Woolen Blanket Market

By Product Type;

Merino Wool Blankets, Cashmere Wool Blankets, Alpaca Wool Blankets and Others

By Application;

Residential, Commercial and Hospitality

By Distribution Channel;

Online Retail, Offline Retail, Specialty Stores and Others

By End-User;

Households, Hotels, Hospitals and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn390855660 Published Date: September, 2025 Updated Date: October, 2025

Woolen Blanket Market Overview

Woolen Blanket Market (USD Million)

Woolen Blanket Market was valued at USD 2087.73 million in the year 2024. The size of this market is expected to increase to USD 2747.31 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.


Woolen Blanket Market

*Market size in USD million

CAGR 4.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.0 %
Market Size (2024)USD 2087.73 Million
Market Size (2031)USD 2747.31 Million
Market ConcentrationHigh
Report Pages328
2087.73
2024
2747.31
2031

Major Players

  • Pendleton Woolen Mills
  • Johnstons of Elgin
  • Woolrich
  • Faribault Woolen Mill Co.
  • Biddy Murphy
  • Hudson's Bay Company
  • The Tartan Blanket Co.
  • Foxford Woollen Mills
  • Abraham Moon & Sons
  • Merino & Co.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Woolen Blanket Market

Fragmented - Highly competitive market without dominant players


The Woolen Blanket Market is growing as consumers look for sustainable, warm, and long-lasting bedding solutions. Adoption has risen by more than 39%, reflecting the continued preference for natural wool products that provide comfort, durability, and eco-friendly benefits.

Sustainability Driving Growth
An increasing focus on biodegradable and renewable fibers is fueling demand for woolen blankets. Over 34% of households now choose wool-based blankets over synthetic alternatives, citing insulation, breathability, and durability as key advantages.

Innovations Improving Quality
Advancements such as modern weaving methods, blended fabrics, and specialized finishes are enhancing the appeal of woolen blankets. Nearly 45% of new collections feature these upgrades, resulting in softer textures, better resilience, and easier care.

Promising Growth Outlook
Looking forward, the Woolen Blanket Market is set to expand further as sustainability and premium comfort trends shape consumer choices. With nearly 59% of producers planning higher investments, woolen blankets remain central to the future of bedding and lifestyle products.

  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 Distribution Channel
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Woolen Blanket Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Inherent Qualities of Wool
        2. Changing Consumer Preferences
        3. Focus on Sustainability
      2. Restraints
        1. Competition from Synthetic Alternatives
        2. Fluctuating Wool Prices
        3. Supply Chain Challenges
      3. Opportunities
        1. Growing Demand for Eco-Friendly Products
        2. Versatility and Aesthetic Appeal of Woolen Blankets
        3. Expansion into Outdoor and Specialty Markets
    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. Woolen Blanket Market, By Product Type, 2021 - 2031 (USD Million)
      1. Merino Wool Blankets
      2. Cashmere Wool Blankets
      3. Alpaca Wool Blankets
      4. Others
    2. Woolen Blanket Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
      3. Hospitality
    3. Woolen Blanket Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Online Retail
      2. Offline Retail
      3. Specialty Stores
      4. Others
    4. Woolen Blanket Market, By End-User, 2021 - 2031 (USD Million)
      1. Households
      2. Hotels
      3. Hospitals
      4. Others
    5. Woolen 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. Johnstons of Elgin
      3. Woolrich
      4. Faribault Woolen Mill Co.
      5. Biddy Murphy
      6. Hudson's Bay Company
      7. The Tartan Blanket Co.
      8. Foxford Woollen Mills
      9. Abraham Moon & Sons
      10. Merino & Co.
  7. Analyst Views
  8. Future Outlook of the Market