Global Plush Blankets Market By Distribution Channels (Hypermarkets & Supermarkets, Convenience Stores, Online and other Distribution Channels), By Applications (Residential and Online), By Region, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The Global Plush Blankets Market size is expected to reach $568.7 Million by 2026, rising at a market growth of 9.2% CAGR during the forecast period. Demand for plush blankets has been essentially increasing in the residential sector due to the expanding availability of premium and luxury-based bedding items with various practical advantages. Expanding spending on bedding items that give a relaxed and revived sleeping experience is boosting the growth of the segment. A portion of different components supporting the development of the segment are an advancement in fabric, for example, a blend of mink, fleece, and false fur plush fabrics, customer inclination for exquisite home decor, expanding frequency of purchases, and item substitutions, and appeal for specialty and premium material blankets.
Plush Blankets Market Size, By Distribution Channels, 2020-2026
Expanded customer spending, combined with urbanization, is boosting the demand for cutting edge and hi-quality bedding items, for example, plush blankets. Also, expanding advancement in the plush fabrics while consolidating other fabric materials, for example, fleece, Minky, and corduroy, to give an extravagance appeal to the blankets is increasing the utilization of these plush blankets in the residential and commercial divisions.
Plush Blankets Market Share, By Applications, 2019
Expanded advances in the assembling of inventive plush blankets are causing higher infiltration of the item among customers. For example, the Cariloha bamboo throw is remarkably built as lightweight polyester between two thick and exotically delicate layers of plush bamboo fabric, providing a cuddly heft. Moreover, rising accessibility of plush blankets in various patterns and categories, for example, smooth, dimple, designed, textured, cuddle soft, and velvet, with different colors, is fueling the demand for the item as an aid to raise the appeal of surrounding or the environment of a room.
|Market size value in 2019||USD 364.1 Million|
|Market size forecast in 2026||USD 568.7 Million|
|Historical Period||2016 to 2018|
|Forecast Period||2020 to 2026|
|Revenue Growth Rate||CAGR of 9.2% from 2020 to 2026|
|Number of Pages||132|
|Number of Tables||260|
|Report coverage||Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling|
|Segments covered||Distribution Channels, Applications, Region|
|Country scope||US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria|
Free Valuable Insights: Global Plush Blankets Market to reach a market size of $568.7 million by 2026
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 Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
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.
Scope of the Plush Blankets Market Analysis
By Distribution Channels
- Hypermarkets & Supermarkets
- Convenience Stores
- Other Distribution Channels
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
- Newell Brands, Inc. (Sunbeam Products, Inc.)
- Home Depot, Inc.
- Berkshire Blanket & Home Co., Inc. (SUMEC Group Corporation)
- American Blanket Company
- Plush Addict Ltd.
- Robert Kaufman Co., Inc.
- Shannon Fabrics, Inc.
- Venus Group, Inc.
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Plush Blankets Market Related Reports:
How valuable will the plush blankets market be in the future?
The global plush blankets market size is expected to reach $568.7 Million by 2026.
What are the key driving factors and challenges in the plush blankets market?
Shifting consumer preference towards more sustainable choices are driving the market in coming years, however, Fleece material is highly inflammable have limited the growth of the market.
Who are the leading players in the plush blankets market?
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.
At what CAGR is the plush blankets market estimate to grow in the forecast period?
The expected CAGR of the plush blankets market is 9.2% from 2020 to 2026.
Which region has biggest share of plush blankets market in 2019?
The North America held the biggest share in 2019.
Which segment of Plush Blankets Market has largest share in 2019?
The segment of residential applications held the biggest market share in 2019.