According to IMARC Group’s latest report, titled “Plush Blankets Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, offers a comprehensive analysis of the industry, which comprises insights on the plush blankets market Share.
The global plush blankets market grew at a CAGR of around 5% during 2015-2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026. A plush blanket is a bed covering manufactured using soft and high-quality fabric to provide warmth and maintain the core body temperature. It is produced using synthetic and natural materials, such as acrylic, nylon, natural wool, polyester, cotton and fleece. It is available in a wide variety of colors and patterns of printed flowers, toys, characters and stripes. Plush blankets are also used to wrap newborn babies and children as it provides enhanced warmth, softness, comfort and durability. In comparison to the traditionally used blankets, plush blankets are thermally insulated and lightweight.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
The global plush blankets market is primarily being driven by the increasing consumer preference for premium-quality luxury blankets. Moreover, various product innovations, such as the utilization of faux fur and mink for the manufacturing of comfortable plush blankets, are providing a thrust to the market growth. In line with this, these fabrics provide an enhanced luxurious appeal, design flexibility and are highly effective at retaining body heat and sustaining warmth. Other factors, including the widespread product adoption in the hospitality, tourism and healthcare industries, along with rising expenditure capacities of the consumers, are creating a positive outlook for the market.
Plush Blankets Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the plush blankets market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
American Blanket Company
Berkshire Blanket & Home Co. (SUMEC Textile and Light Industry Co. Ltd.)
FleecePro
Plush Addict Ltd.
Robert Kaufman Co. Inc.
Shannon Fabrics Inc.
Sunbeam Products Inc. (Newell Brands Inc.)
The Company Store
The Home Depot Inc.
The Northwest Group LLC
Venus Group Inc.
Key Market Segmentation:
The report has segmented the global plush blankets market on the basis of application, distribution channel and region.
Breakup by Application:
Residential
Commercial
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Online Stores
Others
Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa
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Key Highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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