysis
- On the basis of medical condition, the Sleep Disorders/Insomnia segment is dominating the global weighted blanket market. Weighted blankets have been shown to be effective in improving sleep quality and reducing anxiety and stress. This is making them increasingly popular among people with sleep disorders, such as insomnia and restless leg syndrome.
Report Synopsis
Report Metrics | Details |
Base Year | 2023 |
Forecast Period | 2023-2030 |
Base Year Market Size | US$ 367.6 million |
Market Size Forecast | US$ 908 million |
Growth Rate | 13.8% |
Key Market Drivers |
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Dominating Region |
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Dominating Segment |
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Companies Profiled |
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Competition Analysis and Market Structure
These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global weighted blanket include,
- In July 2023, Cedar Brands, a modern consumer company, acquired Nuzzie, the leading name in weighted blankets. The goal for Cedar Brands is to acquire and scale the next generation of consumer brands that have the potential to forge deep, lasting connections with their customers.
- In August 2022, Win Brands Group, an omnichannel retail platform that buys and builds category-defining brands, announced its brand Gravity's acquisition of MiHIGH, a pioneer in the infrared sauna blanket space that has grown 29% YoY to date.
Some of the prominent players and suppliers operating and contributing significantly to the global weighted blanket growth include Baloo Living, Bearaby ha, BlanQuil, Brooklyn Bedding, Cariloha, Casper, Chengdu Yixi Textile Co., Ltd, Gravity Blankets, Helix Sleep, and Purple Innovation, LLC, among others.
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RationalStat has segmented the global weighted blanket market based on weight, medical condition, distribution channel, and region
- Global Weighted Blanket Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Weight
- Less than 15 lbs
- 15 lbs to 20 lbs
- More than 20 lbs
- Sleep Disorders/ Insomnia
- ADD and ADHD
- Stress, Anxiety & Panic Attacks
- Restless Leg Syndrome (RLS)
- Asperger Syndrome and Autism
- Others
- Global Weighted Blanket Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Distribution Channel
- Online
- Offline
- Global Weighted Blanket Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
- North America Weighted Blanket Market
- US
- Canada
- Latin America Weighted Blanket Market
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Weighted Blanket Market
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Weighted Blanket Market
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Weighted Blanket Market
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Weighted Blanket Market
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Weighted Blanket Market
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Key Questions Answered in the Weighted Blanket Report:
- What will be the market value of the global weighted blanket by 2030?
- What is the market size of the global weighted blanket?
- What are the market drivers of the global weighted blanket?
- What are the key trends in the global weighted blanket?
- Which is the leading region in the global weighted blanket?
- What are the major companies operating in the global weighted blanket?
- What are the market shares by key segments in the global weighted blanket?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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About RationalStat LLC
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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