Baby Blankets Market: Global Industry Analysis and Forecast (2022-2029)

Baby Blankets Market was valued nearly US$ 2.3 Bn. in 2021. Baby Blankets Market size is estimated to grow at a CAGR of 3.6 % & is expected to reach at US$ 3.05 Bn. by 2029.
Baby Blankets Market Overview:
A baby blanket is a form of covering that is commonly used in cribs & bassinets for infants. It's usually a wide piece of knitted or woven fabric which wraps around the infant to keep him warm & comfortable. Baby blankets can also be used to protect an infant from the sun or as a breastfeeding cover-up. The market's expansion can be ascribed to rising demand for baby blankets as people become more aware of the benefits of using them.To know about the Research Methodology :- Request Free Sample Report

The global baby blankets market is forecast to grow as disposable income rises, the population grows, & consumers become more conscious of hygiene and comfort. Furthermore, governments are taking more initiatives to improve healthcare infrastructure. Population growth: The world's population is rapidly expanding. As a result, the need for baby blankets is increasing as more babies are born every day. Increasing your disposable income: Consumers can now purchase higher-quality products due to increased disposable incomes. The market for infant blankets is likely to rise as a result of this.

As a result of rising demand for luxury & comfort among the working-class population in developing nations like India & China, the sector is likely to expand further.

The pattern, material, & colour of blankets have a significant impact on consumer purchasing decisions. Consumers' preferences for vivid & dramatic colours have been seen as buying patterns have changed. These preferred colours and designs have been included into blanket manufacturing businesses' new goods. New product advancements, like pastel coloured cotton blankets, are predicted to continue to be popular in the near future. Color and design preferences are mostly driven by the need for products which are stain resistant & machine washable. In addition, countries like India, Vietnam, Myanmar, & Sri Lanka have seen an increase in desire for exotic hues and designs associated to flora & fauna.

Changing weather patterns on a worldwide scale have played a key role in encouraging the use of electric blankets in recent years. The blanket's capacity to self-warm provides temperature control & exceptional comfort. The market is predicted to grow in size as consumer awareness grows, & new high-quality blankets are introduced on a regular basis. Furthermore, an increase in private consumer expenditure is projected to enhance demand for luxury & decorative goods, particularly in rising markets like China & India.
Baby Blankets Market Segment Analysis:
Cotton had a market share of almost 25.0 % in the year 2021. The softness & durability of these products are expected to boost demand in the near future. These items are created from cotton yarns that come in a variety of sizes and weights to meet the needs of both home and foreign markets. Cotton farming's strongholds in the U.S, Brazil, Pakistan, India, China, Australia, Turkey, & Uzbekistan are expected to push industry participants to locate their essential business units close together.

From 2021 to 2029, polyester is predicted to grow at the fastest rate of 5.0 %. This increase can be attributed to the fact that it is readily available and reasonably priced. The product is substantially less expensive than mink, cotton, or fleece. It also outlasts the majority of its competitors in terms of durability. Cotton, fleece, and mink have all been replaced in recent years. Because of the robustness of polyester, which can withstand frequent washing, aeroplanes and railways in developed European countries have preferred it over fleece. Passengers' blankets are periodically replaced, which helps airlines reduce their operating costs. Likewise, purchasers in the hospitality industry have been eager to replace mink and fleece blankets with polyester blankets.

In the year 2021, hypermarkets & supermarkets held the biggest market share. This growth can be ascribed to the huge selection of blankets, including quilts, duvets, & comforters, all at one spot for the purchasers' convenience. Furthermore, during the off-seasons and stock clearance sales, they provide substantial savings. The major characteristics that contribute to hypermarket sales are ease of access and fast verification.

From 2021 through 2029, online sales are expected to rise at the fastest rate. This increase can be ascribed to rising internet penetration and millennials' shifting reliance on e-commerce forums as a primary selling channel. Furthermore, e-retailing provides quick access to a large number of vendors & producers, facilitating price comparison and negotiation. A substantial number of sellers have chosen e-commerce over traditional selling methods. Sellers with established shops & establishments have gone online as well to expand their customer base.
Baby Blankets Market Regional Insights:
In the year 2021, North America was the most profitable market, accounting for more than 30.0 % of total sales. Climate conditions, a big number of hotels, a massive defence force, & individual and corporate charity are all factors that encourage sales in the region. North America has a wide range of weather conditions.

Asia Pacific is forecast to grow at the fastest rate of 5.2 % during the forecast period. The utility of blankets is expected to increase as temperature conditions in important markets fluctuate, as well as the strong hold of middle-income age groups. Another factor driving market growth is the size of China's, India's, & Pakistan's armed forces. China boasts the world's largest military force and the world's second highest military budget, and blankets are one of the benefits given to every member of the armed forces.

The objective of the report is to present a comprehensive analysis of the Baby Blankets Market to the stakeholders in the Distribution Channel. The past and current status of the Distribution Channel with the forecasted Market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the Distribution Channel with a dedicated study of key players which include Market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the Market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the Distribution Channel to the decision-makers.

The report also helps in understanding the Baby Blankets Market dynamics, structure by analyzing the Market segments and project the Baby Blankets Market size. Clear representation of competitive analysis of key players by Product, price, financial position, Product portfolio, growth strategies, and regional presence in the Baby Blankets Market make the report investor’s guide.
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Baby Blankets Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 2.3 Bn.


Forecast Period 2022 to 2029 CAGR:
3.6%
Market Size in 2029:
US $ 3.05 Bn.


 Segments Covered:
by Product
• Cotton
• Polyester


by Distribution Channel
• Online sales
• Offline



Baby Blankets Market, by Region
• North America
• Europe
• Asia-Pacific
• MEA &Africa
• South America
Baby Blankets Market Key Players:
• Amritsar Swadeshi Textile Corporation Pvt. Ltd.
• Chellco Industries Limited
• JPrakash Woollen & Synthetic Mills Limited
• Qbedding.com
• Youngman Woollen Mills Private Limited.
• Qbedding
• Fashion Hometex
• Vallabh Fabriks Limited
• Lamina Blankets
• Shambhoo Textile
• Adamvati Knitwear
• Baby Kings

FAQ’S:

1) What is the share of the Global Baby Blankets Market in 2021?
Answer: The Global Baby Blankets Market was accounted for 2.3 Bn. in the year 2021.

2) Which Product segment is dominating the Global Baby Blankets Market?
Answer: Cotton segment is the dominating Distribution Channel segment in the market.

3) What are the key players in the Global Baby Blankets Market?
Answer: Amritsar Swadeshi Textile Corporation Pvt. Ltd. Chellco Industries Limited, JPrakash Woollen & Synthetic Mills Limited, Qbedding.com, Youngman Woollen Mills Private Limited. Qbedding, Fashion Hometex, Vallabh Fabriks Limited, Lamina Blankets Shambhoo Textile, Adamvati Knitwear, Baby King.

4) Which region has the largest share in Global Baby Blankets Market??
Answer: Europe region holds the highest share in 2021.