The Blanket Market size was valued at USD 15.07 Billion in 2023 and the total Global Blanket revenue is expected to grow at a CAGR of 6.45% from 2024 to 2030, reaching nearly USD 23.34 Billion by 2030.
Blanket Market Overview
Stellar Market Research, an Blanket business research firm has published a report on the “Blanket Market”. As per the “Blanket report,” the total market for Blanket Market was USD 15.07 Bn. in 2023 and is expected to reach USD 23.34 Bn. by 2030.
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Blanket Market Report Scope and Research Methodology
The report on the Market covers an in-depth analysis of the industry. Key insights of the report include the Blanket Market size and the growth rate. Statistical and analytical tools are then used to analyse the data, identify market trends, estimate market size and growth potential. Additionally, competitive analysis may be conducted to understand the market share, product offerings, and competitive strategies of key market players. Comprehensive research is crucial for providing accurate and dependable insights into the Blanket Market, and guiding decision-makers about the present and future status of the market.
Such an analysis provides valuable information on market penetration, regional dominance and growth strategies adopted by the key players in the market. Swot analysis is used to identify the strength and weaknesses of the market. The bottom-up approach was used to estimate the Blanket Market size
Blanket Market Regional Insights
The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis used in the report to understand the Blanket market status in various countries. The Blanket market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Blanket Market Segmentation
By Material Type, Cotton blankets dominate the global market, capturing the largest segment share. It implies that among all types of blankets available, cotton blankets constitute the largest portion of sales and consumer preference. The significant segment share underscores cotton's widespread popularity and its appeal to a broad spectrum of consumers. The impact of cotton's segment share on the market is substantial. Cotton is favored for its breathability, affordability, and natural feel, making it a preferred choice for many consumers. Its versatility provides diverse needs, particularly for those seeking lightweight summer blankets and hypoallergenic options.
As a result, cotton blankets have broad acceptance and usage across various demographics and geographical regions. Cotton production is known to be water-intensive, which raises concerns about its environmental impact, especially in regions where water scarcity is a significant issue. Also, some consumers perceive cotton as less durable compared to synthetic materials, potentially affecting their purchasing decisions.
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 questions answered in the Blanket Market are:
- What is Blanket ?
- What was the Blanket market size in 2023?
- What is the growth rate of the Blanket Market?
- Which are the factors expected to drive the Blanket market growth?
- What are the different segments of the Blanket Market?
- What growth strategies are the players considering to increase their presence in Blanket ?
- What are the upcoming industry applications and trends for the Blanket Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Blanket Market?
- What segments are covered in the Blanket Market?
- Who are the leading companies and what are their portfolios in Blanket Market?
- What segments are covered in the Blanket Market?
- Who are the key players in the Blanket market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- 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 medical devices, pharmaceutical manufacturers, 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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