GITNUX MARKETDATA REPORT 2024

Blanket Industry Statistics

Blanket industry statistics provide insights into market trends, production volumes, revenue figures, and consumer preferences within the blanket manufacturing sector.

Statistic 1

"The global blankets market size was valued at USD 17.0 billion in 2020."

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Statistic 2

"The blanket market is projected to exhibit a CAGR of 4.5% during the forecast period from 2021 to 2028."

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Statistic 3

"The blankets segment commanded a market share of over 70% in 2020 in the total Bed Linen & Bed Spread Market."

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Statistic 4

"In 2020, supply chain disruptions due to the COVID-19 pandemic led to a temporary slowdown in the blanket industry."

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Statistic 5

"Cotton blankets have the maximum demand and held nearly 45% of the market share in 2020."

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Statistic 6

"Synthetic blanket segment is projected to see growth at a CAGR of over 5.5% from 2021 to 2028."

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Statistic 7

"Online distribution channel for blankets is projected to witness the fastest growth between 2021 and 2028."

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Statistic 8

"Asia Pacific held the largest market share of 31.7% in 2020."

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Statistic 9

"North America is expected to expand at the fastest CAGR of 5.2% from 2021 to 2028."

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Statistic 10

"Electric blanket market size was valued nearly USD 765.5 million in 2018."

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Statistic 11

"Electric blanket market is projected to reach nearly USD 1,052.3 million by 2026."

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Statistic 12

"The key market players (such as Beurer, BAG Corp, and Perfect Fit Industries) are expected to invest more in R&D on blankets."

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Statistic 13

"In 2020, conventional blankets segment dominated the market, with almost 90% share."

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Statistic 14

"The Premium price range segment held the biggest market share, approximately 50% in 2020."

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Statistic 15

"The commercial sector held the dominant share of more than 55.0% in 2020."

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Statistic 16

"Wool blankets represent the second most preferred blankets globally."

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Statistic 17

"Throw blankets are expected to observe significant growth of over 5% CAGR during the forecast period."

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Statistic 18

"The baby blanket industry is expected to expand with a CAGR of approximately 3.2% over 2021-2027."

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Statistic 19

"The weighted blanket market size was valued at USD 194.6 million in 2020."

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Statistic 20

"The weighted blanket market is projected to reach USD 1.31 billion by the year 2027."

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