Electric Blankets Market: Global Industry Analysis and Forecast 2024 – 2032

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Global Electric Blankets Market Overview
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.

An electrical heating appliance integrated with electrical heating wires is called an electric blanket. The customer can sleep comfortably and with suitable warmth thanks to this blanket. It boasts a variety of functions, including temperature adjustment and ease of handling. Electric blankets come in various varieties, including throws, duvets, underblankets, and overblankets. These blankets are positioned beneath the bottom bed linens and are referred to as electric mattress pads. The bed can be heated by the electrical blanket to keep the person warm and comfortable. Some electric blankets have low voltage, and the power used ranges from 15 to 115 watts. Thin carbon wires make up the low-voltage blankets. American inventor Samuel established the first electrical blankets.

 

Who are the key players operating in the industry?

·         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.

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Our thorough investigation procedure
Throughout the investigation, numerous primary and secondary sources have been studied. Websites for businesses, annual reports, white papers, and financial reports are examples of secondary sources. To obtain a real picture of the worldwide electric blanket market, more in-depth research has been conducted through interviews with a variety of industry observers and subject matter experts. In order to achieve nearly perfect accuracy and raise the study report's trustworthiness, the data gathered from many sources is revalidated using the triangulation approach. To extract both quantitative and qualitative information about the worldwide market for electric blankets, the final data is examined closely utilizing cutting-edge technologies.

 The market size numbers for electric blankets are different and calculated separately
Detailed Market Segmentation

By Product Type

·         Over Blankets

·         Under Blankets

·         Electric Pads

By End-Users

·         Residential

·         Commercial

By Region

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of SA)

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Several unique features of different electric blankets to fuel the growth of the global electric blanket market

A number of distinctive qualities of various electric blankets to support the expansion of the worldwide electric blanket market. An electric blanket helps keep the wearer warm and comfortable when the warmth produced by a home heating system is insufficient, and it also helps to reduce the overall cost of house heating. Among the many benefits of electric blankets is their lower energy usage. Electric blankets might raise the monthly electricity cost even though they don't use as much energy as a heater does. On the other hand, if the user sets the electric blanket lower than its maximum temperature, overall heating expenses might be reduced. Additionally, producers are keeping up the innovation process and developing new features like battery-powdered blankets with mobile charging plugs, waterproof blankets,

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Distinctiveness of our study methodology

We have included information on corporate players with distinctive selling propositions and a thorough competitive analysis to give a complete picture of the market. The dashboard offers a thorough analysis of makers of electric blankets based on criteria like operating margins, USPs, aggregate market share, and regional concentration. The study includes an analysis of the market attractiveness of different global electric blanket market categories.
The study provides a market definition by segment as well as an overview of the market over the assessment period. The magazine offers updates and insights related to the various segments of the worldwide electric blanket industry, with a focus on discovering opportunities in the market.

Report covered the major key points:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 7years, along with 5 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation caters to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

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