New Report: Electric Blankets Market Revenues To Rake In At A CAGR Of 7.1% During 2017-2025
Verfasser: yogesh on Friday, 7 December 2018Electric blankets are heating blankets with built-in heating elements that help in maintaining a desired temperature even in a cold room. Electric blankets are mostly preferred to reduce overall home heating costs. These are opted for both residential as well as commercial purposes. A new research report by Persistence Market Research titled ‘Electric Blanket Market: Global Industry Analysis 2012-2016 & Forecast 2017-2025’ presents a brief overview of the global electric blanket market. According to the research report, the global electric blanket market is expected to expand and reach a market value of over US$ 1,200 Mn by the end of 2025. The market is expected to grow at a robust CAGR of 7.1% during the forecast period 2017-2025. The increase in demand is a result of the unique features of electric blankets such as high durability, low cost, and long lasting feature, as well as these being inherently safer from overheating.
Global Electric Blanket Market: Trends and Opportunities