Blanket Market Trends: Growth, Share, Value, Size, and Analysis

Posted 2024-11-11 06:52:19

Blanket Market Size And Forecast by 2031

The global blanket market size was valued at USD 8.07 billion in 2023 and is projected to reach USD 11.65 billion by 2031, with a CAGR of 4.70% during the forecast period 2024 to 2031

Blanket Market research report provides a comprehensive analysis of the market. The report aims to provide insights into Blanket Market trends, growth opportunities, key drivers and challenges, competitive landscape, and other crucial factors that may impact the market in the forecast period (2024-2031).

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Which are the top companies operating in the Blanket Market?

The study report on the Global Blanket Market offers a comprehensive analysis of the industry, highlighting key trends, market dynamics, and competitive landscape. It profiles prominent organizations operating in the market, examining their successful strategies and market share contributions. This Blanket Market report provides the information of the Top 10 Companies in Blanket Market in the market their business strategy, financial situation etc.

**Segments**

- **Material Type**: The global blanket market can be segmented based on the material type into cotton, wool, polyester, acrylic, fleece, and others. Cotton blankets are popular for their softness and breathability, while wool blankets are preferred for their warmth and durability. Polyester and acrylic blankets are known for their affordability and easy maintenance, making them suitable for mass production. Fleece blankets are lightweight and cozy, often used for outdoor activities or as throw blankets.

- **Distribution Channel**: Blankets are distributed through various channels such as online retail stores, offline retail stores, supermarkets/hypermarkets, departmental stores, and others. Online retail stores have gained significant traction in recent years due to the convenience of shopping from home and a wide range of options available. Offline retail stores remain popular for customers who prefer to see and feel the blanket before making a purchase.

- **End-Use**: The end-use segment of the blanket market includes residential, commercial, hospitality, hospitals, and others. Residential use accounts for the majority of blanket consumption, as people look for comfort and warmth in their homes. Commercial and hospitality sectors demand blankets for guest rooms, lounges, and other facilities. Hospitals require blankets for patients and healthcare purposes, emphasizing the need for durability and easy maintenance.

**Market Players**

- **American Blanket Company**: Known for its premium quality blankets made in the USA, the company offers a wide range of options including cotton, wool, and fleece blankets. They focus on sustainability and customer satisfaction, which has helped in building a loyal customer base.

- **Pendleton Woolen Mills**: With a long history of producing wool blankets, Pendleton Woolen Mills is a renowned name in the industry. Their blankets are known for their unique designs inspired by Native American culture and high-quality wool material.

- **Sunbeam Corporation**: Specializing in electric blankets, Sunbeam Corporation offers innovative and technology-driven solutions for consumers looking for warmth and comfort. Their electric blankets are designedAmerican Blanket Company, Pendleton Woolen Mills, and Sunbeam Corporation are key players in the global blanket market, each bringing a unique value proposition to the industry. American Blanket Company's focus on premium quality blankets made in the USA resonates well with consumers looking for sustainable and locally-made products. Their diverse range of material options and commitment to customer satisfaction have helped them establish a strong brand presence and a loyal customer base. Pendleton Woolen Mills, on the other hand, stands out for its rich heritage in producing wool blankets with unique designs inspired by Native American culture. This cultural connection adds a distinctive touch to their products, appealing to consumers seeking authenticity and craftsmanship in their blankets.

Sunbeam Corporation occupies a niche within the blanket market with its specialization in electric blankets, offering innovative and technology-driven solutions for consumers looking for warmth and comfort. The company's focus on enhancing the blanket experience through electric heating elements showcases a commitment to product innovation that sets them apart in the market. By providing a unique and modern twist to traditional blankets, Sunbeam Corporation caters to a specific segment of consumers seeking advanced features and functionality in their bedding products.

As the global blanket market continues to evolve, these market players will need to stay ahead of consumer trends and preferences to maintain their competitive edge. Factors such as sustainability, customization options, and technology integration will play a crucial role in shaping the future of the blanket industry. By addressing these key market trends and adapting their strategies accordingly, companies like American Blanket Company, Pendleton Woolen Mills, and Sunbeam Corporation can secure their positions as leaders in the market and capture new growth opportunities in an increasingly dynamic and competitive landscape.**Market Players**

- American Blanket Company (U.S.)
- Pendleton Woolen Mills (U.S.)
- Amritsar Swadeshi Textile Corporation Pvt. Ltd. (India)
- Hudson's Bay Company (Canada)
- Boll & Branch (U.S.)
- URBANARA GmbH (Germany)
- Shanghai Easun Group (China)
- Medline Industries, Inc. (U.S.)
- Chellco Industries Limited (Nigeria)
- Biddeford Blankets, LLC (U.S.)
- Youngman Woollen Mills Private Limited (India)
- Morphy Richards (England)
- Silentnight Group Limited (U.K.)
- Barker Textiles UAB (Lithuania)
- Kanata Blanket Co. (Canada)
- Faribault Woolen Mill. (U.S.)

The global blanket market is witnessing significant growth driven by factors such as increasing demand for comfort and warmth, rising disposable incomes, and changing consumer preferences. The segmentation of the market into material types, distribution channels, and end-uses provides insights into the diverse needs and preferences of consumers. Each material type caters to different requirements, from softness and breathability in cotton blankets to warmth and durability in wool blankets. The distribution channels reflect the changing retail landscape, with online stores gaining prominence due to convenience and a wide range of options. The end-use segments highlight the varied applications of blankets across residential, commercial, hospitality, and healthcare sectors, emphasizing the versatile nature of

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Regional Analysis For Blanket Market

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Get a clear understanding of the Blanket Market, how it operates, and the various stages of the value chain.
Understand the current market situation and future growth potential of the Blanket Market throughout the forecast period.
Strategize marketing, market-entry, market expansion, and other business plans by understanding factors influencing growth in the market and purchase decisions of buyers.
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Make more informed business decisions with the help of insightful primary and secondary research sources.

This report provides Global Blanket Market :

An in-depth overview of the global market for
Blanket Market Assessment of the global industry trends, historical data from 2015, projections for the coming years, and anticipation of compound annual growth rates (CAGRs) by the end of the forecast period.
Discoveries of new market prospects and targeted marketing methodologies for Global Blanket Market
Discussion of R&D, and the demand for new products launches and applications.
Wide-ranging company profiles of leading participants in the industry.
The composition of the market, in terms of dynamic molecule types and targets, underlining the major industry resources and players.
The growth in patient epidemiology and market revenue for the market globally and across the key players and Blanket Market segments.
Study the market in terms of generic and premium product revenue.
Determine commercial opportunities in the market sales scenario by analyzing trends in authorizing and co-development deals.

Understanding market trends and industry insights at a regional level is essential for effective decision-making. Our reports are available in multiple regional languages to cater to diverse audiences. These localized reports provide in-depth analyses tailored to specific regions, ensuring businesses and stakeholders can access accurate and relevant information. By offering insights in local languages, we aim to bridge communication gaps and empower regional markets with the knowledge they need to grow and thrive. Explore our reports in your preferred language for a more personalized understanding of industry dynamics.

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