Delivering more actionable and strategically valuable research, The Business Research Company’s 2026 market reports feature market attractiveness analysis, total addressable market evaluation, company benchmarking matrices, interactive Excel dashboards, expanded supply chain intelligence, emerging startup coverage, and detailed product insights.
Blanket Market Value Analysis: What Growth Is Expected Over The Forecast Period?
The blanket market size has exhibited consistent expansion in recent years. It is anticipated to grow from $8.54 billion in 2025 to $8.96 billion in 2026, at a compound annual growth rate (CAGR) of 4.9%. The historical growth can be attributed to increased residential furnishing demand, the expansion of hospitality and healthcare facilities, a rise in cold climate product consumption, the availability of low-cost textile manufacturing, and the growth of retail distribution networks.
The blanket market size is expected to experience steady growth in the upcoming years. It is projected to reach $10.88 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 5.0%. This anticipated growth during the forecast period is attributed to factors such as increasing demand for energy-efficient electric blankets, the rising adoption of eco-friendly fabrics, the expansion of online home furnishing sales, a growing focus on premium comfort products, and an increasing demand from healthcare and elderly care facilities. Major trends identified for this period include an increasing demand for sustainable textile materials, the rising adoption of electric and smart blankets, a growing emphasis on comfort and thermal efficiency, the expansion of customizable blanket designs, and the enhanced use of advanced synthetic fibers.
Download A Free Sample Report For Comprehensive Market Insights:
Blanket Market Development Factors: Which Trends Are Supporting Demand?
The growing hospitality sector is anticipated to propel the blanket market’s expansion in the future. This industry encompasses various services and businesses that provide lodging, food and beverage, recreation, and entertainment to travelers and guests. The growth of the hospitality sector is attributed to a surge in global travel, increasing disposable incomes, and a rising demand for diverse and unique accommodations. Blankets are utilized in hotel rooms to offer comfort and warmth, enhance guest satisfaction, and contribute to a cozy and inviting atmosphere. For instance, in June 2025, according to the UK Parliament, a UK-based supreme legislative body, in 2023, the UK hospitality sector (accommodation and food services) generated £62.6 billion, accounting for approximately 2.8% of the nation’s total economic output. Therefore, the expansion of the hospitality industry is driving the blanket market.
Blanket Market Segment Landscape: Which Areas Lead Market Development?
The blanket market covered in this report is segmented –
1) By Product Type: Electric Blanket, Regular Blanket
2) By Material Type: Wool, Cotton, Polyester, Other Material Types
3) By Sales Channel: Hypermarkets Or Supermarkets, Specialty Stores, Multi Brand Stores, Independent Stores Retailers, Online Retailers, Other Sale Channels
4) By End User: Commercial, Residential
Subsegments:
1) By Electric Blanket: Heated Throw Blankets, Heated Electric Blankets With Dual Control, Ultra-Thin Electric Blankets
2) By Regular Blanket: Wool Blankets, Cotton Blankets, Fleece Blankets, Microfiber Blankets, Knitted Blankets
Blanket Market Trends Reshaping Industry Growth
Leading companies within the blanket market are prioritizing the creation of novel products, such as intelligent electric blankets, aiming to elevate consumer comfort, convenience, and energy efficiency. Smart electric blankets are sophisticated bedding items equipped with technology that facilitates exact temperature regulation, customizable programs, and compatibility with smart home setups, all designed to boost comfort and save energy. For instance, in October 2023, Xiaomi Inc., a China-based consumer electronics company, introduced the Mijia Smart Electric Blanket, featuring advanced capabilities and smart home integration. This blanket delivers precise temperature management via a smartphone application, allowing individuals to tailor their comfort preferences remotely. It also incorporates a rapid-heating function, guaranteeing quick warmth as needed.
Blanket Market Industry Leaders And Market Competition
Major companies operating in the blanket market are Walmart Inc., Medline Industries Inc., Ralph Lauren Home, Hudson’s Bay Company, Pottery Barn, Eddie Bauer LLC, Nautica Home, Beurer GmbH, Pendleton Woolen Mills, Silentnight Group Limited, WestPoint Home, Jarden Corporation, BUDDEMEYER S/A, Boll & Branch Co., Mellanni Fine Linens, American Blanket Company, URBANARA GmbH, Qbedding.com, Cuddledown Inc., Faribault Woolen Mill Co., Morphy Richards Ltd., Biddeford Blankets LLC, Chellco Industries Limited, Kanata Blanket Company
Access The Complete Blanket Market Report:
Blanket Market Leading Geography: Which Region Generates The Most Revenue?
North America was the largest region in the blanket market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blanket market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Get in touch with us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas: +1 310-496-7795
Asia: +44 7882 955267 & +91 8897263534
Europe: +44 7882 955267
Email us at: marketing@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.