Global Electric Blankets Market Size & Share Surpass US$ 1.5 Bn At 5.9% CAGR By 2028, Forecast & Analysis Report By IMR

Market Overview:

The Global Electric Blankets Market size was valued at USD 1.01 billion in 2021 and is projected to reach USD 1.5 billion by 2028, growing at a CAGR of 5.9% from 2022 to 2028.

Electric blankets are covers for beds that have insulated wires sewed into layers of cloth and a control device that can change the amount of heat produced based on the temperature outside. These blankets are often made of wool, cotton, polyester, or acrylic and have an internal wiring system that distributes heat and warmth via coil wires. The blankets, which are frequently available in over and under blanket varieties, are plugged into an electrical outlet and used to pre-heat the bed or keep the user warm. The material combination reduces the risk of potential fire dangers and helps to trap and sustain warmth on the sheet for extended periods of time.

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Market Dynamics:

Driver:
In countries with lengthy and severe winters, electric blankets can be quite helpful and are less expensive than heaters. Businesses have concentrated on making thick fleece-covered, well-insulated sheets that offer a lot of natural insulation and warmth. Additionally, they offer washable and portable goods. For instance, a microfibre fleece Medisana HDW blanket can be machine washed. For greater control, it has four heat settings. Two further items in this category are the Imetec 16175 and the Klarstein Dr. Watson XL.

Opportunities:
During the forecast period, the leading key players are concentrating on adding cutting-edge features to electric blankets, creating a lucrative opportunity for the market. Manufacturer creating thick, well-insulated sheets with fleece covers that provide a lot of natural warmth and insulation. Features like dual heating zones, quick heating, simplicity of use, and timer give the market chance. Additionally, the market for novel blankets is expanding. For instance, the 4D Dynamic Warmth Flow (4D DWF) system is a cutting-edge component of Wellcare's electric underblankets.

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Segmentation Analysis Of Electric Blankets Market

By Product Type, the underblanket is estimated to have the largest market share in the electric blanket during the forecast period. It is kept below the bottom bed sheet and above the mattress. It is the most popular type in the UK and less common in the United State and Canada.

By End-Users, the commercial segment is projected to have maximum market growth in the electric blanket during the forecast year. An electric blanket has high demand in hotels and hospitals. Most hotels use electric blankets to provide excellent service for tourism.

By Product Type
• Over Blankets
• Under Blankets
• Electric Pads

By End-Users
• Residential
• Commercial

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Regional Analysis Of Electric Blankets Market
North America is the dominating region in the electric bed market owing to the growing living standards and income levels of the American people. The people in this region are subjected to various health issues such as body pains, frostbite, and others due to exposure to low temperatures. Also, Americans are more aware of the benefits of electric blankets which increases the demand for electric blankets. The adoption of advanced technology is increased in North America. Luxury hotels in America are equipped with electric blankets because a high number of tourists come to this region.

By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)

Top Key Players Covered In Electric Blankets Market
• Chengdu Rainbow Appliance (China)
• Sunbeam Products (US)
• Caiyang (Malta)
• Shanghai Xiaomianyang Electric
• Qingdao Qindao Electric (China)
• MORITA
• Sojoy
• Beurer (Germany)
• Tenacta Group
• Glen Dimplex (Morphy Richards and Dimplex) (Europe)
• Slumberdown (UK)
• Bokuk Electronics (South Korea)
• Silentnight

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