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Blanket Market Size, Share & Trends Analysis Report By Product (Mink, Fleece, Wool, Cotton, Polyester, Others), By Application, By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030

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    Report

  • 120 Pages
  • August 2024
  • Region: Global
  • Grand View Research
  • ID: 5998842

Blanket Market Growth & Trends

The global blanket market size is expected to reach USD 25.54 billion by 2030, registering to grow at a CAGR of 7.5% from 2024 to 2030 . Significant growth of the travel and hospitality industries at a global level as a result of reduced airline fares and attractive value-added services provided by key hotel industry participants is expected to remain a prominent factor. Furthermore, rising national defense spending by the governments of countries including U.S., China, Russia, Iran, Israel, India, and Pakistan is expected to promote the use of blankets for military and air force over the next few years.

Cotton-based products dominated the market and generated a revenue of USD 4.6 billion in 2018. These product types are expected to gain momentum as a result of their high visibility as durable comfort characteristics. Furthermore, these textile products have the ability to perform across a wide range of climate conditions.

Since the last few years, some of the celebrities have been launching the products under their name. For instance, in March 2019, Drew Barrymore launched Flower Home, a homeline at Walmart.com. The brand, along with various home related décor and furniture, also offers blankets that are richly layered and cozy. Similarly, in March 2019, the multinational furniture company, Ikea launched the brand Overalt. The brand specifically offers African design decors and furniture. Moreover, Sindhiso Kumhalo and Renée Rossouw have been working on quilt and blanket projects for the launch of products, which are based on African designs.

In May, 2019, natural home goods brand Buffy launched a new product, The Breeze. These temperature regulating comforters are derived from eucalyptus fibers. Shell fabric and the fills are the naturally more breathable as compared to other comforters derived from polyester or animal-based materials. The breathability associated with these product forms ultimately leads to a more regulated temperature during sleep.

Blanket Market Report Highlights

  • The polyester segment held the largest market share of 33.8% in 2023. Polyester is a synthetic fiber known for its resilience and resistance to wear and tear.
  • The commercial segment is expected to witness significant growth in the blanket market during the forecasted period.
  • Asia Pacific held the largest market share of 37.1% in 2023.
  • Online distribution channel is expected to register the highest CAGR from 2024 to 2030.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets


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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Blanket Market Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Blanket Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
Chapter 4. Blanket Market: Product Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Blanket Market: Product Movement Analysis, 2023 & 2030 (USD Million)
4.3. Mink
4.3.1. Mink Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Fleece
4.4.1. Fleece Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Wool
4.5.1. Wool Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.6. Cotton
4.6.1. Cotton Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.7. Polyester
4.7.1. Polyester Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.8. Other
4.8.1. Other Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Blanket Market: Application Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Blanket Market: Application Movement Analysis, 2023 & 2030 (USD Million)
5.3. Residential/Household
5.3.1. Residential/Household Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Commercial
5.4.1. Commercial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Blanket Market: Distribution Channel Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Blanket Market: Distribution Channel Movement Analysis, 2023 & 2030 (USD Million)
6.3. Offline
6.3.1. Offline Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Supermarkets and Hypermarkets
6.4.1. Supermarkets and Hypermarkets Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Specialty stores
6.5.1. Specialty Stores Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Online/E-commerce
6.6.1. Online/E-commerce Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.7. Others
6.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Blanket Market: Regional Estimates & Trend Analysis
7.1. Blanket Market Share, By Region, 2023 & 2030 (USD Million)
7.2. North America
7.2.1. North America Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.2.2. U.S.
7.2.2.1. U.S. Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.2.3. Canada
7.2.3.1. Canada Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.2.4. Mexico
7.2.4.1. Mexico Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3. Europe
7.3.1. Europe Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3.2. U.K.
7.3.2.1. U.K. Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3.3. Germany
7.3.3.1. Germany Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3.4. France
7.3.4.1. France Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3.5. Italy
7.3.5.1. Italy Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3.6. Spain
7.3.6.1. Spain Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Asia Pacific Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.2. China
7.4.2.1. China Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.3. Japan
7.4.3.1. Japan Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.4. India
7.4.4.1. India Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.5. South Korea
7.4.5.1. South Korea Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.6. Australia
7.4.6.1. Australia Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.7. New Zealand
7.4.7.1. New Zealand Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5. Latin America
7.5.1. Latin America Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5.2. Brazil
7.5.2.1. Brazil Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6. Middle East and Africa
7.6.1. South Africa
7.6.1.1. South Africa Blanket Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map Analysis
8.4. Company Profiles
8.4.1. American Blanket Comoany
8.4.1.1. Participant’s Overview
8.4.1.2. Financial Performance
8.4.1.3. Product Benchmarking
8.4.1.4. Recent Developments/ Strategic Initiatives
8.4.2. Pendleton Woolen Mills
8.4.2.1. Participant’s Overview
8.4.2.2. Financial Performance
8.4.2.3. Product Benchmarking
8.4.2.4. Recent Developments/ Strategic Initiatives
8.4.3. Boll & Branch LLC
8.4.3.1. Participant’s Overview
8.4.3.2. Financial Performance
8.4.3.3. Product Benchmarking
8.4.3.4. Recent Developments/ Strategic Initiatives
8.4.4. SEG Products
8.4.4.1. Participant’s Overview
8.4.4.2. Financial Performance
8.4.4.3. Product Benchmarking
8.4.4.4. Recent Developments/ Strategic Initiatives
8.4.5. Chellco Industries Limited
8.4.5.1. Participant’s Overview
8.4.5.2. Financial Performance
8.4.5.3. Product Benchmarking
8.4.5.4. Recent Developments/ Strategic Initiatives
8.4.6. Casper Sleep Inc.
8.4.6.1. Participant’s Overview
8.4.6.2. Financial Performance
8.4.6.3. Product Benchmarking
8.4.6.4. Recent Developments/ Strategic Initiatives
8.4.7. SUMEC Textile Light Industry Co., Ltd.
8.4.7.1. Participant’s Overview
8.4.7.2. Financial Performance
8.4.7.3. Product Benchmarking
8.4.7.4. Recent Developments/ Strategic Initiatives
8.4.8. Brooklinen
8.4.8.1. Participant’s Overview
8.4.8.2. Financial Performance
8.4.8.3. Product Benchmarking
8.4.8.4. Recent Developments/ Strategic Initiatives
8.4.9. Kanata Blanket Co.
8.4.9.1. Participant’s Overview
8.4.9.2. Financial Performance
8.4.9.3. Product Benchmarking
8.4.9.4. Recent Developments/ Strategic Initiatives
8.4.10. Faribault Woolen Mill
8.4.10.1. Participant’s Overview
8.4.10.2. Financial Performance
8.4.10.3. Product Benchmarking
8.4.10.4. Recent Developments/ Strategic Initiatives

Companies Mentioned

  • American Blanket Company
  • Pendleton Woolen Mills
  • Boll & Branch LLC
  • SEG Products
  • Chellco Industries Limited.
  • Casper Sleep Inc.
  • SUMEC Textile Light Industry Co., Ltd.
  • Brooklinen
  • Kanata Blanket Co.
  • Faribault Woolen Mill

Methodology

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Table Information