Therapeutic Weighted Blankets Market size was over USD 553.27 million in 2023 and is projected to reach USD 3.25 billion by 2036, witnessing around 14.6% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of therapeutic weighted blankets is assessed at USD 617.89 million.
The global therapeutic weighted blankets market is thriving on the back of growing bedding and sleeping products industry, coupled with the rising awareness amongst people for the critical relationship between sleep, good health and quality of life obtained from a good night’s sleep. According to the statistics by the Centers for Disease Control and Prevention (CDC), adults need 7 or more hours of sleep per night to maintain good health and wellbeing. Increasing concern amongst people for the prevalence of short sleep duration and the health issues derived from sleep deprivation is anticipated to promote towards the growth of the global therapeutic weighted blankets market.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
14.6% |
Base Year Market Size (2023) |
USD 553.27 million |
Forecast Year Market Size (2036) |
USD 3.25 billion |
Regional Scope |
|
The therapeutic weighted blankets market is segmented by distribution channel into online and offline, out of which, online segment is anticipated to hold the largest market share on the back of increasing smartphone and internet users around the globe, along with the increasing penetration of the e-commerce industry amongst individuals. With the advent of the e-commerce industry, backed by the convenience of use for shopping on the internet, almost every consumer product is now available online. Apparently, rising number of online shoppers around the globe is also anticipated to boost the growth of the segment exponentially over the coming years. According to the International Telecommunication Union (ITU), total numbers of individuals using the internet increased from 2035 million in the year 2010 to 4131 million in the year 2019.
Our in-depth analysis of the global market includes the following segments
By Size |
|
By Weight |
|
By Filling Type |
|
By End User |
|
By Distribution Channel |
|
On the basis of regional analysis, the global therapeutic weighted blankets market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
North America industry is predicted to hold largest revenue share by 2036, led by rising awareness for sleep deprivation issues amongst the people in the region, along with presence of several key players that are promoting the benefits associated with the use of therapeutic weighted blankets. Additionally, increasing concern for diseases such as Alzheimer’s, Autism and others amongst people along with the need for non-drug solutions are also anticipated to impact positively towards the growth of the therapeutic weighted market in the region over the forecast period.
Author Credits: Radhika Pawar
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?