Market Size of Electric Blankets Industry
| Study Period | 2020-2029 |
| Market Size (2024) | USD 1.13 Billion |
| Market Size (2029) | USD 1.53 Billion |
| CAGR (2024 - 2029) | 6.24 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Electric Blankets Market Analysis
The Electric Blankets Market size is estimated at USD 1.13 billion in 2024, and is expected to reach USD 1.53 billion by 2029, growing at a CAGR of 6.24% during the forecast period (2024-2029).
The electric blankets market is a thriving industry that has experienced significant growth in recent years. With an electrical heating element woven into the fabric, electric blankets are intended to produce heat and offer warmth and comfort. People who need extra warmth because of medical issues or those who live in cold climates frequently use them. These blankets come in handy in nations with long and hard winters and are less expensive than heaters. Businesses have created thick, fleece-lined, well-insulated sheets offering plenty of natural warmth and insulation. They are also introducing goods that can be washed and are portable.
To guarantee that the electric current supply to the blanket is cut off after a predetermined time, the existing suppliers in the electric blankets market ensure that their blanket and throw goods include an automatic shut-off mechanism. This feature increases the safety factor of heated throws and blankets. Heated blankets with two controllers are also trendy these days. With the dual-controller capability, two persons can enjoy different temperature settings according to their needs.
