Blanket Market Report 2026

The blanket market size has grown steadily in recent years. It will grow from $8.54 billion in 2025 to $8.96 billion in 2026 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to growth in residential furnishing demand, expansion of hospitality and healthcare facilities, rising cold climate product consumption, availability of low-cost textile manufacturing, growth of retail distribution networks.

The blanket market size is expected to see steady growth in the next few years. It will grow to $10.88 billion in 2030 at a compound annual growth rate (CAGR) of 5%. The growth in the forecast period can be attributed to increasing demand for energy-efficient electric blankets, rising adoption of eco-friendly fabrics, expansion of online home furnishing sales, growing focus on premium comfort products, increasing demand from healthcare and elderly care facilities. Major trends in the forecast period include increasing demand for sustainable textile materials, rising adoption of electric and smart blankets, growing focus on comfort and thermal efficiency, expansion of customizable blanket designs, enhanced use of advanced synthetic fibers.

The growth of the blanket market is anticipated to be driven by the expansion of the hospitality industry in the coming years. The hospitality industry includes a range of services and businesses that offer travelers and guests lodging, food and beverage, recreation, and entertainment. This industry’s expansion is fueled by increasing global travel, higher disposable incomes, and a rising demand for diverse and unique accommodations. Blankets are utilized in hotel rooms to provide comfort and warmth, improve guest satisfaction, and create a cozy and welcoming environment. For example, in June 2025, according to the UK Parliament, a UK-based supreme legislative body, the UK hospitality sector (accommodation and food services) generated £62.6 billion in 2023, representing about 2.8% of the country’s total economic output. Consequently, the growth of the hospitality industry is supporting the blanket market.

Leading companies in the blanket market are focusing on developing innovative products such as smart electric blankets to improve consumer comfort, convenience, and energy efficiency. Smart electric blankets feature technology that allows for precise temperature control, programmable settings, and integration with smart home systems to enhance comfort and energy efficiency. For instance, in October 2023, Xiaomi Inc., a China-based consumer electronics company, introduced the Mijia Smart Electric Blanket. This blanket offers advanced features and smart home integration, including precise temperature control via a smartphone app, customizable comfort settings remotely, and a quick-heating function for immediate warmth.

In July 2023, Cedar Brands Inc., a US-based modern consumer company specializing in home and lifestyle products, acquired Nuzzie for an undisclosed amount. This acquisition allows Cedar Brands Inc. to expand its presence in the self-care market by utilizing innovative products and eCommerce expertise to boost brand visibility and strengthen customer relationships. Nuzzie, a US-based company, offers sustainable weighted blankets designed to improve sleep quality and deliver soothing pressure.

Major companies operating in the blanket market are Walmart Inc., Medline Industries Inc., Ralph Lauren Home, Hudson’s Bay Company, Pottery Barn, Eddie Bauer LLC, Nautica Home, Beurer GmbH, Pendleton Woolen Mills, Silentnight Group Limited, WestPoint Home, Jarden Corporation, BUDDEMEYER S/A, Boll & Branch Co., Mellanni Fine Linens, American Blanket Company, URBANARA GmbH, Qbedding.com, Cuddledown Inc., Faribault Woolen Mill Co., Morphy Richards Ltd., Biddeford Blankets LLC, Chellco Industries Limited, Kanata Blanket Company.

North America was the largest region in the blanket market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blanket market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the blanket market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The blanket market consists of sales of weighted blankets, hospital blankets, camping blankets, and baby blankets. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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