The global blanket market size was valued at USD 8.07 billion in 2023 and is projected to reach USD 11.65 billion by 2031, with a CAGR of 4.70% during the forecast period 2024 to 2031. Blanket Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market.
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Which are the top companies operating in the Blanket Market?
The “Global Blanket Market ”study report will provide a valuable insight with an emphasis on the global market. The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Blanket Market extension. This Blanket Market report provides the information of the Top 10 Companies in Blanket Market in the market their business strategy, financial situation etc.
**Segments**
- **Material Type**: The blanket market is segmented into segments based on material type, including cotton, wool, synthetic, and others. Cotton blankets are popular due to their softness and breathability, while wool blankets are valued for their warmth and durability. Synthetic blankets, such as fleece or polyester, offer affordability and easy care options.
- **Distribution Channel**: Distribution channels play a crucial role in reaching the target audience, with segments like online retail, specialty stores, supermarkets/hypermarkets, and others dominating the blanket market distribution. The shift towards online retail has been accelerated by the convenience and ease of shopping online.
- **End-Use**: The end-use segment includes residential and commercial applications, with residential usage leading the market due to the high demand for blankets in households for warmth and comfort. Commercial applications in sectors like hospitality, hospitals, and others also contribute significantly to the market growth.
**Market Players**
- **American Blanket Company**: Known for its premium quality blankets made from organic cotton and other sustainable materials, the American Blanket Company has carved a niche for itself in the market.
- **Cannon Blankets**: With a legacy of producing high-quality blankets for decades, Cannon Blankets continues to be a trusted name in the industry, offering a wide range of blankets for various purposes.
- **WestPoint Home**: Specializing in a diverse range of blankets catering to different material preferences and styles, WestPoint Home remains a key player in the global blanket market.
The global blanket market is a dynamic landscape influenced by evolving consumer preferences, technological advancements, and sustainability concerns. With a wide range of material types, distribution channels, and end-user applications, the market offers opportunities for manufacturers to innovate and expand their product offerings. As consumer awareness regarding sustainable practices increases, there is a growing demand for eco-friendly blankets made from organic or recycled materials. Additionally, the convenience of online shopping and the rise of e-commerce platforms have transformed the distribution channels, providing easy access to a broader customerThe global blanket market continues to witness significant growth and evolution, driven by a variety of factors such as changing consumer preferences, technological advancements, and increasing concerns towards sustainability. One of the key segments that impact the market dynamics is the material type. The segmentation based on material type provides consumers with a wide array of options to choose from, catering to different needs and preferences. Cotton blankets are favored for their softness and breathability, making them a popular choice among consumers seeking comfort. Wool blankets, on the other hand, are known for their exceptional warmth and durability, appealing to those looking for long-lasting and insulating bedding options. Synthetic blankets, including fleece and polyester, offer affordability and easy care options, attracting price-conscious consumers who value convenience.
Another crucial segment in the blanket market is the distribution channel. The various distribution channels such as online retail, specialty stores, supermarkets/hypermarkets, and others play a vital role in making blankets accessible to the target audience. The increasing prevalence of online retail channels has significantly impacted the market, providing consumers with the convenience of shopping from the comfort of their homes. This shift towards online shopping has reshaped the way blankets are marketed and sold, offering brands new opportunities to reach a wider customer base and expand their market presence.
Furthermore, the end-use segment is another significant driver of the global blanket market. The residential segment dominates the market, driven by the high demand for blankets in households for warmth, comfort, and aesthetic purposes. Consumers continue to prioritize blankets as essential bedding items, further fueling the growth of the residential market segment. Commercial applications, including hospitality, hospitals, and other sectors, also contribute substantially to the market, with businesses seeking high-quality blankets for their guests, patients, and customers. The demand for blankets in commercial settings underscores the diverse applications and opportunities present in the market.
In terms of market players, several key companies stand out in the global blanket market. Companies like American Blanket Company, known for their premium quality organic cotton blankets, have established**Market Players**
- American Blanket Company (U.S.)
- Pendleton Woolen Mills (U.S.)
- Amritsar Swadeshi Textile Corporation Pvt. Ltd. (India)
- Hudson's Bay Company (copyright)
- Boll & Branch (U.S.)
- URBANARA GmbH (Germany)
- Shanghai Easun Group (China)
- Medline Industries, Inc. (U.S.)
- Chellco Industries Limited (Nigeria)
- Biddeford Blankets, LLC (U.S.)
- Youngman Woollen Mills Private Limited (India)
- Morphy Richards (England)
- Silentnight Group Limited (U.K.)
- Barker Textiles UAB (Lithuania)
- Kanata Blanket Co. (copyright)
- Faribault Woolen Mill. (U.S.)
The global blanket market is a competitive space with a diverse range of market players vying for market share and consumer attention. American Blanket Company, based in the U.S., stands out for its premium quality organic cotton blankets that appeal to environmentally conscious consumers. Pendleton Woolen Mills, also from the U.S., has a longstanding legacy of producing high-quality wool blankets known for their warmth and durability, catering to consumers seeking traditional and timeless bedding options. The presence of companies like Medline Industries, Inc. in the U.S. highlights the importance of blankets in commercial applications, particularly in the healthcare sector where quality and comfort are paramount.
The market players from various
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Overview of the Blanket Market Research Report
The Blanket Market research report commences with an in-depth overview covering definitions, applications, product/service launches, developments, challenges, and regional analysis. The forecast underlines robust growth fueled by increasing consumption in diverse markets. Furthermore, the report delves into current market trends and key characteristics.
Objectives of the Report
Conduct a comprehensive investigation to forecast the value and volume of the Blanket Market.
Analyze and project market shares for major segments within the Blanket Market.
Depict the evolving landscape of the Blanket Market across global regions.
Examine and assess micro markets, their contributions, and growth potential within the Blanket Market.
Provide accurate insights into the factors driving the growth of the Blanket Market.
Offer a detailed analysis of key strategies adopted by major companies, such as R&D, collaborations, agreements, partnerships, acquisitions, mergers, new product launches, and other strategic initiatives.
Market Overview
The study concentrates on the present state of the Blanket Market, evaluating key statistics including CAGR, gross margin, revenue, pricing, production growth rate, volume, value, market share, and year-over-year growth. This thorough analysis is conducted using the latest primary and secondary research methods. Leading company profiles are scrutinized based on factors like the markets they serve, production, revenues, market shares, recent developments, and gross profit margins. The report also provides a detailed exploration of market drivers, constraints, opportunities, challenges, and trends within the market dynamics section.
Table of Contents:
Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
Market Purview
Report DescriptionMarket Definition and Scope
Executive Summary
Market Snapshot, By Type
Market Snapshot, By Application
Market Snapshot, By Region
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
And more...
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