Stratview Research has published a new report on the Throw blankets Market, segmented By Product (Cotton, Rayon, Cotton-Poly Blends, Crushed Velvet, Faux Fur, Other), By Application (Household, Hotel, Others), and Region.
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global artificial intelligence as a service market.
Market Highlights
Increased adoption of various blankets in hospitals and hotels around the world, increased penetration of electric blankets in many emerging countries, the increased popularity of various types, patterns, colors, and brands of blankets, and rising product advertising through various social media platforms around the world are some of the primary factors driving the throw blanket market. Furthermore, an increase in research and development activities, as well as an increase in demand from emerging nations, will generate new opportunities for the throw blanket market throughout the projection period.
To know more about the covid impact on the market, click here: https://www.stratviewresearch.com/Request-Sample/2523/Throw-blankets-Market.html#form
Covid Impact
Covid-19 has impacted the market dynamics, competition, and global supply chain of every possible market one can think of. The revenues for many, have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operations and strategy will sustain and beat the competition.
Segmentation –
This report studies the Throw blankets Market and has segmented the market in a few ways, keeping in mind the concentration of all the stakeholders across the value chain. Following are the ways in which the market has been segmented in the report:
Based on application, the throw blankets market has been divided into Household, Hotel, Others. The Household accounted for the largest market share in 2020. The changing weather and climate have increased the need for numerous types of blankets for household use. Furthermore, a new polyester blanket known as an AC blanket, which is designed for sleeping in air-conditioned rooms, has been driving the market.
By region, the North American throw blankets market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. Climate, a big number of hotels, a massive defense force, and philanthropy done by both individuals and corporations all contribute to the region's sales. The weather in North America fluctuates a great deal.
The Asia-Pacific throw blankets market is expected to grow at the highest CAGR during the review on account of the growth of the major end-use industries. The utility of blankets is predicted to increase due to fluctuations in climate conditions in important markets, as well as a stronghold on middle-income age groups. Another factor driving the market growth is China's, India's, and Pakistan's large armed forces.
Following are the key players in the Throw blankets Market:
· Melin Tregwynt
· Tory Burch
· Alexander Mcqueen
· St Albans Textiles
· Gravity Blanket
· Brahms Mount
· Ted Baker
· Sesli Textiles
· DownTown Company
· Paul James
· Swans Island Company
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