Global Electric Blankets Market is Expected to Grow at a CAGR of 7.0% During the Anticipated Period of 2020 to 2027

The Global Electric Blankets Market is expected to reach USD 1,407.15 million by 2027 and will grow at a compound annual growth rate of 7.0% in the forecast period of 2020 to 2027. The rapid increase in the technical advancement in consumer convenience products and devices is a significant factor driving the market growth rate.

Likewise, the high investment for the development of advanced type of blanket such as battery powered, water proof blanket, light weight, durable among others will produce lucrative opportunities for the growth of the electric blankets market.

Electric Blankets Market Scenario

According to Data Bridge Market Research the market for electric blankets is expected to gain growth because of the reduction in the energy consumption. Also the rise in the demand of electric blanket to keep the wearer warm is also expected to fuel the demand of the electric blankets market over the forecast period of 2020 to 2027. Whereas, the seasonality of these electric blankets is expected to hinder the growth of the electric blankets market in the aforementioned forecast period.

Now the question is which are the other regions that electric blankets market is targeting? Data Bridge Market Research has estimated large growth in Europe due to rapid increase in the demand of heating product.

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Electric Blankets Market Scope    

Electric blankets market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

  • All country based analysis of electric blankets market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the electric blankets market is segmented into over blankets, under blankets and electric pads. The end-user segment for the electric blankets market includes hotel, hospital and household. Based on distribution channel, the electric blankets market is segmented into offline and online
  • An electric blanket is a kind of blanket which consists of integrated electrical heating wires that control the amount of heat that blanket will generate. It is used to pre-heat the bed or to keep the person warm while one stays on bed. Electric blankets are available in different types such as under blankets, over blankets and electric pods.

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Key Pointers Covered in the Electric Blankets Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Cost of Care Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • Beurer GmbH
  • Morphy Richards Ltd
  • Biddeford
  • Slumberdown
  • Silentnight Group Limited
  • CDB Goldair
  • Glen Dimplex
  • MAXSA Innovations
  • Argos Limited
  • Lakeland
  • Sunbeam Products, Inc
  • Odessey Products
  • Krien Health Care

Above are the key players covered in the report, to know about more and exhaustive list of electric blankets companies’ contact us

Research Methodology of Global Electric Blankets Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted 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, Top to Bottom Analysis 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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