The Asia Pacific Electric Blanket Market would witness market growth of 7.4% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Electric Blanket Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $136.6 million by 2031. The Japan market is registering a CAGR of 7.1% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 7.8% during (2024 - 2031).
The health and wellness trend has influenced the adoption of electric blankets, particularly those marketed for therapeutic benefits. Consumers seeking relief from muscle pain, joint stiffness, or poor circulation increasingly turn to electric blankets for their potential health benefits. Modern consumers value products that offer customization and personalization.
Moreover, electric blankets with dual controls for individual temperature preferences, customizable heat settings, and varied sizes and materials cater to diverse consumer needs, making them more attractive and widely adopted.
The expansion of smart homes is often accompanied by increased awareness of energy-efficient and technologically advanced products. This trend encourages consumers to invest in high-quality electric blankets that offer advanced features, such as remote control, customizable settings, and energy-saving modes. According to data from the Government of China, the Chinese smart home industry experienced a substantial development rate of nearly 20 percent annually from 2016 to 2021, expanding from 260 billion yuan ($36.25 billion) to 580 billion yuan. By 2025, the smart home sector in Zhejiang province is projected to reach a value of 500 billion yuan.
Free Valuable Insights: The Global Electric Blanket Market is Predict to reach USD 1.5 Billion by 2031, at a CAGR of 6.8%
Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Heat Setting, the market is segmented into Medium, Low, and High. Based on End-user, the market is segmented into Household, Hotel, and Hospital. Based on Size, the market is segmented into Queen, King, Twin, and Full. Based on Material, the market is segmented into Polyester, Cotton, Fleece, Faux Fur, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Distribution Channel
By Heat Setting
By End-user
By Size
By Material
By Country
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