Electric Blanket Market

Electric blanket market: enjoy recently published info provided by an Ai-driven business intelligence platform. Facts and figures contain trade, market prices, consumption, exports, market size, imports, production, and companies. There is a split by region, including the U.S., Africa, EU, China, the Middle East, Latin America, the U.K., and Russia. Market insights and forecast to 2030 are also featured in the reports.

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Electric Blanket - World's Largest Markets

In value terms, the Czech Republic, China and the United States were the countries with the highest levels of market value in 2020, together comprising 70% of the global market.

In terms of the main consuming countries, China (+179.6% per year) saw the highest growth rate of market size, over the period under review, while electric blanket market for the other global leaders experienced more modest paces of growth.

Electric Blanket Prices

Electric Blanket - Top Importers

In value terms, the United States ($109M) constitutes the largest market for imported electric blankets worldwide, comprising 43% of global imports. The second position in the ranking was occupied by Japan ($27M), with a 11% share of global imports. It was followed by the UK, with a 6.8% share.

In the United States, electric blanket imports shrank by an average annual rate of -7.2% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-36.7% per year) and the UK (-3.8% per year).

Electric Blanket - Top Exporters

In value terms, China ($251M) remains the largest electric blanket supplier worldwide, comprising 81% of global exports. The second position in the ranking was occupied by the Czech Republic ($14M), with a 4.7% share of global exports. It was followed by Indonesia, with a 2.9% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China stood at -2.6%. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (-16.2% per year) and Indonesia (-14.9% per year).

Electric Blanket - Market Forecast

Driven by increasing demand for electric blanket worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Electric Blanket - Product Coverage

• HS 630110 - Blankets; electric

Source: IndexBox Market Intelligence Platform