The Blanket Market was valued at USD 15.07 billion in 2023 and is expected to grow significantly, reaching nearly USD 23.34 billion by 2030, with a CAGR of 6.45% from 2024 to 2030.
Blanket Market Report Scope and Research Methodology
The research methodology employed in the report includes both primary and secondary research. Primary research involves direct interactions with industry experts, key opinion leaders, and stakeholders through interviews and surveys to gather first-hand insights and validate the data. Secondary research entails a thorough examination of existing literature, including industry reports, company publications, market databases, and reputable news sources, to compile a broad understanding of the market landscape.
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Blanket Market Dynamics
The dynamics of the Blanket Market are being reshaped by several key factors. A significant shift towards sustainable materials is evident, driven by increased consumer eco-consciousness. There is a growing demand for blankets made from organic cotton, bamboo, and recycled fibers, spurred by concerns over the environmental impact of conventional textile production and health risks associated with synthetic materials. This trend not only meets consumer preferences but also offers opportunities for brands to differentiate themselves in a competitive market.
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Blanket Market Regional Insight
North America plays a pivotal role in the global Blanket Market, driven by factors such as a climate that demands year-round blanket use in certain regions, high levels of disposable income, and evolving consumer preferences towards sustainability and innovation. The region has seen a surge in demand for blankets made from sustainable materials and those featuring innovative designs, such as weighted blankets. This dynamic environment is characterized by robust competition, with established brands and emerging players vying for market share in both luxury and performance segments.
Blanket Market Segmentation
By Material Type
Wool
Polyester
Cotton
By Application
Household
Commercial
By Distribution Channel
Online
Offline
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Blanket Market Key Players
Pendleton Woolen Mills, Inc.
Biddeford Blankets, LLC
Kanata Blanket Company
Boll & Branch LLC
American Blanket Company
Faribault Woolen Mills, Inc.
Beurer GmbH
Woolrich, Inc.
Cuddledown, Inc.
Morphy Richards Ltd.
Amritsar Swadeshi Textile Corporation Pvt. Ltd.
URBANARA GmbH
Shanghai Easun Group
Medline Industries, Inc.
Chellco Industries Limited
Biddeford Blankets, LLC
Youngman Woollen Mills Private Limite
Silentnight Group Limited
Barker Textiles UAB
Jindal Textile
Arihant Handloom Industries
Brandonn.
XXX Inc
Key Offerings:
- Past Market Size and Competitive Landscape
- Market Size, Share, Size & Forecast by different segment |
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Product
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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