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Electric Blankets Market Share, Opportunities, Industry 2031

Electric Blankets Market

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Segments - by Distribution Channels (Offline and Online), End-users (Hotels, Hospitals, and Households), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021–2028

Report ID: CG-318
Author: Growth Market Reports

Rating: 4.1
Total Reviews: 65

No. Of Pages: 198
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Pub. Date: Upcoming
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Report Description

The global electric blankets market is estimated to expand at a CAGR of 6.9% during the forecast period, 2021 – 2028. The growth of the market is attributed to the increasing technological advancements in consumer convenient products across the globe.

Electric Blankets can be warmed before use. They are usually preferred in countries that have long and harsh winters. These blankets are less expensive than heaters. Washable and portable electric blankets are the latest developments of the market. Rising demand for convenient and warm sleeping experience in winters is expected to drive the market growth. Moreover, establishment of stain-resistant, water-proof, mobile chargeable, battery-powered, and light-weight products are expected to rise the product demand around the world.

Leading manufacturers are focusing on adopting latest technologies in electric blankets such as deploying well-insulated sheets lined with thick fleece to provide required warmth and natural insulation. Moreover, these products are washable and portable. For instance, Medisana HDW announced the launch of a blanket that is machine washable and is made out of microfiber fleece. It has been provided with four stages of heat settings for better heat control.

Market Trends, Drivers, Restraints, and Opportunities

Increasing demand for energy efficient products is driving the market growth.
Electric blankets are generally used in winters only. Thus, seasonality of electric blanket is expected to restrain the market growth.
Low-frequency electromagnetic fields produced by this device can be harmful to the fetus. Thus, the safety concerns regarding the blanket is a major factor impeding the market growth.
Growing awareness about the benefits of these products such as relief from muscle pain and sinus is driving the market growth.
Affordability, comfort, and convenience are the key factors spurring the growth of electronic blankets market.

Scope of the Report

The report on the global electric blankets market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Electric Blankets Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Distribution Channels (Offline and Online), End-users (Hotels, Hospitals, and Households)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered	Jarden Corporation, Shanghai Shenda Co. Ltd., Morphy Richards Ltd., Snugnights UK LLP, Beurer GmbH, Caiyang Slumberdown, Shijiazhuang Mengjie Industry Co. Ltd. Silentnight Group Ltd and Medisana HDW

Global Electric Blankets Market Segment Insights

Offline segment to account for a significant market share.

Based on distribution channels, the market is segmented into offline and online. The offline segment is expected to witness an impressive growth rate owing to the increasing product visibility and presence of the products in brick and mortar stores. Additionally, easy availability of these products is expected to fuel the segment growth. However, the online segment is anticipated to register a substantial CAGR owing to the growing inclination of consumers toward online shopping.

Household segment anticipated to account for a considerable market share.

On the basis of end users, the market is bifurcated into hotels, hospitals and households. In 2020, the households segment accounted for a key share of the market owing to increasing disposable income along with the rise in the home ownership across the globe. The introduction of technologically advanced convenient consumer products and improving lifestyle of people are expected to drive the segment growth during the forecast period. Moreover, inclining consumer preference of various age groups for the product owing to affordability, comfort, and benefits is driving the market segment growth.

North America anticipated to account for a large market share.

In terms of regions, the market is classified into Asia Pacific, North America, Latin America, Europe and Middle East & Africa. The market in North America is expected to register a CAGR of 7.3% owing to the consumer preference for heating devices that inculcates comfort during harsh winters. Growing demand for various flexible heating products is attributed to the weather conditions in the region.

The market in Asia pacific is estimated to witness a substantial growth rate owing to the increasing use and availability of electric blankets in emerging economies.

Segments

The global electric blankets market has been segmented on the basis of

Distribution Channels

Offline
Online

End users

Hotels
Hospitals
Households

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Jarden Corporation
Shanghai Shenda Co. Ltd.
Morphy Richards Ltd.
Snugnights UK LLP
Beurer GmbH
Caiyang Slumberdown
Shijiazhuang Mengjie Industry Co. Ltd.
Silentnight Group Ltd
Medisana HDW

Competitive Landscape

Some of the leading manufacturers in the global electric blankets market are Jarden Corporation, Shanghai Shenda Co. Ltd., Morphy Richards Ltd., Snugnights UK LLP, Beurer GmbH, Caiyang Slumberdown, Shijiazhuang Mengjie Industry Co. Ltd. Silentnight Group Ltd and Medisana HDW.

Manufacturers are focusing on development of safer and innovative heating products to serve the consumer needs. Increasing safety concerns has led to growing investment in R&D activities, which is expected to help the companies to expand their market share.

Global Electric Blankets Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Blankets Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Electric Blankets Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Electric Blankets Market - Supply Chain
  4.5. Global Electric Blankets Market Forecast
     4.5.1. Electric Blankets Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Electric Blankets Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Electric Blankets Market Absolute $ Opportunity
5. Global Electric Blankets Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Electric Blankets Market Size and Volume Forecast by End Users
     5.3.1. Hotels
     5.3.2. Hospitals
     5.3.3. Households
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Electric Blankets Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Electric Blankets Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Electric Blankets Demand Share Forecast, 2019-2026
7. North America Electric Blankets Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Electric Blankets Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Electric Blankets Market Size and Volume Forecast by End Users
     7.4.1. Hotels
     7.4.2. Hospitals
     7.4.3. Households
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Electric Blankets Demand Share Forecast, 2019-2026
8. Latin America Electric Blankets Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Electric Blankets Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Electric Blankets Market Size and Volume Forecast by End Users
     8.4.1. Hotels
     8.4.2. Hospitals
     8.4.3. Households
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Electric Blankets Demand Share Forecast, 2019-2026
9. Europe Electric Blankets Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Electric Blankets Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Electric Blankets Market Size and Volume Forecast by End Users
     9.4.1. Hotels
     9.4.2. Hospitals
     9.4.3. Households
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Electric Blankets Demand Share Forecast, 2019-2026
10. Asia Pacific Electric Blankets Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Electric Blankets Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Electric Blankets Market Size and Volume Forecast by End Users
     10.4.1. Hotels
     10.4.2. Hospitals
     10.4.3. Households
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Electric Blankets Demand Share Forecast, 2019-2026
11. Middle East & Africa Electric Blankets Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Electric Blankets Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Electric Blankets Market Size and Volume Forecast by End Users
     11.4.1. Hotels
     11.4.2. Hospitals
     11.4.3. Households
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Electric Blankets Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Electric Blankets Market: Market Share Analysis
  12.2. Electric Blankets Distributors and Customers
  12.3. Electric Blankets Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Jarden Corporation
     12.4.2. Shanghai Shenda Co. Ltd.
     12.4.3. Morphy Richards Ltd.
     12.4.4. Snugnights UK LLP
     12.4.5. Beurer GmbH
     12.4.6. Caiyang Slumberdown
     12.4.7. Shijiazhuang Mengjie Industry Co. Ltd.

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