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According to our LPI (LP Information) latest study, the global Electric Blankets market size was valued at US$ 1275.9 million in 2023. With growing demand in downstream market, the Electric Blankets is forecast to a readjusted size of US$ 1420.6 million by 2030 with a CAGR of 1.5% during review period.
The research report highlights the growth potential of the global Electric Blankets market. Electric Blankets are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Electric Blankets. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Electric Blankets market.
An electric blanket has an electrical heating device built in that is meant to be placed above the bed sheet. In Commonwealth countries, however, it refers to an electric mattress pad that is kept below the bottom bed sheet. They comprise a control unit that allows the user to adjust the heat produced by the device. Larger size beds may even have two separate control units for both sides of the bed. An electric blanket can be useful to heat the bed to a certain level before sleeping to keep the occupant cosy and warm. Typical low voltage electric blankets work on 12-24 volts and are made of thin carbon fibre wires. The electric blanket was invented more than a century ago by American inventor Samuel Russell, while the first recorded sale in the electric blanket market was by the Samson United Corporation in 1930. An electric blanket uses heating elements or insulated wires that are put into a fabric that heats up when connected to an electrical socket. The temperature control unit, located between the electrical point and blanket, controls the current that enters the heating elements of the blanket. Modern devices use carbon fibre wires to provide heat for the user's comfort. These wires are much less conspicuous and bulky than the ones used in the past. Today, there are a lot of variations available in the electric blanket market like under blankets, over-blankets, throws and duvets. What is common is the wiring that heats up when connected to the electric point. Buyers are truly spoilt for choice now as they can select blankets with dual controls, those that remain on throughout the night, and those that are machine washable or even those that regulate themselves according to the user's body temperature.
Global key players of electric blankets include Rainbow Group, Beurer, Caiyang, Sunbeam Products, Shanghai Xiaomianyang Electric, etc. The top five players hold a share about 22%. Asia-Pacific is the largest market, has a share about 63%, followed by North America and Europe, with share 19% and 16%, separately.
Key Features:
The report on Electric Blankets market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Electric Blankets market. It may include historical data, market Segmentation by Type (e.g., Underblankets, Overblankets), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Electric Blankets market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Electric Blankets market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Electric Blankets industry. This include advancements in Electric Blankets technology, Electric Blankets new entrants, Electric Blankets new investment, and other innovations that are shaping the future of Electric Blankets.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Electric Blankets market. It includes factors influencing customer ' purchasing decisions, preferences for Electric Blankets product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Electric Blankets market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Electric Blankets market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Electric Blankets market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Electric Blankets industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Electric Blankets market.
Market Segmentation:
Electric Blankets market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
- Underblankets
- Overblankets
Segmentation by application
- Commercial Use
- Home Use
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Rainbow Group
- Beurer
- Caiyang
- Sunbeam Products
- Shanghai Xiaomianyang Electric
- Qingdao Qindao Electric
- Tenacta Group
- KODEN
- BeiJiRen Electric Appliance
- Sshine Electric Appliance
- Bokuk
- Slumberdown
- Morphy Richards
- Biddeford
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Blankets market?
What factors are driving Electric Blankets market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Blankets market opportunities vary by end market size?
How does Electric Blankets break out type, application?