Global Electric Blankets Market Growth 2023-2029

Global Electric Blankets Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Electric Blankets Industry Forecast” looks at past sales and reviews total world Electric Blankets sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Blankets sales for 2023 through 2029. With Electric Blankets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Blankets industry.

This Insight Report provides a comprehensive analysis of the global Electric Blankets landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Blankets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Blankets market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Blankets and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Blankets.

The global Electric Blankets market size is projected to grow from US$ 1000.3 million in 2022 to US$ 1230.9 million in 2029; it is expected to grow at a CAGR of 1230.9 from 2023 to 2029.

The Underblankets segment held a significant share of the of the Electric Blankets market. In 2019, it accounted for a share of 74.61% in the global revenue share.

Based on application, the Home Use blankets held an important share, accounting for 86.84% of total sales volume.

China is the largest consumption market of Electric Blankets in 2019, which accounted for 45.65% of total sales volume.

Rainbow Group, Sunbeam Products and Caiyang ranked Top 3 of the revenue share in global market in 2019.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Blankets market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Underblankets

Overblankets

Segmentation by application

Commercial

Home

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

Sunbeam Products, Inc

Caiyang

Shanghai Xiaomianyang Electric

Qingdao Qindao Electric

Perfect Fit Industries, LLC.

Beurer

Tenacta Group S.p.A.

Sojoy

Bokuk Electronics CO.

Morphy Richards

Slumberdown

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?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.