Market Overview:
The global electric blankets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric blankets from commercial and home users across the globe. Electric blankets are used as a source of heat, which helps in providing comfort and relaxation. They are also used for therapeutic purposes, such as reducing stress and anxiety levels, improving sleep quality, and relieving pain symptoms.
Product Definition:
An electric blanket is a blanket with integrated heating wires that generate heat when powered. They are often used to keep people warm in bed, but can also be used on couches and other furniture. Electric blankets vary in terms of their thickness, the warmth they generate, and the way that heat is distributed. Some have multiple heating zones so that users can customize their level of warmth.
Underblankets:
Underblankets are used for providing thermal insulation to electric blankets, heating pads, and other home appliances. They are made from a variety of materials including polyester fiber, cotton fibers and Rayon. The most common types of underblankets available in the market include microfiber type 1 (MF1), polyester type 1 (PET1), polypropylene (PP) and low-density Polyethylene terephthalate (PBT).
Overblankets:
Overblankets are used in electric blankets to provide extra insulation and heat. They can be either portable or non-portable depending on the model. These products have gained popularity owing to their ability of retaining heat even after the power goes off, due to a chemical reaction between aluminum and polymer coating present inside it. It also helps in maintaining low temperatures, which is very convenient for people who like keeping warm during winters.
Application Insights:
The commercial application segment accounted for the largest share of exceeding 50.0% in 2017. The growth can be attributed to the increasing demand from hotels, hospitals and other such institutions at a global level. Electric blankets are used during cold weather to create a cozy and warm ambiance inside buildings or rooms, which is likely to propel product demand over the forecast period.
The home use segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to increased usage by individuals for sleeping comfort purposes on account of its ability provide heat therapy without generating noise or fumes as compared with gas-operated products currently available in the market place.
Regional Analysis:
North America dominated the global electric blankets market in 2017 owing to increased consumer spending on home improvement and renovation activities. The growing number of hotels and resorts is expected to further boost the regional product demand. Additionally, presence of key manufacturers in countries, such as Canada and the U.S., has led to an increase in product availability across this region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing awareness about health issues among consumers coupled with rising disposable income levels especially in developing countries like China and India will drive regional growth over next eight years. Moreover, rapid urbanization along with increasing population has resulted into a rise in residential construction activities which will fuel demand for these products further driving industry expansion opportunities for key players operating within Asia Pacific region including M/s Jabil Circuit Inc.; Hager Group; Shenzhen Energy Co., Ltd.; Shanghai Xuyang Electric Co., Ltd.
Growth Factors:
- Increasing demand for electric blankets from the hospitality sector as they offer comfort and warmth to guests
- Rising disposable income of consumers, which is encouraging them to invest in electric blankets
- Growing popularity of eco-friendly and energy-efficient products, such as electric blankets, among consumers
- Proliferation of online retail platforms that are offering a wide range of electric blankets at competitive prices
- Increasing awareness about the health benefits offered by using electric blankets, such as improved blood circulation and reduced stress levels
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Blankets Market Research Report
By Type
Underblankets, Overblankets
By Application
Commercial use, Home use
By Companies
Rainbow Group, Sunbeam, Caiyang, Shanghai Xiaomianyang Electric, Qingdao Qindao Electric, Perfect Fit Industries, LLC., Beurer, Tenacta Group S.p.A., Bokuk Electronics CO., Morphy Richards, Slumberdown, Biddeford
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Electric Blankets Market Report Segments:
The global Electric Blankets market is segmented on the basis of:
Types
Underblankets, Overblankets
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial use, Home use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Rainbow Group
- Sunbeam
- Caiyang
- Shanghai Xiaomianyang Electric
- Qingdao Qindao Electric
- Perfect Fit Industries, LLC.
- Beurer
- Tenacta Group S.p.A.
- Bokuk Electronics CO.
- Morphy Richards
- Slumberdown
- Biddeford
Highlights of The Electric Blankets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Underblankets
- Overblankets
- By Application:
- Commercial use
- Home use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Blankets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric blankets are a type of heating blanket that uses electricity to heat the blanket. They are often used in cold weather to keep people warm.
Some of the key players operating in the electric blankets market are Rainbow Group, Sunbeam, Caiyang, Shanghai Xiaomianyang Electric, Qingdao Qindao Electric, Perfect Fit Industries, LLC., Beurer, Tenacta Group S.p.A., Bokuk Electronics CO., Morphy Richards, Slumberdown, Biddeford.
The electric blankets market is expected to register a CAGR of 5.5%.
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 (000 Units) and Y-o-Y Growth
4.5.3. Electric Blankets Market Absolute $ Opportunity
5. Global Electric Blankets Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Blankets Market Size and Volume Forecast by Type
5.3.1. Underblankets
5.3.2. Overblankets
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Blankets Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Blankets Market Size and Volume Forecast by Application
6.3.1. Commercial use
6.3.2. Home use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Blankets Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Blankets Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Blankets Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Blankets Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Blankets Demand Share Forecast, 2019-2026
9. North America 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
9.2. North America Electric Blankets Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Blankets Market Size and Volume Forecast by Application
9.4.1. Commercial use
9.4.2. Home use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Blankets Market Size and Volume Forecast by Type
9.7.1. Underblankets
9.7.2. Overblankets
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Blankets Demand Share Forecast, 2019-2026
10. Latin America 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. Latin America Average Pricing Analysis
10.2. Latin America Electric Blankets Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Blankets Market Size and Volume Forecast by Application
10.4.1. Commercial use
10.4.2. Home use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Blankets Market Size and Volume Forecast by Type
10.7.1. Underblankets
10.7.2. Overblankets
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Blankets Demand Share Forecast, 2019-2026
11. Europe 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. Europe Average Pricing Analysis
11.2. Europe Electric Blankets Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Blankets Market Size and Volume Forecast by Application
11.4.1. Commercial use
11.4.2. Home use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Blankets Market Size and Volume Forecast by Type
11.7.1. Underblankets
11.7.2. Overblankets
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Blankets Demand Share, 2019-2026
12. Asia Pacific Electric Blankets Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Blankets Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Blankets Market Size and Volume Forecast by Application
12.4.1. Commercial use
12.4.2. Home use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Blankets Market Size and Volume Forecast by Type
12.7.1. Underblankets
12.7.2. Overblankets
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Blankets Demand Share, 2019-2026
13. Middle East & Africa Electric Blankets Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Blankets Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Blankets Market Size and Volume Forecast by Application
13.4.1. Commercial use
13.4.2. Home use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Blankets Market Size and Volume Forecast by Type
13.7.1. Underblankets
13.7.2. Overblankets
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Blankets Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Blankets Market: Market Share Analysis
14.2. Electric Blankets Distributors and Customers
14.3. Electric Blankets Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Rainbow Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sunbeam
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Caiyang
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shanghai Xiaomianyang Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Qingdao Qindao Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Perfect Fit Industries, LLC.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Beurer
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tenacta Group S.p.A.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bokuk Electronics CO.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Morphy Richards
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Slumberdown
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Biddeford
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook