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 purpose of this study is to provide an in-depth analysis of the Electric Blankets Market by component, application, industry, and geography. The study provides detailed information on the major factors influencing the growth of the Electric Blankets industry. The study also provides a thorough examination of the market's value chain.

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Electric Blankets Market Scope:

The research method used to assess and forecast the Electric Blankets market begins with gathering revenue data from key suppliers using secondary research sources. When defining market segmentation, vendor offerings are also considered. Using the bottom-up method, the income of major corporations was utilized to assess the total size of the Electric Blankets market.

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

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Electric Blankets Market Regional Analysis:

Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.

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COVID-19 Impact Analysis on Electric Blankets Market: The report also includes the detailed impact of COVID-19 on the Electric Blankets market.

Key Questions Answered in the Electric Blankets Market Report are:

• Which segment had the largest share in the Electric Blankets market?
• How is the competitive scenario of the Electric Blankets market in 2020?
• 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 (2021-2027)?

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