According to IMARC Group’s latest report, titled “Electric Blankets Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global electric blankets market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global market to grow at a CAGR of around 7% during 2021-2026.
An electric blanket is a bed covering made using wool, cotton, polyester, or acrylic materials. It is integrated with a wiring system that offers heat and warmth through the coil wires. It comprises a control unit, which enables the user to alter the amount of heat generated. Moreover, it is plugged into an electrical outlet and utilized for pre-heating the bed or keeping the user warm.
At present, there is a rise in the demand for comfortable and luxurious bedding items on account of rapid urbanization and inflating income levels. This, along with the growing geriatric population, which is relatively more sensitive to harsh weather, represents one of the significant factors fueling the growth of the electric blanket market. Apart from this, the leading players are introducing lightweight, battery-powered, mobile chargeable, and water- and stain-resistant product variants. These players are also launching variants using microfiber fleece to offer additional insulation and warmth retention, which is projected to drive the market.
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Electric Blanket Market 2021-2026 Competitive Analysis and Segmentation:
The competitive landscape of the electric blanket market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
The report has segmented the global electric blanket market on the basis of type, size, material, distribution channel, end user and region.
Breakup by Type:
Breakup by Size:
Breakup by Material:
Breakup by Distribution Channel:
Breakup by End User:
Breakup by Region:
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Key highlights of the report:
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