The Global Blanket Market is expected to rise at annual rate 4.1% in the forecast period of 2021 to 2028 due to the rise in the preference for wool blankets across the globe.
On the other hand, high cost associated with electric blanket is expected to obstruct the market growth in the above mentioned forecast period. High cost associated with the electric blanket is projected to challenge the blanket market.
According to Data Bridge Market Research the markets for the blanket market is escalating due to the rise in the demand for various type of blankets across the globe such as cotton, wool, polyester, and others, and increase in the penetration of electric blankets in many emerging countries. Additionally, rise in the popularity of various types, patterns, colors, and brands of blankets, and adoption of various blankets in hospitals and hotels positively affect the blanket market.
Furthermore, rise in the research and development activities extends profitable opportunities to the market players.
Now the question is which are the other regions that blanket market is targeting? Data Bridge Market Research has estimated East Asia is expected to witness significant growth in the forecast period of 2021 to 2028 owning to the rise in the adoption of various blankets in hospitals and hotels and penetration of electric blankets in this region.
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The blanket market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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Key Market Competitors Covered in the report
Above are the key players covered in the report, to know about more and exhaustive list of blanket companies contact us, https://www.databridgemarketresearch.com/toc/?dbmr=global-blanket-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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