Electric Blankets Market Scope And Analysis

Report Code : TIPRE00028383
Category : Consumer Goods

Status : Published
No. of Pages : 145

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Electric Blankets Market Analysis, Size, and Growth (2022-2028)

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Electric Blankets Market Report Scope

Report Attribute	Details
Market size in 2021	US$ 812.94 Million
Market Size by 2028	US$ 1,294.62 Million
Global CAGR (2021 - 2028)	6.9%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Size Single Double By Type Electric Under Blankets and Electric Over Blankets By Distribution Channel Supermarkets and Hypermarkets Specialty Stores Online Retail
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Beurer GmbH Morphy Richards Biddeford Blankets LLC Slumberdown Company Silentnight Group Limited Glen Dimplex Sunbeam Products Inc Bedshe International Co LTD Shavel Associates Inc

Covid-19 Impact:

The COVID-19 pandemic affected almost all industries in various countries. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America (SAM), and the Middle East & Africa (MEA) hampered the growth of several industries, including the consumer goods industry. The pandemic induced recession across the global economies as the marketplace remained shut due to lockdowns and border restrictions. the shortage in raw material supply, the shutdown of factories, labor shortage, and other operational difficulties under COVID-19 safety protocols. Initially, due to the shutdown of manufacturing units, difficulty in the procurement of raw materials, restriction on logistics has had a negative impact on the electric blanket market. The outbreak had distorted operational efficiency and disrupted the value chains due to the sudden shutdown of national and international boundaries, creating revenue loss and damage.

The electric blankets are mostly manufactured from different materials like polyester microfiber or fleece. Thus, the shutdown of manufacturing units led to a negative impact on the research and development of the electric blankets market. The outbreak of COVID-19, has caused increased consciousness of people towards health. Also, there has been a disruption in the production and supply chain of electric blankets that severely impacted the market growth in recent times. However, in 2021, businesses are gaining ground as the governments of various countries eased out the previously imposed restrictions. The start of operations in the manufacturing units had a positive impact on the development and production of electric blankets. The increasing demand for consumer preference for luxurious, comfortable and premium bedding products propel the electric blankets market.

Competitive Landscape and Key Companies:

Some of the prominent players operating in the global electric blankets market include Beurer GmbH; Morphy Richards; Biddeford Blankets LLC; Slumberdown Company; Silentnight Group Limited; Glen Dimplex; Sunbeam Products, Inc.; Bedshe International Co., LTD; Shavel Associates Inc.; and Odessey Products among others. These players offer electric blankets with different technologies to attract a large number of consumers.