COVID-19 Impact Analysis on Fire Blanket Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2023-2032. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Fire Blanket market include Tyco International, Kidde Safety, Honeywell Safety, ULINE, Hollinsend Fire Safety, Junkin Safety, Triangle Fire, Water Jel, Oberon, Acmetex. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The fire blanket market is driven by a growing emphasis on fire safety across residential and commercial settings. Factors such as increased awareness, safety regulations, and the prevalence of small fires contribute to the adoption of fire blankets as crucial firefighting equipment. The versatility and ease of use make them suitable for a wide range of users, including those without extensive firefighting training, and their compact storage ensures quick accessibility during emergencies. Kitchen and cooking safety, coupled with their dual functionality in emergency evacuations, sustains the demand for fire blankets. In industrial and laboratory settings, where small fires may occur, these blankets are valued for their effectiveness. Low maintenance requirements and their integration into global building construction activities, driven by safety standards, further fuel the growth of the fire blanket market. As fire safety remains a priority, fire blankets continue to play a vital role in comprehensive emergency response planning and building safety measures.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of fire blanket. The growth and trends of fire blanket industry provide a holistic approach to this study.
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Market Segmentation
This section of the fire blanket market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Fiberglass Fire Blankets
- Wool Fire Blankets
- Kevlar Fire Blankets
By End-Use Industry
- Residential
- Commercial
- Industrial
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Fire Blanket market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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Research Report Insights (RRI)delivers key insights on the global Electric Blanketmarket in its upcomingoutlook titled, “Electric Blanket Market by 2025”. In terms of value, the global electric blanketmarket is projected to register a healthy CAGR of 7.1% during the forecast period due to various factors,regarding which RRI offers vital insights in detail.
Nowadays, consumers are spending a lot to keep their houses warm as well as properly insulated during the winters. There are various ways through which people can do that. However, today, a new type of blanket is dominating the market - electric blanket. These blanket can be warmed before use. Electric blanket are getting attention among consumers, owing to their various benefits, such as allowing consumers to access multiple features and delivering maximum comfort. Therefore, owing to increasing consumer awareness, coupled with the advantages associated with the product, the North American electric blanket market is expected to grow in the near future.
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When the warmness generated by a home heating system is not enough, an electric blanket helps in keeping the user warm and cozy, along with minimizing the overall home heating cost. Though electric blanket consume small amounts of energy as compared to a furnace, these devices can still increase the monthly electric bill. However, if the user operate the electric blanket at less than the maximum temperature setting, it may save overall heating costs.
A warm, cozy electric blanket is attractive to many people all through the winter months. Electric blanket usually save money related to turning up the heat when the temperature decreases, but they also present some dangers. Like any electric appliance, electric blanket can present fires hazard in the house that can damage property and threaten lives. This can be a hindrance to the electric blanket market.
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Quality has taken on a new level of industrial standing for manufacturers. Brand image is lost by offering low quality products to end users. Thus, the safely of electrical equipment has been protected by various stringent government quality standards at regionals levels, i.e. Community legislation (Directive 73/23/EEC), concerning the safety of electric heated blanket, and similar flexible heating appliances for commercial as well as household use.
UL (Underwriters Laboratories) is a safety certification organization that has been testing products and writing quality standards for over 100 years. UL develops a comprehensive set of electric blanket safety standards for the US market. All brands must issue safety recommendations with their products in compliance with UL standards. Additionally, one should not buy an electric blanket that does not show a UL (Underwriters Laboratories) or ETL mark on it.
This report covers trendsdriving each segment and offers analysis and insights of the potential of the electric blanketmarket in specific regions. Asia Pacificis expected to register high growth rates between 2017 and 2025. North America is expected to remain the largest market through 2025, followed by Europe. North America region accounted for 39.5% value market share in 2016 and is expected to account for 39.4%market share by 2025. In terms of volume, Asia Pacificis expected to register significant CAGR during the forecast period.
Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the electric blanketspace. Electric blanketkey players include Jarden Corporation, Shanghai Shenda Co. Ltd., Beurer GmbH, Morphy Richards Ltd., Biddeford Blanket, LLC, Snugnights UK LLP, Slumberdown Company, PIFCO, Shavel Associates Inc., Silentnight Group Ltd., CDB Goldair Australia Pty LTD, Glen Dimplex Group, MAXSA Innovations, E&E Co. Ltd. and Shijiazhuang Mengjie Industry Co. Ltd.
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