The Latin America, Middle East and Africa Electric Blanket Market would witness market growth of 8.5% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Electric Blanket Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $30 million by 2031. The Argentina market is registering a CAGR of 9.2% during (2024 - 2031). Additionally, The UAE market would Showcase a CAGR of 8.2% during (2024 - 2031).
the electric blanket market is experiencing several notable trends driven by technological advancements, evolving consumer preferences, and broader lifestyle changes. These trends shape the market dynamics and influence how electric blankets are designed, marketed, and adopted.
Additionally, electric blankets with dual controls allow users to set different temperatures for each side of the bed, accommodating individual preferences and enhancing comfort for couples. This feature is particularly popular in the luxury segment of the market.
Saudi Arabia is positioning itself as a luxury tourism destination, with high-end hotels being built to cater to affluent travellers. These hotels often include electric blankets as part of their premium bedding options, aligning with the expectations of international tourists accustomed to such comforts. According to the International Trade Administration (ITA), three hotels were inaugurated under the Red Sea project by the end of 2023, with plans for an additional 13 hotels to be launched in 2024. The Red Sea Project anticipates approximately 50 hotels comprising over 8,000 rooms upon full completion.
Free Valuable Insights: The Worldwide Electric Blanket Market is Projected 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Distribution Channel
By Heat Setting
By End-user
By Size
By Material
By Country
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