Electric Blankets Market was valued at USD 424.96 Million in 2022, and it is expected to reach USD 667.80 Million by 2029, exhibiting a CAGR of 6.67 % during the forecast period (2023-2029)
Electric Blankets Market Overview:
The Electric Blankets Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Electric Blankets Market, as well as the causes for variances in the industry’s growth in various places.
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Electric Blankets Market Scope:
To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.
Electric Blankets Market Drivers:
Unique Features of Different Electric Blankets: When the warmth supplied by a home heating system is insufficient, an electric blanket keeps the user warm and comforting while lowering total house heating expenditures. Electric blankets provide a variety of benefits in addition to lowering energy use. Manufacturers are also pursuing innovative features such as waterproof blankets, battery-powered blankets with mobile charging outlets, lightweight, durable, machine washable, and water resistant blankets. Other advantages, such as machine washable and stain resistant electric blankets, make its use more sanitary and user-friendly. Such characteristics entice a big number of individuals.
Customers over the age of sixty are especially vulnerable to harsh and unpleasant weather, therefore they are experimenting with electric blankets. Electric blankets are proven to be a successful means of caring for elderly people as technology helps to transform senior care. Electric blankets provide various advantages over traditional heating appliances for senior consumers, including the avoidance of a highly hot and stuffy environment generated by the use of a room heater.
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Electric Blankets Market Segmentation:
by Product Type
Over Blankets
Under Blankets
Electric Pads
by Distribution Channel
Offline
Online
by End User
Hotels
Hospitals
Households
Electric Blankets Market Key Players: The key players are
1. Argos
2. Lakeland
3. Dreamland
4.Morphy Richards
5. Beurer
6. Silentnight
7. Slumberdown
8. Sunbeam
9. Lakeland
10. Sleepwell
11. Biddeford Blankets
12. Rainbow Group
13. Caiyang
14. Shanghai Xiaomianyang Electric
15. Qingdao Qindao Electric
16. Perfect Fit Industries, LLC.
17. Tenacta Group S.p.A.
18. Bokuk Electronics CO.
19. Morphy Richards
20. CDB Goldair
21. Glen Dimplex
22. MAXSA Innovations
23. Odessey Products
24. Krien Health Care
Regional Analysis:
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Electric Blankets market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
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Key Questions Answered in the Electric Blankets Market Report are:
- Which sub-segment had the largest share in the Electric Blankets market?
- How is the competitive landscape of the Electric Blankets market in 2023?
- Which are the key drivers impacting the Electric Blankets market growth?
- Which region holds the maximum share in the Electric Blankets market?
- What will be the CAGR of the Electric Blankets market during the forecast period (2023-2029)?
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