Blanket Global Market 2024 To Reach $10.01 Billion By 2028 At Rate Of 5.3%

Blanket Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

LONDON, GREATER LONDON, UNITED KINGDOM, September 18, 2024 /EINPresswire.com/ -- The blanket market has experienced robust growth in recent years, expanding from $7.77 billion in 2023 to $8.14 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to increasing demand for home comfort products, rise in popularity of weighted blankets, rise in online retail sales, rise in demand for luxury and premium blankets, and growth of e-commerce.

What Is The Estimated Market Size Of The Global Blanket Market And Its Annual Growth Rate?
The blanket market is projected to continue its strong growth, reaching $10.01 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to growing awareness of eco-friendly products, increasing global demand for decorative blankets, rising shift towards comfort, increasing demand for personalized products, and increasing urbanization.

Explore Comprehensive Insights Into The Global Blanket Market With A Detailed Sample Report:
https://www.thebusinessresearchcompany.com/sample_request?id=18262&type=smp

Growth Driver Of The Blanket Market
The expansion of the hospitality industry is expected to propel the growth of the blanket market going forward. The hospitality industry encompasses various services and businesses that provide travelers and guests with lodging, food and beverage, recreation, and entertainment. The expansion of the hospitality industry is due to a surge in global travel, rising disposable incomes, and a growing demand for diverse and unique accommodations. Blankets are used in the hotel rooms to offer comfort and warmth, enhance guest satisfaction, and contribute to a cozy and inviting atmosphere.

Make Your Report Purchase Here And Explore The Whole Industry's Data As Well:
https://www.thebusinessresearchcompany.com/report/blanket-global-market-report

Who Are The Key Players Shaping The Blanket Market Trends?
Key players in the blanket market include Walmart Inc., Medline Industries Inc., Ralph Lauren Home, Hudson’s Bay Company, Pottery Barn, Eddie Bauer LLC, Nautica Home, Beurer GmbH, Pendleton Woolen Mills, Silentnight Group Limited, WestPoint Home, Jarden Corporation, BUDDEMEYER S/A, Boll & Branch Co., Mellanni Fine Linens, American Blanket Company, URBANARA GmbH, Qbedding.com, Cuddledown Inc., Faribault Woolen Mill Co., Morphy Richards Ltd., Biddeford Blankets LLC, Chellco Industries Limited, Kanata Blanket Company.

What Are The Dominant Trends In Blanket Market Growth?
Major companies operating in the blanket market are focused on developing innovative products, such as smart electric blankets, to enhance consumers' comfort, convenience, and energy efficiency. Smart electric blankets are advanced bedding products with technology that allows for precise temperature control, programmable settings, and integration with smart home systems to enhance comfort and energy efficiency.

How Is The Global Blanket Market Segmented?
1) By Product Type: Electric Blanket, Regular Blanket
2) By Material Type: Wool, Cotton, Polyester, Other Material Types
3) By Sales Channel: Hyper markets Or Super markets, Specialty Stores, Multi Brand Stores, Independent Stores Retailers, Online Retailers, Other Sale Channels
4) By End User: Commercial, Residential

Geographical Insights: North America Leading The Blanket Market
North America was the largest region in the blanket market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blanket market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Blanket Market Definition
Blankets are versatile textile products that provide warmth, comfort, and aesthetic appeal in residential and commercial settings. They come in various materials, sizes, and types and are commonly used in homes, hospitals, and other settings.

Blanket Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Macroeconomic factors affecting the market in the short and long run
• Analysis of the macro and micro economic factors that have affected the market in the past five years
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

An overview of the global blanket market report covering trends, opportunities, strategies, and more
The Blanket Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on blanket market size, blanket market drivers and trends, blanket market major players, blanket competitors' revenues, blanket market positioning, and blanket market growth across geographies. The blanket market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

Browse Through More Similar Reports By The Business Research Company:

Smart Retail Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/smart-retail-global-market-report

Electric Blankets Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/electric-blankets-global-market-report

Healthcare Fabrics Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/healthcare-fabrics-global-market-report

What Does The Business Research Company Do?
The Business Research Company publishes over 15,000 reports across 27 industries and 60+ geographies. Our research is powered by 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. We provide continuous and custom research services, offering a range of specialized packages tailored to your needs, including Market Entry Research Package, Competitor Tracking Package, Supplier & Distributor Package, and much more.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
Facebook
X
LinkedIn