About Heated Bedding
Heated bedding, also known as electric blanket, uses electrical equipment to heat the blanket, and related bedding products to a comfortable level. It has a control unit which helps in regulating the heat produced and maintaining the desirable temperature. Introduction of premium heated bedding products has helped in bolstering the demand in developed countries, however, heated bedding penetration in emerging countries has remained low. Manufactures are focusing on launching cost-effective and efficient heated bedding products which in turn will further supplement its growth.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.23% |
Competition among existing players is due to the Heated Bedding market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Heated Bedding Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that American Vendors will contribute the maximum growth to Global Heated Bedding market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Microlife (Taiwan), Newell Brands (United States), Morphy Richards (United Kingdom), Shangtex Holding (China), Sleep Number (United States), Tenacta Group (Italy), Sunbeam Products, Inc. (United States) and Bed Bath & Beyond (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Bokuk Electronics CO. (South Korea), Slumberdown Enterprises Ltd (United Kingdom), Biddeford Blankets (United States), Qingdao Qindao Electric Appliance Co Ltd (China), Perfect Fit Industries (United States) and Beurer (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Heated Bedding market by Type (Heated Blankets and Throws, Heated Mattress Pads and Others), Application (Household, Hotel, Hospitals and Others) and Region.
On the basis of geography, the market of Heated Bedding has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Heated Bedding market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for Soft Blankets Throws, Increasing Sales of Portable Heated Bedding and Growing Demand for Waterproof Heated Bedding for Kids Use
Market Growth Drivers:
Introduction of Premium and Quality Bedding Products and Growing Awareness Among Consumers About Benefits of Heated Bedding
Challenges:
Improper Safety Standards in Some Countries Regarding Manufacturing of Heated Bedding and Safety issue Associated with the Use of Heated Bedding, Especially When Pets Use the Same Blankets and Beds
Restraints:
High Cost of the Premium Heated Bedding Products and Seasonal Use of Heated Bedding Lessen Its Demand in Off-season
Opportunities:
Introduction of Innovative and Novel Heated Bedding Products and Launching Cost-effective and Efficient Heated Bedding
Market Leaders and their expansionary development strategies
In June 2022, Thermon Group Holdings, Inc., a global leader in industrial process heating solutions, announced it acquired Powerblanket, a leading North American supplier of heated blankets built upon patented heat spreading technology and portable industrial chillers. Powerblanket increases Thermon's exposure to growing industrial and commercial end-markets through its freeze protection, temperature control and flow assurance solutions.
In September 2023, Zonli, the renowned Hong Kong-based online retailer, is helping us get ahead of the winter chill. They are thrilled to introduce its latest innovation to redefine comfort – the Battery Heated Blanket Series.
Key Target Audience
Heated Bedding Manufacturers, Raw Materials Suppliers/Distributors, End-users Industries, Potential Investors, Market and Research Firms, Government Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.