Plush Blankets Market to Grow with a CAGR of 6.1% Globally through 2029
Rising disposable income, growing urbanization, increasing
preference for luxury are factors driving the global plush blankets market in
the forecast period 2025-2029.
According to TechSci Research report, “Global Plush
Blankets Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2029”, the Global Plush Blankets Market stood at USD 394.5 Million
in 2023 and is anticipated to grow with a CAGR of 6.1% in the forecast period,
2025-2029. In recent years, the Plush Blankets Market has experienced notable changes, propelled by a blend of consumer preferences, technological progress, and industry advancements.
The market for Plush Blankets has seen substantial growth, driven by an increasing desire for comfort and luxury in home textiles. Plush blankets, renowned for their softness, warmth, and visual appeal, have emerged as symbols of relaxation and personal comfort. Catering to a varied consumer spectrum, the market caters to individuals seeking both affordable and functional options, as well as those in search of premium and artisanal products.
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The driving force behind the Plush Blankets Market is the consistent consumer demand for comfort and luxury in home textiles. As people increasingly prioritize the creation of cozy and inviting living spaces, plush blankets have become essential in enhancing both comfort and aesthetic appeal within homes. Consumers perceive their living spaces as sanctuaries, and plush blankets provide a tangible means to elevate comfort and ambiance in these personal environments. Material technology advancements play a crucial role in shaping the Plush Blankets Market. Manufacturers continuously aim to enhance the softness, durability, and functionality of plush blankets by exploring innovative materials and manufacturing processes. The emergence of high-quality synthetic fibers, eco-friendly materials, and smart textile technologies has broadened consumer options, driving overall market growth and diversification. The expansion of e-commerce has revolutionized the Plush Blankets Market, making products accessible to a global audience. Online platforms offer consumers a wide range of choices, allowing them to explore various brands, designs, and price points. The convenience of online shopping has not only expanded consumer options but has also intensified competition among manufacturers, prompting them to improve product offerings and customer experiences.
There is a growing trend towards sustainable and eco-friendly materials in the Plush Blankets Market. Consumers increasingly prefer blankets made from organic cotton, recycled fibers, or other environmentally friendly alternatives. Manufacturers are responding by adopting sustainable practices across the supply chain, including eco-friendly manufacturing processes and obtaining relevant certifications. The integration of smart technology into plush blankets is a significant trend. Consumers are embracing home products infused with technology, leading to the development of blankets with embedded sensors for temperature control and connectivity features. This trend aligns with the demand for innovative and convenient home solutions, prompting manufacturers to explore ways to enhance plush blanket functionality through smart technology. The Plush Blankets Market presents opportunities for brands to differentiate themselves through innovative marketing and branding strategies. Collaborations with designers, influencers, or artisans can enhance brand identity, while storytelling around craftsmanship and sustainability aspects can resonate with consumers seeking meaningful connections with their purchases.
The global Plush Blankets market is segmented into application,
distribution channel and region.
In terms of application, the residential segment emerged as the dominant force in the Plush Blankets market, capturing the largest share of revenue. This dominance is attributed to the growing availability of upscale, luxurious bedding products with a wide range of beneficial features, leading to a steady increase in demand for plush blankets in residential settings.
Regionally, North America held the highest revenue share. The significant demand for products in this region is primarily driven by the rising expenditure on residential renovations and repairs by Americans, which encourages the use of high-quality bedding products.
Major companies operating in global Plush
Blankets market are:
- Berkshire Blanket & Home Co.
- American Blanket Company
- FleecePro
- Sunbeam Products, Inc.
- ADORNit
- Plush Addict Ltd.
- Robert Kaufman Co., Inc.
- Shannon Fabrics Inc.
- Venus Group
- The Company Store
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“The Plush Blankets Market is a dynamic and evolving
industry influenced by a combination of consumer trends, technological
innovations, and market challenges. Manufacturers and retailers in this space
must remain agile, adapting to changing consumer preferences, exploring
sustainable practices, and leveraging technological advancements to stay
competitive and capitalize on emerging opportunities. The market's future
growth will likely be shaped by a balance between innovation, sustainability,
and a deep understanding of consumer needs in the realm of home textiles.” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“Plush Blankets Market – Global Industry Size,
Share, Trends, Opportunity, and Forecast, Segmented By Application
(Residential, Commercial), By Distribution Channel (Hypermarkets/Supermarkets,
Convenience Stores, Online, Others), By Region, By Competition, 2019-2029, has evaluated
the future growth potential of global Plush Blankets market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global Plush Blankets market.
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