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The global electric blankets market exhibited moderate growth during 2015-2020. Electric blankets are bed coverings that are provided with insulated wires sewn into fabric layers and a control unit that can adjust the amount of heat generated according to the temperature of the surroundings. These blankets are mostly manufactured using wool, cotton, polyester or acrylic materials with an internally integrated wiring system that provides heat and warmth through the coil wires. The blankets are plugged into an electrical outlet and are used for pre-heating the bed or keeping the user warm and are commonly available in over and under blanket variants. They also consist of a control unit that enables the user to adjust the heat produced by the device as per comfort. The material blend prevents potential fire hazards and aids in entrapping and maintaining warmth on the sheet for longer durations.
The increasing consumer preference for luxurious, comfortable and premium bedding items, along with rapid urbanization across the globe, represents one of the key factors driving the market growth. Furthermore, the rising geriatric population, which is more sensitive to harsh winter weather, is also driving the market growth. Apart from the elderly, electric blankets also provide relief to patients suffering from various pain-related ailments, such as arthritis, fibromyalgia, muscle pains and sinus. Additionally, various product innovations, such as the development of novel water- and stain-resistant, battery-powered, light-weight and mobile chargeable products, are acting as other growth-inducing factors. Product manufacturers are also creating variants using microfiber fleece to provide additional natural insulation and warmth retention. Other factors, including rising expenditure capacities of the consumers, along with extensive research and development (R&D) activities to develop novel senior care products, are anticipated to drive the market further. Looking forward, IMARC Group expects the global electric blankets market to grow at a CAGR of around 7% during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the global electric blankets market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, type, size, material, distribution channel and end user.
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The competitive landscape of the industry has also been examined along with the profiles of the key players being Argos Limited (J Sainsbury Plc), Beurer GmbH, Biddeford Blankets LLC (Microlife Corporation), CDB Goldair, Glen Dimplex Group, MAXSA Innovations LLC, Morphy Richards Limited, Shavel Associates Inc., Silentnight Group Ltd., Slumberdown Group Limited and Sunbeam Products Inc. (Newell Brands Inc).
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