Electric Blankets Market Share Value Analysis, Future Trends & Competitive landscape

1. Electric Blankets Market Revenue Drivers, Growth Opportunities, Supply Chain Analysis and Forecast Research Report Till 2025 “The global electric blankets market size is projected to touch USD 1.2 billion by 2025, according to a new report published by Million Insights, with a CAGR of 7.1% from 2019 to 2025.” The global Electric Blankets Market research report provides complete insights on industry scope, global trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready, data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development. Market Overview: The global electric blankets market size is projected to touch USD 1.2 billion by 2025, according to a new report published by Million Insights, with a CAGR of 7.1% from 2019 to 2025. The rising integration of technological up-gradations in consumer-friendly devices and other products is accelerating the market. Key Players: Jarden Corporation Shanghai Shenda Co. Ltd. Morphy Richards Ltd. Snugnights UK LLP Beurer GmbH Caiyang Slumberdown Shijiazhuang Mengjie Industry Silentnight Group

2. Request free sample to get complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/electric-blankets-market/request-sample Growth Drivers: Consumers residing in countries with harsh winter conditions and those facing pain-related issues are the major users of these blankets. Electric blankets are cheaper than heaters and are extensively used in countries with long winter season. Manufacturers have been emphasizing on producing insulated sheets lined with thick fleece to offer sufficient natural warmth and insulation. Further, they are focusing on launching products that are portable and can be easily washed. For example, Medisana HDW launched a blanket that is made up of microfiber fleece and is machine washable. The household held the largest share of over 45% in 2018. The rising disposable income of people along with an increase in home-ownership in various countries has contributed to the growth of the segment. Further, the rising living standards of consumers mainly in China coupled with the technological advancements in consumer-friendly products are predicted to boost the demand for electric blankets in the upcoming years. End User Outlook: Hotels Hospitals Households Regional Insights: North America is expected to register the fastest growth with a CAGR of 7.4% over the forecast period. On the other hand, the increasing demand for different flexible heating products in Europe has strengthened this market in the region. Consumers are willing to spend more on such products to stay comfortable and warm during extreme winter conditions. Asia Pacific dominated the electric blanket marketin 2018 and is expected to hold a share of about 32% of the global market from 2019 to 2025. Its lead is attributed to the rising adoption of electric blankets in China. The purchase volumes of China account for nearly 30 million units every year due to their affordability, easy availability, and are further sold at garage sales and department stores. Browse Related Category Research Reports @ https://blog.naver.com/tomclark

3. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Asia Pacific Global Headquarters Million Insights Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Phone: 91-20-65300184 Email: sales@millioninsights.com