The North America Plush Blankets Market would witness market growth of 8.4% CAGR during the forecast period (2020-2026). Soft throws and blankets, which are easy to store, wash, and are travel-accommodating, are being progressed with different sorts of fabrics, which are soft and, at the same time, can help keep comfortable. Initially, throws were utilized as shawls by ladies to fold over themselves during winters; notwithstanding, they are currently utilized in different forms, including home decor, bedding, and lifestyle or fashion item. In this way, the rise of a plush blanket as a type of the soft toss has been gaining demand from buyers as it additionally satisfies the purpose for a delightful decorative piece, which isn't just utilized for warmth but besides enhances the magnificence of the room.
Moreover, the presence of fluctuating climate patterns seen recently has been moving the purpose of utilizing blankets for some particular months of winter to throughout the entire year. Hence, expanding the incorporation of plush soft and lightweight material, giving definite warmth and heat, has fuelled the popularity of plush blankets.
Also, increasing residential and commercial sectors, including travel and hospitality, military and defense, and charity, are anticipated to positively affect market development. Expanding the development of private houses is also increasing the demand for plush blankets. In July 2019, it was expressed by the International Monetary Fund that the worldwide housing market has been consistently moving up. Another significant component is the housing index, which mirrors the changing costs of residential properties.
Based on Distribution Channels, the market is segmented into Hypermarkets & Supermarkets, Convenience Stores, Online and other Distribution Channels. Based on Applications, the market is segmented into Residential and Online. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Plush Blankets Market in North America is expected to register a CAGR of 8.4% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Newell Brands, Inc. (Sunbeam Products, Inc.), Home Depot, Inc., Berkshire Blanket & Home Co., Inc. (SUMEC Group Corporation), American Blanket Company, FleecePro, ADORNit, Plush Addict Ltd., Robert Kaufman Co., Inc., Shannon Fabrics, Inc., and Venus Group, Inc.
Market Segmentation:
By Distribution Channels
By Applications
By Country
Companies Profiled
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