(MENAFN- GlobeNewsWire - Nasdaq) New York, United States, Aug. 07, 2023 (GLOBE NEWSWIRE) -- The report, titled global heated blanket market size , industry Analysis, Trends and Forecasts up to 2031, provides an in-depth analysis of the market drivers, restraints, opportunities, and challenges. According to the report, the market for heated blankets is expanding as a result of rising consumer demand for comfort and convenience as well as rising health consciousness. The growing acceptance of smart home gadgets, which enable users to remotely manage their heated blankets, is also mentioned in the research as a market driver.
The paper also highlights a few obstacles that can prevent the heated blanket market from expanding. These difficulties include the price of heated blankets, which is considerable, as well as the possibility of safety risks.
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Market Dynamics
Especially in cold weather, heated blankets offer a cozy and practical method to remain warm. They are a popular option for people who want to stay warm without getting out of bed because they are simple to use and can be regulated remotely. Numerous health advantages of heated blankets have been demonstrated, including pain relief, improved circulation, and stress reduction. Customers looking for solutions to improve their health are boosting demand for heated blankets as a result of this rising awareness.
Users of smart home appliances can easily and conveniently change the temperature of their heated blankets by controlling them remotely. As a result, the market for heated blankets is expanding because to the growing acceptance of smart home technology.
Key Players
Rainbow Group Sunbeam Products, Inc Caiyang Shanghai Xiaomianyang Electric Qingdao Qindao Electric Perfect Fit Industries, LLC. Beurer Tenacta Group S.p.A. Sojoy Bokuk Electronics CO. Morphy Richards Slumberdown Biddeford
Report Scope
Report Metric | Details |
Compound Annual Growth Rate (CAGR) | 6.6% |
Forecast Period | 2023-2031 |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segments Covered | Segmentation By Type Under blankets Over blankets Segmentation By Application |
Geographies Covered | North America Europe APAC Middle East and Africa LATAM |
Market Drivers | The increasing demand for comfort and convenience The growing awareness of the health benefits of using heated blankets |
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Regional Analysis
North America includes countries such as the United States and Canada, where warming blankets are popular during the winter. North America is a well-established hot comforter industry with intense competition.
Warming blankets have become increasingly popular in nations such as the United Kingdom, Germany, and France in recent years. The market in Europe is growing as customers become more aware of the benefits of using heated comforters to save energy and reduce heating costs.
A rising market for heated comforters is the Asia Pacific region, which encompasses China, Japan, and India. As more people in these countries adopt Western-style living arrangements, there is a growing demand for domestic comfort.
Key Findings of the Report:
The market is being propelled by rising consumer demand for comfort and convenience as well as rising health consciousness regarding the advantages of utilizing heated blankets market . The market is being helped by the growing acceptance of smart home technology. The expensive price of heated blankets and potential safety risks may limit market expansion. The heated blanket market is anticipated to expand most quickly in the Asia Pacific region. The market is being driven by the increasing demand for comfort and convenience, as well as the growing awareness of the health benefits of using heated blankets. The market is being supported by the rising popularity of smart home devices. The high cost of heated blankets and the potential for safety hazards could hinder the growth of the market.
Market Segmentations
Segmentation By Type
Under blankets Over blankets
Segmentation By Application
Segment by Region
North America Europe APAC Middle East and Africa LATAM
Table of Contents
Executive Summary Introduction
Market Introduction Market Definition
Scope of the Study
Market Structure
Research Methodology Primary Research
Research Methodology
Assumptions & Exclusions
Secondary Data Sources
Market Factor Analysis Value Chain Analysis:
Heated Blanket Market Porters Five Forces Analysis
Bargaining Power of Suppliers
Bargaining Power of Buyers
Threat of Substitution
Threat of New Entrants
Competitive Rivalry
Market Dynamics Drivers
Restraints
Opportunities
Recent Trends Analysis
Impact of COVID-19 on Heated Blanket Market Pre and Post Covid -19 Market Scenario Analysis
Market Recovery Timeline and Challenge
Measures Taken by Top Players
Regulatory Landscape
Heated Blanket Market, Segmentation By Type Introduction
Market Size and Forecast, Segmentation By Type
Under blankets
Market Size and Forecast, By Region
Over blankets
Market Size and Forecast, By Region
Heated Blanket Market, Segmentation By Application Introduction
Market Size and Forecast, Segmentation By Application
Commercial Use
Market Size and Forecast, By Region
Home Use
Market Size and Forecast, By Region
Regional Overview Introduction
Market Size and Forecast
North America Market Size and Forecast
Segmentation By Type
Under blankets
Over blankets
Segmentation By Application
Commercial Use
Home Use
U.S. Segmentation By Type
Under blankets
Over blankets
Segmentation By Application
Commercial Use
Home Use
Canada Europe Market Size and Forecast
Segmentation By Type
Under blankets
Over blankets
Segmentation By Application
Commercial Use
Home Use
U.K. Segmentation By Type
Under blankets
Over blankets
Segmentation By Application
Commercial Use
Home Use
Germany France Spain Italy Russia Nordic Benelux Rest of Europe APAC Market Size and Forecast
Segmentation By Type
Under blankets
Over blankets
Segmentation By Application
Commercial Use
Home Use
China Segmentation By Type
Under blankets
Over blankets
Segmentation By Application
Commercial Use
Home Use
Korea Japan India Australia Singapore Taiwan South East Asia Rest of Asia-Pacific Middle East and Africa Market Size and Forecast
Segmentation By Type
Under blankets
Over blankets
Segmentation By Application
Commercial Use
Home Use
UAE Segmentation By Type
Under blankets
Over blankets
Segmentation By Application
Commercial Use
Home Use
Turky Saudi Arabia South Africa Egypt Nigeria Rest of MEA LATAM Market Size and Forecast
Segmentation By Type
Under blankets
Over blankets
Segmentation By Application
Commercial Use
Home Use
Brazil Segmentation By Type
Under blankets
Over blankets
Segmentation By Application
Commercial Use
Home Use
Mexico Argentina Chile Colombia Rest of LATAM Competitive Landscape, 2022 Introduction
Heated Blanket Market Share Analysis, 2022 (%)
Market Share Analysis, 2022
Competition Ranking, 2022
Key Developments & Growth Strategies
Merger & Acquisition
Product Launch
Expansion
Consolidated SWOT Analysis of Key Players
Company Profile Rainbow Group Business Overview
Financial Data
Key Product Categories
Recent Developments
Sunbeam Products, Inc
Caiyang
Shanghai Xiaomianyang Electric
Qingdao Qindao Electric
Perfect Fit Industries, LLC.
Beurer
Tenacta Group S.p.A.
Sojoy
Bokuk Electronics CO.
Morphy Richards
Slumberdown
Biddeford
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About Reed Intelligence
A global market research and management consulting firm, Reed Intelligence serves businesses, non-profit organisations, educational institutions, and governmental organisations. Our objective is to collaborate with enterprises to achieve long-term strategic improvements and expansion targets. Our industry research papers are made to offer quantitative data together with significant industry insights. Our goal is to give our clients the information they need to achieve long-term organisational growth. We offer reports to expedite and improve the plans of our clients, whether they are looking to expand into new areas, create new solutions, or take advantage of niche growth prospects.
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