Lighted Blanket Market size is estimated to be USD 450 Million in 2024 and is expected to reach USD 750 Million by 2033 at a CAGR of 6.2% from 2026 to 2033.
The global Lighted Blanket Market was valued at approximately USD 245 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030. This growth is driven by the increasing consumer demand for innovative, multifunctional home textiles that offer both comfort and utility, particularly in colder regions and among tech savvy users. North America held the largest market share in 2022, accounting for over 35% of the global revenue due to high adoption of smart home products and seasonal demand in colder climates. Europe followed closely, contributing nearly 28% of the total market share, driven by sustainability trends and increasing demand for energy efficient heating alternatives. Meanwhile, the Asia Pacific region is expected to witness the fastest CAGR of over 9% during the forecast period due to rapid urbanization, rising disposable income, and growing awareness of smart home and personal comfort products in countries such as China, Japan, and South Korea.
Regional opportunities vary based on climate conditions, technology adoption rates, and consumer spending behavior. In North America, particularly in the U.S. and Canada, consumers are leaning toward energy saving alternatives to central heating, providing a robust market for lighted blankets. In Europe, opportunities lie in integrating eco friendly and rechargeable heating solutions due to rising environmental regulations. The Asia Pacific region presents vast potential for manufacturers, especially in urban centers where consumers are adopting smart textiles and tech integrated home products. Additionally, e commerce expansion and seasonal promotional campaigns are likely to further boost market penetration in emerging economies. Latin America and the Middle East & Africa regions show moderate growth opportunities, mainly driven by luxury and gifting segments as well as tourism and hospitality usage in colder locations.
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GE Healthcare
Philips
Atom
Natus
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Lighted Blanket Market
Electric Blankets
Heated Throws
Heated Mattress Pads
Residential Use
Commercial Use
Fleece
Microplush
Wool
Cotton
Online Retail
Offline Retail
Adjustable Temperature Control
Auto Shut-Off
Wireless Connectivity
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Lighted Blanket Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Lighted Blanket Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Lighted Blanket Market, By Type
6. Global Lighted Blanket Market, By Application
7. Global Lighted Blanket Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Lighted Blanket Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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