Blanket Market

By Product Type;

Electric Blanket and Regular Blanket

By Material Type;

Wool, Cotton, Polyester and Others

By End User;

Commercial and Residential

By Sales Channel;

Hypermarkets & Supermarkets, Specialty Stores, Multi Brand Stores, Independent Stores Retailers, Online Retailers and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn076162010 Published Date: August, 2025 Updated Date: September, 2025

Blanket Market Overview

Blanket Market (USD Million)

Blanket Market was valued at USD 8,317.16 million in the year 2024. The size of this market is expected to increase to USD 10,798.32 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.8%.


Blanket Market

*Market size in USD million

CAGR 3.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.8 %
Market Size (2024)USD 8,317.16 Million
Market Size (2031)USD 10,798.32 Million
Market ConcentrationHigh
Report Pages379
8,317.16
2024
10,798.32
2031

Major Players

  • Pendleton Woolen Mills
  • Biddeford Blankets
  • Hudsons Bay Company
  • Boll & Branch Co
  • Urbanara
  • American Blanket Company
  • Shanghai Easun Group
  • Medline Industries, Inc
  • Kanata Blanket Company
  • Jarden Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Blanket Market

Fragmented - Highly competitive market without dominant players


The Blanket Market is witnessing strong growth as consumers increasingly prioritize comfort, style, and utility in their home furnishings. More than 45% of households report owning multiple types of blankets for various uses ranging from sleeping to decorative layering. The combination of functionality and aesthetic appeal has led to a surge in consumer adoption, making blankets not only an essential but also a lifestyle-driven purchase.

Demand for premium-quality fabrics such as wool, fleece, and cotton continues to rise, with nearly 40% of consumers indicating a preference for soft and durable materials. This preference highlights the growing shift toward higher-value products, as buyers increasingly associate comfort with material quality. The popularity of lightweight yet warm designs is further strengthening the adoption rate across all consumer demographics.

Innovation and Technological Integration
The market is also benefitting from innovations such as electric blankets and sustainable manufacturing practices. Around 30% of buyers are drawn to smart features like adjustable heat settings and energy efficiency, which enhance product value. Similarly, eco-conscious innovations have influenced purchase decisions, with sustainable blankets capturing a significant portion of the demand. These technological advancements have played a key role in driving consumer interest and trust.

Expanding Retail and Online Channels
The blanket market has gained momentum with the expansion of retail and digital channels. Reports indicate that nearly 55% of consumers purchase blankets online due to convenience and wider product variety. At the same time, offline retail maintains steady demand by allowing customers to assess fabric quality directly. This dual-channel approach has significantly broadened accessibility and contributed to continuous growth in sales volume.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Material
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Blanket Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Seasonal Demand

        2. Climate Variations

        3. Interior Design Trends

        4. Health and Wellness Awareness

      2. Restraints
        1. Supply Chain Disruptions

        2. Fluctuating Raw Material Prices

        3. Intense Market Competition

        4. Consumer Preference Shifts

      3. Opportunities
        1. Eco-Friendly Materials

        2. Technological Innovation

        3. Customization and Personalization

        4. Health and Wellness Benefits

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Blanket Market, By Product Type, 2021 - 2031 (USD Million)
      1. Regular Blanket
      2. Electric Blanket
    2. Blanket Market, By Application, 2021 - 2031 (USD Million)
      1. Hospital
      2. Household
      3. Hotel
    3. Blanket Market, By Material, 2021 - 2031 (USD Million)
      1. Wool
      2. Cotton
      3. Polyester
    4. Blanket Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Hypermarkets
      2. E-Commerce
      3. Multi-Brand Stores
    5. Blanket Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Pendleton Woolen Mills
      2. Biddeford Blankets, LLC
      3. Hudson’s Bay Company
      4. Boll & Branch Co.
      5. Urbanara
      6. American Blanket Company
      7. Shanghai Easun Group
      8. Medline Industries, Inc
      9. Kanata Blanket Company
      10. Jarden Corporation
  7. Analyst Views
  8. Future Outlook of the Market