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 global Electric Blankets Market Research Report 2022-2029 by Maximize Market Research is a customized and in-depth analysis of the Electric Blankets industry, with a focus on the global market trend in the same forecast period.
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Electric Blankets Market Scope:
The worldwide “Electric Blankets Market” study looks at important industry factors including progress, segmentation, growth prospects, opportunities, challenges, and competitive analysis. The segmentation analysis focuses on revenue and forecast by region, kind, and application for the period 2021-2027. This study investigates the market size, development status, and forecast, as well as a company profile. It also provides information on the competitive climate as well as data from the most important firms.
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.
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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:
The research report is organised into sections based on area, manufacturer, type, and application. Each category provides output estimates for the years 2021 through 2027. Consumption by Application is also supplied for the forecasted period of 2021 to 2027. Understanding the categories helps determine the importance of numerous components that contribute to market growth.
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COVID-19 Impact Analysis on Electric Blankets Market:
The research provides light on COVID-19 by considering changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, the dynamics of current market forces, and substantial government initiatives into account. Based on the market effect of COVID-19, the revised study provides insights, analysis, projections, and predictions.
Key Questions Answered in the Electric Blankets Market Report are:
- Which segment grabbed the largest share in the Electric Blankets market in 2020?
- How is the competitive landscape of the Electric Blankets market?
- Which are the key factors aiding the Electric Blankets market growth in the forecast period (2021-2027)?
- Which region held the maximum share in the Electric Blankets market in 2020?
- What will be the CAGR of the Electric Blankets market during the forecast period (2021-2027)?
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