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Europe Electric Blankets Market
No. of Pages: 85 | Report Code: BMIRE00025137 | Category: Consumer Goods
No. of Pages: 85 | Report Code: BMIRE00025137 | Category: Consumer Goods
Electric blankets are getting utmost attention among consumers due to their various benefits, such as allowing consumers to adjust temperatures, delivering maximum comfort, and lesser energy consumption. The products are witnessing increased innovation with additional features, such as battery-powered blankets with mobile chargeable sockets, waterproof blankets, lightweight, durable, machine washable, and water-resistant blankets. Such innovative features are expected to increase the attractiveness of electric blankets, resulting in the growth of this regional market over the coming years.
Consumers aged 60 and above are susceptible to harsh and bitter weather. Thus, electric blankets are more suitable for this group. Technology is helping revolutionize care for senior citizens, and electric blankets are a successful element of this technological advancement.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe electric blankets market at a good CAGR during the forecast period.
Strategic insights for the Europe Electric Blankets provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 237.05 Million |
Market Size by 2028 | US$ 370.91 Million |
Global CAGR (2021 - 2028) | 6.6% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Size
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
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The geographic scope of the Europe Electric Blankets refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Europe Electric Blankets Market Segmentation
The Europe electric blankets market is analysed on the basis of size, type, and distribution channel. Based on size, the market is segmented into single, double, and others. Based on type, the market is segmented into electric under blankets and electric over blankets. Based on distribution channels, the market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. Geographically, the market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe.
Europe Electric Blankets Market -
Companies Mentioned
Beurer GmbH, Morphy Richards; Slumberdown Company; Silentnight Group Limited; Glen Dimplex.; and Bedshe International Co., Ltd. are the leading companies in the Europe electric blankets market.
The Europe Electric Blankets Market is valued at US$ 237.05 Million in 2021, it is projected to reach US$ 370.91 Million by 2028.
As per our report Europe Electric Blankets Market, the market size is valued at US$ 237.05 Million in 2021, projecting it to reach US$ 370.91 Million by 2028. This translates to a CAGR of approximately 6.6% during the forecast period.
The Europe Electric Blankets Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Electric Blankets Market report:
The Europe Electric Blankets Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Electric Blankets Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Electric Blankets Market value chain can benefit from the information contained in a comprehensive market report.