Electric Blankets Market Outlook With Industry Growth, Trends, Demand, Major Players and Regional Outlook by 2026
According to IMARC Group’s report, titled “ Electric Blanket Market Share , Size, Trends, Growth, Opportunity and Forecast 2021-2026 ”, the global electric blanket market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global market to grow at a CAGR of around 7% during the next five years. An electric blanket is a bed covering made using wool, cotton, polyester, or acrylic materials. It is integrated with a wiring system that offers heat and warmth through the coil wires. It comprises a control unit, which enables the user to alter the amount of heat generated. Moreover, it is plugged into an electrical outlet and utilized for pre-heating the bed or keeping the user warm. At present, there is a rise in the demand for comfortable and luxurious bedding items on account of rapid urbanization and inflating income levels. This, along with the growing geriatric population, which is relatively more sensitive to harsh weather, represents one of the signifi...