News on U.S. government agencies, U.S. politics, companies doing business with U.S. federal government. Read U.S. national and local news. This site is not affiliated with United States Government.
(USGovernment-News.Com, October 10, 2024 ) Growing consumer awareness coupled with high disposable income is driving the baby blanket market. New designs and visual appeal are important factors in the market. Diversity in the products is preferred though the cotton is still most popular choice. The multi-functionality of these blankets is also preferred, like travel blankets with compartments, hoods for warmth, and swaddle blankets for strollers are also in the market. Customization seems to be the new trends as the gift giving is on the rise.
North America shown to be a profitable market for baby blankets in 2023 with accounting for more than 30% of total sales. Changing climatic conditions, number of hotels, defence force, & individual and corporate charity are some of the factors responsible for this. Asia-Pacific will grow at a 5.2% CAGR during this time.
Maximize Market Research has also published the following reports:
Electric Blankets Market was valued at USD 453.30 Million in 2023, and it is expected to reach USD 712.34 Million by 2030, exhibiting a CAGR of 6.67 % during the forecast period.
Wool Market size was valued at USD 10.37 Billion in 2023 and is expected to grow at a CAGR of 8.5 % from 2024 to 2030, reaching nearly USD 15.23 Billion
Textile Coating Market size was valued at USD 7.35 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 4.43% through 2024 to 2030, reaching nearly USD 9.48 Bn.
About Maximize Market Research
Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:
